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1603 Montgomery Road

1603 Montgomery Road, Wilmington, DE 19805
Property in Willow Run
Sold Oct 22, 2020
Transfer
$194,904 by Cardinal Financial Company Lp
Mortgage Due Nov 01, 2050
Sold Jun 19, 2006
$205,000
$201,832 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2036
1603 Montgomery Road in Wilmington, DE was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 1984. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1603 Montgomery Road has 912 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 2,200. In total, the area measurement of the land is 13,068 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The property is connected to a sewer system. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. As for heating, the home is utilizing a hot water heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $205,000 in Jun 15, 2006. Current property owners are expected to pay $1,105 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1603 Montgomery Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $32,900. To break that down further, the land itself was valued at $7,900. While improvements to the property were assessed at a total of $25,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 650
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOW RUN
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : GILBERT THEAND
  • Previous Owner : ELLIS MICHAEL J
  • Previous Owner 2: ELLIS MELISSA ANN
  • Owner Before Previous Owner: BLUE SKY II LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Red Clay Consolidated School District
  • School Tax School District: TRS2
  • Census Tract: 012200

Zoning

  • Zoning: NC6.5

Geography

  • Assessors Map Reference: 07-035
  • District: 07
  • Parcel: 07-035.30-325
  • Block: C
  • Lot: 34
  • Municipality: CHRISTIANA HUNDRED
  • Latitude: 39.7432
  • Longitude: -75.6093

    Address

  • Full Address: 1603 Montgomery Rd
  • Address - House Number: 1603
  • Address - Street Name: Montgomery
  • Address - Suffix Type: Rd
  • State: DE
  • City Name: Wilmington
  • Carrier Code: C024
  • 4-Digit Zip Code: 1246
  • Zip Code: 19805

Valuation

    Tax

  • Total Area: 900
  • Tax Year: 2023
  • Tax Amount: $1,105
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: LC01;TRS2;

    Appraisal Valuation

  • Standard Deviation: 0.2459
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 65
  • Final Value: 243,406
  • High Value: 303,281
  • Low Value: 183,530

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $202,700
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Loan Amount: $194,904
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050
  • Second Open Lien Mortgage Lender: DELAWARE STATE HOUSING AUTHORI
  • Second Open Lien Mortgage Recording Date: Oct 22, 2020
  • Second Open Lien Mortgage Loan Amount: $7,796
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $206,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,900
  • Assessed Land Value: $7,900
  • Assessed Improvements Value: $25,000

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11793241089
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20201022-0093464
  • Previous Sale Recording Date: Jun 19, 2006
  • Previous Sale Contract Date: Jun 15, 2006
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $194,904
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 19, 2006
  • Previous Mortgage Loan Amount: $201,832
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2036

About Willow Run



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Nearby Rentals

Unit for rent at 110 N Dupont St, WILMINGTON, DE, 19805

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 775 ft²
110 N Dupont St, WILMINGTON, DE, 19805 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 1603 Montgomery Road located in?
The 1603 Montgomery Road is a located in the neighborhood of Willow Run in Willow Run, Wilmington.
What is the average sales price for listings in 1603 Montgomery Road?
The average sales price for units in 1603 Montgomery Road is $0 currently.

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