214 5th Avenue

214 5th Avenue has been categorized by the local assessors in Wilmington, DE as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 214 5th Avenue has 980 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 770 ft and across the front of the lot is 140 ft. The area measurement of the land has been determined as 871 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a row home style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a flat style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 214 5th Avenue sold most recently in May 29, 2012 for a total of $40,000. If you work out the math, that's approximately a cost of $40.82 per sqft. Before that, the property was also sold for $54,000 in May 22, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $877 in taxes each year. The initial year of tax delinquency occurred in 2022. 214 5th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,400. If we break it down further, the land itself was valued at $2,200. Improvements to the property, however, were assessed at a total of $22,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.