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316 Taft Avenue

316 Taft Avenue, Wilmington, DE 19805
Townhouse in Lancaster Village
Sold Oct 04, 2019
$175,000
$171,830 by Cmg Mortgage, Inc.
Mortgage Due Oct 01, 2049
Sold Apr 29, 2002
$119,000
316 Taft 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 1943 and is 81 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, 316 Taft Avenue has 1,350 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 1,100 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 3,920 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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. For the features and amenities located on the property. There is a attached garage for those who require parking. 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 unknown. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable 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. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The building on the property is connected to a sewer system. The property was last sold in Sep 13, 2019 for $175,000. That's $129.63 per sqft. Prior to that sales transaction, the property was also sold in Apr 29, 2002 for $119,000. 316 Taft Avenue was last assessed in 2023. The total value of the property was assessed at $30,900. Specifically, the land the property is located on was valued at $8,600. While improvements on the property were assessed at a total of $22,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $1,038. The initial tax year of delinquency was in 2022. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Building Style

Colonial

Accessibility

ADA Access

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: C
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,350
  • Gross Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,350
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANCASTER VILLAGE
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : MILLER MICHAEL JAMES
  • Previous Owner : PAARAS LLC
  • Owner Before Previous Owner: VALDSAAR HERBERT
  • Owner Before Previous Owner 2: VALDSAAR ELLEN
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

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

Zoning

  • Zoning: NCSD

Geography

  • Assessors Map Reference: 07-036
  • District: 07
  • Parcel: 07-036.10-039
  • Lot: 33
  • Municipality: CHRISTIANA HUNDRED
  • Latitude: 39.7467
  • Longitude: -75.5925

    Address

  • Full Address: 316 Taft Ave
  • Address - House Number: 316
  • Address - Street Name: Taft
  • Address - Suffix Type: Ave
  • State: DE
  • City Name: Wilmington
  • Carrier Code: C014
  • 4-Digit Zip Code: 1303
  • Zip Code: 19805

Valuation

    Tax

  • Total Area: 1,350
  • Tax Year: 2023
  • Tax Amount: $1,038
  • 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: 241,393
  • High Value: 300,773
  • Low Value: 182,012

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $181,923
  • First Open Lien Mortgage Lender: CMG MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: Mar 09, 2023
  • First Open Lien Mortgage Loan Amount: $171,830
  • First Open Lien Mortgage Term: 318
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2049
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Sep 22, 2023
  • Second Open Lien Mortgage Loan Amount: $10,093
  • Second Open Lien Mortgage Term: 476
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2063

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,900
  • Assessed Land Value: $8,600
  • Assessed Improvements Value: $22,300

    Sales

  • Current Sale Contract Date: Sep 13, 2019
  • Current Sale Recording Date: Oct 04, 2019
  • Current Sale Transaction ID: 11662300294
  • Current Sale Price: $175,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20191004-0079859
  • Previous Sale Recording Date: Apr 29, 2002
  • Previous Sale Contract Date: Apr 29, 2002
  • Previous Sale Amount: $119,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Oct 04, 2019
  • First Mortgage Loan Amount: $171,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2049

About Lancaster Village



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Nearby Rentals

Unit for rent at 1117 N Bancroft Pkwy, WILMINGTON, DE, 19805

$2,850 /mo

  • 3 Beds
  • 1.5 Baths
1117 N Bancroft Pkwy, WILMINGTON, DE, 19805 Listing by Jordan Oncay

Frequently Asked Questions

What neighborhood is 316 Taft Avenue located in?
The 316 Taft Avenue is a townhouse located in the neighborhood of Lancaster Village in Lancaster Village, Wilmington.
What is the average sales price for listings in 316 Taft Avenue?
The average sales price for units in 316 Taft Avenue is $0 currently.

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