Check Availability

508 North Adams Street

508 North Adams Street, Wilmington, DE 19801
Property in West Center City
Sold Dec 28, 2021
$200,000
$100,000 by Commercial Lender Llc
Mortgage Due Nov 01, 2053
Sold May 01, 1985
$17,000
Local assessors in Wilmington, DE have categorized 508 North Adams Street as a residential type of property. The home was built in 1879 and is 145 years old. The property's lot size has been calculated to be 871 square feet. The linear feet between the front and back of the lot was measured at 780 ft and the front of the lot was measured at 130 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a row home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 508 North Adams Street has a total of 836 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a flat style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 508 North Adams Street was last sold in Dec 23, 2021 for $200,000. According to our calculations, that's $239.23 per sqft. Prior to that sales transaction, the property was sold for $17,000 in Jan 1, 1970. Current property owners are expected to pay $535 in taxes per year. The property on 508 North Adams Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $14,900. To break that down further, the land itself was valued at $2,500. While improvements to the property were assessed at a total of $12,400. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1879
  • Effective Year Built: 1879
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Row home
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 871
  • Lot Size Depth Feet: 780
  • Lot Size Frontage Feet: 130
  • Total Building Area: 836
  • Gross Building Area: 836
  • Building Area: 836
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 836
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILMINGTON
  • Land Acres: 0.02
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : ECHO PROPERTY INVESTMENTS LLC
  • Previous Owner : SAILER JACQUELINE
  • Previous Owner 2: SAILER JOHN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Christina School District
  • School Tax School District: TRS3
  • Census Tract: 002100

Zoning

  • Zoning: 26R-4

Geography

  • Assessors Map Reference: 26-034
  • District: 26
  • Parcel: 26-034.20-321
  • Block: 655
  • Lot: 5
  • Municipality: WILMINGTON CITY
  • Latitude: 39.7449
  • Longitude: -75.5587

    Address

  • Full Address: 508 N Adams St
  • Address - House Number: 508
  • Street Direction: N
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: DE
  • City Name: Wilmington
  • Carrier Code: C019
  • 4-Digit Zip Code: 2039
  • Zip Code: 19801

Valuation

    Tax

  • Total Area: 825
  • Tax Year: 2023
  • Tax Amount: $535
  • Tax Rate Code Area: LC04;TRS3

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: COMMERCIAL LENDER LLC
  • First Open Lien Mortgage Recording Date: Oct 23, 2023
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $49,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,900
  • Assessed Land Value: $2,500
  • Assessed Improvements Value: $12,400

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Transaction ID: 11875866755
  • Current Sale Price: $200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20211228-0147535
  • Previous Sale Recording Date: May 01, 1985
  • Previous Sale Amount: $17,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRE HOLDING RESIDENTIAL LLC
  • First Mortgage Transaction Date: Dec 28, 2021
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Dec 31, 2022

About West Center City



Similar Buildings

Property at 508 North Adams Street,

813 West 6th Street

  • 1 Unit for Sale
  • 2 Stories
813 West 6th Street, Wilmington, DE 19801
Property at 508 North Adams Street,

402 North Adams Street

  • 1 Unit for Sale
  • 3 Stories
402 North Adams Street, Wilmington, DE 19801
Property at 508 North Adams Street,

605 North Jackson Street

  • 1 Unit for Sale
  • 3 Stories
605 North Jackson Street, Wilmington, DE 19805
Property at 508 North Adams Street,

1006 West 7th Street

  • 1 Unit for Sale
  • 2 Stories
1006 West 7th Street, Wilmington, DE 19805
Property at 508 North Adams Street,

1017 West 7th Street

  • 1 Unit for Sale
  • 2 Stories
1017 West 7th Street, Wilmington, DE 19805
Property at 508 North Adams Street,

616 West 7th Street

  • 1 Unit for Sale
  • 3 Stories
616 West 7th Street, Wilmington, DE 19801
Property at 508 North Adams Street,

1010 West 3rd Street

  • 1 Unit for Sale
  • 3 Stories
1010 West 3rd Street, Wilmington, DE 19805
Property at 508 North Adams Street,

814 North Monroe Street

  • 1 Unit for Sale
  • 3 Stories
814 North Monroe Street, Wilmington, DE 19801

Nearby Rentals

Unit for rent at 1300 Delaware Avenue #1a, WILMINGTON, DE, 19806

$1,600 /mo

  • Studio
1300 Delaware Avenue #1a, WILMINGTON, DE, 19806 Listing by Buzz Moran
Unit for rent at 1710 W 9th St, WILMINGTON, DE, 19805

$1,850 /mo

  • 3 Beds
  • 1 Bath
  • 1,175 ft²
1710 W 9th St, WILMINGTON, DE, 19805 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 508 North Adams Street located in?
The 508 North Adams Street is a located in the neighborhood of West Center City in West Center City, Wilmington.
What is the average sales price for listings in 508 North Adams Street?
The average sales price for units in 508 North Adams Street is $0 currently.

Quantcast