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7 Bungalow Avenue

7 Bungalow Avenue, Wilmington, DE 19805
Sold Jun 30, 2005
$175,000
$156,650 by New Penn Financial Llc
Mortgage Due Mar 01, 2043
Sold Nov 18, 2004
$115,500
7 Bungalow 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 1927 and is 97 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7 Bungalow Avenue has 788 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 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 are a total of 2 available parking spaces. 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 C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. 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. There is a single fireplace in the home. Perfect for those wintery nights. The building on the property is connected to a sewer system. The property was last sold in Feb 25, 2005 for $175,000. That's $222.08 per sqft. Prior to that sales transaction, the property was also sold in Nov 15, 2004 for $115,500. 7 Bungalow Avenue was last assessed in 2023. The total value of the property was assessed at $36,800. Specifically, the land the property is located on was valued at $10,000. While improvements on the property were assessed at a total of $26,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,052. 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. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 788
  • Gross Building Area: 788
  • Building Area: 788
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 788
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK GROVE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: L56 57

Ownership

  • Current Owner : RODRIGUEZ RAFAEL
  • Current Owner 2: LOPEZ MARGARITA
  • Previous Owner : COVIELLO BROTHERS BUILDERS INC
  • Owner Before Previous Owner: CICCHETTI ANN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Red Clay Consolidated School District
  • School Tax School District: TRS2
  • Census Tract: 012400

Zoning

  • Zoning: 19R1

Geography

  • Assessors Map Reference: 19-004
  • District: 19
  • Parcel: 19-004.00-232
  • Block: G
  • Lot: 56 57
  • Municipality: ELSMERE TOWN
  • Latitude: 39.7382
  • Longitude: -75.6012

    Address

  • Full Address: 7 Bungalow Ave
  • Address - House Number: 7
  • Address - Street Name: Bungalow
  • Address - Suffix Type: Ave
  • State: DE
  • City Name: Wilmington
  • Carrier Code: C021
  • 4-Digit Zip Code: 5008
  • Zip Code: 19805

Valuation

    Tax

  • Total Area: 1,150
  • Tax Year: 2023
  • Tax Amount: $1,052
  • Tax Rate Code Area: LC01;TRS2

    Appraisal Valuation

  • Standard Deviation: 0.2114
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 71
  • Final Value: 242,835
  • High Value: 294,193
  • Low Value: 191,477

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,650
  • First Open Lien Mortgage Lender: NEW PENN FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Feb 26, 2013
  • First Open Lien Mortgage Loan Amount: $156,650
  • 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: Mar 01, 2043

    Market Valuation

  • Market Total Value: $195,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,800
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $26,800

    Sales

  • Current Sale Contract Date: Feb 25, 2005
  • Current Sale Recording Date: Jun 30, 2005
  • Current Sale Transaction ID: 1066756226
  • Current Sale Price: $175,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20050630-0065439
  • Previous Sale Recording Date: Nov 18, 2004
  • Previous Sale Contract Date: Nov 15, 2004
  • Previous Sale Amount: $115,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILMINGTON MORTGAGE SERVICES I
  • First Mortgage Transaction Date: Jun 30, 2005
  • First Mortgage Loan Amount: $169,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Mar 01, 2035

About Elsmere



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Frequently Asked Questions

What neighborhood is 7 Bungalow Avenue located in?
The 7 Bungalow Avenue is a house located in the neighborhood of Elsmere Gardens in Elsmere, Wilmington.
What is the average sales price for listings in 7 Bungalow Avenue?
The average sales price for units in 7 Bungalow Avenue is $0 currently.

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