716 North Franklin Street

Local assessors in Wilmington, DE have categorized 716 North Franklin Street as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 2006. The property's lot size has been calculated to be 2,178 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 230 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 3 partial bathrooms. 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 716 North Franklin Street has a total of 1,800 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 is only one available parking space, so if you need more, you may need to find some alternatives. 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 wood. 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 gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in May 31, 2007 for $195,000. That's $108.33 per sqft. Prior to that sales transaction, the property was also sold in Dec 1, 2006 for $178,000. 716 North Franklin Street was last assessed in 2023. The total value of the property was assessed at $52,900. Specifically, the land the property is located on was valued at $10,100. While improvements on the property were assessed at a total of $42,800. 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 $1,434. 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. 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.