2425 GRUBB RD, Wilmington DE 19810 Home for Sale for $750,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,800 square foot home was built in 1955 on a lot size of 3.31 Acre(s).

Property Information
$750,000
3 Bedrooms
1 Full Bath, 1 Half Bath
Single Family Home for Sale
1,800 Square Feet
Taxes are $2,149
Colonial
Active
Lot Size of 3.31 Acre(s)
Built in 1955
Wilmington, DE
New Castle County
MLS/Web ID is 6076475
2425 GRUBB RD, Wilmington, DE
Description

MAJOR PRICE REDUCTION!! INVESTOR OR BUILDER ALERT! 5 LOT POTENTIAL! Massive subdividable property on 3.3 Acres in prime N. Wilmington location on Grubb Rd between Foulk and Marsh. There are several structures currently on the property a 3BR Colonial home, carport and several garages. The home needs extensive work and is considered a full gut or a tear down if the buyer wanted to retain the full property without subdividing. The true value of the property is in its size and premier location. Structures on property are being sold "as is". Feasibility study completed showing property can be subdivided into 5 lots with current zoning. Contact LA for copy of plans.

Exterior Features
Exterior
  • Other
Garage
  • 4+ Car
  • Detached
Parking
  • Parking Spaces
Siding
  • Asbestos Exterior
Interior Features
Appliances
  • Electric Cooktop
Basement
  • Full
Cooling System
  • Central Air
Fireplace
  • 1 Fireplace
Heating Source
  • Gas
Heating System
  • Forced Air
  • Hot Water Heater: Electric
  • Hot Water Heater: Gas
Room Features
  • 1st Floor Laundry Room
Sewer
  • Public Sewer
Water Source
  • Public Water
† Excluded Feature
Neighborhood & Schools
School District: Brandywine New Castl
Listed By
Broker: Keller Williams Realty-Wilmington

Property Report

Price History
Date Price Price Change Description
4/2/2013 $750,000 -5.66 % Price Change
3/23/2013 $795,000 6.00 % Price Change
2/14/2013 $750,000 -6.25 % Price Change
10/25/2012 $799,999 -5.88 % Price Change
9/27/2012 $850,000 -8.60 % Price Change
6/28/2012 $930,000 Listed Price
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Market Pricing

Average % of sale price Median % of sale price
All listings in Wilmington $367,011 51 % below $248,200 67 % below
Single family listings in Wilmington $397,863 47 % below $260,000 65 % below
Sold listings in Wilmington $178,492 76 % below $177,500 76 % below

Local Sold History
Address Beds Baths Sqft Sold Price Sold Date Distance (miles)
2301 DONWOOD RD
Wilmington, DE		 4 2 1850.00 $315,000 11/30/2012 0.13
2314 EMPIRE DR
Wilmington, DE		 4 2 1926.00 $260,000 12/4/2012 0.14
7 CROWN CT
Wilmington, DE		 4 2 2525.00 $325,000 9/27/2012 0.17
2220 REGAL DR
Wilmington, DE		 4 2 $170,000 6/19/2012 0.28
2221 KINGSRIDGE DR
Wilmington, DE		 4 2 1975.00 $265,000 8/20/2012 0.29

Get the facts about Wilmington, DE!

Population
72,150
Population Growth (since 2000)
-1 %
Median Income
$39,574
Median Age
36.5
Households w/ Children
29 %
15,107 4,278 14,201 15,107 4,278
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.5% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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