new - 5 days on rocket

1200 Read St, Wilmington, DE, 19805

$75,000

Home List Price

$891*

Closing Credit

3 Bedrooms
1 Full Bath
875 SqFt
$86/SqFt
Townhouse

Location

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1200 Read St, Wilmington$75,000

Buyer Closing Credits

$891*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1900
HeatingForced Air
CoolingNone
BasementYes
MLS #DENC2073668
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 1200 Read St

Welcome to Hedgeville! Located on the Southwest side of the City of Wilmington! Convenient to places of worship, education facilities, the Central Business District and the Riverfront in all its glory! This end of row home is ready for its next custodian! Living room welcomes you and leads to formal dining area delineated by an old school post and arch way. Small hallway moves into kitchen area with door leading to rear yard. A nook between the kitchen and dining area could become a future half bath or pantry. Basement plays host to laundry facilities as well as overflow storage capacity. Second level features three sleeping chambers and is serviced with a full bathroom with tub/shower combo. Gas heat and hot water power the mechanicals for an efficient operating expenditure. Roll up your sleeves and bring your design prowess to showcase creative flare. Excellent opportunity for aspiring home owner with ample resources to purchase and make their own. Or for investor to renovate and resell for end user or start/add to your cash flow portfolio!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900
  • Stories: 2
  • Living Area: 875 SqFt

Listing Office:

  • Office Name: Pantano Real Estate Inc
  • Office Phone: (302) 888-0300
  • Listing Agent: Joseph P Hurley III

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Bathroom - Tub Shower, Combination Dining/Living, Floor Plan - Traditional, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting, Sidewalks, Street Lights

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: S. Jackson St. to right onto Read St. Follow up the hill to S. Harrison St. Cross over and the house is on the left hand side of the block.

Price Information

Listing Price Info

Price Summary:

  • List Price: $75,000
  • Price Per SqFt: $86/SqFt

Tax Information:

  • Annual Amount: $460
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wilmington, DE.

Med. Sold Price

$324.8K

Med. Price/SqFt

$198

Avg. Days On Market

29

# of Sold Homes

200

1200 Read St vs Wilmington

5 DAYS ON ROCKET

-24 Days

$75,000

-$249.8K Less

$86/SqFt

-$112 Less

KEY TAKEAWAY

This property is $249.8K less than the Median Sold Price and $112/SqFt less than other homes in Wilmington, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DENC2073668

Listing Office:

  • Office Name: Pantano Real Estate Inc
  • Office Phone: (302) 888-0300
  • Listing Agent: Joseph P Hurley III

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/2/2025, 8:23:10 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$460$17,600
2020$391$17,600
2019$505$17,600
2018$491$17,600
2017$2,709$17,600

History based on county public records data.

Payment Calculator

$442

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2568921
5
/10
  • William C. Lewis Dual Language Elementary School

  • 920 N Van Buren St

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-2568922
3
/10
  • Stubbs Early Education Center

  • 1100 N Pine St

  • 1.34 miles

  • Public District Grades PK-KG

school-card-donut-2568923
4
/10
  • Highlands Elementary School

  • 2100 Gilpin Ave

  • 1.34 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,235. Residents of Wilmington, DE typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1200 Read St

What is the listing price of this property?

The listing price of 1200 Read St property is $75,000.

What type of property is this?

The property 1200 Read St is a townhouse located in Wilmington, Delaware, 19805.

Is this property for sale now?

Active Listing: 1200 Read St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $460 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1200 Read St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1200 Read St is 875 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1200 Read St is 1900.

Rocket Homes›Delaware›New Castle County›Wilmington›19805›1200 Read St

This home is located at 1200 Read St in Wilmington, DE and zip code 19805 in the Hedgeville neighborhood. This 875 square foot home, which was built in 1900, sits on a 0.02 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $75,000.

Wilmington, DE housing market in December 2024 saw over 60 listings sold above listed price, more than 61 sold at listed price and over 79 sold below. The number of listings in Wilmington, DE decreased by 9.8% between November 2024 and December 2024. In December 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $324,845.

From Rocket Homes Real Estate and based on county public records data.

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