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4500 Washington Boulevard
Wilmington, DE 19802
$695,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
2725
Property Description
Hallmark of history in classic city home on Washington Blvd.! Welcome to a one-of-a-kind home rooted in history and chock full of yesteryear charm. Built in 1838 by George W. Talley II (builder’s initials and date appear on plaque on home’s north wall) as a wedding gift to his son George W. Talley III, this 186- year-old home is a colonial enthusiast’s dream with exceptional character, authentic period elements, good, solid “bones” and desirable city location. This stately all-stone/traditional black shutters 4-5BRs/3.5 baths home is nestled on prime .97 acre of property (w/adj lot), in sought-after Brandywine Hills, N. Wilm. It is magnificently perched on Washington Blvd. and borders Dryden, Walton and Rockwood Rds., effectively enveloping home in picturesque and private setting that is both tree-lined and tranquil and evokes breathtaking curb appeal. Over time, home changed ownership and was lovingly repainted, replastered, updated and more. At one point home was owned by Charles Gooding, a builder, and the man responsible for development of Brandywine Hills and modernization of this home, even extending home by a wing to include new kitchen and 2-car garage that was later converted to an office/flex space. The home’s latest owners purchased home in 1970s and have owned the residence for the past 50 years. They have kept its ageless appeal along with updates of gas water heater (2021), HVAC (2020) and updated breakers and hope to find a new steward to take home to the next level. Step inside where home’s beloved characteristics of bygone era were carefully preserved. Appreciate original oak hardwood floors, deep 18” inset windows, extra wide baseboards, classic Williamsburg blue trim and more. Sweeping formal LR features sequence of windows that grace front/back walls and gorgeous, wood-burning stone FP anchors room, while coffered ceiling creates vertical dimension and showcases incredible craftsmanship. Amazing backdrop for conversation and cocktails! From LR step out to sunken flagstone-floored screened-in porch that offers premier seating to spectacular plantings, flourishing flowers, and nature at play, while door grants access to open-air terrace tucked along back of home. This indoor/outdoor blend of space offers a never-to-expire invitation to enjoy! Classic DR has rich exposed beams, 2 nd stone FP and handsome build-ins. Adjoining kitchen is beyond with exposed stone wall, Heritage cherry cabinets, garden window, white tile/floral accented countertops, and endless possibilities! Off kitchen is convenient, quaint mud room with floor-to-ceiling paned windows, backyard access and just-right space. Gardner’s delight, perfect for benches, potted plants and hanging hooks! Ideal flex space, adjacent to kitchen, features full bath and W & D tucked behind dual doors. This sunlit, open space can be office, guest suite, or rec room. Walk-out, partially finished LL features home’s 3 rd FP and holds immense promise. The 2 nd and 3 rd levels are home to 4 secondary, spacious, sunlit BRs with sizable square footage and ample natural light, along with hall bath. Sequestered at end of hall, primary BR is sprawling with walk-in closet and accessory closet with period glass knobs and large, private retro bath of lavender/black tile. Nestled in blissfully beautiful and blooming side yard is rustic, historic barn which is part of a 200-year-old milk bank barn from Lancaster, PA that was taken down and put up at 4500 Washington Blvd. by the Amish, then an outer layer, the skin, was built onto it. Appreciate there were no nails used in construction of this pole barn bones and builders used only woodworking techniques such as dovetail joints, and mortise and tenon joinery. Time-stamped treasure! This masterfully built home at 4500 Washington Blvd. exudes timeless beauty, enduring grace, and everlasting allure. It's a unique opportunity to bring your vision, imagination, implement your improvements to a piece of history.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1838
MLS Number
DENC2059146
Location
Address
4500 WASHINGTON BOULEVARD
City
WILMINGTON
State
DE
Zip Code
19802
County
NEW CASTLE (WILMINGTON)
Listing
Provider
Keller Williams Realty - Willmington, original listing
Name
Keller Williams Realty - Willmington
Phone
(302) 299-1100
Office Name
Keller Williams Realty Wilmington
Office Phone
(302) 299-1100
Agent Name
Steven Anzulewicz

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.