NOT LISTED FOR SALE

102 E Ayre St Wilmington, DE 19804

Estimated Value: $87,000 - $460,000

-- Bed
4 Baths
4,300 Sq Ft
$64/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $37,500 $9 Per Sq Ft

Est. 629% increase in value since last sale

Current estimated payment $1,625/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • Parking Storage or Cabinetry

About This Home

As of October 2015

Motivated Seller, bring all offers for this Large 4 unit property in need of extensive repairs. This property will be sold strictly in AS-IS condition. Great potential when renovated to be an income producing property. A separate 38 x 18 storage building with a loft that could be rented for additional income. Any prospective purchaser should perform their own due diligence prior to submitting any offer.

Last Agent to Sell the Property

Stephen Mervine

(302) 234-3800 smervine1@msn.com RE/MAX Associates-Hockessin License #RS323368 Listed on: 08/28/2015

RE/MAX Associates-Hockessin

Last Buyer's Agent

Stephen Mervine

(302) 234-3800 smervine1@msn.com RE/MAX Associates-Hockessin License #RS323368 Listed on: 08/28/2015

RE/MAX Associates-Hockessin

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x106
  • Property is in below average condition

Home Design

  • Quadruplex
  • Aluminum Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 4,300 Sq Ft Home
  • Partial Basement

Parking

  • Garage
  • Parking Storage or Cabinetry
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $2,040

Listing and Financial Details

  • Tax Lot 070
  • Assessor Parcel Number 20-003.00-070

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Any Personal Property
  • Inclusions: All Existing Items, Fixtures And Appliances
  • New Construction: No
  • Storage: Garage
  • Year Built: 1900
  • Remarks Public: Motivated Seller, bring all offers for this Large 4 unit property in need of extensive repairs. This property will be sold strictly in AS-IS condition. Great potential when renovated to be an income producing property. A separate 38 x 18 storage building with a loft that could be rented for additional income. Any prospective purchaser should perform their own due diligence prior to submitting any offer.
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 4300
  • Living Area Sq Ft: 4300
  • Price Per Sq Ft: 13.93
  • Above Grade Finished Sq Ft: 4300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 102

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 59900.00
  • Land Assessed Value: 4600.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 30X106
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Below Average
  • Zoning: 20GB

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 2377724
  • Tax Annual Amount: 2040.00
  • Assessor Parcel Number: 20-003.00-070
  • Tax Lot: 070
  • Tax Year: 2014
  • Close Date: 10/09/2015

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2019
Sold by
Jarrell Jimmy A and Winegar Gordon F
Bought by
Ayre Street Properties Llc
Current Estimated Value
$273,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2019
Sold by
102 E Ayre Street Llc
Bought by
Jarrell Jimmy A and Winegar Gordon F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2017
Sold by
Bison Inner City Group Llc
Bought by
102 E Ayre Street Llc

Purchase Details

Listed on
Aug 28, 2015
Closed on
Oct 8, 2015
Sold by
Blue Rock Properties Llc
Bought by
Bison Inner City Group Llc
Seller's Agent
Stephen Mervine
RE/MAX Associates-Hockessin
Buyer's Agent
Stephen Mervine
RE/MAX Associates-Hockessin
List Price
$65,000
Sold Price
$37,500
Premium/Discount to List
-$27,500
-42.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.84%

Purchase Details

Listed on
Jun 16, 2015
Closed on
Jul 17, 2015
Sold by
U S Bank Trust Na
Bought by
Blue Rock Properties Llc
Seller's Agent
Jeff Derp
Long & Foster Real Estate, Inc.
Buyer's Agent
Jeff Derp
Long & Foster Real Estate, Inc.
List Price
$54,900
Sold Price
$11,500
Premium/Discount to List
-$43,400
-79.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27725.62%

Purchase Details

Closed on
Jun 30, 2006
Sold by
The Revocable Trust For Aubrey J Cox
Bought by
Jackson Vincent P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,900
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2006
Sold by
Cox Aubrey J and Cox Audrey M
Bought by
Cox Aubrey J and Cox Audrey M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ayre Street Properties Llc -- None Available
Jarrell Jimmy A -- None Available
102 E Ayre Street Llc -- None Available
Bison Inner City Group Llc $37,500 None Available
Blue Rock Properties Llc $11,500 None Available
Jackson Vincent P $299,900 None Available
Cox Aubrey J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jarrell Jimmy A $327,000
Previous Owner Jackson Vincent P $299,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $37,500 -42.3% $9 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $65,000 +465.2% $15 / Sq Ft
07/26/2015 07/26/15 Sold $11,500 0.0% $3 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
07/23/2015 07/23/15 Off Market $11,500 -- --
06/26/2015 06/26/15 Pending -- -- --
06/16/2015 06/16/15 For Sale $54,900 -- $13 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,098 $64,500 $4,600 $59,900
2023 $1,832 $64,500 $4,600 $59,900
2022 $1,901 $64,500 $4,600 $59,900
2021 $1,821 $64,500 $4,600 $59,900
2020 $1,833 $64,500 $4,600 $59,900
2019 $2,522 $64,500 $4,600 $59,900
2018 $252 $64,500 $4,600 $59,900
2017 $1,701 $64,500 $4,600 $59,900
2016 $1,701 $64,500 $4,600 $59,900
2015 -- $64,500 $4,600 $59,900
2014 $1,440 $64,500 $4,600 $59,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002687990

Bright MLS

APN: 20-003.00-070