Seller's Agent in 2017
Rob Stigler
Crown Homes Real Estate
(302) 290-2237
8 in this area
75 Total Sales
102 Lore Ave Wilmington, DE 19809
Studio
--
Bath
4,091
Sq Ft
0.3
Acres
Highlights
- Wood Flooring
- No HOA
- Parking Storage or Cabinetry
- Pierre S. Dupont Middle School Rated A-
- 1 Car Detached Garage
- Radiator
About This Home
As of May 2017Incredible opportunity to own a 5 unit income property near the popular and historic town of Bellefonte! This solid brick, 3 story building sits an a large well manicured property with a detached garage. Each unit features 1 bedroom, 1 bathroom, a living room, and a kitchen. Hardwood floors throughout, off street parking, and a convenient location make this a great investment opportunity. Building needs some TLC to bring it back to it's glory. Potential annual income of $42,900 if all units rented at $700/month and garage rented at $75/month. Expenses disclosed are based on actual figures from 2014 and 2015 when 3 units were occupied the majority of the time, with an additional $1000 added to 'other expenses' to account for the additional electricity and water that would be used if all units were occupied. ('Other expenses' include: $306 for trash/recycle; $1,091 for grass cutting; $1,000 for estimated additional gas/electric/water if all units were occupied). Current utility setup is 1 heater/thermostat and 1 electric meter for entire building. Buyer to confirm all financial figures before proceeding.
Last Agent to Sell the Property
(302) 295-9430 robstigler@gmail.com Crown Homes Real Estate Listed on: 12/20/2016
Last Buyer's Agent
(302) 295-9430 robstigler@gmail.com Crown Homes Real Estate Listed on: 12/20/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,143
Year Built
- Built in 1930
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 87x180
- Property is in below average condition
Parking
- 1 Car Detached Garage
- 5 Open Parking Spaces
- Parking Storage or Cabinetry
- Driveway
Home Design
- Brick Exterior Construction
- Pitched Roof
- Shingle Roof
Interior Spaces
- 4,091 Sq Ft Home
- Wood Flooring
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Basement Storage
Schools
- Mount Pleasant Elementary School
- Dupont Middle School
- Mount Pleasant High School
Utilities
- Radiator
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 301
- Assessor Parcel Number 06-139.00-301
Community Details
Overview
- No Home Owners Association
- Hillcrest Subdivision
Building Details
- Electric Expense $4,416
- Insurance Expense $1,512
- Other Expense $2,397
- Operating Expense $11,112
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2017 05/31/17 | Sold | $250,000 | -16.6% | $61 / Sq Ft |
| 04/02/2017 04/02/17 | Pending | -- | -- | -- |
| 03/20/2017 03/20/17 | Price Changed | $299,900 | -14.3% | $73 / Sq Ft |
| 12/20/2016 12/20/16 | For Sale | $349,900 | -- | $86 / Sq Ft |
Source: Bright MLS
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 | $3,295 | $84,400 | $35,900 | $48,500 |
| 2023 | $3,053 | $84,400 | $35,900 | $48,500 |
| 2022 | $3,054 | $84,400 | $35,900 | $48,500 |
| 2021 | $3,053 | $84,400 | $35,900 | $48,500 |
| 2020 | $3,052 | $84,400 | $35,900 | $48,500 |
| 2019 | $3,044 | $84,400 | $35,900 | $48,500 |
| 2018 | $2,920 | $84,400 | $35,900 | $48,500 |
| 2017 | $2,876 | $84,400 | $35,900 | $48,500 |
| 2016 | $2,369 | $84,400 | $35,900 | $48,500 |
| 2015 | -- | $84,400 | $35,900 | $48,500 |
| 2014 | -- | $84,400 | $35,900 | $48,500 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Stigler
Map
Source: Bright MLS
MLS Number: 1003959421
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