E
Seller's Agent in 2023
Eric Buckson
Century 21 Harrington Realty, Inc
(302) 943-2832
8 in this area
36 Total Sales
108 S Market St Frederica, DE 19946
Estimated Value: $240,000 - $310,113
--
Bed
4
Baths
2,464
Sq Ft
$114/Sq Ft
Est. Value
Highlights
- Deck
- Electric Baseboard Heater
- Back Yard
- 2 Car Detached Garage
About This Home
As of May 2023Investor alert - a 3-unit apartment building in downtown Frederica, Delaware just minutes from Rt. 1 and the DE Turf. The property has a strong rental history and includes (2) one room units and (1) three-bedroom unit. Currently, all three units combine for a monthly rent income of 2150.00. The current market for this type of unit in Frederica has a rent potential of 2500.00 monthly. The property also includes a working garage and back deck/yard along with ample off-street parking. Currently, the owner pays water and sewer for all units and the tenants pay all remaining utilities. This area of Frederica is transitioning into a highly desirable location for rental opportunities so do not miss out on investing in this up-and-coming area of Kent Cunty Delaware.
Last Agent to Sell the Property
Century 21 Harrington Realty, Inc License #RS0036937 Listed on: 04/14/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $914
Year Built
- Built in 1880
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 60.00 x 153.29
- Back Yard
Parking
- 2 Car Detached Garage
- Front Facing Garage
Home Design
- Triplex
Interior Spaces
- 2,464 Sq Ft Home
- Crawl Space
Outdoor Features
- Deck
- Outbuilding
Utilities
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- 3 Units
- Frederica Subdivision
Listing and Financial Details
- Tax Lot 2600-000
- Assessor Parcel Number SM-08-14107-01-2600-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2023
Closed on
May 5, 2023
Sold by
Ryall David A
Bought by
Pelletier Philip S and Pelletier Lisa
Seller's Agent
Eric Buckson
Century 21 Harrington Realty, Inc
Buyer's Agent
KATIE LANDON
Coldwell Banker Realty
List Price
$249,000
Sold Price
$228,000
Premium/Discount to List
-$21,000
-8.43%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,028
Avg. Annual Appreciation
9.52%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pelletier Philip S | $228,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2023 05/05/23 | Sold | $228,000 | -8.4% | $93 / Sq Ft |
| 04/16/2023 04/16/23 | Pending | -- | -- | -- |
| 04/14/2023 04/14/23 | For Sale | $249,000 | -- | $101 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $906 | $252,600 | $52,700 | $199,900 |
| 2023 | $666 | $28,300 | $5,000 | $23,300 |
| 2022 | $625 | $28,300 | $5,000 | $23,300 |
| 2021 | $596 | $28,500 | $5,000 | $23,500 |
| 2020 | $621 | $28,500 | $5,000 | $23,500 |
| 2019 | $622 | $28,500 | $5,000 | $23,500 |
| 2018 | $615 | $28,500 | $5,000 | $23,500 |
| 2017 | $639 | $28,500 | $0 | $0 |
| 2016 | $587 | $28,500 | $0 | $0 |
| 2015 | $578 | $28,500 | $0 | $0 |
| 2014 | $1,109 | $28,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Buckson
-
KATIE LANDON
Buyer's Agent in 2023
KATIE LANDON
Coldwell Banker Realty
(302) 236-5738
1 in this area
73 Total Sales
Map
Source: Bright MLS
MLS Number: DEKT2018440
APN: 8-08-14107-01-2600-000
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