$6,630,000

115 1/2 E Cleveland Ave Newark, DE 19711

Estimated payment $35,421/month

Total Views 72,657
2 Beds
1 Bath
1,425 Sq Ft
$4,653 Price per Sq Ft

About This Home

INVESTOR ALERT! Here's a chance to own a portfolio of 10 properties that have performed consistently over 20+ years. This listing is part of a ten-property portfolio diversified across 3 categories: (6) College Rentals in excellent locations, (3) very high yield rooming houses and (1) Government Guaranteed rent, Section 8 housing with approx. 5 year long tenants. With the signed NDA and proof of funds Seller will show the property and give more information.

Listing Agent

Corey Harris

Crown Homes Real Estate License #RS-368137 Listed on: 03/28/2024

Co-Listing Agent

Luis Rosado

Crown Homes Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 15.00 x 141.00

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,425 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Newark Subdivision

Listing and Financial Details

  • Tax Lot 186
  • Assessor Parcel Number 18-014.00-186

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,169

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1900
  • Remarks Public: INVESTOR ALERT! Here's a chance to own a portfolio of 10 properties that have performed consistently over 20+ years. This listing is part of a ten-property portfolio diversified across 3 categories: (6) College Rentals in excellent locations, (3) very high yield rooming houses and (1) Government Guaranteed rent, Section 8 housing with approx. 5 year long tenants. With the signed NDA and proof of funds Seller will show the property and give more information.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1425
  • Living Area Sq Ft: 1425
  • Price Per Sq Ft: 4652.63
  • Above Grade Finished Sq Ft: 1425
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 115

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 15.00 x 141.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2024
  • Zoning: 18RM
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 833.00
  • Tax Annual Amount: 1169.00
  • Assessor Parcel Number: 18-014.00-186
  • Tax Lot: 186
  • Tax Total Finished Sq Ft: 1425
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2024

MLS Schools

  • School District Name: CHRISTINA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $952 $25,700 $4,400 $21,300
2023 $929 $25,700 $4,400 $21,300
2022 $919 $25,700 $4,400 $21,300
2021 $896 $25,700 $4,400 $21,300
2020 $870 $25,700 $4,400 $21,300
2019 $895 $25,700 $4,400 $21,300
2018 $745 $25,700 $4,400 $21,300
2017 $723 $25,700 $4,400 $21,300
2016 $721 $25,700 $4,400 $21,300
2015 -- $25,700 $4,400 $21,300
2014 $646 $25,700 $4,400 $21,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 For Sale $6,630,000 -- $4,653 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $181,066 None Available
Source: Public Records

Source: Bright MLS

MLS Number: DENC2058630

Bright MLS

APN: 18-014.00-186