NOT LISTED FOR SALE

12 Baylis St New Castle, DE 19720

Estimated Value: $209,252 - $304,000

-- Bed
2 Baths
1,950 Sq Ft
$138/Sq Ft Est. Value

Last Sold January 26, 2012

Last sale price $102,000 $52 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,587/month

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wall to Wall Carpet
  • En-Suite Primary Bedroom

About This Home

As of January 2012

Short Sale Opportunity! First time home buyers set your financial future in line, live in one half - rent the other and begin your real estate invesment dream. This duplex has two, two bedroom one bath units. One unit is currently occupied the other is vacant and move in ready. Agents call your investors today, do not wait on this one! Tremendous positive cash flow opportunity with this Duplex that is in good condition. HVAC systems in each unit have been updated and the properties are clean and ready to go. Super Value! "Listing price is not sufficient to cover all encumbrances, closing costs or other seller charges. Sale of property at full listing price is conditioned upon third-party approval. Call for details. With any contract offer, Buyer must include & submit the short sale documents posted on this MLS site & labeled as "Presentation of Offers. "AGENT: All contract offers must name Eddie Riggin of Re/Max of Wilmington on page 7 & 8 of Agreement of Sale as Seller's Agent.

Last Agent to Sell the Property

Travis L. Dorman

(302) 841-3446 travisdormanrealtor@gmail.com RE/MAX Elite Listed on: 08/23/2011

RE/MAX Elite

Last Buyer's Agent

Eddie Riggin

(302) 218-8095 Eddie@RigginGroupRealEstate.com RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,409

Year Built

  • Built in 1985

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 27x110
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,950 Sq Ft Home
  • Wall to Wall Carpet
  • Laundry in unit

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 349
  • Assessor Parcel Number 10-029.40-349

Community Details

Overview

  • No Home Owners Association

Building Details

  • Maintenance Expense $150
  • Other Expense $450
  • Operating Expense $2,009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,409

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Washer (2) Dryer (2) Refrigerator (2)
  • New Construction: No
  • Other Expense: 450.00
  • Year Built: 1985
  • Special Features: 12

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Entry Location: Private
  • Room List: Master Bedroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Has Laundry
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 60.00
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • 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: COLONIAL
  • School District Key: 300200396891

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 27X110
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Good
  • Zoning: NCTH

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 21000.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2319627
  • Tax Annual Amount: 1409.00
  • Assessor Parcel Number: 10-029.40-349
  • Tax Lot: 349
  • Tax Year: 2010
  • Close Date: 01/26/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2024
Sold by
Nec Properties Llc
Bought by
Cozy Corner Properties Llc
Current Estimated Value
$269,417

Purchase Details

Closed on
Apr 19, 2019
Sold by
Smith Donald Richard
Bought by
Nec Properties Llc

Purchase Details

Listed on
Aug 23, 2011
Closed on
Jan 24, 2012
Sold by
Fapohunda Fola and Fapohunda Folahan
Bought by
Smith Donald Richard and Smith Ernestine B
Seller's Agent
Travis L. Dorman
RE/MAX Elite
Buyer's Agent
Eddie Riggin
RE/MAX Elite
List Price
$135,000
Sold Price
$102,000
Premium/Discount to List
-$33,000
-24.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Oct 30, 2006
Sold by
Avant Tony J
Bought by
Fapohunda Fola and Fapohunda Folahan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
8.49%
Mortgage Type
Purchase Money Mortgage
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
Cozy Corner Properties Llc -- None Listed On Document
Nec Properties Llc -- None Available
Smith Donald Richard -- None Available
Smith Donald Richard $102,000 None Available
Fapohunda Fola $176,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fapohunda Fola $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2012 01/26/12 Sold $102,000 -24.4% $52 / Sq Ft
11/08/2011 11/08/11 Pending -- -- --
08/23/2011 08/23/11 For Sale $135,000 -- $69 / 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 $2,083 $60,000 $7,700 $52,300
2023 $1,897 $60,000 $7,700 $52,300
2022 $1,973 $60,000 $7,700 $52,300
2021 $1,971 $60,000 $7,700 $52,300
2020 $1,978 $60,000 $7,700 $52,300
2019 $2,695 $60,000 $7,700 $52,300
2018 $379 $60,000 $7,700 $52,300
2017 $1,624 $60,000 $7,700 $52,300
2016 $1,624 $60,000 $7,700 $52,300
2015 $1,626 $60,000 $7,700 $52,300
2014 $1,629 $60,000 $7,700 $52,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004495172

Bright MLS

APN: 10-029.40-349