NOT LISTED FOR SALE

12 Walkers Alley Middletown, DE 19709

Estimated Value: $112,000 - $149,000

-- Bed
1 Bath
650 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $100,000 $154 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $771/month

5 Days on Market

Highlights

  • Rambler Architecture
  • More Than Two Accessible Exits
  • Carpet
  • Silver Lake Elementary School Rated A-
  • 90% Forced Air Heating and Cooling System

About This Home

As of May 2023

*****Amazing investment opportunity in the heart of Middletown, in the very sought out Appoquinimink School District. This is a duplex. The listing price is for both units, 10 and 12 Walker Aly. The layout of the units is identical. Living room, dining room, kitchen, two bedrooms and one bathroom. The property sits on a very nice size lot. Both units are occupied by long term tenants. Both tenants have been given sixty day notice. Don't miss your opportunity to own your very own multi unit in Middletown at a steal price. You can live in one and rent out the other if you choose. ***Property to be sold "As Is*.

Last Agent to Sell the Property

Marsela Leonard

(302) 339-2375 m.leonard@kw.com Real Broker LLC License #RS0025471 Listed on: 03/06/2023

Last Buyer's Agent

Lauren Janes

(302) 234-5277 lauren.janes@compass.com Compass License #5016145

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $567

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 40.00 x 75.00
  • Property is in average condition

Home Design

  • 650 Sq Ft Home
  • Duplex
  • Rambler Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Parking

  • Driveway
  • Off-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Silver Lake Elementary School
  • Louis L. Redding Middle School
  • Appoquinimink High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 1-Story Building

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 23-006.00-136

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$567

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: tenant's personal property
  • Inclusions: stove
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: *****Amazing investment opportunity in the heart of Middletown, in the very sought out Appoquinimink School District. This is a duplex. The listing price is for both units, 10 and 12 Walker Aly. The layout of the units is identical. Living room, dining room, kitchen, two bedrooms and one bathroom. The property sits on a very nice size lot. Both units are occupied by long term tenants. Both tenants have been given sixty day notice. Don't miss your opportunity to own your very own multi unit in Middletown at a steal price. You can live in one and rent out the other if you choose. ***Property to be sold "As Is*.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Total Sq Ft: 650
  • Living Area Sq Ft: 650
  • Price Per Sq Ft: 153.85
  • Above Grade Finished Sq Ft: 650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Fiber Optic, Cable

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: APPOQUINIMINK
  • Elementary School: SILVER LAKE
  • Middle School: LOUIS L. REDDING
  • High School: APPOQUINIMINK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396893
  • School District Source: Listing Agent
  • Elementary School: SILVER LAKE
  • High School: APPOQUINIMINK
  • Middle Or Junior School: LOUIS L. REDDING

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 12700.00
  • Land Assessed Value: 4100.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 40.00 x 75.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: 23R-2
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2382610
  • School Tax: 463.00
  • Tax Annual Amount: 567.00
  • Assessor Parcel Number: 23-006.00-136
  • Tax Lot: 136
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/05/2023

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
May 5, 2023
Sold by
Waters Michael
Bought by
Alqahhaar-Lonon Wissaam and Allison Andrew
Seller's Agent
Marsela Leonard
Real Broker LLC
Buyer's Agent
Lauren Janes
Compass
List Price
$230,000
Sold Price
$100,000
Premium/Discount to List
-$130,000
-56.52%
Views
100
Current Estimated Value
$135,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,664
Avg. Annual Appreciation
13.49%
Original Mortgage
$75,000
Outstanding Balance
$72,888
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$62,776
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
Alqahhaar-Lonon Wissaam -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alqahhaar-Lonon Wissaam $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $100,000 0.0% $154 / Sq Ft
04/12/2023 04/12/23 Price Changed $100,000 -56.5% $154 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $230,000 -- $354 / 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 $619 $16,800 $4,100 $12,700
2023 $50 $16,800 $4,100 $12,700
2022 $517 $16,800 $4,100 $12,700
2021 $505 $16,800 $4,100 $12,700
2020 $499 $16,800 $4,100 $12,700
2019 $50 $16,800 $4,100 $12,700
2018 $443 $16,800 $4,100 $12,700
2017 $426 $16,800 $4,100 $12,700
2016 $383 $16,800 $4,100 $12,700
2015 $50 $16,800 $4,100 $12,700
2014 $50 $16,800 $4,100 $12,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2039128

Bright MLS

APN: 23-006.00-136