NOT LISTED FOR SALE

123 Commonwealth Ave Claymont, DE 19703

Estimated Value: $296,000 - $366,000

-- Bed
2 Baths
2,025 Sq Ft
$163/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $322,500 $159 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,974/month

11 Days on Market

Highlights

  • Craftsman Architecture
  • 1 Fireplace
  • Property is in very good condition
  • Claymont Elementary School Rated A
  • Hot Water Heating System

About This Home

As of June 2023

Please come see this fabulous income multiunit property.

Tenants in place so we have scheduled open houses. They are Thursday 13th 4 to 4:30pm and Saturday the 15th 11am to Noon.

Tenant in upstairs unit is on a lease but willing to take a 60-day notice to vacate.

The owner will be making a decision after the last open house. There have been offers so the owner is asking for highest and best by 5 pm Saturday the 15th.


Completely rehabbed duplex in Claymont available to purchase. New roof in 2019.




Purchase this revenue generating building.

Tenants in place with leases. Revenue producing!

Unit one is a 2-bedroom 1 bath unit on the main floor renting at $1495.00. This lease expires 11/30/2023.

Unit two is up a flight of stairs and had 2 bedrooms one bath in this renovated unit. Unit Two rents at $1195.00 lease expires 11/30/2023.

Washer and dryers in basement. All separate utilities and new roof 2019.

Last Agent to Sell the Property

Grace Mudrick

EMORY HILL REAL ESTATE SERVICES INC. Listed on: 04/05/2023

Last Buyer's Agent

Connor Tuozzolo

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,942

Year Built

  • Built in 1936

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 38.60 x 100.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Craftsman Architecture
  • Brick Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,025 Sq Ft Home
  • 1 Fireplace

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater
  • No Septic System

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 357
  • Assessor Parcel Number 06-084.00-357

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,942

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1936
  • Automatically Close On Close Date: No
  • Remarks Public: Please come see this fabulous income multiunit property. Tenants in place so we have scheduled open houses. They are Thursday 13th 4 to 4:30pm and Saturday the 15th 11am to Noon. Tenant in upstairs unit is on a lease but willing to take a 60-day notice to vacate. The owner will be making a decision after the last open house. There have been offers so the owner is asking for highest and best by 5 pm Saturday the 15th. Completely rehabbed duplex in Claymont available to purchase. New roof in 2019. Purchase this revenue generating building. Tenants in place with leases. Revenue producing! Unit one is a 2-bedroom 1 bath unit on the main floor renting at $1495.00. This lease expires 11/30/2023. Unit two is up a flight of stairs and had 2 bedrooms one bath in this renovated unit. Unit Two rents at $1195.00 lease expires 11/30/2023. Washer and dryers in basement. All separate utilities and new roof 2019.
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2025
  • Living Area Sq Ft: 2025
  • Price Per Sq Ft: 159.26
  • Above Grade Finished Sq Ft: 2025
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 123

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric, Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Schools

  • School District: BRANDYWINE
  • School District Key: 300200396892
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 45100.00
  • Land Assessed Value: 9800.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 38.60 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: NC5
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2236842
  • School Tax: 1489.00
  • Tax Annual Amount: 1942.00
  • Assessor Parcel Number: 06-084.00-357
  • Tax Lot: 357
  • Tax Total Finished Sq Ft: 2025
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/08/2023

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jun 8, 2023
Sold by
Judge Troy
Bought by
Kerley Austin C
Seller's Agent
Grace Mudrick
EMORY HILL REAL ESTATE SERVICES INC.
Buyer's Agent
Connor Tuozzolo
Compass
List Price
$300,000
Sold Price
$322,500
Premium/Discount to List
$22,500
7.5%
Views
128
Current Estimated Value
$330,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,308
Avg. Annual Appreciation
-2.77%
Original Mortgage
$261,800
Outstanding Balance
$254,568
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$48,236

Purchase Details

Listed on
Mar 20, 2021
Closed on
May 7, 2021
Sold by
Hevalow Jonathan David and Rolleston Howard T
Bought by
Judge Troy
Seller's Agent
Carl Frampton
Compass
Buyer's Agent
Marshal Manlove
Real Broker, LLC
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.03%
Original Mortgage
$203,700
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2004
Sold by
Close Alan and Close Joyce
Bought by
Rolleston Howard T and Hevalow Jonathan David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,300
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2002
Sold by
Pratzner Paul L
Bought by
Close Alan and Close Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,625
Interest Rate
6.16%
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
Kerley Austin C -- None Listed On Document
Judge Troy -- None Available
Rolleston Howard T $147,000 --
Close Alan $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerley Austin C $261,800
Previous Owner Judge Troy $203,700
Previous Owner Rolleston Howard T $132,300
Previous Owner Close Alan $74,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $322,500 0.0% $159 / Sq Ft
04/16/2023 04/16/23 Price Changed $322,500 +4.0% $159 / Sq Ft
04/10/2023 04/10/23 Price Changed $310,000 +3.3% $153 / Sq Ft
04/05/2023 04/05/23 For Sale $300,000 +42.9% $148 / Sq Ft
05/14/2021 05/14/21 Sold $210,000 0.0% $104 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $210,000 0.0% $104 / Sq Ft
03/26/2021 03/26/21 For Sale $210,000 -2.3% $104 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/25/2021 03/25/21 Price Changed $215,000 +7.6% $106 / Sq Ft
03/20/2021 03/20/21 For Sale $199,900 -- $99 / 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 $2,096 $54,900 $9,800 $45,100
2023 $1,915 $54,900 $9,800 $45,100
2022 $1,948 $54,900 $9,800 $45,100
2021 $1,947 $54,900 $9,800 $45,100
2020 $1,948 $54,900 $9,800 $45,100
2019 $2,285 $54,900 $9,800 $45,100
2018 $50 $54,900 $9,800 $45,100
2017 $1,832 $54,900 $9,800 $45,100
2016 $1,832 $54,900 $9,800 $45,100
2015 $1,687 $54,900 $9,800 $45,100
2014 $1,685 $54,900 $9,800 $45,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2040470

Bright MLS

APN: 06-084.00-357