NOT LISTED FOR SALE

124 W Commerce St Smyrna, DE 19977

Estimated Value: $283,000 - $473,000

4 Beds
3 Baths
2,228 Sq Ft
$173/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $410,000 $184 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,166/month

114 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Central Heating and Cooling System
  • Attic
  • Den
  • Property is in excellent condition

About This Home

As of December 2022

This spacious Victorian home in the Smyrna Historic District has been brought back to its former glory with a modern taste! It has 2228 sq ft and 4 BR/3 BA, Laundry room and a spacious office on main floor. Completely remodeled home and ready to move in! New roof, new windows, also historic windows were cleaned and restored to their amazing glory, new doors, new light fixtures and hardware, Plumbing, Central AC, New flooring, New electrical wiring, New Insulation. The kitchen is a complete remodel with upgraded kitchen cabinets & countertops & all new stainless steel appliances. Seller is very motivated! Bring any offer!

Last Agent to Sell the Property

Laura Mendez

(302) 241-8404 lauramendezrealtor@outlook.com The Parker Group License #0026158 Listed on: 08/14/2022

Last Buyer's Agent

Matt Fish

(302) 409-0084 mattfish@kw.com Keller Williams Realty Wilmington

Keller Williams Realty Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $780

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R3

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,228 Sq Ft Home
  • Property has 2 Levels
  • Den
  • Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Central Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Smyrna Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1 17 01017 02 1800 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$780

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2022-08-15
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This spacious Victorian home in the Smyrna Historic District has been brought back to its former glory with a modern taste! It has 2228 sq ft and 4 BR/3 BA, Laundry room and a spacious office on main floor. Completely remodeled home and ready to move in! New roof, new windows, also historic windows were cleaned and restored to their amazing glory, new doors, new light fixtures and hardware, Plumbing, Central AC, New flooring, New electrical wiring, New Insulation. The kitchen is a complete remodel with upgraded kitchen cabinets & countertops & all new stainless steel appliances. Seller is very motivated! Bring any offer!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Basement, Office, Attic
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2228
  • Living Area Sq Ft: 2228
  • Price Per Sq Ft: 190.98
  • Above Grade Finished Sq Ft: 2228
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 124

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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: SMYRNA
  • School District Key: 300200396884
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 639.59
  • Tax Annual Amount: 780.32
  • Assessor Parcel Number: 1 17 01017 02 1800 000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/30/2022

MLS Schools

  • School District Name: SMYRNA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2022
Closed on
Dec 30, 2022
Sold by
Drywall Masters Llc
Bought by
Salgado-Oyola Jasiel A and Salgado Katherine
Seller's Agent
Laura Mendez
The Parker Group
Buyer's Agent
Matt Fish
Keller Williams Realty Wilmington
List Price
$425,499
Sold Price
$410,000
Premium/Discount to List
-$15,499
-3.64%
Views
96
Current Estimated Value
$386,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,805
Avg. Annual Appreciation
-2.13%
Original Mortgage
$369,000
Outstanding Balance
$357,608
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$28,587

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 9, 2021
Sold by
U S Bank National Association
Bought by
Drywall Master Llc
Seller's Agent
Mark Levering
Patterson-Schwartz-Dover
Buyer's Agent
Laura Mendez
The Parker Group
List Price
$96,900
Sold Price
$132,000
Premium/Discount to List
$35,100
36.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.34%

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jun 25, 2021
Sold by
Sheriff Of Kent County
Bought by
Us Bank National Association and Chevy Chase Funding Llc
Seller's Agent
Mark Levering
Patterson-Schwartz-Dover
Buyer's Agent
Laura Mendez
The Parker Group
List Price
$96,900
Sold Price
$132,000
Premium/Discount to List
$35,100
36.22%

Purchase Details

Closed on
Dec 9, 2005
Sold by
Conover Garrett M and Conover Lisa N
Bought by
Johnson Richard E and Mcminn Lola M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,905
Interest Rate
7.46%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Salgado-Oyola Jasiel A $410,000 --
Drywall Master Llc $132,000 None Available
Us Bank National Association $200,938 Stern & Eisenberg Mid-Atlantic
Johnson Richard E $6,597 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salgado-Oyola Jasiel A $369,000
Previous Owner Johnson Richard E $208,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $410,000 -3.6% $184 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $425,499 +3.8% $191 / Sq Ft
11/30/2022 11/30/22 Off Market $410,000 -- --
11/28/2022 11/28/22 Price Changed $425,499 -2.4% $191 / Sq Ft
10/19/2022 10/19/22 Price Changed $435,999 -3.1% $196 / Sq Ft
08/14/2022 08/14/22 For Sale $450,000 +240.9% $202 / Sq Ft
07/16/2021 07/16/21 Sold $132,000 0.0% $48 / Sq Ft View Prior Sale
06/18/2021 06/18/21 Pending -- -- --
06/16/2021 06/16/21 Off Market $132,000 -- --
06/08/2021 06/08/21 For Sale $96,900 -- $35 / 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
2025 $1,332 $315,600 $49,600 $266,000
2024 $1,332 $315,600 $49,600 $266,000
2023 $707 $26,600 $4,200 $22,400
2022 $780 $30,800 $4,200 $26,600
2021 $765 $30,800 $4,200 $26,600
2020 $668 $30,800 $4,200 $26,600
2019 $675 $30,800 $4,200 $26,600
2018 $675 $30,800 $4,200 $26,600
2017 $673 $30,800 $0 $0
2016 $682 $30,800 $0 $0
2015 $685 $30,800 $0 $0
2014 $641 $30,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2013314

Bright MLS

APN: 1-17-01017-02-1800-000