127 E Cleveland Ave Newark, DE 19711
Estimated payment $35,438/month
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,365
Year Built
- Built in 1900
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 15.00 x 141.00
- Property is zoned 18RM
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
- Frame Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,475 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 2 Bedrooms
Basement
- Partial Basement
- Laundry in Basement
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Newark Subdivision
Listing and Financial Details
- Tax Lot 195
- Assessor Parcel Number 18-014.00-195
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,112 | $30,000 | $4,400 | $25,600 |
| 2023 | $1,085 | $30,000 | $4,400 | $25,600 |
| 2022 | $1,073 | $30,000 | $4,400 | $25,600 |
| 2021 | $1,046 | $30,000 | $4,400 | $25,600 |
| 2020 | $1,016 | $30,000 | $4,400 | $25,600 |
| 2019 | $1,044 | $30,000 | $4,400 | $25,600 |
| 2018 | $870 | $30,000 | $4,400 | $25,600 |
| 2017 | $844 | $30,000 | $4,400 | $25,600 |
| 2016 | $841 | $30,000 | $4,400 | $25,600 |
| 2015 | $40 | $30,000 | $4,400 | $25,600 |
| 2014 | $754 | $30,000 | $4,400 | $25,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2024 03/28/24 | For Sale | $6,630,000 | -- | $4,495 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $67,500 | -- |
Source: Bright MLS
MLS Number: DENC2058638
APN: 18-014.00-195
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