NOT LISTED FOR SALE

Estimated Value: $232,000 - $307,053

-- Bed
3 Baths
1,750 Sq Ft
$153/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $129,900 $74 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,583/month

9 Days on Market

Highlights

  • No HOA
  • Dwelling with Rental
  • 4-minute walk to Kruse Playground
  • Electric Baseboard Heater

About This Home

As of June 2019

Great Tri-plex in the downtown business district area. This all brick Twin home features 3 units. Unit 1 is a 2 bedroom unit that has just been painted and had new carpet installed. Nice sized kitchen with a living room and dining room. Unit 2 is a one bedroom unit with full bath and living room. Unit 3 is an efficiency or studio apartment. Unit 1 typically rents for $850-$900/m. Unit 2 is currently rented on a 1 year lease at $650/m. Unit 3 is also rented on a 1 year lease at $550/m. This would make a great turn key rental or live in one unit and rent the others.

Last Agent to Sell the Property

Stephen Mervine

RE/MAX Associates-Hockessin License #RS323368 Listed on: 05/13/2019

RE/MAX Associates-Hockessin

Last Buyer's Agent

Tia Gianakis

Concord Realty Group License #RB-0030949

Concord Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,895

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 18.00 x 116.10
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Dwelling with Rental
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,750 Sq Ft Home
  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water, sewer, common area maintenance, electricity
  • Tax Lot 083
  • Assessor Parcel Number 26-029.30-083

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Vacant Unit
  • Insurance Expense $1,000
  • Maintenance Expense $720
  • Operating Expense $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,895

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Home Warranty: No
  • Inclusions: All existing fixtures and appliances
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Great Tri-plex in the downtown business district area. This all brick Twin home features 3 units. Unit 1 is a 2 bedroom unit that has just been painted and had new carpet installed. Nice sized kitchen with a living room and dining room. Unit 2 is a one bedroom unit with full bath and living room. Unit 3 is an efficiency or studio apartment. Unit 1 typically rents for $850-$900/m. Unit 2 is currently rented on a 1 year lease at $650/m. Unit 3 is also rented on a 1 year lease at $550/m. This would make a great turn key rental or live in one unit and rent the others.
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1750
  • Living Area Sq Ft: 1750
  • Price Per Sq Ft: 74.23
  • Above Grade Finished Sq Ft: 1750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1310

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • 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
  • Cooling Type: Window Unit(s)
  • Monthly Average Electric: 60
  • Previous Twelve Months Electric Expense: 720.00
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 65
  • Water Previous Twelve Months: 780.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 36300.00
  • Land Assessed Value: 3400.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 18.00 x 116.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: 26C-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Water, Sewer, Common Area Maintenance, Electricity
  • Total Actual Rent: 24600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2406502
  • School Tax: 1037.00
  • Tax Annual Amount: 1895.00
  • Assessor Parcel Number: 26-029.30-083
  • Tax Lot: 083
  • Tax Total Finished Sq Ft: 1750
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 06/21/2019

Multi Family

  • Number Of Units Vacant: 1
  • Operating Expense: 800.00
  • Single Room Units Count: 1

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Jun 17, 2019
Sold by
Travis Harrison G and Travis Laura L
Bought by
Symons William D
Seller's Agent
Stephen Mervine
RE/MAX Associates-Hockessin
Buyer's Agent
Tia Gianakis
Concord Realty Group
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$268,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,118
Avg. Annual Appreciation
8.64%
Original Mortgage
$97,425
Outstanding Balance
$86,542
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$130,036

Purchase Details

Closed on
Sep 3, 2003
Sold by
Shelton Peter A
Bought by
Travis Harrison G and Travis Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.02%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Symons William D $129,900 First American Mortgage Sln
Travis Harrison G $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Symons William D $97,425
Previous Owner Travis Harrison G $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $129,900 0.0% $74 / Sq Ft
05/13/2019 05/13/19 For Sale $129,900 -- $74 / 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 $1,463 $39,700 $3,400 $36,300
2023 $1,427 $39,700 $3,400 $36,300
2022 $1,412 $39,700 $3,400 $36,300
2021 $1,376 $39,700 $3,400 $36,300
2020 $1,336 $39,700 $3,400 $36,300
2019 $1,954 $39,700 $3,400 $36,300
2018 $515 $39,700 $3,400 $36,300
2017 $1,841 $39,700 $3,400 $36,300
2016 $1,841 $39,700 $3,400 $36,300
2015 $1,724 $39,700 $3,400 $36,300
2014 $1,724 $39,700 $3,400 $36,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC478180

Bright MLS

APN: 26-029.30-083