M
Seller's Agent in 2019
Moses Nanga
Iron Valley Real Estate at The Beach
(302) 373-8167
4 in this area
53 Total Sales
133 E Lake St Middletown, DE 19709
Estimated Value: $294,000 - $370,000
--
Bed
2
Baths
2,250
Sq Ft
$148/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- No HOA
- Back, Front, and Side Yard
- Silver Lake Elementary School Rated A-
- Porch
- Forced Air Heating System
About This Home
As of December 2019IINCREDIBLE INVESTMENT! Multi-family house located on a cozy street in the popular Appoquinimink School District. Each unit offers two bedrooms and one full bath. Each with a screened front porch and deep shaded back yard space. Separate basement access inside each unit. Washer/dryer hook up. Unit 133 is occupied with a lease ending June 2020. Unit 135 is now vacant. All appliances are included in the sale. All utilities are separated, except the sewer bill. Good rental history and earning potential. Current owner is in the process of locating a new tenant, unless buyer wants to live on one side. Property is currently managed by Bear Property Management, LLC.
Last Agent to Sell the Property
Iron Valley Real Estate at The Beach Listed on: 07/09/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $733
Year Built
- Built in 1920
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 58.50 x 116.00
- Level Lot
- Back, Front, and Side Yard
Parking
- On-Street Parking
Home Design
- Duplex
- Cape Cod Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- Dining Area
- Basement Fills Entire Space Under The House
- Electric Oven or Range
Flooring
- Carpet
- Vinyl
Laundry
- Dryer
- Washer
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Oil Water Heater
- Municipal Trash
- Phone Available
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 053
- Assessor Parcel Number 23-006.00-053
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 25, 2025
Sold by
Primum Vulpes Llc
Bought by
Ali Rajia and Ali Arsalan
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$236,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$95,500
Purchase Details
Listed on
Jul 9, 2019
Closed on
Dec 27, 2019
Sold by
Newell Charles D
Bought by
Primum Vulpes Llc
Seller's Agent
Moses Nanga
Iron Valley Real Estate at The Beach
Buyer's Agent
Michael Wilson
BHHS Fox & Roach-Greenville
List Price
$165,000
Sold Price
$143,000
Premium/Discount to List
-$22,000
-13.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.17%
Purchase Details
Listed on
Jun 14, 2013
Closed on
Oct 24, 2013
Sold by
First Glenn Trust
Bought by
Newell Charles D
Seller's Agent
Laurie Brown
KW Empower
Buyer's Agent
BJ Corey
Century 21 Emerald
List Price
$119,500
Sold Price
$90,000
Premium/Discount to List
-$29,500
-24.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$67,500
Interest Rate
4.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2013
Sold by
Keating John J
Bought by
First Glenn Trust
Purchase Details
Closed on
Sep 14, 2007
Sold by
Hojnicki Michael W and Tulowitzki Kristina D
Bought by
Keating John J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 15, 2003
Sold by
Robinson Diedre G
Bought by
Hojnicki Michael W and Tulowitzki George R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ali Rajia | $295,000 | None Listed On Document | |
| Primum Vulpes Llc | -- | None Available | |
| Newell Charles D | $90,000 | None Available | |
| First Glenn Trust | $97,600 | None Available | |
| Keating John J | $122,000 | None Available | |
| Hojnicki Michael W | $56,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ali Rajia | $236,000 | |
| Previous Owner | Primum Vulpes Llc | $159,250 | |
| Previous Owner | Newell Charles D | $67,500 | |
| Previous Owner | Keating John J | $97,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2019 12/27/19 | Sold | $143,000 | -13.3% | $64 / Sq Ft |
| 11/30/2019 11/30/19 | Pending | -- | -- | -- |
| 07/09/2019 07/09/19 | For Sale | $165,000 | +83.3% | $73 / Sq Ft |
| 10/25/2013 10/25/13 | Sold | $90,000 | +0.2% | $40 / Sq Ft |
| 09/16/2013 09/16/13 | Pending | -- | -- | -- |
| 09/10/2013 09/10/13 | Price Changed | $89,800 | -10.1% | $40 / Sq Ft |
| 08/21/2013 08/21/13 | Price Changed | $99,900 | -9.1% | $44 / Sq Ft |
| 07/31/2013 07/31/13 | Price Changed | $109,900 | -8.0% | $49 / Sq Ft |
| 06/14/2013 06/14/13 | For Sale | $119,500 | -- | $53 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $998 | $27,100 | $5,800 | $21,300 |
| 2023 | $835 | $27,100 | $5,800 | $21,300 |
| 2022 | $833 | $27,100 | $5,800 | $21,300 |
| 2021 | $815 | $27,100 | $5,800 | $21,300 |
| 2020 | $0 | $24,800 | $5,800 | $19,000 |
| 2019 | $757 | $24,800 | $5,800 | $19,000 |
| 2018 | $654 | $24,800 | $5,800 | $19,000 |
| 2017 | $74 | $24,800 | $5,800 | $19,000 |
| 2016 | $640 | $24,800 | $5,800 | $19,000 |
| 2015 | $621 | $24,800 | $5,800 | $19,000 |
| 2014 | $620 | $24,800 | $5,800 | $19,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Michael Wilson
BHHS Fox & Roach
(302) 521-6307
10 in this area
268 Total Sales
-
L
Seller's Agent in 2013
Laurie Brown
KW Empower
(302) 354-2080
2 in this area
54 Total Sales
-
Buyer's Agent in 2013
BJ Corey
Century 21 Emerald
(302) 382-9851
74 Total Sales
Map
Source: Bright MLS
MLS Number: DENC482540
APN: 23-006.00-053
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