NOT LISTED FOR SALE

Estimated Value: $208,000 - $295,000

-- Bed
1 Bath
1,424 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $155,000 $109 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,473/month

47 Days on Market

About This Home

As of August 2022

Investor alert! Nice two unit property for sale in the Caesar Rodney School District. Both units are 2 bedroom with 1 bath each. The tenant in the upstairs unit pays $945 per month and the lease started in September of 2021. The downstairs unit pays $600 per month on month to month lease and has been there about 20 years. There are separate electric meters and the tenants pay all utilities. Owners only expense are Taxes and Insurance. Close to schools, shopping and DAFB. Both units are currently rented.

Last Agent to Sell the Property

ROGER MOORE

Bryan Realty Group Listed on: 05/23/2022

Last Buyer's Agent

Shawna Kirlin

NextHome Preferred License #RS-0022940

NextHome Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $399

Year Built

  • Built in 1900

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 180.00

Home Design

  • 1,424 Sq Ft Home
  • Brick Foundation
  • Frame Construction
  • Metal Roof

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Well
  • Electric Water Heater
  • Gravity Septic Field

Listing and Financial Details

  • Tax Lot 2200-000
  • Assessor Parcel Number NM-00-09518-01-2200-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$399

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Home Warranty: No
  • Inclusions: All Appliances
  • New Construction: No
  • Expected On Market: 2022-05-27
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Investor alert! Nice two unit property for sale in the Caesar Rodney School District. Both units are 2 bedroom with 1 bath each. The tenant in the upstairs unit pays $945 per month and the lease started in September of 2021. The downstairs unit pays $600 per month on month to month lease and has been there about 20 years. There are separate electric meters and the tenants pay all utilities. Owners only expense are Taxes and Insurance. Close to schools, shopping and DAFB. Both units are currently rented.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: No
  • Total Sq Ft: 1424
  • Living Area Sq Ft: 1424
  • Price Per Sq Ft: 119.38
  • Above Grade Finished Sq Ft: 1424
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1381

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Metal
  • 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, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Schools

  • School District: CAESAR RODNEY
  • School District Key: 300200396889
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 11900.00
  • Land Assessed Value: 4000.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 50.00 x 180.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Year Assessed: 2021
  • Zoning: RS1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2463344
  • School Tax: 343.00
  • Tax Annual Amount: 399.00
  • Assessor Parcel Number: NM-00-09518-01-2200-000
  • Tax Lot: 2200-000
  • Tax Total Finished Sq Ft: 1424
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/04/2022

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Aug 4, 2022
Sold by
Mehrtens Thomas R
Bought by
Rivera Property Group Llc
Seller's Agent
ROGER MOORE
Bryan Realty Group
Buyer's Agent
Shawna Kirlin
NextHome Preferred
List Price
$180,000
Sold Price
$155,000
Premium/Discount to List
-$25,000
-13.89%
Current Estimated Value
$253,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,945
Avg. Annual Appreciation
16.31%
Original Mortgage
$160,000
Interest Rate
5.81%
Mortgage Type
Construction
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
Rivera Property Group Llc $155,000 Hudson Jones Jaywork & Fisher
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Property Group Llc $171,500
Closed Rivera Property Group Llc $160,000
Previous Owner Mehrtens Thomas R $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $155,000 0.0% $109 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
07/09/2022 07/09/22 Off Market $155,000 -- --
07/08/2022 07/08/22 Price Changed $170,000 -5.6% $119 / Sq Ft
05/23/2022 05/23/22 For Sale $180,000 -- $126 / 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 $1,062 $268,700 $86,700 $182,000
2023 $427 $16,900 $4,000 $12,900
2022 $427 $16,900 $4,000 $12,900
2021 $424 $16,900 $4,000 $12,900
2020 $417 $16,900 $4,000 $12,900
2019 $401 $16,900 $4,000 $12,900
2018 $388 $16,900 $4,000 $12,900
2017 $377 $16,900 $0 $0
2016 $370 $16,900 $0 $0
2015 $313 $16,900 $0 $0
2014 $312 $16,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2010752

Bright MLS

APN: 7-00-09518-01-2200-000