$145,000
SOLD DEC 23, 2019
-- Bed
-- Bath
2,050 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

9% Below List Price

Highlights

  • City View
  • Wood Flooring
  • Ceiling Fan
  • Colonial Architecture
  • No HOA
  • 2-minute walk to Kosciuszko Park

About This Home

As of April 2021

Investor Alert! Spacious income-producing duplex located within minutes from the Riverfront Attractions and I-95 on sale! It's such a great price! Schedule your showing now! The property features 1 BR unit on the 1st Floor with access to a large garden and 2 BR unit on 2nd & 3rd floors with an updated deck. The garden and deck are great for family gatherings and very desirable features for occupants. Currently both units are occupied by long-term tenants who care for the property. Each tenant pays their own gas and electric. This property also has a great potential to becoming an owner occupied rental property with the tenant's rent paying for the mortgage and taxes. Kosciuszko Park and public transportation is just a short walk.

Last Agent to Sell the Property

Joseph Pence

(302) 494-0089 joe.pence@foxroach.com BHHS Fox & Roach - Hockessin License #RS301748 Listed on: 09/20/2019

BHHS Fox & Roach - Hockessin

Last Buyer's Agent

Yasmin Bowman

(302) 438-8667 yasmin@bowmanrealestatellc.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0020276

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 26.40 x 101.20
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2,050 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • City Views
  • Electric Oven or Range

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Exterior Lighting

Schools

  • Newark High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, management, real estate taxes, insurance
  • Tax Lot 229
  • Assessor Parcel Number 26-033.40-229

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Bayard Square Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Historic: No
  • Inclusions: Refrigerator, Washer, Dryer, Ceiling Fans
  • New Construction: No
  • Year Built: 1918
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Oven/Range - Electric
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Daylight, Full, Outside Entrance, Walkout Level
  • Total Sq Ft: 2050
  • Living Area Sq Ft: 2050
  • Price Per Sq Ft: 78.05
  • Above Grade Finished Sq Ft: 2050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1401

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Street Lights
  • View: City
  • 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: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 26.40 x 101.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Water, Sewer, Management, Taxes - Real Estate, Insurance
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1267.00
  • Tax Annual Amount: 2281.00
  • Assessor Parcel Number: 26-033.40-229
  • Tax Lot: 229
  • Tax Total Finished Sq Ft: 2050
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 12/23/2019

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2021
Closed on
Apr 16, 2021
Sold by
Lee Leeah G
Bought by
Younger Durand Naheim
Seller's Agent
Yasmin Bowman
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Yasmin Bowman
Berkshire Hathaway HomeServices PenFed Realty
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Current Estimated Value
$326,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,273
Avg. Annual Appreciation
3.37%
Original Mortgage
$10,015
Interest Rate
3.1%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Sep 20, 2019
Closed on
Dec 13, 2019
Sold by
Frank S Brother Llc
Bought by
Lee Leeah G
Seller's Agent
Joseph Pence
BHHS Fox & Roach - Hockessin
Buyer's Agent
Yasmin Bowman
Berkshire Hathaway HomeServices PenFed Realty
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.12%
Original Mortgage
$116,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 1, 2016
Closed on
May 31, 2016
Sold by
Lynch Investment Llc
Bought by
Frank S Brother Llc
Seller's Agent
Donald Odom
EMORY HILL REAL ESTATE SERVICES INC.
Buyer's Agent
Donald Odom
EMORY HILL REAL ESTATE SERVICES INC.
List Price
$155,789
Sold Price
$140,000
Premium/Discount to List
-$15,789
-10.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.99%

Purchase Details

Closed on
Apr 21, 2006
Sold by
Lynch Frank Edmund and Lynch Aline D
Bought by
Lynch Investment Llc

Purchase Details

Closed on
Sep 30, 2005
Sold by
Lynch Investment Llc
Bought by
Lynch Frank Edmund and Lynch Aline D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,700
Interest Rate
6.06%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 27, 2004
Sold by
Mitten Margaret E
Bought by
Lynch Investment Llc

Purchase Details

Closed on
Nov 6, 2003
Sold by
Lloyd Barbara A
Bought by
Mitten Margaret E
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed -- None Available
Deed -- None Available
Deed -- None Available
Deed -- None Available
Deed -- --
Deed $215,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,381 FHA
Previous Owner $116,000 Future Advance Clause Open End Mortgage
Previous Owner $168,700 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $260,000 -1.9% $127 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $265,000 +82.8% $129 / Sq Ft
12/23/2019 12/23/19 Sold $145,000 -9.4% $71 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $160,000 +14.3% $78 / Sq Ft
05/30/2016 05/30/16 Sold $140,000 -10.1% $68 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $155,789 -- $76 / 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 $1,758 $47,700 $6,500 $41,200
2023 $1,714 $47,700 $6,500 $41,200
2022 $1,697 $47,700 $6,500 $41,200
2021 $1,653 $47,700 $6,500 $41,200
2020 $1,605 $47,700 $6,500 $41,200
2019 $2,348 $47,700 $6,500 $41,200
2018 $646 $47,700 $6,500 $41,200
2017 $2,212 $47,700 $6,500 $41,200
2016 $2,212 $47,700 $6,500 $41,200
2015 $2,072 $47,700 $6,500 $41,200
2014 $2,071 $47,700 $6,500 $41,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC487030

Bright MLS

APN: 26-033.40-229