$44,000
SOLD MAR 4, 2019
1 Bed
1 Bath
-- Sq Ft
3,920 Sq Ft Lot

Recently Sold

5 Days on Market

Highlights

  • No HOA
  • 6 Car Detached Garage
  • 4-minute walk to Kosciuszko Park

About This Home

As of May 2022

INVESTOR ALERT! Looking for a low maintenance, high return with minimal tenant issues? Try adding some almost passive income to your portfolio. Check out this great opportunity to own a parking lot with 6 rentable garages. Each garage rents for 100 per month in the popular community of Hedgeville with parks and schools nearby. Cinder brick construction, newer doors, easy access to Maple, Linden, and Broom Streets. Not interested in renting them out, no problem, how about personal storage or off street parking centrally located in the city. Also for sale nearby is adjacent house at 1411 Maple (MLS DENC317256) and the spare land parcel behind the garage at 409-13 Broom (MLS DENC317590). Get a package deal if you buy all 3. Check them out today!Garage 18.5ft by 9.5ft Door 8ft by 6.5ft

Last Agent to Sell the Property

Ken Van Every

(302) 319-3196 k.van.every@kw.com Keller Williams Realty Wilmington License #RS0022242 Listed on: 01/17/2019

Keller Williams Realty Wilmington

Last Buyer's Agent

Matt Fish

(302) 409-0084 mattfish@kw.com Keller Williams Realty Wilmington

Keller Williams Realty Wilmington

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $620

Lot Details

  • 3,920 Sq Ft Lot
  • Property is in good condition
  • Property is zoned 26R-3

Parking

  • 6 Car Detached Garage
  • Front Facing Garage

Home Design

  • Garage Structure
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Stubbs Elementary School
  • Bayard Middle School
  • Newark High School

Additional Features

  • Property has 1 Level
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Hedgeville Subdivision

Listing and Financial Details

  • Tax Lot 242
  • Assessor Parcel Number 26-033.40-242

Property Details

Property Type

Other

Est. Annual Taxes

$620

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Structure Type: Garage/Parking Space
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Remarks Public: INVESTOR ALERT! Looking for a low maintenance, high return with minimal tenant issues? Try adding some almost passive income to your portfolio. Check out this great opportunity to own a parking lot with 6 rentable garages. Each garage rents for 100 per month in the popular community of Hedgeville with parks and schools nearby. Cinder brick construction, newer doors, easy access to Maple, Linden, and Broom Streets. Not interested in renting them out, no problem, how about personal storage or off street parking centrally located in the city. Also for sale nearby is adjacent house at 1411 Maple (MLS DENC317256) and the spare land parcel behind the garage at 409-13 Broom (MLS DENC317590). Get a package deal if you buy all 3. Check them out today!Garage 18.5ft by 9.5ft Door 8ft by 6.5ft
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1409

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • Elementary School: STUBBS
  • Middle School: BAYARD
  • High School: NEWARK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • Elementary School: STUBBS
  • High School: NEWARK
  • Middle Or Junior School: BAYARD

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Property Condition: Good
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 340.00
  • Tax Annual Amount: 620.00
  • Assessor Parcel Number: 26-033.40-242
  • Tax Lot: 242
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/04/2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 16, 2022
Sold by
Demand Properties Llc
Bought by
Best Place United States Limited Partnership
Seller's Agent
David Iliff
Patterson-Schwartz-Hockessin
Buyer's Agent
Bert Root
Compass
List Price
$89,900
Sold Price
$88,000
Premium/Discount to List
-$1,900
-2.11%
Current Estimated Value
$134,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,500
Avg. Annual Appreciation
18.68%

Purchase Details

Listed on
Jan 17, 2019
Closed on
Mar 4, 2019
Sold by
Smith Cynthia E and Vuolo Diana L
Bought by
Demand Properties Llc
Seller's Agent
Ken Van Every
Keller Williams Realty Wilmington
Buyer's Agent
Matt Fish
Keller Williams Realty Wilmington
List Price
$44,000
Sold Price
$44,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.19%
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 $100,000 None Listed On Document
Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2022 05/15/22 Sold $88,000 -2.1% --
04/03/2022 04/03/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $89,900 +104.3% --
03/04/2019 03/04/19 Sold $44,000 0.0% --
01/22/2019 01/22/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $44,000 -- --
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 $479 $13,000 $6,900 $6,100
2023 $467 $13,000 $6,900 $6,100
2022 $462 $13,000 $6,900 $6,100
2021 $451 $13,000 $6,900 $6,100
2020 $438 $13,000 $6,900 $6,100
2019 $640 $13,000 $6,900 $6,100
2018 $415 $13,000 $6,900 $6,100
2017 $241 $13,000 $6,900 $6,100
2016 $241 $13,000 $6,900 $6,100
2015 $241 $13,000 $6,900 $6,100
2014 $241 $13,000 $6,900 $6,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC317584

Bright MLS

APN: 26-033.40-242