NOT LISTED FOR SALE

15 Baylis St New Castle, DE 19720

Estimated Value: $267,000 - $297,000

-- Bed
2 Baths
1,950 Sq Ft
$145/Sq Ft Est. Value

Last Sold March 14, 2016

Last sale price $111,550 $57 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,653/month

Highlights

  • No HOA
  • Central Air
  • Back Up Electric Heat Pump System
  • En-Suite Primary Bedroom

About This Home

As of March 2016

R-8460 Great investment opportunity in a development with good rental history. 2 Units, downstairs rents for $850 and upstairs rents for $800. SOLD AS/IS. Short sale is subject to third-party lender (Nationstar & Greentree) approval.

Last Agent to Sell the Property

Sylvia Pankonien

(302) 284-7070 sylvia@sylviasellsproperties.com RE/MAX Horizons License #RS-018159 Listed on: 10/02/2014

RE/MAX Horizons

Last Buyer's Agent

David Landon

(302) 218-8473 davelandon@gmail.com Patterson-Schwartz-Newark License #521092

Patterson-Schwartz-Newark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,569

Year Built

  • Built in 1985

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x118

Parking

  • 2 Open Parking Spaces

Home Design

  • 1,950 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 338
  • Assessor Parcel Number 10-029.40-338

Community Details

Overview

  • No Home Owners Association
  • Hampton Green Subdivision

Building Details

  • Operating Expense $1,548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,569

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1985
  • Remarks Public: R-8460 Great investment opportunity in a development with good rental history. 2 Units, downstairs rents for $850 and upstairs rents for $800. SOLD AS/IS. Short sale is subject to third-party lender (Nationstar & Greentree) approval.
  • Special Features: 4108

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 69.18
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: COLONIAL
  • School District Key: 300200396891

Lot Info

  • Improvement Assessed Value: 51600.00
  • Land Assessed Value: 8500.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40X118
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Zoning: NCTH

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2319617
  • Tax Annual Amount: 1569.00
  • Assessor Parcel Number: 10-029.40-338
  • Tax Lot: 338
  • Tax Year: 2015
  • Close Date: 03/14/2016

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2014
Closed on
Mar 30, 2016
Sold by
Pandit Sonali Mohan and Pandit Mohan P
Bought by
O4m Holdings Llc
Seller's Agent
Sylvia Pankonien
RE/MAX Horizons
Buyer's Agent
David Landon
Patterson-Schwartz-Newark
List Price
$134,900
Sold Price
$111,550
Premium/Discount to List
-$23,350
-17.31%
Current Estimated Value
$282,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,450
Avg. Annual Appreciation
10.11%
Original Mortgage
$381,000
Outstanding Balance
$302,283
Interest Rate
3.64%
Mortgage Type
Commercial
Estimated Equity
-$20,283

Purchase Details

Listed on
Oct 2, 2014
Closed on
Mar 14, 2016
Sold by
Whittington Joseph and Whittington Deborah
Bought by
Pandit Sonali
Seller's Agent
Sylvia Pankonien
RE/MAX Horizons
Buyer's Agent
David Landon
Patterson-Schwartz-Newark
List Price
$134,900
Sold Price
$111,550
Premium/Discount to List
-$23,350
-17.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Outstanding Balance
$302,283
Interest Rate
3.64%
Mortgage Type
Commercial
Estimated Equity
-$20,283

Purchase Details

Closed on
Feb 28, 2007
Sold by
Chilson William R
Bought by
Whittington Joseph and Whittington Deborah

Purchase Details

Closed on
May 14, 2002
Sold by
Bopper Enterprises
Bought by
Chilson William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
7.15%
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
O4m Holdings Llc $130,000 Attorney
Pandit Mohan P -- None Available
Pandit Sonali $111,550 Attorney
Whittington Joseph $179,900 None Available
Chilson William R $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pandit Mohan P $381,000
Closed O4m Holdings Llc $381,000
Previous Owner Chilson William R $82,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2016 03/14/16 Sold $111,550 -17.3% $57 / Sq Ft
08/12/2015 08/12/15 Pending -- -- --
10/02/2014 10/02/14 For Sale $134,900 -- $69 / 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 $2,086 $60,100 $8,500 $51,600
2023 $1,900 $60,100 $8,500 $51,600
2022 $1,976 $60,100 $8,500 $51,600
2021 $1,974 $60,100 $8,500 $51,600
2020 $1,981 $60,100 $8,500 $51,600
2019 $2,492 $60,100 $8,500 $51,600
2018 $1,949 $60,100 $8,500 $51,600
2017 $1,825 $60,100 $8,500 $51,600
2016 $1,627 $60,100 $8,500 $51,600
2015 $1,629 $60,100 $8,500 $51,600
2014 $1,632 $60,100 $8,500 $51,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003105436

Bright MLS

APN: 10-029.40-338