NOT LISTED FOR SALE

Estimated Value: $73,860

-- Bed
-- Bath
4,362 Sq Ft
$17/Sq Ft Est. Value

Last Sold August 17, 2012

Last sale price $15,000 $3 Per Sq Ft

Est. 392% increase in value since last sale

Current estimated payment $472/month

48 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • 1-minute walk to 4th & Rodney Streets Tot Lot
  • Dupont (H.B.) Middle School Rated A
  • Radiator

About This Home

As of August 2012

This property was legally a storefront with 3 apartments. It has been condemned by the City of Wilmington. Any use would need to be approved by the City. Seller will not sell subject to any use. Building being sold "as-is".

Last Listed By

Craig Meszaros

Patterson-Schwartz - Greenville Listed on: 05/30/2012

Patterson-Schwartz - Greenville

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 16x90

Parking

  • On-Street Parking

Home Design

  • Fixer Upper
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 4,362 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Utilities

  • Radiator
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $939

Listing and Financial Details

  • Assessor Parcel Number 2602730160

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Store/Office
  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Total Sq Ft: 4362
  • Living Area Sq Ft: 4362
  • Price Per Sq Ft: 6.88
  • Above Grade Finished Sq Ft: 4362
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Electric, Radiator
  • 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: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 18600.00
  • Land Assessed Value: 5200.00
  • Lot Dimensions: 16X90
  • Lot Size Units: Square Feet
  • Property Condition: Fixer
  • Zoning: 26C1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2403914
  • Tax Annual Amount: 939.00
  • Assessor Parcel Number: 2602730160
  • Tax Year: 2011
  • Close Date: 08/17/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2019
Sold by
R & S Inc
Bought by
Abaleale Properties Llc
Total Days on Market
48
Current Estimated Value
$73,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Outstanding Balance
$213,110
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2018
Sold by
Linnco Holding Co
Bought by
Ba Alassane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2012
Closed on
Aug 17, 2012
Sold by
2020 Properties Llc
Bought by
Talasim Llc
Seller's Agent
Craig Meszaros
Patterson-Schwartz - Greenville
Buyer's Agent
Wendell Moore
Brokers Realty Group, LLC
List Price
$30,000
Sold Price
$15,000
Premium/Discount to List
-$15,000
-50%

Purchase Details

Closed on
Oct 21, 2011
Sold by
Rad Holdings Llc
Bought by
2020 Properties Llc

Purchase Details

Closed on
Oct 5, 2007
Sold by
Cyntellex Llc Series 12
Bought by
Rad Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2007
Sold by
Cyntellex Llc
Bought by
Cyntellex Llc Series 12

Purchase Details

Closed on
Sep 28, 2005
Sold by
Delamore Equity Llc
Bought by
Cyntellex Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2004
Sold by
Walkup Richard L
Bought by
Delamore Equity Llc

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 Buyer Sale Price Title Company
Abaleale Properties Llc -- None Available
Ba Alassane $40,000 None Available
Talasim Llc $15,000 None Available
2020 Properties Llc -- None Available
Rad Holdings Llc $180,950 First American Title Ins Co
Cyntellex Llc Series 12 $150,000 None Available
Cyntellex Llc $150,000 --
Delamore Equity Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abaleale Properties Llc $238,000
Previous Owner Ba Alassane $32,000
Previous Owner R & S Inc $225,000
Previous Owner Rad Holdings Llc $128,000
Previous Owner Cyntellex Llc $124,000
Previous Owner Delamore Equity Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2012 08/17/12 Sold $15,000 -50.0% $3 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $30,000 -- $7 / 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 $743 $23,800 $5,200 $18,600
2023 $648 $23,800 $5,200 $18,600
2022 $648 $23,800 $5,200 $18,600
2021 $647 $23,800 $5,200 $18,600
2020 $651 $23,800 $5,200 $18,600
2019 $655 $23,800 $5,200 $18,600
2018 $491 $23,800 $5,200 $18,600
2017 $1,055 $23,800 $5,200 $18,600
2016 $1,055 $23,800 $5,200 $18,600
2015 $1,009 $23,800 $5,200 $18,600
2014 $957 $23,800 $5,200 $18,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003980768

Bright MLS

APN: 26-027.30-160