NOT LISTED FOR SALE

Estimated Value: $420,818 - $611,000

-- Bed
3 Baths
1,625 Sq Ft
$300/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $350,000 $215 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,768/month

6 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • 3-minute walk to Conaty Park
  • Forced Air Heating System

About This Home

As of October 2021

GREAT investment property in the heart of Trolley Square! This Triplex has an incredible rental history and fully occupied with a fantastic income. Property has been thoroughly maintained and pride of ownership and tenancy shines all over this 5 star property. Inquire within for more detailed financials.

Last Agent to Sell the Property

Maximo Rodriguez

Patterson-Schwartz-Hockessin License #RS-0022403 Listed on: 09/09/2021

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Maximo Rodriguez

Patterson-Schwartz-Hockessin License #RS-0022403 Listed on: 09/09/2021

Patterson-Schwartz-Hockessin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,838

Year Built

  • Built in 1920

Lot Details

  • 1,307

Parking

  • On-Street Parking

Home Design

  • Triplex
  • AirLite
  • Stone Foundation
  • Stone Siding

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Exterior Lighting
  • 1,307 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 3 Units
  • Trolley Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-020.20-056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,838

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: GREAT investment property in the heart of Trolley Square! This Triplex has an incredible rental history and fully occupied with a fantastic income. Property has been thoroughly maintained and pride of ownership and tenancy shines all over this 5 star property. Inquire within for more detailed financials.
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2261
  • Living Area Sq Ft: 1625
  • Price Per Sq Ft: 243.08
  • Above Grade Finished Sq Ft: 1625
  • Below Grade Sq Ft: 636
  • Total Below Grade Sq Ft: 636
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1603

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Stone
  • Exterior Features: Exterior Lighting, Street Lights
  • 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: Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2397679
  • Tax Annual Amount: 2838.00
  • Assessor Parcel Number: 26-020.20-056
  • Tax Year: 2020
  • Close Date: 10/15/2021

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2024
Sold by
Liu Chengyu
Bought by
1603 North Rodney St Llc
Current Estimated Value
$479,158

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 15, 2021
Sold by
1603 N Rodney Street Llc
Bought by
Liu Chengyn
Seller's Agent
Maximo Rodriguez
Patterson-Schwartz-Hockessin
Buyer's Agent
Maximo Rodriguez
Patterson-Schwartz-Hockessin
List Price
$395,000
Sold Price
$350,000
Premium/Discount to List
-$45,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2012
Bought by
1603 N Rodney Street Llc

Purchase Details

Closed on
Nov 9, 2012
Sold by
Ldh Properties Llc
Bought by
1603 N Rodney Street Llc

Purchase Details

Closed on
Oct 25, 2011
Sold by
Sunset Pointe Properties Llc
Bought by
Heredia Larry and Heredia Luz Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2004
Sold by
Davis Michael R
Bought by
Sunset Pointe Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
1603 North Rodney St Llc -- None Listed On Document
Liu Chengyn $350,000 Krish Title Services Inc
1603 N Rodney Street Llc $280,000 --
1603 N Rodney Street Llc -- None Available
Ldh Properties Llc -- None Available
Heredia Larry $280,000 None Available
Sunset Pointe Properties Llc -- --
Davis Michael R $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Chengyn $258,750
Previous Owner Heredia Larry $210,000
Previous Owner Davis Michael R $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $350,000 -11.4% $215 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $395,000 -- $243 / 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 $1,878 $60,200 $7,300 $52,900
2023 $1,632 $60,200 $7,300 $52,900
2022 $1,640 $60,200 $7,300 $52,900
2021 $1,637 $60,200 $7,300 $52,900
2020 $1,647 $60,200 $7,300 $52,900
2019 $2,857 $60,200 $7,300 $52,900
2018 $1,065 $60,200 $7,300 $52,900
2017 $2,667 $60,200 $7,300 $52,900
2016 $2,667 $60,200 $7,300 $52,900
2015 $2,551 $60,200 $7,300 $52,900
2014 $2,422 $60,200 $7,300 $52,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2006782

Bright MLS

APN: 26-020.20-056