NOT LISTED FOR SALE

1711 W 4th St Wilmington, DE 19805

Estimated Value: $188,000 - $226,000

-- Bed
1 Bath
1,675 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $150,000 $90 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,205/month

Highlights

  • Porch
  • Patio
  • Carpet
  • Dupont (H.B.) Middle School Rated A
  • Electric Baseboard Heater
  • 2-minute walk to William Judy Johnson Memorial Park

About This Home

As of August 2022

Purchase this property and earn rental income immediately. Total rent collected is $1600 per month, $19,200 annually. This brick, semi-detached home is fully rented with reliable long-term tenants (15 and 7 years) who have leases signed through June 2023 and want to stay. Owner pays taxes and water only! This brick, semi-detached home includes two units. Unit 1 rents for $800 per month. It includes 2 bedrooms and 1 bath with living room, eat-in kitchen, and front porch. Unit 2 rents for $800 per month. It offers 2 bedrooms and 1 bath with an eat-in kitchen, living room, deck and backyard patio, basement access for storage and ¼ bath, and off-street parking for multiple cars. A wonderful downtown location near Saint Francis hospital and Little Italy. This property is in good condition and is being sold AS IS. Don’t miss this opportunity to invest and earn immediately!

Last Agent to Sell the Property

Ann Clark

(610) 420-7276 aclark@mkgre.com Long & Foster Real Estate, Inc. Listed on: 07/13/2022

Long & Foster Real Estate, Inc.

Co-Listed By

Michael McKee

(610) 247-9154 mmckee@mkgre.com Long & Foster Real Estate, Inc. License #RS-0022204

Last Buyer's Agent

Your Bridge Team

(302) 383-2550 brigitte.hug@compass.com Compass License #RS-334192

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,496

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25.00 x 118.00
  • Property is in good condition

Parking

  • Shared Driveway

Home Design

  • 1,675 Sq Ft Home
  • Duplex
  • Reverse Style Home
  • Flat Roof Shape
  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Patio
  • Porch

Utilities

  • Radiator
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for insurance, water, real estate taxes
  • Tax Lot 333
  • Assessor Parcel Number 26-026.40-333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,496

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Reverse
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property.
  • Inclusions: Appliances
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Purchase this property and earn rental income immediately. Total rent collected is $1600 per month, $19,200 annually. This brick, semi-detached home is fully rented with reliable long-term tenants (15 and 7 years) who have leases signed through June 2023 and want to stay. Owner pays taxes and water only! This brick, semi-detached home includes two units. Unit 1 rents for $800 per month. It includes 2 bedrooms and 1 bath with living room, eat-in kitchen, and front porch. Unit 2 rents for $800 per month. It offers 2 bedrooms and 1 bath with an eat-in kitchen, living room, deck and backyard patio, basement access for storage and ¼ bath, and off-street parking for multiple cars. A wonderful downtown location near Saint Francis hospital and Little Italy. This property is in good condition and is being sold AS IS. Don’t miss this opportunity to invest and earn immediately!
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Foundation Details: Other
  • Total Sq Ft: 1675
  • Living Area Sq Ft: 1675
  • Price Per Sq Ft: 89.55
  • Above Grade Finished Sq Ft: 1675
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1711

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: Shared Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Radiator
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 29200.00
  • Land Assessed Value: 3500.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25.00 x 118.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: 26C-2
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Insurance, Water, Taxes - Real Estate
  • Total Actual Rent: 19200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2403106
  • School Tax: 807.00
  • Tax Annual Amount: 1496.00
  • Assessor Parcel Number: 26-026.40-333
  • Tax Lot: 333
  • Tax Total Finished Sq Ft: 1675
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/16/2022

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 16, 2022
Sold by
Serrano Juan R
Bought by
Almagor Llc Series A
Seller's Agent
Ann Clark
Long & Foster Real Estate, Inc.
Buyer's Agent
Your Bridge Team
Compass
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$211,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,311
Avg. Annual Appreciation
11.65%

Purchase Details

Closed on
Jan 31, 2006
Sold by
Lopez Antonio
Bought by
Serrano Juan R and Serrano Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,952
Interest Rate
6.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 15, 2001
Sold by
Hanna Nancy B
Bought by
Lopez Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,300
Interest Rate
6.7%
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
Almagor Llc Series A $150,000 None Listed On Document
Serrano Juan R $132,000 Stewart Title Guaranty Compa
Lopez Antonio $85,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serrano Juan R $92,400
Previous Owner Lopez Antonio $77,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $150,000 0.0% $90 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $150,000 -- $90 / 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 $1,020 $32,700 $3,500 $29,200
2023 $887 $32,700 $3,500 $29,200
2022 $891 $32,700 $3,500 $29,200
2021 $889 $32,700 $3,500 $29,200
2020 $894 $32,700 $3,500 $29,200
2019 $1,552 $32,700 $3,500 $29,200
2018 $507 $32,700 $3,500 $29,200
2017 $1,449 $32,700 $3,500 $29,200
2016 $1,449 $32,700 $3,500 $29,200
2015 $1,386 $32,700 $3,500 $29,200
2014 $1,316 $32,700 $3,500 $29,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2027660

Bright MLS

APN: 26-026.40-333