NOT LISTED FOR SALE

Estimated Value: $123,021 - $323,000

-- Bed
2 Baths
1,500 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $62,500 $42 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $1,098/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating Available

About This Home

As of December 2013

Cash Cow. Long term tenants in this small duplex in the City of Wilmington. A little elbow grease will go a long way. Tenants pay their own heat, hot water and electric. This will not last so show it now.

Last Agent to Sell the Property

Robert Harrison

(302) 383-9578 bobharison@aol.com Harrison Properties, Ltd. Listed on: 11/15/2013

Last Buyer's Agent

Joseph Hurley

(302) 740-5524 jphurley27@gmail.com Pantano Real Estate Inc License #RS-0018346

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 26x103
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,500 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 083
  • Assessor Parcel Number 26-022.10-083

Community Details

Overview

  • No Home Owners Association
  • Wilm #05 Subdivision

Building Details

  • Maintenance Expense $1,683
  • Operating Expense $3,979

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1919
  • Remarks Public: Cash Cow. Long term tenants in this small duplex in the City of Wilmington. A little elbow grease will go a long way. Tenants pay their own heat, hot water and electric. This will not last so show it now.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 45.33
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2019

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 962.00
  • 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: 28600.00
  • Land Assessed Value: 5600.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 26X103
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Below Average
  • Zoning: 26R-2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 11635.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2399711
  • Tax Annual Amount: 1334.00
  • Assessor Parcel Number: 26-022.10-083
  • Tax Lot: 083
  • Tax Year: 2013
  • Close Date: 12/20/2013

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2014
Sold by
Tdw Properties Llc
Bought by
Sherif Nadia
Current Estimated Value
$191,007

Purchase Details

Closed on
Jun 5, 2014
Sold by
Sherif Nadia
Bought by
Tdw Properties Llc Series 2019 N Jeffers

Purchase Details

Listed on
Nov 15, 2013
Closed on
Dec 20, 2013
Sold by
Conrad Nancy Allison and Estate Of Bruce A Conrad
Bought by
Sherif Nadia
Seller's Agent
Robert Harrison
Harrison Properties, Ltd.
Buyer's Agent
Joseph Hurley
Pantano Real Estate Inc
List Price
$68,000
Sold Price
$62,500
Premium/Discount to List
-$5,500
-8.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$62,500
Interest Rate
4.35%
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
Sherif Nadia -- None Available
Tdw Properties Llc Series 2019 N Jeffers -- None Available
Sherif Nadia $62,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherif Nadia $50,400
Previous Owner Sherif Nadia $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $62,500 -8.1% $42 / Sq Ft
12/01/2013 12/01/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $68,000 -- $45 / 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 $1,067 $34,200 $5,600 $28,600
2023 $927 $34,200 $5,600 $28,600
2022 $932 $34,200 $5,600 $28,600
2021 $935 $34,200 $5,600 $28,600
2020 $935 $34,200 $5,600 $28,600
2019 $1,623 $34,200 $5,600 $28,600
2018 $931 $34,200 $5,600 $28,600
2017 $930 $34,200 $5,600 $28,600
2016 $881 $34,200 $5,600 $28,600
2015 $1,449 $34,200 $5,600 $28,600
2014 $1,376 $34,200 $5,600 $28,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003650824

Bright MLS

APN: 26-022.10-083