NOT LISTED FOR SALE

202 Market St Frederica, DE 19946

Estimated Value: $187,000 - $250,143

-- Bed
2 Baths
1,641 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 05, 2018

Last sale price $70,000 $43 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $1,287/month

95 Days on Market

Highlights

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

About This Home

As of August 2018

Don't miss the income potential of this 2-unit property conveniently located close to Rt1. There are 2 one-bedroom units, the upstairs unit is currently rented, the 1st floor unit is undergoing repairs. This property is a "short sale"

Last Agent to Sell the Property

Regina Holland

The Moving Experience Delaware Inc Listed on: 03/22/2018

Last Buyer's Agent

Cathy Candileri

The Moving Experience Delaware Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $542

Year Built

  • Built in 1870

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,641 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $542

Listing and Financial Details

  • Tax Lot 3500-000
  • Assessor Parcel Number SM-08-14107-01-3500-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$542

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1870
  • Remarks Public: Don't miss the income potential of this 2-unit property conveniently located close to Rt1. There are 2 one-bedroom units, the upstairs unit is currently rented, the 1st floor unit is undergoing repairs. This property is a "short sale"
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Total Sq Ft: 1641
  • Living Area Sq Ft: 1641
  • Price Per Sq Ft: 42.66
  • Above Grade Finished Sq Ft: 1641
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 202

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • 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: 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: LAKE FOREST
  • School District Key: 300200396886

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 30X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 12120.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2480120
  • Tax Annual Amount: 542.00
  • Assessor Parcel Number: SM-08-14107-01-3500-000
  • Tax Lot: 3500-000
  • Tax Year: 2017
  • Close Date: 08/05/2018

MLS Schools

  • School District Name: LAKE FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
Jul 26, 2018
Sold by
Custer Michael H and Custer Cody
Bought by
Simpson Carl R
Seller's Agent
Regina Holland
The Moving Experience Delaware Inc
Buyer's Agent
Cathy Candileri
The Moving Experience Delaware Inc
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$224,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,786
Avg. Annual Appreciation
17.45%

Purchase Details

Closed on
Oct 6, 2005
Sold by
Custer Michael B and Custer Marsha H
Bought by
Custer Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,240
Interest Rate
3%
Mortgage Type
Assumption
Source: Public Records

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
Simpson Carl R $70,000 None Available
Custer Michael B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Custer Michael B $84,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2018 08/05/18 Sold $70,000 0.0% $43 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $70,000 -- $43 / 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 $747 $208,300 $41,500 $166,800
2023 $1,523 $16,000 $3,200 $12,800
2022 $1,146 $16,000 $3,200 $12,800
2021 $650 $16,000 $3,200 $12,800
2020 $332 $16,000 $3,200 $12,800
2019 $319 $16,000 $3,200 $12,800
2018 $329 $16,000 $3,200 $12,800
2017 $342 $16,000 $0 $0
2016 $313 $16,000 $0 $0
2015 $308 $16,000 $0 $0
2014 $303 $16,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000294666

Bright MLS

APN: 8-08-14107-01-3500-000