$220,790
SOLD OCT 24, 2024
-- Bed
-- Bath
1,400 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

10% Above List Price

1 Day on Market

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • 4-minute walk to Brandywine Mills Plaza
  • 1 Car Detached Garage

About This Home

As of October 2024

Welcome to 209 W 18th Street. This 2-family home is fully rented, leases expire in November and January, both tenants are willing to stay. One unit is upstairs ($950 per month), and the second unit is downstairs ($925 a month). Both units are 2-bedroom 1 bath. The two units share a laundry room and basement storage and there is parking for 1 car in a small driveway (currently the downstair tenant has use of the parking space) and a detached garage near the back of the property. Quiet one-way tree lined street and close to all major highways. Home is being sold as is. Must have 48-hour notice to show, both units are occupied. Great opportunity for an investor looking to add to their portfolio or live in one unit and rent the other.

Last Agent to Sell the Property

Tia Gianakis

Concord Realty Group License #RB-0030949 Listed on: 09/23/2024

Concord Realty Group

Last Buyer's Agent

Carol Strasfeld

Unrepresented Buyer Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 1921

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25.00 x 127.70

Parking

  • 1 Car Detached Garage
  • 1 Driveway Space
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Wilm #05 Subdivision

Listing and Financial Details

  • The owner pays for common area maintenance
  • Tax Lot 036
  • Assessor Parcel Number 26-021.40-036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,754

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-09-23
  • Year Built: 1921
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to 209 W 18th Street. This 2-family home is fully rented, leases expire in November and January, both tenants are willing to stay. One unit is upstairs ($950 per month), and the second unit is downstairs ($925 a month). Both units are 2-bedroom 1 bath. The two units share a laundry room and basement storage and there is parking for 1 car in a small driveway (currently the downstair tenant has use of the parking space) and a detached garage near the back of the property. Quiet one-way tree lined street and close to all major highways. Home is being sold as is. Must have 48-hour notice to show, both units are occupied. Great opportunity for an investor looking to add to their portfolio or live in one unit and rent the other.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 142.79
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 209

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: 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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25.00 x 127.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Year Assessed: 2022
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Owner Pays: Common Area Maintenance
  • Rent Control: No
  • Total Actual Rent: 22500.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 947.00
  • Tax Annual Amount: 1754.00
  • Assessor Parcel Number: 26-021.40-036
  • Tax Lot: 036
  • Tax Total Finished Sq Ft: 1400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/24/2024

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

Closed on
Jan 10, 2025
Sold by
302 G Properties Llc
Bought by
Navy Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,800
Outstanding Balance
$287,078
Interest Rate
6.93%
Mortgage Type
Construction
Estimated Equity
-$31,578

Purchase Details

Listed on
Sep 23, 2024
Closed on
Oct 24, 2024
Sold by
Roberts Michael John
Bought by
302 G Properties Llc
Seller's Agent
Tia Gianakis
Concord Realty Group
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$199,900
Sold Price
$220,790
Premium/Discount to List
$20,890
10.45%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.81%
Original Mortgage
$217,671
Interest Rate
6.09%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 17, 2023
Sold by
Roberts Michael John
Bought by
Roberts Michael John

Purchase Details

Closed on
Jul 18, 2015
Sold by
Roberts Michael John
Bought by
Roberts Michael John and Roberts Kaywana Nicola Jemison

Purchase Details

Closed on
Apr 4, 2006
Sold by
Denneny Raymond A and Denneny Cheryl L
Bought by
Roberts Michael John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 9, 2005
Sold by
Sims Paula M
Bought by
Denneny Raymond A and Denneny Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.01%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $265,000 None Listed On Document
Deed $220,790 None Listed On Document
Deed -- --
Interfamily Deed Transfer -- None Available
Deed $152,500 None Available
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $287,800 Construction
Previous Owner $217,671 Construction
Previous Owner $168,000 Negative Amortization
Previous Owner $122,000 Fannie Mae Freddie Mac
Previous Owner $30,500 Stand Alone Second
Previous Owner $108,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $309,000 +40.0% $221 / Sq Ft
10/24/2024 10/24/24 Sold $220,790 +10.5% $158 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $199,900 0.0% $143 / Sq Ft
10/18/2023 10/18/23 Rented $950 0.0% --
10/11/2023 10/11/23 Under Contract -- -- --
09/22/2023 09/22/23 For Rent $950 -- --
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 $1,195 $38,300 $11,900 $26,400
2023 $1,039 $38,300 $11,900 $26,400
2022 $1,043 $38,300 $11,900 $26,400
2021 $1,042 $38,300 $11,900 $26,400
2020 $1,048 $38,300 $11,900 $26,400
2019 $1,817 $38,300 $11,900 $26,400
2018 $1,043 $38,300 $11,900 $26,400
2017 $1,041 $38,300 $11,900 $26,400
2016 $987 $38,300 $11,900 $26,400
2015 $1,623 $38,300 $11,900 $26,400
2014 $1,541 $38,300 $11,900 $26,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2068712

Bright MLS

APN: 26-021.40-036