NOT LISTED FOR SALE

Estimated Value: $150,000 - $225,000

1 Bed
1 Bath
1,325 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $92,000 $69 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,140/month

3 Days on Market

Highlights

  • No HOA
  • Carpet
  • 4-minute walk to William Judy Johnson Memorial Park
  • Dupont (H.B.) Middle School Rated A
  • Hot Water Baseboard Heater

About This Home

As of August 2020

Two- 1 Bedroom units, recently updated with new flooring and fresh paint ready for your new tenants. Both units last rented at $700. per month. The 1st-floor unit has new laminate flooring and basement access with a washer/dryer hookup. The 2nd-floor unit has new carpet, new flooring in bath & kitchen, and a washer/dryer in the unit. Both units have their own gas boiler, separate electric and hot water heaters. Owner pays for water/sewer only. New roof in 2016. Most windows in each unit replaced in the past 5-10 yrs. Both units show very well. Do the math, this is a great return on your investment with a nice property ready to go. Seller is a licensed Agent in the State of DE.

Last Listed By

Robert Andress

Concord Realty Group License #RS0017375 Listed on: 07/18/2020

Concord Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1910

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 15.20 x 90.00
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,325 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Flooring

  • Carpet
  • Laminate

Laundry

  • Electric Dryer
  • Washer

Location

  • Urban Location

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for sewer, water
  • Tax Lot 088
  • Assessor Parcel Number 26-026.40-088

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Insurance Expense $690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,180

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Two refrigerators, 1-washer & dryer in 2nd-floor unit only.
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: Two- 1 Bedroom units, recently updated with new flooring and fresh paint ready for your new tenants. Both units last rented at $700. per month. The 1st-floor unit has new laminate flooring and basement access with a washer/dryer hookup. The 2nd-floor unit has new carpet, new flooring in bath & kitchen, and a washer/dryer in the unit. Both units have their own gas boiler, separate electric and hot water heaters. Owner pays for water/sewer only. New roof in 2016. Most windows in each unit replaced in the past 5-10 yrs. Both units show very well. Do the math, this is a great return on your investment with a nice property ready to go. Seller is a licensed Agent in the State of DE.
  • Special Features: None

Interior Features

  • Appliances: Dryer - Electric, Washer, Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Laminated
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Room Count: 6
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1325
  • Living Area Sq Ft: 1325
  • Price Per Sq Ft: 69.81
  • Above Grade Finished Sq Ft: 1325
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 213

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers, Fuses
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

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: 23000.00
  • Land Assessed Value: 2700.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.20 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: 26C-2
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Owner Pays: Sewer, Water
  • Rent Control: No
  • Total Actual Rent: 16800.00
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2402866
  • School Tax: 637.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1180.00
  • Assessor Parcel Number: 26-026.40-088
  • Tax Lot: 088
  • Tax Total Finished Sq Ft: 1325
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 08/17/2020

Multi Family

  • Number Of Units Vacant: 2
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Aug 17, 2020
Sold by
213 North Lincoln Series Of Marathon Rlt
Bought by
Wasatch Holdings Llc
Seller's Agent
Robert Andress
Concord Realty Group
Buyer's Agent
Charles Graef
RE/MAX Associates-Hockessin
List Price
$92,500
Sold Price
$92,000
Premium/Discount to List
-$500
-0.54%
Total Days on Market
3
Current Estimated Value
$192,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,720
Avg. Annual Appreciation
13.58%

Purchase Details

Closed on
Jan 15, 2007
Sold by
Andress Robert F
Bought by
213 North Lincoln Series Of Marathon Rea

Purchase Details

Closed on
Nov 15, 2002
Sold by
Bosetti Ernest R
Bought by
Andress Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.07%

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
Wasatch Holdings Llc -- None Available
213 North Lincoln Series Of Marathon Rea -- None Available
Andress Robert F $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wasatch Holdings Llc $200,000
Closed Wasatch Holdings Llc $76,500
Closed Wasatch Holdings Llc $76,500
Previous Owner Andress Robert F $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $92,000 0.0% $69 / Sq Ft
08/04/2020 08/04/20 Rented $900 0.0% --
08/03/2020 08/03/20 Under Contract -- -- --
07/31/2020 07/31/20 For Rent $900 0.0% --
07/21/2020 07/21/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $92,500 -- $70 / 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 $802 $25,700 $2,700 $23,000
2023 $697 $25,700 $2,700 $23,000
2022 $700 $25,700 $2,700 $23,000
2021 $699 $25,700 $2,700 $23,000
2020 $703 $25,700 $2,700 $23,000
2019 $1,220 $25,700 $2,700 $23,000
2018 $403 $25,700 $2,700 $23,000
2017 $1,139 $25,700 $2,700 $23,000
2016 $1,139 $25,700 $2,700 $23,000
2015 $1,089 $25,700 $2,700 $23,000
2014 $1,034 $25,700 $2,700 $23,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC493996

Bright MLS

APN: 26-026.40-088