L
Seller's Agent in 2019
Larry Thompson
R&R Commerical Realty
(302) 856-4000
33 in this area
67 Total Sales
Estimated Value: $308,027 - $349,000
Studio
4
Baths
2,560
Sq Ft
$128/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating
- 5-minute walk to Constitution Park
- Cooling System Mounted In Outer Wall Opening
- Wall to Wall Carpet
About This Home
As of March 20194 Unit INCOME PRODUCING, FULLY LEASED apartment building located in Dover, DE! All 4 of the units are one bedroom, one bathroom units. Within walking distance to shopping and public transportation. Two of the units have been recently renovated. A new roof was installed approximately 7 years ago. Owner has 11 years worth of financial documentation on file to provide to interested investors! Please provide 24-48 hours notice for all showings. This property is priced using an 11 cap rate and will not last long. Please schedule your tour today!
Last Agent to Sell the Property
(302) 674-3400 ccrod1@aol.com R&R Commerical Realty Listed on: 11/04/2018
Last Buyer's Agent
(302) 674-3400 ccrod1@aol.com R&R Commerical Realty Listed on: 11/04/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,070
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
- Property is in good condition
Home Design
- 2,560 Sq Ft Home
- Quadruplex
- Brick Foundation
- Pitched Roof
- Vinyl Siding
Flooring
- Wall to Wall Carpet
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Dirt Floor
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 0300-000
- Assessor Parcel Number ED-05-07705-03-0300-000
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $1,060
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 6, 2021
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,800
Outstanding Balance
$400,556
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$71,799
Purchase Details
Listed on
Nov 4, 2018
Closed on
May 9, 2019
Sold by
Bought by
Seller's Agent
Larry Thompson
R&R Commerical Realty
Buyer's Agent
Larry Thompson
R&R Commerical Realty
List Price
$250,000
Sold Price
$227,900
Premium/Discount to List
-$22,100
-8.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$171,000
Interest Rate
4.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 13, 2007
Sold by
Bought by
Purchase Details
Closed on
Feb 17, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $251,000 | None Available | ||
| $251,000 | None Listed On Document | ||
| $227,500 | None Available | ||
| -- | None Available | ||
| $4,200 | Superior Title Bridgeville |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $448,800 | ||
| Closed | $448,800 | ||
| Previous Owner | $171,000 | ||
| Previous Owner | $224,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/29/2019 03/29/19 | Sold | $227,900 | -8.8% | $89 / Sq Ft |
| 01/31/2019 01/31/19 | Pending | -- | -- | -- |
| 11/04/2018 11/04/18 | For Sale | $250,000 | -- | $98 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,345 | $228,900 | $34,500 | $194,400 |
| 2024 | $1,299 | $228,900 | $34,500 | $194,400 |
| 2023 | $730 | $24,800 | $2,100 | $22,700 |
| 2022 | $706 | $24,800 | $2,100 | $22,700 |
| 2021 | $680 | $24,800 | $2,100 | $22,700 |
| 2020 | $657 | $24,800 | $2,100 | $22,700 |
| 2019 | $621 | $24,800 | $2,100 | $22,700 |
| 2018 | $567 | $24,800 | $2,100 | $22,700 |
| 2017 | $557 | $24,800 | $0 | $0 |
| 2016 | $559 | $24,800 | $0 | $0 |
| 2015 | -- | $24,800 | $0 | $0 |
| 2014 | -- | $24,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Thompson
Map
Source: Bright MLS
MLS Number: DEKT155726
APN: 2-05-07705-03-0300-000
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