NOT LISTED FOR SALE

217 N Marshall St Wilmington, DE 19804

Estimated Value: $250,933 - $472,000

-- Bed
2 Baths
1,900 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $303,000 $159 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,084/month

Highlights

  • Cape Cod Architecture
  • Shed
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • Tile or Brick Flooring
  • Asbestos

About This Home

As of August 2023

Welcome to 217 N Marshall Street, an updated duplex, this property presents a fantastic investment opportunity or a versatile living arrangement for multi-generational families. This cape cod features two units, Unit 1 offers 3 bedrooms, a Full bath, and Laundry on the upper level along with Living Room and Kitchen on the main level
Unit 2 features 2 Bedrooms, a Full bath, Living Room, and a Kitchen all on Main Level Living, Laundry, and Utilities are located in the basement w/ bilco, and this unit has access to a nice size side yard.
Both units feature their own private entrances, ensuring privacy for each household. Additionally, the property offers separate utility meters, allowing for independent billing and maximizing convenience for occupants. Property close to a variety of amenities, including shops, restaurants, parks, and schools. Commuters will appreciate the easy access to major transportation routes.
Whether you're an investor looking for a turnkey property with excellent rental potential or a buyer seeking a versatile living arrangement, this updated duplex at 217 N Marshall Street is a rare find. Don't miss the opportunity to Schedule your showing today and envision the possibilities that await in this remarkable property. Unit 1 is currently rented until 3/2024, Unit 2 will vacate at closing with 60 days notice. Est. The monthly rental is $1985 with the owner paying for Water & Sewer. Unit 1 rent is $1223, unit 2 rent is $762.

OFFER DEADLINE IS THURSDAY 6/22/23 at 2:00PM

Last Agent to Sell the Property

Pamela Cox

BHHS Fox & Roach-Christiana Listed on: 06/20/2023

BHHS Fox & Roach-Christiana

Last Buyer's Agent

Jeff Derp

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,977

Year Built

  • Built in 1939

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 106.30 x 11.90
  • Irregular Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • 1,900 Sq Ft Home
  • Duplex
  • Cape Cod Architecture
  • Block Foundation
  • Plaster Walls
  • Shingle Roof
  • Asbestos

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile or Brick

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Rear Basement Entry

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 100 Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Newport Heights Subdivision

Listing and Financial Details

  • The owner pays for sewer, water
  • Tax Lot 157
  • Assessor Parcel Number 20-001.00-157

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,977

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: see sellers disclosure
  • Inclusions: see sellers disclosures
  • New Construction: No
  • Expected On Market: 2023-06-20
  • Year Built: 1939
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 217 N Marshall Street, an updated duplex, this property presents a fantastic investment opportunity or a versatile living arrangement for multi-generational families. This cape cod features two units, Unit 1 offers 3 bedrooms, a Full bath, and Laundry on the upper level along with Living Room and Kitchen on the main level Unit 2 features 2 Bedrooms, a Full bath, Living Room, and a Kitchen all on Main Level Living, Laundry, and Utilities are located in the basement w/ bilco, and this unit has access to a nice size side yard. Both units feature their own private entrances, ensuring privacy for each household. Additionally, the property offers separate utility meters, allowing for independent billing and maximizing convenience for occupants. Property close to a variety of amenities, including shops, restaurants, parks, and schools. Commuters will appreciate the easy access to major transportation routes. Whether you're an investor looking for a turnkey property with excellent rental potential or a buyer seeking a versatile living arrangement, this updated duplex at 217 N Marshall Street is a rare find. Don't miss the opportunity to Schedule your showing today and envision the possibilities that await in this remarkable property. Unit 1 is currently rented until 3/2024, Unit 2 will vacate at closing with 60 days notice. Est. The monthly rental is $1985 with the owner paying for Water & Sewer. Unit 1 rent is $1223, unit 2 rent is $762. OFFER DEADLINE IS THURSDAY 6/22/23 at 2:00PM
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Laminated, Tile/Brick
  • Interior Amenities: Carpet, Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Interior Access, Rear Entrance
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Price Per Sq Ft: 134.21
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 217

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Asbestos
  • Roof: Shingle
  • Spa: No
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Irregular
  • Lot Size Acres: 0.19
  • Lot Dimensions: 106.30 x 11.90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Property Condition: Very Good, Good
  • Year Assessed: 2022
  • Zoning: 20PO
  • In City Limits: No

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 1
  • Owner Pays: Sewer, Water
  • Rent Control: No
  • Total Actual Rent: 23820.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1216.00
  • Tax Annual Amount: 1977.00
  • Assessor Parcel Number: 20-001.00-157
  • Tax Lot: 157
  • Tax Total Finished Sq Ft: 1900
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/15/2023

Multi Family

  • Gross Income: 1985.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 15, 2023
Sold by
Manerchia Anthony and Stapen Jeffrey
Bought by
Aj Lawson Llc
Seller's Agent
Pamela Cox
BHHS Fox & Roach-Christiana
Buyer's Agent
Jeff Derp
Long & Foster Real Estate, Inc.
List Price
$255,000
Sold Price
$303,000
Premium/Discount to List
$48,000
18.82%
Views
420
Current Estimated Value
$366,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,311
Avg. Annual Appreciation
8.90%
Original Mortgage
$227,250
Outstanding Balance
$222,487
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$138,976

Purchase Details

Closed on
Dec 30, 2005
Sold by
Fallat Barbara E and Perdue Priscilla E
Bought by
Caldwell Mark J and Caldwell Donna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
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
Aj Lawson Llc -- None Listed On Document
Manerchia Anthony -- None Listed On Document
Caldwell Mark J $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manerchia Anthony $227,250
Previous Owner Caldwell Mark J $300,000
Previous Owner Caldwell Mark J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $303,000 +18.8% $159 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $255,000 -- $134 / 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 $1,601 $49,200 $12,400 $36,800
2023 $1,398 $49,200 $12,400 $36,800
2022 $1,450 $49,200 $12,400 $36,800
2021 $1,389 $49,200 $12,400 $36,800
2020 $1,398 $49,200 $12,400 $36,800
2019 $1,983 $49,200 $12,400 $36,800
2018 $1,373 $49,200 $12,400 $36,800
2017 $1,369 $49,200 $12,400 $36,800
2016 $1,298 $49,200 $12,400 $36,800
2015 $1,203 $49,200 $12,400 $36,800
2014 $1,016 $45,500 $8,700 $36,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2044414

Bright MLS

APN: 20-001.00-157