$160,000
SOLD DEC 20, 2024

221 N Arch St Seaford, DE 19973

-- Bed
-- Bath
2,000 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

1 Day on Market

About This Home

As of December 2024

Unique opportunity to own this duplex in the historic district of Seaford! It is very convenient to everything- shops, banks, restaurants and more. At this price, it will generate a high rate of return on your investment. With a little TLC, you will enjoy instant sweat equity! Why rent when you can own and earn rental income from the other unit at the same time? For those looking to own rental properties, your opportunity has arrived! This is a great investment! Don’t miss your chance to own this property. Schedule a tour today! This property to be sold in as is condition. Buyer to assume current lease for first floor unit (lease ends March 31st, 2025).

Last Agent to Sell the Property

Alec Tran

Premier Realty Inc License #RS360779 Listed on: 11/15/2024

Last Buyer's Agent

Julian Washington

ARE PROS. License #0037352

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $702

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50.00 x 120.00

Home Design

  • 2,000 Sq Ft Home
  • Duplex
  • Converted Dwelling
  • Block Foundation
  • Vinyl Siding

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Assessor Parcel Number 431-05.00-174.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$702

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Unique opportunity to own this duplex in the historic district of Seaford! It is very convenient to everything- shops, banks, restaurants and more. At this price, it will generate a high rate of return on your investment. With a little TLC, you will enjoy instant sweat equity! Why rent when you can own and earn rental income from the other unit at the same time? For those looking to own rental properties, your opportunity has arrived! This is a great investment! Don’t miss your chance to own this property. Schedule a tour today! This property to be sold in as is condition. Buyer to assume current lease for first floor unit (lease ends March 31st, 2025).
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: No
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 80.00
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 221

Exterior Features

  • Other Structures: Above Grade, Below 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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: SEAFORD
  • School District Key: 300200396896
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.13
  • Lot Dimensions: 50.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Year Assessed: 2024
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 381.00
  • Tax Annual Amount: 701.98
  • Assessor Parcel Number: 431-05.00-174.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 12/20/2024

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SEAFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Dec 20, 2024
Sold by
Dn Holdings Llc
Bought by
Washington Christopher J
Seller's Agent
Alec Tran
Premier Realty Inc
Buyer's Agent
Julian Washington
ARE PROS.
List Price
$160,000
Sold Price
$160,000
Views
8
Current Estimated Value
$159,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$389
Avg. Annual Appreciation
-0.39%

Purchase Details

Listed on
Mar 28, 2018
Closed on
Sep 12, 2018
Sold by
Thompson Denise
Bought by
Dn Holdings Llc
Seller's Agent
Tim Riale
RIALE REALTY
Buyer's Agent
Linda Hallbrook
EXP Realty, LLC
List Price
$119,900
Sold Price
$105,000
Premium/Discount to List
-$14,900
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$10,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $160,000 None Listed On Document
Deed $160,000 None Listed On Document
Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $10,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $160,000 0.0% $80 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $160,000 0.0% $80 / Sq Ft
12/27/2021 12/27/21 Rented $900 -5.3% --
12/21/2021 12/21/21 Off Market $950 -- --
11/17/2021 11/17/21 For Rent $950 0.0% --
09/12/2018 09/12/18 Sold $105,000 -8.6% $53 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
07/16/2018 07/16/18 Price Changed $114,900 -4.2% $57 / Sq Ft
03/28/2018 03/28/18 For Sale $119,900 -- $60 / 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 $418 $8,350 $1,200 $7,150
2023 $417 $8,350 $1,200 $7,150
2022 $407 $8,350 $1,200 $7,150
2021 $409 $8,350 $1,200 $7,150
2020 $443 $8,350 $1,200 $7,150
2019 $388 $8,350 $1,200 $7,150
2018 $378 $8,350 $0 $0
2017 $359 $8,350 $0 $0
2016 $346 $8,350 $0 $0
2015 $345 $8,350 $0 $0
2014 $327 $8,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2074466

Bright MLS

APN: 431-05.00-174.00