Seller's Agent in 2019
Philip McGinnis
McGinnis Commercial Real Estate
(302) 270-0656
18 in this area
32 Total Sales
Estimated Value: $260,147 - $294,000
Studio
3
Baths
2,354
Sq Ft
$117/Sq Ft
Est. Value
Highlights
- No HOA
- Electric Baseboard Heater
- South Facing Home
About This Home
As of November 2019Three unit apartment on Cecil Street just west of Wesley College. This property has a sprinkler system. Two units have two bedrooms, and one unit has one bedroom. Great location and always occupied. All units on month-to-month leases.
Last Agent to Sell the Property
(302) 270-0656 pjm@mcginnisrealty.com McGinnis Commercial Real Estate License #R1-0001967 Listed on: 11/14/2018
Last Buyer's Agent
(302) 270-0656 pjm@mcginnisrealty.com McGinnis Commercial Real Estate License #R1-0001967 Listed on: 11/14/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $975
Year Built
- Built in 1930
Lot Details
- 4,500 Sq Ft Lot
- Lot Dimensions are 50x90
- South Facing Home
- Sprinkler System
- Property is in good condition
Parking
- On-Street Parking
Home Design
- 2,354 Sq Ft Home
- Triplex
- Converted Dwelling
- Brick Foundation
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Schools
- Central Middle School
- Dover High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for advertising/licenses and permits, insurance, repairs, sewer, real estate taxes, trash collection, water
- Tax Lot 5500-000
- Assessor Parcel Number ED-05-07608-02-5500-000
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Income includes apartment rentals
- Electric Expense $1,860
- Insurance Expense $386
- Maintenance Expense $1,000
- Other Expense $3,654
- Operating Expense $6,484
- Net Operating Income $21,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2018
Closed on
Nov 20, 2019
Sold by
Garcia George L and Garcia Darnell
Bought by
Sloven James E
Seller's Agent
Philip McGinnis
McGinnis Commercial Real Estate
Buyer's Agent
Philip McGinnis
McGinnis Commercial Real Estate
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,537
Avg. Annual Appreciation
5.44%
Original Mortgage
$150,000
Outstanding Balance
$132,353
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$144,184
Purchase Details
Closed on
Oct 17, 2006
Sold by
Lynch Wayne A
Bought by
Garicia George L and Garicia Darnell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
6.47%
Mortgage Type
Future Advance Clause Open End Mortgage
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
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sloven James E | $200,000 | None Available | |
| Garicia George L | $2,175 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sloven James E | $150,000 | |
| Previous Owner | Garicia George L | $108,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2019 11/22/19 | Sold | $200,000 | -7.0% | $85 / Sq Ft |
| 08/12/2019 08/12/19 | Price Changed | $215,000 | -4.4% | $91 / Sq Ft |
| 11/14/2018 11/14/18 | For Sale | $225,000 | -- | $96 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $1,247 | $212,200 | $37,900 | $174,300 |
| 2024 | $1,204 | $212,200 | $37,900 | $174,300 |
| 2023 | $665 | $22,600 | $7,500 | $15,100 |
| 2022 | $643 | $22,600 | $7,500 | $15,100 |
| 2021 | $620 | $22,600 | $7,500 | $15,100 |
| 2020 | $598 | $22,600 | $7,500 | $15,100 |
| 2019 | $566 | $22,600 | $7,500 | $15,100 |
| 2018 | $516 | $22,600 | $7,500 | $15,100 |
| 2017 | $508 | $22,600 | $0 | $0 |
| 2016 | $510 | $22,600 | $0 | $0 |
| 2015 | -- | $22,600 | $0 | $0 |
| 2014 | -- | $20,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Philip McGinnis
Map
Source: Bright MLS
MLS Number: DEKT174752
APN: 2-05-07608-02-5500-000
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