NOT LISTED FOR SALE

24 Knox St Unit A Frankford, DE 19945

Estimated Value: $131,904 - $230,000

3 Beds
2 Baths
1,064 Sq Ft
$173/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $102,000 $96 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,004/month

Highlights

  • Second Kitchen
  • Deck
  • Corner Lot
  • Selbyville Middle School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of July 2020

Investor Alert! This is a 2 unit property with proven rental income. 1st floor unit offers large open kitchen and dinning area, living room with high ceilings, 2 bedroom and full bath that has been updated with tile flooring. Shared laundry is on the first floor leading out to back deck. Access to the second unit via private stairs outside. Enter the eat-in kitchen that flows in to the living room, a large bedroom and full bathroom and bonus storage room off the living room. Home is sold AS IS.

Last Agent to Sell the Property

Carrie Cosgrove

(302) 339-5519 CCosgrove@kw.com Coldwell Banker Realty License #RA-0031109 Listed on: 06/24/2020

Coldwell Banker Realty

Last Buyer's Agent

Judy Dean

(302) 236-3120 judy@deanteamsells.com RE/MAX Associates License #RS-0012076

RE/MAX Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $543

Year Built

  • Built in 1914

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 155.00 x 55.00
  • Corner Lot
  • Property is zoned TN

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room

Kitchen

  • Second Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Gravel Driveway

Outdoor Features

  • Deck

Schools

  • Frankford Elementary School
  • Selbyville Middle School
  • Indian River High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Powered By Leased Propane
  • Electric Baseboard Heater
  • Propane Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot W
  • Assessor Parcel Number 433-06.19-72.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$543

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-06-26
  • Federal Flood Zone: No
  • Year Built: 1914
  • Remarks Public: Investor Alert! This is a 2 unit property with proven rental income. 1st floor unit offers large open kitchen and dinning area, living room with high ceilings, 2 bedroom and full bath that has been updated with tile flooring. Shared laundry is on the first floor leading out to back deck. Access to the second unit via private stairs outside. Enter the eat-in kitchen that flows in to the living room, a large bedroom and full bathroom and bonus storage room off the living room. Home is sold AS IS.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Range Hood, Washer/Dryer Hookups Only, Water Heater, Microwave, Refrigerator
  • Interior Amenities: 2nd Kitchen, Ceiling Fan(s), Combination Kitchen/Dining
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Storage Room, Bathroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1064
  • Living Area Sq Ft: 1064
  • Price Per Sq Ft: 103.38
  • Above Grade Finished Sq Ft: 1064
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Shingle Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Central, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Propane, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: FRANKFORD
  • Middle School: SELBYVILLE
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: FRANKFORD
  • High School: INDIAN RIVER
  • Middle Or Junior School: SELBYVILLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Features: Corner
  • Lot Size Acres: 0.19
  • Lot Dimensions: 155.00 x 55.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Total Actual Rent: 13200.00
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5223504
  • School Tax: 267.00
  • Tax Annual Amount: 543.00
  • Assessor Parcel Number: 433-06.19-72.00
  • Tax Lot: W
  • Tax Total Finished Sq Ft: 1064
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/31/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jul 29, 2020
Sold by
Megert Elizabeth A
Bought by
C & C Real Est Hldgs Llc
Seller's Agent
Carrie Cosgrove
Coldwell Banker Realty
Buyer's Agent
Judy Dean
RE/MAX Associates
List Price
$110,000
Sold Price
$102,000
Premium/Discount to List
-$8,000
-7.27%
Current Estimated Value
$183,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,726
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
Sep 4, 1998
Bought by
Megert Elizabeth Ann
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
C & C Real Est Hldgs Llc $102,000 None Available
Megert Elizabeth Ann $80,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $102,000 -7.3% $96 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $110,000 -- $103 / 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
2025 $397 $8,100 $1,500 $6,600
2024 $397 $8,100 $1,500 $6,600
2023 $397 $8,100 $1,500 $6,600
2022 $391 $8,100 $1,500 $6,600
2021 $381 $8,100 $1,500 $6,600
2020 $356 $8,100 $1,500 $6,600
2019 $342 $8,100 $1,500 $6,600
2018 $345 $8,100 $0 $0
2017 $309 $8,100 $0 $0
2016 $311 $8,100 $0 $0
2015 $319 $8,100 $0 $0
2014 $315 $8,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU163226

Bright MLS

APN: 433-06.19-72.00