NOT LISTED FOR SALE

25 3rd Ave Claymont, DE 19703

Estimated Value: $133,000 - $227,000

3 Beds
1 Bath
1,025 Sq Ft
$168/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $111,000 $108 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $997/month

Highlights

  • Traditional Architecture
  • No HOA
  • Storage Room
  • Claymont Elementary School Rated A
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Come see this turn-key investment property in Overlook Colony. Rarely available, this 3 bedroom 1 bath townhouse features a living room, dining room, kitchen, fenced in yard with the potential for 2 off street parking spaces, a full basement and central air. Long-term tenant in place who has resided there for over 20 years and would like to stay. Current rent rate is $750, but is scheduled to increase to $950 on August 1st. Tenant is currently on a month-to-month lease and pays all utilities. If you are looking for a turn-key investment property, you do not want to miss this one.

Last Agent to Sell the Property

Renee Spruiel

RE/MAX Associates-Wilmington License #RS-0016953 Listed on: 06/18/2022

RE/MAX Associates-Wilmington

Last Buyer's Agent

Ashu Behal

Patterson-Schwartz-Hockessin

Patterson-Schwartz-Hockessin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $927

Year Built

  • Built in 1924

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 20.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,025 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Storage Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Overlook Colony Subdivision

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number 06-084.00-303

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$927

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: All Appliances belong to tenant
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1924
  • Automatically Close On Close Date: No
  • Remarks Public: Come see this turn-key investment property in Overlook Colony. Rarely available, this 3 bedroom 1 bath townhouse features a living room, dining room, kitchen, fenced in yard with the potential for 2 off street parking spaces, a full basement and central air. Long-term tenant in place who has resided there for over 20 years and would like to stay. Current rent rate is $750, but is scheduled to increase to $950 on August 1st. Tenant is currently on a month-to-month lease and pays all utilities. If you are looking for a turn-key investment property, you do not want to miss this one.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Storage Room, Bathroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1025
  • Living Area Sq Ft: 1025
  • Price Per Sq Ft: 107.32
  • Above Grade Finished Sq Ft: 1025
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 25

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: BRANDYWINE
  • School District Key: 300200396892
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 19300.00
  • Land Assessed Value: 6900.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Year Assessed: 2021
  • Zoning: NCTH
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2236788
  • School Tax: 709.00
  • Tax Annual Amount: 927.00
  • Assessor Parcel Number: 06-084.00-303
  • Tax Lot: 303
  • Tax Total Finished Sq Ft: 1025
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/13/2022

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Jul 13, 2022
Sold by
Frank John F
Bought by
Bandesha Properties Llc
Seller's Agent
Renee Spruiel
RE/MAX Associates-Wilmington
Buyer's Agent
Ashu Behal
Patterson-Schwartz-Hockessin
List Price
$110,000
Sold Price
$111,000
Premium/Discount to List
$1,000
0.91%
Total Days on Market
0
Current Estimated Value
$172,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,197
Avg. Annual Appreciation
16.41%

Purchase Details

Closed on
Aug 12, 2005
Sold by
Frank John F
Bought by
Frank John F and Frank Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.68%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Bandesha Properties Llc -- Ward & Taylor Llc
Frank John F -- --
Frank John F -- --
Mcdonald Lisa K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frank John F $60,000
Previous Owner Frank John F $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $111,000 0.0% $108 / Sq Ft
06/19/2022 06/19/22 Off Market $111,000 -- --
06/18/2022 06/18/22 For Sale $110,000 -- $107 / Sq Ft
06/18/2022 06/18/22 Pending -- -- --
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 $1,000 $26,200 $6,900 $19,300
2023 $914 $26,200 $6,900 $19,300
2022 $929 $26,200 $6,900 $19,300
2021 $929 $26,200 $6,900 $19,300
2020 $930 $26,200 $6,900 $19,300
2019 $1,250 $26,200 $6,900 $19,300
2018 $218 $26,200 $6,900 $19,300
2017 $874 $26,200 $6,900 $19,300
2016 $874 $26,200 $6,900 $19,300
2015 $805 $26,200 $6,900 $19,300
2014 $804 $26,200 $6,900 $19,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2025970

Bright MLS

APN: 06-084.00-303