NOT LISTED FOR SALE

Estimated Value: $202,573 - $320,000

-- Bed
3 Baths
1,500 Sq Ft
$165/Sq Ft Est. Value

Last Sold January 08, 2018

Last sale price $130,000 $87 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,406/month

5 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Baseboard Heating
  • 2 Car Detached Garage
  • Ceiling Fan
  • Wall to Wall Carpet

About This Home

As of January 2018

What an opportunity to own a turn key legal 3 unit apt building with detached 2 car garage with separate heat and electric for less than 135k.New kitchens and baths, all new windows, new 1 layer rolled rubber roof with transferable warranty. New carpetvinyl, freshly painted inside and out. Potential to gross over $2300/ month. Several potential renters have inquired about renting units but owner has left building vacant to give the buyer the opportunity to screen and manage their own tenants. Owner is licensed Broker with Patterson Schwartz.

Last Agent to Sell the Property

Laurence Lee

Patterson-Schwartz - Greenville Listed on: 11/27/2017

Patterson-Schwartz - Greenville

Last Buyer's Agent

Stephen Mervine

RE/MAX Associates-Hockessin License #RS323368

RE/MAX Associates-Hockessin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1937

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 25 x 70
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,500 Sq Ft Home
  • Ceiling Fan
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2601540079

Community Details

Overview

  • No Home Owners Association
  • Wilm #03 Subdivision

Building Details

  • Insurance Expense $780
  • Operating Expense $2,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,280

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: All Appliances
  • New Construction: No
  • Storage: Basement
  • Year Built: 1937
  • Remarks Public: What an opportunity to own a turn key legal 3 unit apt building with detached 2 car garage with separate heat and electric for less than 135k.New kitchens and baths, all new windows, new 1 layer rolled rubber roof with transferable warranty. New carpetvinyl, freshly painted inside and out. Potential to gross over $2300/ month. Several potential renters have inquired about renting units but owner has left building vacant to give the buyer the opportunity to screen and manage their own tenants. Owner is licensed Broker with Patterson Schwartz.
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Fully Carpeted
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 89.93
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2719

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Lot Size Acres: 0.02
  • Lot Dimensions: 25 X 70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: 26R3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 2395125
  • Tax Annual Amount: 1280.00
  • Assessor Parcel Number: 2601540079
  • Tax Year: 2016
  • Close Date: 01/08/2018

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2017
Closed on
Jan 8, 2018
Sold by
L Lee Properties Inc
Bought by
Summers Kristin
Seller's Agent
Laurence Lee
Patterson-Schwartz - Greenville
Buyer's Agent
Stephen Mervine
RE/MAX Associates-Hockessin
List Price
$134,900
Sold Price
$130,000
Premium/Discount to List
-$4,900
-3.63%
Current Estimated Value
$247,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,191
Avg. Annual Appreciation
5.02%
Original Mortgage
$97,500
Outstanding Balance
$83,149
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$105,948

Purchase Details

Closed on
Jul 28, 2017
Sold by
614 Inc
Bought by
L Lee Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
3.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2013
Sold by
Berry Daniel
Bought by
614 Inc
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
Summers Kristin -- None Available
L Lee Properties Inc -- None Available
614 Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Kristin $97,500
Previous Owner L Lee Properties Inc $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2018 01/08/18 Sold $130,000 -3.6% $87 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
11/27/2017 11/27/17 For Sale $134,900 -- $90 / 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 $736 $23,600 $5,300 $18,300
2023 $640 $23,600 $5,300 $18,300
2022 $643 $23,600 $5,300 $18,300
2021 $642 $23,600 $5,300 $18,300
2020 $646 $23,600 $5,300 $18,300
2019 $1,120 $23,600 $5,300 $18,300
2018 $643 $23,600 $5,300 $18,300
2017 $641 $23,600 $5,300 $18,300
2016 $608 $23,600 $5,300 $18,300
2015 $1,000 $23,600 $5,300 $18,300
2014 $949 $23,600 $5,300 $18,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004229539

Bright MLS

APN: 26-015.40-079