NOT LISTED FOR SALE

275 Old Camden Rd Camden, DE 19934

Estimated Value: $234,000 - $283,000

-- Bed
2 Baths
1,684 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $198,000 $118 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,524/month

8 Days on Market

Highlights

  • Second Kitchen
  • Colonial Architecture
  • No HOA
  • Caesar Rodney High School Rated A-
  • Wood Flooring
  • Walk-In Closet

About This Home

As of August 2021

BE A LANDLORD! Excellent investment opportunity. Well maintained 2 unit apartment building with great location in Camden Wyoming, walking distance to schools, shopping and park. This property has a strong rental history. Each unit has its own private entrance. Upstairs unit is currently vacant with all new carpet and paint consisting of family room, one bedroom with large walk in closet, kitchen with eating area with small room right off the kitchen and hardwood floors that could be used as den/office, full bathroom and separate laundry room with washer and dryer included. Main floor unit is currently rented, tenant has an excellent payment history since 2018. Large family room, dining room, large bedroom, full bathroom with corner shower and nice size mud room. Property could also be used as private residence with income producing rental unit. The choice is yours! Sought after location for rental income. Property has been well maintained, but is being sold as is.

Last Listed By

Yvonne Hall

Keller Williams Realty Central-Delaware Listed on: 06/30/2021

Keller Williams Realty Central-Delaware

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 52.50 x 188.53
  • Property is in average condition

Parking

  • Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • 1,684 Sq Ft Home
  • Ceiling Fan
  • Second Kitchen
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 1500-000
  • Assessor Parcel Number NM-02-09408-02-1500-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,287

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal items
  • Home Warranty: No
  • Inclusions: Appliances
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: BE A LANDLORD! Excellent investment opportunity. Well maintained 2 unit apartment building with great location in Camden Wyoming, walking distance to schools, shopping and park. This property has a strong rental history. Each unit has its own private entrance. Upstairs unit is currently vacant with all new carpet and paint consisting of family room, one bedroom with large walk in closet, kitchen with eating area with small room right off the kitchen and hardwood floors that could be used as den/office, full bathroom and separate laundry room with washer and dryer included. Main floor unit is currently rented, tenant has an excellent payment history since 2018. Large family room, dining room, large bedroom, full bathroom with corner shower and nice size mud room. Property could also be used as private residence with income producing rental unit. The choice is yours! Sought after location for rental income. Property has been well maintained, but is being sold as is.
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Vinyl, Wood
  • Interior Amenities: 2nd Kitchen, Carpet, Ceiling Fan(s), Pantry, Walk-In Closet(s)
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1684
  • Living Area Sq Ft: 1684
  • Price Per Sq Ft: 119.95
  • Above Grade Finished Sq Ft: 1684
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 275

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
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • 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

  • HOA: No

Schools

  • School District: CAESAR RODNEY
  • School District Key: 300200396889
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 52.50 x 188.53
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Property Condition: Average
  • Year Assessed: 2020
  • In City Limits: Yes

Rental Info

  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2470172
  • Tax Annual Amount: 1287.00
  • Assessor Parcel Number: NM-02-09408-02-1500-000
  • Tax Lot: 1500-000
  • Tax Total Finished Sq Ft: 1684
  • Tax Year: 2020
  • Close Date: 08/20/2021

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 20, 2021
Sold by
Eagle Enterprises 678 Llc
Bought by
Corbett Richard L
Seller's Agent
Yvonne Hall
Keller Williams Realty Central-Delaware
Buyer's Agent
Charles Martin
Century 21 Harrington Realty, Inc
List Price
$202,000
Sold Price
$198,000
Premium/Discount to List
-$4,000
-1.98%
Total Days on Market
8
Current Estimated Value
$261,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,353
Avg. Annual Appreciation
7.01%
Original Mortgage
$148,500
Outstanding Balance
$137,912
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$116,800

Purchase Details

Closed on
Sep 19, 2013
Sold by
Mast Dale L and Mast Luanne L
Bought by
Eagle Enterprises 678 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,045
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2009
Sold by
Gieske Frank H
Bought by
Mast Dale L and Mast Luanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,106
Interest Rate
5.28%
Mortgage Type
New Conventional

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
Corbett Richard L $198,000 None Available
Eagle Enterprises 678 Llc -- None Available
Mast Dale L $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corbett Richard L $148,500
Previous Owner Eagle Enterprises 678 Llc $129,045
Previous Owner Mast Dale L $149,106
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $198,000 -2.0% $118 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $202,000 -- $120 / 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 $908 $226,800 $60,200 $166,600
2023 $725 $28,200 $4,200 $24,000
2022 $685 $28,200 $4,200 $24,000
2021 $667 $28,200 $4,200 $24,000
2020 $656 $28,200 $4,200 $24,000
2019 $630 $28,200 $4,200 $24,000
2018 $607 $28,200 $4,200 $24,000
2017 $589 $28,200 $0 $0
2016 $577 $28,200 $0 $0
2015 $477 $28,200 $0 $0
2014 $481 $28,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2000536

Bright MLS

APN: 7-02-09408-02-1500-000