Seller's Agent in 2021
Yasmin Bowman
BHHS PenFed (actual)
(302) 438-8667
4 in this area
63 Total Sales
28 Deen St New Castle, DE 19720
Estimated Value: $265,000 - $314,000
--
Bed
2
Baths
1,950
Sq Ft
$152/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- No HOA
- Instant Hot Water
- Wood Flooring
- Level Entry For Accessibility
- Central Air
About This Home
As of May 2021This rare offering of two newer brick construction, bright rental "end-units" are super conveniently located off the Wilton Boulevard main road. They are right across the street from the DART bus stop and just yards from the Walmart on the Routes 13 & 40 split. Community Plaza and the Christiana Mall are a nearby 5-8 minutes drive. These very advantageous factors keep these crisp, easily maintained apartments highly rentable . Both units are rented. The tenants are current on their rents and this asset has been very well performing. Both rental units and the building (built in 1985) have been well maintained and are in very good condition. For example, the lower unit was completely painted and carpeted in January 2021. A new range, refrigerator, back door, bathroom cabinets and toilet were also installed at that time. The upper unit was completely painted and carpeted January 2018. The lower unit's income is $995 PM and lease ends 1/31/2022. Upper unit's income is $965 PM with a month to month lease. Tenants pay all utilities except sewer and water. The Evergreen Homeowner's Association has an annual fee of $520 which offers a lot of value because it covers all trash removal, keeping the common areas tidy, maintaining the parking lot, snow removal on the streets (not the walkways) and monitored security cameras in the community. Buyers must provide financing qualification in order to secure a showing. Also listed underMLS# DENC523208 (residential).
Last Agent to Sell the Property
(302) 438-8667 yasmin@bowmanrealestatellc.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0020276 Listed on: 03/26/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,925
Year Built
- Built in 1985
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 55.50 x 152.70
- Property is in very good condition
Home Design
- 1,950 Sq Ft Home
- Duplex
- Contemporary Architecture
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Pitched Roof
Flooring
- Wood
- Concrete
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Lot
- Off-Street Parking
Utilities
- Central Air
- Heat Pump System
- Private Water Source
- Electric Water Heater
Additional Features
- Instant Hot Water
- Level Entry For Accessibility
Listing and Financial Details
- The owner pays for association fees, insurance, sewer, real estate taxes, water
- Tax Lot 393
- Assessor Parcel Number 10-029.40-393
Community Details
Overview
- No Home Owners Association
- 2 Units
- 2-Story Building
- Hampton Green II Subdivision
Building Details
- Operating Expense $4,970
- Gross Income $23,520
- Net Operating Income $18,550
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2021
Closed on
May 7, 2021
Sold by
Hannagen Niall W and Hannagen Cathy
Bought by
Li Tongming
Seller's Agent
Yasmin Bowman
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
CK Cheng
Tesla Realty Group, LLC
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%
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
$70,768
Avg. Annual Appreciation
6.29%
Original Mortgage
$161,250
Outstanding Balance
$146,133
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$149,635
Purchase Details
Closed on
Feb 20, 2009
Sold by
Hannagen Niall W
Bought by
Hannagen Niall W and Hannagen Cathy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.92%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Li Tongming | $225,000 | Kirsh Title Services Inc | |
| Hannagen Niall W | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Li Tongming | $161,250 | |
| Previous Owner | Hannagen Niall W | $136,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2021 05/07/21 | Sold | $225,000 | +2.3% | $115 / Sq Ft |
| 03/26/2021 03/26/21 | For Sale | $220,000 | -- | $113 / 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 |
|---|---|---|---|---|
| 2024 | $2,093 | $60,300 | $10,200 | $50,100 |
| 2023 | $1,906 | $60,300 | $10,200 | $50,100 |
| 2022 | $1,983 | $60,300 | $10,200 | $50,100 |
| 2021 | $1,981 | $60,300 | $10,200 | $50,100 |
| 2020 | $1,988 | $60,300 | $10,200 | $50,100 |
| 2019 | $2,319 | $60,300 | $10,200 | $50,100 |
| 2018 | $207 | $60,300 | $10,200 | $50,100 |
| 2017 | $1,633 | $60,300 | $10,200 | $50,100 |
| 2016 | $1,633 | $60,300 | $10,200 | $50,100 |
| 2015 | $1,635 | $60,300 | $10,200 | $50,100 |
| 2014 | $1,637 | $60,300 | $10,200 | $50,100 |
Source: Public Records
Agents Affiliated with this Home
-
Yasmin Bowman
-
CK Cheng
Buyer's Agent in 2021
CK Cheng
Tesla Realty Group, LLC
(844) 837-5274
2 in this area
11 Total Sales
Map
Source: Bright MLS
MLS Number: DENC523152
APN: 10-029.40-393
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