NOT LISTED FOR SALE

31 Baylis St New Castle, DE 19720

Estimated Value: $265,000 - $289,000

-- Bed
2 Baths
1,950 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $149,000 $76 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,665/month

Highlights

  • Traditional Architecture
  • Central Air
  • Heat Pump System

About This Home

As of April 2019

Investment opportunity & Tenants are already in place and want to stay!! Duplex with 2BR, 1BA with private entrances, separate electric service, and more! There is also an attached storage shed behind the building and a newer HVAC. The 1st floor unit has been freshly painted and new carpet prior to tenant moving in and 2nd floor has had the same tenant for several year. Annual maintenance fee of $520 includes trash and snow removal as well as maintenance to the parking areas. The 1st floor unit has been freshly painted and new carpet prior to tenant moving in and 2nd floor has had the same tenant for several years. Current tenants are approved section 8 - 1st fl $825month / 2nd fl $800month.Annual maintenance fee of $520 includes trash and snow removal as well as maintenance to the parking areas.

Last Agent to Sell the Property

Delcollo & Salva Team

(302) 383-3576 delcollosalvatore@psre.com Patterson-Schwartz-Hockessin License #RS296883 Listed on: 03/04/2019

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Raymond Petkevis

(302) 685-4042 raypetkevis@gmail.com Keller Williams Delaware

Keller Williams Delaware

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,911

Year Built

  • Built in 1985

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $43 Monthly HOA Fees

Home Design

  • 1,950 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Parking

  • Driveway
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include snow removal, trash
  • 2 Units
  • Hampton Green Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-029.40-410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,911

Year Built

Built in 1985

Lot Details

0

HOA Fees

$43 per month

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: Appliance AS-IS. Dishwasher, 2 Stoves, 2 Refrigerators, 2 Washers, 2 Dryers.
  • New Construction: No
  • Year Built: 1985
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 80.97
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Street Lights
  • 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: Paved Parking
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 520.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash
  • HOA: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Good
  • Zoning: NCTH
  • In City Limits: No

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2319687
  • School Tax: 1416.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1911.00
  • Assessor Parcel Number: 10-029.40-410
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Apr 25, 2019
Sold by
Shaw Robert R
Bought by
Abu Zahra Rakan I
Seller's Agent
Delcollo & Salva Team
Patterson-Schwartz-Hockessin
Buyer's Agent
Raymond Petkevis
Keller Williams Delaware
List Price
$157,900
Sold Price
$149,000
Premium/Discount to List
-$8,900
-5.64%
Current Estimated Value
$275,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,936
Avg. Annual Appreciation
9.91%
Original Mortgage
$146,301
Outstanding Balance
$128,545
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$147,391

Purchase Details

Closed on
Nov 20, 2008
Sold by
Mancuso Jay S and Mancuso Irene J
Bought by
Shaw Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,310
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2004
Sold by
Walker William L and Wallace Howard
Bought by
Mancuso Jay S and Mancuso Irene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,900
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2001
Sold by
Titan Enterprises
Bought by
Walker William L and Wallace Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,300
Interest Rate
6.97%
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
Abu Zahra Rakan I -- None Available
Shaw Robert R $155,500 None Available
Mancuso Jay S $131,000 Transnation Title
Walker William L $91,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abu Zahra Rakan I $146,301
Previous Owner Shaw Robert R $150,310
Previous Owner Mancuso Jay S $117,900
Previous Owner Walker William L $82,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2019 04/25/19 Sold $149,000 -5.6% $76 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $157,900 -- $81 / 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 $2,086 $60,100 $8,500 $51,600
2023 $1,900 $60,100 $8,500 $51,600
2022 $1,976 $60,100 $8,500 $51,600
2021 $1,974 $60,100 $8,500 $51,600
2020 $1,981 $60,100 $8,500 $51,600
2019 $2,556 $60,100 $8,500 $51,600
2018 $482 $60,100 $8,500 $51,600
2017 $1,627 $60,100 $8,500 $51,600
2016 $1,627 $60,100 $8,500 $51,600
2015 $1,629 $60,100 $8,500 $51,600
2014 $1,632 $60,100 $8,500 $51,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC416996

Bright MLS

APN: 10-029.40-410