NOT LISTED FOR SALE

Estimated Value: $196,000 - $244,872

Studio
1 Bath
1,850 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $260,000 $141 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $1,243/month

7 Days on Market

Highlights

  • 0.06 Acre Lot
  • No HOA
  • Electric Baseboard Heater
  • Colonial Architecture
  • Cooling Available
  • 4-minute walk to Michaels Playground

About This Home

As of December 2020

Solid Brick CASH COW investment opportunity near the popular River Riverfront consisting of 4 units, 3 one bedroom units and one efficiency, tenants pay their own utilities, owner pays water and sewer, some updated units with 3 off-street parking spots. Large basement you can install coin-op washers and dryers for additional income. Make your appointment today, listing agent must be present for all showings. 48 Hour notice required for all showings.

Last Agent to Sell the Property

Mario Alvarado

(302) 477-0400 tiagianakis@gmail.com Concord Realty Group License #RS-0014549 Listed on: 10/06/2020

Concord Realty Group

Last Buyer's Agent

Mario Alvarado

(302) 477-0400 tiagianakis@gmail.com Concord Realty Group License #RS-0014549 Listed on: 10/06/2020

Concord Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,697

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 40.00 x 71.60

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,850 Sq Ft Home
  • Partial Basement

Utilities

  • Cooling Available
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 26-049.30-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,697

Year Built

Built in 1900

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants Property
  • Home Warranty: No
  • Inclusions: 4 Stoves, 4 Refrigerators, 2 Wall Microwaves
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1850
  • Living Area Sq Ft: 1850
  • Price Per Sq Ft: 143.24
  • Above Grade Finished Sq Ft: 1850
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 28400.00
  • Land Assessed Value: 4100.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 40.00 x 71.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Zoning: 26M-1
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Total Actual Rent: 31440.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2417000
  • School Tax: 1010.00
  • Tax Annual Amount: 1697.00
  • Assessor Parcel Number: 26-049.30-003
  • Tax Lot: 003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Vacancy Allowance Rate: 10.00

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 3, 2020
Sold by
Vasconez Monica C and Vasconez Edwin M
Bought by
Rodriguez Salvador
Seller's Agent
Mario Alvarado
Concord Realty Group
Buyer's Agent
Mario Alvarado
Concord Realty Group
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Current Estimated Value
$221,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,282
Avg. Annual Appreciation
-3.02%
Original Mortgage
$238,095
Outstanding Balance
$211,976
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$9,742

Purchase Details

Closed on
Sep 15, 2018
Sold by
South Clayton Llc
Bought by
Vasconez Monica C and Vasconez Edwin M

Purchase Details

Closed on
May 30, 2018
Sold by
Cassidy Michael and Cassidy Diane M
Bought by
Ginski Gerald and Gizinski Angela

Purchase Details

Closed on
May 25, 2018
Sold by
Kauker Patricia L and Kauker James A
Bought by
One Pie Investments Llc and South Clayton Llc

Purchase Details

Closed on
Oct 31, 2007
Sold by
Kauker Patricia L and Kauker James A
Bought by
Bayview Holdings Llc

Purchase Details

Closed on
Feb 10, 2004
Sold by
Kauker Patricia L
Bought by
Kauker James A and Kauker Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
5.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2002
Sold by
Dearie James D and Dearie Joan M
Bought by
Kauker Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
7.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez Salvador -- None Available
Vasconez Monica C -- None Available
Ginski Gerald -- None Available
One Pie Investments Llc $95,000 None Available
Bayview Holdings Llc -- None Available
Kauker James A -- --
Kauker Patricia L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Salvador $238,095
Previous Owner Kauker James A $129,500
Previous Owner Kauker Patricia L $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2020 12/03/20 Sold $260,000 -1.9% $141 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $265,000 +1.9% $143 / Sq Ft
10/06/2020 10/06/20 Off Market $260,000 -- --
10/06/2020 10/06/20 For Sale $265,000 -- $143 / Sq Ft
Source: Bright MLS

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 $1,198 $32,500 $4,100 $28,400
2023 $1,168 $32,500 $4,100 $28,400
2022 $1,156 $32,500 $4,100 $28,400
2021 $1,126 $32,500 $4,100 $28,400
2020 $1,094 $32,500 $4,100 $28,400
2019 $1,600 $32,500 $4,100 $28,400
2018 $1,129 $32,500 $4,100 $28,400
2017 $1,507 $32,500 $4,100 $28,400
2016 $1,507 $32,500 $4,100 $28,400
2015 $1,412 $32,500 $4,100 $28,400
2014 $1,411 $32,500 $4,100 $28,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC510734

Bright MLS

APN: 26-049.30-003

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