NOT LISTED FOR SALE

33 E Commerce St Smyrna, DE 19977

Estimated Value: $220,000 - $331,000

-- Bed
3 Baths
1,916 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $205,000 $107 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,523/month

38 Days on Market

Highlights

  • Traditional Architecture
  • More Than Two Accessible Exits
  • 90% Forced Air Heating System

About This Home

As of August 2024

Great Opportunity to own a Multi Unit Building. Looking for something to add to the portfolio, or maybe to start out in the real estate world. This might just be your opportunity either way.
This is not your typical triplex property. This 3-unit multi-family property is located in the heart of Smyrna, DE near restaurants, pubs, shops, medical facilities, parks, public transportation, and close to Rt 1 ensuring convenience and accessibility for its residents. The property consists of three units, Unit A- 1bedroom/1 bath, stackable washer-dryer, appliances include gas stove and refrigerator purchased in 2021. Street parking in front of building. Unit B-UPSTAIRS -2 bedrooms/1 bath, washer/dryer hook-up, appliances include electric stove and refrigerator. Unit C- 1st floor entrance on side of building- 1 bedroom/1bath, no washer/dryer, appliances include gas stove and refrigerator. Units A & C are occupied with long term tenants. Each unit has separate meters, town water & sewer. This property also has a full basement that can be used for additional storage and a fantastic-sized backyard that could be made into a parking area. 33 E. Commerce Street is great for investors or for an owner that wants to reside in the building. Book all appoints through showing time with 24 hours minimum notice . Buyer responsible for due diligence as HOME IS BEING SOLD AS-IS.

Last Agent to Sell the Property

JOANNE CARTANZA

(302) 698-7702 joanne@delawarerealestateexperts.com First Class Properties License #RS0025409 Listed on: 04/26/2024

Last Buyer's Agent

Jill Sussman

(302) 399-9129 info@myskyrealty.com Sky Realty License #5756409

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $618

Year Built

  • Built in 1724

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 33.84 x 183.27

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Foundation
  • Stucco

Interior Spaces

  • 1,916 Sq Ft Home
  • Basement
  • Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Window Unit Cooling System
  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 5100-000
  • Assessor Parcel Number DC-17-01017-06-5100-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$618

Year Built

Built in 1724

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Tools in detached shed, lawnmower in back yard and other items that belong to the tenants. Personal items in basement
  • New Construction: No
  • Expected On Market: 2024-04-26
  • Year Built: 1724
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 1916
  • Living Area Sq Ft: 1916
  • Price Per Sq Ft: 123.96
  • Above Grade Finished Sq Ft: 1916
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 33.84 x 183.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6251.00
  • Zoning: C-C
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 471.00
  • Tax Annual Amount: 618.00
  • Assessor Parcel Number: DC-17-01017-06-5100-000
  • Tax Lot: 5100-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: SMYRNA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Aug 6, 2024
Sold by
G & B Partners Llc
Bought by
Daisy Deals Llc
Seller's Agent
JOANNE CARTANZA
First Class Properties
Buyer's Agent
Jill Sussman
Sky Realty
List Price
$270,000
Sold Price
$205,000
Premium/Discount to List
-$65,000
-24.07%
Views
109
Current Estimated Value
$274,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,044
Avg. Annual Appreciation
23.60%
Original Mortgage
$212,595
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 11, 2007
Sold by
G & B Partners Llc
Bought by
Town Of Smyrna

Purchase Details

Closed on
Jun 1, 1992
Bought by
G & B Partners, Llc and Brickman Jacob R
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
Daisy Deals Llc $205,000 None Listed On Document
Town Of Smyrna -- None Available
G & B Partners, Llc $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Daisy Deals Llc $212,595
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $205,000 -13.7% $107 / Sq Ft
06/04/2024 06/04/24 Price Changed $237,500 -12.0% $124 / Sq Ft
04/26/2024 04/26/24 For Sale $270,000 -- $141 / 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
2025 $1,046 $249,500 $48,800 $200,700
2024 $1,053 $249,500 $48,800 $200,700
2023 $561 $21,100 $4,100 $17,000
2022 $535 $21,100 $4,100 $17,000
2021 $524 $21,100 $4,100 $17,000
2020 $458 $21,100 $4,100 $17,000
2019 $462 $21,100 $4,100 $17,000
2018 $462 $21,100 $4,100 $17,000
2017 $461 $21,100 $0 $0
2016 $468 $21,100 $0 $0
2015 $469 $21,100 $0 $0
2014 $439 $21,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2026726

Bright MLS

APN: 1-17-01017-06-5100-000