NOT LISTED FOR SALE

Estimated Value: $282,541 - $423,000

Studio
2 Baths
2,534 Sq Ft
$134/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2012

Last sale price $70,000 $28 Per Sq Ft

Est. 382% increase in value since last sale

Current estimated payment $1,940 / mo

91 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wood Siding

About This Home

As of August 2012

R-7166 5 units in Bowers Beach. This would make a great investment. Needs major repairs but priced to sell.

Last Agent to Sell the Property

Steve Schmidt

(302) 678-4300 steve@delawarerealestate.com RE/MAX Horizons License #RB-0031118 Listed on: 05/14/2012

RE/MAX Horizons

Co-Listed By

Barbara Schmidt

(302) 678-4300 steve@delawarerealestate.com RE/MAX Horizons

Last Buyer's Agent

Steve Schmidt

(302) 678-4300 steve@delawarerealestate.com RE/MAX Horizons License #RB-0031118 Listed on: 05/14/2012

RE/MAX Horizons

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $527

Year Built

  • Built in 1940

Lot Details

  • 5,041 Sq Ft Lot
  • Lot Dimensions are 71x71
  • Property is in below average condition

Parking

  • Driveway

Home Design

  • 2,534 Sq Ft Home
  • Wood Siding

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0200-000
  • Assessor Parcel Number SM-01-11517-02-0200-000

Community Details

Overview

  • No Home Owners Association
  • Bowers Beach Subdivision

Building Details

  • Operating Expense $527

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$527

Year Built

Built in 1940

Lot Details

5,041 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 2534
  • Living Area Sq Ft: 2534
  • Price Per Sq Ft: 29.56
  • Above Grade Finished Sq Ft: 2534
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • 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
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 71X71
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5041.00
  • Property Condition: Below Average

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 2479082
  • Tax Annual Amount: 527.00
  • Assessor Parcel Number: SM-01-11517-02-0200-000
  • Tax Lot: 0200-000
  • Tax Year: 2011

MLS Schools

  • School District Name: LAKE FOREST

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2012
Closed on
Aug 16, 2012
Sold by
Pnc Bank National Association
Bought by
Seller's Agent
Steve Schmidt
RE/MAX Horizons
Buyer's Agent
Steve Schmidt
RE/MAX Horizons
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Current Estimated Value
$337,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,217
Avg. Annual Appreciation
11.89%

Purchase Details

Closed on
Oct 10, 2011
Sold by
Smith Michael R and Smith Cynthia L
Bought by
Pnc Bank Delaware
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$70,000 None Available
Pnc Bank Delaware $115,000 None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2012 08/28/12 Sold $70,000 -12.4% $28 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $79,900 -- $32 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $948 $263,300 $53,300 $210,000
2024 $944 $263,300 $53,300 $210,000
2023 $737 $31,300 $3,700 $27,600
2022 $658 $31,300 $3,700 $27,600
2021 $622 $31,300 $3,700 $27,600
2020 $649 $31,300 $3,700 $27,600
2019 $650 $31,300 $3,700 $27,600
2018 $643 $31,300 $3,700 $27,600
2017 $669 $31,300 $0 $0
2016 $612 $31,300 $0 $0
2015 $602 $31,300 $0 $0
2014 $593 $31,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003970334

Bright MLS

APN: 8-01-11517-02-0200-000

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