NOT LISTED FOR SALE

Estimated Value: $206,000 - $224,465

-- Bed
2 Baths
1,375 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $140,000 $102 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,216/month

Highlights

  • Corner Lot
  • Ceiling Fan
  • Partially Carpeted
  • No HOA
  • Electric Baseboard Heater

About This Home

As of October 2019

Great opportunity to own this well maintained 2 unit property in New Castle. Fully occupied with great tenants in place. Each apartment has 1 good size bedroom, separate entrances and spacious living room. The first floor is rented at $700.00 and the second floor is rented for $650.00. This property also features a large corner lot and off street parking. All appliances are included. Laundry has coined washer and dryer. Property being sold in as is condition. 48 hours notice required. Within minutes to downtown business district to Wilmington, I-95 ramp and local Library.

Last Agent to Sell the Property

Irma Rodriguez

(302) 357-1823 soldbyirma@gmail.com Real Broker, LLC License #RS-0019876 Listed on: 07/26/2019

Last Buyer's Agent

KENNETH BRODIE

(302) 677-0770 ken@1stclassproperties.com First Class Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $792

Year Built

  • Built in 1936

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 64.30 x 100.00
  • Corner Lot
  • Property is in good condition

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Converted Dwelling
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,375 Sq Ft Home
  • Ceiling Fan
  • Partially Carpeted
  • Fire and Smoke Detector

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 330
  • Assessor Parcel Number 10-010.40-330

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Holloway Terrace Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$792

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Inclusions: All Appliances
  • New Construction: No
  • Year Built: 1936
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Partially Carpeted
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Basement: No
  • Total Sq Ft: 1375
  • Living Area Sq Ft: 1375
  • Price Per Sq Ft: 109.09
  • Above Grade Finished Sq Ft: 1375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 400

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: COLONIAL
  • School District Key: 300200396891
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.11
  • Lot Dimensions: 64.30 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: NC5
  • In City Limits: No

Rental Info

  • Rent Control: No
  • Total Actual Rent: 16200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 587.00
  • Tax Annual Amount: 792.00
  • Assessor Parcel Number: 10-010.40-330
  • Tax Lot: 330
  • Tax Total Finished Sq Ft: 1375
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/29/2019

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Oct 29, 2019
Sold by
Hess William T
Bought by
Football Weekedn Properties Llc
Seller's Agent
Irma Rodriguez
Real Broker, LLC
Buyer's Agent
KENNETH BRODIE
First Class Properties
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$215,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,233
Avg. Annual Appreciation
7.51%

Purchase Details

Closed on
Nov 6, 2000
Bought by
Hess William T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Football Weekedn Properties Llc -- None Available
Hess William T $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2019 10/29/19 Sold $140,000 -6.7% $102 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $150,000 -- $109 / 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 $855 $24,900 $4,500 $20,400
2023 $777 $24,900 $4,500 $20,400
2022 $810 $24,900 $4,500 $20,400
2021 $809 $24,900 $4,500 $20,400
2020 $0 $24,900 $4,500 $20,400
2019 $1,223 $24,900 $4,500 $20,400
2018 $367 $24,900 $4,500 $20,400
2017 $668 $24,900 $4,500 $20,400
2016 $668 $24,900 $4,500 $20,400
2015 $668 $24,900 $4,500 $20,400
2014 $668 $24,900 $4,500 $20,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC483992

Bright MLS

APN: 10-010.40-330