Seller's Agent in 2021
Peter Meyer
Meyer & Meyer Realty
(302) 218-2790
11 in this area
128 Total Sales
4028 New Castle Ave New Castle, DE 19720
Minquadale NeighborhoodEstimated Value: $265,000 - $378,000
--
Bed
3
Baths
800
Sq Ft
$389/Sq Ft
Est. Value
Highlights
- A-Frame Home
- Hot Water Heating System
- Asbestos
- No HOA
About This Home
As of December 2021Here is your chance to get Four unit rental in the county, two buildings, each building has two units. This investment has a long term proven positive cash flow. Three long term tenants, two of the three have been there for over 10 years. Tenant's rent is below market, however they are very good paying tenants, you can either keep them or turn the unit and increase your cash flow. Unit # 1 is over 1200 sqft feet and ready for rental or a buyer can move into it and have the tenants pay your mortgage. Tenants pay for their own utilities, front building roof was just installed 3 years ago, off street parking and ready to add to your investment portfolio. Coventional or cash purchase only, no Fha financing. Owner is a licensed Delaware realtor. Call for your private tour today !!!
Last Agent to Sell the Property
(302) 218-2790 peter@meyerrealty.net Meyer & Meyer Realty License #RB-0003304 Listed on: 04/18/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $755
Year Built
- Built in 1910
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 59.60 x 125.00
Home Design
- Quadruplex
- A-Frame Home
- Transitional Architecture
- Shingle Roof
- Asbestos
- Stucco
Interior Spaces
- 800 Sq Ft Home
- Basement Fills Entire Space Under The House
- Stove
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- On-Street Parking
Utilities
- Hot Water Heating System
- Electric Baseboard Heater
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for sewer, water
- Tax Lot 009
- Assessor Parcel Number 10-005.00-009
Community Details
Overview
- No Home Owners Association
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
- Insurance Expense $750
- Trash Expense $500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2021
Closed on
Dec 29, 2021
Sold by
Dagny Llc
Bought by
King Joseph and Donti Nikita
Seller's Agent
Peter Meyer
Meyer & Meyer Realty
Buyer's Agent
Heather Sinclair
EXP Realty, LLC
List Price
$395,900
Sold Price
$305,000
Premium/Discount to List
-$90,900
-22.96%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,307
Avg. Annual Appreciation
-0.43%
Original Mortgage
$228,750
Outstanding Balance
$212,385
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$87,727
Purchase Details
Closed on
Aug 9, 2017
Sold by
Meyer Peter
Bought by
Dagny Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 10, 1998
Bought by
Meyer & Meyer Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| King Joseph | -- | Ward & Taylor Llc | |
| Dagny Llc | -- | None Available | |
| Meyer Peter | -- | None Available | |
| Meyer Peter | -- | None Available | |
| Meyer & Meyer Inc | $29,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | King Joseph | $228,750 | |
| Previous Owner | Meyer Peter | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2021 12/30/21 | Sold | $305,000 | -10.3% | $381 / Sq Ft |
| 12/16/2021 12/16/21 | Pending | -- | -- | -- |
| 10/02/2021 10/02/21 | Price Changed | $339,900 | -2.9% | $425 / Sq Ft |
| 09/19/2021 09/19/21 | Price Changed | $349,900 | -2.8% | $437 / Sq Ft |
| 07/06/2021 07/06/21 | Price Changed | $359,900 | -9.1% | $450 / Sq Ft |
| 04/18/2021 04/18/21 | For Sale | $395,900 | 0.0% | $495 / Sq Ft |
| 03/16/2021 03/16/21 | Rented | $1,150 | 0.0% | -- |
| 02/26/2021 02/26/21 | For Rent | $1,150 | 0.0% | -- |
| 02/17/2021 02/17/21 | Rented | $1,150 | 0.0% | -- |
| 02/01/2021 02/01/21 | For Rent | $1,150 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $794 | $23,800 | $2,800 | $21,000 |
| 2023 | $576 | $23,800 | $2,800 | $21,000 |
| 2022 | $604 | $23,800 | $2,800 | $21,000 |
| 2021 | $755 | $23,800 | $2,800 | $21,000 |
| 2020 | $760 | $23,800 | $2,800 | $21,000 |
| 2019 | $1,628 | $23,800 | $2,800 | $21,000 |
| 2018 | $964 | $23,800 | $2,800 | $21,000 |
| 2017 | $621 | $23,800 | $2,800 | $21,000 |
| 2016 | $621 | $23,800 | $2,800 | $21,000 |
| 2015 | $621 | $23,800 | $2,800 | $21,000 |
| 2014 | $622 | $23,800 | $2,800 | $21,000 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Meyer
-
Heather Sinclair
Buyer's Agent in 2021
Heather Sinclair
EXP Realty, LLC
(302) 983-6553
10 in this area
44 Total Sales
Map
Source: Bright MLS
MLS Number: DENC524766
APN: 10-005.00-009
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