NOT LISTED FOR SALE

404 N 2nd St Delmar, DE 19940

Estimated Value: $153,205 - $243,000

-- Bed
2 Baths
1,500 Sq Ft
$129/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $145,000 $97 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,038/month

240 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Traditional Floor Plan
  • No HOA
  • Forced Air Heating System

About This Home

As of April 2022

Live in one unit & rent the other, Rent both, or convert this home back to a single-family home! So many options for this home in Downtown Delmar - minutes to parks, shopping, dining, & events. 30mi to the beloved Delaware Beaches. 2 units. Unit 1 is a 2BR/1BA, on the first floor; lots of storage, enclosed porch, spacious living room, dining area and kitchen. Unit 2 is a 1BR/1BA on the 2nd floor - large living room, & HUGE bedroom, eat-in kitchen. Great rental history - has been consistent since 2005. Sizes, taxes approximate.

Last Agent to Sell the Property

Brandon Brittingham

EXP Realty, LLC License #623585 Listed on: 06/22/2021

EXP Realty, LLC

Last Buyer's Agent

JOSE SANTOS

Century 21 Home Team Realty

Century 21 Home Team Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1919

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60.00 x 124.00
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Dwelling with Rental
  • Frame Construction
  • Shingle Siding

Interior Spaces

  • Main Floor Bedroom
  • 1,500 Sq Ft Home
  • Traditional Floor Plan
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Schools

  • Delmar Elementary And Middle School
  • Delmar High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 532-20.10-47.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$518

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial, Dwelling With Rental
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1919
  • Automatically Close On Close Date: No
  • Remarks Public: Live in one unit & rent the other, Rent both, or convert this home back to a single-family home! So many options for this home in Downtown Delmar - minutes to parks, shopping, dining, & events. 30mi to the beloved Delaware Beaches. 2 units. Unit 1 is a 2BR/1BA, on the first floor; lots of storage, enclosed porch, spacious living room, dining area and kitchen. Unit 2 is a 1BR/1BA on the 2nd floor - large living room, & HUGE bedroom, eat-in kitchen. Great rental history - has been consistent since 2005. Sizes, taxes approximate.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Oven/Range - Electric, Oven/Range - Gas, Water Heater
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In
  • Basement: No
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 97.27
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 404

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Shingle Siding
  • 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: DELMAR
  • Elementary School: DELMAR
  • Middle School: DELMAR
  • High School: DELMAR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397427
  • School District Source: Listing Agent
  • Elementary School: DELMAR
  • High School: DELMAR
  • Middle Or Junior School: DELMAR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Features: Cleared
  • Lot Size Acres: 0.17
  • Lot Dimensions: 60.00 x 124.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Total Actual Rent: 17100.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5231373
  • School Tax: 236.00
  • Tax Annual Amount: 518.00
  • Assessor Parcel Number: 532-20.10-47.00
  • Tax Total Finished Sq Ft: 480
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/29/2022

MLS Schools

  • School District Name: DELMAR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Apr 29, 2022
Sold by
Atlantic Bay Property Management Llc
Bought by
Pineyro Jose Miguel
Seller's Agent
Brandon Brittingham
EXP Realty, LLC
Buyer's Agent
JOSE SANTOS
Century 21 Home Team Realty
List Price
$154,900
Sold Price
$145,000
Premium/Discount to List
-$9,900
-6.39%
Current Estimated Value
$185,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,313
Avg. Annual Appreciation
9.25%
Original Mortgage
$116,000
Outstanding Balance
$109,230
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$84,571
Source: Public Records

Range of Values:

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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
Pineyro Jose Miguel $145,000 None Listed On Document
Pineyro Jose Miguel $145,000 Wolfe & Associates Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pineyro Jose Miguel $116,000
Closed Pineyro Jose Miguel $116,000
Previous Owner Atlantic Bay Property Management Llc $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $145,000 -0.6% $97 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
09/02/2021 09/02/21 Price Changed $145,900 -5.8% $97 / Sq Ft
06/22/2021 06/22/21 For Sale $154,900 -- $103 / 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 $278 $5,250 $550 $4,700
2023 $274 $5,250 $550 $4,700
2022 $266 $5,250 $550 $4,700
2021 $270 $5,250 $550 $4,700
2020 $260 $5,250 $550 $4,700
2019 $258 $5,250 $550 $4,700
2018 $259 $5,250 $0 $0
2017 $259 $5,250 $0 $0
2016 $258 $5,250 $0 $0
2015 $270 $5,250 $0 $0
2014 $229 $5,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandon Brittingham

    Seller's Agent in 2022

    Brandon Brittingham

    EXP Realty, LLC

    (443) 783-3928

    63 in this area

    927 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    JOSE SANTOS

    Century 21 Home Team Realty

    (302) 260-4319

    3 in this area

    60 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2000706

Bright MLS

APN: 532-20.10-47.00

Delaware Sussex County Delmar 19940

404 N 2nd St, Delmar, DE

This home is located at 404 N 2nd St, Delmar, DE 19940 since 22 June 2021 and is currently estimated at $193,801, approximately $129 per square foot. This property was built in 1919. 404 N 2nd St is a home located in Sussex County with nearby schools including Delmar Middle School, Delmar Elementary School, and Delmar High School.

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