NOT LISTED FOR SALE

404 N 2nd St Delmar, DE 19940

Estimated Value: $177,000 - $268,000

Studio
2 Baths
1,500 Sq Ft
$135/Sq Ft Est. Value

Sale Details

Date Sold: April 29, 2022

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

Est. 40% increase in value since last sale

Current estimated payment $1,122 / mo

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

(888) 860-7369 md.broker@exprealty.net EXP Realty, LLC License #623585 Listed on: 06/22/2021

EXP Realty, LLC

Last Buyer's Agent

Jose Santos

(800) 447-7711 santos@c21hometeam.com 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
  • Heating System Uses Natural Gas
  • 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

7,405 Sq Ft Lot

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
  • 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

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

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • 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
  • 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
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

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
$202,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,891
Avg. Annual Appreciation
8.83%
Original Mortgage
$116,000
Outstanding Balance
$109,044
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$93,847
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $554 $5,250 $550 $4,700
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2000706

Bright MLS

APN: 532-20.10-47.00

Your Personal Tour Guide

Ask me questions while you tour the home.