NOT LISTED FOR SALE

Estimated Value: $182,000 - $256,000

-- Bed
2 Baths
1,300 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 19, 2024

Last sale price $150,000 $115 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,238/month

65 Days on Market

About This Home

As of February 2024

Investor Alert! Rarely available duplex in the popular 9th Ward community. This two level duplex has two active paying tenants already in place. This is a wonderful opportunity for both seasoned and new investors to the investment world, or a savvy buyer looking to live in one unit and rent the other to save money on their mortgage. Being sold as-is, inspection report available.

Last Agent to Sell the Property

Rakan Abuzahra

Keller Williams Realty Wilmington Listed on: 11/18/2023

Keller Williams Realty Wilmington

Last Buyer's Agent

Abid Siddiq

Real Broker LLC License #2448463

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1920

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20.10 x 80.60

Parking

  • On-Street Parking

Home Design

  • 1,300 Sq Ft Home
  • Duplex
  • Reverse Style Home
  • Brick Exterior Construction
  • Brick Foundation

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 341
  • Assessor Parcel Number 26-015.30-341

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,214

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Reverse
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-11-18
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Alert! Rarely available duplex in the popular 9th Ward community. This two level duplex has two active paying tenants already in place. This is a wonderful opportunity for both seasoned and new investors to the investment world, or a savvy buyer looking to live in one unit and rent the other to save money on their mortgage. Being sold as-is, inspection report available.
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Price Per Sq Ft: 134.62
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 410

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.10 x 80.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2022
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 655.00
  • Tax Annual Amount: 1214.00
  • Assessor Parcel Number: 26-015.30-341
  • Tax Lot: 341
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/19/2024

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Feb 15, 2024
Sold by
Wimberly Robert L
Bought by
Mamnani Naresh M and Mamnani Anjana
Seller's Agent
Rakan Abuzahra
Keller Williams Realty Wilmington
Buyer's Agent
Abid Siddiq
Real Broker LLC
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Views
309
Current Estimated Value
$211,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,626
Avg. Annual Appreciation
24.11%
Original Mortgage
$112,500
Outstanding Balance
$111,069
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$94,552

Purchase Details

Listed on
Jan 12, 2019
Closed on
Apr 30, 2019
Sold by
Spina John and Kubler Dawn L
Bought by
Wimberly Robert L
Seller's Agent
Peter Meyer
Meyer & Meyer Realty
Buyer's Agent
Rakan Abuzahra
Keller Williams Realty Wilmington
List Price
$125,000
Sold Price
$162,200
Premium/Discount to List
$37,200
29.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.61%
Original Mortgage
$123,914
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2003
Sold by
Spina John and Kubler Diane L
Bought by
Spina John and Kubler Dawn L
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
Mamnani Naresh M -- None Listed On Document
Wimberly Robert L -- None Available
Spina John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mamnani Naresh M $112,500
Previous Owner Wimberly Robert L $123,914
Previous Owner Wimberly Robert L $4,956
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2024 02/19/24 Sold $150,000 -14.3% $115 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
12/20/2023 12/20/23 For Sale $175,000 0.0% $135 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/18/2023 11/18/23 For Sale $175,000 +7.9% $135 / Sq Ft
04/30/2019 04/30/19 Sold $162,200 +28.5% --
03/14/2019 03/14/19 Pending -- -- --
03/14/2019 03/14/19 Price Changed $126,200 +1.0% --
01/12/2019 01/12/19 For Sale $125,000 -- --
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 $827 $26,500 $4,300 $22,200
2023 $719 $26,500 $4,300 $22,200
2022 $722 $26,500 $4,300 $22,200
2021 $721 $26,500 $4,300 $22,200
2020 $725 $26,500 $4,300 $22,200
2019 $1,257 $26,500 $4,300 $22,200
2018 $798 $26,500 $4,300 $22,200
2017 $1,174 $26,500 $4,300 $22,200
2016 $1,174 $26,500 $4,300 $22,200
2015 $1,123 $26,500 $4,300 $22,200
2014 $1,066 $26,500 $4,300 $22,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2052272

Bright MLS

APN: 26-015.30-341