NOT LISTED FOR SALE

417 Delaware St New Castle, DE 19720

Estimated Value: $416,000 - $469,795

Studio
3 Baths
2,525 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $402,500 $159 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,451/month

103 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Asbestos
  • Wood Flooring
  • Hot Water Heating System
  • 2-minute walk to First State National Historical Park

About This Home

As of June 2022

***Back on the market through no fault of seller***
INCOME PROPERTY OPPORTUNITY! 417 Delaware Street is a brick, multi-family 3 unit building consisting of three 1 bedroom, 1 bathroom units. This historic building was built in 1855, is filled with character and was known as the Hyatt House. It is located in the heart of Old New Castle and is walkable to restaurants, shopping, the library and beautiful Battery Park. This building includes a shared laundry space in the unfinished basement, a 1 car shared garage used for tenants bikes and storage and a lovely backyard complete with a patio, a fish pond and gardens. The heater and water heater are less than 5 years old. Brand new plumbing was recently completed throughout the building. There are many possibilities here! Convert it back into a single family home, live in one unit and rent out the other two or collect rent on all three units. Property being sold in as-is condition.

Last Agent to Sell the Property

Heather Guerke

(302) 351-5000 maggie@lnf.com Long & Foster Real Estate, Inc. License #r3-0019008 Listed on: 02/12/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Heather Guerke

(302) 351-5000 maggie@lnf.com Long & Foster Real Estate, Inc. License #r3-0019008 Listed on: 02/12/2022

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 1855

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 44.00 x 132.00
  • Historic Home
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • Shared Driveway
  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Architectural Shingle Roof
  • Asbestos

Interior Spaces

  • 2,525 Sq Ft Home
  • Wood Flooring
  • Fire and Smoke Detector
  • Stove
  • Unfinished Basement

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 120/240V
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 015
  • Assessor Parcel Number 21-015.30-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,390

Year Built

Built in 1855

Lot Details

5,227 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Year Built: 1855
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Stove
  • Flooring Type: Hardwood
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2525
  • Living Area Sq Ft: 2525
  • Price Per Sq Ft: 178.22
  • Above Grade Finished Sq Ft: 2525
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick, Asbestos
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Shared Driveway
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: 120/240V, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 71800.00
  • Land Assessed Value: 16100.00
  • Lot Size Acres: 0.12
  • Lot Dimensions: 44.00 x 132.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Property Condition: Good
  • Zoning: 21HR
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2379846
  • School Tax: 2059.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3390.00
  • Assessor Parcel Number: 21-015.30-015
  • Tax Lot: 015
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2022
Closed on
Jun 24, 2022
Sold by
Flanningan Beverly R
Bought by
Egerton James M
Seller's Agent
Heather Guerke
Long & Foster Real Estate, Inc.
Buyer's Agent
Heather Guerke
Long & Foster Real Estate, Inc.
List Price
$450,000
Sold Price
$402,500
Premium/Discount to List
-$47,500
-10.56%
Current Estimated Value
$436,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,765
Avg. Annual Appreciation
2.23%
Original Mortgage
$301,875
Outstanding Balance
$286,806
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$149,459

Purchase Details

Closed on
Nov 18, 2020
Sold by
Whisman James A and Whisman Barbara W
Bought by
Trolley Associates Llc

Purchase Details

Closed on
Aug 23, 2005
Sold by
Flannigan Erik K P and Flannigan Beverly
Bought by
Flannigan Beverly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,500
Interest Rate
5.68%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Egerton James M -- Giordano Delcollo Werb & Gagne
Trolley Associates Llc -- None Available
Flannigan Beverly R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egerton James M $301,875
Previous Owner Flannigan Beverly R $240,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $402,500 -10.6% $159 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $450,000 0.0% $178 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $450,000 -- $178 / 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
2024 $2,523 $87,900 $16,100 $71,800
2023 $2,281 $87,900 $16,100 $71,800
2022 $2,370 $87,900 $16,100 $71,800
2021 $2,336 $87,900 $16,100 $71,800
2020 $2,360 $87,900 $16,100 $71,800
2019 $2,876 $87,900 $16,100 $71,800
2018 $425 $87,900 $16,100 $71,800
2017 $1,900 $87,900 $16,100 $71,800
2016 $1,900 $87,900 $16,100 $71,800
2015 $1,901 $87,900 $16,100 $71,800
2014 $1,902 $87,900 $16,100 $71,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2015800

Bright MLS

APN: 21-015.30-015

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