NOT LISTED FOR SALE

424 W Commerce St Smyrna, DE 19977

Estimated Value: $161,000 - $226,000

4 Beds
2 Baths
-- Sq Ft
3,910 Sq Ft Lot

Last Sold December 19, 2018

Last sale price $49,900

Est. 289% increase in value since last sale

Current estimated payment $1,089/month

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Central Air

About This Home

As of December 2018

Investor alert! This property offers 2 income producing opportunities! Both units of this duplex, now a shell, need major renovations! List price reflects condition.

Last Agent to Sell the Property

Mary Lynch

(302) 540-4004 mlynch@psre.com Patterson-Schwartz-Middletown Listed on: 10/05/2018

Patterson-Schwartz-Middletown

Last Buyer's Agent

Ken Brodie

ken@1stclassproperties.com First Class Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $501

Year Built

  • Built in 1900

Lot Details

  • 3,910 Sq Ft Lot
  • Lot Dimensions are 42 x 93

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Green Mdws Subdivision

Listing and Financial Details

  • Assessor Parcel Number DC-17-01017-03-1000-000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$501

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1900
  • Remarks Public: Investor alert! This property offers 2 income producing opportunities! Both units of this duplex, now a shell, need major renovations! List price reflects condition.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Net Sq Ft: 2128.00
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 424/426

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Electric, Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: SMYRNA
  • School District Key: 300200396884
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 42 X 93
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3910.00
  • Property Condition: Major Rehab Needed
  • Zoning: R3
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2422752
  • Tax Annual Amount: 501.00
  • Assessor Parcel Number: DC-17-01017-03-1000-000
  • Tax Year: 2017
  • Close Date: 12/19/2018

MLS Schools

  • School District Name: SMYRNA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2021
Sold by
Ryan Nicholas
Bought by
Ryan Holdings Llc
Current Estimated Value
$194,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Outstanding Balance
$94,568
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$99,530

Purchase Details

Closed on
Jul 29, 2021
Sold by
A & Acf Llc
Bought by
Ryan Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Outstanding Balance
$94,568
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$99,530
Source: Public Records

Range of Values:

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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
Ryan Holdings Llc -- None Available
Ryan Nicholas $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Nicholas $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2018 12/19/18 Sold $49,900 0.0% --
11/05/2018 11/05/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $49,900 -- --
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
2025 $673 $159,400 $29,200 $130,200
2024 $673 $159,400 $29,200 $130,200
2023 $356 $13,400 $2,800 $10,600
2022 $339 $13,400 $2,800 $10,600
2021 $333 $13,400 $2,800 $10,600
2020 $291 $13,400 $2,800 $10,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT100100

Bright MLS

APN: 1-17-010.17-03-10.01-000