NOT LISTED FOR SALE

5 Revelle St New Castle, DE 19720

Estimated Value: $265,000 - $296,000

-- Bed
2 Baths
1,950 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $97,500 $50 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,645/month

Highlights

  • No HOA
  • Central Air
  • Back Up Electric Heat Pump System
  • En-Suite Primary Bedroom

About This Home

As of September 2013

Investor Alert!!! Excellent Opportunity to own a 2 unit duplex in Hampton Green Subdivision. Subject is being marketed as Cash Only. Proof of funds is necessary for purchase. This is an as is sale. Inspections are for informational purpose only.

Last Agent to Sell the Property

David Edwards

(215) 880-5552 daveedwards302@comcast.net Five Star RE License #RM423916 Listed on: 07/14/2013

Last Buyer's Agent

David Landon

(302) 218-8473 davelandon@gmail.com Patterson-Schwartz-Newark License #521092

Patterson-Schwartz-Newark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,317

Year Built

  • Built in 1984

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 27x110
  • Property is in below average condition

Home Design

  • 1,950 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces

Utilities

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

Listing and Financial Details

  • Tax Lot 311
  • Assessor Parcel Number 10-029.40-311

Community Details

Overview

  • No Home Owners Association
  • Hampton Green Subdivision

Building Details

  • Operating Expense $1,317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,317

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 51.23
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump - Electric 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

Lot Info

  • Improvement Assessed Value: 52300.00
  • Land Assessed Value: 7700.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 27X110
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Below Average
  • Zoning: NCTH

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2319592
  • Tax Annual Amount: 1317.00
  • Assessor Parcel Number: 10-029.40-311
  • Tax Lot: 311
  • Tax Year: 2012

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2014
Sold by
Pandit Mohan P and Pandit Sonali Mohan
Bought by
O4m Holdings Llc Series Seven
Current Estimated Value
$280,500

Purchase Details

Listed on
Jul 14, 2013
Closed on
Sep 6, 2013
Sold by
The Bank Of New York Mellon
Bought by
Pandit Mohan
Seller's Agent
David Edwards
Five Star RE
Buyer's Agent
David Landon
Patterson-Schwartz-Newark
List Price
$99,900
Sold Price
$97,500
Premium/Discount to List
-$2,400
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%

Purchase Details

Closed on
Jul 12, 2013
Sold by
Fagbami Ellis and Fagbami Lucy O
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 3, 2006
Sold by
Delapo Properties Llc
Bought by
Fagbami Ellis and Fagbami Lucy O

Purchase Details

Closed on
Feb 17, 2005
Sold by
Delapo Angelo and Delapo Anna Marie
Bought by
Delapo Properties Llc

Purchase Details

Closed on
Mar 16, 2004
Sold by
Walker William L
Bought by
Delapo Angelo and Delapo Anna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,100
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
O4m Holdings Llc Series Seven -- None Available
Pandit Mohan P -- None Available
Pandit Mohan $97,500 Advantage Title Company
The Bank Of New York Mellon $81,000 None Available
Fagbami Ellis $177,500 None Available
Delapo Properties Llc -- --
Delapo Angelo $132,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delapo Angelo $106,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2013 09/12/13 Sold $97,500 -2.4% $50 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
07/14/2013 07/14/13 For Sale $99,900 -- $51 / 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 $2,083 $60,000 $7,700 $52,300
2023 $1,897 $60,000 $7,700 $52,300
2022 $1,973 $60,000 $7,700 $52,300
2021 $1,971 $60,000 $7,700 $52,300
2020 $0 $60,000 $7,700 $52,300
2019 $2,335 $60,000 $7,700 $52,300
2018 $1,946 $60,000 $7,700 $52,300
2017 $1,822 $60,000 $7,700 $52,300
2016 $1,624 $60,000 $7,700 $52,300
2015 -- $60,000 $7,700 $52,300
2014 $1,629 $60,000 $7,700 $52,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003518978

Bright MLS

APN: 10-029.40-311