NOT LISTED FOR SALE

Estimated Value: $305,000 - $527,144

-- Bed
3 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold March 30, 2023

Last sale price $463,250

Est. 13% decrease in value since last sale

Current estimated payment $2,306/month

1 Day on Market

Highlights

  • 0.16 Acre Lot
  • Oversized Parking
  • Central Heating and Cooling System
  • 2 Car Detached Garage
  • Awning
  • Dwelling with Rental

About This Home

As of March 2023

This is not your typical Quadplex property. This building & the 4 separate units have been meticulously maintained by the current owner. 3 of the units have long term tenant with non issues. The largest 2 bedroom unit (1) on the main floor is the homeowners residence, and could be leased for $1,200 -$1,500. As you can see from the pictures this unit features a large eat in kitchen, with granite counters & ss appliances pantry & access to the office space. Nice flow & updates including tray ceiling, dimmers, recessed lights, updated bathroom with granite counters separate wc. Primary bedroom is a mirror image on both sides with 2 doors, 2 walk-in closets, switches, vents & lighting, so that if you want to divide this bedroom into 2 it would be simple. Then you would have a 3 bedroom unit & possibly command a higher rent. Laundry for this unit is on the lower level. The laundry room has access to the exterior of the building & houses the separate water tanks & electrical panels for each unit. Each unit also has their own electric meter & gas meter. The smaller 2 bedroom unit (2) on the lower level is compact, but has an open feel with the kitchen & living space flowing seamlessly. The second floor has 2, 1 bedroom units (3 &4) that are identical, both have their own stackable washer & dryers & ac/heating. All the units have their own entrance door & exit to the exterior of the property. The rear of the property offers patio area with awning & plenty of parking 5+ cars & an oversized double garage, that could also be an income source. All accessed from the driveway at the side of the property, which has recently been redone including painting of the exterior & all the concrete work. This property has so many options & great that you already have tenants in place. The new owner could live in one unit & collect the income on the other 3 units or rent it out to increase your return. The seller is willing to leave the unit (1) furnished minus a couple of pieces & personnel items, There are even options to rent the garage out if you choose. This multi-unit building is an opportunity not to miss, a quality property like this does not come around often. An open house will be scheduled soon, so you can see for yourself what a great investment this would be. Please note there are 2 Rodmans. Make sure you have 7 Rodman Road 19805 in your GPS .

Last Agent to Sell the Property

Julie Allport

(302) 507-7440 julie.allport@foxroach.com BHHS Fox & Roach-Concord License #RS318797 Listed on: 02/11/2023

BHHS Fox & Roach-Concord

Last Buyer's Agent

Jeff Derp

(302) 562-0942 jderp@hotmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,913

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 42.30 x 161.50
  • Property is in excellent condition

Parking

  • 2 Car Detached Garage
  • 5 Open Parking Spaces
  • Oversized Parking
  • Lighted Parking
  • Rear-Facing Garage
  • Driveway
  • Parking Lot
  • Off-Street Parking

Home Design

  • Quadruplex
  • Dwelling with Rental
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Awning
  • Finished Basement
  • Exterior Basement Entry

Schools

  • Baltz Elementary School
  • Alexis I.Dupont Middle School
  • Mckean High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 188
  • Assessor Parcel Number 19-005.00-188

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,913

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: 4 Refrigerators, 2 stackable washer/ dryer in Units. Washer & dryer in Laundry Room, 2nd washer & dryer in laundry belongs to the tenants in unit 2. Unit 1 fully furnished ( buyers option)
  • New Construction: No
  • Expected On Market: 2023-02-11
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Awning(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Lighted Parking, Private
  • Garage Features: Garage - Rear Entry, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Detached Garage, Driveway, Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BALTZ
  • High School: MCKEAN
  • Middle Or Junior School: ALEXIS I.DUPONT

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 42.30 x 161.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Property Condition: Excellent
  • Zoning: 19R1
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Long Term
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1654.00
  • Tax Annual Amount: 1913.00
  • Assessor Parcel Number: 19-005.00-188
  • Tax Lot: 188
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2023
Closed on
May 2, 2023
Sold by
Stapen Jeffrey S
Bought by
Alibrax Series Llc-7 Rodman
Seller's Agent
Julie Allport
BHHS Fox & Roach-Concord
Buyer's Agent
Jeff Derp
Long & Foster Real Estate, Inc.
List Price
$397,900
Sold Price
$463,250
Premium/Discount to List
$65,350
16.42%
Views
100
Current Estimated Value
$404,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,464
Avg. Annual Appreciation
-4.87%
Original Mortgage
$347,438
Outstanding Balance
$337,277
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$67,509

Purchase Details

Listed on
Feb 11, 2023
Closed on
Mar 31, 2023
Sold by
Snook Ronald
Bought by
Stapen Jeffrey S
Seller's Agent
Julie Allport
BHHS Fox & Roach-Concord
Buyer's Agent
Jeff Derp
Long & Foster Real Estate, Inc.
List Price
$397,900
Sold Price
$463,250
Premium/Discount to List
$65,350
16.42%
Views
100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,438
Outstanding Balance
$337,277
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$67,509

Purchase Details

Closed on
Feb 13, 2020
Sold by
T & R Realty Llc
Bought by
Pantano Thomas P and Snook Ronald E

Purchase Details

Closed on
Jan 19, 2010
Sold by
Snook Ronald and Pantano Thomas
Bought by
T & R Realty Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alibrax Series Llc-7 Rodman -- None Listed On Document
Stapen Jeffrey S -- --
Pantano Thomas P -- None Available
T & R Realty Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stapen Jeffrey S $347,438
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $463,250 +16.4% --
02/13/2023 02/13/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $397,900 -- --
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
2024 $2,194 $66,900 $5,900 $61,000
2023 $1,924 $66,900 $5,900 $61,000
2022 $1,913 $66,900 $5,900 $61,000
2021 $1,859 $66,900 $5,900 $61,000
2020 $1,870 $66,900 $5,900 $61,000
2019 $2,400 $66,900 $5,900 $61,000
2018 $471 $66,900 $5,900 $61,000
2017 $1,788 $66,900 $5,900 $61,000
2016 $1,788 $66,900 $5,900 $61,000
2015 $1,660 $66,900 $5,900 $61,000
2014 $1,517 $66,900 $5,900 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2037500

Bright MLS

APN: 19-005.00-188