NOT LISTED FOR SALE

8 Wilson Dr New Castle, DE 19720

Estimated Value: $286,180 - $352,000

-- Bed
2 Baths
1,488 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $180,000 $121 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,768/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • En-Suite Primary Bedroom
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Radiator

About This Home

As of August 2016

Turn-key investment property--renters already in place. $23,100 gross rental income which includes $25/month garage rental for Unit A. Brick home with two apartments both with private entrance. Each unit has two bedrooms, living room, kitchen and bath. Hardwood floors throughout. Quiet street just off of S. DuPont Highway near the Route 40 split. Large lot, no through traffic, fenced rear yard. Storage shed available. In the basement each unit has their own washer/dryer and locked storage.

Last Agent to Sell the Property

Vicky Miller

(302) 354-4409 vmiller@psre.com Patterson-Schwartz-Middletown Listed on: 01/05/2016

Patterson-Schwartz-Middletown

Last Buyer's Agent

Peter Meyer

(302) 218-2790 peter@meyerrealty.net Meyer & Meyer Realty License #RB-0003304

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $745

Year Built

  • Built in 1949

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 60x200
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 5 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,488 Sq Ft Home
  • Wood Flooring

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1003000038

Community Details

Overview

  • No Home Owners Association

Building Details

  • Income includes parking
  • Insurance Expense $691
  • Operating Expense $5,218

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$745

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant's Personal Property
  • Inclusions: All Appliances (As Is Condition).
  • New Construction: No
  • Storage: Basement
  • Year Built: 1949
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1488
  • Living Area Sq Ft: 1488
  • Price Per Sq Ft: 124.33
  • Above Grade Finished Sq Ft: 1488
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Pitched
  • 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
  • Open Parking Spaces Count: 5
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Detached Garage

Utilities

  • Annual Heating Expense: 2592.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1190.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Assessed Value: 3000.00
  • Lot Size Acres: 0.28
  • Lot Dimensions: 60X200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12200.00
  • Property Condition: Good
  • Zoning: CR

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 23100.00
  • Income Includes: Parking
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2319877
  • Tax Annual Amount: 745.00
  • Assessor Parcel Number: 1003000038
  • Tax Year: 2015

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Ritchie John W
Bought by
Dejesus Delfino Moratin and Medina Esperanza Cervantes
Current Estimated Value
$316,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Outstanding Balance
$80,928
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$235,867

Purchase Details

Listed on
Jan 5, 2016
Closed on
Aug 17, 2016
Sold by
Krause Emerson Properties Llc
Bought by
Ritchie John W
Seller's Agent
Vicky Miller
Patterson-Schwartz-Middletown
Buyer's Agent
Peter Meyer
Meyer & Meyer Realty
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$135,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2012
Bought by
Krause-Emerson Properties Llc

Purchase Details

Closed on
Jan 13, 2012
Sold by
Zimny David J
Bought by
Cubera Macro Llc
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
Dejesus Delfino Moratin $230,000 None Available
Ritchie John W $180,000 Attorney
Krause-Emerson Properties Llc -- --
Krause Emerson Properties Llc $95,000 None Available
Cubera Macro Llc $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dejesus Delfino Moratin $122,500
Previous Owner Ritchie John W $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2016 08/17/16 Sold $180,000 -2.7% $121 / Sq Ft
06/26/2016 06/26/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $185,000 -- $124 / 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 $1,314 $39,400 $3,000 $36,400
2023 $1,191 $39,400 $3,000 $36,400
2022 $1,249 $39,400 $3,000 $36,400
2021 $1,249 $39,400 $3,000 $36,400
2020 $1,258 $39,400 $3,000 $36,400
2019 $2,220 $39,400 $3,000 $36,400
2018 $735 $39,400 $3,000 $36,400
2017 -- $39,400 $3,000 $36,400
2016 -- $39,400 $3,000 $36,400
2015 -- $39,400 $3,000 $36,400
2014 -- $39,400 $3,000 $36,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003944731

Bright MLS

APN: 10-030.00-038