NOT LISTED FOR SALE

802 W 13th St New Castle, DE 19720

Estimated Value: $493,000 - $661,000

-- Bed
2 Baths
11,475 Sq Ft
$50/Sq Ft Est. Value

Last Sold November 28, 2012

Last sale price $250,000 $22 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,484/month

376 Days on Market

Highlights

  • 0.47 Acre Lot
  • Baseboard Heating
  • Wall to Wall Carpet
  • No HOA

About This Home

As of November 2012

This apartment building was originally a 7500 sq. ft. Residence. Over the years it has been converted to a 7 unit building. There is a large unit formerly occupied by the owner and 6 rental units. This property is solidly built and has a strong rental history. Located in a residential area, there is plenty of parking for tenants.

Last Agent to Sell the Property

Chris Cashman

(302) 545-2233 ccashman@psre.com Patterson-Schwartz-Newark License #AB067190 Listed on: 09/16/2011

Patterson-Schwartz-Newark

Last Buyer's Agent

Bonnie Sherr

(302) 547-4738 bonnie.sherr@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 204 x 100
  • Property is in good condition

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 11,475 Sq Ft Home
  • Wall to Wall Carpet
  • Laundry in unit

Finished Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2101300021

Community Details

Overview

  • No Home Owners Association
  • Washington Park Subdivision

Building Details

  • Electric Expense $4,435
  • Insurance Expense $3,473
  • Maintenance Expense $1,855
  • Other Expense $1,000
  • Operating Expense $20,418

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Inclusions: All Appliances In Units
  • New Construction: No
  • Other Expense: 1000.00
  • Year Built: 1972
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Entry Location: Common
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance, Fully Finished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 11475
  • Living Area Sq Ft: 11475
  • Price Per Sq Ft: 24.84
  • Above Grade Finished Sq Ft: 11475
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Shingle
  • 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: 8
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway

Utilities

  • Annual Heating Expense: 3068.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 4435.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 982.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 172300.00
  • Land Assessed Value: 13800.00
  • Lot Size Acres: 0.47
  • Lot Dimensions: 204 X 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20400.00
  • Property Condition: Good
  • Zoning: R-1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 56700.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6,Unit 7

Tax Info

  • Assessor Parcel Number: 2378734
  • Tax Annual Amount: 5605.00
  • Assessor Parcel Number: 2101300021
  • Tax Year: 2010

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2021
Sold by
Nelson Bryant P
Bought by
Nelson Properties Llc
Current Estimated Value
$577,000

Purchase Details

Listed on
Sep 16, 2011
Closed on
Nov 2, 2012
Sold by
Antonio Joseph G
Bought by
Nelson Bryant P
Seller's Agent
Chris Cashman
Patterson-Schwartz-Newark
Buyer's Agent
Bonnie Sherr
Long & Foster Real Estate, Inc.
List Price
$350,000
Sold Price
$250,000
Premium/Discount to List
-$100,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$401,205
Outstanding Balance
$280,240
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$296,760
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
Nelson Properties Llc -- None Available
Nelson Bryant P $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Bryant P $401,205
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2012 11/28/12 Sold $250,000 -28.6% $22 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
09/16/2011 09/16/11 For Sale $350,000 -- $31 / 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 $5,385 $187,600 $13,800 $173,800
2023 $4,868 $187,600 $13,800 $173,800
2022 $5,059 $187,600 $13,800 $173,800
2021 $4,985 $187,600 $13,800 $173,800
2020 $5,037 $187,600 $13,800 $173,800
2019 $6,996 $187,600 $13,800 $173,800
2018 $1,079 $187,600 $13,800 $173,800
2017 $4,055 $187,600 $13,800 $173,800
2016 $4,055 $187,600 $13,800 $173,800
2015 $4,057 $187,600 $13,800 $173,800
2014 $4,027 $186,100 $13,800 $172,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004521450

Bright MLS

APN: 21-013.00-021