NOT LISTED FOR SALE

Estimated Value: $95,298 - $187,000

-- Bed
2 Baths
1,725 Sq Ft
$84/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $109,900 $64 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $857/month

Highlights

  • Traditional Floor Plan
  • Multiple cooling system units
  • Carpet
  • Traditional Architecture
  • Forced Air Heating System
  • 2-minute walk to Madison Street Playground

About This Home

As of April 2022

Seller says, no exceptions, this duplex is being sold in "as is" condition! Cash or Conventional buyers only! Priced to sell quickly and fully occupied with great paying month to month tenants. Great rental income. This sale is only due to a seller re-location. First floor is a one bedroom and the second floor is a two bedroom. Tenants must be honored on all showings, so call the showing agent to arrange showings.

Last Agent to Sell the Property

Melinda Proctor

(302) 420-9526 mapline@comcast.net RE/MAX Associates-Hockessin License #R3-012322 Listed on: 03/31/2022

RE/MAX Associates-Hockessin

Co-Listed By

Brittany Proctor

(202) 630-2228 brittanyproctor@remax.net RE/MAX Associates-Hockessin License #647966

Last Buyer's Agent

Julie Cicone

(302) 379-3418 julie.cicone@psre.com Patterson-Schwartz-Middletown License #RS-0023883

Patterson-Schwartz-Middletown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,543

Year Built

  • Built in 1879

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 15.00 x 56.50
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,725 Sq Ft Home
  • Traditional Floor Plan
  • Carpet
  • Oven

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 399
  • Assessor Parcel Number 26-034.20-399

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,543

Year Built

Built in 1879

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-03-31
  • Year Built: 1879
  • Automatically Close On Close Date: No
  • Remarks Public: Seller says, no exceptions, this duplex is being sold in "as is" condition! Cash or Conventional buyers only! Priced to sell quickly and fully occupied with great paying month to month tenants. Great rental income. This sale is only due to a seller re-location. First floor is a one bedroom and the second floor is a two bedroom. Tenants must be honored on all showings, so call the showing agent to arrange showings.
  • Special Features: None

Interior Features

  • Appliances: Oven - Single
  • Interior Amenities: Carpet, Floor Plan - Traditional
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 1725
  • Living Area Sq Ft: 1725
  • Price Per Sq Ft: 63.71
  • Above Grade Finished Sq Ft: 1725
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 811

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Multi Units
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 26500.00
  • Land Assessed Value: 2500.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 56.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: 26R-4
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: None
  • Total Actual Rent: 19200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2409823
  • School Tax: 932.00
  • Tax Annual Amount: 1543.00
  • Assessor Parcel Number: 26-034.20-399
  • Tax Lot: 399
  • Tax Total Finished Sq Ft: 1725
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/28/2022

Multi Family

  • Gross Income: 19200.00
  • Gross Scheduled Income: 19200.00
  • Single Room Units Count: 3

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2023
Sold by
Seaman Michael A
Bought by
Erms Investments Llc
Current Estimated Value
$144,766

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 23, 2022
Sold by
Romayne Brown
Bought by
Seaman Michael A
Seller's Agent
Melinda Proctor
RE/MAX Associates-Hockessin
Buyer's Agent
Julie Cicone
Patterson-Schwartz-Middletown
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%

Purchase Details

Closed on
Oct 7, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Brown Romayne

Purchase Details

Closed on
Jun 23, 2011
Sold by
Beruh David M
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 2, 2008
Sold by
Beruh David
Bought by
Urban Gazelle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 28, 2007
Sold by
Dewitt Khary V
Bought by
Beruh David

Purchase Details

Closed on
Jan 4, 2005
Sold by
Ferris Properties Inc
Bought by
Dewitt Khary V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2002
Sold by
Eid Properties Inc
Bought by
Ferris Properties Inc
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
Erms Investments Llc -- None Listed On Document
Seaman Michael A -- None Listed On Document
Brown Romayne $16,000 None Available
Federal Home Loan Mortgage Corp $40,000 None Available
Urban Gazelle Llc -- None Available
Beruh David $58,300 None Available
Dewitt Khary V $109,000 --
Ferris Properties Inc $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dewitt Khary V $87,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $109,900 0.0% $64 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $109,900 0.0% $64 / Sq Ft
03/31/2022 03/31/22 Off Market $109,900 -- --
03/31/2022 03/31/22 For Sale $109,900 -- $64 / 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 $1,069 $29,000 $2,500 $26,500
2023 $1,042 $29,000 $2,500 $26,500
2022 $1,032 $29,000 $2,500 $26,500
2021 $976 $29,000 $2,500 $26,500
2020 $976 $29,000 $2,500 $26,500
2019 $1,427 $29,000 $2,500 $26,500
2018 $2,085 $29,000 $2,500 $26,500
2017 $1,345 $29,000 $2,500 $26,500
2016 $1,345 $29,000 $2,500 $26,500
2015 $1,260 $29,000 $2,500 $26,500
2014 $1,259 $29,000 $2,500 $26,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2020082

Bright MLS

APN: 26-034.20-399