C
Seller's Agent in 2022
Chidozie Osueke
Concord Realty Group
901 N Franklin St Wilmington, DE 19806
Estimated Value: $762,000
--
Bed
2
Baths
4,500
Sq Ft
$169/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Ceiling Fan
- Property is in very good condition
- Stainless Steel Appliances
- Electric Baseboard Heater
- 3-minute walk to Tilton Park
About This Home
As of July 2022This professionally managed triplex is in the heart of Cool Springs and less than one mile away from Trolley Square. All units are currently rented with $46,200 in annual gross revenue. As of June 1, 2022 prepaid rents total over $9,000.
The neighborhood is family friendly with large parks and annual street festivals. The building is one block away from 2 award winning private schools and about 5 minutes from the Blue Rocks Baseball Stadium.
All units have been recently renovated with upgrades in every room, including appliances. Each unit has a private entrance, separate gas/electric metering, and separate electric baseboard heating. Tenants pay their own utilities except for water, sewage, and trash.
This property is great for investors. The building has all new water heaters, electric circuit breakers, panels, and security cameras. Some units have new windows and roofing. Tenants enjoy coin operated laundry machines in the basement along with the option to rent private storage.
This triplex is a calling card for serious investors. Book all appoints with Listing Agent. Please Do not solicit or disturb tenants.
Last Agent to Sell the Property
Chidozie Osueke
(302) 503-2137 chido.osueke@gmail.com Concord Realty Group License #RS0025138 Listed on: 06/13/2022
Last Buyer's Agent
Chidozie Osueke
(302) 503-2137 chido.osueke@gmail.com Concord Realty Group License #RS0025138 Listed on: 06/13/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,340
Year Built
- Built in 1918 | Remodeled in 2021
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 26.00 x 90.00
- Historic Home
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Triplex
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
Interior Spaces
- 4,500 Sq Ft Home
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Gas Oven or Range
- ENERGY STAR Qualified Refrigerator
- Stainless Steel Appliances
Flooring
- Wood
- Vinyl
Laundry
- Electric Dryer
- Washer
Schools
- William C. Lewis Dual Language Elementary School
Utilities
- Window Unit Cooling System
- Vented Exhaust Fan
- Electric Baseboard Heater
- 150 Amp Service
- 120/240V
- Natural Gas Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- The owner pays for common area maintenance, water, sewer
- Tax Lot 016
- Assessor Parcel Number 26-027.20-016
Community Details
Overview
- 3 Units
- Building Winterized
Building Details
- Income includes apartment rentals, laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2022
Closed on
Jul 13, 2022
Sold by
Chidozie Osueke
Bought by
Blue Hen Holdings Llc
Seller's Agent
Chidozie Osueke
Concord Realty Group
Buyer's Agent
Chidozie Osueke
Concord Realty Group
List Price
$415,000
Sold Price
$435,000
Premium/Discount to List
$20,000
4.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,000
Avg. Annual Appreciation
19.08%
Purchase Details
Listed on
Jun 7, 2018
Closed on
Aug 6, 2018
Sold by
Turner Carl and Turner Lisa Ali
Bought by
Osueke Chidozie
Seller's Agent
Derek Eisenberg
Continental Real Estate Group
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.48%
Original Mortgage
$212,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 4, 2005
Sold by
Shi Jack Guoen and Shi Guoen
Bought by
Turner Carl and Ali Turner Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
5.85%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 10, 2004
Sold by
Shi Guoen and Li Zhe
Bought by
Shi Guoen
Purchase Details
Closed on
Oct 31, 2003
Sold by
Freibott Frederick S
Bought by
Shi Guoen and Li Zhe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
6.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 30, 2001
Sold by
Baker Headly G and Baker Nola G
Bought by
Freibott Frederick S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.05%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Blue Hen Holdings Llc | -- | Ward & Taylor Llc | |
| Osueke Chidozie | $265,000 | None Available | |
| Turner Carl | $288,000 | -- | |
| Shi Guoen | -- | -- | |
| Shi Guoen | $205,000 | -- | |
| Freibott Frederick S | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Osueke Chidozie | $212,000 | |
| Previous Owner | Turner Carl | $230,400 | |
| Previous Owner | Shi Guoen | $153,750 | |
| Previous Owner | Freibott Frederick S | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2022 07/15/22 | Sold | $435,000 | +4.8% | $97 / Sq Ft |
| 06/22/2022 06/22/22 | Pending | -- | -- | -- |
| 06/13/2022 06/13/22 | For Sale | $415,000 | +56.6% | $92 / Sq Ft |
| 08/13/2018 08/13/18 | Sold | $265,000 | +1.9% | -- |
| 07/12/2018 07/12/18 | Pending | -- | -- | -- |
| 06/07/2018 06/07/18 | For Sale | $260,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,106 | $67,500 | $13,500 | $54,000 |
| 2023 | $1,839 | $67,500 | $13,500 | $54,000 |
| 2022 | $1,839 | $67,500 | $13,500 | $54,000 |
| 2021 | $1,836 | $67,500 | $13,500 | $54,000 |
| 2020 | $1,846 | $67,500 | $13,500 | $54,000 |
| 2019 | $3,203 | $67,500 | $13,500 | $54,000 |
| 2018 | $2,434 | $67,500 | $13,500 | $54,000 |
| 2017 | $2,991 | $67,500 | $13,500 | $54,000 |
| 2016 | $2,991 | $67,500 | $13,500 | $54,000 |
| 2015 | $2,860 | $67,500 | $13,500 | $54,000 |
| 2014 | $2,715 | $67,500 | $13,500 | $54,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Derek Eisenberg
D
Seller's Agent in 2018
Derek Eisenberg
Continental Real Estate Group
(877) 996-5728
3,164 Total Sales
-
datacorrect BrightMLS
d
Buyer's Agent in 2018
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: DENC2025534
APN: 26-027.20-016
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