tomo logo

$6,630,000

Beds
3
Baths
1.0
sq ft
1,325

121 E Cleveland Ave, Newark, DE 19711

121 E Cleveland Ave

NEWARK, DE 19711

  • 174 days on market
INVESTOR ALERT! Here's a chance to own a portfolio of 10 properties that have performed consistently over 20+ years. This listing is part of a ten-property portfolio diversified across 3 categories: (6) College Rentals in excellent locations, (3) very high yield rooming houses and (1) Government Guaranteed rent, Section 8 housing with approx. 5 year long tenants. With the signed NDA and proof of funds Seller will show the property and give more information.

Details

Property type

Townhouse

Est. home value

$238,679

Lot size

2,178 sq ft

Price per sq ft

$5,004

Year built

1900

Annual property taxes

$1,157

HOA

No

Price History

03/28/2024
Bright

Bright #DENC2058636

Listed
$6,630,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CHRISTINA

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Northpointe Bank

Loan start date

May 2020

Original loan amount

$262,500

Est. remaining balance

$239,221

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Matthew Orticelle and Mary Jean Orticelle

Lender

Ctx Mtg

Loan start date

February 2001

Original loan amount

$77,500

Est. remaining balance

$31,986

Interest rate

6.89%

Loan type

Not Provided, 30 year

Seller

Mattew Orticelle and Mary Jean Orticelle

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/18/2024 at 12:45 AM

Listing updated: 08/14/2024 at 4:04 AM

Listed by: Corey J Harris, Crown Homes Real Estate Phone #: (302) 504-6147

MLS: Bright #DENC2058636

Bright logo

Recently listed in NEWARK

$320,000|3 bd|2.5 ba|Townhouse
$469,900|4 bd|2.5 ba|House
$789,900|4 bd|3.5 ba|House
$220,000|4 bd|2.0 ba|Townhouse
$284,900|2 bd|1.0 ba|House
$599,999|4 bd|2.5 ba|House
$735,000|5 bd|3.5 ba|House
$515,000|4 bd|3.5 ba|House
$355,000|4 bd|2.5 ba|House

Explore top cities in Delaware