121 Spruance Road

Closed 5/26/16

Last Sold Price

$375,000

15 beds5 baths1,848 sqft$203/sqft

121 Spruance Rd, Dover, DE 19901

Description

R-9055 CASH FLOW for investors at 121 Spruance Rd. with this opportunity to own 5 - 1848sq. ft. rental townhouse units in one location, each with 3 Bedrooms / 1.5 Baths, built in 2002 with City of Dover utilities, fully occupied with some long term tenants. Owner retiring. New tenant moving in unit #2 - 11/1/15.R-9055 CASH FLOW for investors at 121 Spruance Rd. with this opportunity to own 5 - 1848sq. ft. rental townhouse units in one location, each with 3 Bedrooms / 1.5 Baths, built in 2002 with City of Dover utilities, fully occupied with some long term tenants. Owner retiring. New tenant moving in unit #2 - 11/1/15.

LISTING CLOSED: 05/26/2016 12:00 AM

Listed by Robert L Sacra • RE/MAX Horizons
P: (302) 632-5757 bobsacra@remax.net

Property Details for 121 Spruance Road

Status

Closed

MLS #

1002728626

Days on Market

158

Taxes

$5,479 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi-Family / Fee Simple

Year Built

2002

Lot Size

0.08 AC / 3,516 SF

County

Kent County

Tax ID Number

ED-05-06814-03-5900-000

Ownership

Fee Simple

Condo Coop Association

HOA

Structure Type

Interior Row/Townhouse

Style

Other

Waterfront

Garage

Subdivision

DOVER HGTS

Subdivision

DOVER HGTS (KENT DE)

Cross Street

WHITE OAK

Total Parking Spaces

Central Air

Yes

Basement

Above Grade Finished SQFT

1,848.00

Above Grade Fin SQFT Source

Estimated

New Construction

Construction Completed

Property Condition

Good

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Location

Listing Courtesy of RE/MAX Horizons

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Building Information for 121 Spruance Road

Stories-Residences-Year Built2002Building Size-Lot Size0.08 AC / 3,516 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage¹

$2,363 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,906

Property Taxes

$457

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 121 Spruance Road

Location

School District Name: CAPITAL
School District County ID: 300200396888

County: KENT
MLS Area: Capital (30802)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Taxes and Assessment

Tax Year: 2015
Tax Assessed Value: $167,300

Improvement Assessed Value: $0
Land Assessed Value: $0
Zoning: RG3
Tax Lot: 5900-000

Lease Information

Concessions: No

Unit Information

Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Rooms

Room List: Primary Bedroom

Multi Family

Unit 1

Type: Unit 5
Unit Type Occupied YN: Yes

Beds Total: 3
Half Baths Count: 1
Full Baths Count: 1
Unit Type Baths Total: 2
Unit Type Features: SINCE 3/20/13

Unit 2

Type: Unit 1
Unit Type Occupied YN: Yes

Beds Total: 3
Half Baths Count: 1
Full Baths Count: 1
Unit Type Baths Total: 2
Unit Type Features: SINCE 3/1/02

Unit 3

Type: Unit 2
Unit Type Occupied YN: Yes

Beds Total: 3
Half Baths Count: 1
Full Baths Count: 1
Unit Type Baths Total: 2
Unit Type Features: SINCE 2/1/13

Unit 4

Type: Unit 3
Unit Type Occupied YN: Yes

Beds Total: 3
Half Baths Count: 1
Full Baths Count: 1
Unit Type Baths Total: 2
Unit Type Features: SINCE 6/15/15

Unit 5

Type: Unit 4
Unit Type Occupied YN: Yes

Beds Total: 3
Half Baths Count: 1
Full Baths Count: 1
Unit Type Baths Total: 2
Unit Type Features: SINCE 5/1/10

Financial Information

Expenses

Annual Gross Expense: $5,271

Financial Information

Gross Income: $49,200

Building Info

Total Finished SQFT: 1,848.00
Total SQFT: 1,848.00

Construction Materials: Vinyl Siding
Roof: Pitched, Shingle
Ext Main Mid-res: http://bright-media.brightmls.com/bright/images/0000/3006/7082/4223/300670824223_512_384_WM_n-lehJy-cQ5hAlL7.jpg
Flooring Type: Fully Carpeted, Vinyl
Foundation Details: Concrete Perimeter

Lot / Land Information

Lot Size Dimensions: 35X100
Sign On Property: No

Parcel ID: 2433478

Parking

Type Of Parking: On Street, Driveway
Total Non-Garage Parking Spaces: 2

Parking Features: Street

Interior Features

Fireplace: No
Accessibility Features: None

Laundry Type: Has Laundry
Virtual Tour URL Unbranded: http://tour.circlepix.com/home2/73RPLQ

Exterior Features

Exterior Features: Sidewalks
Pool: No Pool

Other Structures: Above Grade

Utilities

Heating: Yes
Cooling Type: Central A/C

Heating Type: Heat Pump - Electric BackUp, Forced Air
Hot Water: Electric
Water Source: Public
Sewer Septic: Public Sewer
Electric Service: 100 Amp Service, Circuit Breakers

Confidential Data

Listing Office

List Agent AOR: Kent County Association of REALTORS

Property History for 121 Spruance Road

Date	Event & Source	Price	Appreciation
May 26, 2016	Closed (Public Record) Public Record #571434737	$375,000	—
May 26, 2016	Closed BRIGHT #1002728626	$375,000	—
Apr 4, 2016	Pending BRIGHT #1002728626		—
Oct 30, 2015	Listed (Active) BRIGHT #1002728626	$399,900	—
Aug 11, 2005	Closed BRIGHT #DEKT126082	$150,000	—
Jun 29, 2005	Pending BRIGHT #DEKT126082		—
Jun 13, 2005	Listed (Active) BRIGHT #DEKT126082	$210,000	—
Nov 15, 2001	Withdrawn BRIGHT #DEKT217668	$79,900	—
Nov 15, 2001	Listed (Active) BRIGHT #DEKT217668	$79,900	—
Mar 31, 1999	Closed BRIGHT #DEKT158116	$26,000	—
Mar 15, 1999	Pending BRIGHT #DEKT158116		—
Feb 2, 1999	Listed (Active) BRIGHT #DEKT158116	$44,900	—
Jan 7, 1999	Withdrawn BRIGHT #DEKT211004	$42,000	—
Jan 7, 1999	Listed (Active) BRIGHT #DEKT211004	$42,000	—

Date	Event & Source	Price
05/26/2016	Closed (Public Record) Public Record #571434737	$375,000
05/26/2016	Closed BRIGHT #1002728626	$375,000
04/04/2016	Pending BRIGHT #1002728626	—
10/30/2015	Listed (Active) BRIGHT #1002728626	$399,900
08/11/2005	Closed BRIGHT #DEKT126082	$150,000
06/29/2005	Pending BRIGHT #DEKT126082	—
06/13/2005	Listed (Active) BRIGHT #DEKT126082	$210,000
11/15/2001	Withdrawn BRIGHT #DEKT217668	$79,900
11/15/2001	Listed (Active) BRIGHT #DEKT217668	$79,900
03/31/1999	Closed BRIGHT #DEKT158116	$26,000
03/15/1999	Pending BRIGHT #DEKT158116	—
02/02/1999	Listed (Active) BRIGHT #DEKT158116	$44,900
01/07/1999	Withdrawn BRIGHT #DEKT211004	$42,000
01/07/1999	Listed (Active) BRIGHT #DEKT211004	$42,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 121 Spruance Road

Taxable ValueLand$118,000Additions$557,600Total$675,600

Tax Record2023$4,927 ($411 / month)

Home Facts

Beds3Baths10Total Finished SqFt1,848 SqFtAbove Grade Finished SqFt1,848 SqFtStories2Lot Size12,632 SqFtStyleSingle Family ResidenceYear Built2002ZoningRG3CountyKENTAPN2-05-068.14-03-59.00-000

Schools near 121 Spruance Road

This home is within Capital School District.


Rating	School	Type	Grades	Distance
3/10	East Dover Elementary School	Public - Serves this home	K to 4	1.0 mi
1/10	William Henry Middle School	Public - Serves this home	5	1.7 mi
NR	Central Middle School	Public - Serves this home	7 to 8	0.8 mi
NR	Dover High School	Public - Serves this home	9 to 12	3.5 mi
NR	Kent County Secondary Intensive Learning Center	Public - Choice school	K to 12	1.1 mi
NR	Kent County Community School	Public - Choice school	PK to 12	1.7 mi


Rating	School	Distance
3/10	East Dover Elementary School PublicK to 4 Serves this home	1.0 mi
1/10	William Henry Middle School Public5 Serves this home	1.7 mi
NR	Central Middle School Public7 to 8 Serves this home	0.8 mi
NR	Dover High School Public9 to 12 Serves this home	3.5 mi
NR	Kent County Secondary Intensive Learning Center PublicK to 12 Choice school	1.1 mi
NR	Kent County Community School PublicPK to 12 Choice school	1.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 121 Spruance Road, Dover, DE 19901	$375,000	15	5	1,848	3,516
125 Spruance Road, Dover, DE 19901	$160,300	3	3	1,248	5,227
119 Spruance Road, Dover, DE 19901	$32,500	3	1	876	7,405
112 Spruance Road, Dover, DE 19901	$125,000	3	2	1,056	7,640
116 Spruance Road, Dover, DE 19901	$65,000	2	2	1,064	5,227
103 Spruance Road, Dover, DE 19901	–	3	2	1,056	9,583
118 Spruance Road, Dover, DE 19901	$151,000	3	2	1,064	2,700
118 Spruance Road, Unit 4, Dover, DE 19901	$70,000	3	2	1,064	2,613
129 Spruance Road, Dover, DE 19901	$150,000	3	2	1,248	5,180
106 Spruance Road, Dover, DE 19901	$95,000	2	1	767	7,977
124 Spruance Road, Dover, DE 19901	$184,000	3	2	1,080	2,701
122 Spruance Road, Dover, DE 19901	$140,000	3	2	1,007	2,700
120 Spruance Road, Dover, DE 19901	$25,000	3	2	1,007	2,749
131 Spruance Road, Dover, DE 19901	–	2	2	1,064	3,485
128 Spruance Road, Dover, DE 19901	$190,000	3	2	1,080	2,701
126 Spruance Road, Dover, DE 19901	–	2	2	1,007	2,614

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Listing Courtesy of RE/MAX Horizons

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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