8 Commonwealth Avenue

8 Commonwealth Avenue

Claymont, DE 19703

$1,999,999
Price
16
Beds
8
Baths
2
1/2 Baths
11,500 Sq. Ft.
$174 / Sq. Ft.
11,500
Sq. Ft.
$174
per Sq. Ft.

Virtual Tour

Virtual Tour

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a utility room with dryer and washer
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a view of an empty room with wooden floor and a window
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a bathroom with a sink a toilet and a shower
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a room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a kitchen with a refrigerator a stove top oven and cabinets
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a bedroom with a bed and a window
a bathroom with a sink and a mirror
a view of a house with backyard and sitting area
a view of living room with furniture and flat screen tv
a living room with furniture and wooden floor
a bedroom with a bed and a chair
a living room with couches bookshelf and a large window
a bathroom with a toilet a sink and a shower curtain
a living room with furniture and a flat screen tv
a bedroom with a bed and a flat tv screen on dresser
a kitchen with stainless steel appliances granite countertop a stove and a refrigerator
a kitchen with stainless steel appliances granite countertop a stove and cabinets
a bathroom with a toilet sink and a window
a living room with furniture and a flat screen tv
a bedroom with a bed and a window
a living room with furniture and a window
a view of an empty room with a window
a bathroom with a sink a toilet and a window
a bathroom with a granite countertop sink mirror and shower
a kitchen with stainless steel appliances a refrigerator and a stove top oven
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a view of a hallway with an empty room
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Description

Available now! Once in a lifetime opportunity to own an entire building with Commercial and Residential units. Updated financials will be added. Current owner has increased rents and made numerous improvements throughout. Perfect opportunity to buy now and utilize the increased Cash Flow (and not have to worry about getting costly repairs/upgrades completed). All payments from current tenants are being converted to online payments to make it very easy for the new owner to take over the reigns. Additional...Available now! Once in a lifetime opportunity to own an entire building with Commercial and Residential units. Updated financials will be added. Current owner has increased rents and made numerous improvements throughout. Perfect opportunity to buy now and utilize the increased Cash Flow (and not have to worry about getting costly repairs/upgrades completed). All payments from current tenants are being converted to online payments to make it very easy for the new owner to take over the reigns. Additional Notes Below: A building with a rich history stands proudly at the entrance to Overlook Colony. With the revitalization going on in Claymont, it has seen many changes since 1917 when constructed by General Chemical Company. Initially, the two-story building with a full basement was used as the community center for Overlook Colony and was placed at the main entrance just off of Philadelphia Pike. The Colony was planned and developed by General Chemical to house their employees in what were very nice, substantial homes at the time. Besides being called the community center it was later known as Redman's Hall; a meeting place for a fraternal group. It also housed activities of the Holy Rosary Church and stores including Shinn's and later, Steins. If you walk the halls of our building you will notice a lovely plaque that was presented to the three of us by the Claymont Fire Company. It commemorates the fact that many years ago, all of the organizational meetings of the fire company were held in our building. Also, up until 1924, when the Claymont School was built on a lot donated by General Chemical, the community center provided several rooms to take care of the educational needs of the children in the Colony. In 1989, new owners purchased the building and since then have tried to keep the glory of the building's former days while completely modernizing the structure. Because of our efforts, they were presented with a New Castle County Historic Preservation Award in 2000 and were given a grant of $2,500 from General Chemical in 2002 to help beautify the front of the building. Much thought, work, and finances have been expended over the years.
  1. Listed by Matthew Lenza • Keller Williams Realty Wilmington
    P: 3022859777 info@lenzateam.com

Property Details for 8 Commonwealth Avenue

Tax ID Number
06-084.00-439
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Contemporary, Converted Dwelling, Traditional
Levels/Stories
3
Waterfront
No

Location

Listing Courtesy of Keller Williams Realty Wilmington
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LISTING UPDATED: 04/16/2024 04:23 PM

Property Details for 8 Commonwealth Avenue

StatusActive
MLS #DENC2057894
Days on Market40
Taxes$5,600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1917
Lot Size0.28 AC / 12,197 SF
CountyNew Castle County

Location

Listing Courtesy of Keller Williams Realty Wilmington
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Virtual Tour

Building Information for 8 Commonwealth Avenue

Stories3Year Built1917Building Size-Lot Size0.28 AC / 12,197 SF

Payment Calculator

$11,381 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,915

Property Taxes

$467

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8 Commonwealth Avenue

Location
Location
  • In City Limits: No
  • School District Name: BRANDYWINE
  • School District County ID: 300200396892
  • SchoolDistrictSource: Listing Agent
  • County: NEW CASTLE
  • MLS Area: Brandywine (30901)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $158,300
  • Year Assessed: 2022
  • County Tax: $1,306
  • Improvement Assessed Value: $137,000
  • City Town Tax: $0
  • Land Assessed Value: $21,300
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: CN
  • Tax Lot: 439
  • School Tax: $4,294
  • Automatically Update Tax Values Y/N: Yes
Rooms
Main
  • # Bedrooms Count Main Level: 16
  • # Bathrooms Count Main Level: 10
  • # Bathrooms Full Main Level: 8
  • # Bathrooms Half Main Level: 2
Rooms
  • Stories: Main
Financial Information
Financial Information
  • Annual Rental Income: $140,280
Building Info
Building Info
  • Building Level Count: 3
  • Total Finished SQFT: 11,500.00
  • Total Finished SQFT Source: Estimated
  • Tax Total Finished SQFT: .00
  • Total SQFT: 13,500.00
  • Total SQFT Source: Estimated
  • Construction Materials: Stone, Mixed
  • Roof: Slate
  • Ext Main Mid-res: http://bright-media01.prd.brightmls.com/bright/images/0000/8029/2930/4004/802929304004_512_384_WM_meqHkT7TSsagHTty.jpg
  • Flooring Type: Hardwood, Luxury Vinyl Plank
  • Basement Type: Combination
  • Basement Finished Percent: 95.00
  • Basement Footprint Percent: 100.00
  • Foundation Details: Permanent
  • Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bedrooms-Main Level-4, Bedrooms-Main Level-5, Bedrooms-Main Level-6, Bedrooms-Main Level-7, Bedrooms-Main Level-8, Bedrooms-Main Level-9, Bedrooms-Main Level-10, Bedrooms-Main Level-11, Bedrooms-Main Level-12, Bedrooms-Main Level-13, Bedrooms-Main Level-14, Bedrooms-Main Level-15, Bedrooms-Main Level-16, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Full-Main Level-3, Bathrooms Full-Main Level-4, Bathrooms Full-Main Level-5, Bathrooms Full-Main Level-6, Bathrooms Full-Main Level-7, Bathrooms Full-Main Level-8, Bathrooms Half-Main Level-1, Bathrooms Half-Main Level-2
  • # Bathrooms Full: 8
  • # Bathrooms Half: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 120.00 x 100.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 2236924
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Other
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 8 Commonwealth Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8 Commonwealth Avenue

Taxable ValueLand$21,300Additions$137,000Total$158,300
Tax Record2023$5,585 ($465 / month)
Home Facts
Total Finished SqFt5,208 SqFtAbove Grade Finished SqFt5,208 SqFtStories1Lot Size12,197 SqFtStyleStoresYear Built1920Year Renovated1923ZoningCNCountyNEW CASTLEAPN06-084.00-439

Schools near 8 Commonwealth Avenue

This home is within Brandywine School District.
Rating
School
Type
Grades
Distance
Claymont Elementary School
Public - K to 5
Talley Middle School
Public - 6 to 8
Brandywine High School
Public - 9 to 12
Holy Rosary Elementary School
Private - PK to 8
Rating
School
Distance
Claymont Elementary School
PublicK to 5

Talley Middle School
Public6 to 8

Brandywine High School
Public9 to 12

Holy Rosary Elementary School
PrivatePK to 8

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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More information about 8 Commonwealth Avenue, Claymont, DE 19703

8 Commonwealth Avenue is a single family home for sale in Claymont, DE 19703. This property was listed for sale on March 20, 2024 by Keller Williams Realty Wilmington, it's currently listed at $1,999,999. This listing's school district is Brandywine School District. Nearby schools include Claymont Elementary School, Talley Middle School and Brandywine High School. 8 Commonwealth Avenue is a 16-bed, 9-bath, 11,500 sqft single family home built in 1917.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Wilmington

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.