NOT LISTED FOR SALE

1 Palmer Place Newark, DE 19713

Estimated Value: $165,000 - $321,000

4 Beds
3 Baths
1,375 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $85,000 $62 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $1,558/month

Highlights

  • Colonial Architecture
  • Breakfast Area or Nook
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Central Air

About This Home

As of September 2013

Wonderful end-unit townhome located in Whispering Pines, close to major routes, shopping, schools, and public transportation. Many upgrades throughout including newer hot water heater and furnace, new carpet and new flooring in basement. Gleaming hardwoods as you enter the living room, leading to newer tile flooring in dining room and kitchen. Bonus all-season room features a wood-stove for staying cozy in the winter.

Last Agent to Rent the Property

Nikolina Novakovic

(302) 598-3661 nikolina@c21gk.com Century 21 Gold Key Realty License #666524 Listed on: 08/01/2013

Century 21 Gold Key Realty

Last Renter's Agent

Nikolina Novakovic

(302) 598-3661 nikolina@c21gk.com Century 21 Gold Key Realty License #666524 Listed on: 08/01/2013

Century 21 Gold Key Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,852

Year Built

  • Built in 1978

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 33x120

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,375 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Bathrooms

Laundry

  • Laundry on lower level
  • Washer

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,100
  • Tenant pays for electricity, heat, gas, sewer, hot water, lawn/tree/shrub care, snow removal, trash removal, cable TV
  • Available 8/1/13
  • $50 Application Fee
  • Assessor Parcel Number 09-021.40-243

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,852

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Date Available: 2013-08-01
  • Application Fee: 50.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 1100.00
  • Tenant Pays: Electricity, Heat, Gas, Sewer, Hot Water, Lawn/Tree/Shrub Care, Snow Removal, Trash Removal, Cable Tv
  • Vacation Rental: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Row/Townhouse
  • Architectural Style: Colonial
  • Inclusions: Washer, Dryer, Stove, Fridge, Microwave
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Range Hood, Refrigerator, Washer, Microwave
  • Interior Amenities: Breakfast Area
  • Fireplace: No
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1375
  • Living Area Sq Ft: 1375
  • Net Sq Ft: 1375.00
  • Price Per Sq Ft: 0.80
  • Above Grade Finished Sq Ft: 1375
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 33X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00

Tax Info

  • Assessor Parcel Number: 2295893
  • Assessor Parcel Number: 09-021.40-243
  • Close Date: 09/25/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2012
Closed on
Jun 28, 2013
Sold by
Zhang Fushan
Bought by
Zhang Fushan and Lin Xiaoping
Seller's Agent
Michael Haritos
EXP Realty, LLC
Buyer's Agent
Tami Xue
Century 21 Gold Key Realty
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Current Estimated Value
$264,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,766
Avg. Annual Appreciation
8.89%
Original Mortgage
$50,000
Outstanding Balance
$36,202
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$205,444

Purchase Details

Listed on
Jul 2, 2012
Closed on
Jun 1, 2013
Sold by
Wilkinson Richard J and Wilkinson Karen
Bought by
Zhang Fushan
Seller's Agent
Michael Haritos
EXP Realty, LLC
Buyer's Agent
Tami Xue
Century 21 Gold Key Realty
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$36,202
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$205,444

Purchase Details

Closed on
Sep 27, 2004
Sold by
Wilkinson Richard J and Wilkinson Karen
Bought by
Wilkinson Richard J and Wilkinson Karen

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
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2003
Sold by
Hud
Bought by
Wilkinson Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,010
Interest Rate
5.69%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2003
Sold by
Martir Manuel A and Wells Fargo Home Mortgage
Bought by
Hud
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
Zhang Fushan $85,000 None Available
Zhang Fushan $85,000 None Available
Wilkinson Richard J -- --
Wilkinson Richard J $71,000 --
Hud $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Fushan $50,000
Previous Owner Wilkinson Richard J $112,000
Previous Owner Wilkinson Richard J $73,010
Closed Wilkinson Richard J $3,946
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2013 09/25/13 Rented $1,100 0.0% --
08/31/2013 08/31/13 Under Contract -- -- --
08/01/2013 08/01/13 For Rent $1,100 0.0% --
06/28/2013 06/28/13 Sold $85,000 -5.5% $62 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $89,900 0.0% $65 / Sq Ft
01/26/2013 01/26/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $89,900 0.0% $65 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
10/06/2012 10/06/12 Price Changed $89,900 -5.3% $65 / Sq Ft
09/05/2012 09/05/12 Price Changed $94,900 -9.5% $69 / Sq Ft
08/13/2012 08/13/12 Price Changed $104,900 -8.7% $76 / Sq Ft
07/23/2012 07/23/12 Price Changed $114,900 -8.0% $84 / Sq Ft
07/02/2012 07/02/12 For Sale $124,900 -- $91 / 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 $1,852 $43,500 $9,900 $33,600
2023 $1,802 $43,500 $9,900 $33,600
2022 $1,797 $43,500 $9,900 $33,600
2021 $2,106 $43,500 $9,900 $33,600
2020 $2,106 $43,500 $9,900 $33,600
2019 $2,106 $43,500 $9,900 $33,600
2018 $1,475 $43,500 $9,900 $33,600
2017 $1,422 $43,500 $9,900 $33,600
2016 $1,419 $43,500 $9,900 $33,600
2015 -- $43,500 $9,900 $33,600
2014 $1,292 $43,500 $9,900 $33,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003539142

Bright MLS

APN: 09-021.40-243