NOT LISTED FOR SALE

1001 Capitol Trail Newark, DE 19711

Estimated Value: $342,284 - $480,000

0.19 Acre
$2,183,268 Price per Acre
8,276 Sq Ft Lot

Last Sold March 15, 2023

Last sale price $130,000 $52 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $2,553/month

110 Days on Market

About This Lot

As of March 2023

This sale includes one (1) fully approved building lot.
1001 Capitol Trail - 75'w x 109'deep - water/sewer already run to this lot.
Water/sewer plan already approved.
Water/sewer to be accessed on Delaplane Ave.
Shared utility/access easement recorded for 1001/1003/1005 Capitol Trail so utilities/access not required from Kirkwood Highway.
Site is fully cleared.
Proposed site plan for 5 houses will be provided by Seller to interested Buyers.
Water/sewer quote will be provided by Seller to interested Buyers.
See documents for other comments.

Last Agent to Sell the Property

Glenn Prechtl

Coldwell Banker Realty Listed on: 03/02/2022

Coldwell Banker Realty

Last Buyer's Agent

Glenn Prechtl

Coldwell Banker Realty Listed on: 03/02/2022

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 75' x 109'
  • Property is zoned NC5

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number 08-060.10-006

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 15.71
  • Street Number Modifier: 1001

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 75' x 109'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Year Assessed: 2021
  • Zoning: NC5
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2278.00
  • Tax Annual Amount: 2868.00
  • Assessor Parcel Number: 08-060.10-006
  • Tax Lot: 006
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/15/2023

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Mar 15, 2023
Sold by
Redevelopment Llc
Bought by
Collins Leon E and Roberts-Collins Kesha
Seller's Agent
Glenn Prechtl
Coldwell Banker Realty
Buyer's Agent
Glenn Prechtl
Coldwell Banker Realty
List Price
$130,000
Sold Price
$130,000
Views
10
Current Estimated Value
$414,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,821
Avg. Annual Appreciation
67.67%
Original Mortgage
$418,573
Outstanding Balance
$406,284
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$52,491

Purchase Details

Closed on
Dec 14, 2021
Sold by
Johnson Thomas
Bought by
The Redevelopment Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 27, 2021
Sold by
Johnson Thomas
Bought by
Johnson Thomas

Purchase Details

Closed on
Jan 18, 2016
Sold by
Johnson Julia
Bought by
Johnson Thomas

Purchase Details

Closed on
Sep 29, 1998
Bought by
Johnson Thomas and Johnson Julia
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Collins Leon E $440,604 None Listed On Document
The Redevelopment Company -- None Available
Johnson Thomas -- None Available
Johnson Thomas -- None Available
Johnson Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Leon E $418,573
Previous Owner The Redevelopment Company $0
Previous Owner The Redevelopment Company $425,000
Previous Owner Johnson Thomas $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $130,000 0.0% $52 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $130,000 -- $52 / 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 $3,517 $82,600 $9,300 $73,300
2023 $3,220 $82,600 $9,300 $73,300
2022 $384 $9,300 $9,300 $0
2021 $570 $70,900 $13,000 $57,900
2020 $720 $70,900 $13,000 $57,900
2019 $1,717 $70,900 $13,000 $57,900
2018 $98 $70,900 $13,000 $57,900
2017 -- $70,900 $13,000 $57,900
2016 -- $70,900 $13,000 $57,900
2015 $2,307 $70,900 $13,000 $57,900
2014 $2,106 $70,900 $13,000 $57,900
Source: Public Records

Agents Affiliated with this Home

  • Glenn Prechtl

    Seller's Agent in 2023

    Glenn Prechtl

    Coldwell Banker Realty

    (302) 507-5271

    6 in this area

    11 Total Sales

    Glenn Prechtl
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Map

Source: Bright MLS

MLS Number: DENC2017054

Bright MLS

APN: 08-060.10-006

Delaware New Castle County Newark 19711

1001 Capitol Trail, Newark, DE

This home is located at 1001 Capitol Trail, Newark, DE 19711 since 02 March 2022 and is currently estimated at $414,821, approximately $167 per square foot. 1001 Capitol Trail is a home located in New Castle County with nearby schools including R. Elisabeth Maclary Elementary School, Shue-Medill Middle School, and Newark High School.

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