NOT LISTED FOR SALE

1011 New London Rd Newark, DE 19711

Estimated Value: $323,000 - $456,000

4 Beds
1 Bath
1,300 Sq Ft
$291/Sq Ft Est. Value

Last Sold August 15, 2012

Last sale price $171,000 $132 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,206/month

Highlights

  • 1.58 Acre Lot
  • Wood Flooring
  • No HOA
  • Cape Cod Architecture
  • 1 Fireplace
  • 2 Car Detached Garage

About This Home

As of August 2012

Investor Alert! This property is priced to sell. Located on over 1.5 acres of land and includes a two car detached garage, this 4 Bedroom, 1 Bath Cape Cod includes hardwood floors throughout, wood burning fireplace, updated electrical service, newer heating system, and three year new septic system. This home is being sold AS-Is and includes all appliances.

Last Agent to Sell the Property

Keith Wortham

(302) 388-6170 Keith@keithwortham.com EXP Realty, LLC License #RS-306579 Listed on: 11/17/2011

EXP Realty, LLC

Last Buyer's Agent

Keith Wortham

(302) 388-6170 Keith@keithwortham.com EXP Realty, LLC License #RS-306579 Listed on: 11/17/2011

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 1930

Lot Details

  • 1.58 Acre Lot
  • Lot Dimensions are 212x274
  • Property is in below average condition
  • Property is zoned NC21

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Asbestos

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Downes Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 083
  • Assessor Parcel Number 09-005.00-083

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,422

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Owners Personal Property
  • Inclusions: All Appliances As-Is
  • New Construction: No
  • Story List: Main
  • Year Built: 1930
  • Remarks Public: Investor Alert! This property is priced to sell. Located on over 1.5 acres of land and includes a two car detached garage, this 4 Bedroom, 1 Bath Cape Cod includes hardwood floors throughout, wood burning fireplace, updated electrical service, newer heating system, and three year new septic system. This home is being sold AS-Is and includes all appliances.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Net Sq Ft: 1300.00
  • Price Per Sq Ft: 138.46
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1011

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • Elementary School: DOWNES
  • Middle School: SHUE-MEDILL
  • High School: NEWARK
  • School District Key: 300200396890
  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Improvement Assessed Value: 29200.00
  • Land Assessed Value: 27200.00
  • Lot Size Acres: 1.58
  • Lot Dimensions: 212X274
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 68825.00
  • Property Condition: Below Average
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2292966
  • Tax Annual Amount: 1422.00
  • Assessor Parcel Number: 09-005.00-083
  • Tax Lot: 083
  • Tax Year: 2010
  • Close Date: 08/15/2012

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2011
Closed on
Aug 15, 2012
Sold by
Smith Richard E and Last Will & Testament Of Ruth
Bought by
Cash James L and Cash Alicia L
Seller's Agent
Keith Wortham
EXP Realty, LLC
Buyer's Agent
Keith Wortham
EXP Realty, LLC
List Price
$190,000
Sold Price
$171,000
Premium/Discount to List
-$19,000
-10%
Current Estimated Value
$378,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,887
Avg. Annual Appreciation
6.22%
Original Mortgage
$192,826
Outstanding Balance
$137,165
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$241,722
Source: Public Records

Range of Values:

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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
Cash James L $171,000 Kirsh Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cash James L $192,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2012 08/15/12 Sold $171,000 -5.0% $132 / Sq Ft
01/11/2012 01/11/12 Pending -- -- --
12/08/2011 12/08/11 Price Changed $180,000 -5.3% $138 / Sq Ft
11/17/2011 11/17/11 For Sale $190,000 -- $146 / 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 $2,440 $57,300 $26,900 $30,400
2023 $2,373 $57,300 $26,900 $30,400
2022 $2,368 $57,300 $26,900 $30,400
2021 $2,318 $57,300 $26,900 $30,400
2020 $2,222 $56,400 $27,200 $29,200
2019 $1,964 $56,400 $27,200 $29,200
2018 $1,912 $56,400 $27,200 $29,200
2017 $1,844 $56,400 $27,200 $29,200
2016 $1,840 $56,400 $27,200 $29,200
2015 $1,676 $56,400 $27,200 $29,200
2014 $1,675 $56,400 $27,200 $29,200
Source: Public Records

Agents Affiliated with this Home

  • Keith Wortham

    Seller's Agent in 2012

    Keith Wortham

    EXP Realty, LLC

    (302) 388-6170

    1 in this area

    50 Total Sales

    Keith Wortham
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004577126

Bright MLS

APN: 09-005.00-083

Delaware New Castle County Newark 19711

1011 New London Rd, Newark, DE

This home is located at 1011 New London Rd, Newark, DE 19711 since 17 November 2011 and is currently estimated at $378,887, approximately $291 per square foot. This property was built in 1930. 1011 New London Rd is a home located in New Castle County with nearby schools including Downes (John R.) Elementary School, Shue-Medill Middle School, and Newark High School.

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