NOT LISTED FOR SALE

1023 S Gerald Dr Newark, DE 19713

Estimated Value: $324,476 - $364,000

4 Beds
1 Bath
1,375 Sq Ft
$246/Sq Ft Est. Value

Last Sold November 23, 2018

Last sale price $199,000 $145 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,934/month

7 Days on Market

Highlights

  • Rambler Architecture
  • Eat-In Kitchen
  • Home Security System
  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of November 2018

Expanded 4 bed 1 bath ranch home was renovated in 2015 and only available due to a changing family situation. Nearly everything in the home was renovated. Gorgeous Pergo flooring invites you to enjoy your expanded living room with crown molding, recessed lighting and even a tiled chimney accent wall perfect for your big screen TV. An open beautiful kitchen has new recessed lighting, updated cabinets,granite counter-tops, tiled flooring and tiled back-splash along with stainless appliances. The bathroom was completely redone with tile throughout, vanities and lighting. The master bedroom is over-sized and will take your breath away with a spacious walk-in closet and sliding glass doors leading to your private wooded backyard. The home also includes a new asphalt driveway and stack-able washer-dryer. Located conveniently off of 273 with easy access to I-95. This is a wonderful home in great community.

Last Agent to Sell the Property

Lee Buzalek

(302) 528-0222 lee@leesellshouses.com EXP Realty, LLC License #RA-0003377 Listed on: 10/05/2018

EXP Realty, LLC

Last Buyer's Agent

Cristina TLASECA

(484) 832-9590 homesfromtheheart19@gmail.com Madison Real Estate Inc. DBA MRE Residential Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,341

Year Built

  • Built in 1958

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 75x100
  • Property is in good condition
  • Property is zoned NC6.5

Parking

  • 3 Open Parking Spaces

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,375 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Birchwood Park Subdivision

Listing and Financial Details

  • Tax Lot 229
  • Assessor Parcel Number 09-023.30-229

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,341

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1375
  • Living Area Sq Ft: 1375
  • Net Sq Ft: 1375.00
  • Price Per Sq Ft: 144.73
  • Above Grade Finished Sq Ft: 1375
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 75X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Property Condition: Good
  • Zoning: NC6.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1341.00
  • Assessor Parcel Number: 09-023.30-229
  • Tax Lot: 229
  • Tax Year: 2017

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
Nov 26, 2018
Sold by
Mercado Nancy A
Bought by
Brito Ignacio Ortiz
Seller's Agent
Lee Buzalek
EXP Realty, LLC
Buyer's Agent
Cristina TLASECA
Madison Real Estate Inc. DBA MRE Residential Inc.
List Price
$199,000
Sold Price
$199,000
Current Estimated Value
$338,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,369
Avg. Annual Appreciation
7.66%
Original Mortgage
$195,395
Outstanding Balance
$173,664
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$164,705

Purchase Details

Listed on
Jan 2, 2016
Closed on
Feb 23, 2016
Sold by
Mile High Investments Inc
Bought by
Mercado Nancy A
Seller's Agent
David Muellenberg
RE/MAX Edge
Buyer's Agent
CYRALENE SIMMS
Weichert Realtors Cornerstone
List Price
$194,850
Sold Price
$194,000
Premium/Discount to List
-$850
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.95%
Original Mortgage
$190,486
Interest Rate
3.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brito Ignacio Ortiz -- None Available
Mercado Nancy A $194,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brito Ignacio Ortiz $195,395
Previous Owner Mercado Nancy A $190,486
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2018 11/23/18 Sold $199,000 0.0% $145 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $199,000 +2.6% $145 / Sq Ft
03/18/2016 03/18/16 Sold $194,000 -0.4% $132 / Sq Ft View Prior Sale
02/06/2016 02/06/16 Pending -- -- --
01/02/2016 01/02/16 For Sale $194,850 -- $132 / 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 $2,121 $49,800 $7,300 $42,500
2023 $2,062 $49,800 $7,300 $42,500
2022 $2,058 $49,800 $7,300 $42,500
2021 $2,014 $49,800 $7,300 $42,500
2020 $1,962 $49,800 $7,300 $42,500
2019 $2,015 $49,800 $7,300 $42,500
2018 $287 $41,000 $7,300 $33,700
2017 $1,337 $41,000 $7,300 $33,700
2016 $1,337 $41,000 $7,300 $33,700
2015 $1,218 $41,000 $7,300 $33,700
2014 $1,218 $41,000 $7,300 $33,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1008358274

Bright MLS

APN: 09-023.30-229