NOT LISTED FOR SALE

1028 River Rd New Castle, DE 19720

Estimated Value: $316,000 - $402,000

3 Beds
3 Baths
1,225 Sq Ft
$286/Sq Ft Est. Value

Last Sold April 10, 2018

Last sale price $205,000 $167 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,967/month

117 Days on Market

Highlights

  • 1.06 Acre Lot
  • Wood Flooring
  • No HOA
  • Rambler Architecture
  • Attic
  • Breakfast Area or Nook

About This Home

As of April 2018

Rarely available 3-bedroom, 3-bath brick-and-vinyl ranch on over an acre of land that offers open space flanked by trees. It's not located in a development, so your restrictions are only those of New Castle County. A detached 2-car garage with bonus storage rooms in the garage and a spacious driveway means you have lots of room for all your toys! The house is set back off the road making it peaceful and yet the location allows you good access to amenities. The lot offers you many possibilities: the sellers removed the above-ground pool in the back, but you could certainly put one back in, expand the house, add a deck, enlarge the garage... the list goes on! The house itself has three bedrooms: two bedrooms, two full baths upstairs, and the third bedroom and bath downstairs where you'll also find the family room with fireplace. bonus storage room, and unfinished laundry and boiler room. The property is not located in a flood zone and the basement, which has a bilco access, is dry. On the main level you'll also love the kitchen that's open to the breakfast area, living room with bay window, spacious dining room, and bonus room that can be used as a home office, storage room... or maybe you want to expand the kitchen and breakfast room for a more contemporary feel. Great with the layout it has, but it also offers a lot of options. It could be the blank canvas you've been waiting for! Updates include: Central AC about three years ago, new septic system within the last four years, replaced waste line in basement, jacuzzi tub in basement bath. NOTE: The property is being sold as a short sale in "as is" condition. All inspections are for informational purposes only. Neither the Seller nor the Seller's lender will make any repairs, including repairs required by Buyer's lender. Commissions and price are subject to Seller's Lender's approval. No FHA financing will be accepted. Buyer to pay Short Sale Facilitator Fee at closing.

Last Agent to Sell the Property

Monica Hill

(302) 563-5637 MonicaHill@verizon.net RE/MAX Associates-Wilmington License #RS347136 Listed on: 09/23/2017

RE/MAX Associates-Wilmington

Last Buyer's Agent

Sherrill R Fulton

(302) 598-4774 sherryfulton@remax.net RE/MAX 1st Choice - Middletown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,343

Year Built

  • Built in 1960

Lot Details

  • 1.06

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,225 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Brick Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Walk-in Shower

Basement

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

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Porch
  • 1.06 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 029
  • Assessor Parcel Number 10-035.00-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,343

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Refrigerator, Washer, Dryer
  • Inclusions: Shed
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1960
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Stall Shower, Breakfast Area
  • Window Features: Bay/Bow
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1225
  • Living Area Sq Ft: 1225
  • Net Sq Ft: 1225.00
  • Price Per Sq Ft: 181.63
  • Above Grade Finished Sq Ft: 1225
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Access To Pool: No
  • Roof: Pitched, Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 40800.00
  • Land Assessed Value: 5200.00
  • Lot Size Acres: 1.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 46174.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Zoning: S

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2323542
  • Tax Annual Amount: 1343.00
  • Assessor Parcel Number: 10-035.00-029
  • Tax Lot: 029
  • Tax Year: 2017

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2017
Closed on
Apr 3, 2018
Sold by
Kimbel Robert E and Kimbel Monica
Bought by
Young Bradley L
Seller's Agent
Monica Hill
RE/MAX Associates-Wilmington
Buyer's Agent
Sherrill R Fulton
RE/MAX 1st Choice - Middletown
List Price
$258,000
Sold Price
$205,000
Premium/Discount to List
-$53,000
-20.54%
Current Estimated Value
$350,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,616
Avg. Annual Appreciation
7.27%
Original Mortgage
$198,850
Outstanding Balance
$169,982
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$180,634

Purchase Details

Closed on
Jul 15, 2005
Sold by
Taylor William T and Taylor Helen M
Bought by
Kimbel Robert E and Kimbel Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,800
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Young Bradley L -- None Available
Kimbel Robert E $268,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Bradley L $198,850
Previous Owner Kimbel Robert E $214,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2018 04/10/18 Sold $205,000 -7.9% $167 / Sq Ft
01/18/2018 01/18/18 Pending -- -- --
01/14/2018 01/14/18 Price Changed $222,500 -1.1% $182 / Sq Ft
12/10/2017 12/10/17 Price Changed $225,000 -2.2% $184 / Sq Ft
11/17/2017 11/17/17 Price Changed $230,000 -1.5% $188 / Sq Ft
10/23/2017 10/23/17 Price Changed $233,500 -0.6% $191 / Sq Ft
10/11/2017 10/11/17 Price Changed $235,000 -8.9% $192 / Sq Ft
09/23/2017 09/23/17 For Sale $258,000 -- $211 / 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 $1,534 $46,000 $5,200 $40,800
2023 $1,391 $46,000 $5,200 $40,800
2022 $1,458 $46,000 $5,200 $40,800
2021 $1,458 $46,000 $5,200 $40,800
2020 $1,468 $46,000 $5,200 $40,800
2019 $1,465 $46,000 $5,200 $40,800
2018 $1,438 $46,000 $5,200 $40,800
2017 $1,343 $46,000 $5,200 $40,800
2016 $1,200 $46,000 $5,200 $40,800
2015 $1,201 $46,000 $5,200 $40,800
2014 $1,201 $46,000 $5,200 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001203643

Bright MLS

APN: 10-035.00-029