NOT LISTED FOR SALE

1038 Old Forge Rd New Castle, DE 19720

Estimated Value: $263,000 - $286,000

3 Beds
2.5 Baths
1,350 Sq Ft
$202/Sq Ft Est. Value

Last Sold March 27, 2018

Last sale price $103,200 $76 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,613/month

13 Days on Market

Highlights

  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • Forced Air Heating and Cooling System
  • Living Room

About This Home

As of March 2018

Spacious 3 bedroom 2 and half bath end unit spacious kitchen and living room leading to a screen room and private fenced in back yard , needs some TLC but great opportunity. H U D/case 071-097365 As is with all faults, no post closing repairs or payments will be made.No one may alter or occupy property until after closing, AS IS, Equal Opportunity Housing.Initial disposition: Insurable with Escrow, Escrow:2150 dollars, Offer made on hudhomestore.

Last Agent to Sell the Property

Christina Lee

(443) 350-2515 benefi@verizon.net Coldwell Banker Rowley Realtors License #RS324146 Listed on: 01/25/2018

Coldwell Banker Rowley Realtors

Co-Listed By

Rebecca Buckland

(302) 893-2968 r.jaeger@realtor.com Coldwell Banker Rowley Realtors License #RB-0031190

Last Buyer's Agent

John Salerno

(302) 994-9600 jsalerno@meyerrealty.net Meyer & Meyer Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1988

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x108

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

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

Community Details

  • Meadows Of Wilton Subdivision

Listing and Financial Details

  • Tax Lot 167
  • Assessor Parcel Number 10-034.10-167

Townhouse Details

Home Type

Townhome

Year Built

Built in 1988

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1988
  • Remarks Public: Spacious 3 bedroom 2 and half bath end unit spacious kitchen and living room leading to a screen room and private fenced in back yard , needs some TLC but great opportunity. H U D/case 071-097365 As is with all faults, no post closing repairs or payments will be made.No one may alter or occupy property until after closing, AS IS, Equal Opportunity Housing.Initial disposition: Insurable with Escrow, Escrow:2150 dollars, Offer made on hudhomestore.
  • Special Features: RealEstateOwned
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1350
  • Living Area Sq Ft: 1350
  • Net Sq Ft: 1350.00
  • Price Per Sq Ft: 68.15
  • Above Grade Finished Sq Ft: 1350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1038

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 75.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: COLONIAL
  • School District Key: 300200396891

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 35X108
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Property Attached Yn: Yes
  • Zoning: NCTH

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1641.00
  • Assessor Parcel Number: 10-034.10-167
  • Tax Lot: 167
  • Tax Year: 2017
  • Close Date: 03/27/2018

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2020
Sold by
Perez Victor
Bought by
Correa Hector
Current Estimated Value
$272,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,300
Outstanding Balance
$163,789
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$108,682

Purchase Details

Listed on
Jan 25, 2018
Closed on
Mar 27, 2018
Sold by
Secretary Of Hud
Bought by
Perez Victor
Seller's Agent
Christina Lee
Coldwell Banker Rowley Realtors
Buyer's Agent
John Salerno
Meyer & Meyer Realty
List Price
$92,000
Sold Price
$103,200
Premium/Discount to List
$11,200
12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.72%
Original Mortgage
$82,560
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2017
Sold by
Jpmorgan Chase Bank National Association
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Dec 2, 2013
Sold by
The Secretary Of Hud
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jul 8, 2013
Sold by
Smith Wayman J
Bought by
Secretary Of Hud

Purchase Details

Closed on
Feb 13, 2004
Sold by
Horner Brian P and Barbera Jill L
Bought by
Smith Wayman J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,489
Interest Rate
5.83%
Mortgage Type
FHA
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
Correa Hector $190,000 None Available
Perez Victor $103,200 None Available
Secretary Of Housing And Urban Developme -- None Available
Jpmorgan Chase Bank Na -- None Available
Secretary Of Hud $174,970 None Available
Smith Wayman J $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa Hector $184,300
Previous Owner Perez Victor $82,560
Previous Owner Smith Wayman J $126,489
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2018 03/27/18 Sold $103,200 +12.2% $76 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $92,000 -- $68 / 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 $1,951 $56,200 $8,700 $47,500
2023 $1,777 $56,200 $8,700 $47,500
2022 $1,848 $56,200 $8,700 $47,500
2021 $1,846 $56,200 $8,700 $47,500
2020 $0 $56,200 $8,700 $47,500
2019 $1,952 $56,200 $8,700 $47,500
2018 $50 $56,200 $8,700 $47,500
2017 $1,522 $56,200 $8,700 $47,500
2016 $1,522 $56,200 $8,700 $47,500
2015 $1,523 $56,200 $8,700 $47,500
2014 $1,526 $56,200 $8,700 $47,500
Source: Public Records

Agents Affiliated with this Home

  • Christina Lee

    Seller's Agent in 2018

    Christina Lee

    Coldwell Banker Rowley Realtors

    (443) 350-2515

    4 in this area

    128 Total Sales

    Christina Lee
    Section Image
  • Rebecca Buckland

    Seller Co-Listing Agent in 2018

    Rebecca Buckland

    Coldwell Banker Rowley Realtors

    (302) 893-2968

    6 in this area

    146 Total Sales

    Rebecca Buckland
    Section Image

  • J

    Buyer's Agent in 2018

    John Salerno

    Meyer & Meyer Realty

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1005224029

Bright MLS

APN: 10-034.10-167

Delaware New Castle County New Castle 19720

1038 Old Forge Rd, New Castle, DE

This home is located at 1038 Old Forge Rd, New Castle, DE 19720 since 25 January 2018 and is currently estimated at $272,471, approximately $201 per square foot. This property was built in 1988. 1038 Old Forge Rd is a home located in New Castle County with nearby schools including Kathleen H. Wilbur Elementary School, Gunning Bedford Middle School, and Fairwinds Christian School.

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