NOT LISTED FOR SALE

1039 Red Lion Rd New Castle, DE 19720

Estimated Value: $270,000 - $383,000

3 Beds
1 Bath
1,500 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 27, 2025

Last sale price $335,000 $223 Per Sq Ft

Current estimated payment $1,893/month

5 Days on Market

Highlights

  • 1 Acre Lot
  • 1 Fireplace
  • 3 Garage Spaces | 1 Attached and 2 Detached
  • Rambler Architecture
  • No HOA
  • Chairlift

About This Home

As of March 2025

This charming rustic ranch home offers a warm, inviting atmosphere with timeless appeal. Nestled on a one-acre lot, the property is surrounded by nature, providing plenty of space for outdoor activities or gardening. Inside, you'll find a cozy wood-burning fireplace that creates the perfect focal point in the living room. The large den is ideal for relaxation or entertaining, while the screened-in porch offers a peaceful spot to enjoy the outdoors . The basement offers ample storage space and convenient access to the garage, making it perfect for organizing belongings or even setting up a workshop. Additional features include a one-car attached garage and a spacious two-car detached garage, providing plenty of room for vehicles, tools, or hobbies. With endless potential, this home is a fantastic opportunity for those looking to create their dream living space in a tranquil, private setting. This is an Estate sale and the property is being sold in As-Is condition.

Last Agent to Sell the Property

Nancy Good

RE/MAX Point Realty License #RS335383 Listed on: 02/18/2025

Last Buyer's Agent

Nancy Good

RE/MAX Point Realty License #RS335383 Listed on: 02/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $697

Year Built

  • Built in 1954

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 127.60 x 117.60
  • Property is zoned NC21

Parking

  • 3 Garage Spaces | 1 Attached and 2 Detached
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Permanent Foundation
  • Asbestos

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Chairlift

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Gravity Septic Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 042
  • Assessor Parcel Number 10-049.00-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$697

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Chairlift
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1954
  • Automatically Close On Close Date: Yes
  • Remarks Public: This charming rustic ranch home offers a warm, inviting atmosphere with timeless appeal. Nestled on a one-acre lot, the property is surrounded by nature, providing plenty of space for outdoor activities or gardening. Inside, you'll find a cozy wood-burning fireplace that creates the perfect focal point in the living room. The large den is ideal for relaxation or entertaining, while the screened-in porch offers a peaceful spot to enjoy the outdoors . The basement offers ample storage space and convenient access to the garage, making it perfect for organizing belongings or even setting up a workshop. Additional features include a one-car attached garage and a spacious two-car detached garage, providing plenty of room for vehicles, tools, or hobbies. With endless potential, this home is a fantastic opportunity for those looking to create their dream living space in a tranquil, private setting. This is an Estate sale and the property is being sold in As-Is condition.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 295.83
  • Above Grade Finished Sq Ft: 1200
  • Below Grade Finished Sq Ft: 300
  • Total Below Grade Sq Ft: 300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1039

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: COLONIAL
  • School District Key: 300200396891
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 1.00
  • Lot Dimensions: 127.60 x 117.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Year Assessed: 2024
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 517.00
  • Tax Annual Amount: 697.00
  • Assessor Parcel Number: 10-049.00-042
  • Tax Lot: 042
  • Tax Total Finished Sq Ft: 1500
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/27/2025

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
Mar 27, 2025
Sold by
Weldon Craig A and Mcdermott Kerry F
Bought by
Downs Daniel
Seller's Agent
Nancy Good
RE/MAX Point Realty
Buyer's Agent
Nancy Good
RE/MAX Point Realty
List Price
$355,000
Sold Price
$335,000
Premium/Discount to List
-$20,000
-5.63%
Views
172
Current Estimated Value
$334,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$942
Avg. Annual Appreciation
9.87%
Original Mortgage
$200,000
Outstanding Balance
$199,292
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$149,216
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
Downs Daniel $268,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downs Daniel $200,000
Previous Owner Weldon Richard B $381,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $335,000 -5.6% $223 / Sq Ft
02/23/2025 02/23/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $355,000 -- $237 / 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 $1,046 $54,300 $12,000 $42,300
2023 $891 $54,300 $12,000 $42,300
2022 $958 $54,300 $12,000 $42,300
2021 $1,057 $54,300 $12,000 $42,300
2020 $1,066 $54,300 $12,000 $42,300
2019 $1,067 $54,300 $12,000 $42,300
2018 $1,051 $54,300 $12,000 $42,300
2017 $956 $54,300 $12,000 $42,300
2016 $717 $54,300 $12,000 $42,300
2015 $716 $54,300 $12,000 $42,300
2014 $716 $54,300 $12,000 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2076182

Bright MLS

APN: 10-049.00-042