NOT LISTED FOR SALE

1061 Red Lion Rd New Castle, DE 19720

Estimated Value: $326,000 - $375,000

2 Beds
1 Bath
1,325 Sq Ft
$263/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $235,000 $177 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,955/month

Highlights

  • 1.75 Acre Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of September 2019

If you're looking for a home with historic character and charm, you want to see 1061 Red Lion Rd. This two bedroom one bathroom house was a school house circa 1840! Now, the charm of the high ceilings, warm cozy bedrooms, and the almost two acres of land will give the new owners a place to build their own memories. There is a detached two car garage that gives a large amount of space for cars and a workshop. You have to see this property to be able to just soak in the beautiful land and all that it offers. Sit on the deck and watch the wildlife, listen to the wind in the trees, and just absorb the beauty. This sweet home has a den off the back that adds living space to this quaint home. Set up your showing today. This will not last.

Last Agent to Sell the Property

Heidi Nequist

(302) 650-0197 heidi.nequist@compass.com Compass Listed on: 08/01/2019

Compass

Co-Listed By

Cammy Jamison

(302) 584-1316 cammy.jamison@compass.com Compass

Last Buyer's Agent

Kevin Hensley

(302) 218-0130 kevin@hensleyshomes.com RE/MAX Eagle Realty

RE/MAX Eagle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1840

Lot Details

  • 1.75 Acre Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,325 Sq Ft Home
  • Property has 1 Level
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Gunning Bedford Middle School
  • William Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 10-049.00-126

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,396

Year Built

Built in 1840

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Personal property
  • Historic: No
  • Inclusions: washer, dryer, microwave, refrigerator, shed
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1840
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1325
  • Living Area Sq Ft: 1325
  • Price Per Sq Ft: 181.13
  • Above Grade Finished Sq Ft: 1325
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Vinyl Siding, Aluminum Siding
  • 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
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: WILLIAM PENN
  • Middle Or Junior School: GUNNING BEDFORD

Lot Info

  • Lot Size Acres: 1.75
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 76230.00
  • Zoning: S
  • Zoning Description: Residential
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1034.00
  • Tax Annual Amount: 1396.00
  • Assessor Parcel Number: 10-049.00-126
  • Tax Lot: 126
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Sep 30, 2019
Sold by
Steele Rosemary
Bought by
Sheehan Abraham G
Seller's Agent
Heidi Nequist
Compass
Buyer's Agent
Kevin Hensley
RE/MAX Eagle Realty
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%
Current Estimated Value
$348,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,387
Avg. Annual Appreciation
6.64%
Original Mortgage
$227,950
Outstanding Balance
$199,696
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$148,691

Purchase Details

Closed on
Feb 2, 1973
Bought by
Steele William H and Steele Rosemary
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
Sheehan Abraham G -- None Available
Steele William H $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheehan Abraham G $227,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $235,000 -2.1% $177 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $240,000 -- $181 / 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 $1,464 $43,900 $16,500 $27,400
2023 $1,327 $43,900 $16,500 $27,400
2022 $1,392 $43,900 $16,500 $27,400
2021 $1,392 $43,900 $16,500 $27,400
2020 $1,401 $43,900 $16,500 $27,400
2019 $0 $43,900 $16,500 $27,400
2018 $0 $43,900 $16,500 $27,400
2017 -- $43,900 $16,500 $27,400
2016 -- $43,900 $16,500 $27,400
2015 -- $43,900 $16,500 $27,400
2014 -- $43,900 $16,500 $27,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC100205

Bright MLS

APN: 10-049.00-126