NOT LISTED FOR SALE

1071 Red Lion Rd New Castle, DE 19720

Estimated Value: $532,000 - $634,000

4 Beds
2.5 Baths
2,975 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $402,500 $135 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,340/month

Highlights

  • 2.64 Acre Lot
  • 1 Fireplace
  • 2 Car Attached Garage
  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

Fully renovated, four bedroom home on a private 2.64 acre lot with potential for subdivision. This brick, Cape Cod style home offers large entertaining spaces inside and out, a first floor master bedroom suite and a yard that has endless possibilities. Arrive to a semi circle driveway with enough parking for ten cars and open space on both sides of the home. Enter the house to a huge, wide open sunroom with modern tile and a ton of natural light. Up a few steps to the formal living room with a handsome fireplace and built-in shelving. Continue to the dining room and a beautiful, eat-in kitchen. Updates in the new kitchen include: white shaker-style wood cabinetry, granite counter tops, recessed and pendant lighting, stainless steel appliances, a breakfast bar and hardwood flooring that flows throughout the main level. There is a den with sliders to a Paver patio that could serve as a great playroom or office. The spacious first floor master suite features a five-piece bathroom with soaking tub, two large closets and access to a private rear sunroom. The upper level has three bedrooms with new neutral carpet, an office and a renovated full bath. The walk-out basement is clean and dry and has a new French drain system. All the system upgrades have been done in the last two years, including: New HVAC, a new one-layer roof, a new septic system, public water hook up, new windows, and plumbing and electrical upgrades too. A lot of space and land in a convenient, central location. Welcome Home.

Last Agent to Sell the Property

Buzz Moran

(302) 740-6529 buzz.moran@lnf.com Long & Foster Real Estate, Inc. Listed on: 05/19/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Sean Mccracken

(302) 218-7990 sean@lehaneteam.com RE/MAX Eagle Realty

RE/MAX Eagle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,020

Year Built

  • Built in 1950

Lot Details

  • 2.64 Acre Lot

Parking

  • 2 Car Attached Garage
  • 10 Driveway Spaces
  • Front Facing Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,975 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Partial Basement

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 040
  • Assessor Parcel Number 10-049.00-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,020

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2975
  • Living Area Sq Ft: 2975
  • Price Per Sq Ft: 144.50
  • Above Grade Finished Sq Ft: 2975
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding, Aluminum Siding
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • 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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 72900.00
  • Land Assessed Value: 21700.00
  • Lot Size Acres: 2.64
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 114998.00
  • Zoning: S
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2332085
  • School Tax: 2236.00
  • Tax Annual Amount: 3020.00
  • Assessor Parcel Number: 10-049.00-040
  • Tax Lot: 040
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Sep 29, 2020
Sold by
Vpr Property Management Llc
Bought by
Nhan Vinh Phuc
Seller's Agent
Buzz Moran
Long & Foster Real Estate, Inc.
Buyer's Agent
Sean Mccracken
RE/MAX Eagle Realty
List Price
$449,900
Sold Price
$402,500
Premium/Discount to List
-$47,400
-10.54%
Current Estimated Value
$584,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,393
Avg. Annual Appreciation
7.63%
Original Mortgage
$362,250
Outstanding Balance
$322,202
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$262,691

Purchase Details

Listed on
Jul 29, 2017
Closed on
Aug 28, 2017
Sold by
Ratledge Mary F and Ratledge Revocable T Abigail C
Bought by
Vpr Property Management Llc
Seller's Agent
Lauren Jones
Tesla Realty Group, LLC
Buyer's Agent
Chris Yates
BHHS Fox & Roach-Christiana
List Price
$184,900
Sold Price
$184,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.63%

Purchase Details

Closed on
Jun 18, 1996
Bought by
Ratledge Abigail C
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
Nhan Vinh Phuc -- Giordano Delcollo Werb & Gagne
Vpr Property Management Llc -- None Available
Ratledge Abigail C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nhan Vinh Phuc $362,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2020 09/29/20 Sold $402,500 -6.4% $135 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/18/2020 06/18/20 Price Changed $429,900 -4.4% $145 / Sq Ft
05/19/2020 05/19/20 For Sale $449,900 +143.3% $151 / Sq Ft
08/28/2017 08/28/17 Sold $184,900 0.0% $66 / Sq Ft View Prior Sale
08/09/2017 08/09/17 Pending -- -- --
08/08/2017 08/08/17 Off Market $184,900 -- --
07/29/2017 07/29/17 For Sale $184,900 -- $66 / 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 $3,155 $94,600 $21,700 $72,900
2023 $2,860 $94,600 $21,700 $72,900
2022 $2,999 $94,600 $21,700 $72,900
2021 $2,999 $94,600 $21,700 $72,900
2020 $3,020 $94,600 $21,700 $72,900
2019 $3,014 $94,600 $21,700 $72,900
2018 $2,745 $94,600 $21,700 $72,900
2017 $2,291 $87,800 $21,700 $66,100
2016 $2,291 $87,800 $21,700 $66,100
2015 -- $87,900 $21,800 $66,100
2014 $2,295 $87,900 $21,800 $66,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC501534

Bright MLS

APN: 10-049.00-040