NOT LISTED FOR SALE

111 E Park Place Newark, DE 19711

Estimated Value: $368,196 - $627,000

3 Beds
1.5 Baths
1,375 Sq Ft
$351/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $260,000 $189 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,553/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • West Park Place Elementary School Rated A-
  • Attic
  • 3-minute walk to Kells Park

About This Home

As of March 2016

Charm and character surround this classic 3 bedroom within walking distance to U of D. Follow the stone walkway through the nicely landscaped front lawn as you approach the front entrance. Step inside onto warm hardwood flooring that continues into the living room, dining room, and bedrooms. A neutral color palate can be found throughout this home. Guests will feel welcome gathering around the cozy fireplace in the living room. Large sun-filled windows create an inviting atmosphere! The adjacent formal dining room makes entertaining easy. Prepare your favorite meals in the eat-in kitchen offering gleaming white cabinets and ample counter space. A Sunroom addition plus convenient powder room for guests completes this level. Relax and enjoy the warm summer days from the screened patio or step outside into the peaceful backyard. Soak up the sun while enjoying outdoor activities or gardening. Back inside, follow the beautiful wooden staircase to the upper level where you will find the master bedroom. End the day in this serene room offering large windows and a ceiling fan for comfort. Two additional bedrooms and a full bathroom complete this level. A laundry area can be found on the lower level and the unfinished attic offers excellent room for storage. The full size, detached garage adds additional storage for 1 car, outdoor tools and toys. This charming home has a current City of Newark rental permit for 3 occupants. Don't miss an opportunity to own a piece of Newark in a traditional neighborhood!

Last Agent to Sell the Property

Katina Geralis

(302) 383-5412 kat@kghometeam.com EXP Realty, LLC License #R3-0020328 Listed on: 02/17/2016

EXP Realty, LLC

Last Buyer's Agent

Eric Buck

(302) 275-4066 ebuck9@gmail.com Long & Foster Real Estate, Inc. License #RS-0019195

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,588

Year Built

  • Built in 1940

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x151
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned 18RD

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,375 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Brick Fireplace
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Unfinished Basement

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

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 18-032.00-131

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,588

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Washer, Dryer, Refrigerator, Blinds
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1375
  • Living Area Sq Ft: 1375
  • Net Sq Ft: 1375.00
  • Price Per Sq Ft: 189.02
  • Above Grade Finished Sq Ft: 1375
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Brick
  • Access To Pool: No
  • Exterior Features: Sidewalks
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric, Hot Water, Radiator, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.26
  • Lot Dimensions: 75X151
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11326.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: 18RD

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1588.00
  • Assessor Parcel Number: 18-032.00-131
  • Tax Lot: 131
  • Tax Year: 2015

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
Mar 18, 2016
Sold by
Reeves Ashlee E and Dadd Ashlee R
Bought by
Newark Development Group Llc
Seller's Agent
Katina Geralis
EXP Realty, LLC
Buyer's Agent
Eric Buck
Long & Foster Real Estate, Inc.
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$483,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,299
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Nov 30, 2000
Bought by
Reeves Ashlee E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Newark Development Group Llc $260,000 Attorney
Reeves Ashlee E $150,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2016 03/18/16 Sold $260,000 0.0% $189 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $259,900 -- $189 / 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 $520 $49,300 $11,800 $37,500
2023 $1,783 $49,300 $11,800 $37,500
2022 $1,764 $49,300 $11,800 $37,500
2021 $1,719 $49,300 $11,800 $37,500
2020 $1,669 $49,300 $11,800 $37,500
2019 $1,463 $49,300 $11,800 $37,500
2018 $1,429 $49,300 $11,800 $37,500
2017 $1,387 $49,300 $11,800 $37,500
2016 $1,383 $49,300 $11,800 $37,500
2015 -- $49,300 $11,800 $37,500
2014 $1,239 $49,300 $11,800 $37,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003946099

Bright MLS

APN: 18-032.00-131