NOT LISTED FOR SALE

112 Cherry Ln New Castle, DE 19720

Estimated Value: $207,000 - $308,000

3 Beds
1 Bath
1,200 Sq Ft
$213/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $87,000 $72 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,485/month

18 Days on Market

Highlights

  • Cape Cod Architecture
  • Level Lot
  • Back Yard
  • No HOA

About This Home

As of February 2022

There are MULTIPLE OFFERS on this property. Seller has requested Highest and Best by 12pm 1/3/22.
All brick cape cod in New Castle located only a couple of minutes away from all major roads to Philadelphia or Washington or New Jersey. This property comes with a flat backyard and shed and shaded patio. Inside you will find a bedroom on the main floor with it's adjacent bathroom. Upstairs is a second and potential third bedroom. There is also a full basement.
This property is eligible under the Freddie Mac First Look Initiative through 01/22/2022. Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in AS IS condition.

Last Agent to Sell the Property

Daniel Logan

(302) 234-6089 dan@danlogan.com Patterson-Schwartz-Hockessin License #R3-0016334 Listed on: 12/23/2021

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Corey Harris

(302) 729-2881 team@crownhomesre.com Crown Homes Real Estate License #RS-368137

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1948

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Back Yard
  • Property is zoned NC5

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Full Bathroom

Outdoor Features

  • Outbuilding

Community Details

  • No Home Owners Association
  • Collins Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-015.20-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,250

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block, Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 58.25
  • Above Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 720
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • 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: Brick
  • Exterior Features: Outbuilding(s), Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Zoning: NC5
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2311316
  • Tax Annual Amount: 1250.00
  • Assessor Parcel Number: 10-015.20-029
  • Tax Year: 2021

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Serrano Jose
Bought by
Wise Hilary Nicole
Current Estimated Value
$255,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Outstanding Balance
$285,857
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
-$30,663

Purchase Details

Listed on
Dec 23, 2021
Closed on
Jan 12, 2022
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Serrano Jose
Seller's Agent
Daniel Logan
Patterson-Schwartz-Hockessin
Buyer's Agent
Corey Harris
Crown Homes Real Estate
List Price
$69,900
Sold Price
$87,000
Premium/Discount to List
$17,100
24.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.64%
Original Mortgage
$90,000
Interest Rate
2.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2021
Sold by
Crumb Ricky Allen and Estate Of Herbert H Crumb
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 17, 2021
Sold by
Crumb Ricky Allen and Estate Of Herbert H Crumb
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wise Hilary Nicole -- None Listed On Document
Serrano Jose $87,000 None Listed On Document
Serrano Jose $87,000 None Listed On Document
Federal Home Loan Mortgage Corporation $79,227 None Available
Federal Home Loan Mortgage Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wise Hilary Nicole $291,000
Previous Owner Serrano Jose $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2022 02/14/22 Sold $87,000 0.0% $73 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
01/04/2022 01/04/22 Off Market $87,000 -- --
12/23/2021 12/23/21 For Sale $69,900 -- $58 / 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 $1,720 $50,100 $5,900 $44,200
2023 $1,105 $35,400 $5,900 $29,500
2022 $1,151 $35,400 $5,900 $29,500
2021 $143 $35,400 $5,900 $29,500
2020 $1,534 $35,400 $5,900 $29,500
2019 $143 $35,400 $5,900 $29,500
2018 $36 $35,400 $5,900 $29,500
2017 -- $35,400 $5,900 $29,500
2016 -- $35,400 $5,900 $29,500
2015 -- $35,400 $5,900 $29,500
2014 -- $35,400 $5,900 $29,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2013376

Bright MLS

APN: 10-015.20-029