NOT LISTED FOR SALE

1121 Old Cooches Bridge Rd Newark, DE 19713

Southern Newark Neighborhood

Estimated Value: $316,000 - $475,000

4 Beds
2 Baths
2,750 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $170,000 $62 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,341/month

19 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • No HOA
  • Backs to Trees or Woods
  • Main Floor Bedroom
  • 1 Car Detached Garage

About This Home

As of June 2020

INVESTORS ALERT, CASH PURCHASE ONLY CRAFTSMAN style home with great potential situated on a .53 acre lot, This home has 4 bedrooms 2 full baths, 1 Bedroom on main floor, and full bathroom on main floor. Family room off of dining room. Upstairs find 3 bedrooms, 2nd floor hall bathroom. Large side garage with one garage door, storage buildings, so many extra rooms on first floor. Basement and out buildings have concrete floors. Property backs to Yorkshire development, but not a part of the HOA and not considered a part subdivision. All Kitchen appliances in "As Is Condition" to include heating system and all mechanical items. All outside garages and buildings are in "As Is Condition" with entire dwelling selling in "As Is" conditions. CASH ONLY with no inspections. Selling in As Is Condition NO REPAIRS WILL BE MADE. SALE AND TERMS ARE SUBJECT TO 3RD PARTY APPROVAL AND NEGOTIATING FEE of 2% TO BE CHARGED TO THE BUYER. Dan Shainsky, Showtime Real Estate negotiator.

Last Agent to Sell the Property

Peggy Sheehan

Patterson-Schwartz-Middletown License #RS-0020080 Listed on: 01/10/2020

Patterson-Schwartz-Middletown

Last Buyer's Agent

Jeff Stape

Compass License #RB0001709

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 161.20 x 148.00
  • Backs to Trees or Woods
  • Back, Front, and Side Yard

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Craftsman Architecture
  • Plaster Walls
  • Shingle Roof
  • Shake Siding
  • Stucco

Interior Spaces

  • 2,750 Sq Ft Home
  • Property has 2 Levels
  • Paneling
  • Dining Area
  • Library
  • Basement
  • Exterior Basement Entry

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Additional Features

  • Outbuilding
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Yorkshire Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-046.00-043

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Exclusions: Personal property
  • Home Warranty: No
  • Inclusions: Stove, refrigerator, Conveyed In "As Is Condition" and no warranties expressed or implied.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1931
  • Remarks Public: INVESTORS ALERT, CASH PURCHASE ONLY CRAFTSMAN style home with great potential situated on a .53 acre lot, This home has 4 bedrooms 2 full baths, 1 Bedroom on main floor, and full bathroom on main floor. Family room off of dining room. Upstairs find 3 bedrooms, 2nd floor hall bathroom. Large side garage with one garage door, storage buildings, so many extra rooms on first floor. Basement and out buildings have concrete floors. Property backs to Yorkshire development, but not a part of the HOA and not considered a part subdivision. All Kitchen appliances in "As Is Condition" to include heating system and all mechanical items. All outside garages and buildings are in "As Is Condition" with entire dwelling selling in "As Is" conditions. CASH ONLY with no inspections. Selling in As Is Condition NO REPAIRS WILL BE MADE. SALE AND TERMS ARE SUBJECT TO 3RD PARTY APPROVAL AND NEGOTIATING FEE of 2% TO BE CHARGED TO THE BUYER. Dan Shainsky, Showtime Real Estate negotiator.
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Dining Area, Entry Level Bedroom
  • Wall Ceiling Types: Dry Wall, Paneled Walls, Plaster Walls
  • Levels Count: 2
  • Room Count: 11
  • Room List: Library
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Living Area Units: Square Feet
  • Total Sq Ft: 2750
  • Living Area Sq Ft: 2750
  • Price Per Sq Ft: 63.64
  • Above Grade Finished Sq Ft: 2750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1121

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shake Siding, Stucco
  • Exterior Features: Outbuilding(s)
  • Roof: 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
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Lease: No
  • Lot Features: Backs To Trees, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.53
  • Lot Dimensions: 161.20 x 148.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23087.00
  • Zoning: R
  • Zoning Description: Residential
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2374400
  • Tax Annual Amount: 2967.00
  • Assessor Parcel Number: 18-046.00-043
  • Tax Year: 2019
  • Close Date: 06/12/2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Jun 12, 2020
Sold by
Heath Gerald C
Bought by
Gomez Investment Properties Llc
Seller's Agent
Peggy Sheehan
Patterson-Schwartz-Middletown
Buyer's Agent
Jeff Stape
Compass
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%
Current Estimated Value
$391,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,709
Avg. Annual Appreciation
17.99%
Original Mortgage
$210,000
Interest Rate
3.2%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 9, 1997
Bought by
Heath Gerald C
Source: Public Records

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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
Gomez Investment Properties Llc -- None Available
Heath Gerald C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gomez Investment Properties Llc $210,000
Previous Owner Heath Gerald C $175,000
Previous Owner Heath Gerald C $139,700
Previous Owner Heath Gerald C $25,000
Previous Owner Heath Gerald C $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $170,000 -2.9% $62 / Sq Ft
02/26/2020 02/26/20 Price Changed $175,000 -7.9% $64 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/19/2020 01/19/20 Price Changed $190,000 -5.0% $69 / Sq Ft
01/10/2020 01/10/20 Price Changed $199,999 0.0% $73 / Sq Ft
01/10/2020 01/10/20 For Sale $199,900 -- $73 / 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 $3,142 $84,800 $11,800 $73,000
2023 $3,066 $84,800 $11,800 $73,000
2022 $3,034 $84,800 $11,800 $73,000
2021 $2,764 $79,300 $11,800 $67,500
2020 $2,685 $79,300 $11,800 $67,500
2019 $2,353 $79,300 $11,800 $67,500
2018 $12,270 $79,300 $11,800 $67,500
2017 $614 $79,300 $11,800 $67,500
2016 $2,224 $79,300 $11,800 $67,500
2015 $1,994 $79,300 $11,800 $67,500
2014 $1,993 $79,300 $11,800 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC493066

Bright MLS

APN: 18-046.00-043