NOT LISTED FOR SALE

114 Cherry Ln New Castle, DE 19720

Estimated Value: $198,000 - $276,059

3 Beds
1 Bath
1,300 Sq Ft
$195/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $265,000 $204 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,438/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Oversized Parking

About This Home

As of March 2024

**If you or your clients are considering making an offer, we kindly ask that you submit it by 4 PM on Sunday, 2/11/24. We welcome offers of all levels and are committed to considering each one carefully. This is a fantastic opportunity to secure a wonderful home, and we encourage you to take part.
**Welcome to this newly renovated Cape Cod gem featuring 3 bedrooms, 1 bathroom, and a spacious yard with an oversized garage. Step into a freshly updated interior boasting modern amenities and a sleek bathroom. Enjoy year-round comfort with a brand new HVAC system providing efficient heating and cooling. This charming home exudes Cape Cod charm with its traditional architectural details. Situated in a convenient location close to shops, restaurants, schools, and parks, this property offers the ideal blend of modern luxury and classic appeal. Don't miss your chance to call this renovated Cape Cod home yours! Schedule a showing today. Some photos are virtually staged

Last Agent to Sell the Property

Brian Foraker

(302) 420-4616 brian@forakersales.com Foraker Realty Co. Listed on: 02/06/2024

Last Buyer's Agent

Daniel Richardson

(302) 438-2514 drichardson3rd@gmail.com Crown Homes Real Estate License #RS-0023741

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 1948

Lot Details

  • 8,276 Sq Ft Lot
  • Property is zoned NC5

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Collins Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-015.20-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,227

Year Built

Built in 1948

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
  • Expected On Market: 2024-02-10
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Price Per Sq Ft: 192.31
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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
  • Construction Materials: Brick
  • 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: Oversized
  • 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: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Zoning: NC5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1226.91
  • Assessor Parcel Number: 10-015.20-030
  • Tax Year: 2023

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 11, 2024
Sold by
Foraker Brian
Bought by
Watson Tarik
Seller's Agent
Brian Foraker
Foraker Realty Co.
Buyer's Agent
Daniel Richardson
Crown Homes Real Estate
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%
Views
217
Current Estimated Value
$253,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,235
Avg. Annual Appreciation
-2.46%
Original Mortgage
$257,050
Outstanding Balance
$252,822
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$943

Purchase Details

Listed on
Oct 13, 2023
Closed on
Dec 1, 2023
Sold by
Hollandsworth
Bought by
Foraker Brian
Seller's Agent
Jeffrey Brannock
Foraker Realty Co.
Buyer's Agent
Kate Meckley
Foraker Realty Co.
List Price
$200,000
Sold Price
$110,000
Premium/Discount to List
-$90,000
-45%
Views
194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2210.79%
Original Mortgage
$150,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2012
Sold by
Hollandsworth Joseph Kenneth and Hollandsworth Carol A
Bought by
Hollandsworth William
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
Watson Tarik -- None Listed On Document
Foraker Brian -- None Listed On Document
Hollandsworth William $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Tarik $257,050
Previous Owner Foraker Brian $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2024 03/11/24 Sold $265,000 +6.0% $204 / Sq Ft
02/06/2024 02/06/24 For Sale $250,000 +127.3% $192 / Sq Ft
12/01/2023 12/01/23 Sold $110,000 -45.0% $102 / Sq Ft View Prior Sale
11/27/2023 11/27/23 Price Changed $200,000 0.0% $186 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $200,000 -- $186 / 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 $1,239 $36,100 $6,000 $30,100
2023 $1,227 $36,100 $6,000 $30,100
2022 $1,174 $36,100 $6,000 $30,100
2021 $1,173 $36,100 $6,000 $30,100
2020 $1,180 $36,100 $6,000 $30,100
2019 $1,331 $36,100 $6,000 $30,100
2018 $1,157 $36,100 $6,000 $30,100
2017 $1,082 $36,100 $6,000 $30,100
2016 $968 $36,100 $6,000 $30,100
2015 $968 $36,100 $6,000 $30,100
2014 $969 $36,100 $6,000 $30,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2055882

Bright MLS

APN: 10-015.20-030