NOT LISTED FOR SALE

116 W 5th St New Castle, DE 19720

Estimated Value: $401,176 - $477,000

3 Beds
2 Baths
2,145 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $475,000 $221 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,475/month

36 Days on Market

Highlights

  • Traditional Architecture
  • 2 Fireplaces
  • No HOA
  • Wood Flooring
  • Bonus Room
  • Breakfast Room

About This Home

As of August 2024

Welcome to this charming 3 bedroom, 2.0 bathroom home located in the Historic District of New Castle, DE. This Traditional style home spans 2.5 levels/stories and offers a unique blend of historic charm and modern amenities. Step inside to find a cozy living room with high ceilings and a wood-burning fireplace, perfect for cold winter nights. The dining room is just off the living room and kitchen. The kitchen boasts 42-inch cabinets, an island, gas cooking, eating area and ceramic tile floor. There is a convenient first-floor laundry area. The family room features a gas fireplace, creating a warm and inviting space for relaxation and access to the large, screened porch overlooking the rear yard. There is a full bath on the main level. Upstairs, you'll find the primary bedroom and 2 additional bedrooms, all with wood floors. The bonus room on the third floor offers endless possibilities as a bedroom, office, playroom, or studio. The second full bath is just off the primary bedroom. There are lots of windows and skylights throughout the house to bring in the natural light. Outside, enjoy the convenience of a 3 CAR DETACHED GARAGE - a rare find in Old New Castle. The exterior features sidewalks and street lights, adding to the historic charm of the neighborhood. Relax on the open porch at the entrance or the screened porch overlooking the spacious rear yard. With central A/C and forced air heating, this home is comfortable year-round. There is also an on-demand hot water heater. This home is located just a short walk from Battery Park and the Delaware River, tennis/pickleball courts, the library and numerous dining and shopping locations. Make your appointment today to see the many benefits this home has to offer.
Don't miss the opportunity to own a piece of history in the heart of New Castle. Schedule your showing today!

Last Agent to Sell the Property

Chris Cashman

(302) 545-2233 ccashman@psre.com Patterson-Schwartz-Newark License #AB067190 Listed on: 06/19/2024

Patterson-Schwartz-Newark

Last Buyer's Agent

Victor Koveleski

(302) 382-6799 vkoveleski@yahoo.com Long & Foster Real Estate, Inc. License #R3-0018607

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,435

Year Built

  • Built in 1927

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 30 x 160

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2.5 Levels
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Corner Fireplace
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Wood Flooring
  • Breakfast Room
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Old New Castle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21015.00051

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,435

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Freezer and refrigerator in garage, island in kitchen, roll-top desk in kitchen, bunkbed in attic, yard/lawn equipment, shelving in basement, attic and garage, treadmill, window a/c dresser in bedroom
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1927
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Skylight(s), Window Treatments, Wood Floors
  • Fireplace Features: Corner, Fireplace - Glass Doors, Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Breakfast Room, Bonus Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2769
  • Living Area Sq Ft: 2145
  • Price Per Sq Ft: 223.78
  • Above Grade Finished Sq Ft: 2145
  • Below Grade Sq Ft: 624
  • Total Below Grade Sq Ft: 624
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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 Size Acres: 0.11
  • Lot Dimensions: 30 X 160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning: HR
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 2435.00
  • Assessor Parcel Number: 21015.00051
  • Tax Year: 2023

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 16, 2024
Sold by
Adams Thomas K and Adams Karen E
Bought by
Youstic Roseanne
Seller's Agent
Chris Cashman
Patterson-Schwartz-Newark
Buyer's Agent
Victor Koveleski
Long & Foster Real Estate, Inc.
List Price
$510,000
Sold Price
$475,000
Premium/Discount to List
-$35,000
-6.86%
Views
56
Current Estimated Value
$443,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,706
Avg. Annual Appreciation
-5.10%

Purchase Details

Listed on
Sep 10, 2013
Closed on
Oct 24, 2013
Sold by
Thatcher Robert F and Thatcher Holly W
Bought by
Adams Thomas K and Adams Karen E
Seller's Agent
Chris Cashman
Patterson-Schwartz-Newark
Buyer's Agent
Carl Wahlig
RE/MAX Edge
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$270,000
Interest Rate
4.56%
Mortgage Type
New Conventional
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
Youstic Roseanne -- None Listed On Document
Adams Thomas K $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Thomas K $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2024 08/16/24 Sold $475,000 -1.0% $221 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/08/2024 07/08/24 Price Changed $480,000 -4.0% $224 / Sq Ft
06/24/2024 06/24/24 Price Changed $499,900 -2.0% $233 / Sq Ft
06/19/2024 06/19/24 For Sale $510,000 +70.0% $238 / Sq Ft
10/24/2013 10/24/13 Sold $300,000 0.0% $163 / Sq Ft View Prior Sale
09/17/2013 09/17/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $299,900 -- $163 / 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 $1,794 $62,500 $9,600 $52,900
2023 $1,622 $62,500 $9,600 $52,900
2022 $1,685 $62,500 $9,600 $52,900
2021 $1,661 $62,500 $9,600 $52,900
2020 $1,678 $62,500 $9,600 $52,900
2019 $1,881 $62,500 $9,600 $52,900
2018 $1,653 $62,500 $9,600 $52,900
2017 $1,545 $62,500 $9,600 $52,900
2016 $1,351 $62,500 $9,600 $52,900
2015 $1,352 $62,500 $9,600 $52,900
2014 $1,352 $62,500 $9,600 $52,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2063378

Bright MLS

APN: 21-015.00-051