Seller's Agent in 2018
Lee Buzalek
EXP Realty, LLC
(302) 528-0222
1 in this area
97 Total Sales
123 Chadd Rd Newark, DE 19711
Pike Creek NeighborhoodEstimated Value: $350,000 - $490,000
--
Bed
4
Baths
2,250
Sq Ft
$191/Sq Ft
Est. Value
Highlights
- No HOA
- En-Suite Primary Bedroom
- Back Up Electric Heat Pump System
- Wilson (Etta J.) Elementary School Rated 9+
- Central Air
About This Home
As of May 2018Very rare opportunity to own a multi-family home in Drummond Ridge in Pike Creek DE. Live in one home and rent out the other or rent out both units. Each unit has a separate front entrance, Upper unit is currently rented. Lower was recently renovated and also has a full daylight walk out basement which could easily be finished. The room dimensions are the same for both units. Each unit has 2 bedrooms and 2 bedrooms and 2 full bathrooms. Both units are equipped with washer, dryer and refrigerator and have spacious decks. LR 20 x 16 Kit 11 x 9 Main BTR 8 x 5 Master BDR 16 x 10 Master BTR 7 x 5 second BR 14 x 12 L shaped basement is 33 x 16.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,074
Year Built
- Built in 1986
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 83x105
Parking
- 4 Open Parking Spaces
Home Design
- 2,250 Sq Ft Home
- Duplex
- Vinyl Siding
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Utilities
- Central Air
- Back Up Electric Heat Pump System
- 100 Amp Service
- Electric Water Heater
Additional Features
- En-Suite Primary Bedroom
- Laundry in unit
Listing and Financial Details
- Tax Lot 177
- Assessor Parcel Number 08-048.20-177
Community Details
Overview
- No Home Owners Association
- Drummond Ridge Subdivision
Building Details
- Operating Expense $3,074
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 7, 2021
Sold by
Mcmillan John and Mcmillan Amanda
Bought by
123 123A Chadd Llc
Current Estimated Value
Purchase Details
Listed on
Feb 22, 2018
Closed on
May 8, 2018
Sold by
Domy Llc
Bought by
Mcmillan John and Mcmillan Amanda F
Seller's Agent
Lee Buzalek
EXP Realty, LLC
Buyer's Agent
Jason Strickland
EXP Realty, LLC
List Price
$295,000
Sold Price
$255,000
Premium/Discount to List
-$40,000
-13.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$191,250
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 1, 2012
Bought by
Domy Llc
Purchase Details
Closed on
Dec 16, 2004
Sold by
Stone Robert G
Bought by
Musik Olgierd and Musik Krystyna
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 123 123A Chadd Llc | -- | None Available | |
| Mcmillan John | $255,000 | None Available | |
| Domy Llc | $225,000 | -- | |
| Musik Olgierd | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcmillan John | $191,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/25/2018 05/25/18 | Sold | $255,000 | -13.6% | $113 / Sq Ft |
| 04/13/2018 04/13/18 | Pending | -- | -- | -- |
| 02/22/2018 02/22/18 | For Sale | $295,000 | -- | $131 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,003 | $94,000 | $12,600 | $81,400 |
| 2023 | $3,893 | $94,000 | $12,600 | $81,400 |
| 2022 | $3,884 | $94,000 | $12,600 | $81,400 |
| 2021 | $3,802 | $94,000 | $12,600 | $81,400 |
| 2020 | $3,703 | $94,000 | $12,600 | $81,400 |
| 2019 | $3,350 | $94,000 | $12,600 | $81,400 |
| 2018 | $195 | $94,000 | $12,600 | $81,400 |
| 2017 | $3,066 | $94,000 | $12,600 | $81,400 |
| 2016 | $3,066 | $94,000 | $12,600 | $81,400 |
| 2015 | $2,793 | $94,000 | $12,600 | $81,400 |
| 2014 | $2,792 | $94,000 | $12,600 | $81,400 |
Source: Public Records
Agents Affiliated with this Home
-
Lee Buzalek
-
Jason Strickland
Buyer's Agent in 2018
Jason Strickland
EXP Realty, LLC
(302) 290-4370
Map
Source: Bright MLS
MLS Number: 1000186106
APN: 08-048.20-177
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