RENTED MAY 12, 2025

124 Tyre Ave Newark, DE 19711

Estimated Value: $306,000 - $417,000

3 Beds
1 Bath
1,200 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 27, 2012

Last sale price $230,000 $192 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,975/month

Highlights

  • Cape Cod Architecture
  • Deck
  • No HOA
  • West Park Place Elementary School Rated A-
  • Wood Flooring
  • Living Room

About This Home

As of May 2025

3 bed 1 bath house for rent in the heart of Downtown Newark, DE. Walking distance to UD facilities and all amenities Main St. has to offer. Full basement, oversized 2 car detached garage, large driveway, and a fenced in backyard. Home is in great shape and offers a lot of space and privacy for the area. Extra parking available with 2 on-street parking spots (permits provided by city). Perfect opportunity for UD faculty/students, or anyone wanting to live in a vibrant downtown area close to all major commuting routes. Tenant(s) responsible for lawn care/snow removal and all utilities. Existing FIOS internet hook up. Security/alarm system installed. Parental co-signer required for student rentals. Available June 1st. Contact for more information

Last Agent to Rent the Property

Reid Hubbard

(302) 369-5397 newarkoffice@c21gk.com Century 21 Gold Key Realty Listed on: 04/29/2025

Century 21 Gold Key Realty

Last Renter's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x129
  • Level Lot

Parking

  • 3 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • Living Room
  • Home Security System

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,900
  • Tenant pays for electricity, gas, water, sewer, lawn/tree/shrub care, snow removal
  • 12-Month Min and 36-Month Max Lease Term
  • Available 6/1/25
  • Assessor Parcel Number 18-021.00-037

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Date Available: 2025-06-01
  • Pet Deposit: 2900.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 2900.00
  • Tenant Pays: Electricity, Gas, Water, Sewer, Lawn/Tree/Shrub Care, Snow Removal
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range Hood, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal
  • Flooring Type: Wood, Fully Carpeted, Stone
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1.5
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Net Sq Ft: 750.00
  • Price Per Sq Ft: 2.42
  • Above Grade Finished Sq Ft: 1200
  • 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: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Private Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Dimensions: 60X129
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R

Tax Info

  • Assessor Parcel Number: 18-021.00-037

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2011
Closed on
Feb 27, 2012
Sold by
Strecker Charles R
Bought by
Nilsson Corey R
Seller's Agent
Brian Hadley
Patterson-Schwartz-Hockessin
Buyer's Agent
Wendy Henderson
RE/MAX Associates-Hockessin
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$372,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,690
Avg. Annual Appreciation
3.53%
Original Mortgage
$218,500
Outstanding Balance
$150,237
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$222,453
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
Nilsson Corey R $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nilsson Corey R $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2025 05/12/25 Rented $2,900 0.0% --
04/29/2025 04/29/25 For Rent $2,900 +52.6% --
05/13/2019 05/13/19 Rented $1,900 0.0% --
04/01/2019 04/01/19 For Rent $1,900 +2.7% --
07/01/2018 07/01/18 Rented $1,850 -7.5% --
05/24/2018 05/24/18 Under Contract -- -- --
03/26/2018 03/26/18 For Rent $2,000 0.0% --
02/27/2012 02/27/12 Sold $230,000 -8.0% $118 / Sq Ft View Prior Sale
01/18/2012 01/18/12 Pending -- -- --
10/06/2011 10/06/11 For Sale $249,900 -- $128 / Sq Ft
Source: Bright MLS

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 $453 $42,900 $10,600 $32,300
2023 $1,551 $42,900 $10,600 $32,300
2022 $1,535 $42,900 $10,600 $32,300
2021 $1,495 $42,900 $10,600 $32,300
2020 $1,452 $42,900 $10,600 $32,300
2019 $1,273 $42,900 $10,600 $32,300
2018 $1,244 $42,900 $10,600 $32,300
2017 $1,207 $42,900 $10,600 $32,300
2016 $1,203 $42,900 $10,600 $32,300
2015 $1,079 $42,900 $10,600 $32,300
2014 $1,078 $42,900 $10,600 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2080460

Bright MLS

APN: 18-021.00-037