NOT LISTED FOR SALE

1400 Morrison Ave New Castle, DE 19720

Estimated Value: $228,000 - $286,000

3 Beds
1 Bath
975 Sq Ft
$274/Sq Ft Est. Value

Last Sold July 13, 2012

Last sale price $55,000 $56 Per Sq Ft

Est. 387% increase in value since last sale

Current estimated payment $1,522/month

Highlights

  • Rambler Architecture
  • Attic
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Living Room

About This Home

As of July 2012

Short Sale. Bank of America has approved and set the listing price at $66K. Investor property or Rehab Loan. 3BR, 1.0 Full Bath Ranch. Very quaint and solid brick exterior. Needs some TLC. Overall a great buy. Full unfinished basement. Property to be sold as is with inspections for informational purposes only.

Last Agent to Sell the Property

Andy Mulrine

(302) 547-7139 andymulrine@gmail.com RE/MAX Associates-Hockessin License #RS308786 Listed on: 02/21/2012

RE/MAX Associates-Hockessin

Last Buyer's Agent

Ruth Lyons

Ruth.Lyons@foxroach.com BHHS Fox & Roach - Hockessin License #TREND:60025226

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 106x81
  • Corner Lot
  • Property is in good condition
  • Property is zoned NC5

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 975 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Manor Park Subdivision

Listing and Financial Details

  • Tax Lot 339
  • Assessor Parcel Number 10-014.10-339

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Refrigerator, Washer, Dryer, Personal Property
  • Inclusions: Stove
  • New Construction: No
  • Year Built: 1953
  • Remarks Public: Short Sale. Bank of America has approved and set the listing price at $66K. Investor property or Rehab Loan. 3BR, 1.0 Full Bath Ranch. Very quaint and solid brick exterior. Needs some TLC. Overall a great buy. Full unfinished basement. Property to be sold as is with inspections for informational purposes only.
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 975
  • Living Area Sq Ft: 975
  • Net Sq Ft: 975.00
  • Price Per Sq Ft: 67.69
  • Above Grade Finished Sq Ft: 975
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1400

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: COLONIAL
  • School District Key: 300200396891

Lot Info

  • Improvement Assessed Value: 34600.00
  • Land Assessed Value: 6700.00
  • Lot Features: Corner
  • Lot Size Acres: 0.20
  • Lot Dimensions: 106X81
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Property Condition: Good
  • Zoning: NC5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2310055
  • Tax Annual Amount: 921.00
  • Assessor Parcel Number: 10-014.10-339
  • Tax Lot: 339
  • Tax Year: 2011
  • Close Date: 07/13/2012

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2012
Closed on
Jul 12, 2012
Sold by
Croes Lanspeary Cindy Anne
Bought by
Maza Parra Angela A
Seller's Agent
Andy Mulrine
RE/MAX Associates-Hockessin
Buyer's Agent
Ruth Lyons
BHHS Fox & Roach - Hockessin
List Price
$79,900
Sold Price
$55,000
Premium/Discount to List
-$24,900
-31.16%
Current Estimated Value
$267,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,615
Avg. Annual Appreciation
12.64%
Original Mortgage
$53,075
Outstanding Balance
$36,689
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$230,926

Purchase Details

Closed on
Sep 22, 2006
Sold by
Sapala Thomas W
Bought by
Croes Lanspeary Cindy Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Maza Parra Angela A $27,500 None Available
Croes Lanspeary Cindy Anne $82,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maza Parra Angela A $53,075
Previous Owner Croes Lanspeary Cindy Anne $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2012 07/13/12 Sold $55,000 -16.7% $56 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
04/13/2012 04/13/12 Price Changed $66,000 -2.9% $68 / Sq Ft
03/22/2012 03/22/12 Price Changed $68,000 -14.9% $70 / Sq Ft
02/21/2012 02/21/12 For Sale $79,900 -- $82 / 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 $1,418 $41,300 $6,700 $34,600
2023 $1,289 $41,300 $6,700 $34,600
2022 $1,343 $41,300 $6,700 $34,600
2021 $1,342 $41,300 $6,700 $34,600
2020 $1,350 $41,300 $6,700 $34,600
2019 $1,539 $41,300 $6,700 $34,600
2018 $1,324 $41,300 $6,700 $34,600
2017 $1,238 $41,300 $6,700 $34,600
2016 $1,108 $41,300 $6,700 $34,600
2015 $1,108 $41,300 $6,700 $34,600
2014 $1,109 $41,300 $6,700 $34,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003854692

Bright MLS

APN: 10-014.10-339