NOT LISTED FOR SALE

1505 Smith Way Newark, DE 19702

Estimated Value: $220,346 - $273,000

2.99 Acres
$84,877 Price per Acre
130,244 Sq Ft Lot

Last Sold December 15, 2022

Last sale price $250,000

Est. 2% increase in value since last sale

Current estimated payment $1,411/month

300 Days on Market

About This Lot

As of December 2022

2.99 acres residential building lot which has been surveyed in preparation for subdivision in to two equal building lots. Public water and public sewer available at the street and ready for you to build your dream home. Partially wooded with a stream that runs in the back of the lots. Easy access from 95, Old Baltimore Pike, and Rt. 40 within the Newark charter school radius . This is a quiet area yet close to all of town/city amenities. No builder tie in so you can just bring your builder and go.

Last Agent to Sell the Property

Mike McGavisk

(302) 530-1553 mike@yourroadhome.com Empower Real Estate, LLC License #023425 Listed on: 01/18/2022

Empower Real Estate, LLC

Co-Listed By

Renee Mazzola

(302) 383-6793 reneetmazzola@gmail.com VRA Realty License #RS-0022310

Last Buyer's Agent

Phil Merola

(302) 362-7139 pmerolabrg@gmail.com Bryan Realty Group License #RS0037509

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $930

Lot Details

  • 2.99 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 082
  • Assessor Parcel Number 11-012.00-082

Property Details

Property Type

Land

Est. Annual Taxes

$930

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.91

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.99
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 130244.00
  • Zoning: S
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 9683304
  • School Tax: 739.00
  • Tax Annual Amount: 930.00
  • Assessor Parcel Number: 11-012.00-082
  • Tax Lot: 082
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Dec 14, 2022
Sold by
Mazzola Patricia
Bought by
Bellante Ronald Louis and Lam Thu Thuy
Seller's Agent
Mike McGavisk
Empower Real Estate, LLC
Buyer's Agent
Phil Merola
Bryan Realty Group
List Price
$399,900
Sold Price
$250,000
Premium/Discount to List
-$149,900
-37.48%
Views
124
Current Estimated Value
$253,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,782
Avg. Annual Appreciation
0.52%

Purchase Details

Closed on
Sep 20, 2022
Sold by
Mazzola Antonio
Bought by
Mazzola Antonio and Mazzola Patricia

Purchase Details

Closed on
Apr 17, 2015
Bought by
Mazzola Antonio
Source: Public Records

Range of Values:

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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
Bellante Ronald Louis $185,000 --
Mazzola Antonio -- --
Mazzola Antonio -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2022 12/15/22 Sold $250,000 +0.4% --
11/14/2022 11/14/22 Pending -- -- --
09/14/2022 09/14/22 Price Changed $249,000 -17.0% --
07/14/2022 07/14/22 Price Changed $300,000 -16.7% --
05/06/2022 05/06/22 Price Changed $360,000 -10.0% --
01/18/2022 01/18/22 For Sale $399,900 -- --
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 $979 $23,000 $23,000 $0
2023 $953 $23,000 $23,000 $0
2022 $950 $23,000 $23,000 $0
2021 $930 $23,000 $23,000 $0
2020 $906 $23,000 $23,000 $0
2019 $801 $23,000 $23,000 $0
2018 $780 $23,000 $23,000 $0
2017 $752 $23,000 $23,000 $0
2016 $750 $23,000 $23,000 $0
2015 $374 $23,000 $23,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2015054

Bright MLS

APN: 11-012.00-082