NOT LISTED FOR SALE

16 Cherry Rd New Castle, DE 19720

Estimated Value: $297,583 - $322,000

3 Beds
1 Bath
1,075 Sq Ft
$288/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $282,000 $262 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,849/month

2 Days on Market

Highlights

  • Wood Burning Stove
  • Rambler Architecture
  • Forced Air Heating and Cooling System

About This Home

As of April 2023

This 3 bed 1 bath ranch has loads of potential. Updated kitchen leads to nice screen porch and large rear yard. Hardwood floors and a finished basement that doubles your living space.

Last Agent to Sell the Property

William Heath

Remax Vision License #RMR002640 Listed on: 03/05/2023

Remax Vision

Last Buyer's Agent

Cat Casmay

Sky Realty License #RS0037505

Sky Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1966

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60.00 x 98.40
  • Property is zoned NC6.5

HOA Fees

  • $7 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,075 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Stove

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 305
  • Assessor Parcel Number 10-023.10-305

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,506

Year Built

Built in 1966

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Kitchen appliances
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-03-05
  • Federal Flood Zone: No
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Remarks Public: This 3 bed 1 bath ranch has loads of potential. Updated kitchen leads to nice screen porch and large rear yard. Hardwood floors and a finished basement that doubles your living space.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full
  • Total Sq Ft: 1075
  • Living Area Sq Ft: 1075
  • Price Per Sq Ft: 255.81
  • Above Grade Finished Sq Ft: 1075
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Wood
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 20.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: COLONIAL
  • School District Key: 300200396891
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 38400.00
  • Land Assessed Value: 9100.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: 60.00 x 98.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Year Assessed: 2022
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 2315328
  • School Tax: 1115.00
  • Tax Annual Amount: 1506.00
  • Assessor Parcel Number: 10-023.10-305
  • Tax Lot: 305
  • Tax Total Finished Sq Ft: 1075
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/20/2023

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2023
Closed on
Apr 20, 2023
Sold by
Baranyai Jeremy and Baranyai Christen
Bought by
Festus Michael Eric and Dirocco Dakota
Seller's Agent
William Heath
Remax Vision
Buyer's Agent
Cat Casmay
Sky Realty
List Price
$275,000
Sold Price
$282,000
Premium/Discount to List
$7,000
2.55%
Views
97
Current Estimated Value
$309,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,646
Avg. Annual Appreciation
4.15%
Original Mortgage
$282,000
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
May 28, 2010
Sold by
Stilwell Donald C and Stilwell Margaret L
Bought by
Baranyai Jeremy and Baranyai Christen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,207
Interest Rate
4.75%
Mortgage Type
FHA
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
Festus Michael Eric -- None Listed On Document
Baranyai Jeremy $172,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Festus Michael Eric $288,430
Closed Festus Michael Eric $282,000
Previous Owner Baranyai Jeremy $205,934
Previous Owner Baranyai Jerremy $212,000
Previous Owner Baranyai Jeremy $170,207
Previous Owner Baranyai Jeremy $10,000
Previous Owner Stilwell Donald C $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $282,000 +2.5% $262 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/05/2023 03/05/23 For Sale $275,000 -- $256 / 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 $1,584 $47,500 $9,100 $38,400
2023 $1,436 $47,500 $9,100 $38,400
2022 $1,506 $47,500 $9,100 $38,400
2021 $1,506 $47,500 $9,100 $38,400
2020 $1,516 $47,500 $9,100 $38,400
2019 $1,604 $47,500 $9,100 $38,400
2018 $1,485 $47,500 $9,100 $38,400
2017 $1,387 $47,500 $9,100 $38,400
2016 $1,239 $47,500 $9,100 $38,400
2015 $1,240 $47,500 $9,100 $38,400
2014 $1,240 $47,500 $9,100 $38,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2039108

Bright MLS

APN: 10-023.10-305