Seller's Agent in 2023
Keith Wortham
EXP Realty, LLC
(302) 388-6170
7 in this area
52 Total Sales
16 Malvern Ave Newark, DE 19713
Estimated Value: $316,000 - $324,707
3
Beds
1
Bath
1,300
Sq Ft
$246/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Laundry Room
- Family Room
- Living Room
- Forced Air Heating and Cooling System
- Property is in very good condition
About This Home
As of June 2023Welcome to 16 Malvern Ave where a bit of sweet equity could bring you into home ownership.
3-bedroom Split Level home conveniently located close to the University of Delaware, J.P. Morgan, downtown Newark with all its restaurants and shopping, the Newark Library and much more. The home features an eat in kitchen with all appliances and Living room with original hardwoods on the main level. There are 2 bedrooms and a full hall bath on the next level and a 3rd bedroom on the top level. There are lots of closets and storage space, original hardwoods in the Living room, newer windows, newer roof, and a huge back yard with 1 Sheds. The partial basement and family room with laundry and crawlspace provide additional storage.
This home is in Good shape however needs cosmetic repairs. It is also part of an estate where the family has done their best on the disclosures.
Last Agent to Sell the Property
EXP Realty, LLC License #RS-306579 Listed on: 05/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $504
Year Built
- Built in 1955
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 72.00 x 127.50
- Property is in very good condition
- Property is zoned NC6.5
HOA Fees
- $5 Monthly HOA Fees
Parking
- Driveway
Home Design
- Colonial Architecture
- Split Level Home
- Block Foundation
- Frame Construction
- Architectural Shingle Roof
Interior Spaces
- Property has 3 Levels
- Family Room
- Living Room
- Laundry Room
- Partially Finished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Newark High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Electric Water Heater
Community Details
- Brookside Park Subdivision
Listing and Financial Details
- Tax Lot 020
- Assessor Parcel Number 11-003.30-020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2023
Closed on
Jun 5, 2023
Sold by
Philhower Karen E
Bought by
Bandawe Vicky William
Seller's Agent
Keith Wortham
EXP Realty, LLC
Buyer's Agent
Sylvester Marchman
Precision Real Estate Group LLC
List Price
$270,000
Sold Price
$280,000
Premium/Discount to List
$10,000
3.7%
Views
100
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,927
Avg. Annual Appreciation
4.26%
Original Mortgage
$9,800
Outstanding Balance
$3,105
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$304,064
Purchase Details
Closed on
Jan 1, 1988
Bought by
Philhower Harvey L and Philhower Karen E
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 |
|---|---|---|---|
| Bandawe Vicky William | $280,000 | None Listed On Document | |
| Philhower Harvey L | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bandawe Vicky William | $9,800 | |
| Open | Bandawe Vicky William | $274,928 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2023 06/09/23 | Sold | $280,000 | +3.7% | $215 / Sq Ft |
| 05/13/2023 05/13/23 | Pending | -- | -- | -- |
| 05/10/2023 05/10/23 | For Sale | $270,000 | -- | $208 / 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 | $1,888 | $44,200 | $8,900 | $35,300 |
| 2023 | $1,083 | $44,200 | $8,900 | $35,300 |
| 2022 | $1,066 | $44,200 | $8,900 | $35,300 |
| 2021 | $1,080 | $44,200 | $8,900 | $35,300 |
| 2020 | $1,080 | $44,200 | $8,900 | $35,300 |
| 2019 | $956 | $44,200 | $8,900 | $35,300 |
| 2018 | $855 | $44,200 | $8,900 | $35,300 |
| 2017 | $819 | $44,200 | $8,900 | $35,300 |
| 2016 | $715 | $44,200 | $8,900 | $35,300 |
| 2015 | $624 | $44,200 | $8,900 | $35,300 |
| 2014 | $623 | $44,200 | $8,900 | $35,300 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Wortham
-
Sylvester Marchman
S
Buyer's Agent in 2023
Sylvester Marchman
Precision Real Estate Group LLC
(302) 566-8289
3 in this area
58 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2042332
APN: 11-003.30-020
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