NOT LISTED FOR SALE

16 Ritter Ln Newark, DE 19711

Estimated Value: $453,000 - $551,000

3 Beds
2 Baths
1,550 Sq Ft
$320/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $475,000 $306 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,844/month

Highlights

  • No HOA
  • 5-minute walk to Newark
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage

About This Home

As of May 2024

This home is located at 16 Ritter Ln, Newark, DE 19711 since 22 April 2024 and is currently estimated at $495,488, approximately $319 per square foot. This property was built in 1961. 16 Ritter Ln is a home located in New Castle County with nearby schools including West Park Place Elementary School, Shue-Medill Middle School, and Newark High School.

Last Agent to Sell the Property

Adrian Jones

(302) 932-0834 ajones@psre.com Patterson-Schwartz - Greenville License #RS315348 Listed on: 04/22/2024

Patterson-Schwartz - Greenville

Last Buyer's Agent

Nicholas Baldini

(302) 234-3618 nbaldini@psre.com Patterson-Schwartz-Hockessin License #RA-0020226

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,911

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • Property is zoned 18RS

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Split Level Home
  • Block Foundation
  • Vinyl Siding
  • Chimney Cap

Interior Spaces

  • 1,550 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 018-032.00-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,911

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: No
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1550
  • Living Area Sq Ft: 1550
  • Price Per Sq Ft: 289.68
  • Above Grade Finished Sq Ft: 1550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Chimney Cap(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Zoning: 18RS
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2911.00
  • Assessor Parcel Number: 018-032.00-012
  • Tax Year: 2022
  • Close Date: 05/10/2024

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
May 10, 2024
Sold by
Campbell Mark W
Bought by
Conaway Enterprises Nc Llc
Seller's Agent
Adrian Jones
Patterson-Schwartz - Greenville
Buyer's Agent
Nicholas Baldini
Patterson-Schwartz-Hockessin
List Price
$449,000
Sold Price
$475,000
Premium/Discount to List
$26,000
5.79%
Views
4
Current Estimated Value
$495,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,488
Avg. Annual Appreciation
3.04%

Purchase Details

Listed on
Aug 9, 2014
Closed on
Oct 10, 2014
Sold by
Gary Lane M
Bought by
Campbell Mark W
Seller's Agent
Jim Halligan
RE/MAX Associates - Newark
Buyer's Agent
Katina Geralis
EXP Realty, LLC
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%

Purchase Details

Closed on
Oct 10, 2007
Sold by
Hawthorne Luana B and Duncan Mary Frances
Bought by
Gary Lane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Conaway Enterprises Nc Llc -- None Listed On Document
Campbell Mark W $285,000 None Available
Gary Lane M $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gary Lane M $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $475,000 +5.8% $306 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $449,000 +57.5% $290 / Sq Ft
10/10/2014 10/10/14 Sold $285,000 -5.0% $184 / Sq Ft View Prior Sale
08/28/2014 08/28/14 Pending -- -- --
08/09/2014 08/09/14 For Sale $299,900 -- $193 / 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 $2,479 $66,900 $13,100 $53,800
2023 $2,419 $66,900 $13,100 $53,800
2022 $2,393 $66,900 $13,100 $53,800
2021 $2,329 $66,900 $13,100 $53,800
2020 $2,329 $66,900 $13,100 $53,800
2019 $2,329 $66,900 $13,100 $53,800
2018 $1,939 $66,900 $13,100 $53,800
2017 $1,882 $66,900 $13,100 $53,800
2016 $1,877 $66,900 $13,100 $53,800
2015 $1,682 $66,900 $13,100 $53,800
2014 $1,682 $66,900 $13,100 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2060002

Bright MLS

APN: 18-032.00-012