NOT LISTED FOR SALE

1602 Wilmington Rd New Castle, DE 19720

Estimated Value: $233,000 - $336,000

3 Beds
2 Baths
1,400 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $290,000 $207 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,517/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Back, Front, and Side Yard
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of June 2023

Situated on almost a quarter acre lot in New Castle, this completely renovated home offers modern conveniences that seamlessly combine with historic charm. A covered front porch and large bay windows allow ample sunlight to shine in and illuminate beautiful luxury vinyl plank flooring that spans the entire open-concept first floor from the living room entry to the brand-new kitchen. Stainless steel appliances and granite countertops make cooking a breeze while you are easily entertaining friends and family. The all white cabinets and tile backsplash add to the luxurious feel while a fully redone bathroom with a tub/shower rounds out the main floor. Upstairs you will find all three bedrooms with new carpets and a hand-tiled full bathroom with modern appliances. A finished basement creates the bonus space you are looking for with room to add a family room, play room, or home office. Practically worry-free, this home boasts a brand new roof, new siding, all new windows, all new doors, new front porch, new back patio, new HVAC, new hot water heater, new LVP flooring downstairs, new carpets upstairs, new lighting, new paint, 2 new bathrooms, and a brand new kitchen! The extra long driveway connects to the paved back patio and creates tons of additional parking. Located close to major routes including 141 and 295, and in walking distance to multiple parks and restaurants, this home is perfect for locals and commuters alike. Don’t miss your chance to own this stunning like-new home and book your tour today!

Last Agent to Sell the Property

Jeff Stape

(302) 202-9855 jeff.stape@compass.com Compass License #RB0001709 Listed on: 05/11/2023

Compass

Co-Listed By

Mark Stape

(302) 507-5611 mark.stape@compass.com Compass License #RS-2184965

Last Buyer's Agent

Craig Harris

(302) 598-8281 craig@chreteam.com Crown Homes Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1872

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 84.00 x 120.00
  • Chain Link Fence
  • Board Fence
  • Back, Front, and Side Yard
  • Additional Parcels
  • Property is zoned 21R-2

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Fenced Parking

Outdoor Features

  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 21-004.00-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,052

Year Built

Built in 1872

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1872
  • Automatically Close On Close Date: No
  • Remarks Public: Situated on almost a quarter acre lot in New Castle, this completely renovated home offers modern conveniences that seamlessly combine with historic charm. A covered front porch and large bay windows allow ample sunlight to shine in and illuminate beautiful luxury vinyl plank flooring that spans the entire open-concept first floor from the living room entry to the brand-new kitchen. Stainless steel appliances and granite countertops make cooking a breeze while you are easily entertaining friends and family. The all white cabinets and tile backsplash add to the luxurious feel while a fully redone bathroom with a tub/shower rounds out the main floor. Upstairs you will find all three bedrooms with new carpets and a hand-tiled full bathroom with modern appliances. A finished basement creates the bonus space you are looking for with room to add a family room, play room, or home office. Practically worry-free, this home boasts a brand new roof, new siding, all new windows, all new doors, new front porch, new back patio, new HVAC, new hot water heater, new LVP flooring downstairs, new carpets upstairs, new lighting, new paint, 2 new bathrooms, and a brand new kitchen! The extra long driveway connects to the paved back patio and creates tons of additional parking. Located close to major routes including 141 and 295, and in walking distance to multiple parks and restaurants, this home is perfect for locals and commuters alike. Don’t miss your chance to own this stunning like-new home and book your tour today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 207.14
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1602

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Fenced
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Fencing: Chain Link, Board
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.23
  • Lot Dimensions: 84.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10018.80
  • Year Assessed: 2022
  • Zoning: 21R-2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 634.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1052.00
  • Assessor Parcel Number: 21-004.00-039
  • Tax Total Finished Sq Ft: 1225
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/20/2023

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 20, 2023
Sold by
Nasr Safwat
Bought by
Wortham Tracee
Seller's Agent
Jeff Stape
Compass
Buyer's Agent
Craig Harris
Crown Homes Real Estate
List Price
$279,900
Sold Price
$290,000
Premium/Discount to List
$10,100
3.61%
Views
119
Current Estimated Value
$275,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,997
Avg. Annual Appreciation
-4.53%
Original Mortgage
$11,389
Outstanding Balance
$11,154
Interest Rate
6.35%
Estimated Equity
$250,141

Purchase Details

Listed on
Dec 28, 2020
Closed on
Apr 7, 2021
Sold by
Petty Hester L
Bought by
Nasr Safwat
Seller's Agent
Laura Greeley
Compass
Buyer's Agent
Jeff Stape
Compass
List Price
$249,900
Sold Price
$150,000
Premium/Discount to List
-$99,900
-39.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.94%
Original Mortgage
$125,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 1989
Bought by
Petty Hester L
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
Wortham Tracee -- None Listed On Document
Nasr Safwat $130,000 None Available
Petty Hester L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wortham Tracee $11,389
Open Wortham Tracee $284,747
Previous Owner Nasr Safwat $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $290,000 0.0% $207 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/15/2023 05/15/23 Price Changed $290,000 +3.6% $207 / Sq Ft
05/11/2023 05/11/23 For Sale $279,900 +86.6% $200 / Sq Ft
04/07/2021 04/07/21 Sold $150,000 -14.3% $122 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/12/2021 03/12/21 Price Changed $175,099 +17.4% $143 / Sq Ft
03/12/2021 03/12/21 Price Changed $149,099 -40.3% $122 / Sq Ft
02/05/2021 02/05/21 Price Changed $249,900 0.0% $204 / Sq Ft
02/05/2021 02/05/21 For Sale $249,900 +66.6% $204 / Sq Ft
01/14/2021 01/14/21 Off Market $150,000 -- --
12/29/2020 12/29/20 For Sale $199,000 +32.7% $162 / Sq Ft
12/28/2020 12/28/20 Off Market $150,000 -- --
12/28/2020 12/28/20 For Sale $199,000 -- $162 / 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 $775 $27,000 $5,400 $21,600
2023 $701 $27,000 $5,400 $21,600
2022 $728 $27,000 $5,400 $21,600
2021 $717 $27,000 $5,400 $21,600
2020 $575 $27,000 $5,400 $21,600
2019 $36 $27,000 $5,400 $21,600
2018 $36 $27,000 $5,400 $21,600
2017 -- $27,000 $5,400 $21,600
2016 -- $27,000 $5,400 $21,600
2015 -- $27,000 $5,400 $21,600
2014 $276 $27,000 $5,400 $21,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2042630

Bright MLS

APN: 21-004.00-039