NOT LISTED FOR SALE

162 King William St Unit 162 Newark, DE 19711

Estimated Value: $186,191 - $195,000

2 Beds
1 Bath
1,000 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $87,500 $88 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,354/month

303 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • En-Suite Primary Bedroom
  • 1 Fireplace
  • Living Room
  • 4-minute walk to Elan Park

About This Home

As of April 2014

PRICED FOR A QUICK SALE!!! MOTIVATED SELLER!! 2BR 1.5BA Condo located very close to the University of Delaware. Condo has been updated including new paint throughout and a new kitchen with new countertops and tile backsplash. This home is perfect for first time home buyers or students attending the University of Delaware. The low monthly condo fees include water, sewer, trash, all exterior maintenance, lawn care and access to the community pool. This condo is FHA approved. Located near tons of shopping and restaurants and easy access to I-95.

Last Agent to Sell the Property

Andrea Harrington

Compass License #RA-0020228 Listed on: 05/22/2013

Compass

Last Buyer's Agent

Deborah Harris

RE/MAX Associates - Newark License #RB-0031053

RE/MAX Associates - Newark

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 1969

Lot Details

  • Property is in good condition

HOA Fees

  • $213 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Laundry on upper level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 015.C.0162
  • Assessor Parcel Number 18-023.00-015.C.0162

Community Details

Overview

  • Association fees include pool(s), common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, water, sewer, insurance
  • Williamsburg Vil Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,170

Year Built

Built in 1969

Lot Details

0

HOA Fees

$213 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Exclusions: Personal Property
  • Inclusions: Refrig
  • New Construction: No
  • Year Built: 1969
  • Remarks Public: PRICED FOR A QUICK SALE!!! MOTIVATED SELLER!! 2BR 1.5BA Condo located very close to the University of Delaware. Condo has been updated including new paint throughout and a new kitchen with new countertops and tile backsplash. This home is perfect for first time home buyers or students attending the University of Delaware. The low monthly condo fees include water, sewer, trash, all exterior maintenance, lawn care and access to the community pool. This condo is FHA approved. Located near tons of shopping and restaurants and easy access to I-95.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Net Sq Ft: 1000.00
  • Price Per Sq Ft: 99.90
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 162

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 213.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Water, Sewer, Insurance
  • HOA: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 32000.00
  • Land Assessed Value: 5600.00
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Zoning: 18RM

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2371050
  • Tax Annual Amount: 1170.00
  • Assessor Parcel Number: 18-023.00-015.C.0162
  • Tax Lot: 015.C.0162
  • Tax Year: 2013
  • Close Date: 04/30/2014

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2018
Sold by
Shipley Erik O
Bought by
Bornemann Linda and Bornemann Elizabeth
Current Estimated Value
$189,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$52,541
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$137,189

Purchase Details

Listed on
May 22, 2013
Closed on
Apr 30, 2014
Sold by
Steinbrecher Christopher W and Steinbrecher Robert W
Bought by
Shipley Erik Q
Seller's Agent
Andrea Harrington
Compass
Buyer's Agent
Deborah Harris
RE/MAX Associates - Newark
List Price
$99,900
Sold Price
$87,500
Premium/Discount to List
-$12,400
-12.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$70,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2001
Sold by
Wetzel Rosa
Bought by
Steinbrecher Christopher W and Steinbrecher Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
7.2%
Source: Public Records

Range of Values:

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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
Bornemann Linda $100,000 None Available
Shipley Erik Q $87,500 None Available
Steinbrecher Christopher W $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bornemann Linda $25,000
Open Bornemann Linda $60,000
Previous Owner Shipley Erik Q $70,000
Previous Owner Steinbrecher Christopher W $33,000
Previous Owner Steinbrecher Christopher W $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $87,500 -12.4% $88 / Sq Ft
03/24/2014 03/24/14 Price Changed $99,900 0.0% $100 / Sq Ft
03/24/2014 03/24/14 For Sale $99,900 0.0% $100 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
01/26/2014 01/26/14 Pending -- -- --
11/06/2013 11/06/13 Price Changed $99,900 -9.1% $100 / Sq Ft
08/16/2013 08/16/13 Price Changed $109,900 -5.2% $110 / Sq Ft
05/22/2013 05/22/13 For Sale $115,900 -- $116 / 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 $1,393 $37,600 $5,600 $32,000
2023 $1,360 $37,600 $5,600 $32,000
2022 $1,345 $37,600 $5,600 $32,000
2021 $1,311 $37,600 $5,600 $32,000
2020 $1,273 $37,600 $5,600 $32,000
2019 $1,116 $37,600 $5,600 $32,000
2018 $5,818 $37,600 $5,600 $32,000
2017 $291 $37,600 $5,600 $32,000
2016 $1,055 $37,600 $5,600 $32,000
2015 $945 $37,600 $5,600 $32,000
2014 $924 $37,600 $5,600 $32,000
Source: Public Records

Agents Affiliated with this Home

  • Andrea Harrington

    Seller's Agent in 2014

    Andrea Harrington

    Compass

    (302) 383-8360

    21 in this area

    699 Total Sales

    Andrea Harrington
    Section Image
  • Deborah Harris

    Buyer's Agent in 2014

    Deborah Harris

    RE/MAX

    (302) 373-4355

    3 in this area

    57 Total Sales

    Deborah Harris
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003464918

Bright MLS

APN: 18-023.00-015.C-0162

Delaware New Castle County Newark 19711

162 King William St Unit 162, Newark, DE

This home is located at 162 King William St Unit 162, Newark, DE 19711 since 22 May 2013 and is currently estimated at $189,730, approximately $189 per square foot. This property was built in 1969. 162 King William St Unit 162 is a home located in New Castle County with nearby schools including Downes (John R.) Elementary School, Shue-Medill Middle School, and Newark High School.

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