NOT LISTED FOR SALE

1654 Otts Chapel Rd Newark, DE 19702

Estimated Value: $297,000 - $375,000

3 Beds
2 Baths
1,650 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $100,000 $61 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $1,986/month

Highlights

  • 0.87 Acre Lot
  • 1 Fireplace
  • Butlers Pantry
  • Rambler Architecture
  • No HOA
  • Living Room

About This Home

As of August 2015

Great investment property with 3 bedrooms and 2 full baths ranch house sittiing on nearly an acre lot with detached 2 plus car garage. House in need of repairs and has mold and water damage but worth the renovation. Basement can be used as family room or fourth bedroom. Property being sold is a short sale and sold AS-IS. Third party approval from sellers mortgage lender is required for agent commissions and all offers. Home inspections are for informational purposes only. If buyer decides to have a home inspection buyer is responsible for turning on water and electric if not on at the time of inspection. 3% third party short sale negotiator fee to be paid by buyer.

Last Agent to Sell the Property

Lakesia Campbell

(302) 494-6075 kesia@foxroach.com BHHS Fox & Roach-Greenville Listed on: 03/19/2015

BHHS Fox & Roach-Greenville

Last Buyer's Agent

RICHARD GRIEB

(610) 459-5500 rgrieb@weichert.com Weichert Realtors

Weichert Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 210x182
  • Subdivision Possible
  • Property is zoned NC21

Home Design

  • Rambler Architecture
  • Bi-Level Home
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,650 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Butlers Pantry
  • Self-Cleaning Oven
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Schools

  • Leasure Elementary School
  • Gauger-Cobbs Middle School
  • Glasgow High School

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Village Of Twin Lake Subdivision

Listing and Financial Details

  • Tax Lot 046
  • Assessor Parcel Number 11-012.00-046

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1969
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Self Cleaning
  • Interior Amenities: Butlers Pantry
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 1650
  • Living Area Sq Ft: 1650
  • Net Sq Ft: 1650.00
  • Price Per Sq Ft: 90.91
  • Above Grade Finished Sq Ft: 1650
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Construction Completed: No
  • 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: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: LEASURE
  • High School: GLASGOW
  • Middle Or Junior School: GAUGER-COBBS

Lot Info

  • Improvement Assessed Value: 36800.00
  • Land Assessed Value: 17000.00
  • Lot Features: Subdivision Possible
  • Lot Size Acres: 0.87
  • Lot Dimensions: 210X182
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 37897.00
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2336663
  • Tax Annual Amount: 1598.00
  • Assessor Parcel Number: 11-012.00-046
  • Tax Lot: 046
  • Tax Year: 2014

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2024
Sold by
Wegmans Comfort Homes Llc
Bought by
Wegman Deborah J and Wegman Charles R
Current Estimated Value
$342,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$147,784
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$195,175

Purchase Details

Closed on
Sep 25, 2018
Sold by
Wegman Deborah and Wegman Charles
Bought by
Wegmans Comfort Homes Llc

Purchase Details

Listed on
Mar 19, 2015
Closed on
Aug 7, 2015
Sold by
Malloch Janis E and Estate Of Elizabeth V Walker
Bought by
Wegman Deborah and Wegman Charles
Seller's Agent
Lakesia Campbell
BHHS Fox & Roach-Greenville
Buyer's Agent
RICHARD GRIEB
Weichert Realtors
List Price
$150,000
Sold Price
$100,000
Premium/Discount to List
-$50,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%

Purchase Details

Closed on
Aug 18, 2009
Sold by
Malloch Janis and Walker Elizabeth
Bought by
Malloch Janis and Walker Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2006
Sold by
Wissler Daniel M and Wissler Rachel A
Bought by
Malloch Janis and Walker Harvey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 15, 2004
Sold by
Prado Luis
Bought by
Wissler Daniel M and Wissler Rachel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.62%
Mortgage Type
New Conventional
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
Wegman Deborah J -- None Listed On Document
Wegman Jesse C -- None Listed On Document
Wegman Deborah J -- None Listed On Document
Wegmans Comfort Homes Llc -- None Available
Wegman Deborah $100,000 None Available
Malloch Janis -- None Available
Malloch Janis $310,000 None Available
Wissler Daniel M $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wegman Deborah J $150,000
Closed Wegman Deborah J $150,000
Previous Owner Malloch Janis $198,000
Previous Owner Malloch Janis $175,000
Previous Owner Wissler Daniel M $200,000
Closed Wissler Daniel M $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2015 08/07/15 Sold $100,000 -33.3% $61 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $150,000 -- $91 / 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 $2,291 $53,800 $17,000 $36,800
2023 $2,228 $53,800 $17,000 $36,800
2022 $2,223 $53,800 $17,000 $36,800
2021 $2,176 $53,800 $17,000 $36,800
2020 $2,120 $53,800 $17,000 $36,800
2019 $1,873 $53,800 $17,000 $36,800
2018 $1,824 $53,800 $17,000 $36,800
2017 $1,755 $53,800 $17,000 $36,800
2016 $1,755 $53,800 $17,000 $36,800
2015 -- $53,800 $17,000 $36,800
2014 $659 $53,800 $17,000 $36,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lakesia Campbell

    BHHS Fox & Roach

    Section Image

  • R

    Buyer's Agent in 2015

    RICHARD GRIEB

    Weichert Corporate

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002556458

Bright MLS

APN: 11-012.00-046

Delaware New Castle County Newark 19702

1654 Otts Chapel Rd, Newark, DE

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