NOT LISTED FOR SALE

18 Burns Way Newark, DE 19702

Estimated Value: $202,000 - $259,234

2 Beds
1 Bath
775 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $105,000 $135 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,389/month

Highlights

  • Rambler Architecture
  • 1 Car Attached Garage
  • Living Room
  • No HOA
  • Cooling System Utilizes Bottled Gas
  • Shed

About This Home

As of June 2016

Great for first time home buyer or investor. 2 Bedroom, 1 Bath Ranch with 1 Car Garage. Ready to move into with updated kitchen and laminate floors. New Heater and Central Air in 2014, New Patio Door, Water Heater in 2015, New Gas Stove and Microwave. All Appliances are Included. Fenced Yard and Shed. Though in good condition; property is being sold as-is and any inspections are for the Buyers Information Only. This is a Short Sale and all offers and commissions are subject to lender approval. Kirsh Law is the Short Sale Negotiator and there is a 2% ($2,000 minimum) fee to the buyer.

Last Agent to Sell the Property

Cathy Verne

(302) 561-0724 CVerne@PSRE.com Patterson-Schwartz-Newark Listed on: 02/09/2016

Patterson-Schwartz-Newark

Last Buyer's Agent

Sherry Lynch

(302) 562-0058 sherryismyrealtor@gmail.com RE/MAX Associates - Newark License #RS-0012400

RE/MAX Associates - Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 1981

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 76 x 100
  • Property is in good condition
  • Property is zoned NCPUD

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 775 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Vinyl Flooring
  • Laundry on main level

Kitchen

  • Self-Cleaning Oven
  • Built-In Microwave

Bedrooms and Bathrooms

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

Outdoor Features

  • Shed

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • Woodland Trail Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-032.40-132

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,153

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: All Appliances As-Is, Shed
  • New Construction: No
  • Story List: Main
  • Year Built: 1981
  • Remarks Public: Great for first time home buyer or investor. 2 Bedroom, 1 Bath Ranch with 1 Car Garage. Ready to move into with updated kitchen and laminate floors. New Heater and Central Air in 2014, New Patio Door, Water Heater in 2015, New Gas Stove and Microwave. All Appliances are Included. Fenced Yard and Shed. Though in good condition; property is being sold as-is and any inspections are for the Buyers Information Only. This is a Short Sale and all offers and commissions are subject to lender approval. Kirsh Law is the Short Sale Negotiator and there is a 2% ($2,000 minimum) fee to the buyer.
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Built-In Microwave
  • Flooring Type: Vinyl
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 775
  • Living Area Sq Ft: 775
  • Net Sq Ft: 775.00
  • Price Per Sq Ft: 141.94
  • Above Grade Finished Sq Ft: 775
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Shed
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Access To Pool: No
  • Roof: Shingle
  • 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
  • Open Parking Spaces Count: 2
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • 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: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 76 X 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: NCPUD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2320587
  • Tax Annual Amount: 1153.00
  • Assessor Parcel Number: 10-032.40-132
  • Tax Year: 2015
  • Close Date: 06/06/2016

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
Jun 6, 2016
Sold by
Reeves David M
Bought by
Smith Russell J
Seller's Agent
Cathy Verne
Patterson-Schwartz-Newark
Buyer's Agent
Sherry Lynch
RE/MAX Associates - Newark
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Current Estimated Value
$235,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,309
Avg. Annual Appreciation
10.40%
Original Mortgage
$103,098
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2007
Sold by
Davis James Marvin
Bought by
Reeves David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2007
Sold by
Hud
Bought by
Davis James Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,400
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2007
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Feb 16, 2007
Sold by
Gribble Arthur W
Bought by
Citimortgage Inc

Purchase Details

Closed on
Oct 12, 2005
Sold by
Taylor Kevin M and Taylor Shannon I
Bought by
Gribble Arthur W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,847
Interest Rate
5.78%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2004
Sold by
Mccloskey Agnes R
Bought by
Taylor Kevin M and Taylor Shannon I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,330
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Smith Russell J $105,000 None Available
Reeves David M $162,000 Kirsh Title Services Inc
Davis James Marvin $125,500 None Available
Hud -- None Available
Citimortgage Inc $100,000 None Available
Gribble Arthur W $147,500 --
Taylor Kevin M $121,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Russell J $103,098
Previous Owner Reeves David M $162,000
Previous Owner Davis James Marvin $100,400
Previous Owner Gribble Arthur W $145,847
Previous Owner Taylor Kevin M $115,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $105,000 -4.5% $135 / Sq Ft
03/05/2016 03/05/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $110,000 0.0% $142 / Sq Ft
07/12/2012 07/12/12 Rented $1,200 0.0% --
07/12/2012 07/12/12 Under Contract -- -- --
04/13/2012 04/13/12 For Rent $1,200 -- --
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 $1,705 $38,800 $8,100 $30,700
2023 $1,660 $38,800 $8,100 $30,700
2022 $1,649 $38,800 $8,100 $30,700
2021 $1,614 $38,800 $8,100 $30,700
2020 $1,569 $38,800 $8,100 $30,700
2019 $1,572 $38,800 $8,100 $30,700
2018 $1,361 $38,800 $8,100 $30,700
2017 $1,314 $38,800 $8,100 $30,700
2016 $1,304 $38,800 $8,100 $30,700
2015 $1,192 $38,800 $8,100 $30,700
2014 $1,193 $38,800 $8,100 $30,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003945757

Bright MLS

APN: 10-032.40-132