18 Burns Way Newark, DE 19702
Bear NeighborhoodEstimated Value: $214,000 - $265,000
2
Beds
1
Bath
775
Sq Ft
$317/Sq Ft
Est. Value
Highlights
- Rambler Architecture
- 1 Car Attached Garage
- Living Room
- No HOA
- Cooling System Utilizes Bottled Gas
- Shed
About This Home
As of June 2016Great 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.
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
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%
Total Days on Market
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,789
Avg. Annual Appreciation
9.62%
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
Similar Homes in Newark, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $112,000 | |
| Closed | Smith Russell J | $13,315 | |
| Closed | Smith Russell J | $103,098 | |
| Previous Owner | Reeves David M | $156,495 | |
| Previous Owner | Reeves David M | $165,343 | |
| 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
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
-
Cathy Verne
Seller's Agent in 2016
Cathy Verne
Patterson Schwartz
(302) 561-0724
9 in this area
126 Total Sales
-
Sherry Lynch
Buyer's Agent in 2016
Sherry Lynch
RE/MAX
(302) 562-0058
3 in this area
67 Total Sales
-
M
Seller's Agent in 2012
Mary Harrison
Integrity Real Estate
Map
Source: Bright MLS
MLS Number: 1003945757
APN: 10-032.40-132
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