NOT LISTED FOR SALE

205 E Park Place Newark, DE 19711

Estimated Value: $379,000 - $480,000

3 Beds
1 Bath
1,000 Sq Ft
$426/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $305,000 $305 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,250/month

3 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • No HOA
  • West Park Place Elementary School Rated A-
  • Attic
  • 1-minute walk to Kells Park

About This Home

As of December 2020

3-bedroom, 1 bath property steps away from Academy Street, Main Street, and the University of Delaware campus. Central air conditioning. Large family room and generous size bedrooms each offering ample closet storage space, hardwood flooring & ceiling mounted lights. New washer and dryer, updated appliances, and updated kitchen. Private backyard is fully fenced and features a large concrete patio perfect for entertaining.

Last Agent to Sell the Property

Team Freebery

(302) 420-8606 SOLD@TEAMFREEBERY.com EXP Realty, LLC License #R3-0017962 Listed on: 11/10/2020

EXP Realty, LLC

Last Buyer's Agent

Robert Watson

(302) 545-5226 robwatson@verizon.net RE/MAX Elite License #RS220786L

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1942

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.10 x 141.90
  • Property is zoned 18RD

Parking

  • 1 Car Detached Garage
  • 3 Driveway Spaces
  • Front Facing Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete
  • Pitched Roof
  • Architectural Shingle Roof

Interior Spaces

  • Property has 1 Level
  • Traditional Floor Plan
  • Crown Molding
  • Double Pane Windows
  • Replacement Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Insulated Doors
  • Six Panel Doors
  • Living Room
  • Formal Dining Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Kitchen in Efficiency Studio
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Laundry in Basement
  • Basement Windows

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Newark Subdivision

Listing and Financial Details

  • Tax Lot 196
  • Assessor Parcel Number 18-032.00-196

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,233

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Exclusions: See Incl/Excl Sheet with Seller Disclosures on MLS
  • Historic: No
  • Inclusions: See Incl/Excl Sheet with Seller Disclosures on MLS
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1942
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Attic, Crown Moldings, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Efficiency, Pantry, Tub Shower, Window Treatments, Wood Floors
  • Window Features: Double Hung, Double Pane, Insulated, Replacement, Screens, Vinyl Clad
  • Fireplace: No
  • Door Features: Insulated, Six Panel
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Full Bath
  • Basement: Yes
  • Basement Type: Partial, Poured Concrete, Walkout Stairs, Windows
  • Laundry Type: Basement, Has Laundry
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 305.00
  • Above Grade Finished Sq Ft: 1000
  • Below Grade Sq Ft: 500
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Architectural Shingle, Pitched
  • Spa: No
  • 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
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 110 Volts, 220 Volts, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 44200.00
  • Land Assessed Value: 9500.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50.10 x 141.90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: 18RD
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2373128
  • School Tax: 1670.00
  • Tax Annual Amount: 2233.00
  • Assessor Parcel Number: 18-032.00-196
  • Tax Lot: 196
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Dec 29, 2020
Sold by
Termini Thomas C and Termini Judith W
Bought by
Rigas Elias J
Seller's Agent
Team Freebery
EXP Realty, LLC
Buyer's Agent
Robert Watson
RE/MAX Elite
List Price
$295,000
Sold Price
$305,000
Premium/Discount to List
$10,000
3.39%
Current Estimated Value
$425,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,526
Avg. Annual Appreciation
6.79%
Original Mortgage
$244,000
Outstanding Balance
$217,272
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$208,254

Purchase Details

Closed on
May 23, 2017
Sold by
Termini Thomas C and Termini Judith W
Bought by
Termini Thomas C and Termini Judith W

Purchase Details

Closed on
Oct 4, 2004
Sold by
Killinger William G and Revocable Trust Of Mark W Kill
Bought by
Termini Thomas C and Thomas C Termini Living Trust
Source: Public Records
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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
Rigas Elias J $305,000 None Available
Termini Thomas C -- None Available
Termini Thomas C $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rigas Elias J $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Off Market $2,625 -- --
10/06/2025 10/06/25 For Rent $2,625 0.0% --
12/29/2020 12/29/20 Sold $305,000 0.0% $305 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/13/2020 11/13/20 Price Changed $305,000 0.0% $305 / Sq Ft
11/13/2020 11/13/20 Off Market $305,000 -- --
11/10/2020 11/10/20 For Sale $295,000 -- $295 / 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 $567 $53,700 $9,500 $44,200
2023 $1,942 $53,700 $9,500 $44,200
2022 $1,921 $53,700 $9,500 $44,200
2021 $1,872 $53,700 $9,500 $44,200
2020 $1,818 $53,700 $9,500 $44,200
2019 $1,870 $53,700 $9,500 $44,200
2018 $8,308 $53,700 $9,500 $44,200
2017 $415 $53,700 $9,500 $44,200
2016 $1,506 $53,700 $9,500 $44,200
2015 $1,350 $53,700 $9,500 $44,200
2014 $1,350 $53,700 $9,500 $44,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC512800

Bright MLS

APN: 18-032.00-196