Seller's Agent in 2020
Team Freebery
EXP Realty, LLC
(302) 420-8606
21 in this area
209 Total Sales
205 E Park Place Newark, DE 19711
Estimated Value: $382,000 - $455,000
3
Beds
1
Bath
1,000
Sq Ft
$411/Sq Ft
Est. Value
Highlights
- Traditional Floor Plan
- Attic
- Formal Dining Room
- Wood Flooring
- No HOA
- 1-minute walk to Kells Park
About This Home
As of December 2020Waiting on signatures. **Buyer must honor the existing Tenant Lease which expires on 5/31/21.** This property is currently Tenant Occupied and requires 24 hrs notice for all showing requests (no exceptions). Rarely available home is a cozy 3 Bedroom Bungalow, a perfect fit for a Buyer looking to downsize, have single floor living or maybe an Investor looking for an opportunity for University of Delaware Student Housing! This well maintained Bungalow has had many updates in recent years (see full list provided by Sellers attached to the Disclosures). Updates include: New AC in 2017, New heat exchanger in Furnace in 2020, New roof & sheathing in 2011, New gutters & downspouts, New wrapped facia board, New replacement windows, fresh paint & crown molding in most rooms, Updated 42" cabinets & countertops in kitchen, etc. Off street parking in private extended driveway holding at least 3 cars leading back to the detached 1 car garage. All brick exterior is maintenance free!! Main entry at the home's Living Room which has been recently painted and includes custom crown & baseboard moldings, refinished hardwood floors, decorative multi-tiered wall shelves and great natural light from the multiple front & side windows! The cozy Dining Room allows for a small table of 3-4 seats & features refinished hardwood floors & a side window for natural light & fresh air. The Kitchen was updated with 42" cabinets, solid surface counters w/ matching backsplash, updated dishwasher, elec range, updated built-in microwave, frig & convenient access doors to both the basement and the exterior side driveway. Walking down the hallway there are 3 decent sized bedrooms each offering ample closet storage space, hardwood flooring & ceiling mounted lights. The 2 larger bedrooms also feature crown molding decor & extra windows for added light & fresh air. The full bath features updated vinyl flooring, tile wall decor & a tiled tub/shower combo. The unfinished basement has been fully dry-locked & offers a bilco door walk out to the back patio & provides good amount of storage space in addition to housing the laundry area & utilities. Private backyard is fully fenced and features a large concrete patio great for BBQs & relaxing on a nice day! A 1 Car Detached Garage at the rear of extra long driveway with new garage door and a convenient back door provides added storage space as well! Location, Location, Location! This home is within walking distance to UofD Campus Buildings, and close-by to loads of great shopping, dining and entertainment options along Main St as well as Elkton Rd. Sellers are currently collecting $1650/month for 3 students renting. Buyer must honor the existing Tenant Lease which expires on 5/31/21. Home is currently Tenant Occupied and requires a minimum of 24 Hours Notice for all showing requests.
Last Agent to Sell the Property
(302) 420-8606 SOLD@TEAMFREEBERY.com EXP Realty, LLC License #R3-0017962 Listed on: 11/10/2020
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
- Partial Basement
- Walk-Up Access
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,271
Avg. Annual Appreciation
6.47%
Original Mortgage
$244,000
Outstanding Balance
$217,771
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$193,500
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
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 |
|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 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
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 | $1,990 | $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
-
Team Freebery
-
Robert Watson
Buyer's Agent in 2020
Robert Watson
RE/MAX
(302) 545-5226
9 in this area
93 Total Sales
Map
Source: Bright MLS
MLS Number: DENC512800
APN: 18-032.00-196
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