NOT LISTED FOR SALE

206 Welsh Tract Rd Newark, DE 19702

Estimated Value: $148,000 - $309,000

3 Beds
2 Baths
1,700 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $150,000 $88 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,450/month

6 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Hot Water Heating System
  • 1 Fireplace
  • More Than Two Accessible Exits
  • Asbestos

About This Home

As of April 2024

OWNER OCCUPIED
Welcome to this spacious 3 bed/2 bath investment property, nestled in a serene location with NO HOA . This charming home is brimming with potential and awaits your creative touch to bring it back to its full glory. As you step inside, you'll immediately notice the generous living space, perfect for accommodating your vision of a dream home. With 2 separate living areas there is ample room for entertaining guests or enjoying quality time with family. The wood-burning stove adds a cozy and rustic touch, creating a warm and inviting atmosphere during chilly evenings. Imagine curling up with a good book or gathering around the crackling fire with loved ones. The three bedrooms offer plenty of space for relaxation and rejuvenation. With your imagination and TLC, these rooms can be transformed into tranquil retreats, tailored to your personal style and preferences. While this property needs work, the potential is limitless. With your creative eye and a little investment, you can turn this diamond in the rough into a true gem. Whether you're an experienced renovator or a first-time investor, this property offers an excellent opportunity to make your mark and add value. Outside, you'll find a spacious yard, perfect for gardening, outdoor activities, or even expanding the living space with a deck or patio. The possibilities are endless when it comes to creating an outdoor oasis that complements the beauty of the surrounding nature. This property offers a retreat from the hustle and bustle of city life while still being conveniently close to the University of Delaware, amenities, schools, transportation and located in the Newark Charter School district. Don't miss out on this chance to invest in a property with great potential. Bring your vision and transform this spacious three-bedroom home into a haven of comfort and style. Let your imagination run wild with the possibilities that await! Buyers to use caution upon entering home. SOLD AS IS NO CONTINGENCIES - SUBJECT TO COURT APPROVAL.

Last Agent to Sell the Property

Stephanie DePaolantonio

(484) 667-9053 sdepaolantonio@gmail.com Coldwell Banker Realty License #RS0025246 Listed on: 11/17/2023

Coldwell Banker Realty

Last Buyer's Agent

Diana Vieyra

(302) 740-2685 dvieyra@me.com Patterson-Schwartz-Hockessin

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,008

Year Built

  • Built in 1961

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100.00 x 181.70
  • Property is zoned NC21

Home Design

  • Rambler Architecture
  • Fixer Upper
  • Asbestos

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • West Park Place Elementary School
  • Gauger-Cobbs Middle School
  • Glasgow High School

Utilities

  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 037
  • Assessor Parcel Number 11-009.00-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,008

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-11-17
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Remarks Public: OWNER OCCUPIED Welcome to this spacious 3 bed/2 bath investment property, nestled in a serene location with NO HOA . This charming home is brimming with potential and awaits your creative touch to bring it back to its full glory. As you step inside, you'll immediately notice the generous living space, perfect for accommodating your vision of a dream home. With 2 separate living areas there is ample room for entertaining guests or enjoying quality time with family. The wood-burning stove adds a cozy and rustic touch, creating a warm and inviting atmosphere during chilly evenings. Imagine curling up with a good book or gathering around the crackling fire with loved ones. The three bedrooms offer plenty of space for relaxation and rejuvenation. With your imagination and TLC, these rooms can be transformed into tranquil retreats, tailored to your personal style and preferences. While this property needs work, the potential is limitless. With your creative eye and a little investment, you can turn this diamond in the rough into a true gem. Whether you're an experienced renovator or a first-time investor, this property offers an excellent opportunity to make your mark and add value. Outside, you'll find a spacious yard, perfect for gardening, outdoor activities, or even expanding the living space with a deck or patio. The possibilities are endless when it comes to creating an outdoor oasis that complements the beauty of the surrounding nature. This property offers a retreat from the hustle and bustle of city life while still being conveniently close to the University of Delaware, amenities, schools, transportation and located in the Newark Charter School district. Don't miss out on this chance to invest in a property with great potential. Bring your vision and transform this spacious three-bedroom home into a haven of comfort and style. Let your imagination run wild with the possibilities that await! Buyers to use caution upon entering home. SOLD AS IS NO CONTINGENCIES - SUBJECT TO COURT APPROVAL.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Price Per Sq Ft: 79.41
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 206

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos
  • 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: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • Elementary School: WEST PARK PLACE
  • Middle School: GAUGER-COBBS
  • High School: GLASGOW
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • Elementary School: WEST PARK PLACE
  • High School: GLASGOW
  • Middle Or Junior School: GAUGER-COBBS

Lot Info

  • Lot Size Acres: 0.42
  • Lot Dimensions: 100.00 x 181.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18295.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2022
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1606.00
  • Tax Annual Amount: 2008.00
  • Assessor Parcel Number: 11-009.00-037
  • Tax Lot: 037
  • Tax Total Finished Sq Ft: 1700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/19/2024

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Apr 19, 2024
Sold by
Barclay Wanda and Woodman Wanda
Bought by
Lopez Isias Davilla and Varillas Martina Lopez
Seller's Agent
Stephanie DePaolantonio
Coldwell Banker Realty
Buyer's Agent
Diana Vieyra
Patterson-Schwartz-Hockessin
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Views
774
Current Estimated Value
$241,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,754
Avg. Annual Appreciation
37.46%

Purchase Details

Closed on
Aug 1, 1983
Bought by
Woodman P Dale
Source: Public Records

Range of Values:

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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
Lopez Isias Davilla $120,000 None Listed On Document
Woodman P Dale -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $150,000 +11.1% $88 / Sq Ft
11/24/2023 11/24/23 Pending -- -- --
11/21/2023 11/21/23 Price Changed $135,000 -22.9% $79 / Sq Ft
11/17/2023 11/17/23 For Sale $175,000 -- $103 / 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 $2,069 $48,600 $7,200 $41,400
2023 $2,013 $48,600 $7,200 $41,400
2022 $2,008 $48,600 $7,200 $41,400
2021 $1,930 $48,600 $7,200 $41,400
2020 $1,915 $48,600 $7,200 $41,400
2019 $1,692 $48,600 $7,200 $41,400
2018 $1,648 $48,600 $7,200 $41,400
2017 $1,585 $48,600 $7,200 $41,400
2016 $1,585 $48,600 $7,200 $41,400
2015 $1,444 $48,600 $7,200 $41,400
2014 $1,444 $48,600 $7,200 $41,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2052178

Bright MLS

APN: 11-009.00-037