NOT LISTED FOR SALE

221 Elkton Rd Newark, DE 19711

Estimated Value: $15,604,176

4 Beds
2 Baths
10,018 Sq Ft
$1,558/Sq Ft Est. Value

About This Home

This home is located at 221 Elkton Rd, Newark, DE 19711 and is currently estimated at $15,604,176, approximately $1,557 per square foot. 221 Elkton Rd is a home located in New Castle County with nearby schools including West Park Place Elementary School, Shue-Medill Middle School, and Newark High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2007
Sold by
Rtd Investments Inc
Bought by
Main Street Court Llc
Current Estimated Value
$15,604,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,825,000
Interest Rate
6.19%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Main Street Court Llc $9,750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Main Street Court Llc $8,000,000
Closed Main Street Court Llc $7,825,000
Source: Public Records

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 $64,345 $1,736,700 $162,400 $1,574,300
2023 $63,019 $1,736,700 $162,400 $1,574,300
2022 $62,131 $1,736,700 $162,400 $1,574,300
2021 $60,539 $1,736,700 $162,400 $1,574,300
2020 $58,795 $1,736,700 $162,400 $1,574,300
2019 $51,542 $1,736,700 $162,400 $1,574,300
2018 $50,347 $1,736,700 $162,400 $1,574,300
2017 $48,855 $1,736,700 $162,400 $1,574,300
2016 $48,714 $1,736,700 $162,400 $1,574,300
2015 $43,669 $1,736,700 $162,400 $1,574,300
2014 $43,653 $1,736,700 $162,400 $1,574,300
Source: Public Records

Map

Delaware New Castle County Newark 19711

221 Elkton Rd, Newark, DE

This home is located at 221 Elkton Rd, Newark, DE 19711 and is currently estimated at $15,604,176, approximately $1,557 per square foot. 221 Elkton Rd is a home located in New Castle County with nearby schools including West Park Place Elementary School, Shue-Medill Middle School, and Newark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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