NOT LISTED FOR SALE

234 W Main St Newark, DE 19711

Newark Area

Estimated Value: $514,470

4 Beds
3 Baths
2,500 Sq Ft
$206/Sq Ft Est. Value

Sale Details

Date Sold: August 12, 2024

Last sale price $425,000 $170 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,946 / mo

31 Days on Market

Highlights

  • 0.68 Acre Lot
  • Attic
  • Sun or Florida Room
  • Colonial Architecture
  • 1 Fireplace
  • No HOA

About This Home

As of August 2024

Situated on a generous 0.68 acre lot, 234 W. Main Street offers a prime location near the University of Delaware. This property presents endless possibilities for investors, families, or rental proprietors. The home features 4 bedrooms, a convertible studio, original hardwood floors, a large family room with fireplace, spacious kitchen, first floor laundry, formal dining room, butler's pantry, and sun room. Enjoy the outdoor space on the stone deck, and take advantage of the 2-car detached garage and long driveway for ample parking. This home is within walking distance to downtown Newark and most University of Delaware buildings, and is located within the 5-mile Newark Charter School radius. Recent updates include a new roof (6/2024) with transferable warranty, new sump pump (6/2024), and basement waterproofing (6/2024) with a 1-year transferable warranty. Seller is offering a 2-10, 1-year home warranty. Conveniently located near major roads, public transportation, Christiana Hospital, and Delaware Beaches. On the market 6/14/24 so you will want to move quickly as property around the university is always in extremely high demand. Professional pictures to be uploaded 6/12.

Last Agent to Sell the Property

LORI DAVIS

(302) 733-7000 ccashman@psre.com Patterson-Schwartz-Newark Brokerage Phone: 3027337000 License #MD5002692 Listed on: 06/14/2024

Patterson-Schwartz-Newark

Last Buyer's Agent

Mary Anne Smith

(302) 733-7000 ccashman@psre.com Patterson-Schwartz-Newark

Patterson-Schwartz-Newark
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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,944

Year Built

  • Built in 1900

Lot Details

  • 0.68

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Aluminum Siding
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room
  • Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Downes Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Outbuilding
  • 29,621 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Newark Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1801900007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,944

Year Built

Built in 1900

Lot Details

0.68 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Stone
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Study, Sun/Florida Room, Laundry, Storage Room, Attic, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 180.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Asphalt, Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Private
  • Garage Features: Additional Storage Area, Covered Parking
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent
  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.68
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29621.00
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1944.00
  • Assessor Parcel Number: 1801900007
  • Tax Year: 2023

MLS Schools

  • School District Name: CHRISTINA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 12, 2024
Sold by
Bought by
Seller's Agent
LORI DAVIS
Patterson-Schwartz-Newark
Buyer's Agent
Mary Anne Smith
Patterson-Schwartz-Newark
List Price
$525,000
Sold Price
$425,000
Premium/Discount to List
-$100,000
-19.05%
Views
176
Current Estimated Value
$514,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,470
Avg. Annual Appreciation
10.18%
Original Mortgage
$318,750
Outstanding Balance
$312,578
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$201,892

Purchase Details

Closed on
Jul 29, 2014
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Newark, DE

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 None Listed On Document
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $318,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Sold $425,000 -5.6% $170 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $450,000 -14.3% $180 / Sq Ft
06/14/2024 06/14/24 For Sale $525,000 -- $210 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,594 $461,500 $96,800 $364,700
2024 $224 $71,200 $17,300 $53,900
2023 $1,944 $71,200 $17,300 $53,900
2022 $1,911 $71,200 $17,300 $53,900
2021 $1,946 $71,200 $17,300 $53,900
2020 $1,872 $71,200 $17,300 $53,900
2019 $1,557 $71,200 $17,300 $53,900
2018 $1,521 $71,200 $17,300 $53,900
2017 $1,469 $71,200 $17,300 $53,900
2016 $1,364 $71,200 $17,300 $53,900
2015 $1,156 $71,200 $17,300 $53,900
2014 $1,155 $71,200 $17,300 $53,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2062954

Bright MLS

APN: 18-019.00-007

Your Personal Tour Guide

Ask me questions while you tour the home.