NOT LISTED FOR SALE

242 E 2nd St New Castle, DE 19720

Estimated Value: $451,162 - $566,000

4 Beds
1.5 Baths
2,550 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $355,000 $139 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,762/month

Highlights

  • Colonial Architecture
  • No HOA
  • Eat-In Kitchen
  • Deck
  • 3 Car Detached Garage
  • Patio

About This Home

As of October 2018

WOW! This beautiful 115+ yr old Brick home in Old New Castle has been expanded & updated w/ loads of spacious amenities while maintaining its historic charm! Enjoy the picturesque views of the Delaware River,Broad Dyke Wetlands & Bull Hill Park/Boat Club from the comforts of the covered front porch! Curb appeal of the manicured front landscaping w/ brick surround & extra long side driveway leading to the detached 3-car garage! Use the front brick patio for your patio furniture or as extra off street parking! Entry at the Living Rm featuring durable laminate wood fls,recessed lighting,neutral paint,open HW staircase w/ chair rail decor,an expanded & updated Powder Rm w/ vanity sink & lots of closet storage. Heading to the left through the spacious hallway,is the 2-sty addition offering an open concept of both Family & Dining Rms creating a great space for day-to-day as well as entertaining! This space has continuous laminate wood fls,custom crown molding,neutral decor,a lg picture window overlooking the De River that brings in great natural light as well as addl side window. The Dining Rm sits opposite the expanded opening of the Kitchen & features updated sliders out to the 16x14 rear deck,crown molding & loads of room for a big table & Dining Rm extras! The Kitchen offers tile fls,ceiling fan,recessed lighting,oak cabinetry w/ crown molding,lots of counter space,double sink w/ unique custom wood built-in display above it & a center island w/ overhang for at least 2-person bar-seating in addition to the extra storage cabinetry! The huge main fl laundry/mud room is at the back of the Kitchen featuring vinyl fls,neutral decor,natural light & convenient exit to the backyard brick patio! Upstairs are 4 spacious bedrooms & full bath. The Master Br offers loads of space,great natural light,neutral carpet & paint,crown molding,both side & rear windows,walk-in closet & separate double closet that could be converted to a private full bath adding convenience & value! The renovated full bath is huge & offers a lg vanity,beautiful lam fls,recessed lighting & a unique built-in tub/shower combo! All 3 addl Bedrooms are very spacious. 2 are front facing w/ beautiful views of the river,crown molding,neutral decor,lighted ceiling fans & large closet storage. The 4th Br features laminate fls,recessed lighting & ceiling fan. This awesome home is move-in ready! Become a part of Historic Old New Castle & all of its charm,shopping,museums & monuments! See it! Love it! Buy it!

Last Agent to Sell the Property

Team Freebery

(302) 420-8606 SOLD@TEAMFREEBERY.com EXP Realty, LLC License #R3-0017962 Listed on: 07/06/2018

EXP Realty, LLC

Last Buyer's Agent

Team Freebery

(302) 420-8606 SOLD@TEAMFREEBERY.com EXP Realty, LLC License #R3-0017962 Listed on: 07/06/2018

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,491

Year Built

  • Built in 1902

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128
  • Level Lot
  • Property is zoned 21HR

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,550 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Patio

Schools

  • Calvin R. Mccullough Middle School
  • William Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Old New Castle Subdivision

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 21-015.00-115

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,491

Year Built

Built in 1902

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Frig, W/D (All Appliances As-Is), Shades/Blinds Where Present
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1902
  • Remarks Public: WOW! This beautiful 115+ yr old Brick home in Old New Castle has been expanded & updated w/ loads of spacious amenities while maintaining its historic charm! Enjoy the picturesque views of the Delaware River,Broad Dyke Wetlands & Bull Hill Park/Boat Club from the comforts of the covered front porch! Curb appeal of the manicured front landscaping w/ brick surround & extra long side driveway leading to the detached 3-car garage! Use the front brick patio for your patio furniture or as extra off street parking! Entry at the Living Rm featuring durable laminate wood fls,recessed lighting,neutral paint,open HW staircase w/ chair rail decor,an expanded & updated Powder Rm w/ vanity sink & lots of closet storage. Heading to the left through the spacious hallway,is the 2-sty addition offering an open concept of both Family & Dining Rms creating a great space for day-to-day as well as entertaining! This space has continuous laminate wood fls,custom crown molding,neutral decor,a lg picture window overlooking the De River that brings in great natural light as well as addl side window. The Dining Rm sits opposite the expanded opening of the Kitchen & features updated sliders out to the 16x14 rear deck,crown molding & loads of room for a big table & Dining Rm extras! The Kitchen offers tile fls,ceiling fan,recessed lighting,oak cabinetry w/ crown molding,lots of counter space,double sink w/ unique custom wood built-in display above it & a center island w/ overhang for at least 2-person bar-seating in addition to the extra storage cabinetry! The huge main fl laundry/mud room is at the back of the Kitchen featuring vinyl fls,neutral decor,natural light & convenient exit to the backyard brick patio! Upstairs are 4 spacious bedrooms & full bath. The Master Br offers loads of space,great natural light,neutral carpet & paint,crown molding,both side & rear windows,walk-in closet & separate double closet that could be converted to a private full bath adding convenience & value! The renovated full bath is huge & offers a lg vanity,beautiful lam fls,recessed lighting & a unique built-in tub/shower combo! All 3 addl Bedrooms are very spacious. 2 are front facing w/ beautiful views of the river,crown molding,neutral decor,lighted ceiling fans & large closet storage. The 4th Br features laminate fls,recessed lighting & ceiling fan. This awesome home is move-in ready! Become a part of Historic Old New Castle & all of its charm,shopping,museums & monuments! See it! Love it! Buy it!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher
  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Living Room
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2550
  • Living Area Sq Ft: 2550
  • Net Sq Ft: 2550.00
  • Price Per Sq Ft: 147.06
  • Above Grade Finished Sq Ft: 2550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 242

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: On Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: COLONIAL
  • Middle School: CALVIN R. MCCULLOUGH
  • High School: WILLIAM PENN
  • School District Key: 300200396891
  • High School: WILLIAM PENN
  • Middle Or Junior School: CALVIN R. MCCULLOUGH

Lot Info

  • Improvement Assessed Value: 31900.00
  • Land Assessed Value: 8700.00
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Dimensions: 40X128
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: 21HR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2379480
  • Tax Annual Amount: 1491.00
  • Assessor Parcel Number: 21-015.00-115
  • Tax Lot: 115
  • Tax Year: 2017
  • Close Date: 10/05/2018

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Oct 5, 2018
Sold by
Coates Robert E and Coates Diane M
Bought by
King Michael F
Seller's Agent
Team Freebery
EXP Realty, LLC
Buyer's Agent
Team Freebery
EXP Realty, LLC
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Current Estimated Value
$504,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,541
Avg. Annual Appreciation
5.26%
Original Mortgage
$53,000
Outstanding Balance
$47,145
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$460,261

Purchase Details

Closed on
Jun 30, 1989
Bought by
Coates Robert E and Coates Diane M
Source: Public Records

Range of Values:

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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
King Michael F $355,000 None Available
Coates Robert E $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Mkchael F $53,000
Open King Michael F $248,500
Previous Owner Coates Diane M $95,000
Previous Owner Coates Robert E $289,200
Previous Owner Coates Robert E $295,500
Previous Owner Coates Robert E $52,500
Previous Owner Coates Robert E $254,500
Previous Owner Coates Robert E $100,000
Previous Owner Coates Robert E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $355,000 -5.3% $139 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $375,000 0.0% $147 / Sq Ft
07/06/2018 07/06/18 For Sale $375,000 -- $147 / 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 $1,165 $40,600 $8,700 $31,900
2023 $1,053 $40,600 $8,700 $31,900
2022 $1,095 $40,600 $8,700 $31,900
2021 $1,079 $40,600 $8,700 $31,900
2020 $1,090 $40,600 $8,700 $31,900
2019 $1,225 $40,600 $8,700 $31,900
2018 $161 $40,600 $8,700 $31,900
2017 $878 $40,600 $8,700 $31,900
2016 $878 $40,600 $8,700 $31,900
2015 $835 $40,600 $8,700 $31,900
2014 $835 $38,600 $8,700 $29,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001997182

Bright MLS

APN: 21-015.00-115