NOT LISTED FOR SALE

246 E 2nd St New Castle, DE 19720

Estimated Value: $585,144 - $689,000

5 Beds
4 Baths
3,400 Sq Ft
$187/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $360,000 $106 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,561/month

196 Days on Market

Highlights

  • Water Oriented
  • Colonial Architecture
  • Recreation Room
  • River View
  • Deck
  • No HOA

About This Home

As of January 2021

Large three story home located in Historic Old New Castle situated across from Bull Hill Park. Positioned perfectly allowing for great views of the Delaware Memorial Bridge and River. The home offers tremendous living space with updates that have been done within recent years. The main level includes: hardwood flooring, large foyer, powder room, huge living/dining room combination with gas fireplace, custom built-ins and slider to the rear deck. The main level also offers an eat-in kitchen, pantry, tons of upgraded cabinets, and tile floors. Rounding out the lower level is a spacious family room with access to the rear staircase. The second level offers a master suite, full bath with tile shower, and walk-in closet. The upper level also includes a hall bath and three well scaled bedrooms. The third level features a huge recreation with wet bar, half bath, storage and a fifth bedroom or office. Other notable features include: large rear shed, backing to open space, located towards the end of a cul-de-sac street. This home is truly a rare find and is ready for a new owner.

Last Agent to Sell the Property

Robert Miller

(302) 656-0251 bob@hometopic.com Luke Real Estate License #RB-0020438 Listed on: 04/28/2020

Last Buyer's Agent

Chris Cashman

(302) 545-2233 ccashman@psre.com Patterson-Schwartz-Newark License #AB067190

Patterson-Schwartz-Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,262

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 36.00 x 127.70
  • Property is zoned 21HR

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 3,400 Sq Ft Home
  • Property has 3 Levels
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • River Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Water Oriented
  • River Nearby
  • Deck
  • Shed

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Old New Castle Subdivision

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number 21-015.00-116

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,262

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Recreation Room, Primary Bathroom, Half Bath
  • Basement: No
  • Total Sq Ft: 3400
  • Living Area Sq Ft: 3400
  • Price Per Sq Ft: 108.79
  • Above Grade Finished Sq Ft: 3400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • View: River
  • Water Access: No
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 101100.00
  • Land Assessed Value: 8600.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 36.00 x 127.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: 21HR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2379481
  • School Tax: 2593.00
  • Tax Annual Amount: 4262.00
  • Assessor Parcel Number: 21-015.00-116
  • Tax Lot: 116
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jan 14, 2021
Sold by
Wilmington Trust National Association
Bought by
Gallagher Frederick G and Gallagher Mary Letitia
Seller's Agent
Robert Miller
Luke Real Estate
Buyer's Agent
Chris Cashman
Patterson-Schwartz-Newark
List Price
$449,900
Sold Price
$360,000
Premium/Discount to List
-$89,900
-19.98%
Current Estimated Value
$635,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,286
Avg. Annual Appreciation
11.98%
Original Mortgage
$324,000
Outstanding Balance
$288,865
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$346,421

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jan 13, 2021
Sold by
Capital One Na
Bought by
Wilmington Trust National Association
Seller's Agent
Robert Miller
Luke Real Estate
Buyer's Agent
Chris Cashman
Patterson-Schwartz-Newark
List Price
$449,900
Sold Price
$360,000
Premium/Discount to List
-$89,900
-19.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$288,865
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$346,421

Purchase Details

Closed on
Mar 3, 2020
Sold by
Estate Of John E O Brien
Bought by
Capital One Na

Purchase Details

Closed on
Sep 8, 2006
Sold by
Sansone Holly
Bought by
Obrien John

Purchase Details

Closed on
Oct 9, 2001
Sold by
Sykora Stanley R
Bought by
Sykora Stanley R and Sykora Gina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gallagher Frederick G -- None Available
Wilmington Trust National Association -- None Available
Capital One Na $397,410 None Available
Obrien John $300,000 None Available
Sykora Stanley R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Frederick G $324,000
Previous Owner Sykora Stanley R $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $360,000 -2.7% $106 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
09/29/2020 09/29/20 Price Changed $369,900 -3.9% $109 / Sq Ft
08/30/2020 08/30/20 Price Changed $384,900 -3.8% $113 / Sq Ft
07/19/2020 07/19/20 Price Changed $399,900 -8.0% $118 / Sq Ft
06/11/2020 06/11/20 Price Changed $434,900 -3.3% $128 / Sq Ft
04/28/2020 04/28/20 For Sale $449,900 -- $132 / 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 $3,149 $109,700 $8,600 $101,100
2023 $2,846 $109,700 $8,600 $101,100
2022 $2,958 $109,700 $8,600 $101,100
2021 $2,915 $109,700 $8,600 $101,100
2020 $2,945 $109,700 $8,600 $101,100
2019 $3,977 $109,700 $8,600 $101,100
2018 $50 $109,700 $8,600 $101,100
2017 $2,371 $109,700 $8,600 $101,100
2016 $2,371 $109,700 $8,600 $101,100
2015 $2,372 $109,700 $8,600 $101,100
2014 $2,374 $109,700 $8,600 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC500284

Bright MLS

APN: 21-015.00-116