NOT LISTED FOR SALE

2504 Newport Gap Pike Wilmington, DE 19808

Estimated Value: $204,000 - $325,000

2 Beds
1.5 Baths
1,450 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $245,000 $169 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,704/month

4 Days on Market

Highlights

  • Dutch Architecture
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of September 2023

Discover the endless potential of 2504 Newport Gap Pike, a hidden gem that promises an enticing opportunity for investors or those seeking to add their personal touch and create equity. This charming property offers a delightful combination of character and potential, making it an ideal canvas for your real estate dreams. The spacious backyard offers a canvas for your imagination, providing ample space for landscaping, gardening, or even expanding the property to suit your vision. Step inside to find a wealth of possibilities awaiting. The interior layout showcases a comfortable living area and well-proportioned rooms, presenting the perfect foundation for a custom renovation. With a little creativity and investment, you can transform this residence into a modern oasis that perfectly suits your needs and lifestyle. The kitchen area awaits your personal touch and upgrades. Whether you envision a contemporary chef's haven or a cozy eat-in kitchen, the possibilities are endless to create a space that will become the heart of the home. This property offers two spacious bedrooms and one and a half bathrooms, providing versatility and space to accommodate your desired living arrangements. Investors will appreciate the potential for significant return on investment that this property presents. The sought-after location, combined with the chance to enhance and upgrade the home, makes 2504 Newport Gap Pike an attractive investment opportunity In conclusion, 2504 Newport Gap Pike is a remarkable property with limitless possibilities. Whether you're an investor seeking a profitable venture or an individual ready to roll up their sleeves and create their dream home, this residence offers the perfect platform to make your real estate vision a reality. Don't miss the chance to seize this exceptional opportunity - explore the potential of 2504 Newport Gap Pike today!

Last Agent to Sell the Property

Robert Hoesterey

Crown Homes Real Estate License #RS341482 Listed on: 08/02/2023

Last Buyer's Agent

Joseph Pence

BHHS Fox & Roach - Hockessin License #RS301748

BHHS Fox & Roach - Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,484

Year Built

  • Built in 1921

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00 x 123.50
  • Property is zoned NC5

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Dutch Architecture
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 1,450 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Cedars Subdivision

Listing and Financial Details

  • Tax Lot 209
  • Assessor Parcel Number 08-039.10-209

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,484

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Dutch
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1921
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1450
  • Living Area Sq Ft: 1450
  • Price Per Sq Ft: 168.97
  • Above Grade Finished Sq Ft: 1450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2504

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

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: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 50.00 x 123.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Year Assessed: 2022
  • Zoning: NC5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1112.00
  • Tax Annual Amount: 1484.00
  • Assessor Parcel Number: 08-039.10-209
  • Tax Lot: 209
  • Tax Total Finished Sq Ft: 1450
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/01/2023

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 8, 2019
Sold by
Nguyen Tin Trong
Bought by
Trout Elizabeth A
Seller's Agent
Adam Brown
RE/MAX Elite
Buyer's Agent
Christopher Ulp
Weichert Realtors Cornerstone
List Price
$169,900
Sold Price
$175,000
Premium/Discount to List
$5,100
3%
Total Days on Market
4
Current Estimated Value
$279,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,204
Avg. Annual Appreciation
7.97%
Original Mortgage
$171,830
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2017
Sold by
Jpmorgan Chase Bank N A
Bought by
Nguyen Tin Trong

Purchase Details

Closed on
Jan 13, 2017
Sold by
Jpmc Speciality Mortgage Llc
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Feb 14, 2003
Sold by
Patterson Michael H
Bought by
Patterson Michael H and Patterson Denise K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
8.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 13, 2003
Sold by
Brinsfield Leonard M
Bought by
Patterson Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
8.2%
Mortgage Type
Unknown
Source: Public Records

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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
Trout Elizabeth A -- North American Title Ins Co
Nguyen Tin Trong $63,005 None Available
Jpmorgan Chase Bank Na $77,706 None Available
Patterson Michael H -- --
Patterson Michael H $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Kailah $196,000
Closed Neal Kailah $15,000
Closed Trout Elizabeth A $171,830
Previous Owner Patterson Michael H $151,708
Previous Owner Patterson Michael H $117,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $245,000 0.0% $169 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $245,000 +40.0% $169 / Sq Ft
05/08/2019 05/08/19 Sold $175,000 +3.0% $121 / Sq Ft
04/11/2019 04/11/19 For Sale $169,900 -- $117 / 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 $1,707 $45,000 $7,400 $37,600
2023 $1,511 $45,000 $7,400 $37,600
2022 $1,521 $45,000 $7,400 $37,600
2021 $1,520 $45,000 $7,400 $37,600
2020 $1,524 $45,000 $7,400 $37,600
2019 $2,541 $45,000 $7,400 $37,600
2018 $50 $45,000 $7,400 $37,600
2017 $1,408 $45,000 $7,400 $37,600
2016 $1,408 $45,000 $7,400 $37,600
2015 $1,520 $45,000 $7,400 $37,600
2014 $1,225 $45,000 $7,400 $37,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2046790

Bright MLS

APN: 08-039.10-209