NOT LISTED FOR SALE

274 Orchard Rd Newark, DE 19711

Estimated Value: $477,238 - $518,000

4 Beds
3 Baths
1,800 Sq Ft
$281/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $332,500 $185 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,725/month

64 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Central Air
  • Wood Flooring
  • Level Entry For Accessibility
  • Radiator

About This Home

As of October 2020

Back to Active, Property being sold is a Short sale. Third party processor required( See attached disclosures) All real estate agent commissions are subject to 3rd party approval from sellers mortgage company lenders and any other lien holders, and any other lien holders subject to the sellers acceptance of those short sale approval terms. Home is being sold AS- IS, no warranties or repairs. Inspections are for informational purposes only!! Home is an Estate! This is the original cottage for the caretaker of the Peach Orchard. The home was built in 1930 and has so many charming details. First, the location is in the highly desirable neighborhood of Old Newark, walking distance to downtown Newark and the University of Delaware. Lovely Tree lined street with sidewalks and street lamps. The home has a great floor plan with the ability to live on just one level! Enter into a center hall with 9 foot ceilings throughout the main level. Site finished hardwood floors throughout the majority of the home underneath carpeting. The original built home with plaster walls had just one level and the previous owner added a second floor and built up into the walk up attic in the early 1960's. The home layout features 2 bedrooms with a full bath on the main level for easy main level living and 2 large bedrooms each with their own baths on the upper level. The main level showcases a large living and Dining room which than opens up to the kitchen and family that has an open concept, perfect for entertaining. From the rear of the home, exit to the private backyard with numerous trees, perennial gardens and brick patio. There is also an over sized detached single car garage. This is an estate and being sold As IS with no repairs or warranties. Home inspections are for informational purposes only! Showings begin Sunday 6/7/2020.

Last Agent to Sell the Property

Mary Kate Johnston

(302) 388-5654 marykatej@comcast.net RE/MAX Associates - Newark Listed on: 06/07/2020

RE/MAX Associates - Newark

Last Buyer's Agent

Mary Ann Burris

(443) 553-1689 maryannburris72@gmail.com Remax Vision License #665797

Remax Vision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,953

Year Built

  • Built in 1930

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80.00 x 150.00
  • Property is zoned 18RS

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 2 Levels
  • Partial Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Air
  • Radiator
  • 150 Amp Service
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Newark Subdivision

Listing and Financial Details

  • Tax Lot 314
  • Assessor Parcel Number 18-025.00-314

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,953

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Bungalow
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-06-07
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 183.33
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • 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 Door Opener, Covered Parking
  • 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
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 55200.00
  • Land Assessed Value: 15800.00
  • Lot Size Acres: 0.28
  • Lot Dimensions: 80.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Zoning: 18RS
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2372082
  • School Tax: 2208.00
  • Tax Annual Amount: 2953.00
  • Assessor Parcel Number: 18-025.00-314
  • Tax Lot: 314
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Mercante Andrew John and Carey Victoria Ashley
Bought by
Mercante Andrew John
Current Estimated Value
$506,310

Purchase Details

Closed on
Oct 18, 2010
Sold by
Haner Margart J
Bought by
Haner Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.37%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 13, 2003
Sold by
Haner Margaret J
Bought by
Haner Margart J and Revocable Trust Of Margaret J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mercante Andrew John -- None Listed On Document
Haner Margaret J -- North American Title Ins Co
Haner Margart J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haner Margaret J $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $332,500 +0.8% $185 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/30/2020 07/30/20 Price Changed $330,000 0.0% $183 / Sq Ft
07/30/2020 07/30/20 For Sale $330,000 -12.0% $183 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/07/2020 06/07/20 For Sale $375,000 -- $208 / 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 $749 $71,000 $15,800 $55,200
2023 $2,567 $71,000 $15,800 $55,200
2022 $2,540 $71,000 $15,800 $55,200
2021 $165 $71,000 $15,800 $55,200
2020 $2,266 $71,000 $15,800 $55,200
2019 $1,551 $71,000 $15,800 $55,200
2018 $3,248 $71,000 $15,800 $55,200
2017 $162 $71,000 $15,800 $55,200
2016 $1,358 $71,000 $15,800 $55,200
2015 $1,151 $71,000 $15,800 $55,200
2014 $1,150 $71,000 $15,800 $55,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC502594

Bright MLS

APN: 18-025.00-314