NOT LISTED FOR SALE

28 Corbit St Newark, DE 19711

Downtown Newark Neighborhood

Estimated Value: $317,423 - $484,000

4 Beds
2 Baths
1,100 Sq Ft
$341/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $382,000 $347 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,189/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of July 2023

Update; Now open to show. Investor alert! Rarely available City of Newark Rental with four unrelated persons permit and a lease in place through May 2024. The home has four bedrooms and two full baths. Two car plus off-street parking. This sale is part of the administration of an estate, property is being sold in as-is condition.

Last Agent to Sell the Property

Travis L. Dorman

RE/MAX Elite Listed on: 06/19/2023

RE/MAX Elite

Last Buyer's Agent

Nicholas Baldini

Patterson-Schwartz-Hockessin License #RA-0020226

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,910

Year Built

  • Built in 1948

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 39.50 x 120.00
  • Northwest Facing Home
  • Property is in good condition
  • Property is zoned 18RD

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

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

Community Details

  • No Home Owners Association
  • Newark Subdivision

Listing and Financial Details

  • Tax Lot 083
  • Assessor Parcel Number 18-013.00-083

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,910

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1948
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 3
  • Room Count: 5
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 304.45
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 39.50 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: 18RD
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 31200.00
  • Vacation Rental: No

Tax Info

  • School Tax: 1451.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1910.00
  • Assessor Parcel Number: 18-013.00-083
  • Tax Lot: 083
  • Tax Total Finished Sq Ft: 1100
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/31/2023

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jul 31, 2023
Sold by
Jerm Holdings Llc
Bought by
Conaway Enterprises Rrd Llc
Seller's Agent
Travis L. Dorman
RE/MAX Elite
Buyer's Agent
Nicholas Baldini
Patterson-Schwartz-Hockessin
List Price
$334,900
Sold Price
$382,000
Premium/Discount to List
$47,100
14.06%
Views
87
Current Estimated Value
$375,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,894
Avg. Annual Appreciation
-1.98%
Original Mortgage
$253,000
Outstanding Balance
$220,985
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$145,905

Purchase Details

Listed on
Dec 12, 2016
Closed on
Mar 2, 2017
Sold by
Prettyman Harold B
Bought by
Jerm Holdings Llc
Seller's Agent
James Darden
Century 21 Gold Key Realty
Buyer's Agent
James Darden
Century 21 Gold Key Realty
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$183,750
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 1989
Bought by
Prettyman Harold B
Source: Public Records

Range of Values:

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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
Conaway Enterprises Rrd Llc -- None Listed On Document
Jerm Holdings Llc $245,000 None Available
Prettyman Harold B $55,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conaway Enterprises Rrd Llc $253,000
Previous Owner Jerm Holdings Llc $183,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $382,000 +14.1% $347 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $334,900 +36.7% $304 / Sq Ft
02/23/2017 02/23/17 Sold $245,000 -2.0% $316 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
12/12/2016 12/12/16 For Sale $250,000 -- $323 / 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 $1,627 $43,900 $5,500 $38,400
2023 $1,587 $43,900 $5,500 $38,400
2022 $1,571 $43,900 $5,500 $38,400
2021 $1,530 $43,900 $5,500 $38,400
2020 $1,486 $43,900 $5,500 $38,400
2019 $1,303 $43,900 $5,500 $38,400
2018 $1,058 $43,900 $5,500 $38,400
2017 $1,027 $36,500 $5,500 $31,000
2016 $1,024 $36,500 $5,500 $31,000
2015 $918 $36,500 $5,500 $31,000
2014 $917 $36,500 $5,500 $31,000
Source: Public Records

Agents Affiliated with this Home

  • Travis L. Dorman

    Seller's Agent in 2023

    Travis L. Dorman

    RE/MAX

    (302) 841-3446

    1 in this area

    124 Total Sales

    Section Image
  • Nicholas Baldini

    Buyer's Agent in 2023

    Nicholas Baldini

    Patterson Schwartz

    (302) 234-3618

    12 in this area

    118 Total Sales

    Section Image

  • J

    Seller's Agent in 2017

    James Darden

    Century 21 Gold Key Realty

    Section Image
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Map

Source: Bright MLS

MLS Number: DENC2044478

Bright MLS

APN: 18-013.00-083

Delaware New Castle County Newark 19711 Downtown Newark

28 Corbit St, Newark, DE

This home is located at 28 Corbit St, Newark, DE 19711 since 19 June 2023 and is currently estimated at $375,106, approximately $341 per square foot. This property was built in 1948. 28 Corbit St is a home located in New Castle County with nearby schools including Downes (John R.) Elementary School, Shue-Medill Middle School, and Newark High School.

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