Robert Miller
Luke Real Estate
(484) 779-6020
90 Total Sales
5 in Bear
$216K - $575K Price Range
28 S Old Baltimore Pike Newark, DE 19702
Bear AreaEstimated Value: $308,000 - $364,327
Studio
1
Bath
1,700
Sq Ft
$199/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Central Air
- Heating Available
About This Home
As of September 2024Here's an amazing opportunity to own a fully renovated turn key multi-family property. This multi-family property is located centrally located in Newark, close to the Christiana hospital, Christiana mall, I-95, route 1, popular dining, shopping and more! This duplex and the duplex next door (32 Old Baltimore) can be purchased as a package for a total of $650,000. 32 Old Baltimore is being fully renovated to look just like 28 Old Baltimore. Unit B of 28 Old Baltimore is currently rented for $1,600 monthly. The estimated monthly income for both duplexes (all 4 units) is $5,700 with an expected monthly cash flow of $2,000 (this includes principle, interest, taxes and insurance for both properties at 25% down and current interest rates). Current rental and interest rates are to be verified by buyer/lender. Unit A has 1 bedroom and 1.5 bathrooms. Unit B has 2 bedrooms, a large bonus room, and 1.5 bathrooms.
Last Agent to Sell the Property
(302) 504-6147 team@crownhomesre.com Crown Homes Real Estate License #RS-368137 Listed on: 07/15/2024
Last Buyer's Agent
(302) 378-8700 tinyshomes4u@aol.com RE/MAX Advantage Realty License #RS-0018501
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $723
Year Built
- Built in 1866
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 110.40 x 52.09
Parking
- Driveway
Home Design
- Duplex
- Colonial Architecture
- Vinyl Siding
Interior Spaces
- 1,700 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Ductless Heating Or Cooling System
- Central Air
- Heating Available
Community Details
- 1 Vacant Unit
Listing and Financial Details
- Tax Lot 241
- Assessor Parcel Number 09-030.30-241
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2024
Closed on
Sep 16, 2024
Sold by
Bought by
Seller's Agent
Corey Harris
Crown Homes Real Estate
Buyer's Agent
Melody Davis
RE/MAX Advantage Realty
List Price
$330,000
Sold Price
$340,000
Premium/Discount to List
$10,000
3.03%
Views
131
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$918
Avg. Annual Appreciation
-0.14%
Original Mortgage
$328,652
Outstanding Balance
$321,413
Interest Rate
5.99%
Mortgage Type
FHA
Estimated Equity
$17,669
Purchase Details
Closed on
May 14, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.88%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Newark, DE
-
Robert Miller
-
Theresa Thomas
Theresa Thomas
Compass
(302) 246-7912
46 Total Sales
1 in Bear
$255,000 Price
-
Dennis Snavely
Dennis Snavely
RE/MAX Elite
(484) 779-1618
122 Total Sales
6 in Bear
$235K - $425K Price Range
-
James Rice
James Rice
Real of Pennsylvania
(856) 517-8544
186 Total Sales
3 in Bear
$221K - $500K Price Range
-
Vicky Lawson
Vicky Lawson
Long & Foster Real Estate, Inc.
(856) 517-2783
150 Total Sales
6 in Bear
$200K - $541K Price Range
-
Shannon Diiorio
Shannon Diiorio
Compass RE
(484) 922-8462
105 Total Sales
2 in Bear
$455K - $680K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $340,000 | None Listed On Document | ||
| -- | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $328,652 | ||
| Previous Owner | $700,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/16/2024 09/16/24 | Sold | $340,000 | +3.0% | $200 / Sq Ft |
| 07/24/2024 07/24/24 | Pending | -- | -- | -- |
| 07/15/2024 07/15/24 | For Sale | $330,000 | -- | $194 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,259 | $277,500 | $58,000 | $219,500 |
| 2024 | $745 | $17,500 | $7,500 | $10,000 |
| 2023 | $745 | $17,500 | $7,500 | $10,000 |
| 2022 | $723 | $17,500 | $7,500 | $10,000 |
| 2021 | $708 | $17,500 | $7,500 | $10,000 |
| 2020 | $689 | $17,500 | $7,500 | $10,000 |
| 2019 | $90 | $17,500 | $7,500 | $10,000 |
| 2018 | $593 | $17,500 | $7,500 | $10,000 |
| 2017 | $572 | $17,500 | $7,500 | $10,000 |
| 2016 | $571 | $17,500 | $7,500 | $10,000 |
| 2015 | $520 | $17,500 | $7,500 | $10,000 |
| 2014 | $520 | $17,500 | $7,500 | $10,000 |
Source: Public Records
Agents Affiliated with this Home
-
Corey Harris
Seller's Agent in 2024
Corey Harris
Crown Homes Real Estate
(302) 729-2881
465 Total Sales
-
Melody Davis
Buyer's Agent in 2024
Melody Davis
RE/MAX Advantage Realty
(302) 981-2521
88 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2064722
APN: 09-030.30-241
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
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