NOT LISTED FOR SALE

2996 Old County Rd Newark, DE 19702

Estimated Value: $327,000 - $392,000

3 Beds
1 Bath
1,000 Sq Ft
$361/Sq Ft Est. Value

Last Sold November 27, 2020

Last sale price $262,500 $262 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,052/month

47 Days on Market

Highlights

  • 1.62 Acre Lot
  • Cape Cod Architecture
  • Wood Flooring
  • Olive B. Loss Elementary School Rated A+
  • Wood Burning Stove
  • Main Floor Bedroom

About This Home

As of November 2020

Inviting Cape Cod on over 1.5 acres Above the Canal in Award Winning Appoquinimink School District. 3 Bedrooms, 1 Bath on Main Level, stairs to upper level that could be additional bedroom/office/storage. Hardwood floors throughout. Wood-burning fireplace. Kitchen and bath need updating but fully functional. Property includes huge (700 sf) outbuilding which is currently storing equipment. Full unfinished dry basement. Plenty of yard to park your vehicles/equipment, have a garden or pool. Empty lot behind the house is also part of this property. Close to Routes 896 and 40, I-95, University of Delaware, Lums Pond and Glasgow Parks. Pre-approved buyers only. Property is sold as-is where-is, seller will make no repairs; home inspections for informational purposes only. Seller extremely motivated; make an offer today!

Last Agent to Sell the Property

Rita Conde

(302) 750-1880 ritalconde@gmail.com RE/MAX Associates - Newark License #RA0003518 Listed on: 08/07/2020

RE/MAX Associates - Newark

Last Buyer's Agent

Julianna Conomon

(302) 220-8080 julianna@captureliving.com RE/MAX Associates-Wilmington License #RS0022865

RE/MAX Associates-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,616

Year Built

  • Built in 1950

Lot Details

  • 1.62 Acre Lot
  • Lot Dimensions are 324.00 x 234.50
  • Corner Lot
  • Property is in average condition

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 10 Parking Spaces
  • 10 Driveway Spaces

Outdoor Features

  • Outbuilding

Schools

  • Olive B Loss Elementary School
  • Alfred G Waters Middle School
  • Appoquinimink High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Shelley Farms Subdivision

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 11-036.00-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,616

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-08-07
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Freezer, Oven/Range - Electric, Washer, Water Heater, Refrigerator
  • Flooring Type: Hardwood
  • Interior Amenities: Kitchen - Eat-In, Ceiling Fan(s), Entry Level Bedroom, Stove - Wood
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 289.90
  • Above Grade Finished Sq Ft: 1000
  • Below Grade Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle
  • Spa: No
  • 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: 10
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OLIVE B LOSS
  • High School: APPOQUINIMINK
  • Middle Or Junior School: ALFRED G WATERS

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 1.62
  • Lot Dimensions: 324.00 x 234.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 70567.00
  • Property Condition: Average
  • Zoning: S
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • School Tax: 1234.00
  • Tax Annual Amount: 1616.00
  • Assessor Parcel Number: 11-036.00-013
  • Tax Lot: 013
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Nov 27, 2020
Sold by
Burns John W
Bought by
Carbonetti Stephen
Seller's Agent
Rita Conde
RE/MAX Associates - Newark
Buyer's Agent
Julianna Conomon
RE/MAX Associates-Wilmington
List Price
$304,000
Sold Price
$262,500
Premium/Discount to List
-$41,500
-13.65%
Current Estimated Value
$361,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,911
Avg. Annual Appreciation
6.44%
Original Mortgage
$265,151
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Carbonetti Stephen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carbonetti Stephen $265,151
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2020 11/27/20 Sold $262,500 -9.5% $263 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
08/14/2020 08/14/20 Price Changed $289,900 -4.6% $290 / Sq Ft
08/07/2020 08/07/20 For Sale $304,000 -- $304 / 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 $1,954 $46,200 $16,900 $29,300
2023 $1,663 $46,200 $16,900 $29,300
2022 $1,675 $46,200 $16,900 $29,300
2021 $1,655 $46,200 $16,900 $29,300
2020 $222 $46,200 $16,900 $29,300
2019 $204 $46,200 $16,900 $29,300
2018 $198 $46,200 $16,900 $29,300
2017 $174 $46,200 $16,900 $29,300
2016 $174 $46,200 $16,900 $29,300
2015 $168 $46,200 $16,900 $29,300
2014 $168 $46,200 $16,900 $29,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC506014

Bright MLS

APN: 11-036.00-013