NOT LISTED FOR SALE

305 Lark Dr Newark, DE 19713

Estimated Value: $99,000 - $139,000

0.38 Acre
$313,158 Price per Acre
16,553 Sq Ft Lot

Sale Details

Date Sold: March 28, 2024

Last sale price $85,000

Est. 40% increase in value since last sale

Current estimated payment $658 / mo

201 Days on Market

About This Lot

As of March 2024

Building lot available in established Newark neighborhood! Large 15,000 sf Newark city utility-served lot in established tree-friendly Arbour Park single-family neighborhood minutes to the University of Delaware, I-95, shopping and dining, walk to Rittenhouse Park, and within the 5-mile radius of Newark Charter School! Seller is flexible with tree-saving rear and side yard setbacks. Bring your ideas and your builder and build your dream home.

Last Agent to Sell the Property

David Landon

(302) 733-7000 ccashman@psre.com Patterson-Schwartz-Newark License #521092 Listed on: 08/05/2023

Patterson-Schwartz-Newark

Co-Listed By

Kirsten Landon

(302) 733-7000 ccashman@psre.com Patterson-Schwartz-Newark License #RS0013188

Last Buyer's Agent

Michael Walton

(302) 202-9855 ashley.hess@compass.com Compass License #RS335424

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $644

Lot Details

  • 16,553 Sq Ft Lot
  • No Building Permits
  • Property is zoned 18RT

Schools

  • West Park Place Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Arbour Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-043.00-100

Property Details

Property Type

Land

Est. Annual Taxes

$644

Lot Details

0.38 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 6.01

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent
  • Elementary School: WEST PARK PLACE
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Acres: 0.38
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16553.00
  • Zoning: 18RT
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 489.00
  • Tax Annual Amount: 644.00
  • Assessor Parcel Number: 18-043.00-100
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

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
Aug 5, 2023
Closed on
Mar 28, 2024
Sold by
Bought by
Seller's Agent
David Landon
Patterson-Schwartz-Newark
Buyer's Agent
Michael Walton
Compass
List Price
$125,000
Sold Price
$85,000
Premium/Discount to List
-$40,000
-32%
Views
429
Current Estimated Value
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,000
Avg. Annual Appreciation
16.77%
Original Mortgage
$63,750
Outstanding Balance
$62,383
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$56,617

Purchase Details

Closed on
Dec 3, 2021
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- None Listed On Document
$95,000 Wolfe & Associates Llc
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 $63,750
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
03/28/2024 03/28/24 Sold $85,000 -14.6% --
02/22/2024 02/22/24 Pending -- -- --
11/07/2023 11/07/23 Price Changed $99,500 -5.2% --
10/18/2023 10/18/23 Price Changed $105,000 -6.7% --
09/22/2023 09/22/23 Price Changed $112,500 -10.0% --
08/12/2023 08/12/23 For Sale $125,000 0.0% --
08/08/2023 08/08/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $125,000 -- --
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 -- $90,200 $90,200 --
2024 $156 $14,800 $14,800 --
2023 $535 $14,800 $14,800 $0
2022 $529 $14,800 $14,800 $0
2021 $516 $14,800 $14,800 $0
2020 $501 $14,800 $14,800 $0
2019 $439 $14,800 $14,800 $0
2018 $2,290 $14,800 $14,800 $0
2017 $115 $14,800 $14,800 $0
2016 -- $14,800 $14,800 $0
2015 -- $14,800 $14,800 $0
2014 $372 $14,800 $14,800 $0
Source: Public Records

Agents Affiliated with this Home

  • David Landon

    Seller's Agent in 2024

    David Landon

    Patterson Schwartz

    (302) 218-8473

    55 in this area

    348 Total Sales

    David Landon
    Section Image
  • Kirsten Landon

    Seller Co-Listing Agent in 2024

    Kirsten Landon

    Patterson Schwartz

    (302) 218-8474

    29 in this area

    156 Total Sales

    Kirsten Landon
    Section Image
  • Michael Walton

    Buyer's Agent in 2024

    Michael Walton

    Compass

    (302) 293-7109

    15 in this area

    240 Total Sales

    Michael Walton
    Section Image
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Map

Source: Bright MLS

MLS Number: DENC2047258

Bright MLS

APN: 18-043.00-100

Delaware New Castle County Newark 19713

305 Lark Dr, Newark, DE

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