NOT LISTED FOR SALE

328 Delaware Cir Newark, DE 19711

Estimated Value: $280,441 - $396,000

Studio
1 Bath
1,275 Sq Ft
$279/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $320,000 $251 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,954/month

37 Days on Market

Highlights

  • No HOA
  • Asbestos
  • 2-minute walk to George Read Park
  • West Park Place Elementary School Rated A-
  • Heating System Uses Gas

About This Home

As of March 2015

Well cared for student rental duplex with 2 permits for 3 non related persons. Each unit is 3 bedrooms and 2 full bath. Each unit is rented for $1600.00 per month til May 31, 2015. Tenants pay all utilities including water and sewer owner pays only insurance and $200.00 per year per unit for city of Newark rental permit.

Last Agent to Sell the Property

James Darden

(302) 369-5397 newarkoffice@c21gk.com Century 21 Gold Key Realty Listed on: 11/03/2014

Century 21 Gold Key Realty

Last Buyer's Agent

Jonathan Park

(302) 442-4200 jessicastiner@remax.net RE/MAX Edge License #RA-0020901

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,393

Year Built

  • Built in 1943

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 36 x 87
  • Property is in good condition

Parking

  • Driveway

Home Design

  • Duplex
  • Asbestos

Interior Spaces

  • 1,275 Sq Ft Home
  • Partial Basement
  • Laundry in unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 18-021.00-111 & 18-021.00-112

Community Details

Overview

  • No Home Owners Association
  • George Read Villag Subdivision

Building Details

  • Insurance Expense $800
  • Other Expense $400
  • Operating Expense $2,593

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,393

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Items
  • New Construction: No
  • Other Expense: 400.00
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1275
  • Living Area Sq Ft: 1275
  • Price Per Sq Ft: 274.51
  • Above Grade Finished Sq Ft: 1275
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 37300.00
  • Land Assessed Value: 6100.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 36 X 87
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Good
  • Zoning: 18RD

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 38400.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2370875
  • Tax Annual Amount: 1393.00
  • Assessor Parcel Number: 18-021.00-111 & 18-021.00-112
  • Tax Lot: 111
  • Tax Year: 2014

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2015
Sold by
M & R Investors Llc
Bought by
Kang Sarah
Current Estimated Value
$369,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2012
Closed on
Nov 15, 2012
Sold by
Egnor John R and Egnor Loretta Faye
Bought by
M & R Investors Llc
Seller's Agent
George Brown
Patterson-Schwartz-Hockessin
Buyer's Agent
George Brown
Patterson-Schwartz-Hockessin
List Price
$339,900
Sold Price
$289,500
Premium/Discount to List
-$50,400
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.56%

Purchase Details

Closed on
Sep 5, 2001
Sold by
Egnor Harriet Louise
Bought by
Egnor John R
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

Date Buyer Sale Price Title Company
Kang Sarah $340,000 None Available
M & R Investors Llc -- None Available
Egnor John R -- None Available
Egnor John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kang Sarah $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2015 03/31/15 Sold $320,000 -8.6% $251 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
11/03/2014 11/03/14 For Sale $350,000 +20.9% $275 / Sq Ft
11/15/2012 11/15/12 Sold $289,500 -10.9% $90 / Sq Ft View Prior Sale
07/26/2012 07/26/12 Price Changed $325,000 -4.4% $102 / Sq Ft
06/26/2012 06/26/12 For Sale $339,900 -- $106 / Sq Ft
Source: Bright MLS

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 $458 $43,400 $6,100 $37,300
2023 $1,569 $43,400 $6,100 $37,300
2022 $1,553 $43,400 $6,100 $37,300
2021 $1,513 $43,400 $6,100 $37,300
2020 $1,349 $43,400 $6,100 $37,300
2019 $1,288 $43,400 $6,100 $37,300
2018 $1,258 $43,400 $6,100 $37,300
2017 $1,221 $43,400 $6,100 $37,300
2016 $1,217 $43,400 $6,100 $37,300
2015 $1,091 $43,400 $6,100 $37,300
2014 -- $43,400 $6,100 $37,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003140940

Bright MLS

APN: 18-021.00-111