NOT LISTED FOR SALE

33 Corbit St Newark, DE 19711

Estimated Value: $514,085

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold March 30, 2017

Last sale price $300,000

Est. 71% increase in value since last sale

Current estimated payment $2,971/month

3 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • En-Suite Primary Bedroom

About This Home

As of March 2017

Please Hold Showing Awaiting Signatures. Rarely available 2 story vinyl sided, 4 unit building within the city limits of Newark. Each unit has it's own private entrance and central air. Both first floor units are 1 bedroom, 1 bath, with a eat in kitchen, bedroom and living room. The 2nd floor units are 1 bedroom, 1 bath, with an eat in kitchen and an upstairs loft type living room. Tenants pay their own heat and electric, landlord pays sewer and water. The long time tenants like it here and want to stay. The apartment building includes it's own parking in the rear. This property is located right across the street from the University of Delaware West Campus, 2 blocks from Main St, within walking distance of public transportation and the train station. Makes it an easy commute to Philly, New York, Baltimore, and Washington DC as well as all the local hot spots. Please allow time to schedule a 48 hour notice to inform tenants of all showing's. Positive cashcow!!!

Last Agent to Sell the Property

James Darden

Century 21 Gold Key Realty Listed on: 02/21/2017

Last Buyer's Agent

Karen Ventresca

RE/MAX Elite License #RS-0012571

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $648

Year Built

  • Built in 1972

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40 x 110

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Pitched Roof
  • Vinyl Siding

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Partial Basement

Listing and Financial Details

  • Tax Lot 073
  • Assessor Parcel Number 18-013.00-073

Community Details

Overview

  • No Home Owners Association
  • Newark Subdivision

Building Details

  • Insurance Expense $950
  • Operating Expense $2,198

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$648

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Items
  • Inclusions: 4 Refrigerators
  • New Construction: No
  • Year Built: 1972
  • Remarks Public: Please Hold Showing Awaiting Signatures. Rarely available 2 story vinyl sided, 4 unit building within the city limits of Newark. Each unit has it's own private entrance and central air. Both first floor units are 1 bedroom, 1 bath, with a eat in kitchen, bedroom and living room. The 2nd floor units are 1 bedroom, 1 bath, with an eat in kitchen and an upstairs loft type living room. Tenants pay their own heat and electric, landlord pays sewer and water. The long time tenants like it here and want to stay. The apartment building includes it's own parking in the rear. This property is located right across the street from the University of Delaware West Campus, 2 blocks from Main St, within walking distance of public transportation and the train station. Makes it an easy commute to Philly, New York, Baltimore, and Washington DC as well as all the local hot spots. Please allow time to schedule a 48 hour notice to inform tenants of all showing's. Positive cashcow!!!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Street Number Modifier: 33-35

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 53600.00
  • Land Assessed Value: 8700.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 40 X 110
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Property Attached Yn: Yes
  • Zoning: 18RD

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 26400.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 2368952
  • Tax Annual Amount: 648.00
  • Assessor Parcel Number: 18-013.00-073
  • Tax Lot: 073
  • Tax Year: 2016
  • Close Date: 03/30/2017

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2017
Sold by
Carroll James M and Carroll Diane E
Bought by
Upscale Housing Llc
Current Estimated Value
$514,085

Purchase Details

Listed on
Feb 21, 2017
Closed on
Mar 29, 2017
Sold by
Betley James W and Betley Mary Jean T
Bought by
Carroll James M and Carroll Diane E
Seller's Agent
James Darden
Century 21 Gold Key Realty
Buyer's Agent
Karen Ventresca
RE/MAX Elite
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$225,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 21, 2017
Closed on
Mar 27, 2017
Sold by
Betley James W and Betley Mary Jean T
Bought by
Betley James W and Betley Mary Jean T
Seller's Agent
James Darden
Century 21 Gold Key Realty
Buyer's Agent
Karen Ventresca
RE/MAX Elite
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 1995
Bought by
Betley James W and Betley Mary J
Source: Public Records

Range of Values:

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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
Upscale Housing Llc -- None Available
Carroll James M $300,000 None Available
Betley James W -- None Available
Betley James W $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carroll James M $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2017 03/30/17 Sold $300,000 0.0% --
02/24/2017 02/24/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $300,000 -- --
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 $2,308 $62,300 $8,700 $53,600
2023 $2,261 $62,300 $8,700 $53,600
2022 $2,229 $62,300 $8,700 $53,600
2021 $2,172 $62,300 $8,700 $53,600
2020 $2,109 $62,300 $8,700 $53,600
2019 $1,849 $62,300 $8,700 $53,600
2018 $1,806 $62,300 $8,700 $53,600
2017 $1,753 $62,300 $8,700 $53,600
2016 $1,747 $62,300 $8,700 $53,600
2015 $1,567 $62,300 $8,700 $53,600
2014 $1,566 $62,300 $8,700 $53,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    James Darden

    Century 21 Gold Key Realty

    Section Image
  • Karen Ventresca

    Buyer's Agent in 2017

    Karen Ventresca

    RE/MAX

    (302) 354-1188

    6 in this area

    124 Total Sales

    Karen Ventresca
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000060818

Bright MLS

APN: 18-013.00-073

Delaware New Castle County Newark 19711

33 Corbit St, Newark, DE

This home is located at 33 Corbit St, Newark, DE 19711 since 21 February 2017 and is currently estimated at $514,085. This property was built in 1972. 33 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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