Seller's Agent in 2020
West Prein
Long & Foster
(302) 437-0606
8 in this area
58 Total Sales
354 Paper Mill Rd Newark, DE 19711
Estimated Value: $315,659 - $358,000
2
Beds
2
Baths
1,100
Sq Ft
$302/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Loft
- Eat-In Kitchen
- Cape Cod Architecture
- No HOA
- Laundry Room
About This Home
As of March 2020Adorable Newark Cape located within walking distance of University of Delaware and Main Street, minutes from White Clay Creek State Park, and yet a short drive to the Scenic Brandywine Valley, not to mention, Delaware's finest tax free shopping and fine/casual dining! With a shortage of quality inventory in Newark, this home was tastefully remodeled/renovated in 2015, and checks the boxes for both HOMEOWNER or INVESTOR (City of Newark 3 person unrelated rental permit already in place). This home offers an open kitchen/living room floor plan with granite counter tops and stainless steel appliances. The home also features a spacious loft with private entrance and its own full bath w/ample storage space that could easily double as a 3rd bedroom or office. The house has a full size 13x7 laundry room, a 25x8 front porch and a large, flat rear yard with comfortable 3+ car off-street parking. Open House Sunday, January 12th 1-3pm
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #R3-0016103 Listed on: 01/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,448
Year Built
- Built in 1935 | Remodeled in 2015
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50.00 x 133.00
- Back and Front Yard
- Property is in very good condition
- Property is zoned 18RD
Home Design
- Cape Cod Architecture
- Block Wall
- Shingle Roof
- Stone Siding
- Masonry
Interior Spaces
- 1,100 Sq Ft Home
- Property has 1.5 Levels
- Open Floorplan
- Living Room
- Loft
- Partial Basement
- Eat-In Kitchen
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Driveway
- Off-Street Parking
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Paper Mill Subdivision
Listing and Financial Details
- Tax Lot 021
- Assessor Parcel Number 18-008.00-021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2020
Closed on
Mar 9, 2020
Sold by
Redding Maurice Howland and Redding Heather E
Bought by
Schweizer Alan E and Brown James J
Seller's Agent
West Prein
Long & Foster Real Estate, Inc.
Buyer's Agent
Al Schweizer
Patterson-Woods & Associates
List Price
$269,000
Sold Price
$240,000
Premium/Discount to List
-$29,000
-10.78%
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
$87,509
Avg. Annual Appreciation
6.15%
Original Mortgage
$192,000
Outstanding Balance
$171,085
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$160,580
Purchase Details
Listed on
Nov 24, 2015
Closed on
Dec 22, 2015
Sold by
Drexel Layne L
Bought by
Redding Maurice Howland and Redding Heather E
Seller's Agent
Carl Chen
RE/MAX Edge
Buyer's Agent
West Prein
Long & Foster Real Estate, Inc.
List Price
$109,900
Sold Price
$97,500
Premium/Discount to List
-$12,400
-11.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.79%
Purchase Details
Closed on
Feb 1, 1980
Bought by
Drexel Layne L
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schweizer Alan E | $240,000 | None Available | |
| Redding Maurice Howland | $88,000 | None Available | |
| Drexel Layne L | $32,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schweizer Alan E | $192,000 | |
| Previous Owner | Redding Maurice Howland | $155,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/09/2020 03/09/20 | Sold | $240,000 | -4.0% | $218 / Sq Ft |
| 02/14/2020 02/14/20 | Pending | -- | -- | -- |
| 02/05/2020 02/05/20 | Price Changed | $250,000 | -7.1% | $227 / Sq Ft |
| 01/09/2020 01/09/20 | For Sale | $269,000 | +175.9% | $245 / Sq Ft |
| 12/21/2015 12/21/15 | Sold | $97,500 | -11.3% | $89 / Sq Ft |
| 12/04/2015 12/04/15 | Pending | -- | -- | -- |
| 11/24/2015 11/24/15 | For Sale | $109,900 | -- | $100 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,434 | $38,700 | $15,700 | $23,000 |
| 2023 | $1,399 | $38,700 | $15,700 | $23,000 |
| 2022 | $1,385 | $38,700 | $15,700 | $23,000 |
| 2021 | $1,349 | $38,700 | $15,700 | $23,000 |
| 2020 | $1,310 | $38,700 | $15,700 | $23,000 |
| 2019 | $1,347 | $38,700 | $15,700 | $23,000 |
| 2018 | $5,988 | $38,700 | $15,700 | $23,000 |
| 2017 | $299 | $38,700 | $15,700 | $23,000 |
| 2016 | -- | $38,700 | $15,700 | $23,000 |
| 2015 | $973 | $38,700 | $15,700 | $23,000 |
| 2014 | $973 | $38,700 | $15,700 | $23,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Al Schweizer
Patterson-Woods & Associates
(302) 368-5892
6 in this area
14 Total Sales
-
C
Seller's Agent in 2015
Carl Chen
RE/MAX Edge
Map
Source: Bright MLS
MLS Number: DENC492894
APN: 18-008.00-021
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