NOT LISTED FOR SALE

407 Capitol Trail Newark, DE 19711

Estimated Value: $243,000 - $319,771

3 Beds
1 Bath
1,150 Sq Ft
$247/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $144,000 $125 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,500/month

73 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Hot Water Baseboard Heater
  • Wood Flooring
  • Den
  • Southeast Facing Home

About This Home

As of March 2020

Great opportunity to own this starter home within City of Newark limits. It is just minutes from downtown Newark and the University of Delaware, conveniently located off the major corridor of Rt. 2. Situated on a large corner lot with nice set back from the road and a deep backyard. This cape cod style house features a den/office with separate entrance, updated bath and kitchen, 2 generously-sized bedrooms, walkup attic for extra storage or a potential bedroom, hardwood floors, newer hot water heater and hot water boiler heater. A little TLC will make this property shine. The property is priced way below market value and will be sold "As Is". Buyer Home inspection is for information purpose only, seller will not make any repairs. Hurry, it won't last.

Last Agent to Sell the Property

Judy Chen

(302) 999-9999 gail.renulfi@foxroach.com BHHS Fox & Roach - Hockessin License #RS362602 Listed on: 11/10/2019

BHHS Fox & Roach - Hockessin

Co-Listed By

Nancy Pu-Chou

(302) 999-9999 gail.renulfi@foxroach.com BHHS Fox & Roach - Hockessin License #10789

Last Buyer's Agent

Donna Weed

(302) 351-5000 maggie@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,628

Year Built

  • Built in 1953

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 65.00 x 200.00
  • Southeast Facing Home
  • Property is in below average condition
  • Property is zoned 18RS

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 2 Levels
  • Den
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

  • Downes Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Newark Subdivision

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 18-016.00-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,628

Year Built

Built in 1953

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet, Vinyl
  • Fireplace: No
  • Levels Count: 2
  • Room List: Bedroom 2, Kitchen, Den, Bedroom 1, Bathroom 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1150
  • Living Area Sq Ft: 1150
  • Price Per Sq Ft: 130.43
  • Above Grade Finished Sq Ft: 1150
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • 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
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 33800.00
  • Land Assessed Value: 9700.00
  • Lot Size Acres: 0.30
  • Lot Dimensions: 65.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Property Condition: Below Average
  • Zoning: 18RS
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2369457
  • School Tax: 1155.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1628.00
  • Assessor Parcel Number: 18-016.00-005
  • Tax Lot: 005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2019
Closed on
Mar 6, 2020
Sold by
Wanda Assoc
Bought by
Jordan Gloria T
Seller's Agent
Judy Chen
BHHS Fox & Roach - Hockessin
Buyer's Agent
Donna Weed
Long & Foster Real Estate, Inc.
List Price
$150,000
Sold Price
$144,000
Premium/Discount to List
-$6,000
-4%
Current Estimated Value
$283,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,943
Avg. Annual Appreciation
12.02%
Original Mortgage
$136,800
Outstanding Balance
$121,156
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$162,787

Purchase Details

Closed on
Jun 25, 1999
Bought by
Wanda Assoc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jordan Gloria T $144,000 None Available
Wanda Assoc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Gloria T $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $144,000 -4.0% $125 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
11/10/2019 11/10/19 For Sale $150,000 -- $130 / 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 $459 $43,500 $9,700 $33,800
2023 $1,573 $43,500 $9,700 $33,800
2022 $1,556 $43,500 $9,700 $33,800
2021 $1,516 $43,500 $9,700 $33,800
2020 $1,473 $43,500 $9,700 $33,800
2019 $1,291 $43,500 $9,700 $33,800
2018 $6,730 $43,500 $9,700 $33,800
2017 $337 $43,500 $9,700 $33,800
2016 -- $43,500 $9,700 $33,800
2015 -- $43,500 $9,700 $33,800
2014 -- $43,500 $9,700 $33,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC490566

Bright MLS

APN: 18-016.00-005

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