$50,000
SOLD APR 22, 2018

408 East Ave New Castle, DE 19720

Minquadale Neighborhood
2 Beds
1 Bath
800 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

28% Below List Price

59 Days on Market

Highlights

  • Rambler Architecture
  • Living Room
  • Forced Air Heating System
  • No HOA
  • En-Suite Primary Bedroom

About This Home

As of March 2024

Slightly better than a shell, this single family home has a good roof and foundation, no kitchen, bathroom needs to be renovated and the bedrooms need work. If you are looking for an affordable home for an investment or for yourself and you don't mind work this could be the one. You will not be able to finance this home, unless it's a FHA 203K loan, prefer cash deal. Vacant and easy to view. Needs all electrical, plumbing, systems, oil forced air heater, not sure if it works but it's there. Property is owned by a licensed Delaware realtor.

Last Agent to Sell the Property

Peter Meyer

Meyer & Meyer Realty License #RB-0003304 Listed on: 01/22/2018

Last Buyer's Agent

Peter Meyer

Meyer & Meyer Realty License #RB-0003304 Listed on: 01/22/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Property is zoned NC5

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Holloway Terrace Subdivision

Listing and Financial Details

  • Tax Lot 040
  • Assessor Parcel Number 10-011.30-040

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1950
  • Remarks Public: Slightly better than a shell, this single family home has a good roof and foundation, no kitchen, bathroom needs to be renovated and the bedrooms need work. If you are looking for an affordable home for an investment or for yourself and you don't mind work this could be the one. You will not be able to finance this home, unless it's a FHA 203K loan, prefer cash deal. Vacant and easy to view. Needs all electrical, plumbing, systems, oil forced air heater, not sure if it works but it's there. Property is owned by a licensed Delaware realtor.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Street Number Modifier: 408

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: COLONIAL
  • School District Key: 300200396891

Lot Info

  • Improvement Assessed Value: 22100.00
  • Land Assessed Value: 4100.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Property Attached Yn: No
  • Zoning: NC5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2309327
  • Tax Annual Amount: 765.00
  • Assessor Parcel Number: 10-011.30-040
  • Tax Lot: 040
  • Tax Year: 2017
  • Close Date: 04/22/2018

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Mar 6, 2024
Sold by
Interfaith Cmty Hsng and Interfaith Delaware
Bought by
Owens Shala
Seller's Agent
martina hinton
Realty Mark Associates-Newark
Buyer's Agent
Kelly Diaz
Keller Williams Realty Wilmington
List Price
$354,000
Sold Price
$354,000
Total Days on Market
59
Views
845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%
Original Mortgage
$336,300
Outstanding Balance
$332,361
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$28,186

Purchase Details

Listed on
Jan 22, 2018
Closed on
Apr 5, 2018
Sold by
Dagny Llc
Bought by
Interfaith Community Housing Of Delaware
Seller's Agent
Peter Meyer
Meyer & Meyer Realty
Buyer's Agent
Peter Meyer
Meyer & Meyer Realty
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.50%
Original Mortgage
$53,960
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 18, 2018
Sold by
Callahan Beverly A and Bishop Traci
Bought by
Dagny Llc
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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Available
Deed $19,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,300 New Conventional
Previous Owner $53,960 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 For Sale $364,900 +3.1% $212 / Sq Ft
03/06/2024 03/06/24 Sold $354,000 0.0% $218 / Sq Ft
12/14/2023 12/14/23 For Sale $354,000 +608.0% $218 / Sq Ft
04/22/2018 04/22/18 Sold $50,000 -24.1% $63 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
02/21/2018 02/21/18 Price Changed $65,900 -5.7% $82 / Sq Ft
01/22/2018 01/22/18 For Sale $69,900 -- $87 / Sq Ft
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 $2,163 $63,000 $4,100 $58,900
2023 -- $4,100 $4,100 --
2022 $0 $4,100 $4,100 $0
2021 $282 $4,100 $4,100 $0
2020 $282 $26,200 $4,100 $22,100
2019 $282 $26,200 $4,100 $22,100
2018 $840 $26,200 $4,100 $22,100
2017 $786 $26,200 $4,100 $22,100
2016 $19 $26,200 $4,100 $22,100
2015 -- $26,200 $4,100 $22,100
2014 -- $26,200 $4,100 $22,100
Source: Public Records

Agents Affiliated with this Home

  • martina hinton

    Seller's Agent in 2024

    martina hinton

    Realty Mark Associates-Newark

    (215) 688-8200

    5 in this area

    21 Total Sales

    martina hinton
    Section Image
  • Kelly Diaz

    Buyer's Agent in 2024

    Kelly Diaz

    Keller Williams Realty Wilmington

    (201) 741-8110

    2 in this area

    112 Total Sales

    Kelly Diaz
    Section Image
  • Peter Meyer

    Seller's Agent in 2018

    Peter Meyer

    Meyer & Meyer Realty

    (302) 218-2790

    11 in this area

    148 Total Sales

    Peter Meyer
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004932913

Bright MLS

APN: 10-011.30-040

Delaware New Castle County New Castle 19720 Minquadale

408 East Ave, New Castle, DE

This home is located at 408 East Ave, New Castle, DE 19720 and is currently priced at $50,000, approximately $62 per square foot. This property was built in 1950. 408 East Ave is a home located in New Castle County with nearby schools including Harry O. Eisenberg Elementary School, Calvin R. McCullough Middle School, and Charter School of New Castle.

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