$354,000
SOLD MAR 6, 2024
3 Beds
2.5 Baths
1,626 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$218 Per Sq Ft

54 Days on Market

Highlights

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

About This Home

As of July 2025

Agents, Please read all remarks in this section...and view docs in the Documents section before scheduling to view, as the buyer must meet income guidelines (income must not exceed 80% of the Median per household size) to purchase the property. The income guidelines sheet is in the documents section of Bright.
Welcome to 408 East Ave, a Single Family Detached, New Construction home: equipped with driveway parking and a one car garage. This living space,has quality finishes throughout! Fall in love with it. It has lovely floors, and an open floor plan. A front porch, a deck off of the kitchen/dining area, and an amazing and spacious lot/ backyard. Enjoy cooking in the stunning kitchen with quality cabinets, granite countertops, bar stool seating, stainless steel appliances and more. There are two full bathrooms ; one in the master bedroom and a half bath on the main level. The living and dining rooms are wide open with plenty of space,' just perfect for entertaining. This home offers 3 sizeable bedrooms, equipped with ceiling fans and lots of closet space. This home has ample cabinet and closet space throughout, central air, brand new washer/dryer, and more! Don't miss your opportunity to own this stunning home, come see it today!
The sale is subject to: - Buyer Income Qualification, - New Castle County (15 year) & Delaware State Housing Authority (10 year) Retention Agreements. Please review all documents in the documents section All offers are to be emailed in one complete file. Please see Offer Presentation instructions in the agent remarks section.

Last Agent to Sell the Property

martina hinton

(215) 688-8200 tinahint1@gmail.com Realty Mark Associates-Newark License #RS-0025707 Listed on: 12/14/2023

Realty Mark Associates-Newark

Last Buyer's Agent

Kelly Diaz

(201) 741-8110 diazdelivers@gmail.com Keller Williams Realty Wilmington License #RS0036820

Keller Williams Realty Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $765

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 3,920 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned NC5

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,626 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas 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

Est. Annual Taxes

$765

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Expected On Market: 2023-12-14
  • Federal Flood Zone: No
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1626
  • Living Area Sq Ft: 1626
  • Price Per Sq Ft: 217.71
  • Above Grade Finished Sq Ft: 1626
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Water Available, Sewer Available
  • 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
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Property Condition: Excellent
  • Zoning: NC5
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 765.00
  • Assessor Parcel Number: 10-011.30-040
  • Tax Lot: 040
  • Tax Year: 2017
  • Close Date: 03/06/2024

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Jul 29, 2025
Sold by
Owens Shala
Bought by
Ojo Ayobami
Seller's Agent
Kelly Diaz
Keller Williams Realty Wilmington
Buyer's Agent
MARCIA SHULER
BHHS Fox & Roach-Christiana
List Price
$364,900
Sold Price
$380,000
Premium/Discount to List
$15,100
4.14%
Views
299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.13%
Original Mortgage
$323,000
Outstanding Balance
$323,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$40,368

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
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
5.19%
Original Mortgage
$336,300
Interest Rate
6.69%
Mortgage Type
New Conventional

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 $456,000 None Listed On Document
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 $323,000 New Conventional
Previous Owner $336,300 New Conventional
Previous Owner $53,960 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Sold $380,000 +4.1% $220 / Sq Ft
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

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Map

Source: Bright MLS

MLS Number: DENC2053096

Bright MLS

APN: 10-011.30-040