NOT LISTED FOR SALE

45 E Park Place Newark, DE 19711

Estimated Value: $400,119 - $538,000

3 Beds
1 Bath
1,800 Sq Ft
$265/Sq Ft Est. Value

Last Sold December 20, 2016

Last sale price $233,000 $129 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,739/month

27 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Deck
  • Attic
  • 3-minute walk to Lewis Park

About This Home

As of December 2016

RARE Location! Directly across the street from University of Delaware. Not too many opportunities to own a home with this location. Large home with front and rear additions. Elongated Driveway leads to 2 car detached garage and rear yard with 2 sheds. Front addition is living room, rear addition is large room with separate exterior entrance, built in closets and skylight. Both additions are electric baseboard heat, rest of home is gas radiator heat. Formal dining room and family room with brick fireplace. There used to be a second bedroom on the main level, but it was converted to use as a breakfast room when rear addition added. Laundry was in the basement but was brought to main level bathroom. Upstairs has two bedrooms, and possibly room for second bath addition. All windows except one window in main level bedroom have been replaced. Garage used to be in the basement, but driveway and garage entry was closed off in the past. Now the garage is a detached structure around back. Owner can make no repairs to property. Property is being Sold in AS-IS condition. Owner will need about 30 days beyond settlement to remove belongings and move out. Owner may leave some belongings behind that will become responsibility of the buyer to handle. Excessive belongings are in house at this time. Owner more than likely will be present for showings. LOCATION! LOCATION! LOCATION!

Last Agent to Sell the Property

Kathy Melcher

Coldwell Banker Rowley Realtors License #RS-0019961 Listed on: 11/11/2016

Coldwell Banker Rowley Realtors

Co-Listed By

Tamara Hayman

Coldwell Banker Rowley Realtors License #RSR001565

Last Buyer's Agent

Kathy Melcher

Coldwell Banker Rowley Realtors License #RS-0019961 Listed on: 11/11/2016

Coldwell Banker Rowley Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,627

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 48x163
  • Property is in below average condition
  • Property is zoned 18RD

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Rented or Permit Required

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • Skylights
  • Brick Fireplace
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck

Utilities

  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Newark Subdivision

Listing and Financial Details

  • Tax Lot 038
  • Assessor Parcel Number 18-032.00-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,627

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Remarks Public: RARE Location! Directly across the street from University of Delaware. Not too many opportunities to own a home with this location. Large home with front and rear additions. Elongated Driveway leads to 2 car detached garage and rear yard with 2 sheds. Front addition is living room, rear addition is large room with separate exterior entrance, built in closets and skylight. Both additions are electric baseboard heat, rest of home is gas radiator heat. Formal dining room and family room with brick fireplace. There used to be a second bedroom on the main level, but it was converted to use as a breakfast room when rear addition added. Laundry was in the basement but was brought to main level bathroom. Upstairs has two bedrooms, and possibly room for second bath addition. All windows except one window in main level bedroom have been replaced. Garage used to be in the basement, but driveway and garage entry was closed off in the past. Now the garage is a detached structure around back. Owner can make no repairs to property. Property is being Sold in AS-IS condition. Owner will need about 30 days beyond settlement to remove belongings and move out. Owner may leave some belongings behind that will become responsibility of the buyer to handle. Excessive belongings are in house at this time. Owner more than likely will be present for showings. LOCATION! LOCATION! LOCATION!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Skylight(s), Ceiling Fan(s), Dining Area
  • Window Features: Replacement
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Net Sq Ft: 1800.00
  • Price Per Sq Ft: 144.39
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 45

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stucco, Brick
  • Access To Pool: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Rented/Permit Required
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 48X163
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Below Average
  • Zoning: 18RD

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1627.00
  • Assessor Parcel Number: 18-032.00-038
  • Tax Lot: 038
  • Tax Year: 2016
  • Close Date: 12/20/2016

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2016
Closed on
Dec 20, 2016
Sold by
Lomax Russell D
Bought by
Brandon Group 2 Llc
Seller's Agent
Kathy Melcher
Coldwell Banker Rowley Realtors
Buyer's Agent
Kathy Melcher
Coldwell Banker Rowley Realtors
List Price
$259,900
Sold Price
$233,000
Premium/Discount to List
-$26,900
-10.35%
Current Estimated Value
$477,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,780
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
Sep 4, 2015
Sold by
Lomax Russell D
Bought by
Lomax Russell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,700
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Brandon Group 2 Llc $233,000 None Available
Lomax Russell D -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lomax Russell D $157,700
Previous Owner Lomax Russell D $152,000
Previous Owner Lomax Russell D $125,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2016 12/20/16 Sold $233,000 -10.4% $129 / Sq Ft
11/11/2016 11/11/16 For Sale $259,900 -- $144 / 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 $1,871 $50,500 $10,700 $39,800
2023 $1,826 $50,500 $10,700 $39,800
2022 $1,807 $50,500 $10,700 $39,800
2021 $5,601 $50,500 $10,700 $39,800
2020 $1,710 $50,500 $10,700 $39,800
2019 $1,499 $50,500 $10,700 $39,800
2018 $1,464 $50,500 $10,700 $39,800
2017 $1,421 $50,500 $10,700 $39,800
2016 $147 $50,500 $10,700 $39,800
2015 $1,270 $50,500 $10,700 $39,800
2014 $1,269 $50,500 $10,700 $39,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003958321

Bright MLS

APN: 18-032.00-038