NOT LISTED FOR SALE

47 Corbit St Newark, DE 19711

Estimated Value: $262,000 - $324,000

3 Beds
1 Bath
1,175 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 07, 2012

Last sale price $64,100 $55 Per Sq Ft

Est. 368% increase in value since last sale

Current estimated payment $1,740/month

92 Days on Market

Highlights

  • Rambler Architecture
  • 1 Car Attached Garage
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of May 2012

3 bed, 1bth ranch w/garage sits in the heart of Newark and is full with heart and soul which was owned by a prideful owner for 15 years. Only unfortunate circumstances makes this home a possibility. Enter into the large living room with huge window, the kitchen features an eat in breakfast bar area, the dining room is large enough for entertaining. Three nice size bedrooms. Wonderful yard. Features a 3 year old furnace, newer stove. Still needs TLC. The lucky new owner will be approved for a 2 student and 1 non student rental by the city of Newark once fix up complete. To get a 3 student permit either a variance or exception process with planning needs to occur. All offers subject to final approval from lenders, lien holders, equitable owners, and must have final bank approval. Home is being sold as-is with no warranties expressed or implied. Home inspection is for informational purposes only. If property is vacant and no utilities are on, buyer responsible to turn on.

Last Agent to Sell the Property

Gina McCollum

RE/MAX Associates-Hockessin Listed on: 11/21/2011

RE/MAX Associates-Hockessin

Last Buyer's Agent

Gina McCollum

RE/MAX Associates-Hockessin Listed on: 11/21/2011

RE/MAX Associates-Hockessin

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 86x80
  • Property is in below average condition
  • Property is zoned RD

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,175 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 077
  • Assessor Parcel Number 18-013.00-077

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1955
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1175
  • Living Area Sq Ft: 1175
  • Net Sq Ft: 1175.00
  • Price Per Sq Ft: 85.11
  • Above Grade Finished Sq Ft: 1175
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Exterior Lighting
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 30900.00
  • Land Assessed Value: 6800.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 86X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Property Condition: Below Average
  • Zoning: RD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2368956
  • Tax Annual Amount: 1021.00
  • Assessor Parcel Number: 18-013.00-077
  • Tax Lot: 077
  • Tax Year: 2010
  • Close Date: 05/07/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2011
Closed on
May 7, 2012
Sold by
Cornish Annette H
Bought by
Peel Glenn D and Peel Diane C
Seller's Agent
Gina McCollum
RE/MAX Associates-Hockessin
Buyer's Agent
Gina McCollum
RE/MAX Associates-Hockessin
List Price
$149,000
Sold Price
$64,100
Premium/Discount to List
-$84,900
-56.98%
Current Estimated Value
$299,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,765
Avg. Annual Appreciation
12.17%
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
Peel Glenn D $64,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peel Glenn D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2012 05/07/12 Sold $64,100 -35.9% $55 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
12/22/2011 12/22/11 Price Changed $100,000 -32.9% $85 / Sq Ft
11/21/2011 11/21/11 For Sale $149,000 -- $127 / 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 $1,430 $38,600 $6,800 $31,800
2023 $1,396 $38,600 $6,800 $31,800
2022 $1,381 $38,600 $6,800 $31,800
2021 $1,307 $38,600 $6,800 $31,800
2020 $1,307 $38,600 $6,800 $31,800
2019 $1,344 $38,600 $6,800 $31,800
2018 $1,119 $38,600 $6,800 $31,800
2017 $1,086 $38,600 $6,800 $31,800
2016 $1,083 $38,600 $6,800 $31,800
2015 -- $38,600 $6,800 $31,800
2014 $970 $38,600 $6,800 $31,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004582144

Bright MLS

APN: 18-013.00-077