NOT LISTED FOR SALE

5 Capitol Place Newark, DE 19711

Estimated Value: $346,000 - $392,000

3 Beds
1.5 Baths
1,200 Sq Ft
$302/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $270,000 $225 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,088/month

2 Days on Market

Highlights

  • 0.51 Acre Lot
  • 1 Fireplace
  • No HOA
  • Rambler Architecture
  • Sun or Florida Room
  • 1 Car Attached Garage

About This Home

As of February 2021

Take a look at this charming brick ranch home on surprising large lot in the Newark area. With three bedrooms and a bath and half this home includes hardwood floors throughout and a brick fireplace. Updated windows. Sun/Florida off the living room adds to the overall charm and leads to the large patio with stone wall overlooking the fenced backyard. Kitchen includes gas stove, dishwasher and refrigerator. Breezeway off the kitchen leads to the one car garage. Full basement. Washer and dryer included. Large shed includes electric. NOTE: Property includes the land on the side of the property that includes the shed. Seller had been approached in the past to sell the lot to builders on more than one occasion. Seller makes no claim that lot is subdividable. This is for information purposes and any perspective buyer should make their own inquires.

Last Agent to Sell the Property

Bill Whittaker

(302) 477-3900 john@johnwford.com RE/MAX Associates-Wilmington Listed on: 01/13/2021

RE/MAX Associates-Wilmington

Last Buyer's Agent

Daniel Mawn

(302) 453-3200 dan@mawnhomes.com RE/MAX Associates - Newark License #RS-0024255

RE/MAX Associates - Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,277

Year Built

  • Built in 1951

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 146.50 x 150.00
  • Property is zoned NC5

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Delaplane Manor Subdivision

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number 08-060.10-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,277

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: personal property
  • Inclusions: washer, dryer and refrigerator
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Sun/Florida Room
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 208.33
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 46500.00
  • Land Assessed Value: 11300.00
  • Lot Size Acres: 0.51
  • Lot Dimensions: 146.50 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22216.00
  • Zoning: NC5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2292425
  • School Tax: 1797.00
  • Tax Annual Amount: 2277.00
  • Assessor Parcel Number: 08-060.10-004
  • Tax Lot: 004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Feb 25, 2021
Sold by
Luciano Timothy and Luciano Ann M
Bought by
Groom Elizabeth Kerley and Groom Robert Jonathan
Seller's Agent
Bill Whittaker
RE/MAX Associates-Wilmington
Buyer's Agent
Daniel Mawn
RE/MAX Associates - Newark
List Price
$250,000
Sold Price
$270,000
Premium/Discount to List
$20,000
8%
Current Estimated Value
$362,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,644
Avg. Annual Appreciation
6.10%
Original Mortgage
$243,000
Outstanding Balance
$217,832
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$144,812

Purchase Details

Closed on
Aug 22, 2008
Sold by
Luciano Timothy and Luciano Ann M
Bought by
Luciano Timothy and Luciano Ann M

Purchase Details

Closed on
Oct 1, 2004
Sold by
Patterson David W
Bought by
Luciano Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Groom Elizabeth Kerley $270,000 None Available
Luciano Timothy -- None Available
Luciano Timothy $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groom Elizabeth Kerley $243,000
Previous Owner Luciano Timothy $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $270,000 +8.0% $225 / Sq Ft
01/13/2021 01/13/21 For Sale $250,000 -- $208 / 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 $2,461 $57,800 $11,300 $46,500
2023 $2,394 $57,800 $11,300 $46,500
2022 $2,388 $57,800 $11,300 $46,500
2021 $2,338 $57,800 $11,300 $46,500
2020 $2,277 $57,800 $11,300 $46,500
2019 $2,231 $57,800 $11,300 $46,500
2018 $195 $57,800 $11,300 $46,500
2017 $1,885 $57,800 $11,300 $46,500
2016 $1,885 $57,800 $11,300 $46,500
2015 $1,718 $57,800 $11,300 $46,500
2014 $1,717 $57,800 $11,300 $46,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC519234

Bright MLS

APN: 08-060.10-004

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