NOT LISTED FOR SALE

5 Mccord Dr Newark, DE 19713

Estimated Value: $323,000 - $353,896

4 Beds
1.5 Baths
1,981 Sq Ft
$170/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $140,000 $71 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,947/month

Highlights

  • Wood Flooring
  • Den
  • Forced Air Heating System
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of November 2019

INVESTMENT OPPORTUNITY! Swoop in and update this 4-bedroom home to sell or live comfortably! Great bones, hardwood floors, brick fireplace, and tons of potential. *This is a SHORT SALE. Inspections are for informational purposes only. Buyer shall receive 3% settlement help from seller at closing. Buyer shall pay the short sale negotiation to Ward & Taylor, LLC in the amount of 3% of the purchase price. (This verbiage must be in the Agreement of Sale.)

Last Agent to Sell the Property

Michael McKee

(610) 247-9154 mmckee@mkgre.com Long & Foster Real Estate, Inc. License #RS-0022204 Listed on: 01/18/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Elizabeth McKee

(610) 420-1686 emckee@mkgre.com Long & Foster Real Estate, Inc. License #RS144210A

Last Buyer's Agent

David Landon

(302) 218-8473 davelandon@gmail.com Patterson-Schwartz-Newark License #521092

Patterson-Schwartz-Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,622

Year Built

  • Built in 1954

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in below average condition
  • Property is zoned NC6.5

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Brick Fireplace
  • Living Room
  • Dining Room
  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Private Parking
  • Driveway
  • Paved Parking

Schools

  • Brookside Elementary School
  • Kirk Middle School
  • Newark High School

Utilities

  • Forced Air Heating System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Brookside Subdivision

Listing and Financial Details

  • Tax Lot 012
  • Assessor Parcel Number 11-003.10-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,622

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1954
  • Remarks Public: INVESTMENT OPPORTUNITY! Swoop in and update this 4-bedroom home to sell or live comfortably! Great bones, hardwood floors, brick fireplace, and tons of potential. *This is a SHORT SALE. Inspections are for informational purposes only. Buyer shall receive 3% settlement help from seller at closing. Buyer shall pay the short sale negotiation to Ward & Taylor, LLC in the amount of 3% of the purchase price. (This verbiage must be in the Agreement of Sale.)
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: Other
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Office, Bathroom 1, Half Bath
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1981
  • Living Area Sq Ft: 1981
  • Price Per Sq Ft: 91.53
  • Above Grade Finished Sq Ft: 1475
  • Below Grade Finished Sq Ft: 506
  • Total Below Grade Sq Ft: 506
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Private, Paved Parking
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: 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: CHRISTINA
  • Elementary School: BROOKSIDE
  • Middle School: KIRK
  • High School: NEWARK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • Elementary School: BROOKSIDE
  • High School: NEWARK
  • Middle Or Junior School: KIRK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 38500.00
  • Land Assessed Value: 8600.00
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Property Condition: Below Average
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2333704
  • School Tax: 1231.00
  • Tax Annual Amount: 1622.00
  • Assessor Parcel Number: 11-003.10-012
  • Tax Lot: 012
  • Tax Total Finished Sq Ft: 506
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 11/15/2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Nov 15, 2019
Sold by
Sainson Stephen R
Bought by
O4m Holdings Llc
Seller's Agent
Michael McKee
Long & Foster Real Estate, Inc.
Buyer's Agent
David Landon
Patterson-Schwartz-Newark
List Price
$135,000
Sold Price
$140,000
Premium/Discount to List
$5,000
3.7%
Current Estimated Value
$336,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,474
Avg. Annual Appreciation
15.97%

Purchase Details

Closed on
Mar 18, 2019
Sold by
04M Holdings Llc
Bought by
04M Holdings Llc Series Four

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,093
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 1, 2018
Sold by
Sainson Stephen R and Sainson Sheila E
Bought by
Sainson Stephen R

Purchase Details

Closed on
Jul 1, 1985
Bought by
Sainson Stephen R and Sainson Shelia E
Source: Public Records

Range of Values:

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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
O4m Holdings Llc $140,000 None Available
04M Holdings Llc Series Four -- None Available
Sainson Stephen R -- None Available
Sainson Stephen R $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 04M Holdings Llc Series Four $421,093
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $140,000 +3.7% $71 / Sq Ft
01/20/2019 01/20/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $135,000 -- $68 / 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 $2,011 $47,100 $8,600 $38,500
2023 $1,955 $47,100 $8,600 $38,500
2022 $1,951 $47,100 $8,600 $38,500
2021 $1,910 $47,100 $8,600 $38,500
2020 $0 $47,100 $8,600 $38,500
2019 $1,786 $47,100 $8,600 $38,500
2018 $126 $47,100 $8,600 $38,500
2017 $1,541 $47,100 $8,600 $38,500
2016 $1,541 $47,100 $8,600 $38,500
2015 $1,405 $47,100 $8,600 $38,500
2014 $1,404 $47,100 $8,600 $38,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC318142

Bright MLS

APN: 11-003.10-012