$540,000
COMING SOON JUL 06, 2026

5 Terry Ln Newark, DE 19711

Estimated payment $3,200/month

4 Beds
2 Baths
1,175 Sq Ft
7,841 Sq Ft Lot

Highlights

  • Rambler Architecture
  • Cul-De-Sac
  • Shed
  • No HOA
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

STUDENT RENTAL - 4 bed, 2 full bath single-family home, 1,176 SF, built 1955, on 0.18 acres. Currently leased at $3,500/month, 100% occupied. Part of an 8-property student rental portfolio near University of Delaware.

Listing Agent

Mark Trani

(610) 359-1100 jmcmahon@zmcre.com Zommick McMahon Commercial Real Estate Brokerage Phone: 6103591100

Co-Listing Agent

Ryan McMahon

(610) 359-1100 jmcmahon@zmcre.com Zommick McMahon Commercial Real Estate Brokerage Phone: 6103591100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,398

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Cul-De-Sac
  • Sloped Lot
  • Back and Front Yard
  • Property is zoned 18RD

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,175 Sq Ft Home
  • Property has 1 Level
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Shed

Schools

  • Downes Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Terry Manor Subdivision

Listing and Financial Details

  • Coming Soon on 7/6/26
  • Tax Lot 079
  • Assessor Parcel Number 1801300079

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,398

Year Built

Built in 1955

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 7/6/2026 12:00:00 AM
  • Year Built: 1955
  • Special Features: ComingSoon
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1175
  • Living Area Sq Ft: 1175
  • Price Per Sq Ft: 459.57
  • Above Grade Finished Sq Ft: 1175
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • 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

  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Lot Features: Cul-De-Sac, Front Yard, Rear Yard, Sloping
  • Lot Size Acres: 0.18
  • Lot Dimensions: 60 X 120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Zoning: 18RD
  • In City Limits: No

Rental Info

  • Total Actual Rent: 42500.00
  • Vacation Rental: No

Tax Info

  • School Tax: 2550.00
  • Tax Annual Amount: 3398.00
  • Assessor Parcel Number: 1801300079
  • Tax Lot: 079
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: CHRISTINA

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 -- $301,100 $75,700 $225,400
2024 $434 $41,100 $7,000 $34,100
2023 $1,486 $41,100 $7,000 $34,100
2022 $1,470 $41,100 $7,000 $34,100
2021 $1,433 $41,100 $7,000 $34,100
2020 $1,391 $41,100 $7,000 $34,100
2019 $1,431 $41,100 $7,000 $34,100
2018 $6,358 $41,100 $7,000 $34,100
2017 $318 $41,100 $7,000 $34,100
2016 $1,153 $41,100 $7,000 $34,100
2015 $1,033 $41,100 $7,000 $34,100
2014 $1,033 $41,100 $7,000 $34,100
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Available
Deed $220,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $157,500 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: DENC2106236

Bright MLS

APN: 18-013.00-079

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