NOT LISTED FOR SALE

50 Richards Ln Newark, DE 19711

Estimated Value: $274,000 - $303,000

4.26 Acres
$67,723 Price per Acre
185,566 Sq Ft Lot

Last Sold September 24, 2012

Last sale price $140,000

Est. 106% increase in value since last sale

Current estimated payment $1,658/month

495 Days on Market

About This Lot

As of September 2012

Great secluded property zoned NC 21 (1/2 acre lots) in Covered Bridge Farms Ready for your dream home or sub divide to make substantial gain on your investment. Land is high and dry with soil samples completed.

Last Agent to Sell the Property

Derek Eisenberg

(877) 996-5728 PropertyInquiry@ContinentalRealEstate.com Continental Real Estate Group License #611425 Listed on: 03/18/2011

Last Buyer's Agent

Marilyn Green

(302) 477-3900 john@johnwford.com RE/MAX Associates-Wilmington License #R1-0001374

RE/MAX Associates-Wilmington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $996

Lot Details

  • 4.26 Acre Lot
  • Property is zoned NC21

Utilities

  • Underground Utilities
  • Well
  • Approved Septic System
  • On Site Septic
  • Perc Approved Septic

Community Details

  • No Home Owners Association
  • Covered Bridge Farms Subdivision

Listing and Financial Details

  • Tax Lot 092
  • Assessor Parcel Number 09-007.20-092

Property Details

Property Type

Land

Est. Annual Taxes

$996

Lot Details

4.26 Acres

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 0.79

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Approved System, Perc Approved Septic, On Site Septic
  • Utilities: Under Ground
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 4.26
  • Lot Dimensions: 0X0, LotWidth:0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 185566.00
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4675028
  • Tax Annual Amount: 996.00
  • Assessor Parcel Number: 09-007.20-092
  • Tax Lot: 092
  • Tax Year: 2010

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2011
Closed on
Sep 20, 2012
Sold by
Jpm Holdings Llc
Bought by
Benefield Casey and Benefield Shannon
Seller's Agent
Derek Eisenberg
Continental Real Estate Group
Buyer's Agent
Marilyn Green
RE/MAX Associates-Wilmington
List Price
$169,000
Sold Price
$140,000
Premium/Discount to List
-$29,000
-17.16%
Current Estimated Value
$288,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,500
Avg. Annual Appreciation
5.50%
Original Mortgage
$50,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2009
Sold by
Miller Jason
Bought by
J P M Holdings Llc

Purchase Details

Closed on
Dec 13, 2004
Sold by
Richards Violet G
Bought by
Miller Jason
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Benefield Casey $140,000 None Available
J P M Holdings Llc -- None Available
Miller Jason $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Benefield Casey $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2012 09/24/12 Sold $140,000 -17.2% --
07/25/2012 07/25/12 Pending -- -- --
03/18/2011 03/18/11 For Sale $169,000 -- --
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 $1,682 $39,500 $39,500 --
2023 $1,636 $39,500 $39,500 $0
2022 $1,632 $39,500 $39,500 $0
2021 $1,598 $39,500 $39,500 $0
2020 $1,556 $39,500 $39,500 $0
2019 $1,375 $39,500 $39,500 $0
2018 $1,339 $39,500 $39,500 $0
2017 $1,292 $39,500 $39,500 $0
2016 $1,288 $39,500 $39,500 $0
2015 $1,174 $39,500 $39,500 $0
2014 $1,173 $39,500 $39,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004323766

Bright MLS

APN: 09-007.20-092

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