$128,000
SOLD OCT 6, 2017

503 Blacksmith Ln Newark, DE 19702

Bear Neighborhood
3 Beds
2.5 Baths
1,550 Sq Ft
$5/mo HOA Fee

Recently Sold

$83 Per Sq Ft

12% Below List Price

7 Days on Market

Highlights

  • Deck
  • Attic
  • 1 Car Attached Garage
  • Traditional Architecture
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of January 2018

Great opportunity for a buy-and-hold investor or for an owner occupant using a fix-up loan. The property has lots of potential but needs some repairs and some updates. Located conveniently just off Old Baltimore Pike, this 2-story brick front townhome with 1-car garage and finished basement features a kitchen with bay window and pass-through to the dining room, living room with wood-burning fireplace and access to the deck, main floor powder room, en-suite master bedroom with two large closets, plus two secondary bedrooms. Property being sold "as is". Inspections for informational purposes only.

Last Agent to Sell the Property

Monica Hill

RE/MAX Associates-Wilmington License #RS347136 Listed on: 09/09/2017

RE/MAX Associates-Wilmington

Last Buyer's Agent

mike buglio

Weichert Realtors Cornerstone License #RS-0024630

Weichert Realtors Cornerstone

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 1993

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 18x127
  • Property is in below average condition

HOA Fees

  • $5 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,550 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 244
  • Assessor Parcel Number 09-038.10-244

Community Details

Overview

  • Christiana Green Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,775

Year Built

Built in 1993

Lot Details

0

HOA Fees

$5 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: All Items In The Property At Time Of Contract
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1993
  • Remarks Public: Great opportunity for a buy-and-hold investor or for an owner occupant using a fix-up loan. The property has lots of potential but needs some repairs and some updates. Located conveniently just off Old Baltimore Pike, this 2-story brick front townhome with 1-car garage and finished basement features a kitchen with bay window and pass-through to the dining room, living room with wood-burning fireplace and access to the deck, main floor powder room, en-suite master bedroom with two large closets, plus two secondary bedrooms. Property being sold "as is". Inspections for informational purposes only.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1550
  • Living Area Sq Ft: 1550
  • Net Sq Ft: 1550.00
  • Price Per Sq Ft: 93.55
  • Above Grade Finished Sq Ft: 1550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Access To Pool: No
  • Roof: Pitched, 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: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 65.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 46600.00
  • Land Assessed Value: 7800.00
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Dimensions: 18X127
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: Yes
  • Property Condition: Below Average
  • Zoning: NCPUD

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2303291
  • Tax Annual Amount: 1775.00
  • Assessor Parcel Number: 09-038.10-244
  • Tax Lot: 244
  • Tax Year: 2016
  • Close Date: 10/06/2017

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2017
Closed on
Jan 31, 2018
Sold by
B & B Homes Inc
Bought by
Muhammad Thompson Najiwa I
Seller's Agent
mike buglio
Weichert Realtors Cornerstone
Buyer's Agent
Samuel Barksdale
Barksdale & Affiliates Realty
List Price
$209,900
Sold Price
$209,900
Total Days on Market
7
Current Estimated Value
$318,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,945
Avg. Annual Appreciation
5.30%
Original Mortgage
$206,097
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 9, 2017
Closed on
Oct 6, 2017
Sold by
Ppj Properties Llc
Bought by
B And B Homes Inc
Seller's Agent
Monica Hill
RE/MAX Associates-Wilmington
Buyer's Agent
mike buglio
Weichert Realtors Cornerstone
List Price
$145,000
Sold Price
$128,000
Premium/Discount to List
-$17,000
-11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
369.09%
Original Mortgage
$130,000
Interest Rate
3.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 23, 2005
Sold by
James Phyllis P
Bought by
Ppj Properties Llc

Purchase Details

Closed on
Dec 6, 2004
Sold by
Burris Paul and Burris Yenny
Bought by
James Phyllis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,350
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2001
Sold by
Severson James R and Severson Tracy H
Bought by
Burris Paul and Burris Yenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.14%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $209,900 None Available
Deed -- None Available
Deed -- --
Deed $181,500 --
Deed $63,750 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 New Conventional
Closed $206,097 FHA
Previous Owner $130,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $163,350 Purchase Money Mortgage
Previous Owner $127,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $209,900 0.0% $135 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $209,900 +64.0% $135 / Sq Ft
10/06/2017 10/06/17 Sold $128,000 -11.7% $83 / Sq Ft
09/16/2017 09/16/17 Pending -- -- --
09/09/2017 09/09/17 For Sale $145,000 -- $94 / 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 $2,391 $54,400 $7,800 $46,600
2023 $2,328 $54,400 $7,800 $46,600
2022 $2,312 $54,400 $7,800 $46,600
2021 $2,263 $54,400 $7,800 $46,600
2020 $2,200 $54,400 $7,800 $46,600
2019 $2,015 $54,400 $7,800 $46,600
2018 $1,908 $54,400 $7,800 $46,600
2017 $1,842 $54,400 $7,800 $46,600
2016 $1,828 $54,400 $7,800 $46,600
2015 $1,671 $54,400 $7,800 $46,600
2014 $1,672 $54,400 $7,800 $46,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000328487

Bright MLS

APN: 09-038.10-244