NOT LISTED FOR SALE

505 S Gerald Dr Newark, DE 19713

Estimated Value: $304,000 - $313,689

3 Beds
1 Bath
1,200 Sq Ft
$257/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2015

Last sale price $167,500 $140 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,864 / mo

293 Days on Market

Highlights

  • Rambler Architecture
  • Corner Lot
  • Living Room
  • 1 Fireplace
  • No HOA
  • Shed

About This Home

As of October 2015

PRICE REDUCTION. MOTIVATED SELLER WILL CONSIDER ALL REASONABLE OFFERS. Updates include new carpet throughout, and fresh paint. This beautiful ranch home sits on a large corner lot, within convenient driving distance from interstate 95. Home is move-in ready, featuring 3 bedrooms, updated kitchen, renovated bathroom with ceramic tile floor and tub surround, family room with gas fireplace, large shed in backyard, and enough space to park 4 cars comfortably in the drive-way. There is also a workshop located off the back patio. The heated utility room/laundry room is reached by entering the mud room, which is off the kitchen. Put this one on your tour today!

Last Agent to Sell the Property

Flossie Pinson

(302) 453-3200 flossie.pinson@gmail.com RE/MAX Associates - Newark License #RS-0018427 Listed on: 11/15/2014

RE/MAX Associates - Newark

Last Buyer's Agent

Timothy Lukk

(484) 800-1777 operations@vrarealty.com VRA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 1957

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 86x91
  • Corner Lot
  • Property is zoned NC6.5

Parking

  • 3 Open Parking Spaces

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Birchwood Park Subdivision

Listing and Financial Details

  • Tax Lot 208
  • Assessor Parcel Number 09-029.10-208

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,150

Year Built

Built in 1957

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
  • Year Built: 1957
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Net Sq Ft: 1200.00
  • Price Per Sq Ft: 137.50
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 31400.00
  • Land Assessed Value: 7300.00
  • Lot Features: Corner
  • Lot Size Acres: 0.18
  • Lot Dimensions: 86X91
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Zoning: NC6.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2299542
  • Tax Annual Amount: 1150.00
  • Assessor Parcel Number: 09-029.10-208
  • Tax Lot: 208
  • Tax Year: 2014

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2014
Closed on
Oct 16, 2015
Sold by
Midgette Donna J
Bought by
Howell Barbara S
Seller's Agent
Flossie Pinson
RE/MAX Associates - Newark
Buyer's Agent
Timothy Lukk
VRA Realty
List Price
$167,500
Sold Price
$167,500
Current Estimated Value
$307,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,422
Avg. Annual Appreciation
5.90%
Original Mortgage
$164,465
Outstanding Balance
$128,912
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$179,010
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

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 Buyer Sale Price Title Company
Howell Barbara S $167,500 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 Borrower Loan Amount
Open Howell Barbara S $164,465
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2015 10/16/15 Sold $167,500 +1.5% $140 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/19/2015 08/19/15 Price Changed $165,000 -1.5% $138 / Sq Ft
08/17/2015 08/17/15 For Sale $167,500 0.0% $140 / Sq Ft
08/16/2015 08/16/15 Off Market $167,500 -- --
07/07/2015 07/07/15 Price Changed $167,500 -4.2% $140 / Sq Ft
05/21/2015 05/21/15 Price Changed $174,900 -2.8% $146 / Sq Ft
12/11/2014 12/11/14 Price Changed $179,900 -2.7% $150 / Sq Ft
11/15/2014 11/15/14 For Sale $184,900 -- $154 / 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
2025 $2,362 $290,200 $60,100 $230,100
2024 $1,648 $38,700 $7,300 $31,400
2023 $1,603 $38,700 $7,300 $31,400
2022 $1,599 $38,700 $7,300 $31,400
2021 $1,565 $38,700 $7,300 $31,400
2020 $1,525 $38,700 $7,300 $31,400
2019 $1,476 $38,700 $7,300 $31,400
2018 $1,312 $38,700 $7,300 $31,400
2017 $1,266 $38,700 $7,300 $31,400
2016 $1,262 $38,700 $7,300 $31,400
2015 $1,150 $38,700 $7,300 $31,400
2014 $1,150 $38,700 $7,300 $31,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003155160

Bright MLS

APN: 09-029.10-208

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