NOT LISTED FOR SALE

509 Capitol Trail Newark, DE 19711

Newark Area

Estimated Value: $424,764

1.02 Acres
$416,435 Price per Acre
44,431 Sq Ft Lot

Sale Details

Date Sold: March 30, 2021

Last sale price $150,000

Est. 183% increase in value since last sale

Current estimated payment $2,409 / mo

247 Days on Market

Highlights

  • 1.02 Acre Lot
  • Stream or River on Lot
  • No HOA

About This Lot

As of March 2021

This is a rare find in Newark, DE. Large lot located in the City of Newark. Located across from Windy Hills, this lot is full of undisturbed vegetation and sloping land near a stream. This property is zoned for residential use. Conveniently located in the City of Newark, and just steps away from a 3.6 Mile Walking Trail. Close to University of Delaware and More! Schedule your tour Today!

Last Agent to Sell the Property

Donald Odom

(302) 322-9500 donodom@emoryhill.com EMORY HILL REAL ESTATE SERVICES INC. Listed on: 02/28/2019

Last Buyer's Agent

Donald Odom

(302) 322-9500 donodom@emoryhill.com EMORY HILL REAL ESTATE SERVICES INC. Listed on: 02/28/2019

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $516

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 100.00 x 479.20
  • Sloped Lot
  • Property is zoned 18OFD

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 18-010.00-003

Community Details

Overview

  • No Home Owners Association

Recreation

  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$516

Lot Details

1.02 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Exclusions: See Disclosure
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 3.38

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: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Sloping, Stream/Creek
  • Lot Size Acres: 1.02
  • Lot Dimensions: 100.00 x 479.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44431.00
  • Zoning: 18OFD
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2368482
  • School Tax: 386.00
  • Tax Annual Amount: 516.00
  • Assessor Parcel Number: 18-010.00-003
  • Tax Lot: 003
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Federal Flood Zone: 18OFD

MLS Schools

  • School District Name: CHRISTINA

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2022
Sold by
Bought by
Current Estimated Value
$424,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,500
Outstanding Balance
$315,097
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$109,667

Purchase Details

Listed on
Feb 28, 2019
Closed on
Mar 31, 2021
Sold by
Bought by
Seller's Agent
Donald Odom
EMORY HILL REAL ESTATE SERVICES INC.
Buyer's Agent
Donald Odom
EMORY HILL REAL ESTATE SERVICES INC.
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.48%
Original Mortgage
$245,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Newark, DE

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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
-- Ward & Taylor Llc
-- 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 $343,500
Previous Owner $245,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $150,000 0.0% --
11/02/2019 11/02/19 Pending -- -- --
06/21/2019 06/21/19 Price Changed $150,000 -16.7% --
04/26/2019 04/26/19 Price Changed $180,000 -5.3% --
04/03/2019 04/03/19 Price Changed $190,000 -5.0% --
02/28/2019 02/28/19 For Sale $200,000 -- --
Source: Bright MLS

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 $1,846 $263,800 $143,200 $120,600
2024 $758 $71,800 $20,900 $50,900
2023 $2,596 $71,800 $20,900 $50,900
2022 $2,569 $71,800 $20,900 $50,900
2021 $2,503 $71,800 $20,900 $50,900
2020 $2,431 $71,800 $20,900 $50,900
2019 $2,131 $71,800 $20,900 $50,900
2018 $11,110 $71,800 $20,900 $50,900
2017 $556 $71,800 $20,900 $50,900
2016 $2,014 $71,800 $20,900 $50,900
2015 $1,805 $71,800 $20,900 $50,900
2014 $1,805 $71,800 $20,900 $50,900
Source: Public Records

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Map

Source: Bright MLS

MLS Number: DENC416818

Bright MLS

APN: 18-010.00-002

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