NOT LISTED FOR SALE

511 Cherry St New Castle, DE 19720

Estimated Value: $241,000 - $272,000

2 Beds
1 Bath
1,025 Sq Ft
$252/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $235,000 $229 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,417/month

2 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • Wood Flooring
  • Patio
  • 4-minute walk to First State National Historical Park

About This Home

As of March 2023

Must see townhome in the sought after area of Old New Castle. Looking for a home with Colonial Charm this is it. Upon entering you are greeted with hardwood floors and exposed brick walls in the living room. Just off the living room is the dining room with the same feeling with the exposed bricks. Through the dining room is the updated kitchen with natural light and updated appliances. Upstairs you will find two nice sized bedrooms. Off the master is the renovated bath. Enjoy nights out in the fenced yard with friends and family. The home has a full basement which offers plenty of space for storage. Walking distance from everything this Old New Castle has to offer including the Jack Markell bike trail, Battery Park, and all the popular dining and nightlife in this area including Jessop’s Tavern, Nora Lees, David Finney Inn, Booth House Tavern.. and so much more! Walk to everything and live your best life here in the heart of historic Old New Castle.
Updates to the home include: Roof (2022) only a few months old, Kitchen (2020), Bathroom (2020), Washer/Dryer (2020), Some plumbing (2020) Be sure to schedule a showing today!

Last Agent to Sell the Property

Kristin Plummer

(302) 250-2013 kplummer.1ststateproperties@gmail.com Crown Homes Real Estate License #RS352368 Listed on: 02/18/2023

Co-Listed By

Chad Mitchell

(302) 463-3243 cmitchellhomes@gmail.com Crown Homes Real Estate License #RS-0019903

Last Buyer's Agent

Benjamin White

(302) 740-9698 benjamin.white@compass.com Compass License #RS0037498

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,095

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 14.10 x 95.00
  • Privacy Fence
  • Back Yard

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,025 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Public Parking
  • Free Parking
  • Parking Lot

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Downie Elementary School
  • Mccullough Middle School
  • William Penn High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 150 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Old New Castle Subdivision

Listing and Financial Details

  • Tax Lot 051
  • Assessor Parcel Number 21-015.10-051

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,095

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Inclusions/Exclusions Sheet
  • Historic: No
  • Inclusions: See Inclusions/Exclusions Sheet
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-02-18
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Basement Footprint Percent: 100.00
  • Laundry Type: Basement
  • Total Sq Ft: 1025
  • Living Area Sq Ft: 1025
  • Price Per Sq Ft: 234.15
  • Above Grade Finished Sq Ft: 1025
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Public
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 150 Amps, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: DOWNIE
  • High School: WILLIAM PENN
  • Middle Or Junior School: MCCULLOUGH

Lot Info

  • Fencing: Privacy
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.03
  • Lot Dimensions: 14.10 x 95.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: 21R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 660.00
  • Tax Annual Amount: 1095.00
  • Assessor Parcel Number: 21-015.10-051
  • Tax Lot: 051
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 2, 2023
Sold by
Heath Abigail E
Bought by
Cole Reece and Cole Mellissa Reece
Seller's Agent
Kristin Plummer
Crown Homes Real Estate
Buyer's Agent
Benjamin White
Compass
List Price
$210,000
Sold Price
$235,000
Premium/Discount to List
$25,000
11.9%
Views
45
Current Estimated Value
$258,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,197
Avg. Annual Appreciation
3.42%
Original Mortgage
$230,743
Outstanding Balance
$223,486
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$34,711

Purchase Details

Listed on
Apr 24, 2020
Closed on
May 29, 2020
Sold by
Broomall Michael T
Bought by
Heath Abigail E and Storm Elizabeth K
Seller's Agent
Jason Duncan
Foraker Realty Co.
Buyer's Agent
Ashley Simmons
Crown Homes Real Estate
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$174,600
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2008
Sold by
Kasun Victor N and Kasun Paula C
Bought by
Broomall Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,994
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cole Reece -- --
Heath Abigail E -- None Available
Broomall Michael T $167,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Reece $230,743
Previous Owner Heath Abigail E $174,600
Previous Owner Broomall Michael T $165,994
Closed Cole Reece $6,922
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2023 03/20/23 Sold $235,000 -2.1% $229 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/20/2023 02/20/23 Price Changed $240,000 +14.3% $234 / Sq Ft
02/18/2023 02/18/23 For Sale $210,000 +16.7% $205 / Sq Ft
05/29/2020 05/29/20 Sold $180,000 -2.7% $176 / Sq Ft View Prior Sale
04/27/2020 04/27/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $185,000 -- $180 / 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 $807 $28,100 $3,900 $24,200
2023 $729 $28,100 $3,900 $24,200
2022 $758 $28,100 $3,900 $24,200
2021 $747 $28,100 $3,900 $24,200
2020 $754 $28,100 $3,900 $24,200
2019 $862 $28,100 $3,900 $24,200
2018 $92 $28,100 $3,900 $24,200
2017 $607 $28,100 $3,900 $24,200
2016 $607 $28,100 $3,900 $24,200
2015 $608 $28,100 $3,900 $24,200
2014 $608 $28,100 $3,900 $24,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2038336

Bright MLS

APN: 21-015.10-051