NOT LISTED FOR SALE

523 Cherry St New Castle, DE 19720

Estimated Value: $237,000 - $288,000

3 Beds
1 Bath
1,100 Sq Ft
$238/Sq Ft Est. Value

Last Sold January 17, 2025

Last sale price $274,900 $250 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,460/month

28 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Attic
  • 4-minute walk to First State National Historical Park

About This Home

As of January 2025

Welcome to your new home in the delightful Old New Castle, just blocks from the scenic waterfront at Battery Park! As you turn onto Cherry Street, you’ll immediately feel at ease on this cozy, tree-lined street with only a handful of town homes. Step into the spacious living room, featuring stunning hardwood floors that flow seamlessly throughout the home. Just beyond, you'll discover a dining area perfect for hosting dinners with family and friends. The renovated galley kitchen offers stainless steel appliances, a gas range with an overhead hood ideal for chef-inspired cooking, elegant stone counter tops, a refreshed farmhouse-style double sink, and beautifully crafted tile flooring. On the upper floor, where the hardwood floors continue, you'll find a generous sized primary bedroom, two additional bedrooms, and a beautifully renovated bathroom featuring a walk-in tile shower. The upper level also includes convenient laundry with a stackable washer and dryer. The basement features a poured concrete floor and a newly installed sump pump, making it ideal for dry storage. The fully fenced backyard, complete with a sitting area and charming patio, is perfect for pets or outdoor BBQ gatherings. You’re conveniently within walking distance of museums, restaurants, shops, and more. The vibrant life of Old New Castle offers endless excitement with events happening year-round. Listed below appraised value! Schedule your private tour today and make this your home for the holidays!

Last Agent to Sell the Property

Kara Chapman

(717) 437-0772 kchomes.remax@gmail.com Remax Vision License #RS-0037184 Listed on: 11/23/2024

Remax Vision

Last Buyer's Agent

Robert 'Bob' Blackhurst

(302) 723-3770 blackhurstrealestate@gmail.com Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,485

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 14.00 x 116.00
  • Property is Fully Fenced
  • Property is in excellent condition

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Copper Plumbing
  • CPVC or PVC Pipes
  • Asphalt

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Wood Flooring
  • Attic

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump

Parking

  • Free Parking
  • Parking Lot

Outdoor Features

  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 045
  • Assessor Parcel Number 21-015.10-045

Community Details

Overview

  • No Home Owners Association
  • Old New Castle Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,485

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: All Personal Property
  • Inclusions: All appliances
  • New Construction: No
  • Story List: Upper 1
  • Expected On Market: 2024-11-23
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Refrigerator, Washer, Water Heater, Oven/Range - Gas, Dryer, Range Hood, Stainless Steel Appliances
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Dining Area, Upgraded Countertops, Bathroom - Walk-In Shower, Ceiling Fan(s), Kitchen - Galley, Recessed Lighting, Walk-In Closet(s), Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement, Laundry, Bathroom 1
  • Basement: Yes
  • Basement Type: Unfinished, Sump Pump, Interior Access
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 249.91
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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: Brick, Asphalt, Copper Plumbing, Cpvc/Pvc
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Fencing: Fully
  • Lot Size Acres: 0.04
  • Lot Dimensions: 14.00 x 116.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Zoning: 21R-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 894.00
  • Tax Annual Amount: 1485.00
  • Assessor Parcel Number: 21-015.10-045
  • Tax Lot: 045
  • 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
Nov 23, 2024
Closed on
Jan 17, 2025
Sold by
Carrasquillo Olivia and Bellon Olivia
Bought by
Cicali Kevin and Kennedy Marygrace
Seller's Agent
Kara Chapman
Remax Vision
Buyer's Agent
Robert 'Bob' Blackhurst
Compass
List Price
$279,900
Sold Price
$274,900
Premium/Discount to List
-$5,000
-1.79%
Views
89
Current Estimated Value
$262,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,787
Avg. Annual Appreciation
-4.84%
Original Mortgage
$7,999
Outstanding Balance
$7,941
Interest Rate
6.6%
Estimated Equity
$254,172

Purchase Details

Listed on
Nov 8, 2019
Closed on
Jan 31, 2020
Sold by
Washington Fine Cleo Simmons
Bought by
Bellon Olivia and Carrasquillo Brandon
Seller's Agent
Marianne Caven
Patterson-Schwartz - Greenville
Buyer's Agent
Marianne Caven
Patterson-Schwartz - Greenville
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$147,283
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 18, 2016
Closed on
Apr 11, 2017
Sold by
Hopkins Joanne M
Bought by
Simmons Washington Fine Cleo
Seller's Agent
Marianne Caven
Patterson-Schwartz - Greenville
Buyer's Agent
Marianne Caven
Patterson-Schwartz - Greenville
List Price
$105,900
Sold Price
$97,000
Premium/Discount to List
-$8,900
-8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.78%
Original Mortgage
$132,402
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 1997
Bought by
Hopkins John W and Hopkins Joanne M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Cicali Kevin $219,920 None Listed On Document
Bellon Olivia $150,000 None Available
Simmons Washington Fine Cleo $97,000 None Available
Hopkins John W $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cicali Kevin $7,999
Open Cicali Kevin $266,653
Previous Owner Bellon Olivia $147,283
Previous Owner Simmons Washington Fine Cleo $132,402
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2025 01/17/25 Sold $274,900 0.0% $250 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
12/21/2024 12/21/24 Off Market $274,900 -- --
12/11/2024 12/11/24 Price Changed $274,900 -1.8% $250 / Sq Ft
11/23/2024 11/23/24 For Sale $279,900 +86.6% $254 / Sq Ft
01/31/2020 01/31/20 Sold $150,000 -3.2% $99 / Sq Ft View Prior Sale
12/27/2019 12/27/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $154,900 +59.7% $102 / Sq Ft
04/11/2017 04/11/17 Sold $97,000 -8.4% $88 / Sq Ft View Prior Sale
01/23/2017 01/23/17 Pending -- -- --
11/18/2016 11/18/16 For Sale $105,900 -- $96 / 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 $1,094 $38,100 $4,700 $33,400
2023 $989 $38,100 $4,700 $33,400
2022 $1,027 $38,100 $4,700 $33,400
2021 $1,012 $38,100 $4,700 $33,400
2020 $1,023 $38,100 $4,700 $33,400
2019 $1,176 $38,100 $4,700 $33,400
2018 $252 $38,100 $4,700 $33,400
2017 $824 $38,100 $4,700 $33,400
2016 $824 $38,100 $4,700 $33,400
2015 $824 $38,100 $4,700 $33,400
2014 $824 $38,100 $4,700 $33,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2069756

Bright MLS

APN: 21-015.10-045