55 New London Ave Newark, DE 19711
Estimated payment $35,393/month
About This Home
INVESTOR ALERT! Here's a chance to own a portfolio of 10 properties that have performed consistently over 20+ years. This listing is part of a ten-property portfolio diversified across 3 categories: (6) College Rentals in excellent locations, (3) very high yield rooming houses and (1) Government Guaranteed rent, Section 8 housing with approx. 5 year long tenants. With the signed NDA and proof of funds Seller will show the property and give more information.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $828
Year Built
- Built in 1920
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 25.40 x 192.10
Parking
- Off-Street Parking
Home Design
- Brick Foundation
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 975 Sq Ft Home
- Property has 3 Levels
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Newark Subdivision
Listing and Financial Details
- Tax Lot 340
- Assessor Parcel Number 18-019.00-340
Map
Home Values in the Area
Average Home Value in this Area
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 | $674 | $18,200 | $3,200 | $15,000 |
| 2023 | $658 | $18,200 | $3,200 | $15,000 |
| 2022 | $651 | $18,200 | $3,200 | $15,000 |
| 2021 | $634 | $18,200 | $3,200 | $15,000 |
| 2020 | $616 | $18,200 | $3,200 | $15,000 |
| 2019 | $634 | $18,200 | $3,200 | $15,000 |
| 2018 | $528 | $18,200 | $3,200 | $15,000 |
| 2017 | $512 | $18,200 | $3,200 | $15,000 |
| 2016 | $511 | $18,200 | $3,200 | $15,000 |
| 2015 | -- | $18,200 | $3,200 | $15,000 |
| 2014 | $457 | $18,200 | $3,200 | $15,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2024 03/28/24 | For Sale | $6,630,000 | -- | $6,800 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $80,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | Credit Line Revolving |
Source: Bright MLS
MLS Number: DENC2058646
APN: 18-019.00-340
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