Seller's Agent in 2017
Robert Miller
Luke Real Estate
(302) 656-0251
3 in this area
107 Total Sales
56 E Cherokee Dr Newark, DE 19713
Estimated Value: $354,000 - $407,000
4
Beds
2
Baths
1,900
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Eat-In Kitchen
- Forced Air Heating and Cooling System
- No HOA
- Living Room
- Dining Room
About This Home
As of June 2017Excellent opportunity to own an expanded split level that offers a true in-law-suite. The in-law addition features it's own separate entrance, living area, bedroom, kitchen, and full bath. The home also, offers a ton of living space on top of the great addition. The main level offers a living/dining room combination, eat-in kitchen with tons of cabinets and lower level family room. The upper level includes a hall bath and three nice size bedrooms. Other notable features include: pull down steps for storage, fenced rear yard, deck, and huge shed. The home is in need of some work. Those willing to take it on will benefit in the end.
Last Agent to Sell the Property
(302) 656-0251 bob@hometopic.com Luke Real Estate License #RB-0020438 Listed on: 04/04/2017
Last Buyer's Agent
(302) 420-9333 leroy@leroyjgaines.com Property Gaines, Inc License #RB-0031302
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,003
Year Built
- Built in 1965
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 84x141
- Property is zoned NC6.5
Parking
- Driveway
Home Design
- Colonial Architecture
- Split Level Home
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 1,900 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Partial Basement
- Eat-In Kitchen
- Laundry on main level
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Cherokee Woods Subdivision
Listing and Financial Details
- Tax Lot 439
- Assessor Parcel Number 09-022.30-439
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2017
Closed on
May 31, 2017
Sold by
U S Bank National Association
Bought by
Garcia Gabriel Hernandez
Seller's Agent
Robert Miller
Luke Real Estate
Buyer's Agent
Leroy J Gaines
Property Gaines, Inc
List Price
$189,900
Sold Price
$198,000
Premium/Discount to List
$8,100
4.27%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,567
Avg. Annual Appreciation
7.79%
Original Mortgage
$194,413
Outstanding Balance
$160,501
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$216,066
Purchase Details
Closed on
Mar 27, 2017
Sold by
Alvarez Raymond A and Alvarez Mary K
Bought by
U S Bank National Association and Rmac Trust 2016
Purchase Details
Closed on
May 27, 2008
Sold by
Alvarez Raymond A and Alvarez Michelle L
Bought by
Alvarez Raymond A and Alvarez Mary K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
5.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 13, 2006
Sold by
Alvarez Raymond A and Garvey Michelle Lee
Bought by
Alvarez Raymond A and Alvarez Michelle Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.75%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garcia Gabriel Hernandez | $198,000 | None Available | |
| U S Bank National Association | $197,355 | None Available | |
| Alvarez Raymond A | -- | None Available | |
| Alvarez Raymond A | -- | Global Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garcia Gabriel Hernandez | $194,413 | |
| Previous Owner | Alvarez Raymond A | $221,000 | |
| Previous Owner | Alvarez Raymond A | $192,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/13/2017 06/13/17 | Sold | $198,000 | +4.3% | $104 / Sq Ft |
| 04/17/2017 04/17/17 | Pending | -- | -- | -- |
| 04/04/2017 04/04/17 | For Sale | $189,900 | -- | $100 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,615 | $61,400 | $11,400 | $50,000 |
| 2023 | $2,543 | $61,400 | $11,400 | $50,000 |
| 2022 | $2,537 | $61,400 | $11,400 | $50,000 |
| 2021 | $2,483 | $61,400 | $11,400 | $50,000 |
| 2020 | $2,419 | $61,400 | $11,400 | $50,000 |
| 2019 | $3,263 | $61,400 | $11,400 | $50,000 |
| 2018 | $2,082 | $61,400 | $11,400 | $50,000 |
| 2017 | $2,008 | $61,400 | $11,400 | $50,000 |
| 2016 | $636 | $61,400 | $11,400 | $50,000 |
| 2015 | $591 | $61,400 | $11,400 | $50,000 |
| 2014 | $591 | $61,400 | $11,400 | $50,000 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Miller
-
Leroy J Gaines
Buyer's Agent in 2017
Leroy J Gaines
Property Gaines, Inc
(302) 420-9333
1 in this area
102 Total Sales
Map
Source: Bright MLS
MLS Number: 1000062902
APN: 09-022.30-439
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