NOT LISTED FOR SALE

56 Welsh Tract Rd Unit 103 Newark, DE 19713

Southern Newark Neighborhood

Estimated Value: $171,000 - $207,000

2 Beds
1 Bath
1,070 Sq Ft
$342/mo HOA Fee

Last Sold May 15, 2024

Last sale price $209,000 $195 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,554/month

35 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • 1 Elevator
  • Upgraded Countertops
  • Breakfast Area or Nook
  • Stainless Steel Appliances

About This Home

As of May 2024

Welcome home to easy comfortable living at Villa Belmont Condominiums! This move-in ready unit has been beautifully renovated and well maintained. Upon entering the home directly to the left notice the completely renovated (never used) kitchen that features brand new white soft-close cabinets with plenty of storage space, beautiful white quartz countertops, extra wide stainless steel sink, brand new LG Stainless Steel energy efficient appliance package consisting of a large refrigerator, dishwasher, built-in microwave and smooth surface electric range. In the kitchen there is an open dining area with overhead adjustable LED color lighting as well as in the dining room area a stylish Edison pendant light. The spacious living room features all new luxury plank laminate flooring leading to your three-season enclosed room which has interchangeable screens and windows for a beautiful view of the community’s park-like setting. The primary bathroom was just renovated including the bathtub/shower, toilet, Kohler vanity, LED lighting as well with a stylish mirror/cabinet. The primary and second bedrooms have new freshly upgraded carpeting with large walk-in and double closets. Villa Belmont features maintenance free living within its beautifully landscaped and treed grounds in a relaxed atmosphere. The Condo. Association provides a rubbish/recycling disposal room, first floor laundry room with coin-operated washers/dryers just a few doors down from the unit and a storage area for each building. The monthly condo. fee covers trash, snow removal, use of the Olympic size swimming pool and picnic area, basic Comcast TV cable service, sewer and common area maintenance. Villa Belmont has plenty of parking including handicap accessible spaces. In the main lobby there is an owner keyed security entrance door with an intercom system plus there are individual mailboxes. The condominium is less than a mile way from Bloom Energy, the UD new Health Sciences Building and UD Stadium. The condo. is a short walk to Folk County Park where you can enjoy using the walking/running track, tennis courts, baseball diamond and a basketball court. The condo. also has an on-site stop the free Newark Unicity Bus. Schedule your showing today of this beautiful newly renovated first floor condominium then pack your bags and move right in!

Last Agent to Sell the Property

PAUL THORSON

Coldwell Banker Realty License #RS0024330 Listed on: 03/09/2024

Coldwell Banker Realty

Co-Listed By

Debra Thorson

Coldwell Banker Realty License #R3-0020894

Last Buyer's Agent

Angela Williams

English Realty License #RS0036823

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,736

Year Built

  • Built in 1968

Lot Details

  • Property is in very good condition

HOA Fees

  • $342 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Masonry

Interior Spaces

  • 1,070 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Living Room
  • Dining Room
  • Intercom
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Handicap Parking
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting

Schools

  • West Park Place Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18-046.00-001.C.A103

Community Details

Overview

  • Association fees include common area maintenance, pool(s), lawn maintenance, snow removal, water, sewer, cable TV, fiber optics available
  • Low-Rise Condominium
  • Villa Belmont Condominium Associaton Condos
  • Villa Belmont Subdivision
  • Property Manager

Amenities

  • Laundry Facilities
  • 1 Elevator

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,736

Year Built

Built in 1968

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1968
  • Remarks Public: Welcome home to easy comfortable living at Villa Belmont Condominiums! This move-in ready unit has been beautifully renovated and well maintained. Upon entering the home directly to the left notice the completely renovated (never used) kitchen that features brand new white soft-close cabinets with plenty of storage space, beautiful white quartz countertops, extra wide stainless steel sink, brand new LG Stainless Steel energy efficient appliance package consisting of a large refrigerator, dishwasher, built-in microwave and smooth surface electric range. In the kitchen there is an open dining area with overhead adjustable LED color lighting as well as in the dining room area a stylish Edison pendant light. The spacious living room features all new luxury plank laminate flooring leading to your three-season enclosed room which has interchangeable screens and windows for a beautiful view of the community’s park-like setting. The primary bathroom was just renovated including the bathtub/shower, toilet, Kohler vanity, LED lighting as well with a stylish mirror/cabinet. The primary and second bedrooms have new freshly upgraded carpeting with large walk-in and double closets. Villa Belmont features maintenance free living within its beautifully landscaped and treed grounds in a relaxed atmosphere. The Condo. Association provides a rubbish/recycling disposal room, first floor laundry room with coin-operated washers/dryers just a few doors down from the unit and a storage area for each building. The monthly condo. fee covers trash, snow removal, use of the Olympic size swimming pool and picnic area, basic Comcast TV cable service, sewer and common area maintenance. Villa Belmont has plenty of parking including handicap accessible spaces. In the main lobby there is an owner keyed security entrance door with an intercom system plus there are individual mailboxes. The condominium is less than a mile way from Bloom Energy, the UD new Health Sciences Building and UD Stadium. The condo. is a short walk to Folk County Park where you can enjoy using the walking/running track, tennis courts, baseball diamond and a basketball court. The condo. also has an on-site stop the free Newark Unicity Bus. Schedule your showing today of this beautiful newly renovated first floor condominium then pack your bags and move right in!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Disposal, Energy Star Refrigerator, Energy Star Dishwasher, Energy Efficient Appliances, Oven/Range - Electric, Stainless Steel Appliances, Icemaker, Water Heater - High-Efficiency
  • Entry Floor: 1
  • Flooring Type: Laminate Plank, Carpet
  • Interior Amenities: Floor Plan - Open, Intercom, Upgraded Countertops, Breakfast Area, Walk-In Closet(s), Carpet
  • Elevators Count: 1
  • Wall Ceiling Types: Masonry
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1070
  • Living Area Sq Ft: 1070
  • Price Per Sq Ft: 205.51
  • Above Grade Finished Sq Ft: 1070
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 56

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Brick
  • Exterior Features: Exterior Lighting, Sidewalks
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned, Handicap Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 342.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Villa Belmont Condominium Associaton
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Laundry Facilities, Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Lawn Maintenance, Snow Removal, Water, Sewer, Cable Tv, Fiber Optics Available
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced

Schools

  • School District: CHRISTINA
  • Elementary School: WEST PARK PLACE
  • Middle School: SHUE-MEDILL
  • High School: NEWARK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • Elementary School: WEST PARK PLACE
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Outdoor Living Structures: Enclosed, Patio(s), Screened
  • Property Condition: Very Good
  • Zoning: 18RM
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1609.92
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1735.69
  • Assessor Parcel Number: 18-046.00-001.C.A103
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/15/2024

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
May 15, 2024
Sold by
Gj & J Property Management Llc
Bought by
Coleman Patricia Yvonne
Seller's Agent
PAUL THORSON
Coldwell Banker Realty
Buyer's Agent
Angela Williams
English Realty
List Price
$225,000
Sold Price
$209,000
Premium/Discount to List
-$16,000
-7.11%
Views
261
Current Estimated Value
$190,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,092
Avg. Annual Appreciation
-7.04%
Original Mortgage
$139,000
Outstanding Balance
$137,664
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$55,220

Purchase Details

Closed on
Feb 11, 2016
Sold by
Griffin Edwin A and Griffin Jane R
Bought by
Gj And J Property Management Llc

Purchase Details

Closed on
Dec 3, 2004
Sold by
Thorson Paul C
Bought by
Griffin Edwin A and Griffin Jane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,280
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2003
Sold by
Huss John C
Bought by
Thorson Paul C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Coleman Patricia Yvonne -- None Listed On Document
Gj And J Property Management Llc -- Attorney
Griffin Edwin A $86,600 --
Thorson Paul C $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Patricia Yvonne $139,000
Previous Owner Griffin Edwin A $69,280
Previous Owner Thorson Paul C $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $209,000 -5.0% $195 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
03/28/2024 03/28/24 Price Changed $219,900 -0.5% $206 / Sq Ft
03/18/2024 03/18/24 Price Changed $221,000 -1.8% $207 / Sq Ft
03/13/2024 03/13/24 For Sale $225,000 0.0% $210 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $225,000 -- $210 / 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 $1,778 $48,000 $6,800 $41,200
2023 $1,736 $48,000 $6,800 $41,200
2022 $1,717 $48,000 $6,800 $41,200
2021 $1,673 $48,000 $6,800 $41,200
2020 $1,625 $48,000 $6,800 $41,200
2019 $1,425 $48,000 $6,800 $41,200
2018 $1,392 $48,000 $6,800 $41,200
2017 $1,350 $48,000 $6,800 $41,200
2016 $1,346 $48,000 $6,800 $41,200
2015 $1,207 $48,000 $6,800 $41,200
2014 $1,207 $48,000 $6,800 $41,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2057526

Bright MLS

APN: 18-046.00-001.C-A103