NOT LISTED FOR SALE

56 Welsh Tract Rd Unit 310 Newark, DE 19713

Southern Newark Neighborhood

Estimated Value: $141,000 - $163,682

1 Bed
1 Bath
809 Sq Ft
$236/mo HOA Fee

Last Sold October 20, 2022

Last sale price $113,000 $140 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,212/month

50 Days on Market

Highlights

  • Community Pool
  • Balcony
  • Bathtub with Shower
  • Meeting Room
  • Intercom
  • Level Entry For Accessibility

About This Home

As of October 2022

Welcome to this third floor 1 Bedroom/1 Bath Condo in Villa Belmont. Large living room opens to dining room. Kitchen has been updated with tile floors. Enclosed balcony off Living/Dining room. Spacious bedroom with large closet. HVAC and hot water heater replaced in 2012. There is a community pool, picnic areas, walking paths and park benches as well as a meeting room. Monthly Condo fee covers water & sewer, basic cable, parking, lawn care, exterior maintenance, trash & snow removal. Property is being SOLD AS-IS CONDITION. SELLER IS OFFERING $1,500. TO USE TOWARDS A NEW DISHWASHER AND CARPETING.

Last Agent to Sell the Property

Sandra Lee Leeson

Patterson-Schwartz-Newark License #R3-0011730 Listed on: 08/12/2022

Patterson-Schwartz-Newark

Last Buyer's Agent

William Holder

RE/MAX Associates-Wilmington License #RS-0025852

RE/MAX Associates-Wilmington

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $236 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 809 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Handicap Parking
  • Off-Street Parking
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18-046.00.001.C.A310

Community Details

Overview

  • Association fees include cable TV, common area maintenance, exterior building maintenance, lawn maintenance, recreation facility, sewer, snow removal, trash, water
  • $25 Other One-Time Fees
  • Low-Rise Condominium
  • Villa Belmont Subdivision

Amenities

  • Picnic Area
  • Meeting Room
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator, Level Entry - Main
  • Ownership: Condominium
  • Inclusions: Microwave, Refrigerator, Blinds, Window Treatments, Ceiling Fan and Storage Unit in Bedroom.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1969
  • Remarks Public: Welcome to this third floor 1 Bedroom/1 Bath Condo in Villa Belmont. Large living room opens to dining room. Kitchen has been updated with tile floors. Enclosed balcony off Living/Dining room. Spacious bedroom with large closet. HVAC and hot water heater replaced in 2012. There is a community pool, picnic areas, walking paths and park benches as well as a meeting room. Monthly Condo fee covers water & sewer, basic cable, parking, lawn care, exterior maintenance, trash & snow removal. Property is being SOLD AS-IS CONDITION. SELLER IS OFFERING $1,500. TO USE TOWARDS A NEW DISHWASHER AND CARPETING.
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Elevator, Intercom, Bathroom - Tub Shower
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 809
  • Living Area Sq Ft: 809
  • Price Per Sq Ft: 139.68
  • Above Grade Finished Sq Ft: 809
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 56

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Concrete
  • Exterior Features: Bbq Grill, Exterior Lighting, Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Handicap Parking, Unassigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 236.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Cable, Elevator, Meeting Room, Picnic Area, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Recreation Facility, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Other Fees: 25.00
  • Other Fees Frequency: One Time

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Outdoor Living Structures: Balcony
  • Zoning: 18RM
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • School Tax: 1431.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1913.00
  • Assessor Parcel Number: 18-046.00.001.C.A310
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/20/2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Oct 20, 2022
Sold by
Powell Dorothy
Bought by
Gray Constance A and Gray Joseph L
Seller's Agent
Sandra Lee Leeson
Patterson-Schwartz-Newark
Buyer's Agent
William Holder
RE/MAX Associates-Wilmington
List Price
$115,900
Sold Price
$113,000
Premium/Discount to List
-$2,900
-2.5%
Total Days on Market
50
Current Estimated Value
$152,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,561
Avg. Annual Appreciation
11.99%

Purchase Details

Closed on
Oct 24, 2006
Sold by
Chido Helen C
Bought by
Powell Littleton and Powell Dorothy
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
Gray Constance A $113,000 --
Powell Littleton $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chido Helen C $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $113,000 0.0% $140 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
09/26/2022 09/26/22 Price Changed $113,000 -2.5% $140 / Sq Ft
08/12/2022 08/12/22 For Sale $115,900 -- $143 / 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 $1,482 $40,000 $6,800 $33,200
2023 $1,446 $40,000 $6,800 $33,200
2022 $1,431 $40,000 $6,800 $33,200
2021 $1,394 $40,000 $6,800 $33,200
2020 $1,393 $40,000 $6,800 $33,200
2019 $1,393 $40,000 $6,800 $33,200
2018 $1,160 $40,000 $6,800 $33,200
2017 $1,125 $40,000 $6,800 $33,200
2016 $1,122 $40,000 $6,800 $33,200
2015 $1,006 $40,000 $6,800 $33,200
2014 -- $40,000 $6,800 $33,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2029590

Bright MLS

APN: 18-046.00-001.C-A310