NOT LISTED FOR SALE

586 Capitol Trail Newark, DE 19711

Estimated Value: $308,000 - $342,960

2 Beds
1.5 Baths
1,175 Sq Ft
$275/Sq Ft Est. Value

Last Sold March 26, 2013

Last sale price $145,000 $123 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,947/month

14 Days on Market

Highlights

  • 0.66 Acre Lot
  • 1 Fireplace
  • 2 Car Attached Garage
  • Cape Cod Architecture
  • No HOA
  • Eat-In Kitchen

About This Home

As of March 2013

Here is your chance to own a wonderful home in a very private setting. This Cape Cod style home features many nice upgrades. There are beautiful hardwoods throughout, a wood burning fireplace and updated windows. The HVAC system is the best of both worlds with hot water baseboard heat and Central AC. The first floor offers a breezeway between the kitchen and the two car garage. The main floor offers a kitchen, dining room, a large living room, full bathroom and an office/bedroom. The second floor has two bedrooms and a partial bath. The basement is partially finished and that is where you will also find the laundry. This home is a must see; it is being offered as a short sale. Buyer agrees to pay 2% processing fee. Offers and commission subject to lender approval. Call L/A for short sale addendum.

Last Agent to Sell the Property

David Sordelet

Real Broker, LLC Listed on: 06/07/2012

Last Buyer's Agent

Eric Brinker

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,375

Year Built

  • Built in 1940

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 293x234
  • Property is in good condition
  • Property is zoned NC6.5

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,175 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Maclary Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 100 Amp Service
  • Oil Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 064
  • Assessor Parcel Number 09-015.20-064

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,375

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Remarks Public: Here is your chance to own a wonderful home in a very private setting. This Cape Cod style home features many nice upgrades. There are beautiful hardwoods throughout, a wood burning fireplace and updated windows. The HVAC system is the best of both worlds with hot water baseboard heat and Central AC. The first floor offers a breezeway between the kitchen and the two car garage. The main floor offers a kitchen, dining room, a large living room, full bathroom and an office/bedroom. The second floor has two bedrooms and a partial bath. The basement is partially finished and that is where you will also find the laundry. This home is a must see; it is being offered as a short sale. Buyer agrees to pay 2% processing fee. Offers and commission subject to lender approval. Call L/A for short sale addendum.
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1175
  • Living Area Sq Ft: 1175
  • Net Sq Ft: 1175.00
  • Price Per Sq Ft: 148.94
  • Above Grade Finished Sq Ft: 1175
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 586

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CHRISTINA
  • Elementary School: MACLARY
  • Middle School: SHUE-MEDILL
  • High School: NEWARK
  • School District Key: 300200396890
  • Elementary School: MACLARY
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Improvement Assessed Value: 38300.00
  • Land Assessed Value: 13700.00
  • Lot Size Acres: 0.66
  • Lot Dimensions: 293X234
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28750.00
  • Property Condition: Good
  • Zoning: NC6.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2293864
  • Tax Annual Amount: 1375.00
  • Assessor Parcel Number: 09-015.20-064
  • Tax Lot: 064
  • Tax Year: 2011
  • Close Date: 03/26/2013

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2012
Closed on
Mar 26, 2013
Sold by
Hahn Angela L
Bought by
Patas Keith R
Seller's Agent
David Sordelet
Real Broker, LLC
Buyer's Agent
Eric Brinker
Coldwell Banker Realty
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%
Current Estimated Value
$323,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,490
Avg. Annual Appreciation
6.70%
Original Mortgage
$137,750
Interest Rate
3.55%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 31, 2006
Sold by
Dutt Michael A
Bought by
Hahn Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,980
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 7, 2006
Sold by
Dutt Michael A
Bought by
Dutt Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,920
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2003
Sold by
Mortimer Donna E and Cheadle Yvonne E
Bought by
Dutt Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Patas Keith R $108,750 None Available
Hahn Angela L $259,900 None Available
Dutt Michael A -- None Available
Dutt Michael A $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patas Keith R $120,000
Closed Patas Keith R $137,750
Previous Owner Hahn Angela L $273,007
Previous Owner Hahn Angela L $273,504
Previous Owner Hahn Angela L $51,980
Previous Owner Hahn Angela L $207,920
Previous Owner Dutt Michael A $134,400
Closed Dutt Michael A $25,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2013 03/26/13 Sold $145,000 -17.1% $123 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
06/07/2012 06/07/12 For Sale $175,000 -- $149 / 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 $2,214 $52,000 $13,700 $38,300
2023 $2,154 $52,000 $13,700 $38,300
2022 $2,149 $52,000 $13,700 $38,300
2021 $2,103 $52,000 $13,700 $38,300
2020 $0 $52,000 $13,700 $38,300
2019 $1,810 $52,000 $13,700 $38,300
2018 $1,763 $52,000 $13,700 $38,300
2017 $1,700 $52,000 $13,700 $38,300
2016 $1,696 $52,000 $13,700 $38,300
2015 $1,545 $52,000 $13,700 $38,300
2014 $1,545 $52,000 $13,700 $38,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004001768

Bright MLS

APN: 09-015.20-064