NOT LISTED FOR SALE

6 Prospect Ave Newark, DE 19711

Estimated Value: $334,900 - $440,000

3 Beds
1 Bath
1,700 Sq Ft
$230/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $280,000 $165 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,059/month

177 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Porch
  • Wood Flooring
  • No HOA
  • Eat-In Kitchen

About This Home

As of November 2018

Located in the heart of the University of Delaware Campus, this townhome consists of 3 formal bedrooms on the middle floor and the front room on the main level has been used as a 4th bedroom. The third floor room may be legally used as a den or anything other than a bedroom as per City of Newark laws. There is also a much sought after 4 unrelated/student rental permit in effect that goes along with this home. Most of the windows in the home have recently been upgraded to insulated windows. Current lease expires 06/30/2019 with tenants paying all utilities and taking care of snow removal and lawn maintenance. Rental permit fee is $200/year. Contact listing agent for showings and details. ***Comparable homes on this street rent for $2400 to $2600/month.

Last Agent to Sell the Property

Anne Menaquale

(302) 453-3200 annemenaquale@gmail.com RE/MAX Associates - Newark License #4009136 Listed on: 03/27/2018

RE/MAX Associates - Newark

Last Buyer's Agent

Anthony McGuire

(302) 993-6512 anthony_mcguire@rocketmail.com McGuire Brokerage License #RB-0030978

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 1926

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 16x150
  • Back and Front Yard
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Schools

  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Porch

Community Details

  • No Home Owners Association
  • Newark Subdivision

Listing and Financial Details

  • Tax Lot 045
  • Assessor Parcel Number 18-014.00-045

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,711

Year Built

Built in 1926

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: Washer, Dryer & Refrigerator Included As Is.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher, Refrigerator
  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace: No
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Net Sq Ft: 1700.00
  • Price Per Sq Ft: 176.41
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Fuses
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: NEWARK

Lot Info

  • Lot Features: Level, Front Yard, Rear Yard
  • Lot Size Acres: 0.06
  • Lot Dimensions: 16X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: 18RD

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1711.00
  • Assessor Parcel Number: 18-014.00-045
  • Tax Lot: 045
  • Tax Year: 2017

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2018
Closed on
Nov 30, 2018
Sold by
Sheppard Banner A and Hubler Marlin H
Bought by
Mcguire Anthony J and Moorhead Christopher
Seller's Agent
Anne Menaquale
RE/MAX Associates - Newark
Buyer's Agent
Anthony McGuire
McGuire Brokerage
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%
Current Estimated Value
$391,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,475
Avg. Annual Appreciation
4.75%
Original Mortgage
$224,000
Outstanding Balance
$197,349
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$194,126

Purchase Details

Closed on
Jan 1, 1992
Bought by
Sheppard Banner A and Hubler Marli
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcguire Anthony J $280,000 None Available
Sheppard Banner A $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguire Anthony J $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $280,000 -6.6% $165 / Sq Ft
08/30/2018 08/30/18 Price Changed $299,900 -7.7% $176 / Sq Ft
03/27/2018 03/27/18 For Sale $325,000 -- $191 / Sq Ft
Source: Bright MLS

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 $503 $47,700 $3,000 $44,700
2023 $1,725 $47,700 $3,000 $44,700
2022 $1,706 $47,700 $3,000 $44,700
2021 $1,663 $47,700 $3,000 $44,700
2020 $1,615 $47,700 $3,000 $44,700
2019 $1,416 $47,700 $3,000 $44,700
2018 $2,766 $47,700 $3,000 $44,700
2017 $369 $47,700 $3,000 $44,700
2016 $1,338 $47,700 $3,000 $44,700
2015 $1,199 $47,700 $3,000 $44,700
2014 $1,199 $47,700 $3,000 $44,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000311560

Bright MLS

APN: 18-014.00-045

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