NOT LISTED FOR SALE

63 Corbit St Newark, DE 19711

Studio
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $450,000

1 Day on Market

Highlights

  • No HOA
  • Dwelling with Rental
  • Hot Water Baseboard Heater

About This Home

As of June 2021

Rare opportunity to own a quality investment property in the Heart of Newark. 4 Unit apartment building
consisting of one efficency unit & 3 one bedroom apartments. Some updates to mention in the last 6-7 yrs
new electrical panels, new zone valves for the heating system, new storm windows, updated Roof, heater &
hot water heater.

Last Agent to Sell the Property

Lorraine Lancina

(302) 250-5050 lorraine.lancina@foxroach.com BHHS Fox & Roach - Hockessin Listed on: 04/22/2021

BHHS Fox & Roach - Hockessin

Last Buyer's Agent

James Darden

(302) 897-1053 jdarmax@gmail.com Century 21 Gold Key Realty

Century 21 Gold Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $865

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 64.60 x 100.50

Home Design

  • Quadruplex
  • Dwelling with Rental
  • Brick Exterior Construction

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 053
  • Assessor Parcel Number 18-013.00-053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$865

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • Inclusions: All appliances
  • New Construction: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 64.60 x 100.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Zoning: 18RD
  • In City Limits: Yes

Rental Info

  • Number Of Units Month To Month: 1
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 865.00
  • Assessor Parcel Number: 18-013.00-053
  • Tax Lot: 053
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: CHRISTINA

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $450,000 0.0% --
04/23/2021 04/23/21 Pending -- -- --
04/23/2021 04/23/21 Price Changed $449,999 -10.0% --
04/22/2021 04/22/21 For Sale $499,999 +66.7% --
06/16/2015 06/16/15 Sold $300,000 -22.1% -- View Prior Sale
03/13/2015 03/13/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $385,000 -- --
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 $869 $82,400 $20,000 $62,400
2023 $2,990 $82,400 $20,000 $62,400
2022 $2,948 $82,400 $20,000 $62,400
2021 $2,872 $82,400 $20,000 $62,400
2020 $2,790 $82,400 $20,000 $62,400
2019 $2,869 $82,400 $20,000 $62,400
2018 $12,750 $82,400 $20,000 $62,400
2017 $638 $82,400 $20,000 $62,400
2016 $2,311 $82,400 $20,000 $62,400
2015 $2,072 $82,400 $20,000 $62,400
2014 $2,071 $82,400 $20,000 $62,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC525040

Bright MLS