7 Cedar Farms Dr Newark, DE 19702
Estimated Value: $303,000 - $404,851
3
Beds
2
Baths
1,484
Sq Ft
$247/Sq Ft
Est. Value
About This Home
This home is located at 7 Cedar Farms Dr, Newark, DE 19702 and is currently estimated at $367,213, approximately $247 per square foot. 7 Cedar Farms Dr is a home located in New Castle County with nearby schools including McVey (Joseph M.) Elementary School, Gauger-Cobbs Middle School, and Glasgow High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 1, 2005
Sold by
Young Christopher D and Saunders Patrice M
Bought by
Bibik Janice M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Outstanding Balance
$88,747
Interest Rate
4.62%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$278,466
Purchase Details
Closed on
Apr 12, 2002
Sold by
Vasquez Nelson and Vasquez Sylvia M
Bought by
Young Christopher D and Saunders Patrice M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
6.84%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bibik Janice M | $228,000 | -- | |
| Young Christopher D | $162,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bibik Janice M | $182,400 | |
| Previous Owner | Young Christopher D | $153,900 |
Source: Public Records
Tax History Compared to Growth
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 | $3,010 | $68,500 | $11,900 | $56,600 |
| 2023 | $2,932 | $68,500 | $11,900 | $56,600 |
| 2022 | $2,911 | $68,500 | $11,900 | $56,600 |
| 2021 | $2,849 | $68,500 | $11,900 | $56,600 |
| 2020 | $2,771 | $68,500 | $11,900 | $56,600 |
| 2019 | $2,585 | $68,500 | $11,900 | $56,600 |
| 2018 | $2,402 | $68,500 | $11,900 | $56,600 |
| 2017 | $2,320 | $68,500 | $11,900 | $56,600 |
| 2016 | $2,302 | $68,500 | $11,900 | $56,600 |
| 2015 | $2,104 | $68,500 | $11,900 | $56,600 |
| 2014 | $2,106 | $68,500 | $11,900 | $56,600 |
Source: Public Records
Map
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