NOT LISTED FOR SALE

7 George Read Rd New Castle, DE 19720

Estimated Value: $371,587 - $465,000

4 Beds
2 Baths
1,725 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 13, 2017

Last sale price $206,000 $119 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,278/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • 1 Car Attached Garage
  • Wood Flooring
  • Porch
  • 5-minute walk to Lt. Joseph L. Szczerba Memorial Park at Penn Acres

About This Home

As of July 2017

Adorable, well maintained Split/Multi level home in Penn Acres, This spacious 4 bedroom, 2 full bath has many unique features. Some of its charm includes beautiful hardwood flooring, a bedroom on the first floor that can easily be converted back to a dining room, large living room as well as eat in kitchen. It also boasts 3 spacious bedrooms on the 2nd floor with updated bath. The lower level is a bonus with a family room or 5th bedroom with another full bath. Also has spacious storage room with full laundry room and outside entrance to another bonus room, a gorgeous enclosed back porch. This home is conveniently located to Wilmington University, Shopping, All major highways. IT IS PRICED TO SELL! Make an appointment today to come and see this home while it lasts!

Last Agent to Sell the Property

Michelle Marini

(302) 494-8261 mmarini13@yahoo.com RE/MAX Elite Listed on: 05/15/2017

RE/MAX Elite

Last Buyer's Agent

Jacob Lipton

(302) 275-4397 Jakeliptonrealtor@gmail.com Coldwell Banker Realty License #681067

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1964

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 69x128
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned NC6.5

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Pitched Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,725 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Partial Basement
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Built-In Oven

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Penn Acres Subdivision

Listing and Financial Details

  • Tax Lot 278
  • Assessor Parcel Number 10-019.10-278

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,417

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Split Level
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1964
  • Remarks Public: Adorable, well maintained Split/Multi level home in Penn Acres, This spacious 4 bedroom, 2 full bath has many unique features. Some of its charm includes beautiful hardwood flooring, a bedroom on the first floor that can easily be converted back to a dining room, large living room as well as eat in kitchen. It also boasts 3 spacious bedrooms on the 2nd floor with updated bath. The lower level is a bonus with a family room or 5th bedroom with another full bath. Also has spacious storage room with full laundry room and outside entrance to another bonus room, a gorgeous enclosed back porch. This home is conveniently located to Wilmington University, Shopping, All major highways. IT IS PRICED TO SELL! Make an appointment today to come and see this home while it lasts!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Wall
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Concrete Perimeter
  • Levels Count: Other
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1725
  • Living Area Sq Ft: 1725
  • Net Sq Ft: 1725.00
  • Price Per Sq Ft: 127.48
  • Above Grade Finished Sq Ft: 1725
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Exterior Features: Sidewalks
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Street
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

  • School District: COLONIAL
  • School District Key: 300200396891

Lot Info

  • Improvement Assessed Value: 40800.00
  • Land Assessed Value: 13500.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.21
  • Lot Dimensions: 69X128
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: NC6.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2312898
  • Tax Annual Amount: 1417.00
  • Assessor Parcel Number: 10-019.10-278
  • Tax Lot: 278
  • Tax Year: 2016
  • Close Date: 07/13/2017

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Jul 17, 2017
Sold by
Rozanski Henry E
Bought by
Spence Richard
Seller's Agent
Michelle Marini
RE/MAX Elite
Buyer's Agent
Jacob Lipton
Coldwell Banker Realty
List Price
$219,900
Sold Price
$206,000
Premium/Discount to List
-$13,900
-6.32%
Current Estimated Value
$402,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,397
Avg. Annual Appreciation
8.47%
Original Mortgage
$202,268
Outstanding Balance
$170,354
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$232,043

Purchase Details

Closed on
Sep 2, 2011
Sold by
Farrow Daniel W and Farrow Glenn David
Bought by
Rozanski Henry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
4.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Spence Richard $206,000 None Available
Rozanski Henry E $163,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spence Richard $202,268
Previous Owner Rozanski Henry E $122,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2017 07/13/17 Sold $206,000 -6.3% $119 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $219,900 0.0% $127 / Sq Ft
05/15/2017 05/15/17 For Sale $219,900 -- $127 / 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 $1,811 $54,300 $13,500 $40,800
2023 $1,642 $54,300 $13,500 $40,800
2022 $1,721 $54,300 $13,500 $40,800
2021 $1,722 $54,300 $13,500 $40,800
2020 $1,733 $54,300 $13,500 $40,800
2019 $2,153 $54,300 $13,500 $40,800
2018 $1,698 $54,300 $13,500 $40,800
2017 $1,585 $54,300 $13,500 $40,800
2016 $1,417 $54,300 $13,500 $40,800
2015 $1,417 $54,300 $13,500 $40,800
2014 $1,418 $54,300 $13,500 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001721761

Bright MLS

APN: 10-019.10-278