E
Seller's Agent in 2012
Eddie Riggin
RE/MAX
7 Honeysuckle Dr Newark, DE 19702
Estimated Value: $272,000 - $445,000
4
Beds
2.5
Baths
2,175
Sq Ft
$164/Sq Ft
Est. Value
Highlights
- Above Ground Pool
- Deck
- 1 Fireplace
- Colonial Architecture
- Attic
- No HOA
About This Home
As of September 2012A bank owned "REO" property that offers a very good value! This 4 bedroom, 2 1/2 bath property includes an in-law suite on the 1st floor with a separate kitchen, living room, bedroom & bath. The original floorplan is a 3 bedroom 2-story home in a very affordable community. This property does need a good amount of work to get it back into livable shape so don't expect it to be perfect at this price. It's a super opportunity for someone looking for a generous amount of living space & someone who is willing to invest some hard earned capital & put in some good ole elbow grease. You'll earn thousands and thousands of dollars in sweat equity. Other features include a finished basement with a recreation room & a study, a large deck, double-wide driveway, fireplace & low maintenance exterior. This property is "Priced for a Quick Sale! So grab your checkbook, bring your handyman, look at the comparables for this amount of space & get ready to make a super investment to enhance your long-term wealth. Value+!
Last Agent to Sell the Property
Eddie Riggin
(302) 234-2500 Eddie@RigginGroupRealEstate.com RE/MAX Elite Listed on: 01/12/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,037
Year Built
- Built in 1988
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 53x148
- Back Yard
- Property is in below average condition
- Property is zoned NCPUD
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Pitched Roof
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 2,175 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Laundry on main level
- Attic
Kitchen
- Eat-In Kitchen
- Built-In Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- In-Law or Guest Suite
- 2.5 Bathrooms
Finished Basement
- Partial Basement
- Drainage System
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Driveway
Accessible Home Design
- Mobility Improvements
Outdoor Features
- Above Ground Pool
- Deck
- Exterior Lighting
- Shed
- Porch
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Bottled Gas
- Heating System Uses Propane
- Underground Utilities
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Springmill Subdivision
Listing and Financial Details
- Tax Lot 002
- Assessor Parcel Number 10-039.30-002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2012
Closed on
Sep 28, 2012
Sold by
First Western Sblc Inc
Bought by
Johnson Sarah L
Seller's Agent
Eddie Riggin
RE/MAX Elite
Buyer's Agent
Deborah Phipps
Empower Real Estate, LLC
List Price
$140,000
Sold Price
$139,200
Premium/Discount to List
-$800
-0.57%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,008
Avg. Annual Appreciation
7.26%
Original Mortgage
$5,000
Outstanding Balance
$3,475
Interest Rate
3.59%
Mortgage Type
Stand Alone Second
Estimated Equity
$352,180
Purchase Details
Closed on
Nov 28, 2011
Sold by
Summa John J and Summa Debra A
Bought by
First Western Sblc Inc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Sarah L | $104,400 | None Available | |
| First Western Sblc Inc | $120,002 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Sarah L | $5,000 | |
| Open | Johnson Sarah L | $136,678 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2012 09/28/12 | Sold | $139,200 | -0.6% | $64 / Sq Ft |
| 05/25/2012 05/25/12 | For Sale | $140,000 | 0.0% | $64 / Sq Ft |
| 04/24/2012 04/24/12 | Pending | -- | -- | -- |
| 03/13/2012 03/13/12 | Price Changed | $140,000 | -6.7% | $64 / Sq Ft |
| 02/29/2012 02/29/12 | Price Changed | $150,000 | -6.3% | $69 / Sq Ft |
| 01/12/2012 01/12/12 | For Sale | $160,000 | -- | $74 / 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 | $3,419 | $77,800 | $9,000 | $68,800 |
| 2023 | $3,330 | $77,800 | $9,000 | $68,800 |
| 2022 | $3,306 | $77,800 | $9,000 | $68,800 |
| 2021 | $3,236 | $77,800 | $9,000 | $68,800 |
| 2020 | $3,147 | $77,800 | $9,000 | $68,800 |
| 2019 | $2,983 | $77,800 | $9,000 | $68,800 |
| 2018 | $2,728 | $77,800 | $9,000 | $68,800 |
| 2017 | $2,635 | $77,800 | $9,000 | $68,800 |
| 2016 | $2,614 | $77,800 | $9,000 | $68,800 |
| 2015 | $2,390 | $77,800 | $9,000 | $68,800 |
| 2014 | $2,392 | $77,800 | $9,000 | $68,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Deborah Phipps
Buyer's Agent in 2012
Deborah Phipps
Empower Real Estate, LLC
(302) 737-6434
17 in this area
158 Total Sales
Map
Source: Bright MLS
MLS Number: 1003810942
APN: 10-039.30-002
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