7 Octave Ct Newark, DE 19713
Eastern Newark NeighborhoodEstimated Value: $305,112 - $334,000
3
Beds
1
Bath
1,300
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- Rambler Architecture
- No HOA
- Forced Air Heating and Cooling System
- 1 Fireplace
- 1 Car Attached Garage
About This Home
As of February 2022Completely renovated 3 Bedroom, 1 Bath, Rancher with a full basement and over 1,350 Sq. Ft of living space. This home features neutral paint, new vinyl flooring, recessed lights, and carpeted bedrooms. The kitchen features granite countertops, new floors, and new stainless steel appliances. The bathroom has been totally renovated with porcelain tiles, upgraded lighting, and new fixtures. The HVAC system is new, and a new water heater has been installed. The property is being sold "as-is", any inspections conducted are for informational purposes only, the seller has never occupied the property. This home is ready to go just bring your things and make it yours.
Last Agent to Sell the Property
Precision Real Estate Group LLC License #RB-0020234 Listed on: 12/23/2021
Home Details
Home Type
- Single Family
Year Built
- Built in 1978
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 70.00 x 100.00
Parking
- 1 Car Attached Garage
- Front Facing Garage
- Driveway
- On-Street Parking
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Block Foundation
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,300 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Harmony Woods Subdivision
Listing and Financial Details
- Assessor Parcel Number 09-023.10-261
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 23, 2021
Closed on
Feb 7, 2022
Sold by
Rashandra Sadler
Bought by
Reese Michael
Seller's Agent
Sylvester Marchman
Precision Real Estate Group LLC
Buyer's Agent
Craig Harris
Crown Homes Real Estate
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%
Total Days on Market
12
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
$46,778
Avg. Annual Appreciation
3.02%
Original Mortgage
$265,109
Outstanding Balance
$248,501
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$49,552
Purchase Details
Listed on
Aug 11, 2020
Closed on
Nov 3, 2020
Sold by
Ricks Carole and Estate Of Tracy M Ricks
Bought by
Sadler Rashandra
Seller's Agent
Dave Mays
EXP Realty, LLC
Buyer's Agent
Sylvester Marchman
Precision Real Estate Group LLC
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.82%
Original Mortgage
$156,750
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 3, 1997
Bought by
Ricks Tracy M
Similar Homes in Newark, DE
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 |
|---|---|---|---|
| Reese Michael | -- | Ward & Taylor Llc | |
| Sadler Rashandra | $165,000 | None Available | |
| Ricks Tracy M | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reese Michael | $265,109 | |
| Closed | Reese Michelle | $5,302 | |
| Previous Owner | Sadler Rashandra | $156,750 | |
| Previous Owner | Ricks Tracy M | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2022 02/07/22 | Sold | $270,000 | 0.0% | $208 / Sq Ft |
| 01/04/2022 01/04/22 | Price Changed | $270,000 | +1.9% | $208 / Sq Ft |
| 12/23/2021 12/23/21 | For Sale | $265,000 | +60.6% | $204 / Sq Ft |
| 11/03/2020 11/03/20 | Sold | $165,000 | -8.3% | $127 / Sq Ft |
| 08/15/2020 08/15/20 | Pending | -- | -- | -- |
| 08/11/2020 08/11/20 | For Sale | $179,900 | -- | $138 / Sq Ft |
Source: Bright MLS
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 | $2,377 | $54,100 | $10,500 | $43,600 |
| 2023 | $2,315 | $54,100 | $10,500 | $43,600 |
| 2022 | $2,299 | $54,100 | $10,500 | $43,600 |
| 2021 | $2,250 | $54,100 | $10,500 | $43,600 |
| 2020 | $4,193 | $54,100 | $10,500 | $43,600 |
| 2019 | $2,037 | $54,100 | $10,500 | $43,600 |
| 2018 | $115 | $54,100 | $10,500 | $43,600 |
| 2017 | $774 | $54,100 | $10,500 | $43,600 |
| 2016 | $774 | $54,100 | $10,500 | $43,600 |
| 2015 | $711 | $54,100 | $10,500 | $43,600 |
| 2014 | $713 | $54,100 | $10,500 | $43,600 |
Source: Public Records
Agents Affiliated with this Home
-
Sylvester Marchman
S
Seller's Agent in 2022
Sylvester Marchman
Precision Real Estate Group LLC
(302) 566-8289
6 in this area
58 Total Sales
-
Craig Harris
Buyer's Agent in 2022
Craig Harris
Crown Homes Real Estate
(302) 598-8281
2 in this area
101 Total Sales
-
Dave Mays
Seller's Agent in 2020
Dave Mays
EXP Realty, LLC
(302) 276-8375
5 in this area
80 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2013394
APN: 09-023.10-261
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