S
Seller's Agent in 2022
Sylvester Marchman
Precision Real Estate Group LLC
(302) 566-8289
6 in this area
58 Total Sales
7 Octave Ct Newark, DE 19713
3
Beds
1
Bath
1,300
Sq Ft
6,970
Sq Ft Lot
Highlights
- Deck
- 1 Fireplace
- Porch
- Rambler Architecture
- No HOA
- 1 Car Attached Garage
About This Home
As of February 2022**Investor Special** This brick rancher is waiting for your creative touch to make it shine! Located in Harmony Crest, the home boasts a one car garage and fully fenced in spacious backyard. A brick fireplace and views of the back deck are highlights of the living room. The kitchen has some newer features and opens to the family room. The master bedroom includes a generous walk in closet and private bathroom entrance. The home is minutes away from major shopping areas, restaurants, Christiana Hospital, Rt. 273, Rt. 1, and I-95. This is a flat lot with a lot of potential. This home is sold in as-is condition. Cash offers only. All offers will be contingent upon approval by the Court of Chancery.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,131
Year Built
- Built in 1978
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 70.00 x 100.00
- Wood Fence
- Property is in below average condition
- Property is zoned NC6.5
Parking
- 1 Car Attached Garage
- 2 Driveway Spaces
- Front Facing Garage
Home Design
- Rambler Architecture
- Brick Exterior Construction
- 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
Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Deck
- Porch
Location
- Suburban Location
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- 150 Amp Service
- Electric Water Heater
Community Details
- No Home Owners Association
- Harmony Crest Subdivision
Listing and Financial Details
- Tax Lot 261
- 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%
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
$71,725
Avg. Annual Appreciation
6.76%
Original Mortgage
$265,109
Outstanding Balance
$246,174
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$95,551
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
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Ward & Taylor Llc | |
| Deed | $165,000 | None Available | |
| Deed | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $265,109 | FHA | |
| Closed | $5,302 | New Conventional | |
| Previous Owner | $156,750 | New Conventional | |
| Previous Owner | $156,750 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving |
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
-
Craig Harris
Buyer's Agent in 2022
Craig Harris
Crown Homes Real Estate
(302) 598-8281
3 in this area
108 Total Sales
-
Dave Mays
Seller's Agent in 2020
Dave Mays
EXP Realty, LLC
(302) 276-8375
4 in this area
76 Total Sales
Map
Source: Bright MLS
MLS Number: DENC506872
APN: 09-023.10-261
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