NOT LISTED FOR SALE

72 Welsh Tract Rd Unit 310 Newark, DE 19713

Southern Newark Neighborhood

Estimated Value: $149,000 - $160,277

1 Bed
1 Bath
809 Sq Ft
$247/mo HOA Fee

Last Sold November 01, 2022

Last sale price $116,000 $143 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,222/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Balcony
  • Clubhouse
  • Community Pool
  • 4-minute walk to Folk Memorial Park

About This Home

As of November 2022

Top-Unit Condo in the heart of Newark. Located just minutes from the University of Delaware Campus & major roadways. Enjoy a LOW-MAINTENANCE LIFESTYLE here at Villa Belmont Condos. Arrive to building #72 & take the elevator up to the 3rd floor, where you will find a 1-Bedroom, 1-Bathroom Condo, ready for you to move right in! BRAND NEW FLOORS & FRESH PAINT can be found throughout. Enter the foyer and you will find the kitchen to your left, with space for your dining table. Straight ahead, you will enter the living room, bright with tons of natural sunlight. Sliders lead out to the private, enclosed balcony. Down the hall you will find a spacious bedroom & a recently updated bathroom. The bathroom features: NEW VINYL PLANK FLOORS, BRAND NEW BATHTUB, BRAND NEW TOILET, new mirror & new light. Other notable inclusions: 2 parking permits, 4’x4’ cubicle storage space, & access to the COMMUNITY POOL. In addition to the pool, the condo fee covers: trash, basic cable, water, sewer & exterior maintenance. This charming home is ready for you - don’t wait, schedule your tour today!

Last Agent to Sell the Property

Andrea Harrington

Compass License #RA-0020228 Listed on: 09/12/2022

Compass

Last Buyer's Agent

Amanda Bradford

Crown Homes Real Estate License #RS0036638

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • Two or More Common Walls
  • Property is in average condition

HOA Fees

  • $247 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 809 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Combination Kitchen and Dining Room
  • Wall to Wall Carpet
  • Galley Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Parking Permit Included

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 001.C.E310
  • Assessor Parcel Number 18-046.00-001.C.E310

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, water, sewer, pool(s), cable TV
  • Low-Rise Condominium
  • Villa Belmont Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

HOA Fees

$247 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: Refrig
  • New Construction: No
  • Story List: Main
  • Year Built: 1969
  • Automatically Close On Close Date: No
  • Remarks Public: Top-Unit Condo in the heart of Newark. Located just minutes from the University of Delaware Campus & major roadways. Enjoy a LOW-MAINTENANCE LIFESTYLE here at Villa Belmont Condos. Arrive to building #72 & take the elevator up to the 3rd floor, where you will find a 1-Bedroom, 1-Bathroom Condo, ready for you to move right in! BRAND NEW FLOORS & FRESH PAINT can be found throughout. Enter the foyer and you will find the kitchen to your left, with space for your dining table. Straight ahead, you will enter the living room, bright with tons of natural sunlight. Sliders lead out to the private, enclosed balcony. Down the hall you will find a spacious bedroom & a recently updated bathroom. The bathroom features: NEW VINYL PLANK FLOORS, BRAND NEW BATHTUB, BRAND NEW TOILET, new mirror & new light. Other notable inclusions: 2 parking permits, 4’x4’ cubicle storage space, & access to the COMMUNITY POOL. In addition to the pool, the condo fee covers: trash, basic cable, water, sewer & exterior maintenance. This charming home is ready for you - don’t wait, schedule your tour today!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Flooring Type: Fully Carpeted
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Galley
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 3
  • Levels Count: 1
  • Room Count: 3
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Shared
  • Total Sq Ft: 809
  • Living Area Sq Ft: 809
  • Price Per Sq Ft: 149.57
  • Above Grade Finished Sq Ft: 809
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 72

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Permit Included
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 247.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Water, Sewer, Pool(s), Cable Tv
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: 18RM
  • In City Limits: Yes

Rental Info

  • Pets: Number Limit, Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1322.00
  • Tax Annual Amount: 1740.00
  • Assessor Parcel Number: 18-046.00-001.C.E310
  • Tax Lot: 001.C.E310
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/01/2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Nov 1, 2022
Sold by
Li Jun
Bought by
Hopson Damon
Seller's Agent
Andrea Harrington
Compass
Buyer's Agent
Amanda Bradford
Crown Homes Real Estate
List Price
$121,000
Sold Price
$116,000
Premium/Discount to List
-$5,000
-4.13%
Views
54
Current Estimated Value
$154,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,092
Avg. Annual Appreciation
11.40%
Original Mortgage
$92,800
Outstanding Balance
$90,173
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$63,919

Purchase Details

Listed on
Sep 28, 2015
Closed on
Nov 30, 2015
Sold by
Decaro A Marc and Decaro Paula M
Bought by
Li Jun
Seller's Agent
Stephen Mottola
Compass
Buyer's Agent
Li Huang
RE/MAX Elite
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%

Purchase Details

Closed on
Apr 28, 2005
Sold by
Susi Anthony J and Susi Cynthia A
Bought by
Decaro A Marc and Decaro Paula M P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
5.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 29, 2004
Sold by
Quinn Thomas R and Gott Carolyn A
Bought by
Susi Anthony J and Susi Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2003
Sold by
Quiin Robert C and Quinn Thomas R
Bought by
Quinn Thomas R and Gott Carolyn A

Purchase Details

Closed on
Dec 10, 2002
Sold by
Estate Of Robert J Quinn
Bought by
Quinn Robert C and Quinn Thomas R
Source: Public Records

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Range of Values:

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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
Hopson Damon $116,000 --
Li Jun $50,000 None Available
Decaro A Marc $82,500 --
Susi Anthony J $65,000 --
Quinn Thomas R $15,000 --
Quinn Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopson Damon $92,800
Previous Owner Decaro A Marc $40,500
Previous Owner Susi Anthony J $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $116,000 -4.1% $143 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $121,000 +142.0% $150 / Sq Ft
11/30/2015 11/30/15 Sold $50,000 -16.7% $63 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
09/28/2015 09/28/15 For Sale $60,000 -- $75 / 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
2023 $1,400 $40,000 $6,800 $33,200
2022 $1,431 $40,000 $6,800 $33,200
2021 $1,394 $40,000 $6,800 $33,200
2020 $1,354 $40,000 $6,800 $33,200
2019 $1,187 $40,000 $6,800 $33,200
2018 $1,160 $40,000 $6,800 $33,200
2017 $1,125 $40,000 $6,800 $33,200
2016 $1,122 $40,000 $6,800 $33,200
2015 $1,006 $40,000 $6,800 $33,200
2014 $1,005 $40,000 $6,800 $33,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2031216

Bright MLS

APN: 18-046.00-001.C-E310