NOT LISTED FOR SALE

Estimated Value: $426,000 - $559,000

4 Beds
3 Baths
2,350 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 725 Colgate Ln, Newark, DE 19711 and is currently estimated at $505,568, approximately $215 per square foot. 725 Colgate Ln is a home located in New Castle County with nearby schools including Downes (John R.) Elementary School, Shue-Medill Middle School, and Newark High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2013
Sold by
Mortimer Reed A and Mortimer Bobbi C
Bought by
Mortimer Bobbi C
Current Estimated Value
$505,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,025
Outstanding Balance
$170,456
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$332,784

Purchase Details

Closed on
May 25, 2001
Sold by
Castelli Angelo J and Castelli Susan J
Bought by
Mortimer Reed A and Mortimer Bobbi C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,910
Interest Rate
7.09%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Mortimer Bobbi C -- None Available
Mortimer Reed A $199,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mortimer Bobbi C $234,025
Closed Mortimer Reed A $49,500
Closed Mortimer Reed A $179,910
Source: Public Records

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 $3,327 $89,800 $16,200 $73,600
2023 $3,247 $89,800 $16,200 $73,600
2022 $3,213 $89,800 $16,200 $73,600
2021 $3,130 $89,800 $16,200 $73,600
2020 $3,040 $89,800 $16,200 $73,600
2019 $2,665 $89,800 $16,200 $73,600
2018 $2,603 $89,800 $16,200 $73,600
2017 $2,526 $89,800 $16,200 $73,600
2016 $2,519 $89,800 $16,200 $73,600
2015 $2,258 $89,800 $16,200 $73,600
2014 $2,257 $89,800 $16,200 $73,600
Source: Public Records

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