NOT LISTED FOR SALE

75 Ray St Newark, DE 19711

Estimated Value: $331,222 - $460,000

3 Beds
2 Baths
1,375 Sq Ft
$285/Sq Ft Est. Value

Last Sold December 18, 2013

Last sale price $145,000 $105 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,235/month

10 Days on Market

Highlights

  • Deck
  • Attic
  • No HOA
  • Rambler Architecture
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of December 2013

INVESTOR ALERT! Location, Location! Cute Cape, nestled in the heart of the University of Delaware. This 3 bedroom 2 bath home has a great potential, just needs TLC! Large yard with 4+ car parking! Plenty of storage in attic. Walking distance to U of D! Adjacent parcel included (18-013.00-120).

Last Agent to Sell the Property

Katina Geralis

(302) 383-5412 kat@kghometeam.com EXP Realty, LLC License #R3-0020328 Listed on: 11/04/2013

EXP Realty, LLC

Last Buyer's Agent

Douglas Odell

(302) 992-7759 dnodell@comcast.net Weichert Realtors Cornerstone

Weichert Realtors Cornerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 140x151
  • Corner Lot
  • Back, Front, and Side Yard
  • Property is zoned 18RD

Home Design

  • Rambler Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,375 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Energy-Efficient Windows
  • Deck

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 18-013.00-121

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,580

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1964
  • Remarks Public: INVESTOR ALERT! Location, Location! Cute Cape, nestled in the heart of the University of Delaware. This 3 bedroom 2 bath home has a great potential, just needs TLC! Large yard with 4+ car parking! Plenty of storage in attic. Walking distance to U of D! Adjacent parcel included (18-013.00-120).
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1375
  • Living Area Sq Ft: 1375
  • Net Sq Ft: 1375.00
  • Price Per Sq Ft: 127.27
  • Above Grade Finished Sq Ft: 1375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 75

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Lot Features: Corner, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.30
  • Lot Dimensions: 140X151
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: 18RD

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1580.00
  • Assessor Parcel Number: 18-013.00-121
  • Tax Lot: 121
  • Tax Year: 2013
  • Close Date: 12/18/2013

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
All Purpose Llc
Bought by
Panaccione Alan
Current Estimated Value
$392,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$255,358
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$136,698

Purchase Details

Listed on
Nov 4, 2013
Closed on
Dec 18, 2013
Sold by
Ricks Evelyn and Ricks Carole Brandy
Bought by
All Purpose Llc 75 Ray Street Series
Seller's Agent
Katina Geralis
EXP Realty, LLC
Buyer's Agent
Douglas Odell
Weichert Realtors Cornerstone
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$150,000
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Panaccione Alan -- None Listed On Document
Panaccione Alan -- None Listed On Document
All Purpose Llc 75 Ray Street Series $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panaccione Alan $275,000
Closed Panaccione Alan $275,000
Previous Owner All Purpose Llc 75 Ray Street Series $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2013 12/18/13 Sold $145,000 -17.1% $105 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $175,000 -- $127 / 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
2024 $1,882 $50,800 $3,600 $47,200
2023 $1,837 $50,800 $3,600 $47,200
2022 $1,817 $50,800 $3,600 $47,200
2021 $1,771 $50,800 $3,600 $47,200
2020 $1,769 $50,800 $3,600 $47,200
2019 $1,769 $50,800 $3,600 $47,200
2018 $7,860 $50,800 $3,600 $47,200
2017 $393 $50,800 $3,600 $47,200
2016 $1,425 $50,800 $3,600 $47,200
2015 $1,277 $50,800 $3,600 $47,200
2014 $1,277 $50,800 $3,600 $47,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003641044

Bright MLS

APN: 18-013.00-121