NOT LISTED FOR SALE

8 Mercer Dr Newark, DE 19713

Estimated Value: $281,000 - $308,000

3 Beds
1 Bath
1,125 Sq Ft
$264/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $183,000 $163 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,728/month

Highlights

  • Rambler Architecture
  • Attic
  • Eat-In Kitchen
  • Wood Flooring
  • No HOA
  • Living Room

About This Home

As of September 2017

Great opportunity to own a totally updated, three bedroom home in Brookside. Sellers have not cut any corners on this one, it is a beauty! The bedrooms are spacious. Nice addition added for extra living space. This one may not last! Seller is a non profit and will require income verification from buyers to purchase. Certain income level maximums may be in place for this home.

Last Agent to Sell the Property

Daniel Logan

(302) 234-6089 dan@danlogan.com Patterson-Schwartz-Hockessin License #R3-0016334 Listed on: 06/14/2017

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Laura Diaz

(302) 261-2189 Laura@lauradiazteam.com EXP Realty, LLC License #5000727

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,347

Year Built

  • Built in 1963

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 70x100
  • Property is in good condition

Home Design

  • Rambler Architecture
  • Brick Foundation
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 1,125 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • 3 Attached Carport Spaces

Utilities

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

Community Details

  • No Home Owners Association
  • Brookside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1100240101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,347

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1963
  • Remarks Public: Great opportunity to own a totally updated, three bedroom home in Brookside. Sellers have not cut any corners on this one, it is a beauty! The bedrooms are spacious. Nice addition added for extra living space. This one may not last! Seller is a non profit and will require income verification from buyers to purchase. Certain income level maximums may be in place for this home.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1125
  • Living Area Sq Ft: 1125
  • Net Sq Ft: 1125.00
  • Price Per Sq Ft: 159.11
  • Above Grade Finished Sq Ft: 1125
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • 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
  • Attached Carport Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, 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
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 70X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RESI

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2333417
  • Tax Annual Amount: 1347.00
  • Assessor Parcel Number: 1100240101
  • Tax Year: 2016
  • Close Date: 09/15/2017

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2017
Closed on
Sep 1, 2017
Sold by
Ncrc Housing Rehab Fund Llc
Bought by
Carbajal Ortiz Hermilo and Carbajal Ortiz Maria
Seller's Agent
Daniel Logan
Patterson-Schwartz-Hockessin
Buyer's Agent
Laura Diaz
EXP Realty, LLC
List Price
$185,000
Sold Price
$183,000
Premium/Discount to List
-$2,000
-1.08%
Current Estimated Value
$296,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,929
Avg. Annual Appreciation
6.18%
Original Mortgage
$177,510
Outstanding Balance
$148,194
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$148,735

Purchase Details

Closed on
May 11, 2017
Sold by
Bank Of America N A and Liu Xiu Xian
Bought by
Ncrc Housing Rehab Fund Llc

Purchase Details

Closed on
Mar 28, 2008
Sold by
Bert Holdings Llc
Bought by
Liu Xiu Xian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,293
Interest Rate
6.06%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2007
Sold by
Rock Solid Investments Inc
Bought by
Bert Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2007
Sold by
Williams Investments Llc
Bought by
Rock Solid Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2007
Sold by
Olsen Joanne L
Bought by
Williams Investments Llc and Hermitage Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.37%
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
Carbajal Ortiz Hermilo -- None Available
Ncrc Housing Rehab Fund Llc $106,000 None Available
Liu Xiu Xian $204,900 None Available
Bert Holdings Llc $137,500 None Available
Rock Solid Investments Inc $97,000 None Available
Williams Investments Llc $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carbajal Ortiz Hermilo $177,510
Previous Owner Liu Xiu Xian $203,293
Previous Owner Bert Holdings Llc $175,000
Previous Owner Rock Solid Investments Inc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $183,000 +2.2% $163 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/05/2017 07/05/17 Price Changed $179,000 -3.2% $159 / Sq Ft
06/15/2017 06/15/17 For Sale $185,000 -- $164 / 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 $1,764 $41,300 $8,500 $32,800
2023 $1,715 $41,300 $8,500 $32,800
2022 $1,711 $41,300 $8,500 $32,800
2021 $1,675 $41,300 $8,500 $32,800
2020 $1,631 $41,300 $8,500 $32,800
2019 $1,976 $41,300 $8,500 $32,800
2018 $1,405 $41,300 $8,500 $32,800
2017 $1,356 $41,300 $8,500 $32,800
2016 $1,351 $41,300 $8,500 $32,800
2015 $1,582 $41,300 $8,500 $32,800
2014 $1,231 $41,300 $8,500 $32,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000446031

Bright MLS

APN: 11-002.40-101