NOT LISTED FOR SALE

81 Mercer Dr Newark, DE 19713

Estimated Value: $260,000 - $302,000

3 Beds
1 Bath
1,125 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 14, 2012

Last sale price $95,000 $84 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,629/month

Highlights

  • Rambler Architecture
  • Attic
  • Eat-In Kitchen
  • Wood Flooring
  • No HOA
  • Back, Front, and Side Yard

About This Home

As of May 2012

Bank sale. Single family detached home is in good condition. Three good sized bedrooms, huge living room, fireplace, outside storage room off carport. Updated heat and a/c, updated kitchen, updated roof. Ready to move in. Neutral colors. Nice rear yard. This is a bank owned property but you can move right in. Corporate addendum is required for purchase. Bank of America Prequalification required on all offers. Property is being sold "AS-IS". Inspections are for informational purposes only. Waiting for bank signatures.

Last Agent to Sell the Property

Michael Haritos

(302) 540-7448 michaelgharitos@gmail.com EXP Realty, LLC License #RB-0031345 Listed on: 02/21/2012

Last Buyer's Agent

Dale Jackson

(410) 885-1606 dale@psre.net Patterson-Schwartz Real Estate License #641160

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,079

Year Built

  • Built in 1954

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 70x100
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned NC6.5

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,125 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Brick Fireplace
  • Living Room
  • Home Security System
  • Eat-In Kitchen
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • 3 Attached Carport Spaces
  • On-Street Parking

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Brookside Subdivision

Listing and Financial Details

  • Tax Lot 015
  • Assessor Parcel Number 11-002.30-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,079

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: As Is
  • Inclusions: As Is
  • New Construction: No
  • Story List: Main
  • Year Built: 1954
  • Remarks Public: Bank sale. Single family detached home is in good condition. Three good sized bedrooms, huge living room, fireplace, outside storage room off carport. Updated heat and a/c, updated kitchen, updated roof. Ready to move in. Neutral colors. Nice rear yard. This is a bank owned property but you can move right in. Corporate addendum is required for purchase. Bank of America Prequalification required on all offers. Property is being sold "AS-IS". Inspections are for informational purposes only. Waiting for bank signatures.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Foundation Details: Slab
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1125
  • Living Area Sq Ft: 1125
  • Net Sq Ft: 1125.00
  • Price Per Sq Ft: 94.13
  • Above Grade Finished Sq Ft: 1125
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 81

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, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • 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
  • Parking Features: Street
  • Attached Carport Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 32300.00
  • Land Assessed Value: 8500.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.16
  • Lot Dimensions: 70X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: NC6.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2333277
  • Tax Annual Amount: 1079.00
  • Assessor Parcel Number: 11-002.30-015
  • Tax Lot: 015
  • Tax Year: 2011
  • Close Date: 05/14/2012

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2012
Closed on
May 9, 2012
Sold by
The Bank Of New York Mellon
Bought by
Roberts Michael
Seller's Agent
Michael Haritos
EXP Realty, LLC
Buyer's Agent
Dale Jackson
Patterson-Schwartz Real Estate
List Price
$105,900
Sold Price
$95,000
Premium/Discount to List
-$10,900
-10.29%
Current Estimated Value
$280,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,864
Avg. Annual Appreciation
8.41%
Original Mortgage
$76,000
Outstanding Balance
$52,903
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$227,961

Purchase Details

Closed on
Dec 8, 2011
Sold by
Ferguson George C and Ferguson Deborah H
Bought by
The Bank Of New York Mellon and The Bank Of New York
Source: Public Records

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
Roberts Michael $95,000 Liberty Title & Escrow Co
The Bank Of New York Mellon $121,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Michael $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2012 05/14/12 Sold $95,000 -10.3% $84 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $105,900 -- $94 / 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 $1,742 $40,800 $8,500 $32,300
2023 $1,694 $40,800 $8,500 $32,300
2022 $1,690 $40,800 $8,500 $32,300
2021 $1,654 $40,800 $8,500 $32,300
2020 $1,611 $40,800 $8,500 $32,300
2019 $1,553 $40,800 $8,500 $32,300
2018 $1,388 $40,800 $8,500 $32,300
2017 $1,339 $40,800 $8,500 $32,300
2016 $1,335 $40,800 $8,500 $32,300
2015 $1,217 $40,800 $8,500 $32,300
2014 $1,216 $40,800 $8,500 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003855312

Bright MLS

APN: 11-002.30-015