331-333 Paper Mill Road

Closed 8/27/10
Closed 8/27/10
Exterior Front
Exterior Side
Sold
Last Sold Price
$210,000
2,700 sqft
331-333 Paper Mill Rd, Newark, DE 19711
Multi FamilyProperty Type
0.43 acresLot Size
1921Year Built
$78/sq ftPrice per sq ft
12 carsParking Spaces

Description

Approved short sale at this price! Quick settlement possible! City of Newark duplex close to U.of D. Each has two 2nd floor bedrooms & a large 1st flr room, which can be used as a 3rd bedroom. This would maximize the income (previously $1,400 per unit with a 4-person rental permit per unit). Buyer must ascertain as to whether or not the 4-person permit(s) are still current. Windows & some system upgrades were made within the past few years. 1 unit is ready to go; the other will require some elbow...Approved short sale at this price! Quick settlement possible! City of Newark duplex close to U.of D. Each has two 2nd floor bedrooms & a large 1st flr room, which can be used as a 3rd bedroom. This would maximize the income (previously $1,400 per unit with a 4-person rental permit per unit). Buyer must ascertain as to whether or not the 4-person permit(s) are still current. Windows & some system upgrades were made within the past few years. 1 unit is ready to go; the other will require some elbow grease; But will earn its new owner $1000's in "Sweat Equity"! This property last sold in 2005 for $345,000! So how's that for value!? "Listing price may not be sufficient to cover all encumbrances, closing costs or other seller charges. Sale of property at full listing price may be conditioned upon 3rd party approval. Call for details. All non-cash offers must pre-qualify though seller's Lender. No FHA or VA offers please. Buyer must include the attached "presentation of offers" addendum with any offer.
  • Listed by: Eddie Riggin 302.235.1000 eddie@riggingrouprealestate.com • RE/MAX Of Wilmington-Limestone Rd
Listing closed: 08/27/2010 12:00 AM • Source: BRIGHT, MLS#: 1004885522
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Property Information for 331-333 Paper Mill Road

Property Details
  • Taxes: $1,645 / year
  • MLS Type: Multi-Family / Fee Simple
  • County: New Castle County
  • Tax ID Number: 18-008.00-012
  • Ownership: Fee Simple
  • Condo Coop Association: No
  • HOA: No
  • Structure Type: Twin/Semi-Detached
  • Style: Other
  • Waterfront: No
  • Garage: Yes
  • Subdivision: NONE AVAILABLE
  • Subdivision: NONE AVAILABLE (NEW CASTLE DE)
  • Cross Street: CLEVELAND AVEN
  • Central Air: No
  • Basement: Yes
  • Above Grade Finished SQFT: 2,700.00
  • Above Grade Fin SQFT Source: Estimated
  • New Construction: No
  • Construction Completed: No
  • Property Condition: Fixer
Building Information
  • Year Built: 1921
  • Lot Size: 0.43 AC / 18,731 SF
Location
Location
  • School District Name: CHRISTINA
  • School District County ID: 300200396890
  • County: NEW CASTLE
  • MLS Area: Newark/Glasgow (30905)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2009
  • Tax Assessed Value: $0
  • Improvement Assessed Value: $0
  • Land Assessed Value: $0
  • Zoning: RD
  • Tax Lot: 012
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Three Bedroom Units Count: 2
  • Other Units: Unit 1,Unit 2
Rooms
Rooms
  • Room List: Master Bedroom
Financial Information
Expenses
  • Annual Gross Expense: $1,645
Financial Information
  • Gross Income: $28,800
Building Info
Building Info
  • Total Finished SQFT: 2,700.00
  • Total SQFT: 2,700.00
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 64X286
  • Sign On Property: Yes
  • Parcel ID: 2368306
Parking
Parking
  • Type Of Parking: Driveway, Detached Garage
  • Total Garage Spaces: 2
  • Total Non-Garage Parking Spaces: 5
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Window Features: Replacement
  • Laundry Type: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Cable TV Available
  • Heating: Yes
  • Cooling Type: None
  • Heating Type: Gas, Baseboard
  • Heating Fuel: Natural Gas
  • Hot Water: Instant Hot Water
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers

Property History for 331-333 Paper Mill Road

DateEvent & SourcePriceAppreciation
Aug 27, 2010

Closed

BRIGHT #1004885522

$210,000—
Jul 9, 2010

Pending

BRIGHT #1004885522

—
Jun 27, 2010

Listed (Active)

BRIGHT #1004885522

$210,000—
DateEvent & SourcePrice
08/27/2010

Closed

BRIGHT #1004885522

$210,000
07/09/2010

Pending

BRIGHT #1004885522

—
06/27/2010

Listed (Active)

BRIGHT #1004885522

$210,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 331-333 Paper Mill Road

This home is within Christina School District.
Rating
School
Type
Grades
Distance
Downes (John R.) Elementary School
Public - K to 5
Shue-Medill Middle School
Public - 6 to 8
Newark High School
Public - 9 to 12
Brennen School (The)
Public - PK to 12
Rating
School
Distance
Downes (John R.) Elementary School
PublicK to 5

Shue-Medill Middle School
Public6 to 8

Newark High School
Public9 to 12

Brennen School (The)
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 331-333 Paper Mill Road, Newark, DE 19711
$210,000
–
–
2,700
18,731
331-33 Paper Mill Road, Newark, DE 19711
$345,000
4
1,850
18,731
331 Paper Mill Road, Newark, DE 19711
$176,000
–
2
2,700
18,731
329 Paper Mill Road, Newark, DE 19711
–
3
3
1,225
13,504
335 Paper Mill Road, Newark, DE 19711
$139,000
4
–
15,950
337 Paper Mill Road, Newark, DE 19711
$250,000
3
1
1,425
30,492

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Of Wilmington-Limestone Rd

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.