55 New London Avenue

Newark, DE 19711

$570,000
Price
3
Beds
1
Bath
975 Sq. Ft.
$585 / Sq. Ft.
975
Sq. Ft.
$585
per Sq. Ft.

Description

This listing is part of a ten-property portfolio that has consistently performed for more than 2 decades. This property is zoned for (4) unrelated tenants close to the University of Delaware. This is an extremely desirable investment location near "The Deer Park Tavern", basically an extension of Main Street and walkable to the campus. For the right offer seller will consider breaking up the portfolio. Price determined based on income history. (7 Cap) This is a portfolio that includes the following...

Property Details for 55 New London Avenue

Expected On Market Date
05-29-2021
Subdivision
NEWARK
Legal Subdivision
BELL SUBD
Ownership
Fee Simple
Style
Other
Structure Type
End of Row/Townhouse
Total Parking Spaces
2
Basement
Yes

Location

Listing Courtesy of EXP Realty, LLC

Property Details for 55 New London Avenue

StatusActive
MLS #DENC527610
Days on Market27
Taxes$757 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Fee Simple
Year Built1920
Lot Size0.10 AC / 4,356 SF
CountyNew Castle County

Contact a Compass agent

Location

Listing Courtesy of EXP Realty, LLC

Building Information for 55 New London Avenue

Stories3Residences-Year Built1920Lot Size0.10 AC / 4,356 SF

Payment Calculator

$1,973 per month

30 year fixed, 2.95% Interest

Principal and Interest

$1,910

Property Taxes

$63

HOA Dues

$0

Property Information for 55 New London Avenue

Rooms
    Alll Upper Levels
  • # Bedrooms Count All Upper Levels: 3
  • # Bathrooms Count All Upper Levels: 1
  • # Bathrooms Full All Upper Levels: 1
    Upper Level 1
  • # Bathrooms Count Upper Level 1: 1
  • # Bedrooms Count Upper Level 1: 3
  • # Bathrooms Full Upper Level 1: 1
Location Info
    School Info
  • School District Name: CHRISTINA
  • School District County ID: 300200396890
    Location Info
  • MLS Area: Newark/Glasgow (30905)
  • Subdivision: NEWARK (NEW CASTLE DE)
  • In City Limits: Yes
  • Senior Community: No
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
Association / Community Info
    Association / Community Info
  • Condo Coop Association: No
  • HOA: No
Taxes and Assessment Info
    Tax Info
  • Tax Annual Amount: $757
  • Tax Year: 2020
  • School Tax: $566
  • County Tax: $50
  • City Town Tax: $141
  • Clean Green Assessed: No
  • Zoning: 18RM
  • Tax Lot: 340
  • Tax ID Number: 18-019.00-340
    Assessment Info
  • Tax Assessed Value: $18,200
  • Year Assessed: 2020
  • Improvement Assessed Value: $15,000
  • Land Assessed Value: $3,200
Financial Info
    Utilities
  • Cooling Fuel: None
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Sewer Septic: Public Sewer
  • Water Source: Public
Building Info
    SQFT
  • Above Grade Finished SQFT: 975
  • Below Grade Finished SQFT: 0
  • Below Grade Unfinished SQFT: 0
  • Total Finished SQFT: 975
  • Tax Total Finished SQFT: 975
    Structure
  • Basement Type: Full
  • Levels/Stories: 3
  • Stories: Main, Upper 1
  • Other Structures: Above Grade, Below Grade
  • Accessibility Features: None
  • Construction Materials: Shingle Siding
  • New Construction: No
Lot Info
    Lot Info
  • Property Type: Residential
  • Land Use Code: 0
  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 25.40 x 192.10
  • Lot Size Source: Assessor
  • Lot SQFT: 4356
  • Lot Size Acres: .10
  • Navigable Water: No
  • Age: 1920
Parking
    Parking
  • Garage: No
  • Type Of Parking: Off Street
  • Off Street - # of Spaces: 2
Interior Features
    Interior Features
  • Fireplaces Count: 0
  • Central Air: No
  • Cooling Type: None
  • Heating: Yes
  • Heating Type: Forced Air
Exterior Features
    Exterior Features
  • Pool: No Pool

Property History for 55 New London Avenue

DateEvent & SourcePriceAppreciation
May 29, 2021

Listed (Active)

BRIGHT #DENC527610

$570,000
Apr 30, 1992

Closed

BRIGHT #DENC432010

$80,000
Apr 30, 1992

Pending

BRIGHT #DENC432010

DateEvent & SourcePrice
05/29/2021

Listed (Active)

BRIGHT #DENC527610

$570,000
04/30/1992

Closed

BRIGHT #DENC432010

$80,000
04/30/1992

Pending

BRIGHT #DENC432010

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

Public Records for 55 New London Avenue

Taxable ValueLand$3,200Additions$15,000Total$18,200
Tax Record2020$616 ($51 / month)
Home Facts
Beds3Baths1Total Finished SqFt975 SqFtAbove Grade Finished SqFt975 SqFtStories2Lot Size4,356 SqFtStyleSingle Family ResidenceYear Built1920Zoning18RMCountyNEW CASTLEAPN1801900340

Schools near 55 New London Avenue


SchoolTypeGradesDistanceRating
Mount Sophia AcademyPrivateK-120.5 mi
NR
The College SchoolPrivate1-80.6 mi
NR
Newark Center For Creative LearningPrivate1.0 mi
NR
Downes (John R.) Elementary SchoolPublicPK-51.0 mi
8

Mount Sophia Academy

K-12, 0.5 mi, Private

NR

The College School

1-8, 0.6 mi, Private

NR

Newark Center For Creative Learning

1.0 mi, Private

NR

Downes (John R.) Elementary School

PK-5, 1.0 mi, Public

8

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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55 New London Avenue is a townhouse for sale in Newark, DE 19711. This property was listed for sale on May 29, 2021 by EXP Realty, LLC at $570,000. It has been on the market for a total of 27 days and was last sold on April 30, 1992. This listing's school district is Christina School District. Nearby schools include Mount Sophia Academy, The College School and Newark Center For Creative Learning. 55 New London Avenue is a 3-bed, 1-bath, 975 sqft townhouse built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC

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