Possibilities are endless in this income-producing property conveniently located near the University of Delaware, downtown Newark, White Clay Creek, shops, and restaurants. This five-bedroom two and one-half bathroom charming revenue-generating Cape Cod has renters in place for the 2023-2024 school year! The tenants will feel welcome by the hardwood floors, fresh neutral color palette, separate dining room and kitchen accented by modern appliances, cabinetry with abundant storage, and crisp subway tile backsplash. Two generously sized bedrooms and a full bath complete the first floor. Ascend to the upper floor to find three additional spacious bedrooms and a full bathroom. Let your creativity shine in the basement with a powder room and access to the attached one-car garage just waiting for your final refinishing ideas to complete this amazing investment opportunity.
Sold for $450,000 on 02/27/23
$450,000
156 N College Ave, Newark, DE 19711
5beds
1,450sqft
Single Family Residence
Built in 1957
6,098 Square Feet Lot
$419,800 Zestimate®
$310/sqft
$2,873 Estimated rent
Home value
$419,800
$390,000 - $449,000
$2,873/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 27, 2023 at 04:55am
Listed by:
Julie Spagnolo 302-463-4088,
Northrop Realty,
Co-Listing Team: The Allison Stine Team At Northrop Realty, A Long And Foster Company,Co-Listing Agent: Allison Stine 302-381-5565,
Northrop Realty
Bought with:
Nicholas Baldini, RA-0020226
Patterson-Schwartz-Hockessin
Source: Bright MLS,MLS#: DENC2036338
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Oil
Cooling
- Central Air, Window Unit(s), Electric
Appliances
- Included: Dishwasher, Dryer, Freezer, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
- Laundry: In Basement
Features
- Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Bathroom - Stall Shower, Bathroom - Tub Shower, Dry Wall, Paneled Walls
- Flooring: Carpet, Hardwood, Concrete, Laminate, Wood
- Doors: Six Panel, Storm Door(s)
- Windows: Double Hung, Wood Frames, Screens
- Basement: Connecting Stairway,Partial,Garage Access,Heated,Improved,Interior Entry,Unfinished
- Number of fireplaces: 1
- Fireplace features: Brick, Wood Burning
Interior area
- Total structure area: 1,450
- Total interior livable area: 1,450 sqft
- Finished area above ground: 1,450
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Garage Faces Front, Inside Entrance, Asphalt, Attached, Driveway
- Attached garage spaces: 1
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Screened
- Pool features: None
- Has view: Yes
- View description: Garden, Trees/Woods
Lot
- Size: 6,098 sqft
- Dimensions: 58.80 x 166.30
- Features: Suburban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 18014.00020
- Zoning: 18RM
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding, Aluminum Siding
- Foundation: Other
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Newark
- Subdivision: None Available
HOA & financial
Other financial information
- Total actual rent: 39000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2023 | Sold | $450,000$310/sqft |
Source:  Bright MLS #DENC2036338 | ||
| 1/8/2023 | Pending sale | $450,000$310/sqft |
Source: Bright MLS #DENC2036338 | ||
| 1/5/2023 | Listed for sale | $450,000+87.5%$310/sqft |
Source: Bright MLS #DENC2036338 | ||
| 10/3/2005 | Sold | $240,000$166/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $336,000 +833.3% |
| 2024 | $1,334 +2.5% | $36,000 |
| 2023 | $1,302 +1.1% | $36,000 |
Find assessor info on the county website
Neighborhood: 19711
Nearby schools
GreatSchools rating
- 7/10Downes (John R.) Elementary SchoolGrades: K-5Distance: 1.3 mi
- 3/10Shue-Medill Middle SchoolGrades: 6-8Distance: 2.7 mi
- 3/10Newark High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: West Park Place
- Middle: Shue-medill
- High: Newark
- District: Christina
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$419,800
2% more+ $8,396
With Zillow Showcase(estimated)
$428,196