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Sold for $451,000 on 02/06/24
  • $451,000

    18 Ritter Ln, Newark, DE 19711

    5beds
    1,925sqft
    Single Family Residence
    Built in 1961
    0.28 Acres Lot
    $479,400 Zestimate®
    $234/sqft
    $3,422 Estimated rent

    Home value

    $479,400

    $455,000 - $508,000

    $3,422/mo

    Zestimate® history
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    $3,422/mo

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    $2,573/mo

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    $2,573/mo

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    What's special

    Welcome to this deceptively spacious 5 bedroom, 2 full bath home nestled within walking distance to the vibrant Main Street of Newark, brimming with shops and restaurants. This prime location also places you in close proximity to the heart of the University of Delaware campus, making it an ideal residence for those seeking the convenience of campus accessibility. Currently tenant-occupied , this property offers a unique opportunity with a tenant who expresses interest in continuing the lease if possible. The upper level of the home features 3 generously sized bedrooms and 1 full bathroom. Meanwhile, the main level boasts 2 additional bedrooms, another full bathroom, a spacious living room, a dining room, and a functional kitchen, creating an ideal layout for both everyday living and entertaining. Beyond the living spaces, this home includes practical features such as an unfinished basement and a 1-car garage, offering ample storage and parking solutions. While the property could benefit from some tender loving care, this is factored into the pricing, presenting an excellent opportunity for those with a vision to add their personal touch and enhance the home's overall appeal. Whether you're an investor looking for a property with a reliable tenant or a homeowner seeking a spacious residence in a central location, this home presents a versatile canvas ready for your customization. Don't miss the chance to explore the potential of this gem and make it your own. The property is under rented for $1,325.00 per month with a lease that expires the end of September 2024. Schedule a showing today to envision the possibilities that await in this much larger than it looks home in the heart of Newark!

    Zillow last checked: 8 hours ago

    Listing updated: February 06, 2024 at 07:32am

    Listed by:

    Chris Nolte 302-893-5893,

    Coldwell Banker Realty,

    Co-Listing Agent: Brent Applebaum 302-750-7677,

    Coldwell Banker Realty

    Bought with:

    Michele Endrich, R3-0011184

    BHHS Fox & Roach - Hockessin

    Source: Bright MLS,MLS#: DENC2053198MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,925
    • Total interior livable area: 1,925 sqft
    • Finished area above ground: 1,925
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Inside Entrance, Attached, Driveway
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 0.28 Acres
    • Dimensions: 80.00 x 175.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 18031.00238
    • Zoning: 18RS
    • 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: Permanent
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Newark
    • Subdivision: None Available

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/28/2024Listing removed$3,300$2/sqft
    Source: Zillow Rentals
    8/22/2024Listed for rent$3,300-12%$2/sqft
    Source: Zillow Rentals
    5/12/2024Listing removed--
    Source: Zillow Rentals
    4/14/2024Listed for rent$3,750$2/sqft
    Source: Zillow Rentals
    2/6/2024Sold$451,000+18.7%$234/sqft
    Source: Bright MLS #DENC2053198

    Public tax history

    YearProperty taxesTax assessment
    2025-- $397,200 +464.2%
    2024$2,608 +2.5%$70,400
    2023$2,546 +1.1%$70,400

    Find assessor info on the county website

    Neighborhood: 19711

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $479,400
    2% more+ $9,588
    With Zillow Showcase(estimated)
    $488,988