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72 Ray St, Newark, DE 19711

$417,000
Last sold 01/31/2024 for $280K
3
bed
2
bath
1,725
Sqft ($162/Sqft)

House not for sale

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About 72 Ray St

Property type House

Neighborhood

Year built 1963

HOA fee $0/month

Lot size 0.31 Acre

Movoto estimate

Property description

Back on the market - Buyers financing fell through. Appraised at $365,000 conventional. Are you looking to build sweat equity or your next investment opportunity! Looking for your next investment in a prime location? This ranch homes sits right in the middle of the University of Delaware campus and makes it the right fit for your next investment. This home has 3 bedrooms each with ample closet space. A full bathroom in the hallway. A living, dining room and kitchen space. The lower level is unfinished with a full bathroom. Home is being sold AS-IS with no repairs to be made by sellers or credit provided for any repairs. Property can be used as a rental however, this property does not currently have a rental permit, new owner will have to complete such. Any lender repairs will be handled by buyer. Executors have never lived in the property. Some structural repairs were recommended from a previous inspection, sellers was made aware and won't be making any repairs/or credit. Please complete your due diligence and assessment. Immediate settlement is preferred. Home is priced fairly to its current AS-IS state based on other comps in the areas. Come and see what the future holds with this property. Please reach out if you have any questions.

Listed by

Listing Agent - Melvin Sarpey

Listing Office - Tesla Realty Group, LLC

Source: Bright MLS

MLS#DENC2045252 • last updated 2 years ago

Movoto checked Bright MLS for data 5 minutes ago

Overview
Cooling/AC	Central A/C, Electric
Heating	Natural Gas
Levels/Style	Ranch/Rambler
Type	Residential
Status	Closed
SqFt	1725
Lot Size (SqFt)	13504
Lot Size (Acres)	0.31
County Tax	71, Annually
City/ Town Tax	201
School Tax	859
Tax: Assessed Value	26000
Annual Property Tax	1131
Year Built	1963
New Construction (Y/N)	N
Foreclosure (Y/N)	N

Interior
Total # of Bathrooms	2
# Full Baths	2
Total # of Bedrooms	3
Basement	Outside Entrance, Unfinished

Exterior
Construction	Brick
Foundation	Concrete Perimeter
Parking Desc	Off Street
Existing Structures	Above Grade, Below Grade

Amenities / Utilities
Sewer/ Septic	Public Sewer
Pool	No Pool

Location
Subdivision	NEWARK
Water Source	Public
Senior Community (Y/N)	N
School District	CHRISTINA
Directions	GPS
Zoning	18RD

$417K

Range: $341K-$492K

Last 30 days

Lower your payment with the loan terms that fit you.

Feb 2024
Public Records
Feb 1, 2024 Sold
$280,000
Jan 2024
MLS # DENC2045252
Jan 31, 2024 Sold
$280,000 (-21.1%)
Jan 11, 2024 Pending
—
Nov 17, 2023 Active
—
Oct 9, 2023 Price Change
$355,000 (-1.4%)
Sep 21, 2023 Price Change
$360,000 (-1.4%)
Aug 29, 2023 Listed
—
Jul 23, 2023 Pending
—
Jul 6, 2023 Active
—
Jul 6, 2023 Listed
$365,000

Year Property taxes Tax assessment
2024
$2,149 +42.0%

$58,000
2023
$1,513 +1.7%

$58,000
2022
$1,488 -3.1%

$58,000
2021
$1,535 +4.0%

$58,000
2020
$1,475 +20.8%

$58,000
2019
$1,222 +2.7%

$58,000
2018
$1,190 +14.2%

$58,000
2016
$1,042

$58,000

72 Ray St
$280K
Newark
—
19711
$495K -1% y/y
Newark
$399K +1% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
68 Ray St, Newark, DE 19711	$602,000	3/1	1,125	0.01
76 Ray St, Newark, DE 19711	$460,000	4/1	1,725	0.02
75 Ray St, Newark, DE 19711	$421,000	3/1	1,375	0.02
82 Ray St, Newark, DE 19711	$464,000	3/1	1,750	0.03
79 Ray St, Newark, DE 19711	$448,000	3/1	1,875	0.04
134 New London Rd, Newark, DE 19711	$428,000	3/1	875	0.06
136 New London Rd, Newark, DE 19711	$423,000	4/2	1,325	0.07
138 New London Rd, Newark, DE 19711	$391,000	3/1	750	0.07

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.