72 Ray Street, Newark, DE 19711 - Photo 1

1/1

$280,000

Sold
Closed
Single Family
3 Beds
2 Full Baths
1,725 Sq. Ft.

1/1

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.

Full Property Details

Full Property Details for 72 Ray St

General

Sold For: $280,000
Taxes: $1,131 (2022)
Status: Closed
Type: Single Family
Source: BrightMLSPhilly
MLS ID: DENC2045252
Added to Site: 1, 074 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2
Main Floor Baths: 1
Main - Full Baths: 1
Lower Floor Baths: 1
Lower - Full Baths: 1

Bedrooms

Total Bedrooms: 3
Bedrooms Main & Up: 3

Parking

Parking Type: Off Street

Location

Area: Newark/Glasgow (30905)
County: New Castle
Development Name: Newark
Subdivision: Newark
Driving Directions: GPS
City Limits: Yes

School Information

School District: Christina

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Ranch/Rambler
Architectural Style: Ranch/Rambler
Structure Type: Detached
Construction: Brick
Basement: Yes
Basement Entrance: Yes
Basement Desc.: Outside Entrance, Unfinished
Foundation: Concrete Perimeter
Stories/Levels: 0
Stories Description: Lower 1, Main
Square Feet: 1,725
Sq. Ft. Source: Assessor
Living Area: 1,725 Sq. Ft.
Finished Above Grnd: 1,147 Sq. Ft.
Year Built: 1963
Year Built Source: Assessor

Unit Information

Unit 1

Bathrooms-Lower: 1

Lot Features

Lot Size (Acres): 0.31
Lot Size (Sq. Ft.): 13,504
Lot Size Source: Assessor
Lot Dimensions: 70.00 x 208.90
Zoning: 18RD

Financial Considerations

Price Per Sq. Ft.: $309.5
Assessment Year: 2022
School Tax: $859
City/TownTax: $201
City/TownTax Freq: Annually
County Tax: $71
County Tax Freq: Annually
Tax w/Assessment: $26,000
Tax Amount: $1,131
Tax Year: 2022
Terms: Short Sale
Tax Total Finished Sq. Ft.: 1725

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 138

Listed by Tesla Realty Group, LLC, Melvin Sarpey and Tesla Realty Group, LLC, Dorothy Sarpey
Sold by Patterson-Schwartz-Newark, Michael A Dutt

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Listing agents

— 72 Ray St —

Melvin Sarpey

Tesla Realty Group, LLC
Dorothy Sarpey

Tesla Realty Group, LLC

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Schools

Schools serving 72 Ray St

School District:Christina School District

Name	Grades	Distance
Downes (John R.) Elementary School 220 Casho Mill Road, Newark, DE 19711	PK-5	1 mi
Shue-Medill Middle School 1500 Capitol Trail, Newark, DE 19711	6-8	2.9 mi
Newark High School 750 East Delaware Avenue, Newark, DE 19711	9-12	1.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 72 Ray St

Date

Details

Price

Change

Source

1/31/2024

Sold

$280,000

-21.13%

MLS

10/09/2023

Price Reduced

$355,000

-1.39%

MLS

9/21/2023

Price Reduced

$360,000

-1.37%

MLS

7/06/2023

Listed

$365,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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72 Ray Street, Newark, DE 19711 (MLS# DENC2045252) is a Single Family property that was sold at $280,000 on January 31, 2024. Want to learn more about 72 Ray Street? Do you have questions about finding other Single Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

72 Ray St Newark, DE 19711