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12 Grace Court

12 Grace Court, Newark, DE 19702
Property in Elwin Manor
Sold Mar 30, 2020
$300,000
$213,675 by Cardinal Financial Company Lp
Mortgage Due Apr 01, 2050
Sold Dec 03, 2001
$183,900
Seller
$147,100 by Weichert Financial Services
Mortgage Due Dec 01, 2031
Local assessors in Newark, DE have categorized 12 Grace Court as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 20,038 square feet. The linear feet between the front and back of the lot was measured at 1,810 ft and the front of the lot was measured at 980 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12 Grace Court has a total of 1,540 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Mar 24, 2020 for $300,000. That's $194.81 per sqft. Prior to that sales transaction, the property was also sold in Nov 29, 2001 for $183,900. 12 Grace Court was last assessed in 2023. The total value of the property was assessed at $60,400. Specifically, the land the property is located on was valued at $9,200. While improvements on the property were assessed at a total of $51,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,501. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 744
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 1,810
  • Lot Size Frontage Feet: 980
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELWIN MANOR
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : BURROW DAWN M
  • Previous Owner : MYERS DONNA M
  • Owner Before Previous Owner: FCP INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Christina School District
  • School Tax School District: TRS3
  • Census Tract: 014813

Zoning

  • Zoning: NC21

Geography

  • Assessors Map Reference: 11-013
  • District: 11
  • Parcel: 11-013.00-096
  • Lot: 19
  • Municipality: PENCADER HUNDRED
  • Latitude: 39.632
  • Longitude: -75.7467

    Address

  • Full Address: 12 Grace Ct
  • Address - House Number: 12
  • Address - Street Name: Grace
  • Address - Suffix Type: Ct
  • State: DE
  • City Name: Newark
  • Carrier Code: C056
  • 4-Digit Zip Code: 2368
  • Zip Code: 19702

Valuation

    Tax

  • Total Area: 1,550
  • Tax Year: 2023
  • Tax Amount: $2,501
  • Tax Rate Code Area: LC05;TRS3

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 72
  • Final Value: 375,641
  • High Value: 452,224
  • Low Value: 299,057

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,675
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Mar 30, 2020
  • First Open Lien Mortgage Loan Amount: $213,675
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $286,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,400
  • Assessed Land Value: $9,200
  • Assessed Improvements Value: $51,200

    Sales

  • Current Sale Contract Date: Mar 24, 2020
  • Current Sale Recording Date: Mar 30, 2020
  • Current Sale Transaction ID: 11753380258
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20200330-0025303
  • Previous Sale Recording Date: Dec 03, 2001
  • Previous Sale Contract Date: Nov 29, 2001
  • Previous Sale Amount: $183,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Mar 30, 2020
  • First Mortgage Loan Amount: $213,675
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Dec 03, 2001
  • Previous Mortgage Loan Amount: $147,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2031

About Elwin Manor



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Frequently Asked Questions

What neighborhood is 12 Grace Court located in?
The 12 Grace Court is a located in the neighborhood of Elwin Manor in Elwin Manor, Newark.
What is the average sales price for listings in 12 Grace Court?
The average sales price for units in 12 Grace Court is $0 currently.

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