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2 William Penn Square

2 William Penn Square, New Castle, DE 19720
Sold May 27, 2021
$195,000
$191,468 by Broker Solutions Inc
Mortgage Due Jun 01, 2051
Sold May 26, 2021
$195,000
$191,468 by Broker Solutions, Inc.
Mortgage Due Jun 01, 2051
2 William Penn Square in New Castle, DE was first built in 1975 and is 49 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2 William Penn Square has 1,200 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 280 ft and the linear feet between the front and back of the lot is 1,280. In total, the area measurement of the land is 3,485 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The property is connected to a sewer system. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as fair. The exterior walls of the home are made of asbestos shingle. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2 William Penn Square was last sold in May 21, 2021 for $195,000. According to our calculations, that's $162.50 per sqft. Prior to that sales transaction, the property was sold for $195,000 in May 21, 2021. Current property owners are expected to pay $955 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 2 William Penn Square was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $36,800. To break that down further, the land itself was valued at $5,500. While improvements to the property were assessed at a total of $31,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Duplex
  • Exterior Walls Type: Asbestos shingle
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 280
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WM PENN SQUARE
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : ORTIZ ERIK
  • Previous Owner : POLAR PROPERTIES LLC
  • Owner Before Previous Owner: POLAR PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Colonial School District
  • School Tax School District: TRS4
  • Census Tract: 016100

Zoning

  • Zoning: 21R-2

Geography

  • Assessors Map Reference: 21-001
  • District: 21
  • Parcel: 21-001.00-088
  • Block: B
  • Lot: 23
  • Municipality: NEW CASTLE CITY
  • Latitude: 39.6805
  • Longitude: -75.558

    Address

  • Full Address: 2 William Penn Sq
  • Address - House Number: 2
  • Address - Street Name: William Penn
  • Address - Suffix Type: Sq
  • State: DE
  • City Name: Historic New Castle
  • Carrier Code: C006
  • 4-Digit Zip Code: 3613
  • Zip Code: 19720

Valuation

    Tax

  • Total Area: 1,200
  • Tax Year: 2023
  • Tax Amount: $955
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: LC06;TCZN;

    Appraisal Valuation

  • Standard Deviation: 0.2321
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 67
  • Final Value: 252,657
  • High Value: 311,315
  • Low Value: 193,999

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,468
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Loan Amount: $191,468
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,800
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $31,300

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11842352799
  • Current Sale Price: $195,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20210527-0062715
  • Previous Sale Recording Date: May 26, 2021
  • Previous Sale Contract Date: May 21, 2021
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $191,468
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BROKER SOLUTIONS, INC.
  • Previous Mortgage Transaction Date: May 26, 2021
  • Previous Mortgage Loan Amount: $191,468
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2051

About William Penn Square Townhouses



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Frequently Asked Questions

What neighborhood is 2 William Penn Square located in?
The 2 William Penn Square is a located in the neighborhood of William Penn Square Townhouses in William Penn Square Townhouses, New Castle.
What is the average sales price for listings in 2 William Penn Square?
The average sales price for units in 2 William Penn Square is $0 currently.

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