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246 King William Street

246 King William Street, Newark, DE 19711
Sold Oct 12, 2017
Transfer
Sold Jul 23, 2013
$115,825
$61,050 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2043
246 King William Street in Newark, DE was first built in 1969 and is 55 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms.

Learn more about the property and building on this page. The home has a gambrel style roof made of asphalt. 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 average. The exterior walls of the home are made of brick. 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 air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $115,825 in Jul 19, 2013. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,288 in taxes each year. The initial year of tax delinquency occurred in 2022. 246 King William Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $36,000. If we break it down further, the land itself was valued at $5,300. Improvements to the property, however, were assessed at a total of $30,700. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1980
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLIAMSBURG VILLAGE
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : SCHMITT ERIN MARIE
  • Previous Owner : DREWES ANDREA
  • Previous Owner 2: DREWES THOMAS A
  • Owner Before Previous Owner: FARRELL JOHN HENRY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Christina School District
  • School Tax School District: TRS3
  • Census Tract: 014404

Zoning

  • Zoning: 18RM

Geography

  • District: 18
  • Parcel: 18-023.00-015-C0246
  • Latitude: 39.6755
  • Longitude: -75.7827

    Address

  • Full Address: 246 King William St
  • Address - House Number: 246
  • Address - Street Name: King William
  • Address - Suffix Type: St
  • State: DE
  • City Name: Newark
  • Carrier Code: C039
  • 4-Digit Zip Code: 2549
  • Zip Code: 19711

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,288
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: LD05;TRS3

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,000
  • Assessed Land Value: $5,300
  • Assessed Improvements Value: $30,700

    Sales

  • Current Sale Contract Date: Oct 11, 2017
  • Current Sale Recording Date: Oct 12, 2017
  • Current Sale Transaction ID: 1397513875
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20171012-0053089
  • Previous Sale Recording Date: Jul 23, 2013
  • Previous Sale Contract Date: Jul 19, 2013
  • Previous Sale Amount: $115,825
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PIKE CREEK MORTGAGE SERVICES I
  • First Mortgage Transaction Date: Oct 12, 2017
  • First Mortgage Loan Amount: $66,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 23, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $61,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2043

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Frequently Asked Questions

What neighborhood is 246 King William Street located in?
The 246 King William Street is a located in the neighborhood of Williamsburg Village Townhouses in Williamsburg Village Townhouses, Newark.
What is the average sales price for listings in 246 King William Street?
The average sales price for units in 246 King William Street is $0 currently.

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