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428 Martin Drive

428 Martin Drive, New Castle, DE 19720
Property in Collins Park
Sold Jul 29, 2003
$116,000
$75,400 by Delaware Financial Capital Cor
Mortgage Due Aug 01, 2033
428 Martin Drive has been categorized by the local assessors in New Castle, DE as a residential type of property. The building on the property was first built in 1949 and is 75 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 428 Martin Drive has 1,552 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,150 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 6,534 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 280 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a hot water heating system. There is a single fireplace in the home. Perfect for those wintery nights. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 428 Martin Drive sold most recently in Jul 25, 2003 for a total of $116,000. If you work out the math, that's approximately a cost of $74.74 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $85 in taxes each year. The initial year of tax delinquency occurred in 2020. 428 Martin Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,300. If we break it down further, the land itself was valued at $5,900. Improvements to the property, however, were assessed at a total of $28,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,552
  • Gross Building Area: 1,552
  • Building Area: 1,552
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,552
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLLINS PARK ADDN
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : CLEAVER KERRY
  • Previous Owner : BAUMANN MARY J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Colonial School District
  • School Tax School District: TRS4
  • Census Tract: 015802

Zoning

  • Zoning: NC5

Geography

  • Assessors Map Reference: 10-020
  • District: 10
  • Parcel: 10-020.20-286
  • Block: F
  • Lot: 77
  • Municipality: NEW CASTLE HUNDRED
  • Latitude: 39.6814
  • Longitude: -75.5513

    Address

  • Full Address: 428 Martin Dr
  • Address - House Number: 428
  • Address - Street Name: Martin
  • Address - Suffix Type: Dr
  • State: DE
  • City Name: Historic New Castle
  • Carrier Code: C006
  • 4-Digit Zip Code: 2760
  • Zip Code: 19720

Valuation

    Tax

  • Total Area: 1,550
  • Tax Year: 2023
  • Tax Amount: $85
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: LC06;TCZN;

    Appraisal Valuation

  • Standard Deviation: 0.2149
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 70
  • Final Value: 261,383
  • High Value: 317,571
  • Low Value: 205,195

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $84,880
  • First Open Lien Mortgage Lender: DELAWARE FINANCIAL CAPITAL COR
  • First Open Lien Mortgage Recording Date: Jul 29, 2003
  • First Open Lien Mortgage Loan Amount: $75,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2033
  • Second Open Lien Mortgage Lender: NEW CASLTE CNTY DEPT OF CMNTY
  • Second Open Lien Mortgage Recording Date: Jan 19, 2018
  • Second Open Lien Mortgage Loan Amount: $9,480
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $194,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,300
  • Assessed Land Value: $5,900
  • Assessed Improvements Value: $28,400

    Exemptions

  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 25, 2003
  • Current Sale Recording Date: Jul 29, 2003
  • Current Sale Transaction ID: 1089168801
  • Current Sale Price: $116,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20030729-0089430

    Last Sale Mortgage

  • First Mortgage Lender: DELAWARE FINANCIAL CAPITAL COR
  • First Mortgage Transaction Date: Jul 29, 2003
  • First Mortgage Loan Amount: $75,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2033

About Collins Park



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Frequently Asked Questions

What neighborhood is 428 Martin Drive located in?
The 428 Martin Drive is a located in the neighborhood of Collins Park in Collins Park, New Castle.
What is the average sales price for listings in 428 Martin Drive?
The average sales price for units in 428 Martin Drive is $0 currently.

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