1088 S Chapel St, Newark, DE 19702

4 beds4 baths2,375 sqft Edit

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Sold: $300,000
Sold on 03/19/15
Zestimate®: $299,697
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My Notes

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DRASTIC PRICE REDUCTION! CLOSED BID AUCTION IN EFFECT. ALL BIDS WILL BE OPENED ON MAY 20TH! BRING ALL OFFERS!Fantastic Opportunity to own prime real estate! 3 SEPARATE UNITS! The front unit has a large open room with a Cathedral ceiling, a nice size kitchen and 2 other rooms on the main level. The upstairs offers two rooms and a bathroom. Terrific opportunity to live and work at the same place! The left, rear building is currently being used as a Tire Shop which has retail space and a large garage area to work on cars. The back, right unit has 6 individual units that are set up as efficiency style units. Each unit has a kitchen area and all units share 2 bathrooms. These units can produce great income. Great exposure close to Old Baltimore Pike and right next to a very popular convenience store that is open 24 hours a day! Don't miss this opportunity to open your dream business! Make your appointment today for a tour! You will be glad you did!  More Less 

Facts

  • Lot: 0.69 acres
  • Single Family
  • Built in 1956
  • Views: 3,224 all time views
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Mar 2015 for $300,000
  • Last sale price/sqft: $126

Features

  • Parking: Garage - Attached, 1 space, 2000 sqft

      Room Types

      • Dining room
      • Family room

      Construction

      • Exterior material: Vinyl
      • Foundation type: Slab
      • Roof type: Other
      • Room count: 7
      • Stories: 1
      • Structure type: Cape cod

      Other

      • Floor size: 2,375 sqft
      • Heating: Gas
      • Parcel #: 11-010.00-043
      • Zillow Home ID: 72879096

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $299,697
      +$4,429 Last 30 days
      $282K
      $321K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $1,832/mo
      -$2 Last 30 days
      $1.2K
      $2.2K
      Zestimate range
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      $XXX,XXX
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      Popularity on Zillow

      3,224 all-time views
      of this home (chart)

      Comparable Homes

      Homes like this sold for $190-365K.

      $160K
      $390K

      Mortgages

      Neighborhood: 19702

      Zillow predicts 19702 home values will rise 0.2% next year, compared to a 0.9% increase for Newark as a whole. Among 19702 homes, this home is valued 64.4% more than the midpoint (median) home, and is valued 1.6% more per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In 19702, the number of foreclosures waiting to be sold is 66.7% higher than in Newark, and 95.2% less than the national average. This higher local number may prevent 19702 home values from rising as quickly as other regions in Newark.

      Learn more about forecast calculations or 19702 home values.
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        Nearby Schools in Newark

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        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org