Pending

$225,000

545 Walther Rd, Newark, DE 19702

4beds

1,350sqft

$1,435/mo

Get pre-qualified

Single Family Residence

Built in 1929

0.48 Acres Lot

$-- Zestimate^®

$167/sqft

$-- HOA

What's special

Full of characterOriginal wood siding

OFFER DEADLINE FRIDAY 5pm!!!Investor Alert! This is your chance to restore a piece of local history. A Walter family home is ready for its next chapter and offers endless potential for the right buyer. Situated on a ½-acre lot, this 4-bedroom, 1-full-bath home is full of character and waiting to be brought back to life. Beneath the existing stucco lies the home’s original wood siding, offering the opportunity to restore its timeless charm. A poultry barn/outbuilding in the rear provides additional storage, workshop space, or future possibilities. Whether you’re an investor, contractor, or someone looking for a rewarding renovation project, this property offers incredible potential. With an After Repair Value (ARV) estimated at a minimum of $325,000, this is an opportunity to create significant equity. Bring your vision and transform this historic property into something truly special. Property is being sold as-is. *Main image has been generated by AI

51 days
142
0

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Basement

Area: 0

Heating

Heat Pump, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater

Features

Flooring: Wood, Laminate
Basement: Dirt Floor,Full
Has fireplace: No

Interior area

Total structure area: 1,350
Total interior livable area: 1,350 sqft
Finished area above ground: 1,350
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Driveway
Uncovered spaces: 4

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1.5
Pool features: None
Fencing: Chain Link
Has view: Yes
View description: Pasture

Lot

Size: 0.48 Acres
Dimensions: 90.00 x 232.60

Details

Additional structures: Above Grade, Below Grade
Parcel number: 09041.00001
Zoning: NC21
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Stucco
Foundation: Block
Roof: Architectural Shingle

Condition

Fixer
New construction: No
Year built: 1929

Utilities & green energy

Electric: 150 Amps
Sewer: On Site Septic
Water: Well
Utilities for property: Natural Gas Available

Community & HOA

Community

Subdivision: None Available

HOA

Has HOA: No

Location

Region: Newark

Financial & listing details

Price per square foot: $167/sqft
Tax assessed value: $305,800
Annual tax amount: $3,072
Date on market: 7/9/2026
Listing agreement: Exclusive Agency
Listing terms: Cash,FHA 203(k)
Inclusions: Everything In The Property
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

$2,348/mo

Price history

Date	Event	Price
7/19/2026	Pending sale	$225,000$167/sqft
Source: Bright MLS #DENC2106608 Report a problem
7/9/2026	Listed for sale	$225,000+260%$167/sqft
Source: Bright MLS #DENC2106608 Report a problem
6/1/1985	Sold	$62,500$46/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$305,800 +706.9%
2024	$1,614 +2.8%	$37,900
2023	$1,570 +0.2%	$37,900
2022	$1,566 +2.2%	$37,900
2021	$1,533 +2.7%	$37,900
2020	$1,493 +13.2%	$37,900
2019	$1,319 +6.5%	$37,900
2017	$1,239 +0.2%	$37,900
2016	$1,236	$37,900
2015	$1,236 +9.8%	$37,900
2014	$1,126	$37,900
2013	--	$37,900
2012	--	$37,900
2011	--	$37,900
2010	--	$37,900
2009	--	$37,900
2008	--	$37,900
2007	--	$37,900
2006	--	$37,900
2005	--	$37,900
2004	--	$37,900
2003	--	$37,900
2002	--	$37,900
2001	--	$37,900