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323 Martin Drive

323 Martin Drive, New Castle, DE 19720
Property in Collins Park
Sold Mar 29, 2010
$150,000
$120,000 by Monarch Bank
Mortgage Due Apr 01, 2040
Sold Aug 08, 2008
$153,000
$122,400 by First Horizon Home Loans
Mortgage Due Aug 01, 2038
Local assessors in New Castle, DE have categorized 323 Martin Drive as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 12,197 square feet. The linear feet between the front and back of the lot was measured at 2,340 ft and the front of the lot was measured at 570 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 323 Martin Drive has a total of 1,440 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. The home's a forced air unit is the primary heating source. 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, 323 Martin Drive sold most recently in Mar 26, 2010 for a total of $150,000. If you work out the math, that's approximately a cost of $104.17 per sqft. Before that, the property was also sold for $153,000 in Jul 25, 2008. 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 $952 in taxes each year. 323 Martin Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,500. If we break it down further, the land itself was valued at $6,100. Improvements to the property, however, were assessed at a total of $24,400. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • 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
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 2,340
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLLINS PARK ADDN
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : JONES MICHAEL E
  • Previous Owner : HUMBERTSON GEORGE
  • Owner Before Previous Owner: DURHAM FREDERICK G
  • Is Owner Occupied: Owner-occupied property

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: 10-020.20-215
  • Block: B
  • Lot: 22-22
  • Municipality: NEW CASTLE HUNDRED
  • Latitude: 39.6834
  • Longitude: -75.55

    Address

  • Full Address: 323 Martin Dr
  • Address - House Number: 323
  • Address - Street Name: Martin
  • Address - Suffix Type: Dr
  • State: DE
  • City Name: Historic New Castle
  • Carrier Code: C006
  • 4-Digit Zip Code: 2757
  • Zip Code: 19720

Valuation

    Tax

  • Total Area: 1,450
  • Tax Year: 2023
  • Tax Amount: $952
  • Tax Rate Code Area: LC06;TCZN;

    Appraisal Valuation

  • Standard Deviation: 0.2435
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 65
  • Final Value: 251,917
  • High Value: 313,263
  • Low Value: 190,571

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: MONARCH BANK
  • First Open Lien Mortgage Recording Date: Mar 29, 2010
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2040

    Market Valuation

  • Market Total Value: $175,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,500
  • Assessed Land Value: $6,100
  • Assessed Improvements Value: $24,400

    Sales

  • Current Sale Contract Date: Mar 26, 2010
  • Current Sale Recording Date: Mar 29, 2010
  • Current Sale Transaction ID: 1066100714
  • Current Sale Price: $150,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20100329-0014872
  • Previous Sale Recording Date: Aug 08, 2008
  • Previous Sale Contract Date: Jul 25, 2008
  • Previous Sale Amount: $153,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MONARCH BANK
  • First Mortgage Transaction Date: Mar 29, 2010
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON HOME LOANS
  • Previous Mortgage Transaction Date: Aug 08, 2008
  • Previous Mortgage Loan Amount: $122,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2038

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Frequently Asked Questions

What neighborhood is 323 Martin Drive located in?
The 323 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 323 Martin Drive?
The average sales price for units in 323 Martin Drive is $0 currently.

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