72 Ray Street, Newark, DE 19711-7006 $360,000

Beds/Baths: 3/2
Interior Sq. Ft: 1,725
Acreage: 0.31
Age:60 years
Style:
Ranch/Rambler
MLS#: DENC2045252
Subdivision: Newark
Design/Type:
Detached

Description

Back on the market - Buyers financing fell through. Appraised at $365,000 conventional. Are you looking to build sweat equity or your next investment opportunity! Looking for your next investment in a prime location? This ranch homes sits right in the middle of the University of Delaware campus and makes it the right fit for your next investment. This home has 3 bedrooms each with ample closet space. A full bathroom in the hallway. A living, dining room and kitchen space. The lower level is unfinished with a full bathroom. Home is being sold AS-IS with no repairs to be made by sellers or credit provided for any repairs. Property can be used as a rental however, this property does not currently have a rental permit, new owner will have to complete such. Any lender repairs will be handled by buyer. Executors have never lived in the property. Some structural repairs were recommended from a previous inspection, sellers was made aware and won't be making any repairs/or credit. Please complete your due diligence and assessment. Immediate settlement is preferred. Home is priced fairly to its current AS-IS state based on other comps in the areas. Come and see what the future holds with this property. Please reach out if you have any questions.

Taxes: $1,131
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Christina

Features

Utilities
Forced Air Heating, Natural Gas, Central A/C, Electric, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
Off Street

Interior
Outside Entrance Basement, Unfinished Basement, Accessibility - Chairlift, Accessibility - Level Entry - Main

Exterior
Concrete Perimeter Foundation, Brick Exterior

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (19 schools)

School District Grades Place Distance
West Park Place Elementary School Christina School District K–5 Newark 1 mi
Downes (John R.) Elementary School Christina School District K–5 Newark 1.03 mi
Maclary (R. Elisabeth) Elementary School Christina School District K–5 Newark 1.58 mi
Brookside Elementary School Christina School District K–5 Newark 2.13 mi
McVey (Joseph M.) Elementary School Christina School District K–5 Newark 2.27 mi
Brennen School (The) Christina School District Preschool–12 Newark 2.66 mi
Smith (Jennie E.) Elementary School Christina School District K–5 Newark 2.72 mi
Newark Charter School Newark Charter School K–12 Newark 2.84 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 2.89 mi
Las Americas ASPIRA Academy Las Americas Aspira Academy K–9 Newark 2.97 mi
Wilson (Etta J.) Elementary School Christina School District K–5 Newark 3.38 mi
Cecil Manor Elementary Cecil County Public Schools Preschool–5 Elkton 3.76 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 4.11 mi
Forest Oak Elementary School Red Clay Consolidated School District K–5 Newark 4.17 mi
Brader (Henry M.) Elementary School Christina School District K–5 Newark 4.27 mi
Gallaher (Robert S.) Elementary School Christina School District K–5 Newark 4.3 mi
Heritage Elementary School Red Clay Consolidated School District K–5 Wilmington 4.58 mi
Linden Hill Elementary School Red Clay Consolidated School District K–5 Wilmington 4.73 mi
Marshall (Thurgood) Elementary School Christina School District K–5 Newark 4.92 mi

Public Middle (9 schools)

School District Grades Place Distance
Brennen School (The) Christina School District Preschool–12 Newark 2.66 mi
Kirk (George V.) Middle School Christina School District 6–8 Newark 2.74 mi
Newark Charter School Newark Charter School K–12 Newark 2.84 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 2.89 mi
Shue-Medill Middle School Christina School District 6–8 Newark 2.9 mi
Gauger-Cobbs Middle School Christina School District 6–8 Newark 2.91 mi
Las Americas ASPIRA Academy Las Americas Aspira Academy K–9 Newark 2.97 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 4.11 mi
Skyline Middle School Red Clay Consolidated School District 6–8 Wilmington 4.55 mi

Public High (8 schools)

School District Grades Place Distance
Newark High School Christina School District 9–12 Newark 1.12 mi
Brennen School (The) Christina School District Preschool–12 Newark 2.66 mi
Newark Charter School Newark Charter School K–12 Newark 2.84 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 2.89 mi
Las Americas ASPIRA Academy Las Americas Aspira Academy K–9 Newark 2.97 mi
Christiana High School Christina School District 6–12 Newark 3.66 mi
Glasgow High School Christina School District 9–12 Newark 4.03 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 4.11 mi

Private (8 schools)

School Grades Place Distance
Newark Center For Creative Learning Nonsectarian K–8 Newark 1.14 mi
The College School Nonsectarian 2–8 Newark 1.32 mi
Islamic Academy Of Delaware Islamic Preschool–8 Newark 3.39 mi
Tarbiyah Islamic School Of Delaware Islamic Preschool–8 Newark 3.39 mi
Delaware Tarbiyah School Islamic Preschool–8 Newark 3.65 mi
Tutor Time Child Care Nonsectarian Preschool–K Newark 4.07 mi
St Mark's High School Roman Catholic 9–12 Wilmington 4.33 mi
The Independence School Nonsectarian Preschool–8 Newark 4.6 mi

© 2023 LiveBy. All Rights Reserved.

This report is a detailed community overview for Newark (19711), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 23
  • Average salary of people in this community: $56,866

Community Summary

  • Population Density (ppl / mile): 1,943
  • Household Size (ppl): 2.60
  • Households w/ Children: 45%

Housing Inventory

  • Owned: 12,610 (59.8%)
  • Rented: 6,997 (33.2%)
  • Vacant: 1,481 (7.0%)
  • Total: 21,088

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 53,194
Households: 19,607
Median Age: 34.30

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.8%
  • Some High School: 3.5%
  • High School Graduate: 20.2%
  • Some College: 16.5%
  • Associate Degree: 7.6%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 22.5%

Income by dollar range

Median Income: $78,818

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,114
  • One Bedroom: $1,050
  • Two Bedroom: $1,232
  • Three Bedroom: $1,596
  • Four Bedroom: $1,889

© 2023 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Tesla Realty Group, LLC , (844) 837-5274, info@teslarealtygroup.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 9/26/2023.

72 Ray Street, Newark, DE 19711-7006

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