Primary on Main
Listed By:
Mark C Trani with Zommick McMahon Commercial Real Estate - 6103591100;
Address
5 Terry Lane, Newark, DE
Price
$ 520,000
Property Attributes
  • MLS#DENC2110824
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountyNEW CASTLE
  • CityNewark
  • AreaNewark-Glasgow
  • NeighborhoodTerry Manor
  • Zip19711
  • StyleRanch/Rambler
  • Year Built1955
  • Taxes$ 3398
  • Price$ 520,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1175
  • Lot Size0.18 Acres
Data Source:
Bright MLS
Property Description

STUDENT RENTAL - 4 bed, 2 full bath single-family home, 1,176 SF, built 1955, on 0.18 acres. Currently leased at $3,500/month, 100% occupied. Part of an 8-property student rental portfolio near University of Delaware.

Elementary School Middle School High School
Downes Elementary School Shue-Medill Middle School Newark High School
Price History
9/9/2026 Listed $520,000

General Features

Living Area 1175
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession 0-30 Days CD,31-60 Days CD
Zoning 18RD
Architectural Style Ranch/Rambler
Construction Materials Brick
School District CHRISTINA
Year Built 1955
Levels 1
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County NEW CASTLE
New Construction No
Property Type Residential
HOA No
Subdivision Name TERRY MANOR
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 2
Status ACTIVE
Directions 5 Terry Lane
City NEWARK
Senior Community Y/N No
MLS Area Newark/Glasgow (30905)
Lot Size Units Square Feet
Lot Size Square Feet 7841.00
Tax Assessed Value 301100.0
Tax Annual Amount 3398.0
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 442.55
Vacation Rental Y/N No
Total SQFT 1175
Standard Status Active
Year Built Source Estimated
Legal Subdivision TERRY MANOR
Tax Lot 079
Total Actual Rent 42000.00

Interior Features

Interior Amenities Kitchen - Eat-In
Heating Fuel Electric
Flooring Fully Carpeted,Vinyl
Hot Water Electric
Basement (Y/N) No
Heating Y/N Yes
Above Grade Finished Area 1175
Central Air Y/N Yes
Total Bedrooms 4
Main Level Bedrooms 4
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Laundry Type Main Floor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Exterior Amenities Sidewalks,Street Lights
Pool No Pool
Fencing Other
Parking Features Asphalt Driveway
Lot Features Cul-de-sac,Front Yard,Rear Yard,Sloping
Water Source Public
Type of Parking Driveway
Foundation Details Slab
Water View Y/N No
Lot Dimensions 60 X 120
Lot Size Acres 0.18
Lot Size Source Estimated
Waterfront Y/N No
Land Assessed Value 75700.00
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 19711

Price
AVG $520K
$520K
Taxes
AVG $4,174
$3,398
Year Built
AVG 1970
1955