Primary on Main
Listed By:
Mark C Trani with Zommick McMahon Commercial Real Estate - 6103591100;
Address
5 Terry Lane, Newark, DE
Price
$ 540,000
Property Attributes
  • MLS#DENC2106236
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountyNEW CASTLE
  • CityNewark
  • AreaNewark-Glasgow
  • NeighborhoodTerry Manor
  • Zip19711
  • StyleRanch/Rambler
  • Year Built1955
  • Taxes$ 3398
  • Price$ 540,000
  • 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
7/1/2026 Listed $540,000

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 459.57
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 42500.00

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
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
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
Total Parking Spaces 2
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
$540K
Taxes
AVG $4,193
$3,398
Year Built
AVG 1961
1955
Visits
AVG 261
141
Data Provided by Inside Real Estate®

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