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.
For sale
$540,000
5 Terry Ln, Newark, DE 19711
4beds
1,175sqft
Single Family Residence
Built in 1955
7,841 Square Feet Lot
$-- Zestimate®
$460/sqft
$-- HOA
What's special
- 23 hours |
- 60 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Mark Trani 302-383-5156,
Zommick McMahon Commercial Real Estate 6103591100,
Co-Listing Agent: Ryan J Mcmahon 610-299-5144,
Zommick McMahon Commercial Real Estate
Source: Bright MLS,MLS#: DENC2106236
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Main Level
Features
- Eat-in Kitchen
- Flooring: Carpet, Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,175
- Total interior livable area: 1,175 sqft
- Finished area above ground: 1,175
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Driveway
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Sidewalks, Street Lights
- Pool features: None
- Fencing: Other
Lot
- Size: 7,841 Square Feet
- Dimensions: 60 x 120
- Features: Cul-De-Sac, Front Yard, Rear Yard, Sloped
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1801300079
- Zoning: 18RD
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Terry Manor
HOA
- Has HOA: No
Location
- Region: Newark
Financial & listing details
- Price per square foot: $460/sqft
- Tax assessed value: $301,100
- Annual tax amount: $3,398
- Date on market: 7/6/2026
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
- Total actual rent: 42500
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Listed for sale | $540,000+145.5%$460/sqft |
Source:  Bright MLS #DENC2106236 Report a problem | ||
| 10/9/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/11/2023 | Listed for rent | $3,100+19.2%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/22/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/14/2021 | Price change | $2,600-3.7%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/25/2021 | Listed for rent | $2,700+17.4%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/27/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/24/2020 | Listing removed | $2,300$2/sqft |
Source: Owner Report a problem | ||
| 9/7/2020 | Price change | $2,300+2.2%$2/sqft |
Source: Owner Report a problem | ||
| 7/9/2020 | Price change | $2,250+2.3%$2/sqft |
Source: Owner Report a problem | ||
| 7/1/2020 | Listed for rent | $2,200$2/sqft |
Source: Owner Report a problem | ||
| 9/10/2019 | Listing removed | $2,200$2/sqft |
Source: Owner Report a problem | ||
| 6/23/2019 | Listed for rent | $2,200$2/sqft |
Source: Owner Report a problem | ||
| 8/6/2013 | Sold | $220,000$187/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $301,100 +632.6% |
| 2024 | $1,523 +2.5% | $41,100 |
| 2023 | $1,486 +1.1% | $41,100 |
| 2022 | $1,470 +2.6% | $41,100 |
| 2021 | $1,433 +3% | $41,100 |
| 2020 | $1,391 +14.1% | $41,100 |
| 2019 | $1,220 +5.5% | $41,100 |
| 2017 | $1,156 +0.3% | $41,100 |
| 2016 | $1,153 | $41,100 |
| 2015 | $1,153 +11.6% | $41,100 |
| 2014 | $1,033 | $41,100 |
| 2013 | -- | $41,100 |
| 2012 | -- | $41,100 |
| 2011 | -- | $41,100 |
| 2010 | -- | $41,100 |
| 2009 | -- | $41,100 |
| 2008 | -- | $41,100 |
| 2007 | -- | $41,100 |
| 2006 | -- | $41,100 |
| 2005 | -- | $41,100 |
| 2004 | -- | $41,100 |
| 2003 | -- | $41,100 |
| 2002 | -- | $41,100 |
| 2001 | -- | $41,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 19711
Nearby schools
GreatSchools rating
- 7/10Downes (John R.) Elementary SchoolGrades: K-5Distance: 0.9 mi
- 3/10Shue-Medill Middle SchoolGrades: 6-8Distance: 3.1 mi
- 3/10Newark High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Downes
- Middle: Shue-medill
- High: Newark
- District: Christina
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local lender can help you make sure your offer is ready when you are.
- Delaware
- New Castle County
- Newark
- 19711
- 5 Terry Ln
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