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.
Sold for $280,000
$280,000
72 Ray St, Newark, DE 19711
3beds
1,725sqft
Single Family Residence
Built in 1963
0.31 Acres Lot
$346,000 Zestimate®
$162/sqft
$2,663 Estimated rent
Home value
$346,000
$318,000 - $377,000
$2,663/mo
Zestimate® history
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$1,342/mo
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Zillow last checked:
Listing updated:
Listed by:
Melvin Sarpey 302-312-6042,
Tesla Realty Group, LLC,
Co-Listing Agent: Dorothy Sarpey 302-345-6122,
Tesla Realty Group, LLC
Bought with:
Michael Dutt, R3-0012951
Patterson-Schwartz-Newark
Source: Bright MLS,MLS#: DENC2045252
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 3
Basement
- Area: 578
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Exterior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,725
- Total interior livable area: 1,725 sqft
- Finished area above ground: 1,147
- Finished area below ground: 578
Property
Parking
- Parking features: Off Street
Accessibility
- Accessibility features: Stair Lift, Accessible Entrance
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.31 Acres
- Dimensions: 70.00 x 208.90
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 18013.00138
- Zoning: 18RD
- Special conditions: Short Sale
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Newark
- Subdivision: Newark
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Listing removed | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/10/2026 | Price change | $2,500-28.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/13/2026 | Listed for rent | $3,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/31/2024 | Sold | $280,000-21.1%$162/sqft |
Source:  Bright MLS #DENC2045252 Report a problem | ||
| 1/11/2024 | Pending sale | $355,000$206/sqft |
Source: Bright MLS #DENC2045252 Report a problem | ||
| 11/3/2023 | Listing removed | -- |
Source: Bright MLS #DENC2045252 Report a problem | ||
| 10/9/2023 | Price change | $355,000-1.4%$206/sqft |
Source: Bright MLS #DENC2045252 Report a problem | ||
| 9/21/2023 | Price change | $360,000-1.4%$209/sqft |
Source: Bright MLS #DENC2045252 Report a problem | ||
| 8/30/2023 | Listed for sale | $365,000$212/sqft |
Source: Bright MLS #DENC2045252 Report a problem | ||
| 7/23/2023 | Pending sale | $365,000$212/sqft |
Source: Bright MLS #DENC2045252 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $336,500 +480.2% |
| 2024 | $2,149 +42% | $58,000 |
| 2023 | $1,513 +1.7% | $58,000 |
| 2022 | $1,488 -3.1% | $58,000 |
| 2021 | $1,535 +4% | $58,000 |
| 2020 | $1,475 +20.8% | $58,000 |
| 2019 | $1,222 +6.6% | $58,000 |
| 2017 | $1,146 +10% | $58,000 |
| 2016 | $1,042 | $58,000 |
| 2015 | $1,042 | $58,000 |
| 2014 | -- | $58,000 |
| 2013 | -- | $58,000 |
| 2012 | -- | $58,000 |
| 2011 | -- | $58,000 |
| 2010 | -- | $58,000 |
| 2009 | -- | $58,000 |
| 2008 | -- | $58,000 |
| 2007 | -- | $58,000 |
| 2006 | -- | $58,000 |
| 2005 | -- | $58,000 |
| 2004 | -- | $58,000 |
| 2003 | -- | $58,000 |
| 2002 | -- | $58,000 |
| 2001 | -- | $58,000 |
Find assessor info on the county website
Neighborhood: 19711
Nearby schools
GreatSchools rating
- 7/10Downes (John R.) Elementary SchoolGrades: K-5Distance: 1.1 mi
- 3/10Shue-Medill Middle SchoolGrades: 6-8Distance: 2.9 mi
- 3/10Newark High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- 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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Estimated market value
$346,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$346,000
- Delaware
- New Castle County
- Newark
- 19711
- 72 Ray St
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