1035 Matthew Way, New Castle, DE 19720

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APN: 12-027.10-053

1035 Matthew Way, New Castle, DE 19720

Lot

Land Use
Residential Vacant Land
Lot Area (SF)
Lot Area (Acres)
Zoning
Frontage
Depth

Building

Year Built
Year Renovated
Stories
Number of Buildings
Existing Floor Area Ratio
Commercial Units
Residential Units
Total Units
Building Area
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Reported Ownership

Reported Owner
Mailing Address

Contact Information

Phone Number
Email Address
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Recorded Sales

Date Sales Price Buyer Seller Sales Doc # Multi-Property Sale
2018-02-28
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Mortgage Records

Date Lender(s) Amount Doc # Maturity Date Crossed-Debt Parcels
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Tax Data

2017
Total Assessed Value
Assessed Land Value
Assessed Improvement Value
Total Market Value
Land Market Value
Improvements Market Value
Tax Amount
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Popular searches around New Castle

Reonomy operates the most comprehensive database for New Castle Land and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of New Castle commercial real estate professionals. Members from New Castle include brokers, investors and service providers, many of whom specialize in New Castle Land.

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New Castle land sold prices and values

The average assessed value of land parcels in New Castle is $24,206. Land sale prices in New Castle have a median of $490,533. The last 24 months of sales history has seen 138 sales, with 93 sales greater than $250,000, 2 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of land parcels in New Castle over the last 24 months is $143.

Values and sold prices (last 24 months) United States Delaware New Castle
Average price/sqft $788 $185 $150
Median price/sqft $132 $164 $143
Average sold price $691,279 $546,155 $447,010
Median sold price $175,034 $313,587 $490,533
Number of sales 2,589,967 10,727 138
Number of sales over $250k 998,688 6,689 93
Number of sales over $1m 157,279 895 2
Number of sales over $10m 19,084 2 --
Average total tax amount $1,219 $450 $681
Average assessed value $58,978 $20,763 $24,206
Average market value $79,332 $44,497 --

New Castle land property averages

The average lot size of land parcels in New Castle is 9,979 sf. This is 14% below the Delaware average.

Property averages United States Delaware New Castle
Average lot size 659,189 sf 89,351 sf 136,694 sf
Median lot size 23,457 sf 11,540 sf 9,979 sf
Average building area 480 sf 157 sf 121 sf
Median building area 104 sf 134 sf 128 sf
Median year built 1988 1998 2016
Average number of units 13 84 11
Median number of units -- 46 9

New Castle land total supply

There are 1,813 land parcels in New Castle. This is 190% below the Delaware average. The total acerage is 3,913 acres and the aggregate building area for land parcels in New Castle is 14,723 sf.

Supply United States Delaware New Castle
Number of parcels 32,301,290 77,136 1,813
Aggregate lot acerage 420,751,759 96,770 3,913
Aggregate building area 916,715,708 sf 1,110,932 sf 14,723 sf
Aggregate units 7,825,008 73,416 102

New Castle land industrial mortgages

There are 1,354 mortgages for land parcels across New Castle in the Reonomy database. The average value of those mortgages is $17,277,941. This is 84% above the Delaware average.

Debt United States Delaware New Castle
Number of mortgages 15,185,662 62,977 1,354
Average value of mortgages $3,999,411 $6,993,213 $17,277,941

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