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$350,000   Price Analysis
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91 Old Red Mill Rd
Newark, DE 19711
0 bed 0 bath unknown SqFt ($0/SqFt)
0.73 acre lot. Built 1726
Listed 2024-07-05, Taxes $757
USDA Eligible
near Newark, DE
 

Welcome to a slice of history in Newark

Delaware, where this historic mill presents an extraordinary opportunity. Situated on a lush .7-acre plot, this unique s tructure backs up to the picturesque White Clay Creek, offering serene views and a tranquil setting. Imagine the possibilities as this mill, brmming with character, could be transformed into a stunning single-family home or a collection of townhomes. It's a blank canvas for those with a vision to create a living space that blends historical charm with modern living. The mill is not limited to residential conversion.

It also holds immense potential as a workshop or studio, ideal for artisans, craftsmen or anyone with a hobby that requires space and inspiration. The ambiance here is right for creativity and productivity to flourish. Importantly, the mill is already connected to public sewer and has electric, laying the groundwork for renovation and reducing initial development hurdles. This feature is invaluable, saving time and resources as you embark on transforming this space. This property is not a building; it's a chance to own and shape a piece of history, making it a personal dream project or an investment with significant upside. For those who see the beauty in the old and the potential in the new, this historic mill in Newark is an opportunity waiting to be seized.


Presented by Amanda Defilippis at
Crown Homes Real Estate.


Property MLS #DENC2064166 from BrightMLS

Bedrooms: 0

Total Bathrooms: 0

Water access

Lot Size Acres: 0.7300046
Lot Size Square Feet: 31799

Parking Features: Driveway Spaces: 2
Parking Total: 2

View: River

Association: No
Calculated Total Monthly Association Fees: 0

School District: CHRISTINA

Shue-Medill Middle School is a public middle school located approximately 0.4 miles away.
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Maclary (R. Elisabeth) Elementary School is a public elementary school located approximately 1.6 miles away.
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Newark High School is a public high school located approximately 1.8 miles away.
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Diamond Christian Academy is a private middle and high school located approximately 0.5 miles away.
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Annual Tax Amount: 756.0
Source Listing Status: Active
County: NEW CASTLE
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: NEW CASTLE
Postal Code Plus 4: 6671
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$2,000 + $16,300
$18,300
$757
2022$2,000 + $16,300
$18,300
$756
2021$2,000 + $16,300
$18,300
$740
2020$2,000 + $16,300
$18,300
$720
2019$2,000 + $16,300
$18,300
$637
2018$2,000 + $16,300
$18,300
$620
2017$2,000 + $16,300
$18,300
$598
2016$2,000 + $16,300
$18,300
$596
2015$2,000 + $16,300
$18,300
$543
2014$2,000 + $16,300
$18,300
$543
2013$2,000 + $16,300
$18,300
$525
2012$2,000 + $16,300
$18,300
$514
2011$2,000 + $16,300
$18,300
$483
2010$2,000 + $16,300
$18,300
$461
2009$2,000 + $16,300
$18,300
$434
2008$2,000 + $16,300
$18,300
$410
2007$2,000 + $16,300
$18,300
$436

Listed 2024-07-05
$350,000
BrightMLS
Listing removed 2024-04-14
$0
BrightMLS
Listed 2023-11-21
$450,000
BrightMLS

Year Built: 1726
Construction Materials: Stone, Wood Siding
Property Age: 298
Levels or Stories: 2
Structure Type: Detached
House Style: Craftsman
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.