Whether you’re looking for a lucrative rental property or a comfortable first home, this single-story gem is a fantastic opportunity. 3 bedroom, 2 full-bath residence offers a spacious open layout with an attached 2 car garage on a 1 acre lot. With 3 distinct living areas (Family Room, Living Room, Sunroom or Office), you’ll have ample room to relax. Step outside onto 1 of the 2 the expansive composite decks that overlook a generous 1-acre lot. The patio is ideal for entertaining and the yard has recently been cleared and seeded. Private lot with no HOA or restrictions, yet conveniently located near Newark Charter School, the University of Delaware, and the Newark train station. Excellent rental producing income!
Single-familyProperty Type
1960Year Built
0.85 acresLot Size
$246Price/Sq.Ft.
2 car garageParking
Listed by Stephanie DePaolantonio• Coldwell Banker Realty
Amazing investment opportunity to own a 1 acre parcel within Newark Charter School limits, close to UD Campus, I-95 and the Newark train station. The home located on this property is a tear down and will not be accessible for showings. CASH ONLY. Sold AS IS with no contingencies. No repairs or credits toward repairs will be offered by the seller. All remaining personal property in the home will transfer with the sale and become the responsibility of the buyer. Options for this property are endless! Seller paying for a staked property survey and new legal description. QUICK SETTLEMENT AVAILABLE.
BRIGHT MLS #DENC526566
Jun 7, 2021
Pending
—
Jun 7, 2021
Listing Removed
—
Jun 5, 2021
Price Changed
$145,000
$89/sq ft
Jun 3, 2021
Relisted
—
May 26, 2021
Pending
—
May 22, 2021
Listed
$167,000
$103/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,842 (+109.8%)
$151,000 + $331,100
$482,100
2024
$2,308 (−16.2%)
$151,000 + $331,100
$482,100
2023
$2,755 (+23.0%)
$18,400 + $35,800
$54,200
2022
$2,239 (+2.2%)
$18,400 + $35,800
$54,200
2021
$2,192 (+20.9%)
$18,400 + $35,800
$54,200
2020
$1,813 (−3.9%)
$18,400 + $35,800
$54,200
2019
$1,887 (+2.7%)
$18,400 + $35,800
$54,200
2018
$1,838 (+3.7%)
$18,400 + $35,800
$54,200
2017
$1,772 (+0.3%)
$18,400 + $35,800
$54,200
2016
$1,767 (+9.8%)
$18,400 + $35,800
$54,200
2015
$1,610
$18,400 + $35,800
$54,200
2014
$1,610 (+3.4%)
$18,400 + $35,800
$54,200
2013
$1,556 (+2.1%)
$18,400 + $35,800
$54,200
2012
$1,524
$18,400 + $35,800
$54,200
Public record
Beds
3
Baths
1.5
Stories
1
Lot width
250 ft.
Lot depth
180 ft.
Lot size
1 Acre
Year renovated
—
Finished Sq. Ft.
1,625
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,625
Year built
1960
Style
Single Family Residential
County
New Castle County
APN
1100900038
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 1, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
6 days above 104° expected this year, 13 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Newark, DE • 19702
Average low and high temperatures (°F)
37
23
42
27
60
38
68
46
74
55
85
64
89
71
84
65
79
61
70
47
57
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 202 Welsh Tract Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $440,000 and $565,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $440K to $565K.