OFF MARKET
Off Market Aug 2010 for $210K
$298,043
Est. refi paymentEst. refi $1,644/mo
6
bd
2 ba
2,700
sq ft

331-333 Paper Mill Rd, Newark, DE 19711

map-entry

About this home

APPROVED SHORT SALE AT THIS PRICE!! QUICK SETTLEMENT POSSIBLE! City of Newark duplex close to U. of D. Each has two 2nd floor bedrooms & a large 1st flr room, which can be used as a 3rd bedroom. This would maximize the income (previously $1,400 per unit with a 4-person rental permit per unit). Buyer must ascertain as to whether or not the 4-person permit(s) are still current. Windows & some system upgrades were made within the past few years. 1 unit is ready to go; the other will require some elbow grease; But will earn its new owner $1000's in "Sweat Equity"! This property last sold in 2005 for $345,000! So how's that for value!!!? "Listing price may not be sufficient to cover all encumbrances, closing costs or other seller charges. Sale of property at full listing price may be conditioned upon 3rd party approval. Call for details. All non-cash offers must pre-qualify though seller's Lender. No FHA or VA offers please. Buyer must include the attached "presentation of offers" addendum with any offer.

Multi-familyProperty Type
1921Year Built
0.43 acresLot Size
$110Est. Price/Sq.Ft.
7 spacesParking
Listed by Eddie RIGGIN RE/MAX Elite
302-234-2500 (broker)
Bought with RE/MAX Edge
302-442-4200 (broker)
Redfin checked: 2 minutes ago
Source:BRIGHT MLS #1004885522

Redfin Estimate

$298,043
$88K since sold in August 2010$1,000 since August

This home's estimate is 34.2% lower than the average sale price ($453K) of 6 comparable homes.

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Earn from this home

Sell
$176,851
Est. take-home

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Refinance
$0
Est. cash available

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Market trends in 19711, DE

Sale history for 331-333 Paper Mill Rd

Tax history for 331-333 Paper Mill Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds
6
Baths
2
Stories
2
Lot width
64 ft.
Lot depth
286 ft.
Lot size
0.43 Acres
Year renovated
Sq. Ft.
2,700
Year built
1920
Style
Multi-Family (2-4 Unit)
County
New Castle County
APN
1800800012
Parking Spaces
Basement
Accessible
HOA Dues
Garage
Features
Last updated by owner on Jul 2, 2026.

Property details

Around this home

Schools

Downes (John R.) Elementary School

Public K-5 • Assigned • 1.6mi

7/10
Shue-Medill Middle School

Public 6-8 • Assigned • 2.4mi

3/10
Newark High School

Public 9-12 • Assigned • 1.0mi

3/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

7/10 Heat Factor

7 days above 103° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Newark, DE • 19711
Average low and high temperatures (°F)
35
22
40
26
58
37
66
46
71
54
82
64
86
70
80
61
76
60
67
47
56
39
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$284,000 – $343,000

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Property information provided by BRIGHT MLS when last listed in 2010. This data may not match public records. Learn more.
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GreatSchools Ratings provided by GreatSchools.org.