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298 Cherry Ln; New Castle, DE Property Details

298 Cherry Ln, New Castle, DE is a Commercial Office that was built in 1989. This property is currently Financed and is not for sale. Our records show that 298 Cherry Ln has a total of 3,433 square feet. The lot size of 298 Cherry Ln is 121,968 square feet.

Off market
298 Cherry Ln New Castle, DE 19720
$2,578,400 Estimated Value
3,433 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1989
  • Purchase Price: $4,800,000
  • Open Loans / Balance: 1 / $3,505,100
  • APN: 10-015.40-371
  • Situs County: New Castle
  • Length Of Ownership: 1 year, 6 months

Structure

  • Building Style: Concrete
  • Stories: 1
  • Exterior Wall Type: Concrete Block
  • Building Condition: Good
  • Building Quality: C
  • Sewer Type: Yes

Measurements

  • Total: 3,433/SqFt
  • Lot: 121,968/SqFt
  • Gross: 3,433/SqFt
  • Living: 3,433/SqFt
  • Building: 3,433/SqFt
  • Ground: 3,433/SqFt
  • Price Per Square Foot: $1398.19
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Colonial School District
  • Lat / Lon: 39.689636 / -75.54665
  • Subdivision: Riveredge Park
  • Property Class: Office
  • Zoning: HI
  • County Use Code: 310

Amenities

  • Plus Four: 2776
  • Cooling: Yes
  • Heating: Yes

Ownership Info

298 Cherry Ln has no associated ownership info
298 Cherry Ln has no associated ownership info.

Taxes

298 Cherry Ln has 7 associated Taxes items

298 Cherry Ln, New Castle, DE pays taxes in New Castle County, DE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $2,578,400. The APN we've located for 298 Cherry Ln is 10-015.40-371.

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Taxes
  • Assessed Value:  $2,578,400
  • Assessed Year:  2025
  • Assessed County:  New Castle
  • APN:  10-015.40-371
  • Assessed Land Value:  364000
  • Tax Amount:  26977.28
  • Tax Year:  2025

Tax History

298 Cherry Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,578,400 Land Value $364,000 Improvement Value $2,214,400 Tax Amount $26,977.28 Change Rate +0.040852% Assessed CR Tax Rate +0.010463%
Year 2024 Assessed Value $777,200 Land Value $98,000 Improvement Value $679,200 Tax Amount $25,918.45 Change Rate +0.088568% Assessed CR Tax Rate +0.033348%
Year 2023 Assessed Value $777,200 Land Value $98,000 Improvement Value $679,200 Tax Amount $23,809.68 Change Rate -0.033664% Assessed CR Tax Rate +0.030635%
Year 2022 Assessed Value $777,200 Land Value $98,000 Improvement Value $679,200 Tax Amount $24,639.12 Change Rate -0.000119% Assessed CR Tax Rate +0.031702%
Year 2021 Assessed Value $777,200 Land Value $98,000 Improvement Value $679,200 Tax Amount $24,642.06 Change Rate -0.006679% Assessed CR Tax Rate +0.031706%
Year 2020 Assessed Value $777,200 Land Value $98,000 Improvement Value $679,200 Tax Amount $24,807.76 Change Rate +0.001933% Assessed CR Tax Rate +0.031919%
Year 2019 Assessed Value $777,200 Land Value $98,000 Improvement Value $679,200 Tax Amount $24,759.89 Change Rate +1979.7913% Assessed CR Tax Rate +0.031858%
Year 2018 Assessed Value $777,200 Land Value $98,000 Improvement Value $679,200 Tax Amount $12.5 Change Rate Assessed CR Tax Rate +0.000016%
Year 2017 Assessed Value $777,200 Land Value $98,000 Improvement Value $679,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $777,200 Land Value $98,000 Improvement Value $679,200 Tax Amount $20,279.94 Change Rate -0.000303% Assessed CR Tax Rate +0.026094%
Year 2015 Assessed Value $777,200 Land Value $98,000 Improvement Value $679,200 Tax Amount $20,286.08 Change Rate -0.000506% Assessed CR Tax Rate +0.026101%
Year 2014 Assessed Value $777,200 Land Value $98,000 Improvement Value $679,200 Tax Amount $20,296.34 Change Rate Assessed CR Tax Rate +0.026115%