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1562 Smith Way; Newark, DE Property Details

1562 Smith Way, Newark, DE is a Single Family that was built in 1941. This property is not for sale. Our records show that 1562 Smith Way has 3 bedrooms, and 1.5 bathrooms, and a total of 1,479 square feet. The lot size of 1562 Smith Way is 154,638 square feet.

Off market
1562 Smith Way Newark, DE 19702
$535,500 Estimated Value
3 Beds
1.5 Baths
1,479 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1941
  • Purchase Price: $350,000
  • Est. Equity / %: $688,000 / 100%
  • Gross Yield: 7.06%
  • APN: 11-012.00-060
  • Situs County: New Castle
  • Length Of Ownership: 21 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,479/SqFt
  • Lot: 154,638/SqFt
  • Gross: 1,479/SqFt
  • Garage: 2,400/SqFt
  • Living: 1,479/SqFt
  • Building: 1,479/SqFt
  • Ground: 896/SqFt
  • Price Per Square Foot: $236.65
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Christina School District
  • Lat / Lon: 39.63284 / -75.772835
  • Subdivision: Bonner Subd
  • Property Class: Residential
  • Zoning: S
  • County Use Code: 011

Amenities

  • Plus Four: 2018
  • Bathroom Fixtures: 8
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 12

Ownership Info

1562 Smith Way has no associated ownership info
1562 Smith Way has no associated ownership info.

Taxes

1562 Smith Way has 7 associated Taxes items

1562 Smith Way, Newark, 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 $535,500. The APN we've located for 1562 Smith Way is 11-012.00-060.

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Taxes
  • Assessed Value:  $535,500
  • Assessed Year:  2025
  • Assessed County:  New Castle
  • APN:  11-012.00-060
  • Assessed Land Value:  205800
  • Market Value:  486810
  • Market Year:  2024

Tax History

1562 Smith Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $535,500 Land Value $205,800 Improvement Value $329,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $66,800 Land Value $28,100 Improvement Value $38,700 Tax Amount $2,844.44 Change Rate +0.028165% Assessed CR Tax Rate +0.042581%
Year 2023 Assessed Value $66,800 Land Value $28,100 Improvement Value $38,700 Tax Amount $2,766.52 Change Rate +0.002341% Assessed CR Tax Rate +0.041415%
Year 2022 Assessed Value $66,800 Land Value $28,100 Improvement Value $38,700 Tax Amount $2,760.06 Change Rate +0.021548% Assessed CR Tax Rate +0.041318%
Year 2021 Assessed Value $66,800 Land Value $28,100 Improvement Value $38,700 Tax Amount $2,701.84 Change Rate +0.026656% Assessed CR Tax Rate +0.040447%
Year 2020 Assessed Value $66,800 Land Value $28,100 Improvement Value $38,700 Tax Amount $2,631.69 Change Rate +0.131627% Assessed CR Tax Rate +0.039397%
Year 2019 Assessed Value $66,800 Land Value $28,100 Improvement Value $38,700 Tax Amount $2,325.58 Change Rate +0.026869% Assessed CR Tax Rate +0.034814%
Year 2018 Assessed Value $66,800 Land Value $28,100 Improvement Value $38,700 Tax Amount $2,264.73 Change Rate Assessed CR Tax Rate +0.033903%
Year 2017 Assessed Value $66,800 Land Value $28,100 Improvement Value $38,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $66,800 Land Value $28,100 Improvement Value $38,700 Tax Amount $2,178.98 Change Rate +0.097756% Assessed CR Tax Rate +0.032619%
Year 2015 Assessed Value $66,800 Land Value $28,100 Improvement Value $38,700 Tax Amount $1,984.94 Change Rate +0.000302% Assessed CR Tax Rate +0.029715%
Year 2014 Assessed Value $66,800 Land Value $28,100 Improvement Value $38,700 Tax Amount $1,984.34 Change Rate Assessed CR Tax Rate +0.029706%