Large Location Icon

197 Possum Park Rd; Newark, DE Property Details

197 Possum Park Rd, Newark, DE is a Commercial Office that was built in 1850. This property is currently Financed and is not for sale. Our records show that 197 Possum Park Rd has 4 bedrooms, and 2 bathrooms, and a total of 3,081 square feet. The lot size of 197 Possum Park Rd is 48,787 square feet.

Off market
197 Possum Park Rd Newark, DE 19711
$687,300 Estimated Value
4 Beds
2 Baths
3,081 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1850
  • Purchase Price: $650,000
  • Open Loans / Balance: 1 / $486,161
  • APN: 08-053.10-058
  • Situs County: New Castle
  • Length Of Ownership: 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 10

Structure

  • Building Style: Concrete
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Very Good
  • Building Quality: C
  • Pool Type: Yes
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes

Measurements

  • Total: 3,081/SqFt
  • Lot: 48,787/SqFt
  • Gross: 3,081/SqFt
  • Living: 3,081/SqFt
  • Building: 3,081/SqFt
  • Ground: 2,235/SqFt
  • Price Per Square Foot: $210.97
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Christina School District
  • Lat / Lon: 39.70517 / -75.7312
  • Subdivision: Possum Park Prof Ctr
  • Property Class: Office
  • Zoning: ON
  • County Use Code: 310

Amenities

  • Pool: true
  • Plus Four: 3817
  • Bathroom Fixtures: 12
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

197 Possum Park Rd has no associated ownership info
197 Possum Park Rd has no associated ownership info.

Taxes

197 Possum Park Rd has 9 associated Taxes items

197 Possum Park Rd, 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 $687,300. The APN we've located for 197 Possum Park Rd is 08-053.10-058.

Unlock the full report
Taxes
  • Assessed Value:  $687,300
  • Assessed Year:  2025
  • Assessed County:  New Castle
  • APN:  08-053.10-058
  • Assessed Land Value:  246400
  • Tax Amount:  3496.49
  • Tax Year:  2025
  • Market Value:  521010
  • Market Year:  2024

Tax History

197 Possum Park Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $687,300 Land Value $246,400 Improvement Value $440,900 Tax Amount $3,496.49 Change Rate -0.425382% Assessed CR Tax Rate +0.005087%
Year 2024 Assessed Value $142,900 Land Value $19,300 Improvement Value $123,600 Tax Amount $6,084.89 Change Rate +0.028167% Assessed CR Tax Rate +0.042581%
Year 2023 Assessed Value $142,900 Land Value $19,300 Improvement Value $123,600 Tax Amount $5,918.19 Change Rate +0.002337% Assessed CR Tax Rate +0.041415%
Year 2022 Assessed Value $142,900 Land Value $19,300 Improvement Value $123,600 Tax Amount $5,904.39 Change Rate +0.021549% Assessed CR Tax Rate +0.041318%
Year 2021 Assessed Value $142,900 Land Value $19,300 Improvement Value $123,600 Tax Amount $5,779.84 Change Rate +0.026658% Assessed CR Tax Rate +0.040447%
Year 2020 Assessed Value $142,900 Land Value $19,300 Improvement Value $123,600 Tax Amount $5,629.76 Change Rate +35.485806% Assessed CR Tax Rate +0.039397%
Year 2019 Assessed Value $142,900 Land Value $19,300 Improvement Value $123,600 Tax Amount $154.3 Change Rate +0.34396% Assessed CR Tax Rate +0.00108%
Year 2018 Assessed Value $142,900 Land Value $19,300 Improvement Value $123,600 Tax Amount $114.81 Change Rate Assessed CR Tax Rate +0.000803%
Year 2017 Assessed Value $142,900 Land Value $19,300 Improvement Value $123,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $142,900 Land Value $19,300 Improvement Value $123,600 Tax Amount $4,661.33 Change Rate +0.097755% Assessed CR Tax Rate +0.03262%
Year 2015 Assessed Value $142,900 Land Value $19,300 Improvement Value $123,600 Tax Amount $4,246.24 Change Rate +0.000299% Assessed CR Tax Rate +0.029715%
Year 2014 Assessed Value $142,900 Land Value $19,300 Improvement Value $123,600 Tax Amount $4,244.97 Change Rate Assessed CR Tax Rate +0.029706%