Taxes
- Assessed Value: $4,894,300
- Assessed Year: 2025
- Assessed County: New Castle
- APN: 09-029.00-028
- Assessed Land Value: 418000
- Tax Amount: 20958.86
- Tax Year: 2025
254 Chapman Rd; Newark, DE Property Details
Off market
254 Chapman Rd Newark, DE 19702
$4,894,300 Estimated Value
26,488 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1982
- Purchase Price: $2,400,000
- Open Loans / Balance: 1 / $1,794,860
- APN: 09-029.00-028
- Situs County: New Castle
- Length Of Ownership: 7 months
Structure
- Building Style: Concrete
- Stories: 2
- Exterior Wall Type: Brick
- Building Condition: Good
- Building Quality: C
- Sewer Type: Yes
Measurements
- Total: 26,488/SqFt
- Lot: 82,764/SqFt
- Gross: 26,488/SqFt
- Living: 26,488/SqFt
- Building: 26,488/SqFt
- Ground: 13,160/SqFt
- Price Per Square Foot: $90.61
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: 39.667934 / -75.677536
- Subdivision: Univ Plza Off Pk 2
- Property Class: Office
- Zoning: CR
- County Use Code: 310
Amenities
- Plus Four: 5413
- Cooling: Yes
- Heating: Yes
Ownership Info
254 Chapman Rd has no associated ownership info
254 Chapman Rd has no associated ownership info.
Taxes
254 Chapman Rd has 7 associated Taxes items
254 Chapman 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 $4,894,300. The APN we've located for 254 Chapman Rd is 09-029.00-028.
Unlock the full reportTax History
254 Chapman Rd has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $4,894,300 | Land Value $418,000 | Improvement Value $4,476,300 | Tax Amount $20,958.86 | Change Rate -0.664755% | Assessed CR | Tax Rate +0.004282% |
| Year 2024 | Assessed Value $1,468,200 | Land Value $220,200 | Improvement Value $1,248,000 | Tax Amount $62,518.01 | Change Rate +0.019262% | Assessed CR | Tax Rate +0.042581% |
| Year 2023 | Assessed Value $1,468,200 | Land Value $220,200 | Improvement Value $1,248,000 | Tax Amount $61,336.53 | Change Rate +0.011094% | Assessed CR | Tax Rate +0.041777% |
| Year 2022 | Assessed Value $1,468,200 | Land Value $220,200 | Improvement Value $1,248,000 | Tax Amount $60,663.53 | Change Rate +0.021549% | Assessed CR | Tax Rate +0.041318% |
| Year 2021 | Assessed Value $1,468,200 | Land Value $220,200 | Improvement Value $1,248,000 | Tax Amount $59,383.85 | Change Rate +0.026657% | Assessed CR | Tax Rate +0.040447% |
| Year 2020 | Assessed Value $1,468,200 | Land Value $220,200 | Improvement Value $1,248,000 | Tax Amount $57,841.93 | Change Rate +0.131625% | Assessed CR | Tax Rate +0.039396% |
| Year 2019 | Assessed Value $1,468,200 | Land Value $220,200 | Improvement Value $1,248,000 | Tax Amount $51,114.06 | Change Rate +467.63538% | Assessed CR | Tax Rate +0.034814% |
| Year 2018 | Assessed Value $1,468,200 | Land Value $220,200 | Improvement Value $1,248,000 | Tax Amount $109.07 | Change Rate | Assessed CR | Tax Rate +0.000074% |
| Year 2017 | Assessed Value $1,468,200 | Land Value $220,200 | Improvement Value $1,248,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $1,468,200 | Land Value $220,200 | Improvement Value $1,248,000 | Tax Amount $47,891.95 | Change Rate +0.229411% | Assessed CR | Tax Rate +0.03262% |
| Year 2015 | Assessed Value $1,468,200 | Land Value $220,200 | Improvement Value $1,248,000 | Tax Amount $38,955.19 | Change Rate -0.10682% | Assessed CR | Tax Rate +0.026533% |
| Year 2014 | Assessed Value $1,468,200 | Land Value $220,200 | Improvement Value $1,248,000 | Tax Amount $43,614.06 | Change Rate | Assessed CR | Tax Rate +0.029706% |