$115,000 2138 Old Kirkwood Rd Bear, DE

MLS: 6804713   Type: Lot-Land   County: New Castle   City: Bear   Area: Newark-glasgow   Neighborhood: Rolling Meadows   Zip: 19701   Style: OneBldgLot     Taxes: $921

Mortgage $540 /mo



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Vacant Lot in Rolling Meadows. To the best of seller's knowledge: Property is zoned NC21. Front and rear set back 40' side yard set back 10'. A mobile home can be placed on the property but must be at least 750 sq ft. Property has a propane tank on site, Artesian (public) water, and a newer septic which was replaced in 2011 (based on previous owners communication). Septic Inspection Report is available from 2-24-14 at time of the current owner's purchase. NCC states a 3 bedroom is allowable using the existing septic system. Rear of property was tested when new septic was installed and is approved for a new septic if need be in the future. Buyer is responsible to complete their due diligence and verify the above statements with the proper resources at New Castle County. Seller will not be held liable for the above statements and simple reached out to the county to provide possible options for this land. Open Permits are active and will be closed as this owner just removed the previously existing structure due to severe damage. Here are the guidelines for the Lot Loans: 75% max loan to value ? Purchaser to put 25% down to make the purchase, and an appraisal would need to be completed. 1-3 year "balloon" term (must be paid in full within 36 months). 1% of the loan amount will be charged as a fee. Interest rates are currently as low as 6.64% (highest credit tier with automatic payment from a Fulton Account) and as high as 9.89% (lowest credit tier without the auto draft) Interest only payments during the time the loan is outstanding for $86,250 (115,000-25%)

Elementary School

Middle School

High School

Distance: 1.32 Miles
Distance: 3.23 Miles
Distance: 8.49 Miles

Price History

6/3/2016 Listed $115,000

Condoassociation N
Is Twin No
Listing Area Newark/Glasgow
Property Type Lot-Land
School District Colonial - New Castl
Zoning NC21

Exterior Features

Land Use OneBldgLot
Lot Dimensions 90X500
Sewer OnSiteSeptic
Structures N
Water Public
Waterfront Property N

Property Schools

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Property vs Zip Code Avg (19701)

Price 115K Avg 138K

Taxes $921 Avg $544

Acres 1.23 Avg 2.7

Visits 29 Avg 27

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Listing Provided Courtesy Of: Long & Foster - Greenville

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Location & Address

eXp Realty Delaware
State Broker of Record is located at 144 Kings Hwy, Suite 301, Dover, DE 19
Dover, DE