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309 Possum ParkNewark, DE 19711

  • Specialty properties
  • 2,142 SF
Off market
$120,879 Estimated

Property Details for 309 Possum Park

Year built
1961
Construction
CONCRETE
Lot size
0.77 AC
Property size (Sq ft)
2,142 SF
Zone code
NC21
Property type
Specialty properties
Property subtype
Day care centers & nurseries
APN
08-047.00-073
APU
804700073

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $894,834
    6.5%
    $826,000
    7%
    $767,000

  • Comparable approach

    Method
    Valuation
    Method 1
    $522,401
    Method 2
    $321,855

  • Alternative Use

    Use
    Valuation
    Residential
    $1,047,816
    Hospitality
    $959,794
    Educational
    $798,537
    Medical
    $826,000
    Retail
    $1,242,169
309 Possum Park, Newark, Delaware

Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.7115
Longitude
-75.7364
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $82,300
  • Assessed land value
    $17,600
  • Assessed value
    $99,900
  • Tax year
    2023
  • Tax bill
    $7,568

Comparable in this City

  • 50 Polly Drummond Hl

    DAY CARE, PRE-SCHOOL • 6,409 SF

    Estimated
    $484,847
    50 Polly Drummond Hl
    Newark, DE
    View Details

  • 921 Barksdale

    DAY CARE, PRE-SCHOOL • 14,522 SF

    Estimated
    $947,067
    921 Barksdale
    Newark, DE
    View Details

  • 1520 Casho Ml

    DAY CARE, PRE-SCHOOL • 5,800 SF

    Estimated
    $458,227
    1520 Casho Ml
    Newark, DE
    View Details

  • 50 Meadowood

    DAY CARE, PRE-SCHOOL • 5,800 SF

    Estimated
    $385,506
    50 Meadowood
    Newark, DE
    View Details

  • 701 Old Harmony

    DAY CARE, PRE-SCHOOL • 4,000 SF

    Estimated
    $332,024
    701 Old Harmony
    Newark, DE
    View Details

  • 345 Polly Drummond Hl

    DAY CARE, PRE-SCHOOL • 7,068 SF

    Estimated
    $600,281
    345 Polly Drummond Hl
    Newark, DE
    View Details

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309 Possum Park, Newark, Delaware, 19711

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.