$699,900

102 Joshua (6 Building Lots) Ln Newark, DE 19711

Estimated payment $4,021/month

Total Views 26,709
2.28 Acres
$306,974 Price per Acre
99,317 Sq Ft Lot

About This Lot

This opportunity for a Builder/Contractor in The Historic Village of Phillips Mill presents a compelling prospect for those looking to invest in a distinctive luxury neighborhood. With 6 approved and developed lots, including 4 townhouse lots and 2 twins, there is a diverse range of housing options to cater to various preferences and needs. The mix of 17 homes, featuring mill homes, semi-detached homes, a 3-unit condo building, and a farmhouse, adds character to the neighborhood. All the necessary improvements have been completed, streamlining the building process for potential buyers. The convenience of having everything in place and ready for building permits simplifies the development process and reduces potential delays. The inclusion of building plans with the sale is a valuable addition. This not only saves time and effort for the buyer but also provides a clear vision for the potential development, enhancing the overall appeal of the offer. The property's short distance to the University of Delaware is a significant advantage. This proximity can attract a diverse range of potential residents, including faculty, and staff, making it an appealing location for various demographics. The mention of possible owner financing adds flexibility to the purchasing process. The package includes multiple lots (102, 104, 106, 108, 103, 105 Joshua Ln.), offering a comprehensive opportunity for a builder or contractor to make a substantial impact on the community. In conclusion, this property presents a great opportunity for a Builder/Contractor in a well-planned age restricted neighborhood. The combination of location, variety of housing options, ready-to-build status, included building plans, and possible seller financing makes this an attractive proposition for those looking to invest in a unique and upscale community.

Listing Agent

Christopher Nolte

Coldwell Banker Realty License #RA-0020574I Listed on: 02/06/2025

Coldwell Banker Realty

Co-Listing Agent

Brent Applebaum

Coldwell Banker Realty License #650154

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,870

Lot Details

  • 2.28 Acre Lot
  • 6 approved and developed lots, including 4 townhouse lots and 2 twins
  • Property is zoned 18AC

Community Details

  • No Home Owners Association
  • Phillips Mill Subdivision

Listing and Financial Details

  • Tax Lot 253
  • Assessor Parcel Number 18-006.00-253

Property Details

Property Type

Land

Est. Annual Taxes

$1,870

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Remarks Public: This opportunity for a Builder/Contractor in The Historic Village of Phillips Mill presents a compelling prospect for those looking to invest in a distinctive luxury neighborhood. With 6 approved and developed lots, including 4 townhouse lots and 2 twins, there is a diverse range of housing options to cater to various preferences and needs. The mix of 17 homes, featuring mill homes, semi-detached homes, a 3-unit condo building, and a farmhouse, adds character to the neighborhood. All the necessary improvements have been completed, streamlining the building process for potential buyers. The convenience of having everything in place and ready for building permits simplifies the development process and reduces potential delays. The inclusion of building plans with the sale is a valuable addition. This not only saves time and effort for the buyer but also provides a clear vision for the potential development, enhancing the overall appeal of the offer. The property's short distance to the University of Delaware is a significant advantage. This proximity can attract a diverse range of potential residents, including faculty, and staff, making it an appealing location for various demographics. The mention of possible owner financing adds flexibility to the purchasing process. The package includes multiple lots (102, 104, 106, 108, 103, 105 Joshua Ln.), offering a comprehensive opportunity for a builder or contractor to make a substantial impact on the community. In conclusion, this property presents a great opportunity for a Builder/Contractor in a well-planned age restricted neighborhood. The combination of location, variety of housing options, ready-to-build status, included building plans, and possible seller financing makes this an attractive proposition for those looking to invest in a unique and upscale community.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.05
  • Street Number Modifier: 102

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 6 approved and developed lots, including 4 townhouse lots and 2 twins
  • Lot Size Acres: 2.28
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 99316.00
  • Year Assessed: 2024
  • Zoning: 18AC
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1333.00
  • Tax Annual Amount: 1870.00
  • Assessor Parcel Number: 18-006.00-253
  • Tax Lot: 253
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CHRISTINA

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 For Sale $699,900 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: DENC2075638

Bright MLS