56 Old Baltimore Pike Newark, DE 19702-1596
Property profile & analytics
56 Old Baltimore Pike, Newark, DE 19702-1596
- Hotels
- 10,246 SF
- 4.39 lot acres
Property ID
US17-0139445
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Four Points by Sheraton Newark Christiana Wilmington / Hotel & Motel
- La casa pasta restaurant / Restaurant
- University of Delaware / College
- Farm A Sea Bistro & Crafthouse / Restaurant
Property Details for 56 Old Baltimore Pike
- Year built
- 1997
- Construction
- CONCRETE
- Lot size
- 4.39 lot acres
- Zone code
- CR
- Property type
- Hotels
- APN
- 09-035.00-019
- APU
- 903500019
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 28, 2019 | $13,900,000 | Ssn Christiana LLC | Mrpc Christiana LLC | Deed | $10.2M · Fulton Bank NA |
| Nov 22, 2017 | — | Mrpc Christiana LLC | — | Deed · related | $1.3M · Paresh K & Ranjan P Patel |
| Feb 22, 2017 | — | Mrpc Christiana LLC | — | Deed · related | $1M · Paresh K & Ranjan P Patel |
| Dec 7, 2016 | — | Mrpc Christiana LLC | — | Deed · related | $2.2M · Access Point Financial INC |
| Dec 21, 2012 | — | Mrpc Christiana LLC | Rama Corp | Grant Deed | — |
| Feb 28, 2006 | — | Rama Corp | — | Deed Of Trust · related | $4.2M · Wachovia Bank Of Delaware NA |
| — | — | Mrpc Christiana LLC | — | Deed Of Trust · related | $1.3M · Paresh K & Ranjan P Patel |
| — | — | Mrpc Christiana LLC | — | Deed Of Trust · related | $1M · Paresh K & Ranjan P Patel |
| — | — | Mrpc Christiana LLC | — | Loan Modification · related | $1.3M · Paresh K & Ranjan P Patel |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $625,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $950,000
- 6.5%
- $875,000
- 7%
- $815,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $898,000
Market price range: $511k - $899k -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $660,000 Current use
- RESTAURANT
- $1,240,000 Change: +87% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $965,000 Change: +46% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- New Castle
- State
- Delaware
- Longitude
- -75.6633
- Latitude
- 39.6621
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$163,600
$3,055,000
$3,218,600
-
$0.00
$0.00
$0.00
