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12 Erbitea Ln

New Castle, DE 19720

3 bd 3 ba 1,425 sqft Built 1989 Lot 4,356 sqft townhomes
Most recent sale
$18,000,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 25, 2023 Listed for rent $1,850 Zumper
Oct 24, 2023 Listed for rent $1,850 Rently
Aug 3, 2022 Listed for rent $1,700 BrightMLS
Jul 29, 2022 Listed for rent $1,700 Rently
Jun 8, 2022 Sold $18,000,000 Public Record
Feb 14, 2022 Listed $180,000 MLS #DENC2017632
Nov 15, 2017 Sold $135,000 MLS #1000447111
Oct 7, 2017 Listed $145,000 MLS #1000447111
Oct 5, 2017 Relisted $145,000 MLS #7034821
Aug 26, 2017 Listing removed $145,000 BrightMLS
Aug 10, 2017 Listed $145,000 MLS #7034821
Jul 27, 2017 Listing removed $149,900 BrightMLS
Jul 20, 2017 Relisted $149,900 MLS #6975875
Jul 12, 2017 Listing removed $149,900 BrightMLS
May 26, 2017 Price changed $149,900 MLS #6975875
May 3, 2017 Listed $155,000 MLS #6975875
Jul 30, 2004 Sold $132,800 MLS #4377326
Jun 8, 2004 Listed $132,800 MLS #4377326
Jan 1, 1990 Sold $89,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $203,100 $44,200 $247,300 $1,721
2023 $41,500 $8,100 $49,600 $1,568
2022 $41,500 $8,100 $49,600 $1,730
2021 $41,500 $8,100 $49,600 $1,629
2020 $41,500 $8,100 $49,600 $1,331
2019 $41,500 $8,100 $49,600 $2,132
2018 $41,500 $8,100 $49,600 $1,608
2017 $41,500 $8,100 $49,600 $1,506
2016 $41,500 $8,100 $49,600 $1,343
2015 $41,500 $8,100 $49,600 $1,545
2014 $41,500 $8,100 $49,600 $1,347
2013 $41,500 $8,100 $49,600 $1,321
2012 $41,500 $8,100 $49,600 $1,135
2011 $41,500 $8,100 $49,600 $1,156
2010 $41,500 $8,100 $49,600 $1,600
2009 $41,500 $8,100 $49,600 $1,160
2008 $41,500 $8,100 $49,600 $1,105
2007 $41,500 $8,100 $49,600 $1,076

Property facts

Year built
1989
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,425 sqft
Lot size
4,356 sqft
ZIP code
19720
City
New Castle
Street
Erbitea Ln
Coordinates
39.63898, -75.63149

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$108,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 12 Erbitea Ln last sell?
12 Erbitea Ln most recently sold on Jun 8, 2022 for $18,000,000.
What is the current tax assessment for 12 Erbitea Ln?
The most recent total assessment for 12 Erbitea Ln (year 2024) is $247,300 with $1,721 in property tax.
How does 12 Erbitea Ln's assessment compare to its last sale price?
The current assessment is 98.6% below the last sale price of $18,000,000.
When was 12 Erbitea Ln built?
12 Erbitea Ln was built in 1989.
How does 12 Erbitea Ln compare to others on Erbitea Ln?
We track 5 other properties on Erbitea Ln. Browse the list under "Other properties on Erbitea Ln" to compare beds, baths, and sale history.
What are the property facts for 12 Erbitea Ln?
12 Erbitea Ln is a 3 bed, 3 bath, 1,425 sqft, 4,356 sqft lot townhomes.
Is 12 Erbitea Ln a flip candidate?
No — 12 Erbitea Ln does not appear in our flips dataset.
Is 12 Erbitea Ln a tax-appeal candidate?
No — 12 Erbitea Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-5.0%
2026 Q3
$273.6K
2026 Q4
$269.9K
ZIP 19720 — Median Price History + Forecast

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