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$311,921

Listing Price

3beds

2baths

2,286sqft

6,534sqft lot

40 University Ave, New Castle, DE 19720

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

136.45

Price / sqft

1949

Year built

Home Details

Calling all investors, contractors, and buyers looking for their next project! Don't miss this rare opportunity to own a sprawling 5-bedroom, 2.5-bath ranch in New Castle offering the convenience of one-floor living and an incredible amount of space. Homes of this size are hard to find in the area, making this an exceptional opportunity to renovate and build instant equity. Step inside to find a spacious floor plan featuring a large living room, formal dining room, kitchen, expansive family room, private office, and a convenient half bathroom. The generously sized primary suite includes its own en-suite bathroom, while four additional bedrooms and a full hall bathroom provide plenty of room for family, guests, or a home office setup. With its expansive footprint, functional layout, and endless possibilities, this home is the perfect canvas for your vision. Whether you're looking to renovate and resell, add to your investment portfolio, or create your dream home, the potential here is undeniable. Conveniently located near shopping, restaurants, major highways, and local amenities, this property offers both space and location. Bring your contractor and your imagination! Property is being sold strictly as-is. Schedule a showing today!

Interior Details

Square Feet
  • 2286

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6534

Water
  • No

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,023

$7,200

$54,700

--%

$61,900

2019

$2,017

$7,200

$54,700

--%

$61,900

2017

$1,856

$7,200

$54,700

--%

$61,900

2017

$1,856

$7,200

$54,700

--%

$61,900

2016

$2,228

$7,200

$54,700

--%

$61,900

2014

$1,661

$7,200

$54,700

--%

$61,900

2013

$904

$7,200

$54,700

--%

$61,900

2012

$760

$7,200

$54,700

--%

$61,900

percent-home-icon

Average Home Price in 19720

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$384,813

4 Beds

2.5 Baths

2,080 Sqft

10,454 Lot (sqft)

Sold 09/11/2026

$332,050

2 Beds

2 Baths

2,270 Sqft

7,841 Lot (sqft)

Sold 06/25/2026

$439,387

5 Beds

2.5 Baths

1,970 Sqft

8,276 Lot (sqft)

Sold 10/06/2026

$493,444

4 Beds

1.5 Baths

2,202 Sqft

10,454 Lot (sqft)

Sold 09/29/2026

$311,921

3 Beds

2 Baths

2,286 Sqft

6,534 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
311,921
$
Down payment
62,384.20
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,871.52
$
HOA (Monthly)
0
$
PMI
0
$
$2,019
Your Payment
Total Monthly Payment:$2,019
Percent of Income:35%
Affordable:No

Details for 40 UNIVERSITY AVE

Property Debt

Foreclosure Contact Details