101 Lake Dr, Newark, DE 19702 Property Records

New Castle County property record for 101 Lake Dr, Newark, DE 19702

Property Summary

Property Type	Commercial Office
Details	10,880 sqft · built 1988
Lot Size	5.96 acres (259,618 sqft)
Owner	Company Name on Record
Last Sale	$4,500,000 (May 2021)
Tax Bill	$11,344 (2025)
Deeds & Mortgages	Jul 2026 Line of Credit Jul 2022 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`11-021.00-019`

Property Details

APN / Parcel Number

Primary APN	`11-021.00-019`

Interior

Stories	1 Story
Building Area	10,880 sqft Gross Area
1st Floor Area	10,880 sqft

Exterior

Year Built	Built 1988
Effective Year Built	Effective 1988
Exterior Material	Metal
Construction Type	Concrete
Lot Area	259,618 sqft (5.96 acres)
Lot Dimensions	477 ft deep x 258 ft wide

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC
Sewer	Connected

Location & Zoning

Street Address	101 LAKE DR
City	NEWARK
State	DE
Zip	19702-3318
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Local Zoning Code	BP
Legal Subdivision	PENCADER CORP CTR
Legal Lot Number	2
Jurisdiction	NEW CASTLE DE
Township / Civil Division	GLASGOW
Census Block Group	2
Census Block	2001
Census Tract	14814

Owner

Source: New Castle County records, as of October 20, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	26 W 17TH ST, 801, NEW YORK, NY 10011-5787
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Jul 21, 2026	Deed of Trust, Mortgage · Line of Credit DEUTSCHE BANK AGENCY
Jul 26, 2022	Deed of Trust, Mortgage · Commercial Mortgage TRUIST BANK
May 24, 2021	Deed, Transfer
Nov 29, 2017	Deed of Trust, Mortgage COMMUNITY DEV COMMISSION

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 24, 2021 · Amount on Record
Deed Sale	May 24, 2021 · Amount on Record
Prior Sale	Aug 17, 1989
Deed Document Number	202161008
Prior Transfer Date	May 5, 2021
Prior Transfer Doc	0000061008
Record Updated	Oct 29, 2026

July 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	NEW CASTLE DE
Recording Date	Jul 21, 2026
Property Address	101 LAKE DR, NEWARK, DE 19702-3318
Document Number	0000055294
Instrument Date	Jul 16, 2026
Instrument	202655294
Transaction Type	Mortgage
Record Updated	Aug 3, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266

Mortgage

Document Number	0000055294,
Date	Jul 21, 2026
Instrument	202655294

Lender

Name	DEUTSCHE BANK AGENCY

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate	6.47%
Max Rate	-1%

July 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	NEW CASTLE DE
Property Address	101 LAKE DR, NEWARK, DE 19702-3318
Transaction Type	Mortgage
Record Updated	Sep 12, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	26 W 17TH ST 801, 801, NEW YORK, NY 10011-5787

Mortgage

Document Number	0000074652
Date	Jul 26, 2022
Instrument	20220726-0074652

Lender

Name	TRUIST BANK
Type	Bank
Address	VIENNA, VA 22182

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

May 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	NEW CASTLE DE
Recording Date	May 24, 2021
Property Address	101 LAKE DR, NEWARK, DE 19702-3318
Document Number	0000061008
Map Reference	MF 9135
Instrument Date	May 5, 2021
Instrument	20210524-0061008
Transaction Type	Transfer
Record Updated	Nov 22, 2021

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	26 W 17TH ST STE 801, 801, NEW YORK, NY 10011-5787

November 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	NEW CASTLE DE
Property Address	101 LAKE DR, NEWARK, DE 19702-3318
Document Number	0000062416
Instrument Date	Nov 29, 2017
Transaction Type	Mortgage
Record Updated	Dec 5, 2017
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2 ESTI CIR LAKEWOOD NJ 087014053, LAKEWOOD, NJ 08701-4053

Mortgage

Document Number	0000062416
Date	Nov 30, 2017
Instrument	62416

Lender

Name	COMMUNITY DEV COMMISSION
Type	Construction/Development Company
Address	100 W 10TH ST # 214, WILMINGTON, DE 19801-1641

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: New Castle County assessment roll, as of April 13, 2026

Property Jurisdictions

Type	Name
State	Delaware
County	New Castle County
Unified School District	Christina School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2025	$11,344.00 (-80.59%)	$2,649,200 (+89.54%) Land $774,800 Building $1,874,400
2023	$58,448.00	$1,397,700 Land $208,600 Building $1,189,100

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective January 21, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	8 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	ARTESIAN WATER COMPANY private · serves 231,114 people · EPA ID DE0000552
Water Source	Purchased surface water from several systems
Last State Inspection	Oct 2025
Lead	1 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 17 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fiber	2,300 / 2,300
Xfinity Cable	2,000 / 250

May also be available: T-Mobile.

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