111 Pencader Dr, Newark, DE 19702 Property Records

New Castle County property record for 111 Pencader Dr, Newark, DE 19702

Property Summary

Property Type	Commercial Office
Details	55,021 sqft · built 1991
Lot Size	4.68 acres (203,861 sqft)
Owner	Company Name on Record
Last Sale	$5,865,000 (Jul 2021)
Tax Bill	$12,799 (2025)
Deeds & Mortgages	Aug 2026 Line of Credit Aug 2026 Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`11-021.00-031`

Property Details

APN / Parcel Number

Primary APN	`11-021.00-031`

Interior

Stories	1 Story
Building Area	55,021 sqft Gross Area
1st Floor Area	55,021 sqft

Exterior

Year Built	Built 1991
Effective Year Built	Effective 1991
Exterior Material	Brick
Construction Type	Concrete
Lot Area	203,861 sqft (4.68 acres)
Lot Dimensions	400 ft deep x 476 ft wide
Total Buildings	3 Buildings

Utilities, Heating & Cooling

Heating System	HVAC
Sewer	Connected

Location & Zoning

Street Address	111 PENCADER DR
City	NEWARK
State	DE
Zip	19702-3322
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Local Zoning Code	BP
Legal Subdivision	PENCADER CORP CTR
Legal Block	A
Legal Lot Number	16
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 August 18, 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	160 THOMPSON DR, HOCKESSIN, DE 19707-1911
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Aug 4, 2026	Deed of Trust, Mortgage · Line of Credit ARTISANS BANK
Aug 4, 2026	Deed of Trust, Mortgage · Conventional Mortgage ARTISANS BANK
Sep 29, 2022	Deed of Trust, Mortgage · Line of Credit WILMINGTON SAVINGS FUND SOCIETY FSB
Sep 2, 2021	Deed of Trust, Mortgage · Commercial Mortgage FIRST SOUTHERN NATIONAL BANK
Jul 21, 2021	Special Warranty Deed, Transfer · Line of Credit WILMINGTON SAVINGS FUND SOCIETY FSB
Aug 29, 2018	Special Warranty Deed, Transfer · Commercial Mortgage FIRST SOUTHERN NATIONAL BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 21, 2021 · Amount on Record
Deed Sale	Jul 21, 2021 · Amount on Record
Prior Sale	Aug 29, 2018 · Amount on Record
Deed Document Number	202183322
Record Updated	Sep 20, 2026

August 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	NEW CASTLE DE
Recording Date	Aug 4, 2026
Property Address	111 PENCADER DR, NEWARK, DE 19702-3322
Document Number	0000059301
Instrument Date	Jul 31, 2026
Instrument	202659301
Transaction Type	Mortgage
Record Updated	Aug 18, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266
Address	11 SUMMIT LN, WILMINGTON, DE 19807-2159

Mortgage

Document Number	0000059301,
Date	Aug 4, 2026
Instrument	202659301

Lender

Name	ARTISANS BANK

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	24 Months
Due	Jul 31, 2028

Interest

Rate	6.43%
Max Rate	-1%

August 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	NEW CASTLE DE
Recording Date	Aug 4, 2026
Property Address	111 PENCADER DR, NEWARK, DE 19702-3322
Document Number	0000059299
Instrument Date	Jul 31, 2026
Instrument	202659299
Transaction Type	Mortgage
Record Updated	Aug 18, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266
Address	11 SUMMIT LN, WILMINGTON, DE 19807-2159

Mortgage

Document Number	0000059299,
Date	Aug 4, 2026
Instrument	202659299

Lender

Name	ARTISANS BANK

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate	6.43%
Max Rate	-1%

September 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	NEW CASTLE DE
Property Address	111 PENCADER DR, NEWARK, DE 19702-3322
Transaction Type	Mortgage
Record Updated	Oct 10, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	160 THOMPSON DR, HOCKESSIN, DE 19707-1911

Mortgage

Document Number	0000094116
Date	Sep 29, 2022
Instrument	20220929-0094116

Lender

Name	WILMINGTON SAVINGS FUND SOCIETY FSB
Type	Bank
Address	WILMINGTON, DE 19801

Agreement

Type	Line of Credit
Amount	Amount Recorded

September 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	NEW CASTLE DE
Property Address	111 PENCADER DR, NEWARK, DE 19702-3322
Transaction Type	Mortgage
Record Updated	Nov 22, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000102833
Date	Sep 2, 2021
Instrument	20210902-0102833

Lender

Name	FIRST SOUTHERN NATIONAL BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

July 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	NEW CASTLE DE
Recording Date	Jul 21, 2021
Property Address	111 PENCADER DR, NEWARK, DE 19702-3322
Document Number	0000083322
Map Reference	MF 10233
Instrument Date	Jul 6, 2021
Instrument	20210721-0083322
Transaction Type	Transfer
Record Updated	Nov 22, 2021
Title Company	STEWART TITLE GUARANTY CO

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
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	160 THOMPSON DR, HOCKESSIN, DE 19707-1911

Mortgage

Document Number	0000083326
Date	Jul 21, 2021
Instrument	20210721-0083326

Lender

Name	WILMINGTON SAVINGS FUND SOCIETY FSB
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

August 2018: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	NEW CASTLE DE
Recording Date	Aug 29, 2018
Property Address	111 PENCADER DR, NEWARK, DE 19702-3322
Document Number	0000044043
Map Reference	MF 10233
Instrument Date	Aug 24, 2018
Instrument	20180829-0044043
Transaction Type	Transfer
Record Updated	Nov 22, 2021

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
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	8 CEDAR ROW, LAKEWOOD, NJ 08701-1510

Mortgage

Document Number	0000044044
Date	Aug 29, 2018
Instrument	20180829-0044044

Lender

Name	FIRST SOUTHERN NATIONAL BANK
Type	Bank

Agreement

Type	Commercial Mortgage
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	$12,799.00 (-86.62%)	$2,988,900 (+30.67%) Land $608,400 Building $2,380,500
2023	$95,649.00	$2,287,300 (-) Land $163,800 Building $2,123,500
2022		$2,287,300 Land $163,800 Building $2,123,500

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	Low lower than 98% of the US · lower than 91% of Delaware
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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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