362 Wallace Dr, Newark, DE 19711 Property Records

New Castle County property record for 362 Wallace Dr, Newark, DE 19711

Property Summary

Property Type	Single Family Home
Details	3 bd · 2.5 ba · 1,929 sqft · built 1972
Lot Size	0.55 acres (23,958 sqft)
Owner	2 Individual Names on File
Last Sale	$149,500 (Dec 1986)
Tax Bill	$3,760 (2023)
Deeds & Mortgages	Mar 2020 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`09-005.40-019`

Property Details

APN / Parcel Number

Primary APN	`09-005.40-019`

Interior

Bedrooms	3 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	10 Plumbing Fixtures
Total Rooms	7 Rooms
Stories	2 Stories
Building Area	1,929 sqft Living Area
1st Floor Area	969 sqft
Family Room	Family Room
Flooring	Wood
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1972
Effective Year Built	Effective 1972
Architectural Style	Colonial
Exterior Material	Aluminum/Vinyl
Roof Type	Gable
Roof Material	Asphalt
Lot Area	23,958 sqft (0.55 acres)
Lot Dimensions	189 ft deep x 124 ft wide
Garage Type	Attached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C

Location & Zoning

Street Address	362 WALLACE DR
City	NEWARK
State	DE
Zip	19711-2036
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	NC21
Legal Subdivision	TOP OF THE WEDGE
Legal Lot Number	2
Jurisdiction	NEW CASTLE DE
Township / Civil Division	NEWARK
Census Block Group	1
Census Block	1010
Census Tract	14301

Owner

362 Wallace Dr is owned and occupied by two individuals who bought it in December 1986.

Source: New Castle County records, as of April 13, 2026

Owner of Record	2 Individual Names on File
Mailing Address	362 WALLACE DR, NEWARK, DE 19711-2036
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Tenants by the Entirety

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 1, 1986 · Amount on File
Deed Sale	Dec 1, 1986 · Amount on File
Deed Book / Page	468 / 194
Record Updated	Jun 8, 2026

March 2020: Deed, Transfer

Document Type	Deed
Jurisdiction	NEW CASTLE DE
Recording Date	Mar 30, 2020
Property Address	362 WALLACE DR, NEWARK, DE 19711-2036
Document Number	0000025369
Map Reference	MF 01120
Instrument Date	Mar 27, 2020
Instrument	20200330-0025369
Transaction Type	Transfer
Record Updated	Sep 14, 2021

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	362 WALLACE DR, NEWARK, DE 19711-2036

Mortgage

Document Number	0000025373
Date	Mar 30, 2020
Instrument	20200330-0025373

Lender

Name	FAIRWAY INDEPENDENT MORTGAGE CORP
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Apr 1, 2050

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	Assessed Market Value
2025		$473,000 Land $98,900 Building $374,100
2024			$447,300
2023	$3,760.00	$90,800 Land $16,700 Building $74,100

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 362 Wallace Dr in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2020.

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	2 in force
Nearby Flood Claims	1 (2020)
Most Recent Claim	Aug 2020 · Tropical Storm Isaias

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

Wildfire risk around 362 Wallace Dr is low, with a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 80% of the US · above 47% of Delaware
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation

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

Internet Providers

Source: FCC Broadband Data Collection, based on 170 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
T-Mobile Fixed Wireless	100 / 20