516 Cherry St, New Castle, DE 19720
Property image
Property image
OFF MARKET

$215,000

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 775 sqft

516 Cherry St, New Castle, DE 19720

Est. Refi. Payment $1,346/mo*
Refinance Your Home
Currently Off Market - Sold Oct 17, 2016 for $155,000

Home Value

Trulia Estimate
$215K
Since last month
Decreased$800 (-0.4%)
Since last year
Decreased$1K (-0.6%)
Since last sale
Increased$57K (+36.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +28% in the last 10 years
MonthEstimated value
2026
September 2026$212K
August 2026$212K
July 2026$215K
June 2026$221K
May 2026$224K
April 2026$210K
March 2026$217K
February 2026$210K
January 2026$200K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
407 Williams St, New Castle, DE
0.18
Single-Family Home
$259,000
08/18/26
2
1.5
1,050
25 E 4th St, New Castle, DE
0.12
Single-Family Home
$294,000
03/02/26
3
2
1,405
14 Dalby Aly, New Castle, DE
0.26
Single-Family Home
$400,000
12/15/25
2
2
1,300
53 W 5th St, New Castle, DE
0.15
Single-Family Home
$215,000
08/20/26
3
2
1,225
26 E 5th St, New Castle, DE
0.04
Single-Family Home
$420,000
07/15/26
3
1.5
1,949
710 Clark St, New Castle, DE
0.81
Single-Family Home
$140,000
10/24/25
2
2
975
216 E 2nd St, New Castle, DE
0.34
Single-Family Home
$300,000
08/31/26
2
1.5
1,400
627 South St, New Castle, DE
0.26
Single-Family Home
$280,000
02/18/26
2
1
1,075
111 E 2nd St, New Castle, DE
0.25
Single-Family Home
$352,000
11/04/25
3
1.5
1,375
129 E 3rd St, New Castle, DE
0.23
Single-Family Home
$375,000
07/28/26
3
2
1,325

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
518 Cherry St, New Castle, DE 19720
0.00
$295,800
2
1.5
1,125
Off Market
525 Cherry St, New Castle, DE 19720
0.02
$246,700
2
1
975
Off Market
523 Cherry St, New Castle, DE 19720
0.02
$226,300
3
1
1,100
Off Market
523 Delaware St, New Castle, DE 19720
0.02
$460,000
3
2.5
2,004
Off Market
24 E 5th St, New Castle, DE 19720
0.03
$307,700
3
-
-
Off Market
26 E 5th St, New Castle, DE 19720
0.04
$420,000
3
1.5
1,949
Recently Sold
3 Buttonwood Ave, New Castle, DE 19720
0.05
$429,900
3
2.5
1,700
For Sale
36 E 5th St, New Castle, DE 19720
0.05
$460,000
4
3
1,825
Recently Sold
42 E 5th St, New Castle, DE 19720
0.06
$303,400
3
1.5
1,700
Off Market
28 E 6th St, New Castle, DE 19720
0.07
$259,200
3
1
1,300
Off Market
419 Delaware St, New Castle, DE 19720
0.07
$445,000
4
1.5
2,475
Recently Sold
617 Cherry St, New Castle, DE 19720
0.08
$259,800
3
1.5
1,725
Off Market

Local Information

  • Map ViewExplore the area around 516 Cherry St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1900
775 sqft
$277/sqft

About this House

Great rental property located in old New Castle. Walking distance from local restaurants and Battery Park. First floor includes newly renovated kitchen, new bathroom and two living areas. Second floor has bedroom plus a bonus room to be used as a small bedroom or closet that attaches to another full bathroom. New carpet to be installed prior to tenant move in. Stacked washer and dryer on first floor.

12 month lease. Owner pays sewer.
516 Cherry St, New Castle, DE 19720 is a 2 bedroom, 2 bathroom, 775 sqft single-family home built in 1900. It last sold for $155,000 on Oct 17, 2016. More recently, it was listed as a rental in February 2023 with an asking price of $1,650 per month. That rental listing was removed on March 19, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $215,000, with a rent estimate of $1,554/month.

Home Details for 516 Cherry St

Interior Features

Interior Details
BasementNumber of Rooms: 5
Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Appliances & Utilities
DryerWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: OtherExterior: OtherFoundation Type: Crawl Raised
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 871 sqft

Price and Tax history

DateEventPrice
Mar 19, 2023
Source: Zillow Rentals
ListingRemoved
Feb 12, 2023
Source: Zillow Rentals
Listed For Rent
$1,650
Feb 27, 2021
Source: N/A
ListingRemoved
Mar 21, 2020
Source: N/A
ListingRemoved
$1,250
Feb 20, 2020
Source: N/A
PriceChange
$1,250
Price decreased by 7%

Market trends in New Castle

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$278K
$8KMoM
Sale-to-List Price
92.2%
4.5%MoM
Price per sq ft
$186
$1MoM
Available listings
105
7MoM

Around this home

What Locals Say about New Castle

At least 339 Trulia users voted on each feature.

  • 85 % Say car is needed

  • 83 % Say it's dog friendly

  • 82 % Say parking is easy

  • 78 % Say yards are well-kept

  • 76 % Say there are sidewalks

  • 70 % Say there's holiday spirit

  • 66 % Say it's quiet

  • 66 % Say kids play outside

  • 57 % Say streets are well-lit

  • 51 % Say people would walk alone at night

  • 49 % Say there's wildlife

  • 48 % Say neighbors are friendly

  • 48 % Say they plan to stay for at least 5 years

  • 42 % Say it's walkable to restaurants

  • 40 % Say it's walkable to grocery stores

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • John ONeill
    "They would like plenty places to walk the dogs. They would not like that some people dont put leashes on their dog"
    0
    Flag
  • Wendell Carter
    "Can easily get to main roads and highways. Traffic is busy during rush hour but otherwise reasonable. "
    0
    Flag
  • Kelly P Rentillo
    "There are always people walking their dogs in the neighborhood they always have them leashed, it’s a nice neighborhood and quiet too"
    0
    Flag
  • jeison Duran-Santana
    "It’s a quiet neighborhood, everyone respects each other. Never had any issues living here. Perfect place to settle down and raise a family. "
    0
    Flag
  • Leah Sernas
    "Parents should know that there are lots of places kids can play in. As long as they run within the subdivision, it should be safe"
    0
    Flag
  • Trulia User
    "Nicely said by and a true friend and friend to me as I have been through this for a while and it has made a "
    0
    Flag
  • Hiskiee
    "Teaching kids about real estate and making sure they understand the fundamentals of getting a house "
    0
    Flag
  • 66ksskmmrd
    "Love it it’s great money here and it’s easy to get I recommend entrepreneurs to come here and make your money "
    3
    Flag
  • Leah Sernas
    "There is a trail nearby for long walks. My dog has enjoyed them. My neighbors have dogs and they seem to be well fenced. "
    1
    Flag
  • Trulia User
    "The have yard sales every so often very quiet ! Lots of older people here so there’s never any drama . The Grocery store is right outside of the neighborhood so it’s a great location "
    4
    Flag
  • Trulia User
    "there are many families in the area with great parks and schools. great community near the library and bowling alley rite aid "
    2
    Flag
  • Trulia User
    "My family has two houses in this neighborhood. Original neighbors or their children reside in the houses surrounding both homes. We have known them over 35 years and can still ask them to watch our homes while we are away. "
    6
    Flag
  • Trulia User
    "I’ve lived here for almost a decade now and love it. The convenience of stores around, and things to do. The neighborhood is overall very nice. "
    1
    Flag
  • Trulia User
    "I don't use public transportation but there is public transportation in the neighborhood. neighbors are friendly and we look out for each other"
    1
    Flag
  • Trulia User
    "Friendly people nice yards and close to everything including home improvement stores Home Depot It’s very quiet also and I like that . The neighborhood is also close to good schools for the kids. That’s what really interests me as well "
    1
    Flag
  • Trulia User
    "Neighborhood nice and quiet been living here for 51/2 years if I didn’t have to move I would love to stay around and love the school "
    0
    Flag
  • Trulia User
    "nothing special it just quiet. peaceful neighborhood. I wouldn't mind staying in this area. Trick or Treating is safe around here as well. I like the schools my children attend "
    0
    Flag
  • Trulia User
    "Great neighborhood for raising a family, there’s a middle school and a high school only five minutes away "
    0
    Flag
  • Trulia User
    "Nice neighborhoods! Dog friendly. Nice place to live. New castle city takes care of your trash and snow removal."
    1
    Flag
  • Trulia User
    "The area is safe and I feel great about my children growing up in this neighborhood. The neighbors are friendly as well"
    0
    Flag
  • Trulia User
    "Nice, safe and huge area yo live. We love here for 6 years and I hope to be here always. This is a very quiet place. Nice people and safe place to live. "
    0
    Flag
  • Trulia User
    "Thier is no dog park available for the dogs. Also not many people or poop dispenser for the clean up after the dog has used the restroom."
    0
    Flag
  • Jennifer C.
    "It’s a small colonial town and has so much history that has been well taken care if through the years. The neighbors are all friendly and everyone loves old houses and have a lot of knowledge they share with us newbies."
    12
    Flag
  • Jordaynn
    "It’s just pretty peaceful nothing much really happens here. Everyone minds their own business and everyone is friendly"
    7
    Flag
  • Brittany F.
    "Lots of grass for dogs to run and play. I see many dog owners who walk their dogs daily. However there is no dog park. "
    3
    Flag
  • Joshua R.
    "Great neighborhood. But there are no grocery stores at a walking distance. Sidewalks are not available everywhere, it’s hit or miss. "
    8
    Flag
  • Joshua R.
    "There’s a walking park and everyone curbs their dogs! Very dog friendly neighborhood. Large backyards. "
    2
    Flag
  • Abbey R.
    "People do walk there dogs and there are several different parks inNew Castle, and all parks allow dogs. "
    0
    Flag
  • Joshua R.
    "It’s a safe neighborhood for the entire family. Public transport is not that great but it’s available. "
    2
    Flag
  • Rayshawn W.
    "children playing all around. Able to walk around the neighborhood easily. No one bothers no one. "
    1
    Flag
  • Wnakevis
    "there aren't really any community events. but the neighborhood is quiet. I have never encountered any form of issues during my stay. "
    6
    Flag
  • Luar O.
    "It’s right near all the major highways so getting to any part of delaware is fairly quick and easy. "
    3
    Flag
  • Jennifer S.
    "Safe for kids to play, not much events like when I was a kid... it’s safe and clean. Not sure why it’s making put 100 Characters "
    1
    Flag
  • Natasha.hope.davis
    "Public school systems are sub par & generally unsafe. However public parks, malls, etc. are good. Location is the best thing going (close to I-95 & a hop skip & jump from other states like NY, NJ, MD, VA, etc.)."
    0
    Flag
  • Michael E.
    "We have the best holiday events. The spirit of Christmas, Halloween, separation day. All we need now is a pirate festival!"
    0
    Flag
  • Kyle E.
    "I have no problem with my commute in this area. Traffic is usually at a minimum, and even during the rush hours, traffic usually flows pretty well. "
    3
    Flag
  • Nursesmiley28
    "Nice space between the homes, decent size yards , pretty clean, feel safe. I’ve lived here almost all my life and I wish I could buy a house in my neighborhood "
    0
    Flag
  • Paige R. T.
    "New Castle is pretty centrally locates. Easy access to bus at every neighborhood, main highway cuts right through to get to Baltimore, Philadelphia and NYC within 30 minutes to 1 1/2 hrs. "
    0
    Flag
  • Hector J.
    "Access to public transportation. Great commute time due to access to I95 I295. Shopping Center near by. Several gas stations. Excellent commute time to a 2 big shopping centers. 15 minutes away from Christisna Mall."
    0
    Flag
  • Erica J.
    "Public bus is about 3/4 a mile away. Driving is your only option. During snow fall it is hard to get around. We also frequently have flooding. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 516 Cherry St

  • What is 516 Cherry St estimated to be worth?
    Trulia's estimated value for 516 Cherry St in New Castle, DE is $215,000.
  • What is the price history for 516 Cherry St?
    516 Cherry St in New Castle, DE last sold for $155,000 in October 2016.
  • Is New Castle a buyer's or seller's market?
    New Castle is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in New Castle?
    The median sale price in New Castle is $278K. That is up $8K from the prior month.
  • Does 516 Cherry St have laundry facilities?
    Yes, 516 Cherry St in New Castle, DE has in-unit laundry.
  • How big is the lot at 516 Cherry St?
    The lot at 516 Cherry St in New Castle, DE is about 0.02 acres (871 sq ft).

Explore by feature - Pet Friendly

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

7 rentals with an outdoor space in New Castle, DE

Apartments for Rent

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Off Market Homes Near 516 Cherry St

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