33 NEWPORT AVE
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Location
33 NEWPORT AVE
Mblu
6105/ 7/ 1130/ /
Acct#
02163501
Owner
P&T MANAGEMENT LLC
Assessment
$46,904,500
PID
25701
Building Count
1
Assessing District
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$35,984,500$10,920,000$46,904,500

Owner of Record
OwnerP&T MANAGEMENT LLC
Co-Owner
Care Of
Address251 LITTLE FALLS DR
WILMINGTON, DE 19807
Sale Price$10,000,000
Book & Page 40232/586
Sale Date01/10/2022
Instrument1P

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
P&T MANAGEMENT LLC$10,000,00040232/5861P01/10/2022
KPLD REALTY LLC$3,500,00023782/01021N06/16/2006
HUANG GIGI TRUSTEE$1,600,00016305/03220003/01/2002

Building Information
Building 1 : Section 1
Year Built: 2021
Living Area: 105,872
Replacement Cost: $35,011,084
Building Percent Good: 97
Replacement Cost
Less Depreciation:
$33,960,800
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeVERY GOOD
Stories:6
Occupancy104.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2Stucco on Wood
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Plastered
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Cork Tile
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseApt over 8
Total Rooms344
Total Bedrms130
Total Baths127
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingABOVE AVERAGE
CeilingSUSP-CEIL ONLY
Rooms/PrtnsABOVE AVERAGE
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
APTApartment 95,952 95,952
AOFOffice, (Average) 9,920 9,920
DCKDeck 2,692 0
FEPPorch, Enclosed, Finished 887 0
FGRGarage, Finished 49,056 0
   158,507 105,872

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
PEPASSNGR ELEV3.00 EA$291,0001

Land
Land Use
Use Code1120
DescriptionApt over 8  
NeighborhoodNWP1
Land Line Valuation
Size (Sqr Feet)37500
Assessed Value$10,920,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
FN3FENCE-6' CHAIN  360.00 L.F.$4,7001
SGN3W/INT LIGHTS  39.00 S.F.&HGT$1,6001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$35,984,500$10,920,000$46,904,500
2025$33,412,500$10,920,000$44,332,500
2024$14,612,700$10,920,000$25,532,700

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