NOT LISTED FOR SALE

1 Donald Preston Dr Newark, DE 19702

Estimated Value: $570,000 - $708,000

4 Beds
3.5 Baths
3,875 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 12, 2020

Last sale price $418,000 $108 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,621/month

15 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Wood Flooring
  • 1 Fireplace
  • Colonial Architecture
  • Whirlpool Bathtub
  • Den

About This Home

As of May 2020

Great opportunity to own a stunning 4-bedroom, 3.5 baths, very spacious home (3875 sq ft), the largest model in the community, located in the beautiful neighborhood of Preserve At Lafayette Hill within Newark Charter 5 mile radius and minutes away from I-95. The exterior features a nice brick front with a bay window with a driveway to 2-car garage. Upon entering this home, you are greeted by the large hardwood foyer with a hardwood stairway. Next to you have a large formal living room (16 x15 ) and dining area featuring chair rail molding with plenty of space for family and friends to enjoy meals together.The main level offers a spacious family room (21 x15 ) with 18 ft high ceilings, plenty of natural light through windows and a double-sided fireplace to breakfast nook and kitchen. The chef kitchen, featuring a beautiful gray tone backsplash and hardwood, offers tons of counter space, island with granite countertops, stainless steel appliances and plenty of storage. Between the kitchen and the family room, you will see a very spacious breakfast nook where you can enjoy your morning coffee next to the deck.The main level also features a home office, half bath, laundry room and rear entry to the backyard.The upper level offers 4 bedrooms and 3 bathrooms. The master suite comes with its own private sitting area with tons of natural light shining through, a huge master bathroom with a whirlpool tub and walk-in closets. In addition to the master suite, all 3 bedroom offers a spacious area with 2 full bathrooms.Lastly, the huge unfinished basement with walkout has a variety of potential for your specific needs.This newly painted house will catch your eye for sure! Conveniently located near shopping, restaurants, and major routes. Call and schedule a tour TODAY!

Last Agent to Sell the Property

Jonathan Park

RE/MAX Edge License #RA-0020901 Listed on: 03/05/2020

Last Buyer's Agent

Judy Chen

BHHS Fox & Roach - Hockessin License #RS362602

BHHS Fox & Roach - Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,645

Year Built

  • Built in 2004

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 95.90 x 98.60
  • Property is zoned NC21

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,875 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • Preserve At Lafaye Subdivision

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number 11-013.40-123

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,645

Year Built

Built in 2004

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Refrigerator, Washer and Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2004
  • Remarks Public: Great opportunity to own a stunning 4-bedroom, 3.5 baths, very spacious home (3875 sq ft), the largest model in the community, located in the beautiful neighborhood of Preserve At Lafayette Hill within Newark Charter 5 mile radius and minutes away from I-95. The exterior features a nice brick front with a bay window with a driveway to 2-car garage. Upon entering this home, you are greeted by the large hardwood foyer with a hardwood stairway. Next to you have a large formal living room (16 x15 ) and dining area featuring chair rail molding with plenty of space for family and friends to enjoy meals together.The main level offers a spacious family room (21 x15 ) with 18 ft high ceilings, plenty of natural light through windows and a double-sided fireplace to breakfast nook and kitchen. The chef kitchen, featuring a beautiful gray tone backsplash and hardwood, offers tons of counter space, island with granite countertops, stainless steel appliances and plenty of storage. Between the kitchen and the family room, you will see a very spacious breakfast nook where you can enjoy your morning coffee next to the deck.The main level also features a home office, half bath, laundry room and rear entry to the backyard.The upper level offers 4 bedrooms and 3 bathrooms. The master suite comes with its own private sitting area with tons of natural light shining through, a huge master bathroom with a whirlpool tub and walk-in closets. In addition to the master suite, all 3 bedroom offers a spacious area with 2 full bathrooms.Lastly, the huge unfinished basement with walkout has a variety of potential for your specific needs.This newly painted house will catch your eye for sure! Conveniently located near shopping, restaurants, and major routes. Call and schedule a tour TODAY!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Stainless Steel Appliances, Washer/Dryer Hookups Only, Water Heater
  • Flooring Type: Fully Carpeted, Hardwood, Laminated
  • Interior Amenities: Breakfast Area, Dining Area, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Walk-In Closet(s), Whirlpool/Hottub
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Office
  • Basement: Yes
  • Basement Type: Full, Unfinished, Walkout Level
  • Laundry Type: Main Floor
  • Total Sq Ft: 3875
  • Living Area Sq Ft: 3875
  • Price Per Sq Ft: 112.26
  • Above Grade Finished Sq Ft: 3875
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Built In
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 21.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 91500.00
  • Land Assessed Value: 13200.00
  • Lot Size Acres: 0.24
  • Lot Dimensions: 95.90 x 98.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Year Assessed: 2019
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2337220
  • School Tax: 2781.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3645.00
  • Assessor Parcel Number: 11-013.40-123
  • Tax Lot: 123
  • Tax Total Finished Sq Ft: 3875
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/12/2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Apr 21, 2020
Sold by
Cartus Financial Corporation
Bought by
Wang Long
Seller's Agent
Jonathan Park
RE/MAX Edge
Buyer's Agent
Judy Chen
BHHS Fox & Roach - Hockessin
List Price
$435,000
Sold Price
$418,000
Premium/Discount to List
-$17,000
-3.91%
Current Estimated Value
$618,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,139
Avg. Annual Appreciation
8.26%
Original Mortgage
$200,000
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 31, 2019
Sold by
Yoon Seok M
Bought by
Cartus Financial Corporation

Purchase Details

Closed on
Dec 20, 2004
Sold by
Muirfield Associates Llc
Bought by
Yoon Seok M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wang Long $418,000 Kirsh Title Services Inc
Cartus Financial Corporation $418,000 None Available
Yoon Seok M $377,451 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Long $200,000
Previous Owner Yoon Seok $125,000
Previous Owner Yoon Seok M $233,000
Previous Owner Yoon Seok M $100,000
Previous Owner Yoon Seok M $50,000
Previous Owner Yoon Seok M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2020 05/12/20 Sold $418,000 -3.9% $108 / Sq Ft
03/05/2020 03/05/20 For Sale $435,000 -- $112 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,596 $104,700 $13,200 $91,500
2023 $4,336 $104,700 $13,200 $91,500
2022 $4,326 $104,700 $13,200 $91,500
2021 $1,400 $104,700 $13,200 $91,500
2020 $4,125 $104,700 $13,200 $91,500
2019 $3,979 $104,700 $13,200 $91,500
2018 $230 $104,700 $13,200 $91,500
2017 $3,415 $104,700 $13,200 $91,500
2016 $3,415 $104,700 $13,200 $91,500
2015 $3,111 $104,700 $13,200 $91,500
2014 $3,110 $104,700 $13,200 $91,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC496392

Bright MLS

APN: 11-013.40-123