NOT LISTED FOR SALE

101 Russell Ln Newark, DE 19711

Estimated Value: $461,363 - $559,000

3 Beds
3.5 Baths
2,525 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $420,000 $166 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,092/month

7 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Living Room
  • Family Room Off Kitchen
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Rarely available 8 Year-Young 3 bedrooms, 3.5 baths town home in the heart of Newark and within 2-miles of the Newark Charter School. This spacious end-unit townhome boasts of three full levels of living and a walkout basement (on ground level) with a door to the patio. The main level features open floor plan with a good-sized kitchen with island, a dining room and living room area, and a powder room. A lot of daylight shines through the windows. The upper level presents the primary bedroom with full bath, two other nice-sized rooms, a hallway bath, and the laundry. The property has been freshly painted. This community is conveniently located near University of Delaware, with bus stops in the area. It is walking distance to baseball field, basketball courts, playgrounds, and a highly rated public elementary school. Schedule your tour today.

Last Agent to Sell the Property

Ping Xu

RE/MAX Edge License #RA-0030970 Listed on: 07/12/2022

Last Buyer's Agent

Barry Godfrey

Home Finders Real Estate Company License #R1-0002457

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 2014

Lot Details

  • 6,098 Sq Ft Lot

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,525 Sq Ft Home
  • Property has 3 Levels
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Carpet

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Downes Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • 120/240V
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include common area maintenance
  • Newark Preserve Subdivision

Listing and Financial Details

  • Tax Lot 435
  • Assessor Parcel Number 18-024.00-435

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,484

Year Built

Built in 2014

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer, and Dryer - All "AS IS."
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2014
  • Automatically Close On Close Date: No
  • Remarks Public: Rarely available 8 Year-Young 3 bedrooms, 3.5 baths town home in the heart of Newark and within 2-miles of the Newark Charter School. This spacious end-unit townhome boasts of three full levels of living and a walkout basement (on ground level) with a door to the patio. The main level features open floor plan with a good-sized kitchen with island, a dining room and living room area, and a powder room. A lot of daylight shines through the windows. The upper level presents the primary bedroom with full bath, two other nice-sized rooms, a hallway bath, and the laundry. The property has been freshly painted. This community is conveniently located near University of Delaware, with bus stops in the area. It is walking distance to baseball field, basketball courts, playgrounds, and a highly rated public elementary school. Schedule your tour today.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer
  • Interior Amenities: Carpet, Dining Area, Family Room Off Kitchen, Walk-In Closet(s)
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room Count: 7
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2525
  • Living Area Sq Ft: 2525
  • Price Per Sq Ft: 170.26
  • Above Grade Finished Sq Ft: 2525
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 101

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Asphalt
  • Spa: No
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Water Available, Sewer Available, Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 70.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • Elementary School: DOWNES
  • Middle School: SHUE-MEDILL
  • High School: NEWARK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 73000.00
  • Land Assessed Value: 8800.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Year Assessed: 2021
  • Zoning: 18RR
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 6890865
  • School Tax: 2629.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3484.00
  • Assessor Parcel Number: 18-024.00-435
  • Tax Lot: 435
  • Tax Total Finished Sq Ft: 2525
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/26/2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 19, 2022
Sold by
Jing Shi
Bought by
Qiu Queming
Seller's Agent
Ping Xu
RE/MAX Edge
Buyer's Agent
Barry Godfrey
Home Finders Real Estate Company
List Price
$429,900
Sold Price
$420,000
Premium/Discount to List
-$9,900
-2.3%
Current Estimated Value
$508,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,091
Avg. Annual Appreciation
6.31%
Original Mortgage
$311,250
Outstanding Balance
$298,371
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$206,289

Purchase Details

Closed on
Jun 30, 2014
Sold by
The Ryland Group Inc
Bought by
Shi Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,455
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 26, 2014
Sold by
Wilson Farm Associates Llc
Bought by
The Ryland Group Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Qiu Queming $420,000 None Listed On Document
Shi Jing $285,759 None Available
The Ryland Group Inc $344,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiu Queming $311,250
Previous Owner Shi Jing $171,455
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $420,000 -2.3% $166 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $429,900 -- $170 / 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 $3,031 $81,800 $8,800 $73,000
2023 $2,958 $81,800 $8,800 $73,000
2022 $2,926 $81,800 $8,800 $73,000
2021 $2,824 $81,800 $8,800 $73,000
2020 $2,769 $81,800 $8,800 $73,000
2019 $2,428 $81,800 $8,800 $73,000
2018 $12,656 $81,800 $8,800 $73,000
2017 $633 $81,800 $8,800 $73,000
2016 $2,294 $81,800 $8,800 $73,000
2015 $2,057 $81,800 $8,800 $73,000
2014 $121 $4,800 $4,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2027192

Bright MLS

APN: 18-024.00-435