NOT LISTED FOR SALE

1032 New London Rd Newark, DE 19711

Estimated Value: $541,000 - $607,000

3 Beds
3 Baths
2,700 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 21, 2012

Last sale price $433,500 $161 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,525/month

Highlights

  • 3.39 Acre Lot
  • Wood Flooring
  • No HOA
  • Cape Cod Architecture
  • 2 Fireplaces
  • 2 Car Attached Garage

About This Home

As of August 2012

Home in a "story book" setting-Charming, vintage Cape Cod home offers the best kind of Country Living. Rolling terrain and high elevation of 3.39 acres offers picturesque views in every direction. Tranquility of the property is balanced by its convenience to Main Street in Newark and the U. of D., White Clay Creek State Park with miles of hiking trails are right next door. First floor master suite. 2nd floor bedrooms are spacious and bright. Low maintenance hardwood floors on main level and solid wood paneled doors, ceramic tiled bathrooms, large fenced in back yard. Considerable number of improvements add to the list of assets. Well pump installed 2008, generator (2010). The list of improvements include: updated electrical and heating/cooling systems, roof and gutter guards installed in 2005.

Last Agent to Sell the Property

Mary Beth Adelman

(302) 521-6209 mbaremax@aol.com RE/MAX Associates-Wilmington License #RS-313507 Listed on: 06/04/2012

RE/MAX Associates-Wilmington

Co-Listed By

Jim Halligan

jimhalligan@remax.net RE/MAX Associates - Newark

Last Buyer's Agent

Debra Seramone

(302) 275-3841 deb@dasrealtor.com Compass License #RS298444

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,350

Year Built

  • Built in 1961

Lot Details

  • 3.39 Acre Lot
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Pitched Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 1.5 Levels
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number 09-003.00-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,350

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: See Listing Sheet
  • Inclusions: See Listing Sheet
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Net Sq Ft: 2700.00
  • Price Per Sq Ft: 166.67
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Construction Completed: No
  • Roof: Pitched
  • 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
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 83800.00
  • Land Assessed Value: 42900.00
  • Lot Size Acres: 3.39
  • Lot Dimensions: 3.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 147668.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2292856
  • Tax Annual Amount: 3350.00
  • Assessor Parcel Number: 09-003.00-008
  • Tax Lot: 008
  • Tax Year: 2011
  • Close Date: 08/21/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2012
Closed on
Sep 7, 2012
Sold by
Hanlon Erin M
Bought by
Hanlon Erin M and Obrien Katherine H
Seller's Agent
Mary Beth Adelman
RE/MAX Associates-Wilmington
Buyer's Agent
Debra Seramone
Compass
List Price
$450,000
Sold Price
$433,500
Premium/Discount to List
-$16,500
-3.67%
Current Estimated Value
$581,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,209
Avg. Annual Appreciation
2.26%
Original Mortgage
$417,000
Outstanding Balance
$288,062
Interest Rate
3.61%
Mortgage Type
FHA
Estimated Equity
$293,647

Purchase Details

Listed on
Jun 4, 2012
Closed on
Aug 21, 2012
Sold by
Petersen Richard A and Petersen Paula S
Bought by
Hanlon Erin M
Seller's Agent
Mary Beth Adelman
RE/MAX Associates-Wilmington
Buyer's Agent
Debra Seramone
Compass
List Price
$450,000
Sold Price
$433,500
Premium/Discount to List
-$16,500
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$288,062
Interest Rate
3.61%
Mortgage Type
FHA
Estimated Equity
$293,647
Source: Public Records

Range of Values:

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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
Hanlon Erin M -- None Available
Hanlon Erin M $325,125 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanlon Erin M $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2012 08/21/12 Sold $433,500 -3.7% $161 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $450,000 -- $167 / 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 $5,395 $126,700 $42,900 $83,800
2023 $5,247 $126,700 $42,900 $83,800
2022 $5,235 $126,700 $42,900 $83,800
2021 $5,125 $126,700 $42,900 $83,800
2020 $4,992 $126,700 $42,900 $83,800
2019 $4,411 $126,700 $42,900 $83,800
2018 $4,296 $126,700 $42,900 $83,800
2017 $4,143 $126,700 $42,900 $83,800
2016 $4,133 $126,700 $42,900 $83,800
2015 $3,765 $126,700 $42,900 $83,800
2014 $3,764 $126,700 $42,900 $83,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003985396

Bright MLS

APN: 09-003.00-008