Seller's Agent in 2023
Margaret Simpers
Compass
(302) 528-0200
4 in this area
64 Total Sales
108 E Park Place Newark, DE 19711
Estimated Value: $557,000 - $735,000
1
Bed
1.5
Baths
2,269
Sq Ft
$276/Sq Ft
Est. Value
Highlights
- Commercial Range
- Cape Cod Architecture
- Wood Flooring
- Open Floorplan
- Private Lot
- 4-minute walk to Kells Park
About This Home
As of July 2023One of a kind home, newly constructed in 2005, this home was designed by Maurice Weintraub, Architect. Every aspect of the home was thoughtfully designed. Beautiful covered front porch greets you on this Arts & Crafts style home. Fabulous location, within walking distance to the University. Upon entering, natural light is abundant with floor to ceilinng palladium style windows. The hardwood floors extend throughout the home. The grand center hall will lead you past French doors accessing the side porches. The formal dining room allows for entertaining with overflow to the side porch and garden areas. The upsacle kitchen will delight the chef offering a commercial style Wolf range, custom cabinetry with more access to the side porch. The mud room, walk in pantry and rear entry porch are thoughtfully designed. Another palladium window wraps the split staircase and delivers you to the 2nd floor loft area. The loft is a flex space, perfect for library, workout room, 2nd bedroom, and/or office space. The owner's suite includes private bath with custom vanity, steam shower, claw foot tub and private toilet room. Laundry is conveniently located within. This double lot is completely fenced in and is a gardener's paradise. The property is recognized as a National Wildlife Federation Certified Wildlife Habitat.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,845
Year Built
- Built in 1925 | Remodeled in 2005
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 100.00 x 148.40
- Private Lot
- Open Lot
- Front and Side Yard
- Property is zoned 18RD
Parking
- 2 Car Detached Garage
- 4 Driveway Spaces
- Garage Door Opener
Home Design
- Cape Cod Architecture
- Craftsman Architecture
- Block Foundation
- Frame Construction
- Architectural Shingle Roof
Interior Spaces
- 2,269 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Built-In Features
- Crown Molding
- Skylights
- Recessed Lighting
- Window Treatments
- Formal Dining Room
- Wood Flooring
- Garden Views
- Unfinished Basement
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Commercial Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
Laundry
- Dryer
- Washer
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Newark Subdivision
Listing and Financial Details
- Tax Lot 118
- Assessor Parcel Number 18-032.00-118
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2023
Closed on
Jul 26, 2023
Sold by
West Robert L and West Laura Anne
Bought by
Trac Quyen and Trac Andrew
Seller's Agent
Margaret Simpers
Compass
Buyer's Agent
Karen Mengden
Long & Foster Real Estate, Inc.
List Price
$635,000
Sold Price
$580,000
Premium/Discount to List
-$55,000
-8.66%
Views
206
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,451
Avg. Annual Appreciation
3.77%
Original Mortgage
$435,000
Outstanding Balance
$425,261
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$200,190
Purchase Details
Listed on
Jan 27, 2022
Closed on
Jun 7, 2022
Sold by
Jablon Mertz Madelyn
Bought by
West Robert L and Carlson Laura Anne
Seller's Agent
Michael Wilson
BHHS Fox & Roach-Greenville
Buyer's Agent
Margaret Simpers
Compass
List Price
$699,900
Sold Price
$580,000
Premium/Discount to List
-$119,900
-17.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$444,800
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 11, 1999
Bought by
Mertz Dennis R and Mertz Madelyn J
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trac Quyen | -- | None Listed On Document | |
| West Robert L | $30,800 | Ward & Taylor Llc | |
| Mertz Dennis R | $132,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trac Quyen | $435,000 | |
| Previous Owner | West Robert L | $444,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2023 07/26/23 | Sold | $580,000 | -8.7% | $256 / Sq Ft |
| 06/20/2023 06/20/23 | Pending | -- | -- | -- |
| 06/02/2023 06/02/23 | For Sale | $635,000 | +9.5% | $280 / Sq Ft |
| 06/07/2022 06/07/22 | Sold | $580,000 | -3.3% | $290 / Sq Ft |
| 05/06/2022 05/06/22 | Pending | -- | -- | -- |
| 04/26/2022 04/26/22 | Price Changed | $599,900 | -4.0% | $300 / Sq Ft |
| 03/02/2022 03/02/22 | Price Changed | $624,900 | -10.7% | $312 / Sq Ft |
| 01/27/2022 01/27/22 | For Sale | $699,900 | -- | $350 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,571 | $42,400 | $12,400 | $30,000 |
| 2023 | $1,533 | $42,400 | $12,400 | $30,000 |
| 2022 | $1,517 | $42,400 | $12,400 | $30,000 |
| 2021 | $1,478 | $42,400 | $12,400 | $30,000 |
| 2020 | $1,435 | $42,400 | $12,400 | $30,000 |
| 2019 | $1,258 | $42,400 | $12,400 | $30,000 |
| 2018 | $6,560 | $42,400 | $12,400 | $30,000 |
| 2017 | $328 | $42,400 | $12,400 | $30,000 |
| 2016 | $1,189 | $42,400 | $12,400 | $30,000 |
| 2015 | $1,066 | $42,400 | $12,400 | $30,000 |
| 2014 | $1,066 | $42,400 | $12,400 | $30,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Seller Co-Listing Agent in 2023
Lelia Ferrer
Compass
(302) 893-2529
1 in this area
1 Total Sale
-
K
Buyer's Agent in 2023
Karen Mengden
Long & Foster
(610) 742-1716
4 in this area
30 Total Sales
-
Seller's Agent in 2022
Michael Wilson
BHHS Fox & Roach
(302) 521-6307
10 in this area
266 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2043820
APN: 18-032.00-118
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