NOT LISTED FOR SALE

115 Locust Dr Newark, DE 19711

Estimated Value: $499,658 - $559,000

4 Beds
2.5 Baths
2,325 Sq Ft
$226/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $500,000 $215 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,865/month

2 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • Engineered Wood Flooring
  • 2 Car Direct Access Garage
  • 5-minute walk to Fairfield Park

About This Home

As of April 2023

Classic 4 bedroom, 2.1 bath Colonial in Fairfield with a 2-car garage located at the end of a quiet cul-de-sac and just steps to Fairfield Park! Newly renovated with a beautiful tiled entry, beautiful hardwood floors, a large living room with bay window, dining room adjacent to the eat-in kitchen and family room with brick gas fireplace. The renovated kitchen features new wood composite flooring, stainless steel appliances, granite countertops, subway tile backsplash and a breakfast room area. Just off the kitchen is a conveniently located powder room and spacious main floor laundry. The 2nd floor houses 4 bedrooms and 2 full renovated baths that include the spacious primary suite with walk-in closet and en-suite bath. The full basement offers plenty of storage space. Sliding glass doors from the kitchen lead to the large rear deck that was recently resurfaced with maintenance free decking and the rear yard that is completely fenced and offers a convenient storage shed. Additional notable upgrades include: New fence (2022), Basement wall repair (10/2020), Sewer line replaced (2/2020), New water heater (11/2020), Deck resurfaced (2022), Kitchen remodel (Fall, 2022), New HVAC and Duct work (2017), Roof inspection (2018). Fantastic location in Newark just minutes to the University of DE, Newark Charter School and Fairfield Park with new tennis courts, basketball court, baseball field and community garden!

Last Agent to Sell the Property

Cathleen Wilder

(302) 218-5880 cathleen@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 03/27/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Tom Riccio

(302) 893-0271 TOM@ricciorealestate.com RE/MAX Point Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,077

Year Built

  • Built in 1968

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 57.90 x 86.80
  • Property is in excellent condition
  • Property is zoned 18RS

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,325 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement

Flooring

  • Engineered Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

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

Community Details

  • No Home Owners Association
  • Fairfield Subdivision

Listing and Financial Details

  • Tax Lot 078
  • Assessor Parcel Number 18-006.00-078

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,077

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerator, washer/dryer, hutch in breakfast room, shed (as-is)
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1968
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Engineered Wood, Hardwood, Tile/Brick
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2325
  • Living Area Sq Ft: 2325
  • Price Per Sq Ft: 215.01
  • Above Grade Finished Sq Ft: 2325
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick
  • Roof: Asphalt, Shingle
  • 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, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers, 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

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 75100.00
  • Land Assessed Value: 18600.00
  • Lot Size Acres: 0.28
  • Lot Dimensions: 57.90 x 86.80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Property Condition: Excellent
  • Zoning: 18RS
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 2368017
  • School Tax: 3097.00
  • Tax Annual Amount: 4077.00
  • Assessor Parcel Number: 18-006.00-078
  • Tax Lot: 078
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Apr 20, 2023
Sold by
Hladky Katherine J
Bought by
Russ Molly and Turulski Zachary
Seller's Agent
Cathleen Wilder
Long & Foster Real Estate, Inc.
Buyer's Agent
Tom Riccio
RE/MAX Point Realty
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Views
34
Current Estimated Value
$530,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,622
Avg. Annual Appreciation
1.88%
Original Mortgage
$400,000
Outstanding Balance
$388,467
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$136,198

Purchase Details

Listed on
Jun 23, 2016
Closed on
Oct 31, 2016
Sold by
Novakovic Zoran and Novakovic Nikolina
Bought by
Hladky Katherine J
Seller's Agent
Kristen Slijepcevic
Century 21 Gold Key Realty
Buyer's Agent
Joseph Nestor
Patterson-Schwartz - Greenville
List Price
$335,900
Sold Price
$330,000
Premium/Discount to List
-$5,900
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$264,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2016
Closed on
Apr 15, 2016
Sold by
Quicken Loans Inc
Bought by
Novakovic Nikolina and Novakovic Zoran
Seller's Agent
Ryan Gehris
USRealty.com LLP
Buyer's Agent
Nikolina Novakovic
Century 21 Gold Key Realty
List Price
$197,340
Sold Price
$230,340
Premium/Discount to List
$33,000
16.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.26%

Purchase Details

Listed on
Feb 1, 2016
Closed on
Mar 23, 2016
Sold by
Sheriff Of New Castle County
Bought by
Quicken Loans Inc
Seller's Agent
Ryan Gehris
USRealty.com LLP
Buyer's Agent
Nikolina Novakovic
Century 21 Gold Key Realty
List Price
$197,340
Sold Price
$230,340
Premium/Discount to List
$33,000
16.72%

Purchase Details

Closed on
May 31, 2007
Sold by
Simerson Hubert Y and Revocable Trust Of Hubert Y Si
Bought by
Hooks Steven and Hooks Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,600
Interest Rate
6.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Russ Molly -- None Listed On Document
Hladky Katherine J $330,000 None Available
Novakovic Nikolina $230,340 Attorney
Quicken Loans Inc $242,190 Attorney
Hooks Steven $300,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russ Molly $400,000
Previous Owner Hladky Katherine J $264,000
Previous Owner Hooks Steven $243,600
Closed Quicken Loans Inc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $500,000 0.0% $215 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $499,900 +51.5% $215 / Sq Ft
10/31/2016 10/31/16 Sold $330,000 -1.8% $142 / Sq Ft View Prior Sale
10/18/2016 10/18/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $335,900 0.0% $144 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $335,900 +45.8% $144 / Sq Ft
04/15/2016 04/15/16 Sold $230,340 +16.7% $99 / Sq Ft View Prior Sale
02/26/2016 02/26/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $197,340 -- $85 / 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 $989 $93,700 $18,600 $75,100
2023 $3,388 $93,700 $18,600 $75,100
2022 $3,352 $93,700 $18,600 $75,100
2021 $3,266 $93,700 $18,600 $75,100
2020 $3,172 $93,700 $18,600 $75,100
2019 $2,781 $93,700 $18,600 $75,100
2018 $2,716 $93,700 $18,600 $75,100
2017 $2,636 $93,700 $18,600 $75,100
2016 $2,628 $93,700 $18,600 $75,100
2015 $2,356 $93,700 $18,600 $75,100
2014 $2,355 $93,700 $18,600 $75,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2040220

Bright MLS

APN: 18-006.00-078