RENTED JUN 5, 2025

115 Russell Ln Newark, DE 19711

Estimated Value: $459,000 - $501,000

3 Beds
2.5 Baths
2,550 Sq Ft
$188/Sq Ft Est. Value

Highlights

  • Traditional Architecture
  • 1 Car Direct Access Garage
  • Oversized Parking
  • Wood Flooring
  • Butlers Pantry
  • Eat-In Kitchen

About This Home

As of June 2025

Welcome to this 3 Full Bedrooms, 2.5 Baths townhome with finished lower level and garage - one of Newark's luxury townhomes. This 3 level townhome offers a spacious eat-in kitchen with 42" cabinetry, pantry & separate breakfast room. The main level boasts a huge living/great room & powder room. The upper level includes a gracious master suite with a walk-in closet & full bath. There are 2 additional bedrooms and an upper floor laundry. The lower level (ground level) is finished. Walking distance to University of Delaware and Minutes to Main Street and I-95, and Much more! Need a minimum credit of 650. No more than two unrelated students.

Last Agent to Rent the Property

Ping Xu

(302) 743-3604 pingxul@yahoo.com RE/MAX Edge License #RA-0030970 Listed on: 03/27/2025

Last Renter's Agent

Daniel Deaver

(610) 256-2890 realtordandeaver@gmail.com Weichert, Realtors - Cornerstone License #RS316861

Weichert, Realtors - Cornerstone

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $844

Year Built

  • Built in 2014

Lot Details

  • 3,049 Sq Ft Lot
  • Back and Front Yard
  • Property is in average condition

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking
  • Driveway

Home Design

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

Interior Spaces

  • 2,550 Sq Ft Home
  • Property has 3 Levels
  • Vinyl Wall or Ceiling
  • Ceiling height of 9 feet or more
  • Bay Window
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Exterior Basement Entry
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Patio

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,800
  • Requires 1 Month of Rent Paid Up Front
  • Tenant pays for lawn/tree/shrub care, snow removal, light bulbs/filters/fuses/alarm care, minor interior maintenance, all utilities
  • The owner pays for common area maintenance, real estate taxes, trash collection
  • Rent includes common area maintenance, trash removal
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 4/1/25
  • $50 Application Fee
  • $150 Repair Deductible
  • Assessor Parcel Number 18-030.00-186

Community Details

Overview

  • Association fees include common area maintenance
  • Built by CORNELL HOMES
  • Newark Preserve Subdivision, Larchmont Floorplan

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$844

Year Built

Built in 2014

Lot Details

0

HOA Fees

$90 per month

Parking

1

Rental Info

  • Date Available: 2025-04-01
  • Application Fee: 50.00
  • Months Rent Up Front: 1.0
  • Owner Pays: Common Area Maintenance, Taxes - Real Estate, Trash Collection
  • Pets Allowed: No
  • Rent Includes: Common Area Maintenance, Trash Removal
  • Security Deposit: 2800.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Lawn/Tree/Shrub Care, Snow Removal, Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Inclusions: Refrigerator, Washer, And Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2014
  • Building Winterized: No
  • Repair Deductible: 150.00
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Dishwasher, Oven - Self Cleaning
  • Flooring Type: Carpet, Vinyl, Wood
  • Interior Amenities: Kitchen - Eat-In, Butlers Pantry, Kitchen - Island, Primary Bath(s)
  • Window Features: Bay/Bow, Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Vinyl, 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Outside Entrance, Partially Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2550
  • Living Area Sq Ft: 2550
  • Price Per Sq Ft: 1.10
  • Above Grade Finished Sq Ft: 2550
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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: Vinyl Siding, Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • 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: 1.00
  • Garage: Yes
  • Garage Features: Inside Access, Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available, Water Available, Cable Tv Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 90.00
  • HOA Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Horses: No
  • Lot Features: Front Yard, Level, Rear Yard
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Average
  • Zoning: 18RR

Building Info

  • Builder Name: CORNELL HOMES

Tax Info

  • Assessor Parcel Number: 18-030.00-186

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
Zhao Kaiyu
Bought by
115 Russel Lane Llc
Current Estimated Value
$478,627

Purchase Details

Closed on
Feb 11, 2019
Sold by
Zhao Kaiyu and Qian Ju
Bought by
Zhao Kaiyu

Purchase Details

Closed on
Jul 28, 2014
Sold by
The Ryland Group Inc
Bought by
Zhao Kaiyu and Qian Ju

Purchase Details

Closed on
Mar 18, 2014
Sold by
Wilson Farm Associates Llc
Bought by
The Ryland Group Inc
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2025 06/05/25 Rented $2,800 0.0% --
03/27/2025 03/27/25 For Rent $2,800 +12.0% --
08/19/2021 08/19/21 Rented $2,500 0.0% --
07/06/2021 07/06/21 For Rent $2,500 +25.0% --
07/15/2018 07/15/18 Rented $2,000 0.0% --
06/30/2018 06/30/18 Under Contract -- -- --
06/01/2018 06/01/18 For Rent $2,000 -- --
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 $844 $80,000 $8,000 $72,000
2023 $2,893 $80,000 $8,000 $72,000
2022 $2,862 $80,000 $8,000 $72,000
2021 $2,708 $80,000 $8,000 $72,000
2020 $2,708 $80,000 $8,000 $72,000
2019 $2,244 $80,000 $8,000 $72,000
2018 $12,378 $80,000 $8,000 $72,000
2017 $619 $80,000 $8,000 $72,000
2016 $2,244 $80,000 $8,000 $72,000
2015 -- $80,000 $8,000 $72,000
2014 -- $4,000 $4,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2076970

Bright MLS

APN: 18-030.00-186