NOT LISTED FOR SALE

118 Richards Ln Newark, DE 19711

Estimated Value: $291,000 - $346,000

3 Beds
2.5 Baths
1,250 Sq Ft
$254/Sq Ft Est. Value

Last Sold February 28, 2012

Last sale price $180,000 $144 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,759/month

93 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Wilson (Etta J.) Elementary School Rated 10
  • Attic
  • Eat-In Kitchen

About This Home

As of February 2012

Rarely available 3 bedroom, 2.5 bath maintenance free townhouse with an open floor plan overlooking a private wooded lot. The foyer has solid hardwood floors leading upstairs to a spacious great room filled with lots of natural light from a new three panel sliding glass door. The adjacent formal dining room provides additional space for your entertaining. The eat-in kitchen, with hardwood floors, features lots of cabinet space and new counter tops along with a stainless steel stove and dishwasher. Downstairs finds a finished family room, laundry area, and lots of storage. The master bedroom is spacious with its own private bath and walk-in closet. Two additional bedrooms and a full bath complete the upper level. This home is neutrally decorated and move-in ready. Don't miss the opportunity to call it "home".

Last Agent to Sell the Property

Dean Outten

(302) 239-3000 ssedita@psre.com Patterson-Schwartz-Hockessin Listed on: 10/08/2011

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Gina McCollum

(302) 234-3800 john@johnwford.com RE/MAX Associates-Hockessin

RE/MAX Associates-Hockessin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,381

Year Built

  • Built in 1995

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 20 x 139
  • Property is in good condition

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,250 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on lower level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, snow removal
  • Richards Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08=054.20-007

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,381

Year Built

Built in 1995

Lot Details

2,614 Sq Ft Lot

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Curtains
  • Inclusions: Washer,Dryer,Refrigerator,Microwave, All As-Is
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1995
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1250
  • Living Area Sq Ft: 1250
  • Net Sq Ft: 1250.00
  • Price Per Sq Ft: 151.92
  • Above Grade Finished Sq Ft: 1250
  • 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: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes

Lot Info

  • Lot Features: Open
  • Lot Size Acres: 0.06
  • Lot Dimensions: 20 X 139
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: NCTH

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2290708
  • Tax Annual Amount: 1381.00
  • Assessor Parcel Number: 08=054.20-007
  • Tax Year: 2011

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2011
Closed on
Feb 28, 2012
Sold by
Vanderslice David M and Hayes Lisa M
Bought by
Roberts Amy E
Seller's Agent
Dean Outten
Patterson-Schwartz-Hockessin
Buyer's Agent
Gina McCollum
RE/MAX Associates-Hockessin
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Current Estimated Value
$317,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,508
Avg. Annual Appreciation
4.12%
Original Mortgage
$173,700
Outstanding Balance
$121,460
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$196,048

Purchase Details

Closed on
Dec 29, 2005
Sold by
Scharp Charles J and Scharp Erin Michelle
Bought by
Vanderslice David M and Hayes Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 25, 2002
Sold by
Uppot Raul N and Uppot Janaradanan O
Bought by
Scharp Charles J and Tunstall Erin Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
6.34%
Source: Public Records

Range of Values:

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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
Roberts Amy E $180,000 None Available
Vanderslice David M $200,000 None Available
Scharp Charles J $71,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Amy E $173,700
Previous Owner Vanderslice David M $160,000
Previous Owner Scharp Charles J $143,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2012 02/28/12 Sold $180,000 -5.2% $144 / Sq Ft
01/09/2012 01/09/12 Pending -- -- --
10/08/2011 10/08/11 For Sale $189,900 -- $152 / Sq Ft
Source: Bright MLS

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 $971 $54,800 $9,900 $44,900
2023 $944 $54,800 $9,900 $44,900
2022 $942 $54,800 $9,900 $44,900
2021 $1,951 $54,800 $9,900 $44,900
2020 $1,893 $54,800 $9,900 $44,900
2019 $1,985 $54,800 $9,900 $44,900
2018 $1,858 $54,800 $9,900 $44,900
2017 $1,792 $54,800 $9,900 $44,900
2016 $1,788 $54,800 $9,900 $44,900
2015 $1,628 $54,800 $9,900 $44,900
2014 $1,628 $54,800 $9,900 $44,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004544282

Bright MLS

APN: 08-054.20-007

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