NOT LISTED FOR SALE

118 Richards Ln Newark, DE 19711

Newark Area

Estimated Value: $298,791 - $350,000

3 Beds
2.5 Baths
1,250 Sq Ft
$251/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2012

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

Est. 74% increase in value since last sale

Current estimated payment $1,809 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2011
Closed on
Feb 28, 2012
Sold by
Bought by
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
$313,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,448
Avg. Annual Appreciation
3.90%
Original Mortgage
$173,700
Outstanding Balance
$117,149
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$196,299

Purchase Details

Closed on
Dec 29, 2005
Sold by
Bought by

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
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Newark, DE

  • David Landon Real Estate Agent - Patterson-Schwartz-Newark

    David Landon

    Patterson-Schwartz-Newark

    (484) 779-6763

    335 Total Sales

    56 in Newark

    $85K - $660K Price Range

    David Landon
     Section Image
  • Tyler Anaya Real Estate Agent - Samson Properties of DE, LLC

    Tyler Anaya

    Samson Properties of DE, LLC

    (302) 335-6328

    143 Total Sales

    1 in Newark

    $380,000 Price

    Tyler Anaya
     Section Image
  • Bobby Carter Real Estate Agent - Crown Homes Real Estate

    Bobby Carter

    Crown Homes Real Estate

    (302) 216-4178

    102 Total Sales

    8 in Newark

    $200K - $490K Price Range

    Bobby Carter
     Section Image
  • Carolyn Quelly Real Estate Agent - Integrity Real Estate

    Carolyn Quelly

    Integrity Real Estate

    (484) 314-3567

    85 Total Sales

    3 in Newark

    $209K - $526K Price Range

    Carolyn Quelly
     Section Image
  • Stephanie Coho Real Estate Agent - Compass RE

    Stephanie Coho

    Responds Quickly

    Compass RE

    (856) 351-5461

    240 Total Sales

    5 in Newark

    $315K - $538K Price Range

    Stephanie Coho
     Section Image
  • Sabri Thompson Real Estate Agent - Foraker Realty Co.

    Sabri Thompson

    Foraker Realty Co.

    (856) 276-5092

    149 Total Sales

    1 in Newark

    $225,000 Price

    Sabri Thompson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$180,000 None Available
$200,000 None Available
$71,950 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $173,700
Previous Owner $160,000
Previous Owner $143,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 -- $311,500 $73,300 $238,200
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

  • Dean Outten Real Estate Agent - Patterson Schwartz

    Seller's Agent in 2012

    Dean Outten

    Patterson Schwartz

    (302) 530-8006

    14 Total Sales

    Dean Outten
    Section Image
  • Gina McCollum Real Estate Agent - RE/MAX

    Buyer's Agent in 2012

    Gina McCollum

    RE/MAX

    (302) 731-1945

    90 Total Sales

    Gina McCollum
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004544282

Bright MLS

APN: 08-054.20-007

Delaware New Castle County Newark 19711

118 Richards Ln, Newark, DE

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