NOT LISTED FOR SALE

1196 Paper Mill Rd Newark, DE 19711

Estimated Value: $643,000 - $815,000

3 Beds
2.5 Baths
3,337 Sq Ft
$226/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $585,000 $175 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,553/month

55 Days on Market

Highlights

  • 5.14 Acre Lot
  • Traditional Floor Plan
  • Farmhouse Style Home
  • Wilson (Etta J.) Elementary School Rated 10
  • Wood Flooring
  • Attic

About This Home

As of October 2020

Visit this home virtually: http://www.vht.com/434084313/IDXS - Seldom does a property that combines history, beauty, character, and privacy become available. Situated on a 5-acre, park-like setting, tucked in among mature trees and professionally designed landscaping, this historic farmhouse is rich with architectural detail and rustic charm. Flower beds, arched walkways, and carefully placed foliage create a grand, yet inviting feel as you enter this stunning home. Built in 1810, and listed in the National Historic Register, this beautiful limestone farmhouse retains much of its original qualities and character that simply cannot be replicated today. With over 3,000 sqft of living space, the first floor features an open flow of rooms for formal and informal entertaining. Enter through the back door, off the brick-lined herb garden, into an open plan breakfast area and kitchen, where you immediately notice the stunning hardwood floors that run throughout much of the home. A mudroom, with separate powder room and main floor laundry room, sit beyond the kitchen. Continue to the formal dining room and find a grand hearth and a pair of Dutch doors that open to brick terraces on either side. Beyond the dining room is a spacious sitting area with a fireplace and outdoor entrance to a beautiful brick terrace that overlooks the sweeping front lawn and gardens. To the right is a cozy den/library with built-in bookcases and fireplace. To the left is a large formal living/family room with a fireplace and plenty of windows letting in natural light. Up the stairs, find 2 lovely bedrooms with ample closet space, built-in cabinets and a master suite with a fireplace flanked by built-in cabinetry, custom dressing room and master bath. The historic beauty is evident throughout this home, from the original hardware and fixtures to moldings and cabinetry. Additional features include: English-style herb garden, multiple stone terraces for entertaining, very large unfinished attic with a bath and sink that can be used as a guest room, play room or storage, separate guest house/office/workshop, separate parking structure for cars/storage, unfinished basement and original Southern split-rail fence. This stunning retreat provides exceptional privacy while also allowing for ease and convenience of quick access to downtown Newark, Wilmington and all major roads.

Last Agent to Sell the Property

Victoria Dickinson

Patterson-Schwartz - Greenville License #R5-210113L Listed on: 07/19/2020

Patterson-Schwartz - Greenville

Last Buyer's Agent

Lorraine Terrizzi

Weichert Realtors Cornerstone

Weichert Realtors Cornerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,700

Year Built

  • Built in 1810

Lot Details

  • 5.14 Acre Lot
  • Stone Retaining Walls
  • Extensive Hardscape
  • Property is zoned NC21

Home Design

  • Farmhouse Style Home
  • Stone Siding

Interior Spaces

  • 3,337 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • 6 Fireplaces
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Library
  • Wood Flooring
  • Laundry Room
  • Attic
  • Unfinished Basement

Kitchen

  • Breakfast Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Well
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-029.00-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,700

Year Built

Built in 1810

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1810
  • Automatically Close On Close Date: No
  • Remarks Public: Visit this home virtually: http://www.vht.com/434084313/IDXS - Seldom does a property that combines history, beauty, character, and privacy become available. Situated on a 5-acre, park-like setting, tucked in among mature trees and professionally designed landscaping, this historic farmhouse is rich with architectural detail and rustic charm. Flower beds, arched walkways, and carefully placed foliage create a grand, yet inviting feel as you enter this stunning home. Built in 1810, and listed in the National Historic Register, this beautiful limestone farmhouse retains much of its original qualities and character that simply cannot be replicated today. With over 3,000 sqft of living space, the first floor features an open flow of rooms for formal and informal entertaining. Enter through the back door, off the brick-lined herb garden, into an open plan breakfast area and kitchen, where you immediately notice the stunning hardwood floors that run throughout much of the home. A mudroom, with separate powder room and main floor laundry room, sit beyond the kitchen. Continue to the formal dining room and find a grand hearth and a pair of Dutch doors that open to brick terraces on either side. Beyond the dining room is a spacious sitting area with a fireplace and outdoor entrance to a beautiful brick terrace that overlooks the sweeping front lawn and gardens. To the right is a cozy den/library with built-in bookcases and fireplace. To the left is a large formal living/family room with a fireplace and plenty of windows letting in natural light. Up the stairs, find 2 lovely bedrooms with ample closet space, built-in cabinets and a master suite with a fireplace flanked by built-in cabinetry, custom dressing room and master bath. The historic beauty is evident throughout this home, from the original hardware and fixtures to moldings and cabinetry. Additional features include: English-style herb garden, multiple stone terraces for entertaining, very large unfinished attic with a bath and sink that can be used as a guest room, play room or storage, separate guest house/office/workshop, separate parking structure for cars/storage, unfinished basement and original Southern split-rail fence. This stunning retreat provides exceptional privacy while also allowing for ease and convenience of quick access to downtown Newark, Wilmington and all major roads.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Primary Bath(s), Tub Shower, Wood Floors
  • Fireplaces Count: 6
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Library, Breakfast Room, Laundry
  • Basement: Yes
  • Basement Type: Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3337
  • Living Area Sq Ft: 3337
  • Price Per Sq Ft: 175.31
  • Above Grade Finished Sq Ft: 3337
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1196

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
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Exterior Features: Extensive Hardscape, Outbuilding(s), Stone Retaining Walls
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Number Of Detached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Carport, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 5.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 223898.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2273516
  • Tax Annual Amount: 4700.00
  • Assessor Parcel Number: 08-029.00-018
  • Tax Year: 2019
  • Close Date: 10/16/2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2020
Closed on
Oct 14, 2020
Sold by
Shipley Beth A and Theresa F Shipley Revocable Tr
Bought by
Hamlin Joseph Martin and Tusi Heather Lynn
Seller's Agent
Victoria Dickinson
Patterson-Schwartz - Greenville
Buyer's Agent
Lorraine Terrizzi
Weichert Realtors Cornerstone
List Price
$640,000
Sold Price
$585,000
Premium/Discount to List
-$55,000
-8.59%
Current Estimated Value
$753,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,423
Avg. Annual Appreciation
5.31%
Original Mortgage
$510,000
Outstanding Balance
$454,862
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$298,561

Purchase Details

Closed on
Nov 17, 2016
Sold by
Shipley Theresa F and Shipley Theresa M
Bought by
Shipley Theresa F and Theresa F Shipley Revocable Trust
Source: Public Records

Range of Values:

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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
Hamlin Joseph Martin -- None Available
Shipley Theresa F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamlin Joseph Martin $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $585,000 0.0% $175 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
08/09/2020 08/09/20 Price Changed $585,000 -8.6% $175 / Sq Ft
07/19/2020 07/19/20 For Sale $640,000 -- $192 / 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 $5,748 $135,000 $47,300 $87,700
2023 $5,591 $135,000 $47,300 $87,700
2022 $5,578 $135,000 $47,300 $87,700
2021 $5,460 $135,000 $47,300 $87,700
2020 $4,919 $135,000 $47,300 $87,700
2019 $4,300 $135,000 $47,300 $87,700
2018 $4,177 $135,000 $47,300 $87,700
2017 $3,904 $135,000 $47,300 $87,700
2016 $3,904 $135,000 $47,300 $87,700
2015 $3,511 $135,000 $47,300 $87,700
2014 $3,510 $135,000 $47,300 $87,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC505054

Bright MLS

APN: 08-029.00-018