Seller's Agent in 2019
Victoria Lawson
Long & Foster
(302) 743-2925
5 in this area
150 Total Sales
12 Somerset Ln Newark, DE 19711
Estimated Value: $677,282 - $751,000
4
Beds
2.5
Baths
2,800
Sq Ft
$251/Sq Ft
Est. Value
Highlights
- Panoramic View
- Cathedral Ceiling
- Upgraded Countertops
- Colonial Architecture
- Family Room Overlook on Second Floor
- Den
About This Home
As of June 2019An amazing opportunity to own one of the largest fenced in lots in the community, .81 acres, and a home with great layout. Priced below value due to cosmetic challenges, it offers plenty of mechanical updates. The roof, windows, heater and hot water heater have all been replaced and the kitchen has been updated. There is an open front to back foyer to family room with cathedral ceilings. Railed balcony overlooking step down family room with skylights and brick fireplace. Updated kitchen cabinets with granite counter-tops. A formal dining room with butler pantry and over-sized living room with bay window and a private office. Full size laundry first floor laundry room with tile floors. Four spacious bedrooms with ample storage and two full baths on the second floor. The master bedroom offers cathedral ceilings, walk in closet and a 4 piece bath with double vanities. The lower level offer a surprising efficient wine cellar.Ready for the new owners to finish with plenty of space. The basement is daylight and offers french doors to the fenced in back yard.
Last Agent to Sell the Property
(302) 743-2925 vlawson@lnf.com Long & Foster Real Estate, Inc. License #RS212781L Listed on: 01/07/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,865
Year Built
- Built in 1989 | Remodeled in 2008
Lot Details
- 0.81 Acre Lot
- Lot Dimensions are 90.80 x 297.10
- Northeast Facing Home
- Split Rail Fence
- Extensive Hardscape
- Property is zoned NC21
HOA Fees
- $15 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 4 Open Parking Spaces
- Oversized Parking
- Front Facing Garage
- Driveway
Property Views
- Panoramic
- Woods
- Garden
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Poured Concrete
- Pitched Roof
- Shingle Roof
- Architectural Shingle Roof
- Fiberglass Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 2,800 Sq Ft Home
- Property has 2 Levels
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Screen For Fireplace
- Brick Fireplace
- Double Pane Windows
- Replacement Windows
- Insulated Windows
- Bay Window
- French Doors
- Sliding Doors
- Six Panel Doors
- Entrance Foyer
- Family Room Overlook on Second Floor
- Living Room
- Dining Room
- Den
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Built-In Microwave
- Dishwasher
- Upgraded Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Drain
- Natural lighting in basement
Home Security
- Storm Doors
- Flood Lights
Schools
- Maclary Elementary School
- Shue-Medill Middle School
- Newark High School
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Water Treatment System
- Natural Gas Water Heater
Additional Features
- Energy-Efficient Windows
- Playground
- Suburban Location
Community Details
- Bcco Communities HOA, Phone Number (302) 234-7710
- Cotswold Hills Subdivision
Listing and Financial Details
- Tax Lot 039
- Assessor Parcel Number 08-029.10-039
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2019
Closed on
Jun 12, 2019
Sold by
Kalampakas Athanasios and Kalampakas Ioanna
Bought by
Donaldson Wesley M and Donaldson Ann M
Seller's Agent
Victoria Lawson
Long & Foster Real Estate, Inc.
Buyer's Agent
Stephen Mottola
Compass
List Price
$449,900
Sold Price
$385,000
Premium/Discount to List
-$64,900
-14.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,071
Avg. Annual Appreciation
10.04%
Original Mortgage
$378,026
Outstanding Balance
$336,315
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$367,756
Purchase Details
Closed on
Jan 20, 2007
Sold by
Nemeth Thomas and Nemeth Roxanne
Bought by
Kalampakas Anthanasios and Kalampakas Ioanna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2005
Sold by
Scott Brian C and Scott Karen M
Bought by
Nemeth Thomas and Nemeth Roxanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,925
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Donaldson Wesley M | -- | None Available | |
| Kalampakas Anthanasios | $415,000 | None Available | |
| Nemeth Thomas | $399,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Donaldson Wesley M | $378,026 | |
| Previous Owner | Kalampakas Anthanasios | $88,500 | |
| Previous Owner | Nemeth Thomas | $299,925 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2019 06/12/19 | Sold | $385,000 | -6.1% | $138 / Sq Ft |
| 03/20/2019 03/20/19 | Price Changed | $410,000 | -1.2% | $146 / Sq Ft |
| 03/11/2019 03/11/19 | Price Changed | $415,000 | -2.4% | $148 / Sq Ft |
| 02/06/2019 02/06/19 | Price Changed | $425,000 | -3.4% | $152 / Sq Ft |
| 01/17/2019 01/17/19 | Price Changed | $439,900 | -2.2% | $157 / Sq Ft |
| 01/07/2019 01/07/19 | For Sale | $449,900 | -- | $161 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,209 | $141,300 | $31,300 | $110,000 |
| 2023 | $6,047 | $141,300 | $31,300 | $110,000 |
| 2022 | $6,005 | $141,300 | $31,300 | $110,000 |
| 2021 | $5,877 | $141,300 | $31,300 | $110,000 |
| 2020 | $5,715 | $141,300 | $31,300 | $110,000 |
| 2019 | $5,300 | $141,300 | $31,300 | $110,000 |
| 2018 | $276 | $141,300 | $31,300 | $110,000 |
| 2017 | -- | $141,300 | $31,300 | $110,000 |
| 2016 | -- | $141,300 | $31,300 | $110,000 |
| 2015 | $4,341 | $141,300 | $31,300 | $110,000 |
| 2014 | $4,344 | $141,300 | $31,300 | $110,000 |
Source: Public Records
Agents Affiliated with this Home
-
Victoria Lawson
-
Stephen Mottola
Buyer's Agent in 2019
Stephen Mottola
Compass
(302) 437-6600
11 in this area
678 Total Sales
-
John Sloniewski
Buyer Co-Listing Agent in 2019
John Sloniewski
Compass
(302) 743-4942
1 in this area
126 Total Sales
Map
Source: Bright MLS
MLS Number: DENC317282
APN: 08-029.10-039
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 14 Somerset Ln
- 40 Old Farm Rd
- 19 Revelstone Dr
- 4 Running Brook Ln
- 701 Fawn Rd
- 29 Morning Glen Ln
- 2 Jobs Ln
- 2 Whitehaven Ct
- 111 Mute Swan Place
- 204 Jupiter Rd
- 5 Whitehaven Ct
- 217 Sleepy Hollow Ct
- 316 Pleasant Knoll Ct
- 477 Upper Pike Creek Rd
- 406 Sierra Ct
- 903 Glen Falls Ct
- 300 Mourning Dove Dr
- 4 Buckthorn Close
- 1521 Yeatmans Station Rd
- 205 Robin Redbreast Rd
- 10 Somerset Ln
- 8 Somerset Ln
- 852 Corner Ketch Rd
- 7 Somerset Ln
- 9 Somerset Ln
- 11 Somerset Ln
- 5 Somerset Ln
- 6 Somerset Ln
- 18 Somerset Ln
- 827 Corner Ketch Rd
- 13 Somerset Ln
- 3 Somerset Ln
- 4 Eaton Place
- 848 Corner Ketch Rd
- 1 Meadowbrook Ln
- 810 Corner Ketch Rd
- 4 Meadowbrook Ln
- 15 Somerset Ln
- 20 Somerset Ln
- 4 Somerset Ln