Seller's Agent in 2019
Vicky Lawson
Long & Foster
(302) 743-2925
3 in this area
149 Total Sales
12 Somerset Ln Newark, DE 19711
Estimated Value: $656,000 - $688,000
4
Beds
2.5
Baths
2,800
Sq Ft
$240/Sq Ft
Est. Value
Highlights
- Panoramic View
- Cathedral Ceiling
- Upgraded Countertops
- Colonial Architecture
- Family Room Overlook on Second Floor
- Home Office
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) 351-5000 maggie@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
- 35,284 Sq Ft 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
- Home Office
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Built-In Microwave
- Dishwasher
- Upgraded Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 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
- Heating System Uses Natural Gas
- 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
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
Jan 7, 2019
Closed on
Jun 12, 2019
Sold by
Bought by
Seller's Agent
Vicky 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
$285,940
Avg. Annual Appreciation
8.23%
Original Mortgage
$378,026
Outstanding Balance
$330,338
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$340,602
Purchase Details
Closed on
Jan 20, 2007
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
$88,500
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 28, 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
$299,925
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | None Available | ||
| $415,000 | None Available | ||
| $399,900 | -- |
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 | $378,026 | ||
| Previous Owner | $88,500 | ||
| Previous Owner | $299,925 |
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 |
|---|---|---|---|---|
| 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
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 | $5,419 | $642,900 | $142,600 | $500,300 |
| 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
-
Vicky Lawson
-
Stephen Mottola
Buyer's Agent in 2019
Stephen Mottola
Compass
(302) 437-6600
11 in this area
592 Total Sales
-
John Sloniewski
Buyer Co-Listing Agent in 2019
John Sloniewski
Compass
(302) 743-4942
1 in this area
112 Total Sales
Map
Source: Bright MLS
MLS Number: DENC317282
APN: 08-029.10-039
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