NOT LISTED FOR SALE

123 Cann Rd Newark, DE 19702

Estimated Value: $357,000 - $438,000

3 Beds
1.5 Baths
1,775 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 26, 2023

Last sale price $365,000 $206 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,408/month

15 Days on Market

Highlights

  • 0.77 Acre Lot
  • Wood Flooring
  • Great Room
  • Rambler Architecture
  • Space For Rooms
  • No HOA

About This Home

As of December 2023

Welcome to well established & desirable Melody Meadows where it is not unusual to see a hot air balloon flying over & where you'll likely get a wave from neighbors out during their morning/evening walks. 1 floor living for this all brick ranch where LOCATION, LOCATION, LOCATION is key! Home sits on almost 1 acre with mature pine trees lined along the front, split rail fencing & huge, WIDE, paved, driveway big enough for 5 cars along with spots off street for additional parking. This home has been loved & enjoyed by one family! Features include: hardwood floors on main level, master bedroom with half bath, bedroom 3 has wall opened up & could be used for office/playroom/den or put back to 3rd bedroom, kitchen & dining room combo, full, finished basement with fireplace, lots of shelves & closets(abundance of storage) & laundry area. Off kitchen you step down into the great room with 5 sliders, built in heater & a/c unit, skylight & overlooks huge rear yard. Off great room is a deck along the back of house. This yard features a pavilion & shed with electric, propane heat & a/c as well as pull down attic storage & side room for lawncare storage along with views of the original farm house. No HOA & plenty of room for those wanting/needing a garage! Roof is only 5 years old. Public water/sewer too! Home & shed are being sold in as-is condition. Inspections for informational purposes only. Melody Meadows is minutes from People's Plaza with everything you could imagine! Food market, movie theater, Home Depot, Rite Aide, McGlynn's, UPS Store & restaurants, etc. Hodgson Vo-Tech, Glasgow Park & Route 896/Route 40 all close by as well. This home is a blank canvas just waiting for the next buyer to make it their own! Easy to show & ready now! Get in before the holidays!

Last Agent to Sell the Property

Michael Dutt

(302) 733-7000 ccashman@psre.com Patterson-Schwartz-Newark Listed on: 11/03/2023

Patterson-Schwartz-Newark

Co-Listed By

Stacie Lynch

(302) 733-7000 ccashman@psre.com Patterson-Schwartz-Newark License #R3-0017886

Last Buyer's Agent

Katina Geralis

(888) 543-4829 de.broker@exprealty.net EXP Realty, LLC License #R3-0020328

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,611

Year Built

  • Built in 1976

Lot Details

  • 0.77 Acre Lot
  • Split Rail Fence
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in average condition
  • Property is zoned NC21

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,775 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Non-Functioning Fireplace
  • Great Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Built-In Range
  • Range Hood
  • Extra Refrigerator or Freezer

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Shelving
  • Space For Rooms
  • Laundry in Basement

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Melody Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-031.00-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,611

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Washer/dryer, fridge & fridge in basement, dehumidifiers in basement
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1976
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Extra Refrigerator/Freezer, Range Hood, Refrigerator
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Skylight(s)
  • Fireplace Features: Non-Functioning, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement, Great Room
  • Basement: Yes
  • Basement Type: Full, Shelving, Space For Rooms, Sump Pump
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1775
  • Living Area Sq Ft: 1775
  • Price Per Sq Ft: 214.03
  • Above Grade Finished Sq Ft: 1775
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed Shop
  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Fencing: Split Rail
  • Land Lease: No
  • Lot Features: Front Yard, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33541.00
  • Property Condition: Average
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1611.00
  • Assessor Parcel Number: 11-031.00-140
  • Tax Year: 2023

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Dec 26, 2023
Sold by
Oliveri Michael F and Oliveri Michael A
Bought by
Hubbard Rita C
Seller's Agent
Michael Dutt
Patterson-Schwartz-Newark
Buyer's Agent
Katina Geralis
EXP Realty, LLC
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%
Views
203
Current Estimated Value
$422,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,261
Avg. Annual Appreciation
6.19%
Original Mortgage
$346,750
Outstanding Balance
$341,062
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$72,726

Purchase Details

Closed on
Mar 1, 1976
Bought by
Oliveri Michael F and Oliveri Dorothy
Source: Public Records

Range of Values:

--
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
Hubbard Rita C -- None Listed On Document
Oliveri Michael F $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hubbard Rita C $346,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2023 12/26/23 Sold $365,000 -3.9% $206 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $379,900 -- $214 / 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 $2,576 $60,500 $14,500 $46,000
2023 $1,612 $60,500 $14,500 $46,000
2022 $1,586 $60,500 $14,500 $46,000
2021 $1,631 $60,500 $14,500 $46,000
2020 $1,568 $60,500 $14,500 $46,000
2019 $36 $60,500 $14,500 $46,000
2018 $1,262 $60,500 $14,500 $46,000
2017 $1,216 $60,500 $14,500 $46,000
2016 $1,112 $60,500 $14,500 $46,000
2015 $935 $60,500 $14,500 $46,000
2014 $934 $60,500 $14,500 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2051818

Bright MLS

APN: 11-031.00-140