NOT LISTED FOR SALE

124 Delrem Dr Newark, DE 19711

Estimated Value: $528,000 - $612,000

4 Beds
2.5 Baths
2,950 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $536,000 $182 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,127/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Great Room
  • Deck
  • 1 Fireplace
  • 3-minute walk to Hidden Valley Park

About This Home

As of June 2023

Welcome to 124 Delrem Dr in the Sought after neighborhood of West Branch Home is nestled on a lovely corner lot . This one of a kind, Frenchtown floorplan, features 2950 Sq Ft. The owners worked along with the builder, Headwater Construction to create some unique features in this special home! Entering the home you will notice the beautiful site finished hardwood floors in the living room, dining room and kitchen. Some other special features include a large great room over the garage with a brick surround gas fireplace, recessed lighting and slider overlooking the deck and backyard. A spacious eat in kitchen with additional cabinets, island , 2 yr old stainless steel appliances and recessed lighting. Adjacent to the kitchen there is a nice sized home office with included corner desk. The powder room was moved from the front foyer, allowing for a wider entry foyer with two good sized closets. Upstairs are 4 bedrooms, the primary bedroom has a walk in closet and ensuite bathroom with shower and dressing area and skylight. There are 3 additional nice size bedrooms and a full bathroom. The lower level features a large finished Rec room with pool table, unfinished storage area and heater room, additional closet space and walkout from finished area to the garage. West Branch is centrally located just minutes to the University of Delaware, White Clay State Park, Downtown Newark, Newark Train Station Newark Charter and I-95. Sellers are including a 1 year home warranty!

Last Agent to Sell the Property

Mary Kate Johnston

(302) 388-5654 marykatej@comcast.net RE/MAX Associates - Newark Listed on: 04/28/2023

RE/MAX Associates - Newark

Last Buyer's Agent

Michael Davis

(302) 300-2300 michael@mdavisismyrealtor.com Phoenix Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,657

Year Built

  • Built in 1987

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 101.80 x 162.70
  • Property is in very good condition
  • Property is zoned 18RT

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,950 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Great Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Partially Finished Basement
  • Exterior Basement Entry
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Brick Porch or Patio

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • West Branch Subdivision

Listing and Financial Details

  • Tax Lot 216
  • Assessor Parcel Number 18-006.00-216

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,657

Year Built

Built in 1987

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-04-28
  • Year Built: 1987
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Fireplaces Count: 1
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Breakfast Room, Great Room, Laundry, Office
  • Basement: Yes
  • Basement Type: Outside Entrance, Partially Finished
  • Total Sq Ft: 2950
  • Living Area Sq Ft: 2950
  • Price Per Sq Ft: 165.76
  • Above Grade Finished Sq Ft: 2950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 25.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 111600.00
  • Land Assessed Value: 18400.00
  • Lot Size Acres: 0.42
  • Lot Dimensions: 101.80 x 162.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18295.00
  • Outdoor Living Structures: Patio(s), Deck(s), Roof, Brick
  • Property Condition: Very Good
  • Zoning: 18RT
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2368155
  • School Tax: 4297.00
  • Tax Annual Amount: 5657.00
  • Assessor Parcel Number: 18-006.00-216
  • Tax Lot: 216
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 20, 2023
Sold by
Mcderby John T and Mcderby Patricia A
Bought by
Peterson Colin Henry and Early Julia Taylor
Seller's Agent
Mary Kate Johnston
RE/MAX Associates - Newark
Buyer's Agent
Michael Davis
Phoenix Real Estate
List Price
$489,000
Sold Price
$536,000
Premium/Discount to List
$47,000
9.61%
Views
88
Current Estimated Value
$579,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,790
Avg. Annual Appreciation
3.07%
Original Mortgage
$455,600
Outstanding Balance
$442,839
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$136,951

Purchase Details

Closed on
Nov 1, 1986
Bought by
Mcderby John T and Mcderby Patricia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Peterson Colin Henry -- None Listed On Document
Mcderby John T $145,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Colin Henry $455,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Sold $536,000 +9.6% $182 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $489,000 -- $166 / 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 $1,372 $130,000 $18,400 $111,600
2023 $4,701 $130,000 $18,400 $111,600
2022 $4,651 $130,000 $18,400 $111,600
2021 $4,532 $130,000 $18,400 $111,600
2020 $4,401 $130,000 $18,400 $111,600
2019 $3,858 $130,000 $18,400 $111,600
2018 $3,769 $130,000 $18,400 $111,600
2017 $3,657 $130,000 $18,400 $111,600
2016 $3,646 $130,000 $18,400 $111,600
2015 -- $130,000 $18,400 $111,600
2014 -- $130,000 $18,400 $111,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2041782

Bright MLS

APN: 18-006.00-216