NOT LISTED FOR SALE

131 Richards Ln Newark, DE 19711

Estimated Value: $280,000 - $350,798

3 Beds
2.5 Baths
2,165 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $290,000 $134 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,926/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Transitional Architecture
  • Butlers Pantry
  • Wilson (Etta J.) Elementary School Rated 10
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of March 2023

Welcome to Richards Lane. Come see and buy this hard to find 3-bedroom 2.1 bath townhome with lots of updates. The bedrooms are all generously sized, with plenty of natural light and ample closet space. Finished basement with more storage space. This home is conveniently located with easy access to major highways and a short drive to local shops, restaurants, and schools. Don't miss out on the opportunity to make 131 Richards Lane your new home!

Last Agent to Sell the Property

Latonya Newsome

(856) 321-1212 klrw653@kw.com Keller Williams Realty - Cherry Hill License #RS-0024355 Listed on: 02/20/2023

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Allen Stokes

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

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,467

Year Built

  • Built in 1996

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 20.30 x 174.10
  • Property is Fully Fenced
  • Property is in very good condition

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Awning
  • Open Floorplan
  • Views of Woods
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • No Septic System
  • Phone Available

Listing and Financial Details

  • Tax Lot 035
  • Assessor Parcel Number 08-054.20-035

Community Details

Overview

  • Richards Lane Subdivision

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,467

Year Built

Built in 1996

Lot Details

3,485 Sq Ft Lot

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Exclusions: Personal items
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-02-22
  • Federal Flood Zone: No
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Microwave, Washer, Dryer
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Kitchen - Eat-In, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Lower Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2165
  • Living Area Sq Ft: 2165
  • Price Per Sq Ft: 164.71
  • Above Grade Finished Sq Ft: 1700
  • Below Grade Finished Sq Ft: 465
  • Total Below Grade Sq Ft: 465
  • Above Grade Finished Area Units: Square Feet

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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Awning(s)
  • Road Surface Type: Black Top
  • Roof: Pitched, Shingle
  • Spa: No
  • View: Trees/Woods
  • 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: 2
  • Type Of Parking: Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 2

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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: No Septic System
  • Utilities: Electric Available, Natural Gas Available, Phone Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 240.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Fully
  • Improvement Assessed Value: 49000.00
  • Land Assessed Value: 10700.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 20.30 x 174.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Property Condition: Very Good
  • Zoning: NCTH
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2290736
  • School Tax: 1973.00
  • Tax Annual Amount: 2467.00
  • Assessor Parcel Number: 08-054.20-035
  • Tax Lot: 035
  • 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
Feb 20, 2023
Closed on
Mar 27, 2023
Sold by
Snow Doretha
Bought by
Issa Melody N
Seller's Agent
Latonya Newsome
Keller Williams Realty - Cherry Hill
Buyer's Agent
Allen Stokes
EXP Realty, LLC
List Price
$280,000
Sold Price
$290,000
Premium/Discount to List
$10,000
3.57%
Views
11
Current Estimated Value
$321,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,950
Avg. Annual Appreciation
3.56%
Original Mortgage
$284,747
Outstanding Balance
$276,113
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$45,837

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 2, 2020
Sold by
Mcnulty Michael Paul
Bought by
Snow Doretha
Seller's Agent
Dave Potts
Empower Real Estate, LLC
Buyer's Agent
Traci Madison
Madison Real Estate Inc. DBA MRE Residential Inc.
List Price
$229,000
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$224,852
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 11, 2012
Closed on
Mar 23, 2012
Sold by
Nisar Nazir M
Bought by
Mcnulty Michael Paul
Seller's Agent
Eric Marshall
RE/MAX Edge
Buyer's Agent
Dave Potts
Empower Real Estate, LLC
List Price
$185,900
Sold Price
$182,000
Premium/Discount to List
-$3,900
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Original Mortgage
$175,437
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 11, 2012
Closed on
Jan 25, 2012
Sold by
Kobosko Kenneth and Ing Bank Fsb
Bought by
Nisar Nazir M
Seller's Agent
Eric Marshall
RE/MAX Edge
Buyer's Agent
Dave Potts
Empower Real Estate, LLC
List Price
$185,900
Sold Price
$182,000
Premium/Discount to List
-$3,900
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,437
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Issa Melody N -- --
Snow Doretha -- None Available
Mcnulty Michael Paul $182,000 Kirsh Title Services Inc
Nisar Nazir M $113,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Issa Melody N $284,747
Previous Owner Snow Doretha $224,852
Previous Owner Mcnulty Michael Paul $175,437
Closed Issa Melody N $8,542
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2023 03/27/23 Sold $290,000 +3.6% $134 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $280,000 +22.3% $129 / Sq Ft
12/02/2020 12/02/20 Sold $229,000 0.0% $106 / Sq Ft View Prior Sale
10/25/2020 10/25/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $229,000 +25.8% $106 / Sq Ft
03/03/2012 03/03/12 Sold $182,000 -2.1% $107 / Sq Ft View Prior Sale
02/05/2012 02/05/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $185,900 -- $109 / 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 $2,542 $59,700 $10,700 $49,000
2023 $2,472 $59,700 $10,700 $49,000
2022 $2,467 $59,700 $10,700 $49,000
2021 $2,415 $59,700 $10,700 $49,000
2020 $2,352 $59,700 $10,700 $49,000
2019 $2,323 $59,700 $10,700 $49,000
2018 $149 $59,700 $10,700 $49,000
2017 $1,947 $59,700 $10,700 $49,000
2016 $1,947 $59,700 $10,700 $49,000
2015 $1,774 $59,700 $10,700 $49,000
2014 $1,773 $59,700 $10,700 $49,000
Source: Public Records

Agents Affiliated with this Home

  • Latonya Newsome

    Seller's Agent in 2023

    Latonya Newsome

    Keller Williams Realty - Cherry Hill

    (302) 561-2117

    1 in this area

    7 Total Sales

    Latonya Newsome
    Section Image
  • Allen Stokes

    Buyer's Agent in 2023

    Allen Stokes

    EXP Realty, LLC

    (267) 205-8461

    2 in this area

    13 Total Sales

    Allen Stokes
    Section Image

  • D

    Seller's Agent in 2020

    Dave Potts

    Empower Real Estate, LLC

    (302) 545-7482

    12 Total Sales

    Dave Potts
    Section Image
  • Traci Madison

    Buyer's Agent in 2020

    Traci Madison

    Madison Real Estate Inc. DBA MRE Residential Inc.

    (302) 275-7575

    1 in this area

    75 Total Sales

    Traci Madison
    Section Image

  • E

    Seller's Agent in 2012

    Eric Marshall

    RE/MAX

See All Agents

Map

Source: Bright MLS

MLS Number: DENC2037720

Bright MLS

APN: 08-054.20-035

Delaware New Castle County Newark 19711

131 Richards Ln, Newark, DE

Not Listed for Sale

Townhouses

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