Seller's Agent in 2021
Linda Hanna
Patterson Schwartz
(302) 547-5836
11 in this area
201 Total Sales
14 Ritter Ln Newark, DE 19711
Estimated Value: $503,732 - $568,000
3
Beds
2
Baths
2,425
Sq Ft
$222/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Den
- Oversized Parking
- No HOA
- 2 Car Direct Access Garage
- Living Room
About This Home
As of November 2021Lovely Brick Cape Cod home in nice community around the U of D. Currently 3 bedrooms and 2 baths with the potential to be 5 bedrooms and 3 baths above grade. The home is in good condition with hardwood floors in most rooms. The living room has a fireplace that is double sided with the kitchen. An open floor plan from the living room to the dining room makes it great for entertaining a crowd. The kitchen has new countertops, double sink, cooktop, newer wall oven, dishwasher and is eat-in. The primary bedroom has it's own private bath. Two additional bedrooms and a full hall bath round out the main level. Upstairs, find a large office or den. Talk about potential, there are two other bedrooms that have been studded out and partially drywalled. There is also potential for a full bath upstairs with the plumbing already "roughed-in". Take the steps to the full basement just waiting to be finished with an egress through the 2 car oversized garage. The back yard is beautiful and backs to a wooded area. The beautiful, landscaped lot is a very good size. The home within walking distance to the University of Delaware, Main Street Shopping, Restaurants, Communities Pools and close to the Newark Country Club. It is within the 5 mile radius of Newark Charter School as well. This home has been freshly painted and just waiting for it's new owner. Stop in to view it and you'll want to call it home. This home is being sold "as is".
Last Agent to Sell the Property
(302) 547-5836 lhanna@psre.com Patterson-Schwartz-Hockessin License #RS307525 Listed on: 10/12/2021
Co-Listed By
(302) 893-4373 keddins@psre.com Patterson-Schwartz-Hockessin License #RS-296880
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,119
Year Built
- Built in 1961
Lot Details
- 0.28 Acre Lot
- Property is zoned 18RS
Parking
- 2 Car Direct Access Garage
- 6 Driveway Spaces
- Oversized Parking
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Block Foundation
- Wood Siding
Interior Spaces
- 2,425 Sq Ft Home
- Property has 1.5 Levels
- Double Sided Fireplace
- Living Room
- Dining Room
- Den
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Newark Subdivision
Listing and Financial Details
- Assessor Parcel Number 18-032.00-013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2021
Closed on
Nov 22, 2021
Sold by
Organist Donna M and Organist Gale
Bought by
Sharp David F and Sharp Jane M
Seller's Agent
Linda Hanna
Patterson-Schwartz-Hockessin
Buyer's Agent
Gabriel Quansah
EXP Realty, LLC
List Price
$375,000
Sold Price
$402,000
Premium/Discount to List
$27,000
7.2%
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
$135,933
Avg. Annual Appreciation
7.80%
Original Mortgage
$321,600
Outstanding Balance
$295,098
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$242,835
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 |
|---|---|---|---|
| Sharp David F | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sharp David F | $321,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2021 11/22/21 | Sold | $402,000 | +7.2% | $166 / Sq Ft |
| 10/18/2021 10/18/21 | Pending | -- | -- | -- |
| 10/12/2021 10/12/21 | For Sale | $375,000 | -- | $155 / 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 | $2,853 | $77,000 | $13,000 | $64,000 |
| 2023 | $1,911 | $77,000 | $13,000 | $64,000 |
| 2022 | $2,755 | $77,000 | $13,000 | $64,000 |
| 2021 | $1,120 | $77,000 | $13,000 | $64,000 |
| 2020 | $1,074 | $77,000 | $13,000 | $64,000 |
| 2019 | $879 | $77,000 | $13,000 | $64,000 |
| 2018 | $4,178 | $77,000 | $13,000 | $64,000 |
| 2017 | $209 | $77,000 | $13,000 | $64,000 |
| 2016 | -- | $77,000 | $13,000 | $64,000 |
| 2015 | $613 | $77,000 | $13,000 | $64,000 |
| 2014 | -- | $77,000 | $13,000 | $64,000 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Hanna
-
Kathleen Eddins
Seller Co-Listing Agent in 2021
Kathleen Eddins
Patterson Schwartz
(302) 893-4373
12 in this area
227 Total Sales
-
Gabriel Quansah
Buyer's Agent in 2021
Gabriel Quansah
EXP Realty, LLC
(302) 563-1766
3 in this area
51 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2000571
APN: 18-032.00-013
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