NOT LISTED FOR SALE

16 Somerset Ln Newark, DE 19711

Estimated Value: $649,000 - $693,000

4 Beds
3.5 Baths
3,150 Sq Ft
$213/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $652,500 $207 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,023/month

3 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Cathedral Ceiling
  • No HOA
  • Living Room

About This Home

As of February 2025

This home is located at 16 Somerset Ln, Newark, DE 19711 since 31 January 2025 and is currently estimated at $672,309, approximately $213 per square foot. This property was built in 1989. 16 Somerset Ln is a home located in New Castle County with nearby schools including R. Elisabeth Maclary Elementary School, Shue-Medill Middle School, and Newark High School.

Last Agent to Sell the Property

Jeff Bollinger

(302) 593-6668 jeff@jeffbollinger.com BHHS Fox & Roach - Hockessin License #RS-0008812 Listed on: 01/31/2025

BHHS Fox & Roach - Hockessin

Last Buyer's Agent

Elizabeth Holst

(302) 234-2500 liz@lizholst.com RE/MAX Elite

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,126

Year Built

  • Built in 1989

Lot Details

  • 0.58 Acre Lot
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cotswold Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-029.10-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,126

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 1/31/2025 12:00:00 AM
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3150
  • Living Area Sq Ft: 3150
  • Price Per Sq Ft: 266.33
  • Above Grade Finished Sq Ft: 2450
  • Below Grade Finished Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Roof: Pitched
  • 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 - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent
  • High School: NEWARK

Lot Info

  • Lot Size Acres: 0.58
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25264.80
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6126.00
  • Assessor Parcel Number: 08-029.10-041
  • Tax Year: 2024

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Feb 28, 2025
Sold by
Joint Revocable Trust Of Peter A Peddric and Peddrick Peter A
Bought by
Wrona Krystian L and Wrona Bozena
Seller's Agent
Jeff Bollinger
BHHS Fox & Roach - Hockessin
Buyer's Agent
Elizabeth Holst
RE/MAX Elite
List Price
$652,500
Sold Price
$652,500
Views
59
Current Estimated Value
$672,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,809
Avg. Annual Appreciation
3.71%
Original Mortgage
$456,750
Outstanding Balance
$454,488
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$217,821

Purchase Details

Closed on
Aug 15, 2024
Sold by
Peter A Peddrick Revocable Trust and Jill Stickney Peddrick Revocable Trust
Bought by
Joint Revocable Trust and Peddrick

Purchase Details

Closed on
Jan 13, 2010
Sold by
Stickney Peddrick Peter A and Stickney Peddrick Jill
Bought by
Stickney Peddrick Peter A and Stickney Peddrick Jill

Purchase Details

Closed on
Jun 27, 2003
Sold by
Lamey G Gerald and Lamey Deborah J
Bought by
Stickney Peddrick Peter A and Stickney Peddrick Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,920
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wrona Krystian L $652,500 None Listed On Document
Joint Revocable Trust -- None Listed On Document
Stickney Peddrick Peter A -- None Available
Stickney Peddrick Peter A $374,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wrona Krystian L $456,750
Previous Owner Stickney Peddrick Peter A $299,920
Closed Stickney Peddrick Peter A $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $652,500 0.0% $207 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $652,500 -- $207 / 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 $6,126 $139,400 $28,800 $110,600
2023 $5,966 $139,400 $28,800 $110,600
2022 $5,924 $139,400 $28,800 $110,600
2021 $5,798 $139,400 $28,800 $110,600
2020 $5,638 $139,400 $28,800 $110,600
2019 $5,540 $139,400 $28,800 $110,600
2018 $4,888 $139,400 $28,800 $110,600
2017 $4,720 $139,400 $28,800 $110,600
2016 $4,684 $139,400 $28,800 $110,600
2015 $4,283 $139,400 $28,800 $110,600
2014 $4,286 $139,400 $28,800 $110,600
Source: Public Records

Agents Affiliated with this Home

  • Jeff Bollinger

    Seller's Agent in 2025

    Jeff Bollinger

    BHHS Fox & Roach

    (302) 593-6668

    38 in this area

    174 Total Sales

    Jeff Bollinger
    Section Image

  • E

    Buyer's Agent in 2025

    Elizabeth Holst

    RE/MAX

    (302) 234-2500

    1 in this area

    32 Total Sales

    Elizabeth Holst
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2075086

Bright MLS

APN: 08-029.10-041

Delaware New Castle County Newark 19711

16 Somerset Ln, Newark, DE

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes