Seller's Agent in 2025
Jeff Bollinger
BHHS Fox & Roach
(302) 593-6668
38 in this area
174 Total Sales
16 Somerset Ln Newark, DE 19711
4
Beds
3.5
Baths
3,150
Sq Ft
0.58
Acres
Highlights
- Colonial Architecture
- 1 Fireplace
- 2 Car Attached Garage
- Cathedral Ceiling
- No HOA
- Living Room
About This Home
As of February 2025This home is located at 16 Somerset Ln, Newark, DE 19711 and is currently priced at $652,500, approximately $207 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
(302) 593-6668 jeff@jeffbollinger.com BHHS Fox & Roach - Hockessin License #RS-0008812 Listed on: 01/31/2025
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
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
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
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $652,500 | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $374,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $456,750 | New Conventional | |
| Previous Owner | $299,920 | Purchase Money Mortgage | |
| Closed | $15,000 | No Value Available |
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
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
-
Elizabeth Holst
E
Buyer's Agent in 2025
Elizabeth Holst
RE/MAX
(302) 234-2500
1 in this area
32 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2075086
APN: 08-029.10-041
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