NOT LISTED FOR SALE

16 Somerset Ln Newark, DE 19711

North Star Area

Estimated Value: $644,000 - $720,116

4 Beds
3.5 Baths
3,150 Sq Ft
$216/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2025

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

Est. 4% increase in value since last sale

Current estimated payment $4,054 / mo

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 $680,779, approximately $216 per square foot. This property was built in 1989. 16 Somerset Ln is a home located in New Castle County.

Last Agent to Sell the Property

Jeff Bollinger

(302) 999-9999 gail.renulfi@foxroach.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

Range of Values:

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

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,126

Year Built

  • Built in 1989

Lot Details

  • 25,265 Sq Ft 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
  • Heating System Uses Natural Gas
  • 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

0.58 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Feb 28, 2025
Sold by
Bought by
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
$680,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,279
Avg. Annual Appreciation
3.01%
Original Mortgage
$456,750
Outstanding Balance
$450,538
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$230,241

Purchase Details

Closed on
Aug 15, 2024
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2003
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Newark, DE

  • Lauri Brockson Real Estate Agent - Patterson-Schwartz-Newark

    Lauri Brockson

    Patterson-Schwartz-Newark

    (302) 268-9537

    178 Total Sales

    3 in North Star

    $630K - $703K Price Range

    Lauri Brockson
     Section Image
  • Will Webber Real Estate Agent - Empower Real Estate, LLC

    Will Webber

    Empower Real Estate, LLC

    (856) 895-2161

    39 Total Sales

    1 in North Star

    $560,000 Price

    Will Webber
     Section Image
  • Sandra Massari Real Estate Agent - RE/MAX Excellence - Kennett Square

    Sandra Massari

    RE/MAX Excellence - Kennett Square

    (484) 734-2643

    100 Total Sales

    1 in North Star

    $665,000 Price

    Sandra Massari
     Section Image
  • Jerry Strusowski Real Estate Agent - BHHS Fox & Roach-Kennett Sq

    Jerry Strusowski

    BHHS Fox & Roach-Kennett Sq

    (302) 504-6332

    42 Total Sales

    1 in North Star

    $561,300 Price

    Jerry Strusowski
     Section Image
  • Mark Adcock Real Estate Agent - RE/MAX Edge

    Mark Adcock

    RE/MAX Edge

    (302) 600-1457

    25 Total Sales

    1 in North Star

    $1,000,000 Price

    Mark Adcock
     Section Image
  • Joseph Kreisher Real Estate Agent - RE/MAX Associates

    Joseph Kreisher

    RE/MAX Associates

    (302) 281-1225

    40 Total Sales

    1 in North Star

    $541,000 Price

    Joseph Kreisher
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$652,500 None Listed On Document
-- None Listed On Document
-- None Available
$374,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $456,750
Previous Owner --
Previous Owner $50,000
Previous Owner $285,750
Previous Owner $57,750
Previous Owner $299,920
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,295 $628,100 $116,100 $512,000
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 Real Estate Agent - BHHS Fox & Roach

    Seller's Agent in 2025

    Jeff Bollinger

    BHHS Fox & Roach

    (302) 593-6668

    170 Total Sales

    Jeff Bollinger
    Section Image

  • E

    Buyer's Agent in 2025

    Elizabeth Holst

    RE/MAX

    (302) 234-2500

    31 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

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