NOT LISTED FOR SALE

16 Spring Dr Newark, DE 19702

Estimated Value: $295,361 - $304,000

3 Beds
1.5 Baths
1,325 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 23, 2014

Last sale price $109,317 $83 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,769/month

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • Living Room
  • Deck
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of August 2014

COMING SOON! Renovated 3 Bed & 1 1/2 Bath Town-home w/ a finish basement near major shopping & roads in the secluded neighborhood of Brookfield. The following is work that will be done before tenant move-in: House will be freshly painted; Carpet will be installed on upper level; Kitchen floor will be replaced; New refrigerator & dishwasher will be installed; New front steps will be installed; Landscaping in front yard will be cleaned up & exterior woodwork will be re-painted. The large eat-in kitchen includes an island and sliders that lead to a deck overlooking the backyard. The basement is finished for additional living space. The master bedroom has a cathedral ceiling & walk-in closet. SPECIAL CLAUSES: 1) No Smoking Permitted 2) No Pets Permitted 3) Tenant resposible for all utilities including water & sewer 4) Tenant responsible for trash & snow removal 5) Tenant pays for cable 6) Tenant responsible for lawn care which includes grass cutting, weeding & leaf removal 7) Tenant to show proof of renters insurance before time of occupancy 8) No alterations to home or grounds without the written permission of the Owner 10) community regulations apply.

Last Agent to Rent the Property

Michael Maloney

(302) 353-9364 mmaloney@psre.com Patterson-Schwartz-Newark Listed on: 05/06/2014

Patterson-Schwartz-Newark

Last Renter's Agent

SUSAN MOAK

susiemoak@gmail.com Empower Real Estate, LLC License #TREND:60017233

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,303

Year Built

  • Built in 1996

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20 x 90

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,325 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Family Room
  • Living Room
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Deck

Schools

  • Jones Elementary School
  • Shue-Medill Middle School
  • Christiana High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,250
  • Tenant pays for electricity, heat, gas, water, sewer, hot water, trash removal, cable TV
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 5/6/14
  • $50 Application Fee
  • Assessor Parcel Number 10.038-20.069

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, snow removal
  • Brookfield Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,303

Year Built

Built in 1996

Lot Details

0

Rental Info

  • Date Available: 2014-05-06
  • Application Fee: 50.00
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Security Deposit: 1250.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Heat, Gas, Water, Sewer, Hot Water, Trash Removal, Cable Tv
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Inclusions: Range; Refrig; W/D; Dw & Disposal
  • New Construction: No
  • Storage: Basement
  • Story List: Lower 1, Main
  • Year Built: 1996
  • Remarks Public: COMING SOON! Renovated 3 Bed & 1 1/2 Bath Town-home w/ a finish basement near major shopping & roads in the secluded neighborhood of Brookfield. The following is work that will be done before tenant move-in: House will be freshly painted; Carpet will be installed on upper level; Kitchen floor will be replaced; New refrigerator & dishwasher will be installed; New front steps will be installed; Landscaping in front yard will be cleaned up & exterior woodwork will be re-painted. The large eat-in kitchen includes an island and sliders that lead to a deck overlooking the backyard. The basement is finished for additional living space. The master bedroom has a cathedral ceiling & walk-in closet. SPECIAL CLAUSES: 1) No Smoking Permitted 2) No Pets Permitted 3) Tenant resposible for all utilities including water & sewer 4) Tenant responsible for trash & snow removal 5) Tenant pays for cable 6) Tenant responsible for lawn care which includes grass cutting, weeding & leaf removal 7) Tenant to show proof of renters insurance before time of occupancy 8) No alterations to home or grounds without the written permission of the Owner 10) community regulations apply.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Range Hood, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1325
  • Living Area Sq Ft: 1325
  • Net Sq Ft: 1325.00
  • Price Per Sq Ft: 0.94
  • Above Grade Finished Sq Ft: 1325
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes

Schools

  • School District: CHRISTINA
  • Elementary School: JONES
  • Middle School: SHUE-MEDILL
  • High School: CHRISTIANA
  • School District Key: 300200396890
  • Elementary School: JONES
  • High School: CHRISTIANA
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20 X 90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Deck(s)

Tax Info

  • Assessor Parcel Number: 2324134
  • Assessor Parcel Number: 10.038-20.069
  • Close Date: 08/01/2014

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2013
Closed on
Apr 11, 2014
Sold by
Stansbury Jeanette I
Bought by
Chandran Vidyalakshmi
Seller's Agent
Lynette Scott
Presto Realty Company
Buyer's Agent
Carol Blackburn
Patterson-Schwartz-Newark
List Price
$130,000
Sold Price
$109,317
Premium/Discount to List
-$20,683
-15.91%
Current Estimated Value
$300,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,523
Avg. Annual Appreciation
9.19%
Original Mortgage
$81,988
Outstanding Balance
$62,373
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$238,467

Purchase Details

Closed on
Aug 28, 2002
Sold by
Brown Larry L
Bought by
Stansbury Jeanette I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,981
Interest Rate
6.39%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Chandran Vidyalakshmi $109,317 None Available
Stansbury Jeanette I $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandran Vidyalakshmi $81,988
Previous Owner Stansbury Jeanette I $128,981
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2014 08/01/14 Rented $1,250 -2.0% --
07/07/2014 07/07/14 Under Contract -- -- --
05/06/2014 05/06/14 For Rent $1,275 0.0% --
04/23/2014 04/23/14 Sold $109,317 -15.9% $83 / Sq Ft View Prior Sale
03/07/2014 03/07/14 For Sale $130,000 0.0% $98 / Sq Ft
01/16/2014 01/16/14 Pending -- -- --
12/10/2013 12/10/13 For Sale $130,000 -- $98 / 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 $2,303 $52,400 $7,300 $45,100
2023 $2,243 $52,400 $7,300 $45,100
2022 $2,227 $52,400 $7,300 $45,100
2021 $2,179 $52,400 $7,300 $45,100
2020 $2,119 $52,400 $7,300 $45,100
2019 $2,044 $52,400 $7,300 $45,100
2018 $1,837 $52,400 $7,300 $45,100
2017 $1,774 $52,400 $7,300 $45,100
2016 $1,761 $52,400 $7,300 $45,100
2015 $1,610 $52,400 $7,300 $45,100
2014 $1,611 $52,400 $7,300 $45,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002917314

Bright MLS

APN: 10-038.20-069