Landlord's Agent in 2024
Ping Xu
RE/MAX
(302) 743-3604
5 in this area
173 Total Sales
1711 Mel Ln Newark, DE 19713
Estimated Value: $443,249 - $532,000
3
Beds
2.5
Baths
1,925
Sq Ft
$254/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
About This Home
As of March 2024Very spacious 3-year new end unit 3 bedrooms, 2.5 baths townhouse in sought after community of Chestnut Hill Preserves in Newark, Delaware. The property boasts of about 2,000 square feet of living space. Extremely convenient location: walking distance to shops and restaurants, and within 5-10 minutes' drive to I-95 and downtown Newark, and 20 minutes' drive to downtown Wilmington.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,226
Year Built
- Built in 2020
Lot Details
- 3,049 Sq Ft Lot
HOA Fees
- $42 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Colonial Architecture
- Aluminum Siding
- Stone Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,925 Sq Ft Home
- Property has 3 Levels
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Residential Lease
- Security Deposit $3,000
- $300 Move-In Fee
- Tenant pays for light bulbs/filters/fuses/alarm care, minor interior maintenance, all utilities, trash removal
- The owner pays for common area maintenance, real estate taxes
- Rent includes hoa/condo fee, common area maintenance
- No Smoking Allowed
- 12-Month Min and 36-Month Max Lease Term
- Available 1/8/24
- $40 Application Fee
- $150 Repair Deductible
- Assessor Parcel Number 11-003.30-156
Community Details
Overview
- Chestnut Hill Subdivision
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2023
Closed on
Dec 27, 2023
Sold by
Bommoju Anvesh
Bought by
Zheng Xiong and Lin Lu
Seller's Agent
KISHORE GONTU
Concord Realty Group
Buyer's Agent
Tia Gianakis
Concord Realty Group
List Price
$460,000
Sold Price
$445,000
Premium/Discount to List
-$15,000
-3.26%
Views
65
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
$43,312
Avg. Annual Appreciation
5.92%
Original Mortgage
$333,750
Outstanding Balance
$328,712
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$160,594
Purchase Details
Closed on
Dec 11, 2020
Sold by
Nvr Inc
Bought by
Bommoju Anvesh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,955
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2020
Sold by
Tac Chestnut Hill Llc
Bought by
Nvr Inc
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 |
|---|---|---|---|
| Zheng Xiong | -- | None Listed On Document | |
| Bommoju Anvesh | $318,900 | None Available | |
| Nvr Inc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zheng Xiong | $333,750 | |
| Previous Owner | Bommoju Anvesh | $302,955 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2024 03/01/24 | Rented | $2,900 | 0.0% | -- |
| 02/10/2024 02/10/24 | Under Contract | -- | -- | -- |
| 01/24/2024 01/24/24 | Price Changed | $2,900 | -3.3% | $2 / Sq Ft |
| 01/06/2024 01/06/24 | For Rent | $3,000 | 0.0% | -- |
| 12/27/2023 12/27/23 | Sold | $445,000 | -3.3% | $231 / Sq Ft |
| 11/25/2023 11/25/23 | Pending | -- | -- | -- |
| 11/15/2023 11/15/23 | For Sale | $460,000 | -- | $239 / 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 | $3,226 | $73,400 | $7,700 | $65,700 |
| 2023 | $3,141 | $73,400 | $7,700 | $65,700 |
| 2022 | $3,119 | $73,400 | $7,700 | $65,700 |
| 2021 | $3,053 | $73,400 | $7,700 | $65,700 |
| 2020 | $8 | $3,900 | $3,900 | $0 |
| 2019 | $136 | $3,900 | $3,900 | $0 |
| 2018 | $132 | $3,900 | $3,900 | $0 |
| 2017 | $0 | $3,900 | $3,900 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ping Xu
-
KISHORE GONTU
K
Seller's Agent in 2023
KISHORE GONTU
Concord Realty Group
(302) 218-9015
1 in this area
26 Total Sales
-
Tia Gianakis
Buyer's Agent in 2023
Tia Gianakis
Concord Realty Group
(302) 545-0189
3 in this area
28 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2054624
APN: 11-003.30-156
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