Seller's Agent in 2021
Jan Patrick
Compass
(484) 883-4532
187 Total Sales
18 Reese Dr Newark, DE 19711
Estimated Value: $1,089,000 - $1,353,494
4
Beds
4.5
Baths
8,965
Sq Ft
$137/Sq Ft
Est. Value
Highlights
- Eat-In Gourmet Kitchen
- Open Floorplan
- Colonial Architecture
- North Star Elementary School Rated A
- Dual Staircase
- Deck
About This Home
As of July 2021Resting on nearly an acre in the sought after community of Merestone, this home provides a private haven to return to at the end of the day. Upon entering the front door of this exquisitely designed residence, guests feel welcomed into a grand retreat that exudes both grace and style. This home, with expansive rear deck and patio, as well as front patio, masterfully connects the indoors and outdoors creating a dazzling year-round retreat. Open floor plan, soaring cathedral ceilings, and gleaming hardwood floors are only some of the desirable features found in this lovely home. Entertaining is a dream in the gourmet kitchen with gorgeous cabinetry, large center island with seating, and top-of-the-line stainless steel appliances including Wolf range and Subzero refrigerator. There is also a butlers pantry with wine refrigerator. The two-story family room is open to the kitchen and features a floor-to-ceiling stone fireplace, rear staircase, and French doors that lead to a spectacular sun room with views of the expansive deck and yard beyond. Further examination leads to the upper level owner’s suite with two walk-in closets, and full bath with two vanities, oversized soaking tub, and separate shower. One of the additional bedrooms has an en-suite bath while the other two share a hall bath. Indeed, there is no lack of space in this home as it also includes a finished lower level with recreation area, stone fireplace, and full bath. Location convenient to restaurants and shops and major access routes. Just minutes from Hockessin, Newark, Pike Creek, and more! *Hardwood upgrade has been made to the family room, master bedroom, and spare bedroom. *Stucco remediation was completed in 2015 when property was purchased. Inspection and repair documentation available upon request.
Last Agent to Sell the Property
(302) 202-9855 ashley.hess@compass.com Compass License #RS-0009488 Listed on: 05/21/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,295
Year Built
- Built in 1990
Lot Details
- 36,590 Sq Ft Lot
- Property is zoned NC21
HOA Fees
- $4 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Side Facing Garage
Home Design
- Colonial Architecture
- Traditional Architecture
- Stone Siding
- Stucco
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Dual Staircase
- Ceiling Fan
- Recessed Lighting
- 3 Fireplaces
- Stone Fireplace
- Family Room Off Kitchen
- Living Room
- Dining Room
- Den
- Recreation Room
- Bonus Room
- Sun or Florida Room
- Wood Flooring
Kitchen
- Eat-In Gourmet Kitchen
- Butlers Pantry
- Double Oven
- Gas Oven or Range
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
Finished Basement
- Walk-Out Basement
- Exterior Basement Entry
- Basement Windows
Outdoor Features
- Deck
- Patio
Schools
- North Star Elementary School
- Dupont H Middle School
- Dickinson High School
Utilities
- 90% Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- On Site Septic
Community Details
- Merestone Subdivision
Listing and Financial Details
- Assessor Parcel Number 08-022.20-061
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
May 21, 2021
Closed on
Jul 22, 2021
Sold by
Bought by
Seller's Agent
Jan Patrick
Compass
Buyer's Agent
Arthur Brown
Empower Real Estate, LLC
List Price
$950,000
Sold Price
$942,000
Premium/Discount to List
-$8,000
-0.84%
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
$284,624
Avg. Annual Appreciation
5.47%
Original Mortgage
$753,600
Outstanding Balance
$675,970
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$550,654
Purchase Details
Listed on
May 6, 2015
Closed on
Jul 28, 2015
Sold by
Bought by
Seller's Agent
Barbara Heilman
Delaware Homes Inc
Buyer's Agent
MaryBeth Tribbitt
Patterson-Schwartz-Hockessin
List Price
$950,000
Sold Price
$880,000
Premium/Discount to List
-$70,000
-7.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.14%
Original Mortgage
$417,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 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
$363,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 18, 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
$363,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 5, 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
$364,000
Interest Rate
6.09%
Purchase Details
Closed on
Jan 24, 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
$364,000
Interest Rate
6.09%
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | None Available | ||
| $875,000 | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
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 | $753,600 | ||
| Previous Owner | $417,000 | ||
| Previous Owner | $363,000 | ||
| Previous Owner | $364,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2021 07/21/21 | Sold | $942,000 | -0.8% | $105 / Sq Ft | |
| 06/07/2021 06/07/21 | Pending | -- | -- | -- | |
| 05/21/2021 05/21/21 | For Sale | $950,000 | +8.0% | $106 / Sq Ft | |
| 07/28/2015 07/28/15 | Sold | $880,000 | -7.4% | $127 / Sq Ft | View Prior Sale |
| 06/23/2015 06/23/15 | Pending | -- | -- | -- | |
| 05/06/2015 05/06/15 | For Sale | $950,000 | -- | $137 / 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 | $9,418 | $1,189,300 | $129,700 | $1,059,600 |
| 2024 | $9,263 | $250,700 | $27,900 | $222,800 |
| 2023 | $8,172 | $250,700 | $27,900 | $222,800 |
| 2022 | $8,269 | $250,700 | $27,900 | $222,800 |
| 2021 | $8,295 | $250,700 | $27,900 | $222,800 |
| 2020 | $8,295 | $250,700 | $27,900 | $222,800 |
| 2019 | $8,282 | $250,700 | $27,900 | $222,800 |
| 2018 | $8,118 | $250,700 | $27,900 | $222,800 |
| 2017 | $7,658 | $250,700 | $27,900 | $222,800 |
| 2016 | $7,658 | $250,700 | $27,900 | $222,800 |
| 2015 | -- | $250,700 | $27,900 | $222,800 |
| 2014 | $6,640 | $250,700 | $27,900 | $222,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jan Patrick
-
Arthur Brown
Buyer's Agent in 2021
Arthur Brown
Empower Real Estate, LLC
(302) 265-3997
29 Total Sales
-
Barbara Heilman
B
Seller's Agent in 2015
Barbara Heilman
Delaware Homes Inc
(302) 378-9510
646 Total Sales
-
MaryBeth Tribbitt
Buyer's Agent in 2015
MaryBeth Tribbitt
Patterson Schwartz
(302) 234-6029
74 Total Sales
Map
Source: Bright MLS
MLS Number: DENC527228
APN: 08-022.20-061
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