NOT LISTED FOR SALE

18 Somerset Ln Newark, DE 19711

Estimated Value: $666,052 - $731,000

4 Beds
2.5 Baths
3,225 Sq Ft
$218/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $459,900 $143 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,216/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Deck
  • 2 Car Direct Access Garage
  • Wet Bar

About This Home

As of October 2019

Welcome to 18 Somerset Lane, located in the sought after development of Cotswold Hills. This Corozzi built brick front colonial is situated on .84 beautiful acres. Enter the home and take note of the natural light as it enhances the elegant wood flooring in the foyer through the custom glass windowpanes of the front door. To the right is the formal dining room with the added touch of wainscot paneling and crown molding. Turn left and step down into the oversize family room offering a brick gas fireplace, comfy plush carpeting and large bay window overlooking the rear yard. The family room flows naturally into the kitchen with a desirable open concept between the two rooms. The gourmet kitchen boasts gorgeous solid white cabinets, tiled flooring, a gas range, matching appliances, a double sink with granite counter-tops and tiled backsplash. It even has an eat-in breakfast area! The powder room with granite vanity and laundry/ mudroom with tile flooring and plenty of storage complete the first level. Relax in the master suite with vaulted ceiling, walk-in closet, jetted tub and stall shower. Three additional perfectly sized bedrooms and full bath finish the second floor. Use your imagination in the finished basement complete with fresh carpeting, recessed lights, as well as, plenty of natural lighting from the oversized windows, custom shelving for the television and electronics; it even has an additional storage room! Unwind on the trex deck in the private back yard setting with eye catching vibrant green grass, a newly installed fence with secure gates, and mature trees that border the rear of the property. Located off of Corner Ketch Road and convenient to Hockessin, the University of Delaware, and just minutes from the Hockessin Athletic Club gym, acres upon acres of White Clay Creek Preserve and many of the areas most appealing restaurants. This home will not disappoint. Schedule your appointment today!

Last Agent to Sell the Property

Brian Hadley

(302) 388-2984 bhadley@psre.com Patterson-Schwartz-Hockessin Listed on: 08/19/2019

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Kerri L. Molnar

(302) 650-5616 kerrimolnar@gmail.com Keller Williams Realty Wilmington License #RS314183

Keller Williams Realty Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,453

Year Built

  • Built in 1993

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 128x230
  • Split Rail Fence
  • Property is in very good condition
  • Property is zoned NC21

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Crown Molding
  • Wainscoting
  • Gas Fireplace
  • Wood Flooring
  • Laundry on main level
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

  • Maclary Elementary School
  • Shue-Medill Middle School
  • Newark High School

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Cotswold Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0802910042

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,453

Year Built

Built in 1993

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1993
  • Remarks Public: Welcome to 18 Somerset Lane, located in the sought after development of Cotswold Hills. This Corozzi built brick front colonial is situated on .84 beautiful acres. Enter the home and take note of the natural light as it enhances the elegant wood flooring in the foyer through the custom glass windowpanes of the front door. To the right is the formal dining room with the added touch of wainscot paneling and crown molding. Turn left and step down into the oversize family room offering a brick gas fireplace, comfy plush carpeting and large bay window overlooking the rear yard. The family room flows naturally into the kitchen with a desirable open concept between the two rooms. The gourmet kitchen boasts gorgeous solid white cabinets, tiled flooring, a gas range, matching appliances, a double sink with granite counter-tops and tiled backsplash. It even has an eat-in breakfast area! The powder room with granite vanity and laundry/ mudroom with tile flooring and plenty of storage complete the first level. Relax in the master suite with vaulted ceiling, walk-in closet, jetted tub and stall shower. Three additional perfectly sized bedrooms and full bath finish the second floor. Use your imagination in the finished basement complete with fresh carpeting, recessed lights, as well as, plenty of natural lighting from the oversized windows, custom shelving for the television and electronics; it even has an additional storage room! Unwind on the trex deck in the private back yard setting with eye catching vibrant green grass, a newly installed fence with secure gates, and mature trees that border the rear of the property. Located off of Corner Ketch Road and convenient to Hockessin, the University of Delaware, and just minutes from the Hockessin Athletic Club gym, acres upon acres of White Clay Creek Preserve and many of the areas most appealing restaurants. This home will not disappoint. Schedule your appointment today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range
  • Interior Amenities: Crown Moldings, Kitchen - Eat-In, Wainscotting, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3225
  • Living Area Sq Ft: 3225
  • Price Per Sq Ft: 202.15
  • Above Grade Finished Sq Ft: 2275
  • Below Grade Finished Sq Ft: 950
  • Total Below Grade Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Vinyl Siding
  • 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: Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 185.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • Elementary School: MACLARY
  • Middle School: SHUE-MEDILL
  • High School: NEWARK
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • Elementary School: MACLARY
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Fencing: Split Rail
  • Land Lease: No
  • Lot Size Acres: 0.84
  • Lot Dimensions: 128X230
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36590.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good, Very Good
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2273569
  • Tax Annual Amount: 4453.00
  • Assessor Parcel Number: 0802910042
  • Tax Year: 2018
  • Close Date: 10/01/2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Oct 1, 2019
Sold by
Walker Jeffrey K and Walker Angela P
Bought by
Dibartolo Kristen and Dibartolo Christopher
Seller's Agent
Brian Hadley
Patterson-Schwartz-Hockessin
Buyer's Agent
Kerri L. Molnar
Keller Williams Realty Wilmington
List Price
$459,900
Sold Price
$459,900
Current Estimated Value
$704,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,613
Avg. Annual Appreciation
7.37%
Original Mortgage
$413,910
Outstanding Balance
$363,405
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$341,108

Purchase Details

Listed on
Jul 30, 2014
Closed on
Nov 14, 2014
Sold by
Decarlo Steven J and Decarlo Michele
Bought by
Walker Jeffrey K and Papili Angela Leigh
Seller's Agent
Marcus Duphily
Patterson-Schwartz-Hockessin
Buyer's Agent
Marcus Duphily
Patterson-Schwartz-Hockessin
List Price
$409,900
Sold Price
$406,250
Premium/Discount to List
-$3,650
-0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$385,937
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2003
Sold by
Decarlo Steven J and Decarlo Declaration O Steven J
Bought by
Decarlo Steven J and Decarlo Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.11%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Dibartolo Kristen $459,900 None Available
Walker Jeffrey K $406,250 None Available
Decarlo Steven J -- Security Title Guarantee Cor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dibartolo Kristen $413,910
Previous Owner Walker Jeffrey K $385,937
Previous Owner Decarlo Steven J $134,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $459,900 0.0% $143 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $459,900 +13.2% $143 / Sq Ft
11/14/2014 11/14/14 Sold $406,250 -0.9% $117 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $409,900 -- $118 / 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 $5,581 $127,000 $31,600 $95,400
2023 $5,435 $127,000 $31,600 $95,400
2022 $5,397 $127,000 $31,600 $95,400
2021 $5,282 $127,000 $31,600 $95,400
2020 $5,137 $127,000 $31,600 $95,400
2019 $4,799 $127,000 $31,600 $95,400
2018 $207 $127,000 $31,600 $95,400
2017 $4,267 $127,000 $31,600 $95,400
2016 $4,267 $127,000 $31,600 $95,400
2015 $3,902 $127,000 $31,600 $95,400
2014 $3,904 $127,000 $31,600 $95,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC485310

Bright MLS

APN: 08-029.10-042