Seller's Agent in 2023
Thomas Desper
Compass
(302) 357-7282
3 in this area
133 Total Sales
1A Laurel Ave Newark, DE 19711
Estimated Value: $366,282 - $396,000
4
Beds
2
Baths
1,700
Sq Ft
$225/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- No HOA
- Forced Air Heating and Cooling System
- Wood Flooring
- Level Entry For Accessibility
About This Home
As of December 2023New listing and price now includes adjacent building lot (1129 Capitol Trail- Parcel #0805430261)! Whether you wish to enjoy the additional space, sell the lot at a later date or build, the additional 0.16 acre lot offers so much space! This move in-ready Cape Cod style home is located near the University of Delaware campus and downtown Newark with 4 bedrooms / 2 full bathrooms. Notable updates include a new architectural roof (2022), two new refrigerators (2023 & 2020), new stove with oven (2023), two new showers with glass sliding doors (2023), dishwasher (2022), washer & dryer (2020), hot water heater (2020), and sump pump (2020). You will find hardwood floors throughout, a sun room addition with tile , wood-burning fireplace, cedar closets, and unfinished basement with walk up egress, which can be finished for additional living space. Cooking is a pleasure in the updated kitchen with shaker style oak cabinets, plenty of counterspace and updated appliances. Outside the home boasts a fenced yard and a spacious driveway with plenty of parking. Right across the street are several shopping centers with numerous amenities and eateries. With this convenient location, this house can be used as a home office or homeowner-occupied business. In the past, this house was used for home business and could also be used as an income-producing value asset as a rental. With a strong rental demand in the current market, it can easily rent for $2,500 per month. LOCATION! LOCATION! LOCATION! Schedule your tour today.
Last Agent to Sell the Property
(302) 357-7282 thomas.desper@compass.com Compass License #RS-0020189 Listed on: 10/16/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,132
Year Built
- Built in 1951
Lot Details
- 0.3 Acre Lot
- Chain Link Fence
- Property is zoned NC5
Parking
- Off-Street Parking
Home Design
- Cape Cod Architecture
- Block Foundation
- Architectural Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,700 Sq Ft Home
- Property has 1.5 Levels
- Brick Fireplace
Flooring
- Wood
- Tile or Brick
Bedrooms and Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Accessible Home Design
- Level Entry For Accessibility
Schools
- Newark High School
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Electric Water Heater
Community Details
- No Home Owners Association
- Roseville Park Subdivision
Listing and Financial Details
- Tax Lot 070
- Assessor Parcel Number 08-054.30-070 & 08-054.30-261
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2023
Closed on
Dec 8, 2023
Sold by
Tran Hieu Quang
Bought by
Bui-Le Long K and Le Chau T
Seller's Agent
Thomas Desper
Compass
Buyer's Agent
Mary Norris
Patterson-Schwartz-Hockessin
List Price
$389,000
Sold Price
$389,000
Views
188
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
-$6,429
Avg. Annual Appreciation
-0.92%
Original Mortgage
$258,300
Outstanding Balance
$254,634
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$127,937
Purchase Details
Closed on
Apr 14, 2018
Sold by
Spears Ken and Spears Jewel
Bought by
Tran Hieu Quang
Purchase Details
Closed on
May 27, 2010
Sold by
3D Builders Inc
Bought by
Spears Ken and Spears Jewel
Purchase Details
Closed on
Dec 28, 2009
Sold by
3D Builders Inc
Bought by
Spears Kenneth and Spears Jewel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 16, 2008
Sold by
Elois M Rohrbaugh Revocable Trust and Bilson Elizabeth R
Bought by
3D Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,600
Interest Rate
6.54%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 24, 2008
Sold by
Rohrbaugh Elois M
Bought by
Elois M Rohrbaugh Revocable Trust and Bilson Elizabeth R
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 |
|---|---|---|---|
| Bui-Le Long K | -- | None Listed On Document | |
| Tran Hieu Quang | -- | None Available | |
| Spears Ken | $199,000 | None Available | |
| 3D Builders Inc | $199,000 | None Available | |
| Spears Kenneth | $199,000 | None Available | |
| 3D Builders Inc | $375,000 | None Available | |
| Elois M Rohrbaugh Revocable Trust | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bui-Le Long K | $258,300 | |
| Previous Owner | Spears Kenneth | $152,000 | |
| Previous Owner | 3D Builders Inc | $701,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/08/2023 12/08/23 | Sold | $389,000 | 0.0% | $229 / Sq Ft |
| 10/26/2023 10/26/23 | Pending | -- | -- | -- |
| 10/16/2023 10/16/23 | For Sale | $389,000 | -- | $229 / 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 | $2,248 | $51,600 | $9,100 | $42,500 |
| 2023 | $2,188 | $51,600 | $9,100 | $42,500 |
| 2022 | $2,174 | $51,600 | $9,100 | $42,500 |
| 2021 | $2,128 | $51,600 | $9,100 | $42,500 |
| 2020 | $2,073 | $51,600 | $9,100 | $42,500 |
| 2019 | $231 | $51,600 | $9,100 | $42,500 |
| 2018 | $1,790 | $51,600 | $9,100 | $42,500 |
| 2017 | $1,728 | $51,600 | $9,100 | $42,500 |
| 2016 | $3,546 | $51,600 | $9,100 | $42,500 |
| 2015 | $1,158 | $51,600 | $9,100 | $42,500 |
| 2014 | $1,570 | $51,600 | $9,100 | $42,500 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Desper
-
Stephen Mottola
Seller Co-Listing Agent in 2023
Stephen Mottola
Compass
(302) 437-6600
10 in this area
676 Total Sales
-
Mary Norris
Buyer's Agent in 2023
Mary Norris
Patterson Schwartz
(302) 234-6020
2 in this area
21 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2050950
APN: 08-054.30-070
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