NOT LISTED FOR SALE

2 Chippenham Dr Newark, DE 19711

Estimated Value: $624,564 - $694,000

4 Beds
2.5 Baths
3,300 Sq Ft
$200/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $510,000 $155 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,081/month

37 Days on Market

Highlights

  • 1 Acre Lot
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Contemporary Architecture
  • No HOA
  • Living Room

About This Home

As of November 2021

This 4 bedroom (1st Floor Main), 2 ½ bath contemporary home on a private nicely landscaped acre lot in Chippenham Woods is not to be missed. Beautiful hardwood floors throughout the first floor with natural light that shines through the skylights into the two-story foyer and vaulted ceilings in living room is just the beginning. Two beautiful brick fireplaces and an open floor plan that extends out to the 2-tier deck allow the outside to be enjoyed all year long. This home boosts a large kitchen with lots of cabinets, upgraded appliances, an island and beautiful granite. The main bedroom on the first floor has a giant walk in closet with a dressing area and a tiled bath. The upstairs offers three generously sized bedrooms with ample closets and a full bath. Basement has a walkout slider and is ready to be finished if desired. Home is in the 5-mile radius for Newark Charter. Property perimeter has been marked with orange ties to help clarify the property lines. The leased solar panels have proven to be financially beneficial with a low monthly rental cost.

Last Agent to Sell the Property

Kelly Reilly

(302) 290-7910 kreilly@psre.com Patterson-Schwartz-Newark License #RS-0024562 Listed on: 09/04/2021

Patterson-Schwartz-Newark

Last Buyer's Agent

Genevieve Lovelace

(610) 909-8868 genevieve.lovelace@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,399

Year Built

  • Built in 1988

Lot Details

  • 1 Acre Lot
  • Property is zoned NC40

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Programmable Thermostat
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Built by Tigani Builders Inc
  • Chippenham Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-007.10-081

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,399

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: Stain glass in dining room
  • Home Warranty: No
  • Inclusions: All appliances in "as is" condition
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1988
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3300
  • Living Area Sq Ft: 3300
  • Price Per Sq Ft: 159.09
  • Above Grade Finished Sq Ft: 3300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Street Lights
  • Roof: Pitched, Shingle
  • Spa: No
  • 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: Garage - Side Entry, Garage Door Opener
  • 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
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air, Heat Pump - Electric Backup, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent
  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Horses: No
  • Land Lease: No
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Zoning: NC40
  • In City Limits: No

Green Features

  • Green Remarks: Home has leased Solar panels

Building Info

  • Builder Name: Tigani Builders Inc

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2293165
  • Tax Annual Amount: 7399.00
  • Assessor Parcel Number: 09-007.10-081
  • Tax Year: 2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2021
Closed on
Nov 29, 2021
Sold by
Morel Gilles P
Bought by
Coley Sean Richard and Coley Stacey Jennifer
Seller's Agent
Kelly Reilly
Patterson-Schwartz-Newark
Buyer's Agent
Genevieve Lovelace
Compass
List Price
$445,000
Sold Price
$510,000
Premium/Discount to List
$65,000
14.61%
Current Estimated Value
$660,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,891
Avg. Annual Appreciation
6.43%
Original Mortgage
$408,000
Outstanding Balance
$375,152
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$285,739

Purchase Details

Listed on
Nov 12, 2018
Closed on
Feb 19, 2019
Sold by
Saville Niall and Saville Rosella
Bought by
Morel Gilles P
Seller's Agent
Rosella Hunter
Remax Vision
Buyer's Agent
Donna Weed
Long & Foster Real Estate, Inc.
List Price
$449,900
Sold Price
$440,000
Premium/Discount to List
-$9,900
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%

Purchase Details

Listed on
Jan 2, 2012
Closed on
Apr 24, 2012
Sold by
Hopkins Deborah W
Bought by
Saville Niall and Saville Rosella
Seller's Agent
MATTHEW DUTT
RE/MAX Elite
Buyer's Agent
Patrick Curran
BHHS Fox & Roach-Kennett Sq
List Price
$395,000
Sold Price
$348,000
Premium/Discount to List
-$47,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$278,400
Interest Rate
4.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coley Sean Richard -- None Available
Morel Gilles P -- None Available
Saville Niall $348,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coley Sean Richard $408,000
Previous Owner Saville Niall $278,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $510,000 -2.9% $155 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/28/2021 09/28/21 Price Changed $525,000 -1.9% $159 / Sq Ft
09/22/2021 09/22/21 Price Changed $535,000 -1.8% $162 / Sq Ft
09/04/2021 09/04/21 Price Changed $545,000 +22.5% $165 / Sq Ft
09/04/2021 09/04/21 For Sale $445,000 +1.1% $135 / Sq Ft
02/19/2019 02/19/19 Sold $440,000 -2.2% $133 / Sq Ft View Prior Sale
01/28/2019 01/28/19 Pending -- -- --
11/16/2018 11/16/18 For Sale $449,900 0.0% $136 / Sq Ft
02/19/2014 02/19/14 Rented $1,900 -9.5% --
02/17/2014 02/17/14 Under Contract -- -- --
10/03/2013 10/03/13 For Rent $2,100 0.0% --
04/24/2012 04/24/12 Sold $348,000 -11.9% -- View Prior Sale
03/15/2012 03/15/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $395,000 -- --
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 $7,785 $176,900 $30,300 $146,600
2023 $7,601 $176,900 $30,300 $146,600
2022 $7,557 $176,900 $30,300 $146,600
2021 $7,213 $176,900 $30,300 $146,600
2020 $7,213 $176,900 $30,300 $146,600
2019 $6,263 $176,900 $30,300 $146,600
2018 $6,263 $176,900 $30,300 $146,600
2017 $5,993 $176,900 $30,300 $146,600
2016 $5,993 $176,900 $30,300 $146,600
2015 $5,479 $176,900 $30,300 $146,600
2014 $5,502 $176,900 $30,300 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2006452

Bright MLS

APN: 09-007.10-081