NOT LISTED FOR SALE

2 Hempstead Dr Newark, DE 19702

Estimated Value: $679,387 - $793,000

4 Beds
4 Baths
4,200 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $521,101 $124 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,242/month

62 Days on Market

Highlights

  • 0.72 Acre Lot
  • Contemporary Architecture
  • 3 Car Attached Garage
  • Olive B. Loss Elementary School Rated A+
  • Corner Lot
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Welcome to this stunning 4 bedroom, 2.2 bathroom contemporary style home located in Newark, DE. Situated in the sought-after Appoquinimink School District, this former model home boasts a wealth of features that are sure to impress.
As you enter this two-level home, you will immediately notice the large staircase and entry hall. The main level features a spacious living area with a cozy fireplace, perfect for gatherings and relaxation. The family room opens to the modern kitchen is equipped with stainless steel appliances and ample cabinet space for all your culinary needs. A large formal dining room is perfect for entertaining.
The large .72 acre lot provides plenty of outdoor space for entertaining and enjoying the fresh air with extensive hardscaping that adds to the outdoor appeal.
The basement of this home has been uniquely converted into a recording studio, offering endless possibilities for creativity and entertainment.
Don't miss out on the opportunity to own this exceptional property in a prime location. Schedule a showing today and make this distinctive home your own.
This property is being sold "as-is"

Last Agent to Sell the Property

Sean Casey

(302) 893-3379 scasey@psre.com Patterson-Schwartz-Newark Listed on: 04/07/2024

Patterson-Schwartz-Newark

Last Buyer's Agent

Angela Niven

(484) 689-9223 angela.niven@foxroach.com BHHS Fox & Roach - Hockessin License #5000875

BHHS Fox & Roach - Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,690

Year Built

  • Built in 1999

Lot Details

  • 0.72 Acre Lot
  • Extensive Hardscape
  • Corner Lot
  • Property is zoned NC21

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Gas Fireplace
  • Laundry on main level
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Ests At Farmington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1103610122

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,690

Year Built

Built in 1999

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: All Personal Property
  • Inclusions: Some Window treatments included
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 4200
  • Living Area Sq Ft: 4200
  • Price Per Sq Ft: 205.13
  • Above Grade Finished Sq Ft: 2925
  • Below Grade Finished Sq Ft: 1275
  • Total Below Grade Sq Ft: 1275
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick, Vinyl Siding
  • Exterior Features: Extensive Hardscape
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Built In, Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Features: Corner
  • Lot Size Acres: 0.72
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31363.00
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4690.00
  • Assessor Parcel Number: 1103610122
  • Tax Year: 2023

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2024
Closed on
Jul 29, 2024
Sold by
Sands-Richardson Brenda J and Richardson Brandon Kyle
Bought by
Sands-Richardson Brenda J and Richardson Bryant Kevin
Seller's Agent
Sean Casey
Patterson-Schwartz-Newark
Buyer's Agent
Angela Niven
BHHS Fox & Roach - Hockessin
List Price
$650,000
Sold Price
$521,101
Premium/Discount to List
-$128,899
-19.83%
Views
448
Current Estimated Value
$719,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,246
Avg. Annual Appreciation
24.90%
Original Mortgage
$468,990
Outstanding Balance
$456,669
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$262,678

Purchase Details

Listed on
Aug 9, 2012
Closed on
Jan 25, 2013
Sold by
James Kenneth N and James Tamika N
Bought by
Richardson Bryant K
Seller's Agent
Michael Hunter
Home Realty
Buyer's Agent
Michael Hunter
Home Realty
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$328,932
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2003
Sold by
Webb Johnny E and Webb Cheryl A
Bought by
James Kenneth N and James Tamika N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2002
Sold by
Webb Johnny E
Bought by
Webb Johnny E and Webb Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sands-Richardson Brenda J $521,101 Kirsh Title Services
Richardson Bryant K $335,000 None Available
James Kenneth N $384,000 --
Webb Johnny E $330,000 --
Webb Johnny E $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sands-Richardson Brenda J $468,990
Previous Owner Richardson Bryant K $328,932
Previous Owner James Kenneth N $345,600
Previous Owner Webb Johnny E $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2024 07/29/24 Sold $521,101 -13.1% $124 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $600,000 -4.0% $143 / Sq Ft
04/19/2024 04/19/24 Price Changed $625,000 -3.8% $149 / Sq Ft
04/07/2024 04/07/24 For Sale $650,000 +94.0% $155 / Sq Ft
01/31/2013 01/31/13 Sold $335,000 0.0% $115 / Sq Ft View Prior Sale
12/28/2012 12/28/12 Pending -- -- --
11/23/2012 11/23/12 Pending -- -- --
10/31/2012 10/31/12 Pending -- -- --
10/04/2012 10/04/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $335,000 0.0% $115 / Sq Ft
10/01/2012 10/01/12 Off Market $335,000 -- --
08/09/2012 08/09/12 Price Changed $335,000 +3.1% $115 / Sq Ft
08/09/2012 08/09/12 For Sale $325,000 -- $111 / 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 $5,465 $125,800 $15,900 $109,900
2023 $4,690 $125,800 $15,900 $109,900
2022 $4,702 $125,800 $15,900 $109,900
2021 $4,645 $125,800 $15,900 $109,900
2020 $4,594 $125,800 $15,900 $109,900
2019 $4,577 $125,800 $15,900 $109,900
2018 $4,130 $125,800 $15,900 $109,900
2017 $3,964 $125,800 $15,900 $109,900
2016 $3,422 $119,200 $15,900 $103,300
2015 $3,332 $119,200 $15,900 $103,300
2014 $3,342 $119,200 $15,900 $103,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2059028

Bright MLS

APN: 11-036.10-122