NOT LISTED FOR SALE

2 Phelps Ln Newark, DE 19711

Estimated Value: $339,000 - $369,000

4 Beds
2 Baths
1,850 Sq Ft
$192/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $331,000 $179 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,973/month

4 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Hot Water Heating System
  • No HOA
  • Central Air

About This Home

As of June 2024

Location! Location! Location! Rarely seen freshly painted 4 Bedrooms, 2 Full Bath Cape Cod home with garage and fence in the heart of City of Newark and within 5 miles of the Newark Charter School. Brand new Kitchen countertop and Stove. The property is one of the few houses in the neighborhood with central AC(2019) installed with hidden ducts. With the close proximity to the Main Street, University of Delaware, and shopping, this unique property offers the convenience of first floor bedrooms, bathroom, and the appeal of a 2nd floor cape. Gleaming hardwood flooring throughout the house. The main level boasts of the great room, an updated kitchen, two good-sized bedrooms, and a full bath. The upper-level features two bedrooms and a full bath. The property is within the City's corporate limit and therefore enjoys the amenities like recycle, trash, yard waste, and leaf collection services.

Last Agent to Sell the Property

Iris Cong

(267) 230-4315 soldbyiris99@gmail.com BHHS Fox & Roach - Hockessin Listed on: 05/31/2024

BHHS Fox & Roach - Hockessin

Last Buyer's Agent

Xuan Peng

(302) 981-7485 linda.peng@foxroach.com Coldwell Banker Realty License #RS0022389

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,458

Year Built

  • Built in 1956

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 123.90 x 100.00
  • Property is zoned 18RD

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels

Bedrooms and Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Westfield Subdivision

Listing and Financial Details

  • Tax Lot 011
  • Assessor Parcel Number 18-030.00-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,458

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1956
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1850
  • Living Area Sq Ft: 1850
  • Price Per Sq Ft: 235.71
  • Above Grade Finished Sq Ft: 1442
  • Below Grade Finished Sq Ft: 408
  • Total Below Grade Sq Ft: 408
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 123.90 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Zoning: 18RD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1867.00
  • Tax Annual Amount: 2458.00
  • Assessor Parcel Number: 18-030.00-011
  • Tax Lot: 011
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jun 21, 2024
Sold by
Liu Xiaoyue
Bought by
Keytekh Llc
Seller's Agent
Iris Cong
BHHS Fox & Roach - Hockessin
Buyer's Agent
Xuan Peng
Coldwell Banker Realty
List Price
$339,900
Sold Price
$331,000
Premium/Discount to List
-$8,900
-2.62%
Views
61
Current Estimated Value
$366,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,637
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Mar 22, 2011
Sold by
Sobota Michael
Bought by
Liu Xiaoyue

Purchase Details

Closed on
Jun 26, 2008
Sold by
Sobota Michael and Radspinner Rachel
Bought by
Sobota Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2008
Sold by
Radspinner Rachel and Sobota Rachel
Bought by
Sobota Michael D and Sobota Rachel

Purchase Details

Closed on
Sep 10, 2003
Sold by
Vansant Phillips B and Vansant Madeleine C
Bought by
Radspinner Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,600
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2001
Sold by
Marquez Rene J
Bought by
Vansant Phillips B and Vansant Madeleine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,801
Interest Rate
7.14%
Mortgage Type
FHA
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
Keytekh Llc -- None Listed On Document
Liu Xiaoyue $192,000 None Available
Sobota Michael -- The Security Title Guarantee
Sobota Michael D -- None Available
Radspinner Rachel $159,900 --
Vansant Phillips B $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sobota Michael $156,000
Previous Owner Radspinner Rachel $158,600
Previous Owner Vansant Phillips B $138,801
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $331,000 -2.6% $179 / Sq Ft
05/31/2024 05/31/24 For Sale $339,900 -- $184 / 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 $596 $56,500 $11,300 $45,200
2023 $2,043 $56,500 $11,300 $45,200
2022 $2,021 $56,500 $11,300 $45,200
2021 $1,970 $56,500 $11,300 $45,200
2020 $1,913 $56,500 $11,300 $45,200
2019 $1,677 $56,500 $11,300 $45,200
2018 $1,638 $56,500 $11,300 $45,200
2017 $1,589 $56,500 $11,300 $45,200
2016 $1,585 $56,500 $11,300 $45,200
2015 -- $56,500 $11,300 $45,200
2014 $1,420 $56,500 $11,300 $45,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2062270

Bright MLS

APN: 18-030.00-011