NOT LISTED FOR SALE

Estimated Value: $515,000 - $636,000

4 Beds
3 Baths
3,300 Sq Ft
$175/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $275,000 $83 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,635/month

188 Days on Market

Highlights

  • 0.84 Acre Lot
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Contemporary Architecture
  • Wood Flooring
  • Patio

About This Home

As of November 2016

Motivated Seller, make an offer on this Unique property. Priced and ready for you to make cosmetic updates. Stately contemporary in the desirable neighborhood of Covered Bridge Farms, North West Newark. Seller just added a new well pump with riser. 4 Bedrooms and 3 full baths. Home sits upon .80 of an acre with mature trees, naturalized yard and picturesque views. Floor plan is open and great for entertaining. The great room features a brick wood burning fire place, cathedral ceiling and dramatic windows that overlook hills and trees. Kitchen opens into the large family room and dinning room. Counter tops have been updated with granite and there is site finished hardwood flooring throughout most of the home. Main level also features the Master and a second bedroom and 2 full baths. Lower level showcases a slate foyer and contemporary oak stairway and a library with bookshelves that can be removed and a second brick wood burning fire place, laundry room, full bath and 2 additional bedrooms. Located across from White Clay Preserve, less than 2 miles from the University of Delaware, minutes to Newark Charter, I-95 and shopping! New Septic and roof recently placed. Owner is making some repairs needed from inspection but available for showings. Come take a look at this unique property today! Motivated Seller! Several home repairs completed from a past home inspection.

Last Agent to Sell the Property

Mary Kate Johnston

RE/MAX Associates - Newark Listed on: 04/13/2016

RE/MAX Associates - Newark

Last Buyer's Agent

Mary Kate Johnston

RE/MAX Associates - Newark Listed on: 04/13/2016

RE/MAX Associates - Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,462

Year Built

  • Built in 1972

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 188x216
  • Sloped Lot
  • Property is in below average condition
  • Property is zoned NC21

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,300 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Ceiling Fan
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on lower level

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • Association fees include snow removal
  • Covered Bridge Farms Subdivision

Listing and Financial Details

  • Tax Lot 029
  • Assessor Parcel Number 09-007.30-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,462

Year Built

Built in 1972

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1972
  • Remarks Public: Motivated Seller, make an offer on this Unique property. Priced and ready for you to make cosmetic updates. Stately contemporary in the desirable neighborhood of Covered Bridge Farms, North West Newark. Seller just added a new well pump with riser. 4 Bedrooms and 3 full baths. Home sits upon .80 of an acre with mature trees, naturalized yard and picturesque views. Floor plan is open and great for entertaining. The great room features a brick wood burning fire place, cathedral ceiling and dramatic windows that overlook hills and trees. Kitchen opens into the large family room and dinning room. Counter tops have been updated with granite and there is site finished hardwood flooring throughout most of the home. Main level also features the Master and a second bedroom and 2 full baths. Lower level showcases a slate foyer and contemporary oak stairway and a library with bookshelves that can be removed and a second brick wood burning fire place, laundry room, full bath and 2 additional bedrooms. Located across from White Clay Preserve, less than 2 miles from the University of Delaware, minutes to Newark Charter, I-95 and shopping! New Septic and roof recently placed. Owner is making some repairs needed from inspection but available for showings. Come take a look at this unique property today! Motivated Seller! Several home repairs completed from a past home inspection.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s)
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3300
  • Living Area Sq Ft: 3300
  • Net Sq Ft: 3300.00
  • Price Per Sq Ft: 90.88
  • Above Grade Finished Sq Ft: 3300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Roof: Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 475.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • High School: NEWARK
  • School District Key: 300200396890
  • High School: NEWARK

Lot Info

  • Improvement Assessed Value: 88600.00
  • Land Assessed Value: 27900.00
  • Lot Features: Sloping
  • Lot Size Acres: 0.84
  • Lot Dimensions: 188X216
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36590.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Below Average
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2293284
  • Tax Annual Amount: 3462.00
  • Assessor Parcel Number: 09-007.30-029
  • Tax Lot: 029
  • Tax Year: 2015
  • Close Date: 11/30/2016

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Nov 3, 2016
Sold by
Wolters Raymond R and Wolters Mary E
Bought by
Buchter Joseph F and Buchter Elizabeth R
Seller's Agent
Mary Kate Johnston
RE/MAX Associates - Newark
Buyer's Agent
Mary Kate Johnston
RE/MAX Associates - Newark
List Price
$315,000
Sold Price
$275,000
Premium/Discount to List
-$40,000
-12.7%
Current Estimated Value
$576,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,069
Avg. Annual Appreciation
8.99%
Original Mortgage
$233,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1979
Bought by
Wolters Raymond R and Wolters Mary E
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
Buchter Joseph F $275,000 None Available
Wolters Raymond R $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchter Joseph F $100,000
Open Buchter Joseph F $217,000
Closed Buchter Joseph F $233,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $275,000 -8.3% $83 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
05/12/2016 05/12/16 Price Changed $299,900 -4.8% $91 / Sq Ft
04/13/2016 04/13/16 For Sale $315,000 -- $95 / 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 $4,961 $116,500 $27,900 $88,600
2023 $4,825 $116,500 $27,900 $88,600
2022 $4,814 $116,500 $27,900 $88,600
2021 $4,712 $116,500 $27,900 $88,600
2020 $4,590 $116,500 $27,900 $88,600
2019 $4,056 $116,500 $27,900 $88,600
2018 $3,950 $116,500 $27,900 $88,600
2017 $3,810 $116,500 $27,900 $88,600
2016 $3,800 $116,500 $27,900 $88,600
2015 $2,962 $116,500 $27,900 $88,600
2014 $2,961 $116,500 $27,900 $88,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003949019

Bright MLS

APN: 09-007.30-029