NOT LISTED FOR SALE

202 Marabou Dr Newark, DE 19702

Estimated Value: $451,000 - $509,000

3 Beds
2 Baths
2,350 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $400,000 $170 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,898/month

86 Days on Market

Highlights

  • 0.89 Acre Lot
  • Dual Staircase
  • Wood Flooring
  • Olive B. Loss Elementary School Rated A+
  • Raised Ranch Architecture
  • Main Floor Bedroom

About This Home

As of August 2023

Great home in a quiet neighborhood, close to stores, restaurants, Delaware state marina, Lums Pond State Park, and the C&D Canal. This all-brick ranch has three good-sized bedrooms, the Main and 2nd bedrooms are on the upper level, and the 3rd is on the lower level, providing some flexibility for a guest room, home office, or maybe some private space for a teen. Hardwood floors in the upstairs, covered by carpet in living room & main bedroom only. Could easily be removed to reveal the hardwood below. There is a full bath on each level of the home. Spacious family room on the lower level with a wood-burning fireplace and 2nd set of stairs that lead up to the kitchen for snacks & drinks while watching your favorite movie! Large workshop and an oversized two-car garage. All this on 0.89 acre, plus a great screened porch with Pella sliding door. Lovely azaleas surrounding the home. Complete with a large shed in the back yard.

Last Agent to Sell the Property

Janan Bergen

Keller Williams Realty Central-Delaware License #RS-0017267 Listed on: 05/12/2023

Keller Williams Realty Central-Delaware

Co-Listed By

Melissa Squier

Iron Valley Real Estate Premier License #RB-0031331

Last Buyer's Agent

Abby Drobinski

Real Broker LLC License #RS-0023544

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,744

Year Built

  • Built in 1970

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 183.10 x 212.50
  • Property is zoned NC40

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,350 Sq Ft Home
  • Property has 1.5 Levels
  • Dual Staircase
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Formal Dining Room
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Marabou Meadows Subdivision

Listing and Financial Details

  • Tax Lot 047
  • Assessor Parcel Number 11-031.00-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,744

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Seller's personal property, Staging items
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-05-12
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Washer
  • Flooring Type: Hardwood, Laminate Plank, Partially Carpeted, Tile/Brick, Vinyl
  • Interior Amenities: Additional Stairway, Carpet, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In, Window Treatments
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Workshop
  • Basement: Yes
  • Basement Type: Fully Finished, Full
  • Laundry Type: Basement
  • Total Sq Ft: 2350
  • Living Area Sq Ft: 2350
  • Price Per Sq Ft: 185.11
  • Above Grade Finished Sq Ft: 2350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 202

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • 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 Door Opener, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • 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: APPOQUINIMINK
  • School District Key: 300200396893
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.89
  • Lot Dimensions: 183.10 x 212.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38768.00
  • Year Assessed: 2022
  • Zoning: NC40
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2112.00
  • Tax Annual Amount: 2744.00
  • Assessor Parcel Number: 11-031.00-047
  • Tax Lot: 047
  • Tax Total Finished Sq Ft: 2350
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/31/2023

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Aug 31, 2023
Sold by
Leonard Linda
Bought by
Mehmood Hammad N and Mehmood Shabida P
Seller's Agent
Janan Bergen
Keller Williams Realty Central-Delaware
Buyer's Agent
Abby Drobinski
Real Broker LLC
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Views
836
Current Estimated Value
$482,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,940
Avg. Annual Appreciation
11.11%
Original Mortgage
$380,000
Outstanding Balance
$373,971
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$119,885
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
Mehmood Hammad N $400,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehmood Hammad N $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $400,000 -8.0% $170 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
06/19/2023 06/19/23 Price Changed $435,000 -3.3% $185 / Sq Ft
05/12/2023 05/12/23 For Sale $450,000 -- $191 / 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 $3,206 $76,600 $17,700 $58,900
2023 $2,724 $76,600 $17,700 $58,900
2022 $2,244 $76,600 $17,700 $58,900
2021 $2,279 $76,600 $17,700 $58,900
2020 $2,279 $76,600 $17,700 $58,900
2019 $103 $76,600 $17,700 $58,900
2018 $1,988 $76,600 $17,700 $58,900
2017 $1,886 $76,600 $17,700 $58,900
2016 $1,589 $76,600 $17,700 $58,900
2015 -- $76,600 $17,700 $58,900
2014 -- $76,600 $17,700 $58,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2039234

Bright MLS

APN: 11-031.00-047