NOT LISTED FOR SALE

203 N Spring Valley Rd Wilmington, DE 19807

Estimated Value: $888,000 - $1,116,000

5 Beds
6 Baths
5,663 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $540,000 $95 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,278/month

126 Days on Market

Highlights

  • View of Trees or Woods
  • 2.03 Acre Lot
  • Rambler Architecture
  • Dupont (H.B.) Middle School Rated A
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of September 2020

Welcome to this architectural dream! A beautiful brick and redwood home with one of a kind features. Start in the grand foyer that opens to an atrium style living room with two-tiered vaulted ceilings and redwood accents, walls of glass windows, floor to ceiling brick fireplace and exit to enjoy relaxing on the awning covered deck. The main level features an eat-in kitchen with double oven, pantry and grand windows for a wonderful view of the rear landscaping plus a spacious formal dining room with nearby wet bar. Amazing master bedroom with carpet and hard wood flooring, designer walk-in closet and master bath with stall shower and jacuzzi. Second bedroom has brick wall and private two compartment bath while the third bedroom has a Jack and Jill style bath. The lower level has been especially designed for family fun and entertaining. Take the suspended open staircase downstairs to enjoy the highlighted koi pond with fountains. This lower level features a grand family room, bedroom with private bath, utility room, file room, craft room, workshop, storage room, half bath and an additional bedroom/office. Entertain at your very own party/bar with built-in antique soda fountain, wine cooler and mini fridge or enjoy the 80 by 20 patio out back. There is an additional patio off the kitchen to enjoy your morning coffee or walk the many paths to the lower patio area with outdoor stone fireplace. Plenty of parking in the two-car garage and circular driveway. Energy efficient with solar panel system monitored by Tesla, hydrating water softener system, well water and dual zoned hot water. Brand new septic system being installed June-July 2020! This home is truly one of a kind and is priced well below a recent 2017 appraisal. Make this architectural dream your dream today!

Last Agent to Sell the Property

Jessica Stiner

RE/MAX Edge License #RM425999 Listed on: 02/17/2020

Last Buyer's Agent

James Barone

RE/MAX Elite License #R3-0009331

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,873

Year Built

  • Built in 1960

Lot Details

  • 2.03 Acre Lot
  • Backs to Trees or Woods
  • Property is zoned NC40

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Corner Fireplace
  • Stone Fireplace
  • Brick Fireplace
  • Gas Fireplace
  • Awning
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Game Room
  • Hobby Room
  • Workshop
  • Utility Room
  • Efficiency Studio
  • Views of Woods
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar owned by a third party

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • On Site Septic
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include road maintenance
  • Spring Valley Subdivision

Listing and Financial Details

  • Tax Lot 084
  • Assessor Parcel Number 08-020.00-084

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,873

Year Built

Built in 1960

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this architectural dream! A beautiful brick and redwood home with one of a kind features. Start in the grand foyer that opens to an atrium style living room with two-tiered vaulted ceilings and redwood accents, walls of glass windows, floor to ceiling brick fireplace and exit to enjoy relaxing on the awning covered deck. The main level features an eat-in kitchen with double oven, pantry and grand windows for a wonderful view of the rear landscaping plus a spacious formal dining room with nearby wet bar. Amazing master bedroom with carpet and hard wood flooring, designer walk-in closet and master bath with stall shower and jacuzzi. Second bedroom has brick wall and private two compartment bath while the third bedroom has a Jack and Jill style bath. The lower level has been especially designed for family fun and entertaining. Take the suspended open staircase downstairs to enjoy the highlighted koi pond with fountains. This lower level features a grand family room, bedroom with private bath, utility room, file room, craft room, workshop, storage room, half bath and an additional bedroom/office. Entertain at your very own party/bar with built-in antique soda fountain, wine cooler and mini fridge or enjoy the 80 by 20 patio out back. There is an additional patio off the kitchen to enjoy your morning coffee or walk the many paths to the lower patio area with outdoor stone fireplace. Plenty of parking in the two-car garage and circular driveway. Energy efficient with solar panel system monitored by Tesla, hydrating water softener system, well water and dual zoned hot water. Brand new septic system being installed June-July 2020! This home is truly one of a kind and is priced well below a recent 2017 appraisal. Make this architectural dream your dream today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Double, Oven - Wall, Refrigerator, Range Hood, Washer, Water Heater, Water Conditioner - Owned
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Bar, Built-Ins, Ceiling Fan(s), Efficiency, Exposed Beams, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Water Treat System, Wet/Dry Bar, Wood Floors
  • Fireplace Features: Brick, Corner, Gas/Propane, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Sitting Room, Kitchen, Game Room, Family Room, Foyer, Utility Room, Workshop, Bonus Room, Hobby Room
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 5663
  • Living Area Sq Ft: 5663
  • Price Per Sq Ft: 135.29
  • Above Grade Finished Sq Ft: 4250
  • Below Grade Finished Sq Ft: 1413
  • Total Below Grade Sq Ft: 1413
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 203

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick
  • Exterior Features: Awning(s), Exterior Lighting, Secure Storage
  • View: Trees/Woods
  • 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
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry
  • 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: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Other
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Road Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Green Features

  • Green Power: Pv Solar Array(s) Leased
  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 127500.00
  • Land Assessed Value: 50000.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 2.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 88427.00
  • Outdoor Living Structures: Balcony, Patio(s)
  • Year Assessed: 2020
  • Zoning: NC40
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2269835
  • School Tax: 4400.00
  • Tax Annual Amount: 5873.00
  • Assessor Parcel Number: 08-020.00-084
  • Tax Lot: 084
  • Tax Total Finished Sq Ft: 5663
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/15/2020

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Sep 15, 2020
Sold by
Meanor Andrew C and Varsalona Jamie
Bought by
Burkert Andrew and Burkert Tina E
Seller's Agent
Jessica Stiner
RE/MAX Edge
Buyer's Agent
James Barone
RE/MAX Elite
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%
Current Estimated Value
$1,039,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,283
Avg. Annual Appreciation
11.98%
Original Mortgage
$432,000
Outstanding Balance
$387,041
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$555,115

Purchase Details

Closed on
Oct 30, 2017
Sold by
Varsalona Jack P
Bought by
Meanor Andrew C and Meanor Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2001
Sold by
Rath William F and Rath Cornelia A
Bought by
Varsalona Jack P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
6.89%
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
Burkert Andrew -- Giordano Delcollo Werb & Gagne
Meanor Andrew C $375,000 None Available
Varsalona Jack P $452,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burkert Andrew $100,000
Open Burkert Andrew $432,000
Previous Owner Meanor Andrew C $300,000
Previous Owner Varsalona Jack P $312,000
Previous Owner Varsalona Jack P $361,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $540,000 -6.1% $95 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $575,000 0.0% $102 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
03/30/2020 03/30/20 Price Changed $575,000 -4.0% $102 / Sq Ft
03/29/2020 03/29/20 Price Changed $599,000 -0.2% $106 / Sq Ft
03/18/2020 03/18/20 Price Changed $600,000 -1.6% $106 / Sq Ft
03/05/2020 03/05/20 Price Changed $610,000 -2.4% $108 / Sq Ft
02/17/2020 02/17/20 For Sale $625,000 -- $110 / 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 $6,980 $188,900 $50,000 $138,900
2023 $6,157 $188,900 $50,000 $138,900
2022 $6,231 $188,900 $50,000 $138,900
2021 $546 $188,900 $50,000 $138,900
2020 $5,873 $177,500 $50,000 $127,500
2019 $5,864 $177,500 $50,000 $127,500
2018 $5,747 $177,500 $50,000 $127,500
2017 -- $177,500 $50,000 $127,500
2016 -- $177,500 $50,000 $127,500
2015 $5,080 $177,500 $50,000 $127,500
2014 $4,701 $177,500 $50,000 $127,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC495262

Bright MLS

APN: 08-020.00-084