NOT LISTED FOR SALE

22 Somerset Ln Newark, DE 19711

Estimated Value: $693,343 - $752,000

4 Beds
2.5 Baths
2,850 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $650,000 $228 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,377/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Fireplaces
  • Traditional Floor Plan
  • Attic
  • Great Room

About This Home

As of June 2022

HOLD SHOWINGS - AWAITING FINAL SIGNATURES *********** Here's a lovely and meticulously maintained home in the desirable neighborhood of Cotswold Hills! This stately brick front colonial home has a welcoming spacious foyer with oak hardwoods, crown moulding, chair rail, & 9' ceilings throughout the main level. The center hall splits the formal living room to the right & formal dining room to the left. The spacious kitchen features oak cabinetry with custom extras, granite countertops, tiled backsplash, updated appliances, and a floor to ceiling bay in the dining area. The adjoining family room features a gas fireplace flanked by accent windows and a triple french door leading to the fabulous 3 season porch with a sunburst window at the peak. The decking is Timber Tech which extends out to the 2 tiered decks overlooking the tranquil private yard. There is also a 1st floor den/office coneniently tucked away for privacy. The laundry room with built-in cabinetry & outside entrance completes the main level. The upper level features the secluded master bedroom to the left w/a large walk-in closet and 4 piece master bath including Jacuzzi tub, tiled floor & tiled shower surround. The upper hallway and 3 additional generous sized bedrooms feature bamboo wood flooring throughout. The hall bath has tiled flooring, spacious vanilty, & tub/shower. The lower level of the home features a huge family room with 10' ceilings, gas fireplace, closets galore, and a walk out slider to the rear yard. There is plenty of storage space in the unfinished area which houses the new HVAC system and tankless on demand gas water heater. Additional update includes vinyl tilt windows for efficient heating & cooling! Great home in the great Corner Ketch area!

Last Agent to Sell the Property

DAN DAVIS

(302) 995-0862 dandiadavis@gmail.com RE/MAX Point Realty License #RS-279868 Listed on: 04/18/2022

Last Buyer's Agent

Scott Patrick

(302) 218-5059 scott.patrick@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,618

Year Built

  • Built in 1993

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 100.00 x 262.40
  • North Facing Home
  • Property is zoned NC21

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,850 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement with some natural light

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

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

Community Details

  • Cotswold Hills Subdivision

Listing and Financial Details

  • Tax Lot 150
  • Assessor Parcel Number 08-029.10-150

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,618

Year Built

Built in 1993

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer, dryer
  • Inclusions: Refrigerator, basement shelving
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-04-18
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Remarks Public: HOLD SHOWINGS - AWAITING FINAL SIGNATURES *********** Here's a lovely and meticulously maintained home in the desirable neighborhood of Cotswold Hills! This stately brick front colonial home has a welcoming spacious foyer with oak hardwoods, crown moulding, chair rail, & 9' ceilings throughout the main level. The center hall splits the formal living room to the right & formal dining room to the left. The spacious kitchen features oak cabinetry with custom extras, granite countertops, tiled backsplash, updated appliances, and a floor to ceiling bay in the dining area. The adjoining family room features a gas fireplace flanked by accent windows and a triple french door leading to the fabulous 3 season porch with a sunburst window at the peak. The decking is Timber Tech which extends out to the 2 tiered decks overlooking the tranquil private yard. There is also a 1st floor den/office coneniently tucked away for privacy. The laundry room with built-in cabinetry & outside entrance completes the main level. The upper level features the secluded master bedroom to the left w/a large walk-in closet and 4 piece master bath including Jacuzzi tub, tiled floor & tiled shower surround. The upper hallway and 3 additional generous sized bedrooms feature bamboo wood flooring throughout. The hall bath has tiled flooring, spacious vanilty, & tub/shower. The lower level of the home features a huge family room with 10' ceilings, gas fireplace, closets galore, and a walk out slider to the rear yard. There is plenty of storage space in the unfinished area which houses the new HVAC system and tankless on demand gas water heater. Additional update includes vinyl tilt windows for efficient heating & cooling! Great home in the great Corner Ketch area!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Water Heater - Tankless
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower, Walk-In Closet(s), Wood Floors
  • Window Features: Energy Efficient
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Great Room, Laundry, Office
  • Basement: Yes
  • Basement Type: Daylight, Partial, Full, Outside Entrance, Partially Finished, Poured Concrete
  • Basement Finished Percent: 65.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 2850
  • Living Area Sq Ft: 2850
  • Price Per Sq Ft: 228.07
  • Above Grade Finished Sq Ft: 2850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • 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 - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

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, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 185.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 109800.00
  • Land Assessed Value: 29100.00
  • Lot Size Acres: 0.61
  • Lot Dimensions: 100.00 x 262.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26572.00
  • Year Assessed: 2021
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2273679
  • School Tax: 4464.00
  • Tax Annual Amount: 5618.00
  • Assessor Parcel Number: 08-029.10-150
  • Tax Lot: 150
  • Tax Total Finished Sq Ft: 2850
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/24/2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 24, 2022
Sold by
Gregory Scott Bell Revocable Trust
Bought by
Sanders Brady L and Sanders Danielle L
Seller's Agent
DAN DAVIS
RE/MAX Point Realty
Buyer's Agent
Scott Patrick
Compass
List Price
$600,000
Sold Price
$650,000
Premium/Discount to List
$50,000
8.33%
Current Estimated Value
$726,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,836
Avg. Annual Appreciation
3.48%
Original Mortgage
$520,000
Outstanding Balance
$495,481
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$231,355

Purchase Details

Closed on
Nov 9, 2017
Sold by
Bell Gregory Scott and Bell Nancy S
Bought by
Bell Gregory Scott and Revocable Trust Of Gregory Sco

Purchase Details

Closed on
Oct 28, 1993
Bought by
Bell Gregory S and Bell Nancy S
Source: Public Records

Range of Values:

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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
Sanders Brady L -- Ward & Taylor Llc
Bell Gregory Scott -- None Available
Bell Gregory S $200,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Brady L $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $650,000 0.0% $228 / Sq Ft
04/22/2022 04/22/22 Price Changed $650,000 +8.3% $228 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $600,000 -- $211 / 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 $6,104 $138,900 $29,100 $109,800
2023 $5,944 $138,900 $29,100 $109,800
2022 $5,903 $138,900 $29,100 $109,800
2021 $5,777 $138,900 $29,100 $109,800
2020 $5,618 $138,900 $29,100 $109,800
2019 $5,213 $138,900 $29,100 $109,800
2018 $184 $138,900 $29,100 $109,800
2017 $4,667 $138,900 $29,100 $109,800
2016 $4,667 $138,900 $29,100 $109,800
2015 -- $138,900 $29,100 $109,800
2014 -- $138,900 $29,100 $109,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2021640

Bright MLS

APN: 08-029.10-150