NOT LISTED FOR SALE

223 Phillips Mill Ln Newark, DE 19711

Estimated Value: $394,000 - $821,411

2 Beds
2 Baths
1,750 Sq Ft
$531/mo HOA Fee

Last Sold March 10, 2023

Last sale price $424,500 $243 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,913/month

11 Days on Market

Highlights

  • Active Adult
  • Oversized Parking
  • Tankless Water Heater
  • 1 Car Attached Garage
  • Living Room
  • En-Suite Primary Bedroom

About This Home

As of March 2023

Welcome to The Historic Village of Phillips Mill. Located in what was formerly a 200-year-old Grist Mill, this upscale 55+ community offers the finest maintenance-free living in Newark. The moment you enter this beautifully updated unit, you can feel the peacefulness of the surrounding area. The great room with 9 ft ceilings and detailed trim is flooded with light from two sets of French patio doors that lead to your own private oversized balcony overlooking the Christina River. The entire unit was updated with beautiful tigerwood flooring while the bathrooms remain tastefully tiled. The new kitchen cabinets were handcrafted by the Amish. The master suite has a large walk-in closet with a well-thought-out closet organizer system. The master bath is custom tiled bath with a large shower containing dual shower heads. Each unit in the building has a garage space and storage on the lower level and is served by a common elevator. The 1-car garage is in the lower level and also offers a large storage room for each condo.

Last Agent to Sell the Property

Marcus Duphily

Patterson-Schwartz-Hockessin Listed on: 01/13/2023

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Vernon Gibson

The Parker Group License #RS0026295

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,707

Year Built

  • Built in 2008

HOA Fees

  • $531 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Basement Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Entry on the 3rd floor
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,750 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Instant Hot Water
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Downes Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • Active Adult
  • Association fees include all ground fee, common area maintenance, lawn maintenance, management, road maintenance
  • Senior Community | Residents must be 55 or older
  • Low-Rise Condominium
  • Phillips Mill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-006.00-253.C.0223

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,707

Year Built

Built in 2008

Lot Details

0

HOA Fees

$531 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Washer/Dryer/Refrigerator (negotiable)
  • Inclusions: See Inclusions/Exclusions Addendum
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to The Historic Village of Phillips Mill. Located in what was formerly a 200-year-old Grist Mill, this upscale 55+ community offers the finest maintenance-free living in Newark. The moment you enter this beautifully updated unit, you can feel the peacefulness of the surrounding area. The great room with 9 ft ceilings and detailed trim is flooded with light from two sets of French patio doors that lead to your own private oversized balcony overlooking the Christina River. The entire unit was updated with beautiful tigerwood flooring while the bathrooms remain tastefully tiled. The new kitchen cabinets were handcrafted by the Amish. The master suite has a large walk-in closet with a well-thought-out closet organizer system. The master bath is custom tiled bath with a large shower containing dual shower heads. Each unit in the building has a garage space and storage on the lower level and is served by a common elevator. The 1-car garage is in the lower level and also offers a large storage room for each condo.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1750
  • Living Area Sq Ft: 1750
  • Price Per Sq Ft: 242.86
  • Above Grade Finished Sq Ft: 1750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 223

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Mixed, Stick Built, Vinyl Siding
  • Exterior Features: Exterior Lighting, Street Lights
  • 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: Additional Storage Area, Basement Garage, Built In, Garage Door Opener, Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Instant Hot Water, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1593.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Retirement Community
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Lawn Maintenance, Management, Road Maintenance
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Schools

  • School District: CHRISTINA
  • Elementary School: DOWNES
  • Middle School: SHUE-MEDILL
  • High School: NEWARK
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Land Lease: No
  • Zoning: 18AC
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3707.00
  • Assessor Parcel Number: 18-006.00-253.C.0223
  • Tax Year: 2022
  • Close Date: 03/10/2023

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 10, 2023
Sold by
Kessi Merilynn
Bought by
Dickey David L and Dickey Marilyn A
Seller's Agent
Marcus Duphily
Patterson-Schwartz-Hockessin
Buyer's Agent
Vernon Gibson
The Parker Group
List Price
$425,000
Sold Price
$424,500
Premium/Discount to List
-$500
-0.12%
Views
2
Current Estimated Value
$576,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,304
Avg. Annual Appreciation
12.05%
Original Mortgage
$125,000
Outstanding Balance
$121,350
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$443,436

Purchase Details

Listed on
Jul 28, 2020
Closed on
Oct 30, 2020
Sold by
Mckenna Ruth Margaret and Mckenna Daniel Stephen
Bought by
Kessi Merilynn and Kessi Alfred
Seller's Agent
Linda Cole
Coldwell Banker Realty
Buyer's Agent
Marcus Duphily
Patterson-Schwartz-Hockessin
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%

Purchase Details

Listed on
Apr 1, 2013
Closed on
May 3, 2013
Sold by
Bale Group Inc
Bought by
Mckenna Ruth and Mckenna Daniel
Seller's Agent
Brent Applebaum
Coldwell Banker Realty
Buyer's Agent
TINA COLLINS
BHHS Fox & Roach-Kennett Sq
List Price
$407,208
Sold Price
$407,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.91%
Source: Public Records

Range of Values:

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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
Dickey David L $424,500 --
Kessi Merilynn -- None Available
Mckenna Ruth $407,208 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickey David L $125,000
Closed Mckenna Ruth $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $424,500 -0.1% $243 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $425,000 +11.8% $243 / Sq Ft
11/11/2020 11/11/20 Sold $380,000 -5.0% $217 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $399,900 +5.2% $229 / Sq Ft
09/03/2020 09/03/20 Off Market $380,000 -- --
08/19/2020 08/19/20 Price Changed $399,900 -2.5% $229 / Sq Ft
07/28/2020 07/28/20 For Sale $410,000 +0.7% $234 / Sq Ft
05/03/2013 05/03/13 Sold $407,208 0.0% $250 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $407,208 -- $250 / 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 $3,157 $85,200 $13,000 $72,200
2023 $3,081 $85,200 $13,000 $72,200
2022 $3,048 $85,200 $13,000 $72,200
2021 $2,970 $85,200 $13,000 $72,200
2020 $2,884 $85,200 $13,000 $72,200
2019 $2,529 $85,200 $13,000 $72,200
2018 $13,182 $85,200 $13,000 $72,200
2017 $659 $85,200 $13,000 $72,200
2016 $2,390 $85,200 $13,000 $72,200
2015 $2,142 $85,200 $13,000 $72,200
2014 $2,142 $85,200 $13,000 $72,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2036664

Bright MLS

APN: 18-006.00-253.C-0223