NOT LISTED FOR SALE

25 Covered Bridge Ln Newark, DE 19711

Estimated Value: $554,000 - $589,000

4 Beds
2.5 Baths
2,700 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $325,000 $120 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,463/month

24 Days on Market

Highlights

  • 0.78 Acre Lot
  • Deck
  • Butlers Pantry
  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of May 2016

2 Story colonial in the Picturesque West Newark neighborhood of Covered Bridge Farms. 2700 sq ft. home nestled on .78 of an acre with a private backyard, mature trees and landscaping. Home has "Great Bones" 4 bedrooms and 2&1/2 bath colonial featuring site finished hardwood floors throughout except the kitchen. Covered front porch looks over the expansive yard and rolling lawn. seller has placed a new septic and will be replacing the roof, including plywood, with 30 yr architectural shingles. Upper level highlights 4 ample size bedrooms and plenty of closet space and hardwood floors. Large master BR.has walk in closet and dressing area and 3 piece bathroom. Off the kitchen is a 5th bedroom or office and large powder room next to the laundry room. Easy access to plumbing would allow you to add a shower for a full bath making this a nice main level in law suite. From the family room you can access the large deck and serene backyard. Home is priced for you to make your cosmetic updates! Located minutes to the University of Delaware, Newark Charter, Downes Elementary, White Clay Preserve and I-95. Inspections are for informational purposes only.

Last Agent to Sell the Property

Mary Kate Johnston

(302) 453-3200 marykatej@comcast.net RE/MAX Associates - Newark Listed on: 04/16/2016

RE/MAX Associates - Newark

Last Buyer's Agent

DANIELLE PERRY

(302) 442-4200 jessicastiner@remax.net RE/MAX Edge License #RS-0023017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,503

Year Built

  • Built in 1972

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 138x269
  • Sloped Lot
  • Back and Side Yard
  • Property is zoned NC21

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck

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 048
  • Assessor Parcel Number 09-007.10-048

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,503

Year Built

Built in 1972

Lot Details

0.78 Acres

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: W/D Refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1972
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Butlers Pantry, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Net Sq Ft: 2700.00
  • Price Per Sq Ft: 120.33
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Access To Pool: No
  • 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

Lot Info

  • Improvement Assessed Value: 90300.00
  • Land Assessed Value: 27600.00
  • Lot Features: Sloping, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.78
  • Lot Dimensions: 138X269
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33977.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2293133
  • Tax Annual Amount: 3503.00
  • Assessor Parcel Number: 09-007.10-048
  • Tax Lot: 048
  • Tax Year: 2015

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2016
Closed on
May 31, 2016
Sold by
Palmer Suzanne F and Suzanne F Palmer Revocable Tru
Bought by
Lochonic Elenie P
Seller's Agent
Mary Kate Johnston
RE/MAX Associates - Newark
Buyer's Agent
DANIELLE PERRY
RE/MAX Edge
List Price
$324,900
Sold Price
$325,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$567,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,756
Avg. Annual Appreciation
5.85%
Original Mortgage
$308,750
Outstanding Balance
$246,051
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$321,705

Purchase Details

Closed on
Mar 29, 2016
Sold by
Palmer Suzanne F
Bought by
Palmer Suzanne F and Suzanne F Palmer Revocable Tru

Purchase Details

Closed on
Jul 14, 2000
Bought by
Palmer Philip A and Palmer Suzanne F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lochonic Elenie P $325,000 None Available
Palmer Suzanne F -- Attorney
Palmer Suzanne F -- Attorney
Palmer Philip A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lochonic Elenie P $308,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $325,000 0.0% $120 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/16/2016 04/16/16 For Sale $324,900 -- $120 / Sq Ft
Source: Bright MLS

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 $5,229 $122,800 $27,600 $95,200
2023 $5,086 $122,800 $27,600 $95,200
2022 $5,074 $122,800 $27,600 $95,200
2021 $129 $122,800 $27,600 $95,200
2020 $4,838 $122,800 $27,600 $95,200
2019 $4,275 $122,800 $27,600 $95,200
2018 $3,997 $122,800 $27,600 $95,200
2017 $3,855 $117,900 $27,600 $90,300
2016 $3,846 $117,900 $27,600 $90,300
2015 $3,503 $117,900 $27,600 $90,300
2014 $3,502 $117,900 $27,600 $90,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003949301

Bright MLS

APN: 09-007.10-048

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