Seller's Agent in 2025
Peggy Centrella
Patterson Schwartz
(302) 234-5229
11 in this area
281 Total Sales
254 E Flagstone Dr Newark, DE 19702
3
Beds
2.5
Baths
1,600
Sq Ft
8,712
Sq Ft Lot
Highlights
- Colonial Architecture
- No HOA
- Living Room
- Vaulted Ceiling
- 1 Car Direct Access Garage
- Forced Air Heating and Cooling System
About This Home
As of November 2025NEW FURNACE REPLACED - 09/25/2025 - Welcome to this beautiful 3-bedroom, 2.5-bath colonial in the highly desirable Gray Acres community. From the moment you arrive, the home’s charm is evident with its inviting front porch and attached one-car garage. Step into the foyer and immediately notice the thoughtful layout, with the formal dining room (currently used as a formal living room) and living room on either side. The living room flows into a spacious eat-in kitchen featuring a freestanding island and pantry. Completing the main level are a convenient half bath, laundry closet, and garage access. Sliding glass doors lead to a lovely rear deck—perfect for relaxing—which steps down to a paver patio offering even more space for entertaining. The large, fenced-in backyard provides plenty of room for play and gatherings. Upstairs, you’ll find three well-sized bedrooms, including a spacious primary suite with vaulted ceilings, a walk-in closet, and a private en-suite bath. Completing this level are the two additional bedrooms that share a full hall bathroom. The basement offers ample storage and space for a home gym or hobbies, and the garage provides additional storage and parking. Recent updates include a new roof (2024) new furnace (2025) and new A/C system (2025). Located in the heart of Newark and within the acclaimed Newark Charter School District, this home offers easy access to major highwyas, local dining and shopping. Situated close the University of Delaware, and White Clay Creek State Park, this location is hard to beat. This home falls within Newark Charter School’s coveted five-mile enrollment preference radius—and the school bus conveniently picks up right at your corner, making mornings a breeze.Don’t miss your chance to own this exceptional home—schedule your showing today!
Last Agent to Sell the Property
(302) 234-5229 pcentrella@psre.com Patterson-Schwartz-Hockessin License #RS-0022047 Listed on: 08/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,988
Year Built
- Built in 1996
Lot Details
- 8,712 Sq Ft Lot
- Property is zoned NC6.5
Parking
- 1 Car Direct Access Garage
- 2 Driveway Spaces
- Front Facing Garage
Home Design
- Colonial Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,600 Sq Ft Home
- Property has 2 Levels
- Vaulted Ceiling
- Living Room
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Gray Acres Subdivision
Listing and Financial Details
- Assessor Parcel Number 1002538178
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2025
Closed on
Nov 20, 2025
Sold by
Jones Laurel M and Grant Laurel M
Bought by
Decrescenzo Monique and Jackson Ross
Seller's Agent
Peggy Centrella
Patterson-Schwartz-Hockessin
Buyer's Agent
Austin Zebrook
RE/MAX Associates
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%
Views
355
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.06%
Original Mortgage
$372,000
Outstanding Balance
$372,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$87,652
Purchase Details
Listed on
Sep 6, 2018
Closed on
Oct 29, 2018
Sold by
Frederick Matthew R
Bought by
Jones Laurel M and Grant Tyrone D
Seller's Agent
Ken Van Every
Keller Williams Realty Wilmington
Buyer's Agent
Erica Bader
Patterson-Schwartz-Hockessin
List Price
$284,000
Sold Price
$282,500
Premium/Discount to List
-$1,500
-0.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$269,128
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 13, 2010
Sold by
Fannie Mae
Bought by
Frederick Matthew R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 2005
Sold by
Pan Pranit K and Pan Rena M
Bought by
Bak Stanley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $465,000 | None Listed On Document | |
| Deed | $282,500 | None Available | |
| Deed | $215,000 | None Available | |
| Deed | $278,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $372,000 | New Conventional | |
| Previous Owner | $269,128 | FHA | |
| Previous Owner | $185,000 | New Conventional | |
| Previous Owner | $222,400 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2025 11/20/25 | Sold | $465,000 | 0.0% | $291 / Sq Ft | |
| 09/29/2025 09/29/25 | Pending | -- | -- | -- | |
| 09/15/2025 09/15/25 | Price Changed | $465,000 | -1.0% | $291 / Sq Ft | |
| 08/27/2025 08/27/25 | Price Changed | $469,900 | -1.3% | $294 / Sq Ft | |
| 08/16/2025 08/16/25 | Price Changed | $476,000 | -1.9% | $298 / Sq Ft | |
| 08/07/2025 08/07/25 | For Sale | $485,000 | +71.7% | $303 / Sq Ft | |
| 10/29/2018 10/29/18 | Sold | $282,500 | 0.0% | $177 / Sq Ft | View Prior Sale |
| 09/30/2018 09/30/18 | Pending | -- | -- | -- | |
| 09/28/2018 09/28/18 | Price Changed | $282,500 | -0.2% | $177 / Sq Ft | |
| 09/15/2018 09/15/18 | Price Changed | $283,000 | -0.4% | $177 / Sq Ft | |
| 09/06/2018 09/06/18 | For Sale | $284,000 | -- | $178 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,261 | $74,100 | $12,100 | $62,000 |
| 2023 | $3,184 | $74,100 | $12,100 | $62,000 |
| 2022 | $3,165 | $74,100 | $12,100 | $62,000 |
| 2021 | $3,099 | $74,100 | $12,100 | $62,000 |
| 2020 | $0 | $74,100 | $12,100 | $62,000 |
| 2019 | $2,836 | $74,100 | $12,100 | $62,000 |
| 2018 | $138 | $74,100 | $12,100 | $62,000 |
| 2017 | $2,511 | $74,100 | $12,100 | $62,000 |
| 2016 | $2,511 | $74,100 | $12,100 | $62,000 |
| 2015 | $2,295 | $74,100 | $12,100 | $62,000 |
| 2014 | $2,305 | $74,100 | $12,100 | $62,000 |
Source: Public Records
Agents Affiliated with this Home
-
Peggy Centrella
-
Erica Bader
Seller Co-Listing Agent in 2025
Erica Bader
Patterson Schwartz
(302) 598-9449
1 in this area
9 Total Sales
-
Austin Zebrook
A
Buyer's Agent in 2025
Austin Zebrook
RE/MAX
(302) 650-8130
3 in this area
18 Total Sales
-
Ken Van Every
Seller's Agent in 2018
Ken Van Every
Keller Williams Realty Wilmington
(302) 319-3196
8 in this area
176 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2086520
APN: 11-015.30-106
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