Seller's Agent in 2020
Jan Patrick
Compass
(484) 883-4532
15 in this area
233 Total Sales
27 Somerset Ln Newark, DE 19711
Estimated Value: $748,000 - $779,000
4
Beds
3.5
Baths
5,449
Sq Ft
$139/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Traditional Floor Plan
- 1 Fireplace
- Recreation Room
- Wood Flooring
- Home Gym
About This Home
As of December 2020Visit this home virtually: http://www.vht.com/434113503/IDXS - Situated on a half acre lot in the lovely community of Cotswold Hills, this spectacular home has wonderful curb appeal as part of an equally picturesque streetscape. Every area of this home is presented in pristine condition, just move in and enjoy! Spacious rooms, rich hardwood flooring throughout, elegant built-ins, and French doors enhance the appeal of the interior. The beautifully updated eat-in kitchen features granite countertops, large center island, tile backsplash, and stainless steel appliances. Glass doors lead to an expansive paver patio with incredible views overlooking the rear yard. Comfortable and inviting, the generously sized family room with vaulted ceiling and fireplace is the perfect spot for relaxed gatherings. A main level study with French doors and gorgeous built-ins provides a quiet place from which to do business. Additionally, a main level bonus room with closet can be used as a 5th bedroom or 2nd office. The allure of this home continues to the upper level owner’s suite. This restful retreat includes a sitting/dressing area, large walk-in closet, and private bath with double vanity, jetted soaking tub, and separate shower. The three additional bedrooms share a hall bath. Indeed, there is no lack of space in this home as it also includes a finished lower level with full bath, recreation room, exercise room, and wet-bar. Location convenient to Hockessin, the University of Delaware, and just minutes from the Hockessin Athletic Club gym, White Clay Creek Preserve and many of the areas finest restaurants. *Recent updates include new HVAC and hot water heating system in 2019 and kitchen remodel in 2017.
Last Agent to Sell the Property
(484) 883-4532 jan@janpatrick.com Compass License #RS-0009488 Listed on: 10/16/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,362
Year Built
- Built in 1993
Lot Details
- 0.52 Acre Lot
- Property is zoned NC21
HOA Fees
- $15 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Front Facing Garage
Home Design
- Colonial Architecture
- Traditional Architecture
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Traditional Floor Plan
- Wet Bar
- Built-In Features
- Chair Railings
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- 1 Fireplace
- Family Room Off Kitchen
- Sitting Room
- Formal Dining Room
- Den
- Recreation Room
- Bonus Room
- Home Gym
- Wood Flooring
- Laundry Room
- Finished Basement
Kitchen
- Eat-In Kitchen
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Schools
- Maclary Elementary School
- Shue-Medill Middle School
- Newark High School
Utilities
- 90% Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Community Details
- Cotswold Hills Subdivision
Listing and Financial Details
- Assessor Parcel Number 08-029.10-046
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2020
Closed on
Dec 2, 2020
Sold by
Marchesiello Donald T and Marchesiello Lisa
Bought by
Kovacs Patrick and Salandria Angela
Seller's Agent
Jan Patrick
Compass
Buyer's Agent
Monica Bush
Patterson-Schwartz - Greenville
List Price
$545,000
Sold Price
$550,000
Premium/Discount to List
$5,000
0.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,941
Avg. Annual Appreciation
6.86%
Original Mortgage
$510,400
Outstanding Balance
$457,281
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$300,660
Purchase Details
Closed on
Aug 24, 1993
Bought by
Marchesiello Donald T and Marchesiello Lisa
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kovacs Patrick | $470,000 | None Listed On Document | |
| Marchesiello Donald T | $206,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kovacs Patrick | $510,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2020 12/02/20 | Sold | $550,000 | 0.0% | $101 / Sq Ft |
| 10/23/2020 10/23/20 | Price Changed | $550,000 | +0.9% | $101 / Sq Ft |
| 10/19/2020 10/19/20 | Pending | -- | -- | -- |
| 10/16/2020 10/16/20 | For Sale | $545,000 | -- | $100 / 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 | $5,981 | $136,100 | $28,200 | $107,900 |
| 2023 | $5,825 | $136,100 | $28,200 | $107,900 |
| 2022 | $5,784 | $136,100 | $28,200 | $107,900 |
| 2021 | $5,661 | $136,100 | $28,200 | $107,900 |
| 2020 | $5,505 | $136,100 | $28,200 | $107,900 |
| 2019 | $5,164 | $136,100 | $28,200 | $107,900 |
| 2018 | $207 | $136,100 | $28,200 | $107,900 |
| 2017 | $4,573 | $136,100 | $28,200 | $107,900 |
| 2016 | $4,573 | $136,100 | $28,200 | $107,900 |
| 2015 | $4,181 | $136,100 | $28,200 | $107,900 |
| 2014 | $4,184 | $136,100 | $28,200 | $107,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jan Patrick
-
Monica Bush
Buyer's Agent in 2020
Monica Bush
Patterson Schwartz
(302) 429-7330
2 in this area
109 Total Sales
Map
Source: Bright MLS
MLS Number: DENC511410
APN: 08-029.10-046
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