NOT LISTED FOR SALE

271 W Main St Newark, DE 19711

Estimated Value: $683,000 - $1,326,000

5 Beds
6 Baths
9,287 Sq Ft
$110/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $921,000 $99 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,949/month

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Wood Flooring
  • 0.96 Acre Lot
  • Deck
  • Bonus Room

About This Home

As of April 2021

Upon entering the front door of this exquisitely designed residence, one is quick to appreciate the marriage of classic time-honored style with the latest modern amenities. Absolutely no expense has been spared to create this unmatched luxury home in one of the most sought after areas in Newark. Rooms are impeccably planned with top-of-the-line finishes to create livable spaces that temper the home’s extraordinary scale. The kitchen is any chef’s dream, with professional grade appliances, DCS range and Dacor cook-top. In addition to the suite of amenities offered in the kitchen, this home also features a wet bar with wine refrigerator and spacious butler’s pantry. Open to the kitchen, the step-down family room boasts Brazilian Cherry hardwood floors and multiple sets of French doors that lead to a delightfully private rear deck and yard. Upstairs, the private owner’s suite is the ultimate place for rejuvenation after a long day. This quiet retreat has a dressing room with built-in cabinetry and vanity, walk-in closets, and sumptuous master bath with two-person shower and oversized soaking tub. Four additional bedrooms, three full baths, and large bonus room/studio area completes the upper levels and provides superior accommodations for friends and family. Indeed there is no lack of space in this home as it also includes a finished lower level with theater, bonus room and half bath, and a detached two-car garage with 800 sq. ft. of space and a full work shop. The perfect home for those who appreciate space both inside and out, as well as modern conveniences such as 4-zone HVAC, whole house audio system, intercom and central vacuum system.*Located in one of the most sought after areas in Newark, across the street from the Newark Country Club and within walking distance from the University of Delaware and downtown Newark’s numerous restaurants and shops.

Last Agent to Sell the Property

Jan Patrick

(484) 883-4532 jan@janpatrick.com Compass License #RS-0009488 Listed on: 01/22/2021

Compass

Last Buyer's Agent

Janice Scotton

(302) 584-8057 jscotton@comcast.net Patterson-Schwartz-Hockessin

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,358

Year Built

  • Built in 1925

Lot Details

  • 0.96 Acre Lot
  • Property is in excellent condition
  • Property is zoned 18RS

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Recessed Lighting
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Bonus Room
  • Home Gym
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Gourmet Kitchen
  • Butlers Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18-013.00-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,358

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Exclusions: Please see inclusions/exclusions addendum.
  • Inclusions: Please see inclusions/exclusions addendum.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1925
  • Remarks Public: Upon entering the front door of this exquisitely designed residence, one is quick to appreciate the marriage of classic time-honored style with the latest modern amenities. Absolutely no expense has been spared to create this unmatched luxury home in one of the most sought after areas in Newark. Rooms are impeccably planned with top-of-the-line finishes to create livable spaces that temper the home’s extraordinary scale. The kitchen is any chef’s dream, with professional grade appliances, DCS range and Dacor cook-top. In addition to the suite of amenities offered in the kitchen, this home also features a wet bar with wine refrigerator and spacious butler’s pantry. Open to the kitchen, the step-down family room boasts Brazilian Cherry hardwood floors and multiple sets of French doors that lead to a delightfully private rear deck and yard. Upstairs, the private owner’s suite is the ultimate place for rejuvenation after a long day. This quiet retreat has a dressing room with built-in cabinetry and vanity, walk-in closets, and sumptuous master bath with two-person shower and oversized soaking tub. Four additional bedrooms, three full baths, and large bonus room/studio area completes the upper levels and provides superior accommodations for friends and family. Indeed there is no lack of space in this home as it also includes a finished lower level with theater, bonus room and half bath, and a detached two-car garage with 800 sq. ft. of space and a full work shop. The perfect home for those who appreciate space both inside and out, as well as modern conveniences such as 4-zone HVAC, whole house audio system, intercom and central vacuum system.*Located in one of the most sought after areas in Newark, across the street from the Newark Country Club and within walking distance from the University of Delaware and downtown Newark’s numerous restaurants and shops.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Butlers Pantry, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Exercise Room, Media Room, Bonus Room
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 9287
  • Living Area Sq Ft: 9287
  • Price Per Sq Ft: 133.57
  • Above Grade Finished Sq Ft: 6925
  • Below Grade Finished Sq Ft: 2362
  • Total Below Grade Sq Ft: 2362
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 271

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: 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: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: 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
  • Lot Size Acres: 0.96
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 41818.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: 18RS
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2368908
  • Tax Annual Amount: 7358.00
  • Assessor Parcel Number: 18-013.00-027
  • Tax Year: 2020
  • Close Date: 04/15/2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Apr 15, 2021
Sold by
Bulluck Harry S and Bulluck Tammy R
Bought by
Simpers Laurie A and Simpers Joseph A
Seller's Agent
Jan Patrick
Compass
Buyer's Agent
Janice Scotton
Patterson-Schwartz-Hockessin
List Price
$925,000
Sold Price
$921,000
Premium/Discount to List
-$4,000
-0.43%
Current Estimated Value
$1,022,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,122
Avg. Annual Appreciation
2.34%
Original Mortgage
$321,000
Outstanding Balance
$289,824
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$732,298

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jul 21, 2017
Sold by
Cawood Timothy Scott and Bramfitt Christopher L
Bought by
Bulluck Harry S and Oshea Bulluck Tammy R
Seller's Agent
Mark Macomber
RE/MAX Realty Group Rehoboth
Buyer's Agent
Johanna Novack
Pantano Real Estate Inc
List Price
$895,000
Sold Price
$875,000
Premium/Discount to List
-$20,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Original Mortgage
$787,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2015
Closed on
Sep 11, 2015
Sold by
Stritzinger William R and Stritzinger Jennifer L
Bought by
Cawood Timothy Scott and Bramfitt Christopher L
Seller's Agent
Jan Patrick
Compass
Buyer's Agent
Mark Macomber
RE/MAX Realty Group Rehoboth
List Price
$959,900
Sold Price
$775,000
Premium/Discount to List
-$184,900
-19.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$620,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Simpers Laurie A -- None Available
Bulluck Harry S -- None Available
Cawood Timothy Scott $775,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpers Laurie A $321,000
Previous Owner Bulluck Harry S $787,500
Previous Owner Cawood Timothy Scott $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2021 04/15/21 Sold $921,000 -0.4% $99 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $925,000 +5.7% $100 / Sq Ft
07/26/2017 07/26/17 Sold $875,000 +0.2% $125 / Sq Ft View Prior Sale
06/11/2017 06/11/17 Pending -- -- --
05/30/2017 05/30/17 Price Changed $873,000 -2.5% $125 / Sq Ft
04/24/2017 04/24/17 For Sale $895,000 +15.5% $128 / Sq Ft
09/14/2015 09/14/15 Sold $775,000 -13.9% $167 / Sq Ft View Prior Sale
08/17/2015 08/17/15 Pending -- -- --
07/30/2015 07/30/15 Price Changed $899,900 -6.3% $193 / Sq Ft
06/19/2015 06/19/15 For Sale $959,900 -- $206 / 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 $6,554 $176,900 $22,700 $154,200
2023 $6,397 $176,900 $22,700 $154,200
2022 $6,329 $176,900 $22,700 $154,200
2021 $6,167 $176,900 $22,700 $154,200
2020 $5,989 $176,900 $22,700 $154,200
2019 $5,250 $176,900 $22,700 $154,200
2018 $27,372 $176,900 $22,700 $154,200
2017 $1,369 $176,900 $22,700 $154,200
2016 $4,917 $175,300 $22,700 $152,600
2015 $4,408 $175,300 $22,700 $152,600
2014 $4,406 $175,300 $22,700 $152,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC519436

Bright MLS

APN: 18-013.00-027