NOT LISTED FOR SALE

29 Hempstead Dr Newark, DE 19702

Estimated Value: $677,000 - $813,000

4 Beds
3.5 Baths
3,954 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $412,000 $104 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,266/month

49 Days on Market

Highlights

  • 0.5 Acre Lot
  • Colonial Architecture
  • 1 Fireplace
  • Olive B. Loss Elementary School Rated A+
  • Wood Flooring
  • No HOA

About This Home

As of June 2015

This wonderful 4 bed, 3.1 bath 2-Story Colonial is located on a large premium lot. Upon entry you will be welcomed by the 2-story center hall foyer with hardwood floors. The foyer is flanked on one side by the large formal dining room and the fantastic formal living room on the other. This, combined with the 9 Ft. ceilings on the first floor, give this home a wonderful grand feel. The gourmet kitchen features hardwood floors, 42" cabinets, a wonderful island and a built in desk. The attached morning room simply takes this space to the next level as it overlooks the rear yard. The adjacent family room features a vaulted ceiling with skylights and a gas fireplace. Upstairs the master suite has two walk-in closets, a large sitting area and a wonderful master bath, which includes a garden tub, separate shower, double sink and a tile floor. The next largest bedroom is a Princess Suite offering its own private full bath and a walk-in closet. The third and fourth bedrooms share Jack & Jill bath that is equally wonderful. The lower level is finished and is highlighted by recessed lighting and a plumbing rough-in for a future full bath. Come see this one today.

Last Agent to Sell the Property

Erik Hoferer

(302) 405-6583 erik@eriksells.com Long & Foster Real Estate, Inc. Listed on: 03/18/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Raju Danthuluri

(267) 909-1108 raju4homes@gmail.com Brokers Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,234

Year Built

  • Built in 2003

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100x220
  • Level Lot
  • Property is in good condition
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Butlers Pantry
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Farmington Subdivision

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 11-036.10-101

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,234

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Kitchen - Island, Butlers Pantry, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Roof: Shingle
  • 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 107000.00
  • Land Assessed Value: 15200.00
  • Lot Features: Level
  • Lot Size Acres: 0.50
  • Lot Dimensions: 100X220
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Property Condition: Good
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2348194
  • Tax Annual Amount: 3234.00
  • Assessor Parcel Number: 11-036.10-101
  • Tax Lot: 101
  • Tax Year: 2014

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2015
Closed on
Jun 11, 2015
Sold by
Mansuri Saeed and Mansuri Batul
Bought by
Vasamsetty Vidyasagar
Seller's Agent
Erik Hoferer
Long & Foster Real Estate, Inc.
Buyer's Agent
Raju Danthuluri
Brokers Realty Group, LLC
List Price
$424,900
Sold Price
$412,000
Premium/Discount to List
-$12,900
-3.04%
Current Estimated Value
$732,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,373
Avg. Annual Appreciation
5.63%
Original Mortgage
$329,600
Outstanding Balance
$191,491
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$543,352

Purchase Details

Closed on
Apr 29, 2011
Sold by
Fagle Michael J and Fagle Mary Beth
Bought by
Mansuri Saeed and Mansuri Batul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2003
Sold by
Estates Of Farmington Llc
Bought by
Fagle Michael J and Fagle Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2002
Sold by
395 Associates Llc
Bought by
Estates Of Farmington Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vasamsetty Vidyasagar $309,000 The Security Title Guaranty
Mansuri Saeed $425,000 None Available
Fagle Michael J $409,939 --
Estates Of Farmington Llc $534,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasamsetty Vidyasagar $329,600
Previous Owner Mansuri Saeed $340,000
Previous Owner Fagle Michael J $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $412,000 -3.0% $104 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $424,900 0.0% $107 / Sq Ft
08/30/2012 08/30/12 Rented $2,275 0.0% --
08/28/2012 08/28/12 Under Contract -- -- --
07/21/2012 07/21/12 For Rent $2,275 0.0% --
01/24/2012 01/24/12 Rented $2,275 0.0% --
01/18/2012 01/18/12 Under Contract -- -- --
09/26/2011 09/26/11 For Rent $2,275 -- --
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 $5,288 $122,200 $15,200 $107,000
2023 $4,536 $122,200 $15,200 $107,000
2022 $4,548 $122,200 $15,200 $107,000
2021 $4,492 $122,200 $15,200 $107,000
2020 $4,442 $122,200 $15,200 $107,000
2019 $4,654 $122,200 $15,200 $107,000
2018 $3,992 $122,200 $15,200 $107,000
2017 $3,831 $122,200 $15,200 $107,000
2016 $3,487 $122,200 $15,200 $107,000
2015 $3,395 $122,200 $15,200 $107,000
2014 $3,405 $122,200 $15,200 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002554218

Bright MLS

APN: 11-036.10-101