NOT LISTED FOR SALE

Estimated Value: $580,153 - $675,000

3 Beds
2 Baths
3,200 Sq Ft
$194/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $385,000 $120 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,015/month

194 Days on Market

Highlights

  • In Ground Pool
  • Sauna
  • Deck
  • Water Oriented
  • 1.34 Acre Lot
  • Wood Burning Stove

About This Home

As of December 2016

Peacefully nestled in the North Newark sought-after community of Wedge Hills, this spacious L-shaped hillside rancher has it all. The deeply wooded 1.34 acre lot slopes away from the beautiful pool, gazebo and patio areas accessible from many areas of the back of this 3 bedroom 2 bath rancher. This home boasts a secluded outdoor oasis as well as an indoor Jacuzzi; you can relax in any weather. Properties are rarely available in this small and desirable community. Relax by the pool, enjoy evening BBQ dining with friends and loved ones under the poolside gazebo, or hang out at the wet-bar in the spacious all-season sunroom. Come and see the unique and zen-like setting this property has to offer, with amenities such as a wine cellar, cedar storage closet and huge storage in the unfinished basement, Kitchen opening directly to a cozy room with one of three fireplaces. No matter where you go in this property, the views beckon you to relax, revive and smile. This property is one of 23 homes lining the drive that is the Fox Lane community. This is the home you have been looking for!

Last Agent to Sell the Property

Maria Beaton

Keller Williams Realty Wilmington License #RS-0023755 Listed on: 05/12/2016

Co-Listed By

Priscilla Borges

Compass License #RS-0019706

Last Buyer's Agent

Team Freebery

EXP Realty, LLC License #R3-0017962

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 1960

Lot Details

  • 1.34 Acre Lot
  • Lot Dimensions are 215 x 332
  • Creek or Stream
  • East Facing Home
  • Irregular Lot
  • Sloped Lot
  • Wooded Lot
  • Property is in good condition
  • Property is zoned NC40

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Sauna
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Drainage System
  • Laundry in Basement

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • Deck
  • Patio

Location

  • Property is near a creek

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, snow removal
  • Wedge Hills Subdivision

Listing and Financial Details

  • Tax Lot 052
  • Assessor Parcel Number 09-005.00-052

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,448

Year Built

Built in 1960

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Refrigerator, Washer, Dryer
  • Inclusions: Range/Oven, Dishwasher, Disposal, Microwave, Pool Equipmt
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Remarks Public: Peacefully nestled in the North Newark sought-after community of Wedge Hills, this spacious L-shaped hillside rancher has it all. The deeply wooded 1.34 acre lot slopes away from the beautiful pool, gazebo and patio areas accessible from many areas of the back of this 3 bedroom 2 bath rancher. This home boasts a secluded outdoor oasis as well as an indoor Jacuzzi; you can relax in any weather. Properties are rarely available in this small and desirable community. Relax by the pool, enjoy evening BBQ dining with friends and loved ones under the poolside gazebo, or hang out at the wet-bar in the spacious all-season sunroom. Come and see the unique and zen-like setting this property has to offer, with amenities such as a wine cellar, cedar storage closet and huge storage in the unfinished basement, Kitchen opening directly to a cozy room with one of three fireplaces. No matter where you go in this property, the views beckon you to relax, revive and smile. This property is one of 23 homes lining the drive that is the Fox Lane community. This is the home you have been looking for!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Fully Carpeted, Stone
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Skylight(s), Ceiling Fan(s), Whirlpool/Hottub, Sauna, Stove - Wood, Water Treat System, Wet/Dry Bar, Breakfast Area
  • Fireplace Features: Brick
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance, Drainage System
  • Basement Footprint Percent: 100.00
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Net Sq Ft: 3200.00
  • Price Per Sq Ft: 128.09
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Access To Pool: Yes
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 700.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • Elementary School: DOWNES
  • Middle School: SHUE-MEDILL
  • High School: NEWARK
  • School District Key: 300200396890
  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Improvement Assessed Value: 118200.00
  • Land Assessed Value: 31500.00
  • Lot Features: Irregular, Sloping, Trees/Wooded
  • Lot Size Acres: 1.34
  • Lot Dimensions: 215 X 332
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 58370.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: NC40

Green Features

  • Green Remarks: Please turn off all lights and double lock the front door when leaving the property. Other notes: New Septic system installed last year. Property line is located beyond the back part of the fence, does not include the creek

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2292935
  • Tax Annual Amount: 4448.00
  • Assessor Parcel Number: 09-005.00-052
  • Tax Lot: 052
  • Tax Year: 2016
  • Close Date: 12/27/2016

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Dec 27, 2016
Sold by
Weichert Workforce Mobility Inc
Bought by
Fite Thomas H
Seller's Agent
Maria Beaton
Keller Williams Realty Wilmington
Buyer's Agent
Team Freebery
EXP Realty, LLC
List Price
$435,000
Sold Price
$385,000
Premium/Discount to List
-$50,000
-11.49%
Current Estimated Value
$620,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,288
Avg. Annual Appreciation
5.20%
Original Mortgage
$365,750
Interest Rate
4.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Fite Thomas H $385,000 Brennan Title Company
Weichert Workforce Mobility Inc $385,000 Brennan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fite Thomas H $62,500
Open Fite Thomas H $347,000
Closed Weichert Workforce Mobility Inc $365,750
Previous Owner Oleary Irene G $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2016 12/27/16 Sold $385,000 -6.1% $120 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
10/28/2016 10/28/16 Price Changed $409,900 -1.2% $128 / Sq Ft
08/27/2016 08/27/16 Price Changed $415,000 -2.4% $130 / Sq Ft
07/04/2016 07/04/16 Price Changed $425,000 -2.3% $133 / Sq Ft
05/12/2016 05/12/16 For Sale $435,000 -- $136 / 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 $6,374 $149,700 $31,500 $118,200
2023 $6,200 $149,700 $31,500 $118,200
2022 $6,185 $149,700 $31,500 $118,200
2021 $6,055 $149,700 $31,500 $118,200
2020 $5,898 $149,700 $31,500 $118,200
2019 $5,212 $149,700 $31,500 $118,200
2018 $5,075 $149,700 $31,500 $118,200
2017 $4,895 $149,700 $31,500 $118,200
2016 $4,851 $149,700 $31,500 $118,200
2015 $4,448 $149,700 $31,500 $118,200
2014 $4,447 $149,700 $31,500 $118,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003960257

Bright MLS

APN: 09-005.00-052