Seller's Agent in 2014
Joseph Berchock
RE/MAX
(302) 530-5515
5 in this area
83 Total Sales
3 Somerset Ln Newark, DE 19711
Estimated Value: $719,115 - $795,000
5
Beds
3.5
Baths
3,350
Sq Ft
$224/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- Attic
- Cathedral Ceiling
- Whirlpool Bathtub
- 2 Fireplaces
About This Home
As of September 2014NEW PRICE!!!Impeccable Home, a true 5 bedroom, 3.1 bath, Executive Home, in highly desirable community. The full brick front fa ade with two dormers and front porch evoke the feeling of a home built from an era gone by, but the homes interior has numerous features for today's modern lifestyles. The grand formal areas are highlighted with a marble enhanced fireplace. The elegant and spacious dining room features colonial millwork and bright BOW Window alcove. The expanded Gourmet Cherry Kitchen has a wall of windows, New granite counter tops, New G.E. Profile Stainless Appliances, Pantry, Desk Work Station, Center Island with Down Draft Cooktop and Peninsula Breakfast Bar. Breakfast room overlooks a step down family room with a floor to ceiling brick fireplace and four dramatic oversized arch top windows. A den and mudroom round out the first level. Glorious master retreat with dramatic tray ceiling, Huge His & Her walk-in closets, Hers is Cedar Lined, plenty of room for a Seating or Dressing area, plus an opulent four piece master bath with a whirlpool and 7' Double Vanity. Four generous additional bedrooms all with hardwood floors, loads of closet space, one is a Princess Suite with private bath entry. Four piece full hall bath with linen closet Upgrades include, Brand New 30-year dimensional shake roof, two zone high efficiency HVAC and new hot water heater. Also included is central vacuum, security and intercom systems. Appliances included. Hardwood and Tile throughout. Premium .56 Acre Home site.
Last Agent to Sell the Property
(302) 530-5515 jwberchock@gmail.com RE/MAX Associates - Newark License #RS-0009070 Listed on: 04/24/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,422
Year Built
- Built in 1990
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 102x224
- Northwest Facing Home
- Level Lot
- Property is in good condition
- Property is zoned NC21
HOA Fees
- $15 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 3 Open Parking Spaces
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,350 Sq Ft Home
- Property has 2 Levels
- Central Vacuum
- Cathedral Ceiling
- Ceiling Fan
- 2 Fireplaces
- Marble Fireplace
- Brick Fireplace
- Family Room
- Living Room
- Dining Room
- Home Security System
- Attic
Kitchen
- Butlers Pantry
- Built-In Self-Cleaning Oven
- Cooktop
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile or Brick
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 3.5 Bathrooms
- Whirlpool Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
Basement
- Basement Fills Entire Space Under The House
- Drainage System
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
- ENERGY STAR Qualified Equipment for Heating
Outdoor Features
- Porch
Utilities
- Air Filtration System
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Underground Utilities
- 200+ Amp Service
- Natural Gas Water Heater
- Cable TV Available
Community Details
- Association fees include common area maintenance
- Cotswold Hills Subdivision
Listing and Financial Details
- Tax Lot 058
- Assessor Parcel Number 08-029.10-058
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2014
Closed on
Sep 17, 2014
Sold by
Degroat Richard L and Papa Lucinda A
Bought by
Cotty Elizbeth and Yackanech Adam
Seller's Agent
Joseph Berchock
RE/MAX Associates - Newark
Buyer's Agent
William Webster
EXP Realty, LLC
List Price
$489,900
Sold Price
$445,640
Premium/Discount to List
-$44,260
-9.03%
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
$306,139
Avg. Annual Appreciation
4.86%
Original Mortgage
$438,480
Interest Rate
4.09%
Mortgage Type
VA
Purchase Details
Closed on
Jan 29, 2013
Sold by
Degroat Richard L and Papa Lucinda A
Bought by
Degroat Richard L and Papa Lucinda A
Purchase Details
Closed on
Jul 31, 2001
Sold by
Navarro Julio E and Navarro Judith B
Bought by
Degroat Richard L and Degroat Lucinda Papa
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 |
|---|---|---|---|
| Cotty Elizbeth | $445,640 | None Available | |
| Degroat Richard L | -- | None Available | |
| Degroat Richard L | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cotty Elizbeth | $438,480 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2014 09/30/14 | Sold | $445,640 | -0.9% | $133 / Sq Ft |
| 08/27/2014 08/27/14 | Pending | -- | -- | -- |
| 08/08/2014 08/08/14 | Price Changed | $449,500 | -1.2% | $134 / Sq Ft |
| 08/06/2014 08/06/14 | Price Changed | $454,900 | -3.2% | $136 / Sq Ft |
| 06/02/2014 06/02/14 | Price Changed | $469,900 | -4.1% | $140 / Sq Ft |
| 04/24/2014 04/24/14 | For Sale | $489,900 | -- | $146 / 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 | $6,812 | $155,000 | $27,900 | $127,100 |
| 2023 | $6,633 | $155,000 | $27,900 | $127,100 |
| 2022 | $6,587 | $155,000 | $27,900 | $127,100 |
| 2021 | $6,447 | $155,000 | $27,900 | $127,100 |
| 2020 | $6,269 | $155,000 | $27,900 | $127,100 |
| 2019 | $5,611 | $155,000 | $27,900 | $127,100 |
| 2018 | $5,435 | $155,000 | $27,900 | $127,100 |
| 2017 | $5,249 | $155,000 | $27,900 | $127,100 |
| 2016 | $5,208 | $155,000 | $27,900 | $127,100 |
| 2015 | -- | $154,000 | $27,900 | $126,100 |
| 2014 | $4,234 | $154,000 | $27,900 | $126,100 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Berchock
-
William Webster
Buyer's Agent in 2014
William Webster
EXP Realty, LLC
(302) 367-5285
34 Total Sales
Map
Source: Bright MLS
MLS Number: 1002898784
APN: 08-029.10-058
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