NOT LISTED FOR SALE

304 Marabou Dr Newark, DE 19702

Estimated Value: $447,000 - $564,000

5 Beds
2.5 Baths
2,050 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $475,000 $232 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,851/month

8 Days on Market

Highlights

  • 1 Acre Lot
  • Colonial Architecture
  • Central Heating and Cooling System
  • Olive B. Loss Elementary School Rated A+
  • 2 Car Attached Garage

About This Home

As of July 2024

This expansive 5-bedroom, 2.5-bath home offers generous living space spread across two levels, making it ideal for families or those who love to entertain. The recently renovated kitchen and bathrooms bring contemporary style and functionality to the home, enhancing both its aesthetic appeal and practicality. With a 2-car attached garage, there's plenty of parking and storage space available. The sizable one-acre lot provides ample outdoor space, including a private backyard with a garden shed, perfect for relaxing or pursuing outdoor hobbies. The main level boasts a large living room, family room, kitchen and dining area, providing versatile spaces for everyday living and hosting gatherings. The primary bedroom suite is a highlight, featuring a spacious walk-in closet and a newly renovated ensuite bathroom, offering a private retreat for relaxation. The unfinished basement presents a valuable opportunity for customization, allowing the new owner to tailor the home to their specific needs and preferences. The inclusion of new windows, refinished wood flooring, and fresh paint throughout the home not only enhance its visual appeal but also indicate a commitment to quality maintenance and upkeep. In summary, this property combines spacious living areas, modern updates, and desirable amenities, offering a comfortable and customizable living space for its new owners. Public sewer line just installed.
Seller is a licensed real estate broker.

Last Agent to Sell the Property

Carol Quattrociocchi

(302) 530-4260 carol.quattro01@gmail.com EXP Realty, LLC License #5219048 Listed on: 06/15/2024

EXP Realty, LLC

Last Buyer's Agent

Michael Davis

(302) 300-2300 michael@mdavisismyrealtor.com Phoenix Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,966

Year Built

  • Built in 1973

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 136.90 x 267.00
  • Property is zoned NC40

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,050 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Private Sewer

Community Details

  • Marabou Meadows Subdivision

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 11-031.00-126

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,966

Year Built

Built in 1973

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 6/15/2024 12:00:00 AM
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2050
  • Living Area Sq Ft: 2050
  • Price Per Sq Ft: 243.85
  • Above Grade Finished Sq Ft: 2050
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, 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: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 55.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 1.00
  • Lot Dimensions: 136.90 x 267.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Zoning: NC40
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2283.00
  • Tax Annual Amount: 2966.00
  • Assessor Parcel Number: 11-031.00-126
  • Tax Lot: 126
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jul 31, 2024
Sold by
Delaware Investment Services Inc
Bought by
Smedley Shane
Seller's Agent
Carol Quattrociocchi
EXP Realty, LLC
Buyer's Agent
Michael Davis
Phoenix Real Estate
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%
Views
113
Current Estimated Value
$492,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,495
Avg. Annual Appreciation
2.46%
Original Mortgage
$349,312
Outstanding Balance
$345,359
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
$147,136

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jan 3, 2024
Sold by
Knothe Charles S
Bought by
Delaware Inv Services Inc
Seller's Agent
Carol Quattrociocchi
EXP Realty, LLC
Buyer's Agent
Carol Quattrociocchi
EXP Realty, LLC
List Price
$275,000
Sold Price
$287,850
Premium/Discount to List
$12,850
4.67%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.16%

Purchase Details

Closed on
Feb 27, 2013
Sold by
Rupp Walter R
Bought by
Rupp Walter R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Smedley Shane -- None Listed On Document
Delaware Inv Services Inc $287,850 None Listed On Document
Rupp Walter R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smedley Shane $349,312
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $475,000 -5.0% $232 / Sq Ft
06/25/2024 06/25/24 Off Market $499,900 -- --
06/24/2024 06/24/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $499,900 +73.7% $244 / Sq Ft
01/03/2024 01/03/24 Sold $287,850 +4.7% $140 / Sq Ft View Prior Sale
06/23/2023 06/23/23 For Sale $275,000 -4.5% $134 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/20/2023 06/20/23 Off Market $287,850 -- --
06/19/2023 06/19/23 For Sale $275,000 -- $134 / 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 $3,465 $82,800 $18,100 $64,700
2023 $2,944 $82,800 $18,100 $64,700
2022 $2,466 $82,800 $18,100 $64,700
2021 $2,496 $82,800 $18,100 $64,700
2020 $2,496 $82,800 $18,100 $64,700
2019 $2,282 $82,800 $18,100 $64,700
2018 $2,181 $82,800 $18,100 $64,700
2017 $2,072 $82,800 $18,100 $64,700
2016 $1,758 $82,800 $18,100 $64,700
2015 $1,696 $82,800 $18,100 $64,700
2014 $1,691 $82,800 $18,100 $64,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2063082

Bright MLS

APN: 11-031.00-126