NOT LISTED FOR SALE

311 Marabou Dr Newark, DE 19702

Estimated Value: $417,000 - $551,000

3 Beds
2 Baths
2,325 Sq Ft
$209/Sq Ft Est. Value

Last Sold February 21, 2017

Last sale price $230,000 $99 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,886/month

Highlights

  • 1.21 Acre Lot
  • Wooded Lot
  • 1 Fireplace
  • Olive B. Loss Elementary School Rated A+
  • Rambler Architecture
  • No HOA

About This Home

As of February 2017

Three bedroom vinyl sided ranch on secluded lot needs alot of work. Moldy interior. Fixtures will need to be replaced. Possible frozen pipes. Home lacks a dining room but does have an eat-in kitchen. Large outbuilding. Home situated near the intersection of rt.896 and rt.40 with convenient access to the University of Delaware as well as i95. Room sizes listed here are estimated. Use of the property as well as lot size to be independently verified by potential buyer. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A.

Last Agent to Sell the Property

Michael Eddy

(302) 293-8323 reosince1991@gmail.com Concord Realty Group Listed on: 12/12/2016

Concord Realty Group

Last Buyer's Agent

Justin Riley

jariley@psre.com Patterson-Schwartz-Brandywine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,602

Year Built

  • Built in 1973

Lot Details

  • 1.21 Acre Lot
  • Lot Dimensions are 141x275
  • Wooded Lot
  • Property is zoned NC40

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,325 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Family Room
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association
  • Marabou Meadows Subdivision

Listing and Financial Details

  • Tax Lot 118
  • Assessor Parcel Number 11-031.00-118

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,602

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1973
  • Remarks Public: Three bedroom vinyl sided ranch on secluded lot needs alot of work. Moldy interior. Fixtures will need to be replaced. Possible frozen pipes. Home lacks a dining room but does have an eat-in kitchen. Large outbuilding. Home situated near the intersection of rt.896 and rt.40 with convenient access to the University of Delaware as well as i95. Room sizes listed here are estimated. Use of the property as well as lot size to be independently verified by potential buyer. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 2325
  • Living Area Sq Ft: 2325
  • Net Sq Ft: 2325.00
  • Price Per Sq Ft: 89.46
  • Above Grade Finished Sq Ft: 2325
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 311

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: APPOQUINIMINK
  • School District Key: 300200396893

Lot Info

  • Improvement Assessed Value: 76600.00
  • Land Assessed Value: 18800.00
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 1.21
  • Lot Dimensions: 141X275
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 52708.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Zoning: NC40

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2345709
  • Tax Annual Amount: 2602.00
  • Assessor Parcel Number: 11-031.00-118
  • Tax Lot: 118
  • Tax Year: 2016
  • Close Date: 02/21/2017

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2016
Closed on
Feb 16, 2017
Sold by
Wells Fargo Bank N A
Bought by
Cipolla Mario and Cipolla Shannon
Seller's Agent
Michael Eddy
Concord Realty Group
Buyer's Agent
Justin Riley
Patterson-Schwartz-Brandywine
List Price
$208,000
Sold Price
$230,000
Premium/Discount to List
$22,000
10.58%
Current Estimated Value
$486,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,893
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Oct 19, 2016
Sold by
June William V and June Donna M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 23, 2015
Sold by
June William V and June Donna M
Bought by
June William V and June Donna M

Purchase Details

Closed on
Oct 26, 2011
Sold by
June William V and June Donna M
Bought by
Renshaw Douglas E and Renshaw Danielle M

Purchase Details

Closed on
Sep 28, 2005
Sold by
Ruckle Frank
Bought by
June William J and June Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,176
Interest Rate
5.81%
Mortgage Type
VA

Purchase Details

Closed on
Mar 14, 2005
Sold by
Oneill Joseph M and Oneill Teresa
Bought by
Ruckle Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Cipolla Mario $230,000 None Available
Wells Fargo Bank Na $273,848 None Available
June William V -- None Available
Renshaw Douglas E -- None Available
June William J $236,500 --
Ruckle Frank $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner June William J $242,176
Previous Owner Ruckle Frank $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2017 02/21/17 Sold $230,000 +10.6% $99 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
12/12/2016 12/12/16 For Sale $208,000 -- $89 / 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 $3,992 $95,400 $18,800 $76,600
2023 $3,393 $95,400 $18,800 $76,600
2022 $3,417 $95,400 $18,800 $76,600
2021 $3,375 $95,400 $18,800 $76,600
2020 $3,336 $95,400 $18,800 $76,600
2019 $3,090 $95,400 $18,800 $76,600
2018 $2,974 $95,400 $18,800 $76,600
2017 $2,848 $95,400 $18,800 $76,600
2016 $2,602 $95,400 $18,800 $76,600
2015 $3,530 $95,400 $18,800 $76,600
2014 -- $95,400 $18,800 $76,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003959297

Bright MLS

APN: 11-031.00-118