NOT LISTED FOR SALE

314 Cannons Way Newark, DE 19713

Estimated Value: $319,000 - $385,000

3 Beds
2.5 Baths
1,600 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $245,000 $153 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,878/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Deck
  • No HOA
  • Living Room

About This Home

As of July 2021

SUBJECT TO THE RELEASE OF THE PREVIOUS SALE. Location, price, and condition, this home has it all. Just a walk to the University of Delaware Football Stadium, this home has an oversized driveway, new paint and carpet throughout; new vinyl entry, updated central air and gas heat; updated roof, and new kitchen appliances in the spacious eat in kitchen with a ceiling fan. The kitchen opens to the step down family room with a powder room and slider to the 19 x 10 rear deck. The primary bedroom features vaulted ceilings and skylights, new paint and carpet, and a full bathroom with a large shower stall. The home is situated in a small community that is close to U of D; I-95, shopping, and restaurants. Hurry before it sells! There is a rental permit in place in the City of Newark that is good through 2021

Last Agent to Sell the Property

Wayne West

(302) 983-8511 wayne.west@foxroach.com BHHS Fox & Roach - Hockessin License #R1-0003043 Listed on: 05/26/2021

BHHS Fox & Roach - Hockessin

Last Buyer's Agent

Brittany Proctor

(202) 630-2228 brittanyproctor@remax.net RE/MAX Associates-Hockessin License #647966

RE/MAX Associates-Hockessin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,387

Year Built

  • Built in 1992

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 45.3 x 136.6
  • Back and Front Yard
  • Property is in very good condition

Home Design

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

Interior Spaces

  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Paved Parking

Schools

  • Mcvey Elementary School
  • Gauger-Cobbs Middle School
  • Glasgow High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Deck
  • Suburban Location

Community Details

  • No Home Owners Association
  • Cannons Gate Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 18-044.00-185

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,387

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: refrigerator, dishwasher, washer AS IS, ceiling fans
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bathroom 1, Primary Bathroom
  • Basement: Yes
  • Basement Type: Drainage System, Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 156.25
  • Above Grade Finished Sq Ft: 1600
  • Below Grade Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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: Block, Brick, Vinyl Siding
  • Exterior Features: Street Lights
  • Road Surface Type: Black Top
  • Roof: Fiberglass
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent
  • Elementary School: MCVEY
  • High School: GLASGOW
  • Middle Or Junior School: GAUGER-COBBS

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 48200.00
  • Land Assessed Value: 9200.00
  • Land Lease: No
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.14
  • Lot Dimensions: 45.3 x 136.6
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: 18RR TOWNHOUSES
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2373945
  • School Tax: 1785.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2387.00
  • Assessor Parcel Number: 18-044.00-185
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 9, 2021
Sold by
Stein Valerie A
Bought by
Mcdonald Jimmie D
Seller's Agent
Wayne West
BHHS Fox & Roach - Hockessin
Buyer's Agent
Brittany Proctor
RE/MAX Associates-Hockessin
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$351,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,874
Avg. Annual Appreciation
8.28%
Original Mortgage
$232,750
Outstanding Balance
$211,185
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$140,689

Purchase Details

Closed on
Aug 24, 2001
Sold by
Davis Dean S and Davis Susan N
Bought by
Stein Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
7.21%
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
Mcdonald Jimmie D -- None Available
Stein Valerie A $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Jimmie D $232,750
Previous Owner Stein Valerie A $98,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $245,000 -2.0% $153 / Sq Ft
06/25/2021 06/25/21 For Sale $250,000 0.0% $156 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $250,000 -- $156 / 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 $606 $57,400 $9,200 $48,200
2023 $2,076 $57,400 $9,200 $48,200
2022 $2,054 $57,400 $9,200 $48,200
2021 $1,943 $57,400 $9,200 $48,200
2020 $1,943 $57,400 $9,200 $48,200
2019 $1,704 $57,400 $9,200 $48,200
2018 $8,882 $57,400 $9,200 $48,200
2017 $444 $57,400 $9,200 $48,200
2016 $1,610 $57,400 $9,200 $48,200
2015 $1,443 $57,400 $9,200 $48,200
2014 $1,443 $57,400 $9,200 $48,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC527536

Bright MLS

APN: 18-044.00-185