NOT LISTED FOR SALE

318 Old Harmony Rd Newark, DE 19711

Estimated Value: $372,000 - $589,149

5 Beds
2 Baths
250 Sq Ft
$1,943/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $289,000 $1,156 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,838/month

132 Days on Market

Highlights

  • View of Trees or Woods
  • 2.01 Acre Lot
  • Colonial Architecture
  • Wilson (Etta J.) Elementary School Rated 10
  • Dual Staircase
  • Stream or River on Lot

About This Home

As of May 2020

Welcome to 318 Old Harmony Road. A gorgeous setting adjacent to the White Clay Creek offers an incredible amount of options and opportunity for the right buyer. The property being sold consists of two parcels that add up to nearly 4 acres of land. The original main residence on the property exudes character and is complete with stunning architectural details, such as: a front to back staircase, original fireplaces, ornate trim moldings, high ceilings and much more. The land itself presents a true bucolic park-like setting, and it is believed that one of the oldest Sycamore trees in Delaware sits here. Subdivision possibilities may be available. 318 Old Harmony Road is a truly special property that offers a great location just minutes to Christiana Hospital, 95, shopping, restaurants and much more. Sale price also includes parcel number 09-009.00-003.

Last Agent to Sell the Property

James Rice

(302) 540-0509 jim@realgreatagent.com Real of Pennsylvania License #RS308675 Listed on: 12/09/2019

Real of Pennsylvania

Last Buyer's Agent

James Rice

(302) 540-0509 jim@realgreatagent.com Real of Pennsylvania License #RS308675 Listed on: 12/09/2019

Real of Pennsylvania

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,158

Year Built

  • Built in 1740

Lot Details

  • 2.01 Acre Lot
  • Lot Dimensions are 293.30 x 355.60
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Back and Side Yard
  • Additional Land
  • 09-009.00-003
  • Subdivision Possible
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 250 Sq Ft Home
  • Property has 3 Levels
  • Dual Staircase
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling height of 9 feet or more
  • 4 Fireplaces
  • Wood Flooring
  • Views of Woods
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Stream or River on Lot
  • On Site Septic

Community Details

  • No Home Owners Association
  • Lexington Square Subdivision

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 09-009.00-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,158

Year Built

Built in 1740

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Sellers Personal Property
  • Inclusions: Negotiable
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1740
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Chair Railings, Crown Moldings, Double/Dual Staircase, Wainscotting
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 250
  • Living Area Sq Ft: 250
  • Price Per Sq Ft: 1300.00
  • Above Grade Finished Sq Ft: 250
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Metal
  • View: Trees/Woods
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 09-009.00-003
  • Lot Features: Additional Lot(s), Backs To Trees, Partly Wooded, Rear Yard, Sideyard(s), Stream/Creek, Subdivision Possible, Trees/Wooded
  • Lot Size Acres: 2.01
  • Lot Dimensions: 293.30 x 355.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87556.00
  • Property Condition: Below Average, Very Good
  • Zoning: S
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 2409.00
  • Tax Annual Amount: 3158.00
  • Assessor Parcel Number: 09-009.00-002
  • Tax Lot: 002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
May 22, 2020
Sold by
Marra Ernesto E and Simpers Clara Jane
Bought by
Hehman Denis L and Hehman Amy J
Seller's Agent
James Rice
Real of Pennsylvania
Buyer's Agent
James Rice
Real of Pennsylvania
List Price
$325,000
Sold Price
$289,000
Premium/Discount to List
-$36,000
-11.08%
Current Estimated Value
$485,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,787
Avg. Annual Appreciation
9.57%
Original Mortgage
$100,000
Outstanding Balance
$88,614
Interest Rate
3.3%
Mortgage Type
Seller Take Back
Estimated Equity
$397,173

Purchase Details

Closed on
Aug 10, 2001
Sold by
Marra Ernesto E and Marra Clara S
Bought by
Marra Ernesto E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.16%
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
Hehman Denis L -- None Available
Marra Ernesto E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hehman Denis L $100,000
Previous Owner Marra Ernesto E $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $289,000 -11.1% $1,156 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
12/09/2019 12/09/19 For Sale $325,000 -- $1,300 / 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 $3,784 $100,600 $26,000 $74,600
2023 $3,666 $100,600 $26,000 $74,600
2022 $4,157 $100,600 $26,000 $74,600
2021 $4,069 $100,600 $26,000 $74,600
2020 $3,573 $90,700 $25,100 $65,600
2019 $6,258 $90,700 $25,100 $65,600
2018 $0 $90,700 $25,100 $65,600
2017 $3,319 $90,700 $25,100 $65,600
2016 $3,319 $90,700 $25,100 $65,600
2015 -- $90,700 $25,100 $65,600
2014 $2,694 $90,700 $25,100 $65,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC491936

Bright MLS

APN: 09-009.00-002