NOT LISTED FOR SALE

321 Possum Park Rd Newark, DE 19711

Newark Area

Estimated Value: $490,000 - $570,824

4 Beds
2.5 Baths
2,510 Sq Ft
$206/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2024

Last sale price $505,500 $201 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,128 / mo

5 Days on Market

Highlights

  • 1.38 Acre Lot
  • Deck
  • Partially Wooded Lot
  • Dual Staircase
  • Traditional Floor Plan
  • Rambler Architecture

About This Home

As of December 2024

This wonderful custom-built ranch home sits on 1.38 acres in a prime Newark location, free from deed restrictions. With easy access to White Clay Creek State Park and directly across from Middle Run Valley Natural Area, it’s a perfect setting for nature lovers seeking mountain biking, hiking, and countless outdoor activities. The property offers complete single-story living, ideal for those looking to expand their lifestyle needs or downsize without sacrificing space. The home’s three-year-old metal roof ensures lasting durability, and upgrades to property include public water and sewer, with natural gas available for future connection. An original well remains, a potential source of water for gardening or other uses. The spacious, oversized two-car garage accommodates vehicles with room to set up shop for hobbies or projects, while the expansive paved parking area can store trailers, additional cars, and recreational vehicles. At the back, a generous covered deck provides a serene overlook of the large yard, perfect for gardening & hosting gatherings for family & friends. Inside, you’ll find original hardwood floors throughout the main level, adding warmth and character to each room. The front entryway features a charming Dutch door and a roomy coat closet, leading into a grand living room where recently uncovered hardwood floors look amazing having been protected under carpet for years. These same floors continue under any remaining carpet on the main level. The living room boasts triple windows overlooking the deck and a double-sided wood-burning fireplace with a heatilator for added comfort, which also enhances the adjacent sunlit dining room. The kitchen, with tasteful solid wood cabinetry and a large walk-in pantry, was designed with past renovations to provide practicality and style, including convenient features like a microwave shelf and an appliance garage. There is a HUGE Walk-up Attic for the utmost in storage convenience. All 4 bedrooms are spacious corner rooms, each with multiple windows and substantial floor-to-ceiling closets. The south wing hosts two bedrooms & full bathroom including the primary bedroom, while the north wing features two more bedrooms and a second full bathroom with a whole-house fan. Both bathrooms are finished with classic tiled walls and floors, and updated tub enclosures. The laundry is thoughtfully relocated in the north wing bathroom for easy access. The finished daylight walk-out basement extends the living area with a recreation room that opens through French doors to the rear patio. Additional basement features include plumbing for a toilet, a large storage closet, a former vegetable/root cellar, a utility room with outdoor access, and inside access to the superior garage. This unique property, situated within the Newark Charter School 5-mile radius, offers an exceptional opportunity to create the home and lifestyle you desire. Don’t miss out—schedule your tour today!

Last Agent to Sell the Property

Kathy Melcher

(302) 995-1200 cbsoldsisters@gmail.com Coldwell Banker Rowley Realtors License #RS-0019961 Listed on: 11/07/2024

Coldwell Banker Rowley Realtors

Last Buyer's Agent

Dustin Oldfather

(302) 273-4998 ashley.hess@compass.com Compass License #RS-0017091

Compass

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,960

Year Built

  • Built in 1958

Lot Details

  • 1.38 Acre Lot
  • Lot Dimensions are 208.00 x 272.40
  • Corner Lot
  • Partially Wooded Lot
  • Property is in very good condition
  • Property is zoned NC21

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Metal Roof

Interior Spaces

  • Property has 1 Level
  • Traditional Floor Plan
  • Dual Staircase
  • Ceiling Fan
  • Recessed Lighting
  • Double Sided Fireplace
  • Heatilator
  • Fireplace With Glass Doors
  • French Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Wood Flooring
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Upgraded Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Exterior Basement Entry
  • Rough-In Basement Bathroom
  • Natural lighting in basement

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 012
  • Assessor Parcel Number 08-047.00-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,960

Year Built

Built in 1958

Lot Details

1.38 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Book Shelf in Basement & BR3, Garage Worktable, 2 Shelves in Storage Room, Miscellaneous Items in Shed, Well Bladder Tank
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Refrigerator, Trash Compactor, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Additional Stairway, Attic, Attic/House Fan, Bathroom - Tub Shower, Breakfast Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Recessed Lighting, Wood Floors, Ceiling Fan(s), Upgraded Countertops
  • Fireplace Features: Fireplace - Glass Doors, Heatilator, Double Sided
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Six Panel, Storm
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Laundry, Storage Room, Bathroom 1, Bathroom 2, Attic, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Full, Garage Access, Fully Finished, Outside Entrance, Rough Bath Plumb, Walkout Level
  • Basement Footprint Percent: 100.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 2510
  • Living Area Sq Ft: 2510
  • Price Per Sq Ft: 250.63
  • Above Grade Finished Sq Ft: 1975
  • Below Grade Finished Sq Ft: 535
  • Total Below Grade Sq Ft: 535
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Block
  • Exterior Features: Exterior Lighting, Street Lights
  • Roof: Metal
  • 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: Paved Driveway
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Whole House Fan
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas Available, Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available
  • Water Source: Public, Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner, Not In Development, Partly Wooded
  • Lot Size Acres: 1.38
  • Lot Dimensions: 208.00 x 272.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 60113.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3194.00
  • Tax Annual Amount: 3960.00
  • Assessor Parcel Number: 08-047.00-012
  • Tax Lot: 012
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Dec 6, 2024
Sold by
Bought by
Seller's Agent
Kathy Melcher
Coldwell Banker Rowley Realtors
Buyer's Agent
Dustin Oldfather
Compass
List Price
$495,000
Sold Price
$505,500
Premium/Discount to List
$10,500
2.12%
Views
203
Current Estimated Value
$516,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,206
Avg. Annual Appreciation
1.30%
Original Mortgage
$505,500
Interest Rate
6.72%
Mortgage Type
VA

Purchase Details

Closed on
Sep 13, 2024
Sold by
Bought by

Purchase Details

Closed on
Mar 20, 2024
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2000
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Newark, DE

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$505,500 None Listed On Document
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $511,500
Closed $505,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $505,500 +2.1% $201 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $495,000 -- $197 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 -- $504,600 $215,200 $289,400
2024 $3,460 $93,000 $22,700 $70,300
2023 $3,352 $93,000 $22,700 $70,300
2022 $3,343 $93,000 $22,700 $70,300
2021 $3,362 $93,000 $22,700 $70,300
2020 $0 $93,000 $22,700 $70,300
2019 $3,077 $93,000 $22,700 $70,300
2018 $2,753 $93,000 $22,700 $70,300
2017 $2,641 $93,000 $22,700 $70,300
2016 $2,534 $93,000 $22,700 $70,300
2015 $2,263 $93,000 $22,700 $70,300
2014 $2,263 $93,000 $22,700 $70,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2071082

Bright MLS

APN: 08-047.00-012

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