NOT LISTED FOR SALE

324 Wallace Dr Newark, DE 19711

Estimated Value: $500,000 - $535,863

4 Beds
2.5 Baths
2,150 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $525,000 $244 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,026/month

4 Days on Market

Highlights

  • 0.5 Acre Lot
  • Deck
  • Upgraded Countertops
  • Colonial Architecture
  • No HOA
  • 2 Car Attached Garage

About This Home

As of October 2024

Welcome to this charming 4-bedroom, 2.5 bathroom colonial home nestled in the desirable Top of the Wedge neighborhood. This meticulously maintained property offers a blend of classic elegance and modern updates, making it the perfect place for your family to call home. Key Features:
• Spacious Living Room and Formal Dining Room for entertaining or to enjoy those family dinners. • Kitchen: The heart of this home has been beautifully updated with new soft-close cabinets, a stylish quartz countertop with backsplash, recessed lighting, under-cabinet lights, and stainless steel appliances. The kitchen also boasts a convenient pantry for extra storage.
• Family Room: Recently painted and featuring brand new luxury vinyl plank (LVP) flooring, this spacious family room is perfect for gatherings. Cozy up to the wood-burning fireplace on cool evenings.
• Master Bedroom: A true retreat, the master bedroom features hardwood floors and a dressing room with three closets, offering ample storage space.
• Bathrooms: Two and half bathrooms ensure comfort and convenience for the whole family.
• Replacement Windows: Enjoy energy efficiency and a fresh look with replacement windows throughout the home.
• New Well: Recently installed new well ensures a reliable water supply and recently added reverse osmosis system in the kitchen counter and also the line runs to the refrigerator water pitcher and ice maker.
• Outdoor Space: Step outside to the Trek deck in the backyard, perfect for outdoor entertaining and relaxation. This home combines traditional colonial charm with modern amenities and updates, all within the coveted Top of the Wedge community. Don’t miss the opportunity to live within 5 miles of Newark Charter School and to make this beautiful property your new home. Schedule your showing today!

Last Agent to Sell the Property

Karen Taylor

(302) 593-8159 karentaylor@c21gk.com Century 21 Gold Key Realty Listed on: 09/25/2024

Century 21 Gold Key Realty

Last Buyer's Agent

Amy Walton

(302) 463-5815 amy@nexthomesynergy.com Patterson-Schwartz - Greenville License #RS360145

Patterson-Schwartz - Greenville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,967

Year Built

  • Built in 1974

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 95.00 x 196.40
  • Property is in average condition
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,150 Sq Ft Home
  • Property has 2 Levels
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 150 Amp Service
  • Well
  • Natural Gas Water Heater
  • Septic Pump
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Top Of The Wedge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-007.10-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,967

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Vinyl
  • Interior Amenities: Dining Area, Kitchen - Island, Primary Bath(s), Recessed Lighting, Upgraded Countertops
  • Window Features: Replacement
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Laundry, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2150
  • Living Area Sq Ft: 2150
  • Price Per Sq Ft: 244.14
  • Above Grade Finished Sq Ft: 2150
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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: Vinyl Siding
  • Roof: Shingle
  • 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: Concrete Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Septic Pump
  • Utilities: Cable Tv, Natural Gas Available
  • Water Source: Well
  • 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

  • Lot Size Acres: 0.50
  • Lot Dimensions: 95.00 x 196.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Average
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 3137.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3967.00
  • Assessor Parcel Number: 09-007.10-031
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Oct 30, 2024
Sold by
Graves Christa Perrone
Bought by
Abdo Jaber
Seller's Agent
Karen Taylor
Century 21 Gold Key Realty
Buyer's Agent
Amy Walton
Patterson-Schwartz - Greenville
List Price
$524,900
Sold Price
$525,000
Premium/Discount to List
$100
0.02%
Views
58
Current Estimated Value
$516,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,034
Avg. Annual Appreciation
-1.24%
Original Mortgage
$515,490
Outstanding Balance
$510,329
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$6,637

Purchase Details

Closed on
Jan 15, 2022
Sold by
Shirley A Tobin Trust
Bought by
Graves Christa Perrone
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abdo Jaber $445,000 None Listed On Document
Graves Christa Perrone -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdo Jaber $515,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $525,000 0.0% $244 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $524,900 -- $244 / 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 $4,088 $96,000 $17,400 $78,600
2023 $3,976 $96,000 $17,400 $78,600
2022 $3,967 $96,000 $17,400 $78,600
2021 $3,483 $96,000 $17,400 $78,600
2020 $3,382 $96,000 $17,400 $78,600
2019 $3,342 $96,000 $17,400 $78,600
2018 $2,855 $96,000 $17,400 $78,600
2017 $2,631 $96,000 $17,400 $78,600
2016 $2,631 $96,000 $17,400 $78,600
2015 $2,353 $96,000 $17,400 $78,600
2014 $2,352 $96,000 $17,400 $78,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2068996

Bright MLS

APN: 09-007.10-031