NOT LISTED FOR SALE

331 Cannons Way Newark, DE 19713

Newark Area

Estimated Value: $380,067

3 Beds
2.5 Baths
1,875 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2020

Last sale price $240,000 $128 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,297 / mo

5 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Corner Fireplace

About This Home

As of October 2020

Welcome to 331 Cannons Way! This rarely available end unit townhome in the desirable community of Cannons Gate is the largest lot in the community and boasts over 1,800 square feet of living space. The first floor offers your new floors (2018) with an open concept that is ideal to entertain. Need even more space? Walk out back to a private deck and fenced in yard that is perfect for hosting friends and family and the best spot in town to watch the U of D fireworks! Make your way upstairs to your master bedroom that has vaulted ceilings, a brand-new skylight (2020), a walk-in closet, full bath, and slider doors to your very own private deck over-looking the back yard. It's a perfect spot for a morning cup of coffee. There are 2 generous size bedrooms and full bath rounding out the second floor. Looking for even more space? Make your way down to the generous sized basement that is just waiting for your finishing touches. This home features fresh paint throughout (2020), new roof (2020), new floors on first floor (2018), and a new skylight in master bedroom (2020). You don't want to miss out on an opportunity to own a great home in the heart of Newark! 331 Cannons Way is within the 5-mile radius of Newark Charter, and walking distance to the University of Delaware. Make sure to schedule your tour today! *Sellers are willing to offer a credit towards new carpet*

Last Agent to Sell the Property

Francis Clark

(302) 202-9855 ashley.hess@compass.com Compass License #RS-0023915 Listed on: 08/15/2020

Compass

Co-Listed By

Chad Mitchell

(302) 504-6147 cmitchellhomes@gmail.com Crown Homes Real Estate License #RS-0019903

Last Buyer's Agent

Dawn Bright

(844) 837-5274 info@teslarealtygroup.com Tesla Realty Group, LLC License #RS-0019052

Tesla Realty Group, LLC
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,383

Year Built

  • Built in 1990

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45.80 x 141.70

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,875 Sq Ft Home
  • Property has 2 Levels
  • Corner Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Cannons Gate Subdivision

Listing and Financial Details

  • Tax Lot 177
  • Assessor Parcel Number 18-044.00-177

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,383

Year Built

Built in 1990

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Inclusions/Exclusions Sheet
  • Home Warranty: No
  • Inclusions: See Inclusions/Exclusions Sheet
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Features: Corner
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1875
  • Living Area Sq Ft: 1875
  • Price Per Sq Ft: 130.67
  • Above Grade Finished Sq Ft: 1875
  • 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: Vinyl Siding, Aluminum Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: MCVEY
  • High School: GLASGOW
  • Middle Or Junior School: GAUGER-COBBS

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 54400.00
  • Land Assessed Value: 9300.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: 45.80 x 141.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Zoning: 18RR
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2373937
  • School Tax: 1692.00
  • Tax Annual Amount: 2383.00
  • Assessor Parcel Number: 18-044.00-177
  • Tax Lot: 177
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

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
Aug 15, 2020
Closed on
Oct 9, 2020
Sold by
Bought by
Seller's Agent
Francis Clark
Compass
Buyer's Agent
Dawn Bright
Tesla Realty Group, LLC
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%
Current Estimated Value
$380,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,067
Avg. Annual Appreciation
8.23%
Original Mortgage
$160,000
Outstanding Balance
$139,385
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$240,682

Purchase Details

Closed on
Jul 19, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 29, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
6.55%
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
-- Ward & Taylor Llc
$215,000 The Security Title Guarantee
$145,000 --
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 $160,000
Previous Owner $4,098
Previous Owner $43,000
Previous Owner $172,000
Previous Owner $137,750
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
10/09/2020 10/09/20 Sold $240,000 -2.0% $128 / Sq Ft
08/26/2020 08/26/20 Price Changed $245,000 +4.3% $131 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/20/2020 08/20/20 Price Changed $235,000 +4.4% $125 / Sq Ft
08/15/2020 08/15/20 For Sale $225,000 -- $120 / 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 $2,490 $355,800 $72,100 $283,700
2024 $672 $63,700 $9,300 $54,400
2023 $2,303 $63,700 $9,300 $54,400
2022 $2,279 $63,700 $9,300 $54,400
2021 $2,221 $63,700 $9,300 $54,400
2020 $2,157 $63,700 $9,300 $54,400
2019 $1,891 $63,700 $9,300 $54,400
2018 $9,856 $63,700 $9,300 $54,400
2017 $493 $63,700 $9,300 $54,400
2016 $1,787 $63,700 $9,300 $54,400
2015 $1,602 $63,700 $9,300 $54,400
2014 $1,601 $63,700 $9,300 $54,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC506338

Bright MLS

APN: 18-044.00-177

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