NOT LISTED FOR SALE

338 Wallace Dr Newark, DE 19711

Estimated Value: $513,000 - $569,000

4 Beds
2.5 Baths
2,525 Sq Ft
$215/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $347,500 $138 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,175/month

13 Days on Market

Highlights

  • 0.5 Acre Lot
  • No HOA
  • Living Room
  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2019

Well maintained and upgraded home in very popular West Newark. Updated systems, windows, kitchen, tiled baths, newer septic system, roof, siding and more eliminates any long term maintenance. Close to Carpenter Park, Fair Hill Nature Reserve, White Clay Creek, University of Delaware, shopping, I-95 and more. Large family room with wood burning fireplace leads to a 12x20 screened porch and a quiet back yard.

Last Agent to Sell the Property

Deborah Harris

(302) 373-4355 deborah@deborahharris.realtor RE/MAX Associates - Newark License #RB-0031053 Listed on: 08/30/2019

RE/MAX Associates - Newark

Last Buyer's Agent

Alan Beattie

(302) 545-3586 alanbeatti@aol.com BHHS Fox & Roach - Hockessin License #RS315772

BHHS Fox & Roach - Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,474

Year Built

  • Built in 1971

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 110.70 x 196.80
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,525 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association
  • Top Of The Wedge Subdivision

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 09-007.20-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,474

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer/Dryer, Fridge, Ceiling Fans(3) - See inclusions sheet for additional information - Appliances in as-is condition.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-08-30
  • Year Built: 1971
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2525
  • Living Area Sq Ft: 2525
  • Price Per Sq Ft: 138.57
  • Above Grade Finished Sq Ft: 2525
  • 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: Brick, 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 Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 83500.00
  • Land Assessed Value: 17400.00
  • Lot Size Acres: 0.50
  • Lot Dimensions: 110.70 x 196.80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2293170
  • School Tax: 2637.00
  • Tax Annual Amount: 3474.00
  • Assessor Parcel Number: 09-007.20-003
  • Tax Lot: 003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Dec 13, 2019
Sold by
Brien Christopher M O and Brien Amanda M O
Bought by
Beckous Daniel P and Beckous Christina
Seller's Agent
Deborah Harris
RE/MAX Associates - Newark
Buyer's Agent
Alan Beattie
BHHS Fox & Roach - Hockessin
List Price
$349,900
Sold Price
$347,500
Premium/Discount to List
-$2,400
-0.69%
Current Estimated Value
$542,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,049
Avg. Annual Appreciation
7.56%
Original Mortgage
$341,205
Outstanding Balance
$300,228
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$242,321

Purchase Details

Listed on
Feb 8, 2017
Closed on
Apr 27, 2017
Sold by
Anderson Robert and Anderson Judith Anne
Bought by
Obrien Christopher M and Obrien Amanda M
Seller's Agent
John Ford
RE/MAX Associates-Hockessin
Buyer's Agent
Deborah Harris
RE/MAX Associates - Newark
List Price
$355,000
Sold Price
$345,000
Premium/Discount to List
-$10,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.27%
Original Mortgage
$310,500
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Beckous Daniel P -- None Available
Obrien Christopher M $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beckous Daniel P $341,205
Previous Owner Obrien Christopher M $310,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2019 12/18/19 Sold $347,500 -0.7% $138 / Sq Ft
09/27/2019 09/27/19 For Sale $349,900 0.0% $139 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $349,900 +1.4% $139 / Sq Ft
04/27/2017 04/27/17 Sold $345,000 -2.8% $137 / Sq Ft View Prior Sale
03/06/2017 03/06/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $355,000 -- $141 / 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 $4,296 $100,900 $17,400 $83,500
2023 $4,179 $100,900 $17,400 $83,500
2022 $4,169 $100,900 $17,400 $83,500
2021 $4,081 $100,900 $17,400 $83,500
2020 $3,975 $100,900 $17,400 $83,500
2019 $3,513 $100,900 $17,400 $83,500
2018 $3,421 $100,900 $17,400 $83,500
2017 $2,791 $100,900 $17,400 $83,500
2016 $2,791 $100,900 $17,400 $83,500
2015 $2,498 $100,900 $17,400 $83,500
2014 $2,497 $100,900 $17,400 $83,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC484688

Bright MLS

APN: 09-007.20-003