NOT LISTED FOR SALE

349 New London Rd Newark, DE 19711

Estimated Value: $370,000 - $419,000

5 Beds
2 Baths
2,175 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $190,000 $87 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,332/month

148 Days on Market

Highlights

  • Rambler Architecture
  • 1 Car Attached Garage
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • 4-minute walk to Fairfield Crest Park

About This Home

As of April 2017

INVESTMENT OPPORTUNITY! Just 3 blocks away from downtown Main Street and The University of Delaware is a great investment opportunity, 349 New London Rd. This 5 bedroom 2 bath property has tons of potential with 2,175 sq. Ft of living space. This home has a 3 tenant City of Newark Rental permit in Place. The house sits on a 3rd of an acre right next to the Newark Country Club. Enjoy summer time a barbecue, While, watching the sunset over the beautiful landscape. A little TLC will make this property last for years to come. Offered At a great value, tour this property today! Owner is licensed Real Estate Agent.

Last Agent to Sell the Property

Donald Odom

EMORY HILL REAL ESTATE SERVICES INC. Listed on: 10/20/2016

Last Buyer's Agent

Peggy Centrella

Patterson-Schwartz-Hockessin License #RS-0022047

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,094

Year Built

  • Built in 1963

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 71x175
  • Property is in below average condition
  • Property is zoned 18RD

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Rambler Architecture
  • Stone Siding

Interior Spaces

  • 2,175 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Fairfield Crest Subdivision

Listing and Financial Details

  • Tax Lot 040
  • Assessor Parcel Number 18-007.00-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,094

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Washer, Dryer, Fridge, Stove As-Is Condition
  • New Construction: No
  • Year Built: 1963
  • Remarks Public: INVESTMENT OPPORTUNITY! Just 3 blocks away from downtown Main Street and The University of Delaware is a great investment opportunity, 349 New London Rd. This 5 bedroom 2 bath property has tons of potential with 2,175 sq. Ft of living space. This home has a 3 tenant City of Newark Rental permit in Place. The house sits on a 3rd of an acre right next to the Newark Country Club. Enjoy summer time a barbecue, While, watching the sunset over the beautiful landscape. A little TLC will make this property last for years to come. Offered At a great value, tour this property today! Owner is licensed Real Estate Agent.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2175
  • Living Area Sq Ft: 2175
  • Net Sq Ft: 2175.00
  • Price Per Sq Ft: 96.55
  • Above Grade Finished Sq Ft: 2175
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 349

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 45100.00
  • Land Assessed Value: 13400.00
  • Lot Size Acres: 0.29
  • Lot Dimensions: 71X175
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Property Attached Yn: No
  • Property Condition: Below Average
  • Zoning: 18RD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2368230
  • Tax Annual Amount: 2094.00
  • Assessor Parcel Number: 18-007.00-040
  • Tax Lot: 040
  • Tax Year: 2016
  • Close Date: 04/28/2017

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2016
Closed on
Apr 27, 2017
Sold by
Brian W Ball Living Trust
Bought by
Dempsey Kyle R
Seller's Agent
Donald Odom
EMORY HILL REAL ESTATE SERVICES INC.
Buyer's Agent
Peggy Centrella
Patterson-Schwartz-Hockessin
List Price
$225,789
Sold Price
$190,000
Premium/Discount to List
-$35,789
-15.85%
Current Estimated Value
$394,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,832
Avg. Annual Appreciation
9.46%
Original Mortgage
$152,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2006
Sold by
Ball Brian W and Ball Judy L
Bought by
The Brian W Ball Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,580
Interest Rate
6.34%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 8, 2003
Sold by
Felker Michael J and Felker Irene L
Bought by
Ball Brian W and Ball Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Dempsey Kyle R $190,000 None Available
The Brian W Ball Living Trust -- None Available
Ball Brian W $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dempsey Kyle R $147,500
Closed Dempsey Kyle R $152,000
Previous Owner The Brian W Ball Living Trust $74,580
Previous Owner Ball Brian W $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $190,000 -9.5% $87 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
01/27/2017 01/27/17 Price Changed $209,995 -2.2% $97 / Sq Ft
12/01/2016 12/01/16 Price Changed $214,789 -2.3% $99 / Sq Ft
11/01/2016 11/01/16 Price Changed $219,789 -2.7% $101 / Sq Ft
10/20/2016 10/20/16 For Sale $225,789 -- $104 / 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 $2,167 $58,500 $13,400 $45,100
2023 $2,115 $58,500 $13,400 $45,100
2022 $2,093 $58,500 $13,400 $45,100
2021 $2,039 $58,500 $13,400 $45,100
2020 $1,981 $58,500 $13,400 $45,100
2019 $1,736 $58,500 $13,400 $45,100
2018 $1,696 $58,500 $13,400 $45,100
2017 $1,646 $58,500 $13,400 $45,100
2016 $1,641 $58,500 $13,400 $45,100
2015 $1,471 $58,500 $13,400 $45,100
2014 $1,470 $58,500 $13,400 $45,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Donald Odom

    EMORY HILL REAL ESTATE SERVICES INC.

    Section Image
  • Peggy Centrella

    Buyer's Agent in 2017

    Peggy Centrella

    Patterson Schwartz

    (302) 234-5229

    16 in this area

    296 Total Sales

    Peggy Centrella
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003957255

Bright MLS

APN: 18-007.00-040

Delaware New Castle County Newark 19711

349 New London Rd, Newark, DE

This home is located at 349 New London Rd, Newark, DE 19711 since 20 October 2016 and is currently estimated at $394,832, approximately $181 per square foot. This property was built in 1963. 349 New London Rd is a home located in New Castle County with nearby schools including Downes (John R.) Elementary School, Shue-Medill Middle School, and Newark High School.

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