NOT LISTED FOR SALE

350 Wallace Dr Newark, DE 19711

Estimated Value: $434,000 - $566,000

4 Beds
2.5 Baths
2,400 Sq Ft
$217/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $194,000 $81 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $3,192/month

45 Days on Market

Highlights

  • 0.5 Acre Lot
  • Deck
  • Wood Flooring
  • Colonial Architecture
  • Wooded Lot
  • 1 Fireplace

About This Home

As of November 2014

West Newark at its Best!! Fairly private non development setting. 1/2 acre partially wooded lot. Minutes to White Clay Creek Preserve, downtown Newark, Fair Hill, MD, and the PA line in addition to being within biking distance to UD. Large Rooms, fireplace in family room, main floor laundry, full basement, hardwood floors throughout. Room for everyone to spread out and enjoy the good life! Home is a short sale and is being sold in as-is condition. Inspections are for informational purposes only. Short sale documents are a condition of purchase.

Last Agent to Sell the Property

Krisztina Menzies

Patterson-Schwartz-Newark License #TREND:60053580 Listed on: 07/14/2014

Last Buyer's Agent

Kalpana Joshi

Patterson-Schwartz-Hockessin

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,047

Year Built

  • Built in 1972

Lot Details

  • 0.5 Acre Lot
  • Wooded Lot
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Built-In Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Deck

Schools

  • Downes Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Top Of The Wedge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0900540022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,047

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1972
  • Remarks Public: West Newark at its Best!! Fairly private non development setting. 1/2 acre partially wooded lot. Minutes to White Clay Creek Preserve, downtown Newark, Fair Hill, MD, and the PA line in addition to being within biking distance to UD. Large Rooms, fireplace in family room, main floor laundry, full basement, hardwood floors throughout. Room for everyone to spread out and enjoy the good life! Home is a short sale and is being sold in as-is condition. Inspections are for informational purposes only. Short sale documents are a condition of purchase.
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Net Sq Ft: 2400.00
  • Price Per Sq Ft: 93.71
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 350

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • 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
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • Elementary School: DOWNES
  • Middle School: SHUE-MEDILL
  • High School: NEWARK
  • School District Key: 300200396890
  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Improvement Assessed Value: 84200.00
  • Land Assessed Value: 17400.00
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.50
  • Lot Dimensions: 21,780
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2293031
  • Tax Annual Amount: 2047.00
  • Assessor Parcel Number: 0900540022
  • Tax Year: 2013
  • Close Date: 11/25/2014

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2014
Closed on
Nov 18, 2014
Sold by
Swanhart Heather
Bought by
Ali Khan Omer K and Mahtab Muna
Seller's Agent
Krisztina Menzies
Patterson-Schwartz-Newark
Buyer's Agent
Kalpana Joshi
Patterson-Schwartz-Hockessin
List Price
$259,900
Sold Price
$194,000
Premium/Discount to List
-$65,900
-25.36%
Current Estimated Value
$520,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,614
Avg. Annual Appreciation
9.41%

Purchase Details

Closed on
Sep 1, 2005
Sold by
Pizzuto James E and James E Pizzuto Revocable Trus
Bought by
Swanhart Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.85%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 17, 2004
Sold by
Classen Laura C and Pizzuto Laura C
Bought by
Pizzuto James E and James E Pizzuto Revocable Trus
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ali Khan Omer K $145,500 None Available
Swanhart Heather $320,000 --
Pizzuto James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swanhart Heather $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2014 11/25/14 Sold $194,000 -13.7% $81 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
08/18/2014 08/18/14 Price Changed $224,900 -13.5% $94 / Sq Ft
07/14/2014 07/14/14 For Sale $259,900 -- $108 / 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 $4,326 $101,600 $17,400 $84,200
2023 $4,208 $101,600 $17,400 $84,200
2022 $4,198 $101,600 $17,400 $84,200
2021 $4,109 $101,600 $17,400 $84,200
2020 $4,003 $101,600 $17,400 $84,200
2019 $3,537 $101,600 $17,400 $84,200
2018 $3,445 $101,600 $17,400 $84,200
2017 $3,322 $101,600 $17,400 $84,200
2016 $3,314 $101,600 $17,400 $84,200
2015 -- $101,600 $17,400 $84,200
2014 $3,018 $101,600 $17,400 $84,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Krisztina Menzies

    Patterson Schwartz

    Section Image
  • Kalpana Joshi

    Buyer's Agent in 2014

    Kalpana Joshi

    Patterson Schwartz

    (302) 234-6060

    11 in this area

    75 Total Sales

    Kalpana Joshi
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003009808

Bright MLS

APN: 09-005.40-022

Delaware New Castle County Newark 19711

350 Wallace Dr, Newark, DE

This home is located at 350 Wallace Dr, Newark, DE 19711 since 14 July 2014 and is currently estimated at $520,614, approximately $216 per square foot. This property was built in 1972. 350 Wallace Dr 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes