NOT LISTED FOR SALE

362 Wallace Dr Newark, DE 19711

Newark Area

Estimated Value: $469,000 - $544,000

4 Beds
2.5 Baths
2,138 Sq Ft
$236/Sq Ft Est. Value

Sale Details

Date Sold: March 27, 2020

Last sale price $365,000 $171 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,069 / mo

1 Day on Market

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Backs to Trees or Woods
  • 0.55 Acre Lot
  • Traditional Floor Plan
  • Wood Flooring

About This Home

As of March 2020

This lovely 4 bedroom, 2.5 bath colonial home sits on a half-acre cul-de-sac lot only 150 yards to the White Clay Creek State Park. Hiking and biking trails are within walking distance from this Top of the Wedge house. Well maintained by the owners for 34 years, the home includes these features: a charming kitchen, dining room, and family room remodeled in 2014 and a walk-in pantry. Other notable features include hardwood floors throughout both floors (with exception of the family room which is carpeted), and new windows, roof, and siding replaced in 2013. There is a partial basement that is partially finished with ample built-in storage, two closets, and a room that is being used as an exercise room, a 2-car turned garage with inside access and a new HVAC system that was installed in 2017. A new septic system was installed in September 2019. This upgraded and well-cared for home is located within minutes to downtown Newark, the University of Delaware, restaurants, and shopping.

Last Agent to Sell the Property

Barbara Burlingame

(302) 369-5397 newarkoffice@c21gk.com Century 21 Gold Key Realty Listed on: 01/23/2020

Century 21 Gold Key Realty

Last Buyer's Agent

Ross Weiner

(302) 477-3900 john@johnwford.com RE/MAX Associates-Wilmington

RE/MAX Associates-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,161

Year Built

  • Built in 1972 | Remodeled in 2014

Lot Details

  • 23,958 Sq Ft Lot
  • Lot Dimensions are 123.70 x 189.40
  • Cul-De-Sac
  • North Facing Home
  • Landscaped
  • Backs to Trees or Woods
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,138 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Brick Fireplace
  • Triple Pane Windows
  • ENERGY STAR Qualified Windows
  • Replacement Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Views of Woods
  • Attic

Kitchen

  • Double Self-Cleaning Oven
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Partially Finished Basement

  • Partial Basement
  • Interior Basement Entry
  • Water Proofing System
  • Shelving
  • Crawl Space
  • Basement Windows

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outbuilding

Schools

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

Utilities

  • Dehumidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Underground Utilities
  • 220 Volts
  • 150 Amp Service
  • 110 Volts
  • Power Generator
  • Well
  • Natural Gas Water Heater
  • Gravity Septic Field
  • On Site Septic
  • Septic Pump
  • Phone Available
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • Suburban Location

Community Details

  • No Home Owners Association
  • Top Of The Wedge Subdivision

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 09-005.40-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,161

Year Built

Built in 1972 | Remodeled in 2014

Lot Details

0.55 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal property; Butcher block island in kitchen; Kitchen hutch; Wall entertainment center in the family room; washer/dryer (negotiable)
  • Historic: No
  • Inclusions: Generator; Cabinet with trash drawer in the kitchen; dehumidifier in the basement
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-01-23
  • Year Built: 1972
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven - Double, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Floor Plan - Traditional, Primary Bath(s), Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Energy Efficient, Energy Star Qualified, Replacement, Screens, Triple Pane, Vinyl Clad
  • Fireplace Features: Brick, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space, Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Partial, Interior Access, Partially Finished, Shelving, Water Proofing System, Windows
  • Laundry Type: Main Floor
  • Total Sq Ft: 2138
  • Living Area Sq Ft: 2138
  • Price Per Sq Ft: 170.72
  • Above Grade Finished Sq Ft: 2138
  • 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, Frame
  • Exterior Features: Exterior Lighting, Outbuilding(s)
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Trees/Woods
  • 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: 2
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Dehumidifier, Energy Star Cooling System
  • Electric Service: 110 Volts, 150 Amps, 220 Volts, Circuit Breakers, Generator, Underground
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Gravity Sept Fld, On Site Septic, Septic Pump
  • Utilities: Cable Tv, Phone
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 74100.00
  • Land Assessed Value: 16700.00
  • Lot Features: Backs To Trees, Cul-De-Sac, Front Yard, Landscaping, Rear Yard
  • Lot Size Acres: 0.55
  • Lot Dimensions: 123.70 x 189.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23958.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2293028
  • School Tax: 2412.00
  • Tax Annual Amount: 3161.00
  • Assessor Parcel Number: 09-005.40-019
  • Tax Lot: 019
  • Tax Page Number: 194
  • 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
Jan 23, 2020
Closed on
Mar 27, 2020
Sold by
Bought by
Seller's Agent
Barbara Burlingame
Century 21 Gold Key Realty
Buyer's Agent
Ross Weiner
RE/MAX Associates-Wilmington
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$504,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,228
Avg. Annual Appreciation
5.24%
Original Mortgage
$292,000
Interest Rate
0.034%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1986
Bought by
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

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
-- None Available
$149,500 --
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 $292,000
Previous Owner $85,000
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
03/27/2020 03/27/20 Sold $365,000 0.0% $171 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $365,000 -- $171 / 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 -- $473,000 $98,900 $374,100
2024 $3,866 $90,800 $16,700 $74,100
2023 $3,760 $90,800 $16,700 $74,100
2022 $3,752 $90,800 $16,700 $74,100
2021 $3,161 $90,800 $16,700 $74,100
2020 $3,161 $90,800 $16,700 $74,100
2019 $3,161 $90,800 $16,700 $74,100
2018 $3,078 $90,800 $16,700 $74,100
2017 $2,962 $90,800 $16,700 $74,100
2016 $2,962 $90,800 $16,700 $74,100
2015 $2,698 $90,800 $16,700 $74,100
2014 $2,697 $90,800 $16,700 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC493630

Bright MLS

APN: 09-005.40-019

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