NOT LISTED FOR SALE

392 Paper Mill Rd Newark, DE 19711

Estimated Value: $432,000 - $543,000

3 Beds
2.5 Baths
2,860 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $305,000 $107 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,834/month

Highlights

  • Contemporary Architecture
  • Home Gym
  • 1 Car Attached Garage
  • No HOA
  • Den
  • Oversized Parking

About This Home

As of August 2019

Spacious(2,450 sq ft.) twin home located conveniently close to University of Delaware and right in between the Newark Reservoir and William M. Redd Jr. parks. This newer home has the size and sought after amenities that today's buyer is searching for. Some of the highlights include the master suite with vaulted ceilings, walk-in closet and private bath, 2nd floor laundry, large living room open to dining with new luxury vinyl plank flooring, 12x20 screened-in porch off of the kitchen with views of the fenced in rear yard. To top it off it has a fully, professionally finished basement offering 3 additional rooms as well as a oversized garage. This home has been professionally painted inside and out and is in move-in condition.

Last Agent to Sell the Property

KC DiAmbrosio

Patterson-Schwartz-Hockessin Listed on: 05/30/2019

Patterson-Schwartz-Hockessin

Last Buyer's Agent

RHONDA SHIN

BHHS Fox & Roach - Hockessin License #680222

BHHS Fox & Roach - Hockessin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,956

Year Built

  • Built in 1999

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 38.00 x 253.70

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Semi-Detached or Twin Home
  • Contemporary Architecture
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Home Gym
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 025
  • Assessor Parcel Number 18-004.00-025

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,956

Year Built

Built in 1999

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: All appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1999
  • Remarks Public: Spacious(2,450 sq ft.) twin home located conveniently close to University of Delaware and right in between the Newark Reservoir and William M. Redd Jr. parks. This newer home has the size and sought after amenities that today's buyer is searching for. Some of the highlights include the master suite with vaulted ceilings, walk-in closet and private bath, 2nd floor laundry, large living room open to dining with new luxury vinyl plank flooring, 12x20 screened-in porch off of the kitchen with views of the fenced in rear yard. To top it off it has a fully, professionally finished basement offering 3 additional rooms as well as a oversized garage. This home has been professionally painted inside and out and is in move-in condition.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Exercise Room, Laundry, Office
  • Basement: Yes
  • Basement Type: Full
  • Basement Finished Percent: 100.00
  • Total Sq Ft: 2860
  • Living Area Sq Ft: 2860
  • Price Per Sq Ft: 132.61
  • Above Grade Finished Sq Ft: 2450
  • Below Grade Finished Sq Ft: 410
  • Total Below Grade Sq Ft: 410
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 392

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
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • 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
  • Garage Features: Additional Storage Area, Garage Door Opener, Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • 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: 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
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 68600.00
  • Land Assessed Value: 11500.00
  • Lot Size Acres: 0.22
  • Lot Dimensions: 38.00 x 253.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Year Assessed: 2018
  • Zoning: 18RD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2367819
  • School Tax: 2093.00
  • Tax Annual Amount: 2956.00
  • Assessor Parcel Number: 18-004.00-025
  • Tax Lot: 025
  • Tax Total Finished Sq Ft: 2860
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/07/2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Aug 7, 2019
Sold by
Malekzadeh Shane and Malekzadeh Tyler
Bought by
Dpl Property Holding 1 Llc
Seller's Agent
KC DiAmbrosio
Patterson-Schwartz-Hockessin
Buyer's Agent
RHONDA SHIN
BHHS Fox & Roach - Hockessin
List Price
$339,900
Sold Price
$305,000
Premium/Discount to List
-$34,900
-10.27%
Current Estimated Value
$485,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,455
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Feb 2, 2012
Sold by
Malekzadeh Abdollah
Bought by
Malekzadeh Shane and Malekzadeh Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2011
Sold by
Kopishke Charles and Kopishke Lynda
Bought by
Malekzadeh Abdollah
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Dpl Property Holding 1 Llc $305,000 None Available
Malekzadeh Shane -- None Available
Malekzadeh Abdollah $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malekzadeh Shane $185,000
Previous Owner Kopishke Charles $279,000
Previous Owner Kopishke Charles $213,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2019 08/07/19 Sold $305,000 -6.1% $107 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/11/2019 07/11/19 Price Changed $324,900 -1.5% $114 / Sq Ft
06/11/2019 06/11/19 Price Changed $329,900 -2.9% $115 / Sq Ft
05/30/2019 05/30/19 For Sale $339,900 -- $119 / 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 $2,968 $80,100 $11,500 $68,600
2023 $2,896 $80,100 $11,500 $68,600
2022 $2,866 $80,100 $11,500 $68,600
2021 $2,792 $80,100 $11,500 $68,600
2020 $2,789 $80,100 $11,500 $68,600
2019 $2,789 $80,100 $11,500 $68,600
2018 $600 $80,100 $11,500 $68,600
2017 $620 $80,100 $11,500 $68,600
2016 -- $80,100 $11,500 $68,600
2015 -- $80,100 $11,500 $68,600
2014 -- $80,100 $11,500 $68,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC479496

Bright MLS

APN: 18-004.00-025