NOT LISTED FOR SALE

40 Berkley Dr Newark, DE 19702

Estimated Value: $715,000 - $849,000

4 Beds
6 Baths
5,525 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $485,000 $88 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,464/month

57 Days on Market

Highlights

  • 0.6 Acre Lot
  • Contemporary Architecture
  • Sun or Florida Room
  • Olive B. Loss Elementary School Rated A+
  • 1 Fireplace
  • No HOA

About This Home

As of December 2019

Tremendous value can be found in this classic two story home with front and back staircaes. Huge eat in kitchen flows to a family room with a gas fireplace. A beautiful sunroom or office boasts lots of natural light. A formal dining room and living room compliment the first floor. The basement features another room that could be a retreat bedroom. The majority of the basement is a recreation room. Complete your home theater area here and entertain with the bar area. The upstairs has great room sizes. Two bedrooms are set up with an ajoining full bath, another bedroom has its own full bathroom. The main bedroom suite has vaulted ceilings, a sitting area. huge walk in closet, full bath and powder room. Recently painted, carpeted and updated. You won't be disappointed with the value of this home.

Last Agent to Sell the Property

John Ford

(302) 740-7350 john@johnwford.com RE/MAX Associates-Hockessin License #RB-0003054 Listed on: 09/12/2019

RE/MAX Associates-Hockessin

Last Buyer's Agent

James Rice

(302) 540-0509 thejimricegroup@gmail.com Real of Pennsylvania License #RS308675

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,554

Year Built

  • Built in 2007

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 114.60 x 220.00
  • Property is zoned NC21

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Aluminum Siding
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 5,525 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Farmington Subdivision

Listing and Financial Details

  • Tax Lot 026
  • Assessor Parcel Number 11-031.30-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,554

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2007
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Basement, Bedroom 1, Sun/Florida Room
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 5525
  • Living Area Sq Ft: 5525
  • Price Per Sq Ft: 90.48
  • Above Grade Finished Sq Ft: 5525
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Vinyl Siding, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 125000.00
  • Land Assessed Value: 15600.00
  • Lot Size Acres: 0.60
  • Lot Dimensions: 114.60 x 220.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26136.00
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2345923
  • School Tax: 3398.00
  • Tax Annual Amount: 4554.00
  • Assessor Parcel Number: 11-031.30-026
  • Tax Lot: 026
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2018
Sold by
Hackett Philip A and Hackett Angela D
Bought by
Mccormick 106 Llc and Wilmington Savings Fund Society Fsb
Current Estimated Value
$756,776

Purchase Details

Closed on
Sep 19, 2007
Sold by
Gilman Development Co
Bought by
Hackett Phillip A and Hackett Angela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,725
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2006
Sold by
395 Associates Llc
Bought by
Gilman Development Co
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
Mccormick 106 Llc $330,000 None Available
Hackett Phillip A $438,525 None Available
Gilman Development Co $1,820,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hackett Phillip A $372,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $485,000 -3.0% $88 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $499,900 -- $90 / 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 $6,085 $140,600 $15,600 $125,000
2023 $5,219 $140,600 $15,600 $125,000
2022 $5,233 $140,600 $15,600 $125,000
2021 $5,169 $140,600 $15,600 $125,000
2020 $5,111 $140,600 $15,600 $125,000
2019 $5,029 $140,600 $15,600 $125,000
2018 $631 $140,600 $15,600 $125,000
2017 $4,012 $140,600 $15,600 $125,000
2016 $4,012 $140,600 $15,600 $125,000
2015 $3,906 $140,600 $15,600 $125,000
2014 $3,917 $140,600 $15,600 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC486798

Bright MLS

APN: 11-031.30-026