Ping Xu
RE/MAX Edge
(856) 276-5384
165 Total Sales
28 in Newark
$215K - $700K Price Range
40 Richards Ln Newark, DE 19711
Newark AreaEstimated Value: $560,927
4
Beds
1.5
Baths
2,175
Sq Ft
$258/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- Waterfront
- Curved or Spiral Staircase
- View of Trees or Woods
- 3.72 Acre Lot
- Wood Burning Stove
About This Home
As of May 2020Complete privacy! No deed restrictions! Bring your kids, horse, pony, dogs, chickens and enjoy country living minutes from the city of Newark! 3.72 acres with gorgeous spring fed pond, Best of both worlds. Tucked in on a private lane in the middle of Covered Bridge Farms, this c. 1845 farmhouse offers many possibilities for the old house lover. Do you want a fun project? Refinish the original pine floors, restore the fireplace in the master bedroom, expose beams, add shutters and stucco over the existing siding to enhance the classic architectural style. You cannot over improve for the area. The furnace was new in 2017, and all windows and roof have been replaced. Fish, kayak and play, or train your dog in the pond, enjoy the deer, foxes, raccoons, rabbits, geese and groundhogs who are your closest neighbors. You cannot over improve for the area. Bring your imagination. Detached oversized two car garage, shed, small pole building/run in shed, pier and garden area are just a few of the amenities. You cannot subdivide, but you can add a guest house, in-law cottage.
Last Agent to Sell the Property
(302) 999-9999 gail.renulfi@foxroach.com BHHS Fox & Roach - Hockessin License #RS313241 Listed on: 09/27/2019
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 Details
Home Type
- Single Family
Est. Annual Taxes
- $2,926
Year Built
- Built in 1845
Lot Details
- 3.72 Acre Lot
- Waterfront
- South Facing Home
- Partially Fenced Property
- Wood Fence
- Property is in good condition
- Property is zoned NC21
Parking
- 2 Car Detached Garage
- 50 Open Parking Spaces
- Front Facing Garage
- Driveway
Property Views
- Pond
- Woods
Home Design
- Farmhouse Style Home
- Stone Foundation
- Plaster Walls
- Architectural Shingle Roof
- Asbestos
Interior Spaces
- 2,175 Sq Ft Home
- Property has 2.5 Levels
- Traditional Floor Plan
- Curved or Spiral Staircase
- Paneling
- 2 Fireplaces
- Wood Burning Stove
- Self Contained Fireplace Unit Or Insert
- Fireplace Mantel
- Brick Fireplace
- Replacement Windows
- Window Screens
- Entrance Foyer
- Living Room
- Dining Room
- Partial Basement
Kitchen
- Eat-In Country Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Microwave
- Extra Refrigerator or Freezer
- Freezer
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Water Access
- Property is near a pond
- Screened Patio
- Exterior Lighting
- Pole Barn
- Shed
- Outbuilding
- Porch
Schools
- Downes Elementary School
- Shue-Medill Middle School
- Newark High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Oil
- Spring Is the Water Source
- Well
- Electric Water Heater
- On Site Septic
Additional Features
- Energy-Efficient Exposure or Shade
- Suburban Location
- Horses Allowed On Property
Community Details
- No Home Owners Association
- Covered Bridge Farms Subdivision
Listing and Financial Details
- Tax Lot 061
- Assessor Parcel Number 09-007.20-061
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
Sep 27, 2019
Closed on
May 22, 2020
Sold by
Richards Francis H and Richards Janice Ann
Bought by
Seller's Agent
Ruth Clancy
BHHS Fox & Roach - Hockessin
Buyer's Agent
Linda Hanna
Patterson-Schwartz-Hockessin
List Price
$375,000
Sold Price
$339,000
Premium/Discount to List
-$36,000
-9.6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,927
Avg. Annual Appreciation
8.24%
Original Mortgage
$322,050
Outstanding Balance
$279,047
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$281,880
Purchase Details
Closed on
Apr 29, 2011
Sold by
Richards Francis H
Bought by
Richards Francis H and Richards Janice Ann
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Newark, DE
-
Ping Xu
-
Dustin Oldfather
Dustin Oldfather
Compass
(302) 393-2276
1,393 Total Sales
5 in Newark
$75K - $660K Price Range
-
Keave Andrew Slomine
Keave Andrew Slomine
New Republic Realty
(484) 806-8811
99 Total Sales
2 in Newark
$600K - $680K Price Range
-
Candice Santoro
Candice Santoro
CR Realty
(610) 708-1799
77 Total Sales
1 in Newark
$140,000 Price
-
Brynn Beideman
Brynn Beideman
RE/MAX Associates-Hockessin
(484) 779-1643
77 Total Sales
2 in Newark
$285K - $545K Price Range
-
Lakeisha Cunningham
Lakeisha Cunningham
EXP Realty, LLC
(856) 276-5616
102 Total Sales
3 in Newark
$525K - $625K Price Range
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 | ||
| Richards Francis H | -- | None Available |
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 | $322,050 | ||
| Previous Owner | Richards Francis H | $145,000 |
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 |
|---|---|---|---|---|
| 05/22/2020 05/22/20 | Sold | $339,000 | -9.6% | $156 / Sq Ft |
| 09/28/2019 09/28/19 | For Sale | $375,000 | -- | $172 / 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 | $4,138 | $508,300 | $209,500 | $298,800 |
| 2024 | $3,619 | $85,000 | $45,900 | $39,100 |
| 2023 | $3,520 | $85,000 | $45,900 | $39,100 |
| 2022 | $3,512 | $85,000 | $45,900 | $39,100 |
| 2021 | $3,438 | $85,000 | $45,900 | $39,100 |
| 2020 | $2,088 | $85,000 | $45,900 | $39,100 |
| 2019 | $1,445 | $85,000 | $45,900 | $39,100 |
| 2018 | $1,397 | $85,000 | $45,900 | $39,100 |
| 2017 | $1,229 | $85,000 | $45,900 | $39,100 |
| 2016 | $1,229 | $85,000 | $45,900 | $39,100 |
| 2015 | -- | $85,000 | $45,900 | $39,100 |
| 2014 | $1,074 | $85,000 | $45,900 | $39,100 |
Source: Public Records
Agents Affiliated with this Home
-
Ruth Clancy
RC
Seller's Agent in 2020
Ruth Clancy
BHHS Fox & Roach
(302) 740-0464
13 Total Sales
-
Linda Hanna
Buyer's Agent in 2020
Linda Hanna
Patterson Schwartz
(302) 547-5836
185 Total Sales
-
Kathleen Eddins
Buyer Co-Listing Agent in 2020
Kathleen Eddins
Patterson Schwartz
(302) 893-4373
212 Total Sales
Map
Source: Bright MLS
MLS Number: DENC484634
APN: 09-007.20-061
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.
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 2026 Bright MLS, Inc.
Nearby Homes
- 36 Covered Bridge Ln
- 812 Hilltop Rd
- 52 E Mill Station Dr
- 821 N Country Club Dr
- 56 E Mill Station Dr
- 38 E Mill Station Dr
- 125 Delrem Dr
- 305 Meriden Dr
- 203 Meriden Dr
- 205 Phillips Mill Ln
- 103 Meriden Dr
- 55 Woodhill Ct
- 4 Timberline Dr
- 24 Wakefield Dr
- 109 Casho Mill Rd
- 39 Glen Brook Dr
- 67 Kennard Dr
- 69 Kennard Dr
- 5 Terry Ln
- 402 Leahy Dr
Your Personal Tour Guide
Ask me questions while you tour the home.