NOT LISTED FOR SALE

40 Welsh Tract Rd Newark, DE 19713

Estimated Value: $395,000 - $664,000

4 Beds
2.5 Baths
2,665 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $565,000 $212 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,559/month

110 Days on Market

Highlights

  • New Construction
  • 1.05 Acre Lot
  • Private Lot
  • View of Trees or Woods
  • Open Floorplan
  • Partially Wooded Lot

About This Home

As of May 2023

New Construction in progress in Newark, Delaware. A beautiful 2,665 square foot home with an expansive master suite with his/hers closets, 3 additional bedrooms with walk-in closets, upstairs laundry, 2-1/2 baths, oversized kitchen island with seating, 2-car garage, mudroom, full basement with egress window and a large walk-in pantry on a 1 acre wooded lot. Home will be finished with luxury vinyl plank throughout first floor, carpeted bedrooms, vinyl/tile bathrooms and granite countertops. Less than 2 miles from the University of Delaware. Move quickly to pick your finishes! Expected Completion Date: December 20, 2022.

Last Agent to Sell the Property

Jennifer Stein

Homelister, Inc License #RM422728 Listed on: 09/29/2022

Last Buyer's Agent

Marilyn Mills

BHHS Fox & Roach-Christiana

BHHS Fox & Roach-Christiana

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $219

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1.05 Acre Lot
  • South Facing Home
  • Landscaped
  • Private Lot
  • Level Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in excellent condition

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Bump-Outs
  • Poured Concrete
  • Advanced Framing
  • Batts Insulation
  • Architectural Shingle Roof
  • Asphalt Roof
  • Shake Siding
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home
  • CPVC or PVC Pipes

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Chair Railings
  • Tray Ceiling
  • Two Story Ceilings
  • Double Pane Windows
  • Insulated Windows
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Combination Kitchen and Living
  • Formal Dining Room
  • Views of Woods
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Water Proofing System
  • Sump Pump
  • Space For Rooms
  • Basement Windows

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows with Low Emissivity
  • ENERGY STAR Qualified Equipment

Schools

  • West Park Place Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Single-Phase Power
  • 200+ Amp Service
  • 120/240V
  • 60 Gallon+ Natural Gas Water Heater
  • 60 Gallon+ High-Efficiency Water Heater
  • Grinder Pump
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association
  • Built by Noble Homes

Listing and Financial Details

  • Tax Lot 059
  • Assessor Parcel Number 11-009.00-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$219

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: New Construction in progress in Newark, Delaware. A beautiful 2,665 square foot home with an expansive master suite with his/hers closets, 3 additional bedrooms with walk-in closets, upstairs laundry, 2-1/2 baths, oversized kitchen island with seating, 2-car garage, mudroom, full basement with egress window and a large walk-in pantry on a 1 acre wooded lot. Home will be finished with luxury vinyl plank throughout first floor, carpeted bedrooms, vinyl/tile bathrooms and granite countertops. Less than 2 miles from the University of Delaware. Move quickly to pick your finishes! Expected Completion Date: December 20, 2022.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, Microwave, Oven/Range - Electric, Range Hood, Stainless Steel Appliances, Water Heater - High-Efficiency
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl Plank, Vinyl
  • Interior Amenities: Attic, Carpet, Chair Railings, Combination Kitchen/Living, Dining Area, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Table Space, Primary Bath(s), Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane, Energy Efficient, Insulated, Low-E
  • Fireplace: No
  • Door Features: Energy Star Qualified Door(s), Insulated, Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Dry Wall, Tray Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Interior Access, Poured Concrete, Space For Rooms, Sump Pump, Unfinished, Water Proofing System, Windows
  • Laundry Type: Has Laundry, Hookup, Upper Floor
  • Total Sq Ft: 3865
  • Living Area Sq Ft: 2665
  • Price Per Sq Ft: 215.72
  • Above Grade Finished Sq Ft: 2665
  • Below Grade Sq Ft: 1200
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Advanced Framing, Batts Insulation, Cpvc/Pvc, Concrete, Shake Siding, Stick Built, Stone, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Bump-Outs, Exterior Lighting, Sidewalks
  • Roof: Architectural Shingle, Asphalt
  • View: Street, 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
  • Parking Features: Asphalt Driveway, Paved Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Inside Access
  • 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, Energy Star Cooling System, Programmable Thermostat
  • Electric Service: 120/240V, 200+ Amp Service, Circuit Breakers, Single Phase
  • Heating Fuel: Central, Natural Gas
  • Heating Type: Central, Programmable Thermostat
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Sewer/Septic System: Grinder Pump, Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • Elementary School: WEST PARK PLACE
  • Middle School: SHUE-MEDILL
  • High School: NEWARK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • Elementary School: WEST PARK PLACE
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 5300.00
  • Lot Features: Backs To Trees, Front Yard, Landscaping, Level, Partly Wooded, Private, Rear Yard, Sideyard(s), Trees/Wooded
  • Lot Size Acres: 1.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45738.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: S
  • In City Limits: No

Building Info

  • Builder Name: Noble Homes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2336403
  • School Tax: 175.00
  • Tax Annual Amount: 219.00
  • Assessor Parcel Number: 11-009.00-059
  • Tax Lot: 059
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/05/2023

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
May 5, 2023
Sold by
Noble Homes Llc
Bought by
Shaikh Abdul Rehman Akhta and Shaikh Iffat Bano
Seller's Agent
Jennifer Stein
Homelister, Inc
Buyer's Agent
Marilyn Mills
BHHS Fox & Roach-Christiana
List Price
$574,900
Sold Price
$565,000
Premium/Discount to List
-$9,900
-1.72%
Views
163
Current Estimated Value
$586,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,614
Avg. Annual Appreciation
-1.27%
Original Mortgage
$475,000
Outstanding Balance
$462,869
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$85,955

Purchase Details

Closed on
Dec 17, 2021
Sold by
Wygant Mark and Wygant Tami
Bought by
Noble Homes Llc

Purchase Details

Closed on
Apr 16, 2007
Sold by
Hudson Carlton A
Bought by
Hudson Carlton A and Wygant Tami Louise
Source: Public Records

Range of Values:

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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
Shaikh Abdul Rehman Akhta -- None Listed On Document
Noble Homes Llc -- None Available
Hudson Carlton A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaikh Abdul Rehman Akhta $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $565,000 -1.7% $212 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
09/29/2022 09/29/22 For Sale $574,900 -- $216 / 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 $4,177 $98,100 $5,300 $92,800
2023 $4,063 $98,100 $5,300 $92,800
2022 $219 $5,300 $5,300 $0
2021 $453 $5,300 $5,300 $0
2020 $209 $5,300 $5,300 $0
2019 $185 $5,300 $5,300 $0
2018 $180 $5,300 $5,300 $0
2017 $173 $5,300 $5,300 $0
2016 $173 $5,300 $5,300 $0
2015 $157 $5,300 $5,300 $0
2014 $157 $5,300 $5,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2032204

Bright MLS

APN: 11-009.00-059