NOT LISTED FOR SALE

402 Nona Ln Newark, DE 19702

Estimated Value: $588,000 - $700,000

5 Beds
3.5 Baths
4,246 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $510,000 $120 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,804/month

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Tennis Courts
  • Open Floorplan
  • Wood Flooring
  • Formal Dining Room

About This Home

As of August 2021

BACK TO ACTIVE! Minor repairs being completed post inspections. Absolutely stunning home with every upgrade imaginable in the rarely available community of Forest Ridge! Impressive entry with Brazilian cherry hardwood floors throughout the entire house! The first floor consists of a first floor office/study, formal dining room, living room and a family room with marble fireplace. The kitchen is gorgeous with white custom cabinetry, matching emerald granite countertops, center island and a breakfast bar overlooking the sunroom...all with Brazilian cherry floors. Custom paint, crown molding and custom blinds in every room! 4 bedrooms upstairs include a master bedroom suite with a tray ceiling, full master bathroom, large 21 x 8 walk in closet and hardwood floors. The finished basement features a large pantry, game room/entertainment area with a wet bar, a fifth bedroom and a full bathroom. Could easily be converted to an in law suite with a private entrance. Other amenities include an oversized two car garage, nicely landscaped and a large back yard deck. New HVAC ( 2020)on lower level with UV light air cleaner and humidifier , new tankless hot water heater. This home is located in the Newark Charter School 5 mile radius and within a few miles of the University of Delaware campus.
Seller just installed an almost $10,000 exterior drainage system because water was pooling on neighbor's lawn. Absolutely no water in basement. Property abuts almost an acre of community space available for your use. Enjoy it but don't have to maintain it! Also, a community pond and tennis courts.

Last Agent to Sell the Property

Donna Perri

(484) 883-5760 donnaperri4@gmail.com VRA Realty License #RS322259 Listed on: 05/29/2021

VRA Realty

Last Buyer's Agent

Jennifer Pipinos

(302) 983-1197 jpipinos@psre.com Patterson-Schwartz-Newark

Patterson-Schwartz-Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,657

Year Built

  • Built in 2002

Lot Details

  • 9,583 Sq Ft Lot
  • Property is zoned NC21

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Instant Hot Water

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Water Treatment System
  • Tankless Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Tax Lot 063
  • Assessor Parcel Number 11-016.20-063

Community Details

Overview

  • Association fees include common area maintenance
  • Forest Ridge HOA
  • Forest Ridge Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,657

Year Built

Built in 2002

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-05-29
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: BACK TO ACTIVE! Minor repairs being completed post inspections. Absolutely stunning home with every upgrade imaginable in the rarely available community of Forest Ridge! Impressive entry with Brazilian cherry hardwood floors throughout the entire house! The first floor consists of a first floor office/study, formal dining room, living room and a family room with marble fireplace. The kitchen is gorgeous with white custom cabinetry, matching emerald granite countertops, center island and a breakfast bar overlooking the sunroom...all with Brazilian cherry floors. Custom paint, crown molding and custom blinds in every room! 4 bedrooms upstairs include a master bedroom suite with a tray ceiling, full master bathroom, large 21 x 8 walk in closet and hardwood floors. The finished basement features a large pantry, game room/entertainment area with a wet bar, a fifth bedroom and a full bathroom. Could easily be converted to an in law suite with a private entrance. Other amenities include an oversized two car garage, nicely landscaped and a large back yard deck. New HVAC ( 2020)on lower level with UV light air cleaner and humidifier , new tankless hot water heater. This home is located in the Newark Charter School 5 mile radius and within a few miles of the University of Delaware campus. Seller just installed an almost $10,000 exterior drainage system because water was pooling on neighbor's lawn. Absolutely no water in basement. Property abuts almost an acre of community space available for your use. Enjoy it but don't have to maintain it! Also, a community pond and tennis courts.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Humidifier, Icemaker, Instant Hot Water, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Conditioner - Owned, Water Heater - Tankless
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Recessed Lighting, Water Treat System, Window Treatments, Wood Floors
  • Fireplace Features: Fireplace - Glass Doors, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Basement Finished Percent: 90.00
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4246
  • Living Area Sq Ft: 4246
  • Price Per Sq Ft: 142.86
  • Above Grade Finished Sq Ft: 3500
  • Below Grade Finished Sq Ft: 746
  • Total Below Grade Sq Ft: 746
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: 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: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • 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
  • Hot Water: Instant Hot Water
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 275.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: FOREST RIDGE
  • HOA: Yes
  • 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: 105100.00
  • Land Assessed Value: 13100.00
  • Lot Size Acres: 0.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Year Assessed: 2020
  • Zoning: NC21
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2338206
  • School Tax: 3675.00
  • Tax Annual Amount: 4657.00
  • Assessor Parcel Number: 11-016.20-063
  • Tax Lot: 063
  • Tax Total Finished Sq Ft: 4246
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/27/2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2021
Closed on
Aug 27, 2021
Sold by
Cash William D and Cash Amber
Bought by
Timilsina Sujan and Thapa Naweena
Seller's Agent
Donna Perri
VRA Realty
Buyer's Agent
Jennifer Pipinos
Patterson-Schwartz-Newark
List Price
$500,000
Sold Price
$510,000
Premium/Discount to List
$10,000
2%
Current Estimated Value
$631,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,209
Avg. Annual Appreciation
5.29%
Original Mortgage
$408,000
Outstanding Balance
$371,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$259,959

Purchase Details

Listed on
Jun 28, 2018
Closed on
Jul 21, 2018
Sold by
Basoor Chandramouli and Chandramouli Ranjana
Bought by
Cash William D and Cash Amber
Seller's Agent
Laura Walker
Walker Realty Group LLC
Buyer's Agent
Kim Hoffman
BHHS Fox & Roach - Hockessin
List Price
$459,900
Sold Price
$425,000
Premium/Discount to List
-$34,900
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$382,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2005
Sold by
Kaplan Steven M and Kaplan Gwen C
Bought by
Basoor Chandramouli and Chandramouli Ranjana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2002
Sold by
Pulte Home Corp
Bought by
Kaplan Steven M and Kaplan Gwen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,774
Interest Rate
7%

Purchase Details

Closed on
Mar 12, 2002
Sold by
Cunane Properties Llc
Bought by
Pulte Home Corp
Source: Public Records

Range of Values:

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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
Timilsina Sujan -- None Available
Cash William D -- None Available
Basoor Chandramouli $415,000 --
Kaplan Steven M $320,860 --
Pulte Home Corp $292,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timilsina Sujan $408,000
Previous Owner Cash William D $382,500
Previous Owner Basoor Chandramouli $332,000
Previous Owner Kaplan Steven M $288,774
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2021 08/27/21 Sold $510,000 +2.0% $120 / Sq Ft
07/06/2021 07/06/21 For Sale $500,000 0.0% $118 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $500,000 -4.8% $118 / Sq Ft
05/29/2021 05/29/21 For Sale $525,000 +23.5% $124 / Sq Ft
07/30/2018 07/30/18 Sold $425,000 -7.6% $121 / Sq Ft View Prior Sale
06/28/2018 06/28/18 For Sale $459,900 0.0% $131 / Sq Ft
12/01/2015 12/01/15 Rented $2,250 -10.0% --
11/02/2015 11/02/15 Under Contract -- -- --
08/08/2015 08/08/15 For Rent $2,500 -- --
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 $5,202 $118,200 $13,100 $105,100
2023 $5,079 $118,200 $13,100 $105,100
2022 $5,049 $118,200 $13,100 $105,100
2021 $4,944 $118,200 $13,100 $105,100
2020 $4,820 $118,200 $13,100 $105,100
2019 $4,560 $118,200 $13,100 $105,100
2018 $276 $118,200 $13,100 $105,100
2017 $4,005 $118,200 $13,100 $105,100
2016 $4,005 $118,200 $13,100 $105,100
2015 $3,376 $109,000 $13,100 $95,900
2014 -- $109,000 $13,100 $95,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC527190

Bright MLS

APN: 11-016.20-063