NOT LISTED FOR SALE

Estimated Value: $600,605 - $699,000

5 Beds
3.5 Baths
4,246 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 27, 2021

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

Est. 26% increase in value since last sale

Current estimated payment $4,045/month

26 Days on Market

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 Listed By

Donna Perri

VRA Realty License #RS322259 Listed on: 05/29/2021

VRA Realty

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%
Total Days on Market
26
Current Estimated Value
$644,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,151
Avg. Annual Appreciation
6.44%
Original Mortgage
$408,000
Outstanding Balance
$375,272
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$268,879

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in the area

  • 460 Welsh Hill Rd, Newark, DE 19702

    $575,000

    • 4 Beds
    • 3 Baths
    • 3,478 Sq Ft
    • 460 Welsh Hill Rd
    • Newark, DE

    Welcome to this beautifully updated and meticulously maintained 4-bedroom, 3-bath ranch-style home, where modern elegance meets everyday comfort in a spacious, light-filled layout. From the moment you step inside, you're greeted by rich hardwood floors that flow gracefully throughout the main level, setting the tone for the sophisticated charm found throughout the home. The heart of the home is

    Rakan Abuzahra Keller Williams Realty Wilmington

    Section Image
  • 4 Michael Townsend Ct, Newark, DE 19702

    $725,000

    • 4 Beds
    • 4 Baths
    • 4,575 Sq Ft
    • 4 Michael Townsend Ct
    • Newark, DE

    Welcome to this lovely turn-key home in Preserve at Lafayette! This large Oxford model has four bedrooms & four full bathrooms, making this home everything a discerning buyer could ask for! Located on a quiet cul-de-sac, this lot has the privacy you're looking for! As you enter into the welcoming 2 story foyer, you'll notice that hardwood floors grace most of the main level. The traditional

    Lauri Brockson Patterson-Schwartz-Newark

    Section Image
  • 105 Christina Louise Ct, Newark, DE 19702

    $499,000

    • 4 Beds
    • 3.5 Baths
    • 3,025 Sq Ft
    • 105 Christina Louise Ct
    • Newark, DE

    HIGHEST AND BEST BY TUESDAY, 5/6/25 AT 10AM.Welcome to this expansive two-story home offering over-the-top space and possibilities! Located in the desirable community of the Preserves at Lafayette Hill in Newark, this home features 4 generously sized bedrooms, 3.5 baths, and a partially finished walk-out basement. This property is ideal for those seeking room to grow and make a home their

    Teresa Foster VRA Realty

    Section Image
  • 1776 Brigade Ct, Newark, DE 19702

    $599,900

    • 5 Beds
    • 3.5 Baths
    • 2,887 Sq Ft
    • 1776 Brigade Ct
    • Newark, DE

    Welcome to The Enclave at Cooches Bridge, a serene neighborhood of just 14 homes nestled in a quiet cul-de-sac. This rare find on a .35 acre lot backs to hundreds of acres of lush open space and wooded areas, offering ultimate privacy and natural beauty. Conveniently located off Old Cooches Bridge Rd, this home provides easy access to major routes, entertainment, and more. This home is also

    Stephen Mervine RE/MAX Associates-Hockessin

    Section Image
  • 30 Stardust Dr, Newark, DE 19702

    $499,000

    • 3 Beds
    • 3 Baths
    • 2,250 Sq Ft
    • 30 Stardust Dr
    • Newark, DE

    Welcome to 30 Stardust Drive, Newark, DE, a spacious Split-Level home in the highly desirable Melody Meadows Neighborhood! Located just a few miles from shopping centers, grocery stores, gas stations, restaurants, and the University of Delaware, this well-maintained home offers comfort, convenience, and versatility. This charming split-level home sits on a generous .75-acre lot, providing a

    Kelly Clark Crown Homes Real Estate

    Section Image
  • 2643 Old County Rd, Newark, DE 19702

    $575,000

    • 4 Beds
    • 3.5 Baths
    • 2,200 Sq Ft
    • 2643 Old County Rd
    • Newark, DE

    Don't miss this unique brick ranch home situated north of the canal on just over 1.5 acres with an inground pool PLUS a pond and within Appoquinimink schools. If that is not enough, there is an in-law/au-pair suite with a full bath on the opposite end of the home from the other bedrooms. The living room is large and spacious with an adjacent office/den with a Murphy bed that could be used as a

    Stephen Marcus Brokers Realty Group, LLC

    Section Image
  • 306 Basswood Dr, Newark, DE 19702

    $649,900

    • 5 Beds
    • 3 Baths
    • 3,950 Sq Ft
    • 306 Basswood Dr
    • Newark, DE

    Your dream home awaits in Timber Farms! Welcome to 306 Basswood Dr.Step into this stunning 2-story colonial-style home with a classic brick front exterior, nestled in a cul-de-sac in the highly rated Timber Farms Community in Newark. Convenience is at your doorstep, with easy access to I-95, top-rated schools, day care centers, Christiana Hospital, major shopping, and the Christiana Mall . Plus,

    Mary Kate Johnston RE/MAX Associates - Newark

    Section Image
  • 306 Sun Blvd, Bear, DE 19701

    $537,500

    • 3 Beds
    • 3.5 Baths
    • 2,775 Sq Ft
    • 306 Sun Blvd
    • Bear, DE

    Welcome to 306 Sun Blvd, a stunning single-family home that effortlessly combines elegance, comfort, and practicality. Located in a safe and desirable community of Meridian Crossing, this 3-bedroom, 3.5-bathroom property offers 2,775 square feet of beautifully designed living space. The inviting front porch provides a peaceful spot to relax and enjoy the scenic, tree-lined road, creating a

    Rajesh Veeragandham Brokers Realty Group, LLC

    Section Image
  • 506 Coriander Ct, Bear, DE 19701

    $589,900

    • 4 Beds
    • 3.5 Baths
    • 3,500 Sq Ft
    • 506 Coriander Ct
    • Bear, DE

    Welcome to this exceptional 4 bedroom, 3.5 bathroom home, featuring a rare and highly sought-after first-floor master suite! This convenient and private master retreat with high ceilings offers both comfort and luxury, with a beautifully appointed master bath with shower stall and soaking tub for a truly relaxing experience. The main floor is further enhanced by stunning hardwood floors that flow

    Don Ash Alliance Realty

    Section Image

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 $356,000
Previous Owner Cash William D $382,500
Previous Owner Basoor Chandramouli $332,000
Previous Owner Basoor Chandramouli $41,500
Previous Owner Kaplan Steven M $288,774
Previous Owner Cunane Properties Llc $1,387,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC527190

Bright MLS

APN: 11-016.20-063