NOT LISTED FOR SALE

402 Welsh Hill Rd Newark, DE 19702

Estimated Value: $577,000 - $629,000

4 Beds
3.5 Baths
2,750 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 09, 2020

Last sale price $390,000 $142 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,715/month

3 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Loft
  • Great Room
  • En-Suite Primary Bedroom

About This Home

As of April 2020

Available in desirable Welsh Hill Preserve ! the Chesapeake Model. Welsh Hill Preserve is a small community of 48 homes located just minutes from the University of Delaware, I-95, Newark Charter, Christiana Hospital and Down town Newark, Home is perfect for anyone wanting to downsize and age in place. Featuring 2200 Sq ft above grade and an additional 500 sq ft finished basement. Home showcases a first floor master suite and dramatic, open floor plan with vaulted ceiling, gourmet kitchen with gas cooking, granite counter tops, 42 inch cherry cabinets and dining area , first floor owner suite with tray ceiling, walk in closet and 5 piece master bathroom, highlighting a garden tub and tiled seamless shower. The second floor has 3 additional bedrooms, a loft area and full bathroom. The finished basement features a workout area, projection room or additional bedroom plus a full bathroom. This home is dual zoned for efficiency, has a large 14 x 16 composite deck and composite fenced back yard. Only 8 years old the owner is including the washer, dryer, refrigerator, nest thermostat, water conditioning system, projector and screen. Home is available and easy to show. Motivated seller!

Last Agent to Sell the Property

Mary Kate Johnston

RE/MAX Associates - Newark Listed on: 02/11/2020

RE/MAX Associates - Newark

Last Buyer's Agent

Mary Kate Johnston

RE/MAX Associates - Newark Listed on: 02/11/2020

RE/MAX Associates - Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 2010

Lot Details

  • 10,454 Sq Ft Lot
  • East Facing Home
  • Stone Retaining Walls
  • Extensive Hardscape

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,750 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Great Room
  • Loft
  • Bonus Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • No Septic System

Community Details

  • Welsh Hill Preserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-012.20-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,000

Year Built

Built in 2010

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Washer, dryer, refrigerator, projection camera and screen, water conditioner
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2010
  • Remarks Public: Available in desirable Welsh Hill Preserve ! the Chesapeake Model. Welsh Hill Preserve is a small community of 48 homes located just minutes from the University of Delaware, I-95, Newark Charter, Christiana Hospital and Down town Newark, Home is perfect for anyone wanting to downsize and age in place. Featuring 2200 Sq ft above grade and an additional 500 sq ft finished basement. Home showcases a first floor master suite and dramatic, open floor plan with vaulted ceiling, gourmet kitchen with gas cooking, granite counter tops, 42 inch cherry cabinets and dining area , first floor owner suite with tray ceiling, walk in closet and 5 piece master bathroom, highlighting a garden tub and tiled seamless shower. The second floor has 3 additional bedrooms, a loft area and full bathroom. The finished basement features a workout area, projection room or additional bedroom plus a full bathroom. This home is dual zoned for efficiency, has a large 14 x 16 composite deck and composite fenced back yard. Only 8 years old the owner is including the washer, dryer, refrigerator, nest thermostat, water conditioning system, projector and screen. Home is available and easy to show. Motivated seller!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement, Great Room, Loft, Bonus Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2750
  • Living Area Sq Ft: 2750
  • Price Per Sq Ft: 143.60
  • Above Grade Finished Sq Ft: 2750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • 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: Brick, Vinyl Siding, Aluminum Siding
  • Exterior Features: Street Lights, Extensive Hardscape, Sidewalks, Stone Retaining Walls
  • 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 - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Zoned, Programmable Thermostat, Forced Air, Central
  • Heating: Yes
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 475.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5577966
  • Tax Annual Amount: 3000.00
  • Assessor Parcel Number: 11-012.20-031
  • Tax Year: 2019
  • Close Date: 04/09/2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Mar 20, 2020
Sold by
Cherukuri Shree P
Bought by
Arora Krishan Kumar
Seller's Agent
Mary Kate Johnston
RE/MAX Associates - Newark
Buyer's Agent
Mary Kate Johnston
RE/MAX Associates - Newark
List Price
$394,900
Sold Price
$390,000
Premium/Discount to List
-$4,900
-1.24%
Current Estimated Value
$604,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,756
Avg. Annual Appreciation
8.50%
Original Mortgage
$382,936
Outstanding Balance
$339,334
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$265,422

Purchase Details

Closed on
May 19, 2011
Sold by
Empire Construction Co
Bought by
Cherukuri Shree P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.88%
Mortgage Type
New Conventional
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
Arora Krishan Kumar $390,000 Guaranteed Rate Inc
Cherukuri Shree P $355,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arora Krishan Kumar $11,789
Closed Arora Krishan Kumar $16,336
Closed Arora Krishan Kumar $19,162
Open Arora Krishan Kumar $382,936
Previous Owner Cherukuri Shree P $276,000
Previous Owner Cherukuri Shree P $284,000
Previous Owner Empire Construction Co $5,720,000
Previous Owner Empire Construction Co $205,752
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2020 04/09/20 Sold $390,000 -1.2% $142 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $394,900 -- $144 / 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 $4,559 $103,600 $13,200 $90,400
2023 $4,452 $103,600 $13,200 $90,400
2022 $4,426 $103,600 $13,200 $90,400
2021 $4,333 $103,600 $13,200 $90,400
2020 $4,224 $103,600 $13,200 $90,400
2019 $3,994 $103,600 $13,200 $90,400
2018 $172 $103,600 $13,200 $90,400
2017 $3,510 $103,600 $13,200 $90,400
2016 $3,510 $103,600 $13,200 $90,400
2015 $3,209 $103,600 $13,200 $90,400
2014 $2,986 $96,000 $13,200 $82,800
Source: Public Records

Agents Affiliated with this Home

  • Mary Kate Johnston

    Seller's Agent in 2020

    Mary Kate Johnston

    RE/MAX

    (302) 388-5654

    15 in this area

    152 Total Sales

    Mary Kate Johnston
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Map

Source: Bright MLS

MLS Number: DENC494976

Bright MLS

APN: 11-012.20-031

Delaware New Castle County Newark 19702

402 Welsh Hill Rd, Newark, DE

This home is located at 402 Welsh Hill Rd, Newark, DE 19702 since 11 February 2020 and is currently estimated at $604,756, approximately $219 per square foot. This property was built in 2010. 402 Welsh Hill Rd is a home located in New Castle County with nearby schools including West Park Place Elementary School, Gauger-Cobbs Middle School, and Glasgow High School.

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