NOT LISTED FOR SALE

403 W Chestnut Hill Rd Newark, DE 19713

Estimated Value: $539,000 - $714,000

4 Beds
2.5 Baths
3,731 Sq Ft
$174/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $490,000 $131 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,888/month

Highlights

  • In Ground Pool
  • Deck
  • Cathedral Ceiling
  • 4.4 Acre Lot
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of January 2019

This amazing 1955 Frank Lloyd Wright style 4br/2.5ba home,boasting loads of oversized windows offering picturesque views of the 4.4 acre lot & the uniquely designed open-floor plan w/ over 3700 sq ft of living space is ready for its new owner! All new multi-tiered trex decking across front,3 car garage,Redwood siding,dimensional roof & custom landscapes create a beautiful 1st impression! Spacious Foyer entry w/ open view of greenhouse rm (w/ water source),custom HW fls & natural wood decor throughout. Straight ahead is the massive Living Rm w/ cathedral ceiling,updated floor-to-ceiling stone FP,custom built-in shelving,great natural light & simply amazing views of the park like rear setting including in-ground pool,pond,hot tub & huge brick patio all overlooking acres of natural beauty! The formal DR features custom built-ins & cabinet storage,cathedral ceiling,a pass-thru counter opening to the Kitchen & sliding doors out to the updated stamped-concrete patio w/ walkways to both the garage & rear as well as beautiful views of the garden & landscape. The lg Kitchen features tile floors,tons of counter space,solid wood cabinets & 7 custom pantry closets,long center island w/ seating,recessed lighting,casement & picture windows,dining area & convenient inside garage access. All 3 main fl Brs/full baths are on the opposite side of the home for privacy! The Master suite starts w/ a full wall of custom built-in closet storage opposite the fully renovated Master Ba featuring wood-look tile fls,glass shower w/ floor-to-ceiling tile,built-in shelves,stone fl & trackless glass door,fresh paint & beautiful quartz topped vanity w/ loads of storage! The Master Br offers neutral decor,HW fls,great natural light,nook storage area & single closet. Brs 2&3 each feature fresh paint,neutral carpet & amazing rear views. Heading downstairs notice the glass brick feature & tiled foyer leading to the 2013 updated Family/Game Rm complete w/ brick wall gas FP & built-ins,recessed lights,custom bar w/ glass tile wall & tile flooring,casement windows & sliders to the new privacy fenced area for brick patio,renovated & heated pool,hot tub,custom pond & stone landscape! The updated Powder Rm has J/J access to Br 4(currently set up as an exercise rm) w/ private rear entry,great natural light,fresh paint,new carpet & adjoining Office creating an optional In-Law suite! 2 big unfin storage rms,laundry & changing rm round off LL. Conveniently close to UD & I-95! See it! Love it! Buy it!

Last Agent to Sell the Property

Team Freebery

(302) 420-8606 SOLD@TEAMFREEBERY.com EXP Realty, LLC License #R3-0017962 Listed on: 11/26/2018

EXP Realty, LLC

Last Buyer's Agent

Raymond Petkevis

(302) 685-4042 raypetkevis@gmail.com Keller Williams Delaware

Keller Williams Delaware

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,503

Year Built

  • Built in 1955

Lot Details

  • 4.4 Acre Lot
  • Lot Dimensions are 379x588
  • Back, Front, and Side Yard

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Contemporary Architecture
  • Rambler Architecture
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 1 Level
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Brick Fireplace
  • Gas Fireplace
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • Whirlpool Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 045
  • Assessor Parcel Number 11-008.00-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,503

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: See List In Disclosure Docs
  • Inclusions: See List In Disclosure Docs
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Double, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Whirlpool/Hottub, Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace Features: Brick, Stone, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 3731
  • Living Area Sq Ft: 3731
  • Net Sq Ft: 3731.00
  • Price Per Sq Ft: 214.41
  • Above Grade Finished Sq Ft: 2332
  • Below Grade Finished Sq Ft: 1399
  • Total Below Grade Sq Ft: 1399
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: WEST PARK PLACE
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Improvement Assessed Value: 101100.00
  • Land Assessed Value: 36600.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 4.40
  • Lot Dimensions: 379X588
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 191664.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Zoning: S
  • In City Limits: No

Green Features

  • Green Remarks: 2009 upgraded 200 amp elec service; 2010 upgraded windows,new soffits & fascia,upgraded powder room,new stone front FP, new circuit board for Hot tub; 2012 fully renovated heated in-ground pool & new circulation pump for hot tub; 2013 new stamped concrete

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2335838
  • Tax Annual Amount: 4503.00
  • Assessor Parcel Number: 11-008.00-045
  • Tax Lot: 045
  • Tax Year: 2017

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2018
Closed on
Jan 24, 2019
Sold by
Class William S and Class Robin L
Bought by
Silk Kami
Seller's Agent
Team Freebery
EXP Realty, LLC
Buyer's Agent
Raymond Petkevis
Keller Williams Delaware
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Current Estimated Value
$649,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,481
Avg. Annual Appreciation
4.26%
Original Mortgage
$300,000
Outstanding Balance
$263,223
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$386,258

Purchase Details

Closed on
Jan 2, 2009
Sold by
Smith Michael J and Bashore Smith Brooke
Bought by
Class William S and Class Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2003
Sold by
Harris Mark and Harris Kathryn P
Bought by
Smith Michael J and Bashore Smith Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Silk Kami -- None Available
Class William S $450,000 None Available
Smith Michael J $439,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silk Kami $300,000
Previous Owner Class William S $270,000
Previous Owner Smith Michael J $322,700
Closed Smith Michael J $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2019 01/24/19 Sold $490,000 -2.0% $131 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $500,000 -- $134 / 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 $5,863 $137,700 $36,600 $101,100
2023 $5,703 $137,700 $36,600 $101,100
2022 $5,690 $137,700 $36,600 $101,100
2021 $5,570 $137,700 $36,600 $101,100
2020 $5,425 $137,700 $36,600 $101,100
2019 $4,794 $137,700 $36,600 $101,100
2018 $4,668 $137,700 $36,600 $101,100
2017 $4,492 $137,700 $36,600 $101,100
2016 $4,492 $137,700 $36,600 $101,100
2015 $4,092 $137,700 $36,600 $101,100
2014 $4,090 $137,700 $36,600 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC167900

Bright MLS

APN: 11-008.00-045