NOT LISTED FOR SALE

403 Wesley Dr Newark, DE 19711

Estimated Value: $672,000 - $742,000

4 Beds
2.5 Baths
4,075 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $606,000 $149 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,149/month

3 Days on Market

Highlights

  • Cabana
  • Eat-In Gourmet Kitchen
  • Private Lot
  • North Star Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of June 2022

This charming and well-appointed colonial in Lambeth Riding comes with endless features including a prime location on a private street in a well-established neighborhood, spacious .93 lot, well-designed 3,175 sq. ft. floor plan great for gatherings, custom in-ground pool with professionally-installed hardscaping and fencing, updated custom kitchen with high-end appliances, 2-story addition constructed in 1996, and a new roof in 2020. A quiet sanctuary unto its own, this home is one of 3 houses on Wesley Drive and sits back in the heart of Lambeth Riding. With well-established landscaping and ample space between neighbors, privacy abounds throughout this large lot, making the heated, salt water, in-ground pool with lights and a graduated step-in the perfect oasis in the summer months. The pool area is also equipped with a spacious pool house, outdoor shower, and private changing area. Slate floors and a spacious foyer welcome you into the home and provide entry to the custom KraftMaid kitchen, updated in 2015. Equipped with an oversized custom farmhouse sink, 6-burner Wolff gas range, granite countertops, coffee bar, custom cabinetry, and a 7-foot long custom island with seating for 6, this gourmet kitchen was made for entertaining. In the winter months, the wood burning fireplace makes the perfect backdrop for all of your gatherings. The kitchen opens to a large year-round sunroom, enjoying a view of the pool and access to a covered, hardscaped patio for grilling and al fresco dining. The first floor also offers a spacious formal dining room, which looks out to the custom covered patio, and a formal living room, which can also make the perfect office space for the working professional. A half bath sits off of the first floor laundry room, which provides direct access to the spacious 2-car garage. The second level features a master suite with the 1996 addition expanding the master bath, which includes double sinks, a walk-in shower, and a jetted bathtub, and a second walk-in closet, which spans the length of the addition. Three large bedrooms, each with ample closet space, complete the second level along with a full bath and linen closet. Site-finished hardwood floors run throughout most of the home on the 1st and 2nd levels. The finished lower level provides approximately 900 square feet of finished space and includes a pool table, making it the perfect space for hang outs, movie nights or play time. Amenities abound at this must-see home with its prime location, desirable Red Clay School District feeder, and close proximity to Woodside Creamery!!

Last Agent to Sell the Property

Judith Levy

(302) 351-1500 judy.levy@lnf.com Long & Foster Real Estate, Inc. Listed on: 05/23/2022

Long & Foster Real Estate, Inc.

Co-Listed By

Gail Frederick

(302) 373-7888 gail@levyhomesgroup.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

James Barone

(302) 530-9660 jimbarone2@cs.com RE/MAX Elite License #RS169079L

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,960

Year Built

  • Built in 1981

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 180.00 x 220.00
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Level Lot
  • Back, Front, and Side Yard
  • Property is zoned NC21

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 6 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • 1 Fireplace
  • Double Hung Windows
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Finished Basement
  • Sump Pump
  • Storm Doors
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Pool

  • Cabana
  • Heated In Ground Pool
  • Saltwater Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Schools

  • North Star Elementary School
  • Dupont H Middle School
  • Dickinson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Electric Water Heater
  • On Site Septic

Community Details

  • Lambeth Riding Subdivision

Listing and Financial Details

  • Tax Lot 026
  • Assessor Parcel Number 08-018.30-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,960

Year Built

Built in 1981

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Inclusions-Exclusions List - Washer/Dryer
  • Home Warranty: No
  • Inclusions: See Inclusions-Exclusions List - Pool Table, Refrigerator, Pool & Fireplace Equipment
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Range Hood, Exhaust Fan, Icemaker, Refrigerator, Dishwasher, Disposal, Microwave, Oven - Self Cleaning, Oven - Single, Water Heater
  • Flooring Type: Carpet, Hardwood, Ceramic Tile, Slate
  • Interior Amenities: Window Treatments, Kitchen - Gourmet, Kitchen - Island, Kitchen - Eat-In, Attic, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower, Walk-In Closet(s)
  • Window Features: Double Hung
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings, Beamed Ceilings
  • Foundation Details: Permanent
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Sun/Florida Room, Laundry
  • Basement: Yes
  • Basement Type: Fully Finished, Sump Pump
  • Laundry Type: Main Floor
  • Total Sq Ft: 4075
  • Living Area Sq Ft: 4075
  • Price Per Sq Ft: 185.51
  • Above Grade Finished Sq Ft: 3175
  • Below Grade Finished Sq Ft: 900
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Cabana/Pool House, Shed
  • Construction Materials: Brick, Stucco, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outside Shower
  • Pool Features: Saltwater, Fenced, Heated, In Ground
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: NORTH STAR
  • High School: DICKINSON
  • Middle Or Junior School: DUPONT H

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 114900.00
  • Land Assessed Value: 35500.00
  • Lot Features: Front Yard, Landscaping, Level, Private, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.93
  • Lot Dimensions: 180.00 x 220.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40511.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2268748
  • School Tax: 3711.00
  • Tax Annual Amount: 4960.00
  • Assessor Parcel Number: 08-018.30-026
  • Tax Lot: 026
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jun 29, 2022
Sold by
David G Bakerian Revocable Trust
Bought by
Deconde Arsene and De Conde Ashley
Seller's Agent
Judith Levy
Long & Foster Real Estate, Inc.
Buyer's Agent
James Barone
RE/MAX Elite
List Price
$589,000
Sold Price
$606,000
Premium/Discount to List
$17,000
2.89%
Current Estimated Value
$704,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,964
Avg. Annual Appreciation
4.30%
Original Mortgage
$424,200
Outstanding Balance
$403,578
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$301,386

Purchase Details

Closed on
Nov 8, 2019
Sold by
Kempista Catherine B and Estate Of David G Bakerian
Bought by
David G Bakerian Revocable Trust

Purchase Details

Closed on
Jul 1, 2009
Sold by
Bakerian David G
Bought by
Bakerian David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deconde Arsene -- Giordano Delcollo Werb & Gagne
David G Bakerian Revocable Trust -- None Available
Bakerian David G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deconde Arsene $424,200
Previous Owner Bakerian David G $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2022 06/29/22 Sold $606,000 +2.9% $149 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $589,000 -- $145 / 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 $5,762 $150,400 $35,500 $114,900
2023 $5,110 $150,400 $35,500 $114,900
2022 $5,138 $150,400 $35,500 $114,900
2021 $5,132 $150,400 $35,500 $114,900
2020 $5,134 $150,400 $35,500 $114,900
2019 $5,127 $150,400 $35,500 $114,900
2018 $4,645 $150,400 $35,500 $114,900
2017 $4,242 $150,400 $35,500 $114,900
2016 $4,242 $150,400 $35,500 $114,900
2015 $4,456 $150,400 $35,500 $114,900
2014 $4,140 $150,400 $35,500 $114,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2024182

Bright MLS

APN: 08-018.30-026