NOT LISTED FOR SALE

405 Preakness Run Newark, DE 19702

Estimated Value: $566,000 - $622,000

4 Beds
2.5 Baths
3,250 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 15, 2014

Last sale price $335,000 $103 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,438/month

7 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • 1 Fireplace
  • Colonial Architecture
  • Wood Flooring
  • Butlers Pantry

About This Home

As of June 2014

Welcome home to this exquisite and beautifully maintained colonial home in desirable Old Post Farm. This lovely home features four spacious bedrooms, 2.1 bathrooms, a fully finished basement, and tasteful, neutral decor throughout. Upon entry you will notice the refinished hardwood floors and the brand new carpeting which is throughout the home. Downstairs you will find the elegant living room and inviting family room - complete with a fireplace. The gourmet kitchen features granite counter tops, island work space/breakfast bar, and brand new stainless steel appliances. Enjoy your meals in the large, elegant dining room featuring plenty of natural lighting. Kitchen opens up to a morning room with large windows overlooking the rear yard. Upstairs, you will find four spacious bedrooms including the master bedroom with luxurious bathroom featuring granite counter tops, soaking tub, and separate shower. The additional three bedrooms are generously sized and feature ample closet space. The full basement is completely finished and features a home gym with brand new flooring and a media/theater room - perfect for relaxing or entertaining! The back yard is large and features a beautiful, custom designed in-ground pool for you to enjoy in the upcoming summer months! This home is located conveniently close to major routes, shopping, entertainment, and is a short drive to UD. Add this home to your tour today - you don't want to miss this beauty!

Last Agent to Sell the Property

Kathy McNally

(302) 218-6890 kathymcnally@c21gk.com Century 21 Gold Key Realty License #TREND:4014319 Listed on: 04/24/2014

Century 21 Gold Key Realty

Last Buyer's Agent

Christina Lee

(443) 350-2515 benefi@verizon.net Coldwell Banker Rowley Realtors License #RS324146

Coldwell Banker Rowley Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,659

Year Built

  • Built in 2000

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned NC21

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,250 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, snow removal
  • Old Post Farm Subdivision

Listing and Financial Details

  • Tax Lot 051
  • Assessor Parcel Number 11-016.40-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,659

Year Built

Built in 2000

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Window Treatments, Personal Property
  • Inclusions: W/D, Refrig, Ceiling Fans, Speakers, Receiver Negotiable
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2000
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3250
  • Living Area Sq Ft: 3250
  • Net Sq Ft: 3250.00
  • Price Per Sq Ft: 107.66
  • Above Grade Finished Sq Ft: 3250
  • 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: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Pool Features: 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
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 210.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 79500.00
  • Land Assessed Value: 13100.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.23
  • Lot Dimensions: 80X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2338338
  • Tax Annual Amount: 2659.00
  • Assessor Parcel Number: 11-016.40-051
  • Tax Lot: 051
  • Tax Year: 2013

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2014
Closed on
Jun 11, 2014
Sold by
Hunter Jason and Nelson Christine
Bought by
Parmar Rishabh and Pandey Sirin
Seller's Agent
Kathy McNally
Century 21 Gold Key Realty
Buyer's Agent
Christina Lee
Coldwell Banker Rowley Realtors
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Current Estimated Value
$587,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,475
Avg. Annual Appreciation
5.01%
Original Mortgage
$284,750
Outstanding Balance
$207,455
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$380,020

Purchase Details

Closed on
Apr 28, 2010
Sold by
Wells Fargo Bank Na
Bought by
Hunter Jason and Nelson Christine

Purchase Details

Closed on
Feb 9, 2009
Sold by
Panichelli Nelson A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 20, 2003
Sold by
Friedel Joanne M
Bought by
Panichelli Nelson A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
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
Parmar Rishabh $251,250 Kirsh Title Services Inc
Hunter Jason $210,000 None Available
Wells Fargo Bank Na $220,000 None Available
Panichelli Nelson A $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parmar Rishabh $284,750
Previous Owner Panichelli Nelson A $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2014 06/15/14 Sold $335,000 -4.3% $103 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $349,900 -- $108 / 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 $4,069 $92,600 $13,100 $79,500
2023 $3,963 $92,600 $13,100 $79,500
2022 $3,935 $92,600 $13,100 $79,500
2021 $3,851 $92,600 $13,100 $79,500
2020 $3,745 $92,600 $13,100 $79,500
2019 $3,848 $92,600 $13,100 $79,500
2018 $3,247 $92,600 $13,100 $79,500
2017 $3,136 $92,600 $13,100 $79,500
2016 $3,111 $92,600 $13,100 $79,500
2015 $2,845 $92,600 $13,100 $79,500
2014 $2,847 $92,600 $13,100 $79,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002896410

Bright MLS

APN: 11-016.40-051