NOT LISTED FOR SALE

41 Somerset Ln Newark, DE 19711

Estimated Value: $730,709 - $784,000

4 Beds
3.5 Baths
3,175 Sq Ft
$235/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $439,900 $139 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,531/month

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • Whirlpool Bathtub
  • Deck
  • Wood Flooring
  • Attic

About This Home

As of October 2017

Meticulously maintained 2 Story Colonial Home in Cotswold Hills. The Exterior is maintenance free and features new driveway in front and a huge Trex deck along the rear of property. Relax on the deck and enjoy your large private rear yard. Inside you enter into a 2 story foyer with hardwood floors and open staircase. Formal dining with chair rail, crown moldings and hardwood floors. The Large Eat-in Kitchen with Granite Counter Tops, New Floors and Stainless Appliances. The Living Room and has new carpets, fresh paint and plenty of light. Family Room features a Marble Fireplace and Cathedral Ceilings and is open to the Kitchen. First floor also features a Powder Room , Laundry Room and Home Office. On the Second floor you will find 4 Generous Size Bedrooms. Master Bedroom has Custom Closets inside the Walk Ins. The Master Bath features Large Shower, Soaking Tub, Tile Floors and Double Sink. New Carpets and Fresh Paint throughout Second Floor. The Basement is Finished with an Exercise Room, Game Room, Media Area with Wet Bar and Full Bath. This Lower Level would also make a Great In-Law Suite.

Last Agent to Sell the Property

BILL LYONS JR

(302) 898-8084 bill@thelyonsteamre.com Crown Homes Real Estate License #RB-0003122 Listed on: 09/01/2017

Co-Listed By

John Lyons

(302) 824-3246 john@thelyonsteamre.com Crown Homes Real Estate License #RS338827

Last Buyer's Agent

Deborah Phipps

(302) 737-6434 debsphipps@gmail.com Empower Real Estate, LLC License #RS-0010031

Empower Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,485

Year Built

  • Built in 1994

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 80x236
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned NC21

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

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

Interior Spaces

  • 3,175 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Marble Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Workshop
  • Attic

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Deck

Community Details

  • Association fees include common area maintenance, snow removal
  • Cotswold Hills Subdivision

Listing and Financial Details

  • Tax Lot 063
  • Assessor Parcel Number 08-029.20-063

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,485

Year Built

Built in 1994

Lot Details

0

HOA Fees

$9 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1994
  • Remarks Public: Meticulously maintained 2 Story Colonial Home in Cotswold Hills. The Exterior is maintenance free and features new driveway in front and a huge Trex deck along the rear of property. Relax on the deck and enjoy your large private rear yard. Inside you enter into a 2 story foyer with hardwood floors and open staircase. Formal dining with chair rail, crown moldings and hardwood floors. The Large Eat-in Kitchen with Granite Counter Tops, New Floors and Stainless Appliances. The Living Room and has new carpets, fresh paint and plenty of light. Family Room features a Marble Fireplace and Cathedral Ceilings and is open to the Kitchen. First floor also features a Powder Room , Laundry Room and Home Office. On the Second floor you will find 4 Generous Size Bedrooms. Master Bedroom has Custom Closets inside the Walk Ins. The Master Bath features Large Shower, Soaking Tub, Tile Floors and Double Sink. New Carpets and Fresh Paint throughout Second Floor. The Basement is Finished with an Exercise Room, Game Room, Media Area with Wet Bar and Full Bath. This Lower Level would also make a Great In-Law Suite.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Whirlpool/Hottub, Wet/Dry Bar, Stall Shower, Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace Features: Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry, Workshop, Attic
  • Basement: Yes
  • Basement Type: Full, Drainage System, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3175
  • Living Area Sq Ft: 3175
  • Net Sq Ft: 3175.00
  • Price Per Sq Ft: 138.55
  • Above Grade Finished Sq Ft: 3175
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 41

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Access To Pool: No
  • Exterior Features: Street Lights
  • Roof: Pitched, Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 110.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 109100.00
  • Land Assessed Value: 28400.00
  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.54
  • Lot Dimensions: 80X236
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23522.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2273746
  • Tax Annual Amount: 4485.00
  • Assessor Parcel Number: 08-029.20-063
  • Tax Lot: 063
  • Tax Year: 2016
  • Close Date: 10/12/2017

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 12, 2017
Sold by
Wilson Bret D and Swain Melinda
Bought by
Pyne Martin J and Pyne Annmarie
Seller's Agent
BILL LYONS JR
Crown Homes Real Estate
Buyer's Agent
Deborah Phipps
Empower Real Estate, LLC
List Price
$439,900
Sold Price
$439,900
Current Estimated Value
$747,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,527
Avg. Annual Appreciation
6.88%
Original Mortgage
$250,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 1998
Bought by
Wilson Bret D and Swain Melinda
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
Pyne Martin J -- None Available
Wilson Bret D $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pyne Martin J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $439,900 0.0% $139 / Sq Ft
09/02/2017 09/02/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $439,900 -- $139 / 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 $6,706 $152,600 $28,400 $124,200
2023 $6,531 $152,600 $28,400 $124,200
2022 $6,485 $152,600 $28,400 $124,200
2021 $5,656 $152,600 $28,400 $124,200
2020 $5,656 $152,600 $28,400 $124,200
2019 $5,656 $152,600 $28,400 $124,200
2018 $5,351 $152,600 $28,400 $124,200
2017 $4,656 $137,500 $28,400 $109,100
2016 $4,620 $137,500 $28,400 $109,100
2015 $4,224 $137,500 $28,400 $109,100
2014 $4,227 $137,500 $28,400 $109,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000447543

Bright MLS

APN: 08-029.20-063