NOT LISTED FOR SALE

418 Tree of Heaven Way Newark, DE 19713

Estimated Value: $602,234 - $672,000

3 Beds
2.5 Baths
3,154 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 24, 2019

Last sale price $389,990 $124 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,759/month

Highlights

  • New Construction
  • Loft
  • No HOA
  • Traditional Architecture
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of April 2019

New Construction without the wait! Delaware's #1 Home Builder is offering the only opportunity to own a spacious new twin home in a convenient Newark location near shopping, dining and I-95 and within 5 miles of Newark Charter School. Welcome to Chestnut Hill Preserve. Our COLUMBIA QUICK DELIVERY is already under construction and will be ready for you to move in as early as APRIL. This beautiful home features a smart and versatile floorplan while offering a great spacious open space. The Columbia adapts to fit your lifestyle while including amazing features such as large gourmet island, 42 White Kitchen cabinets, granite countertops, stainless steel appliances and upgraded hardwood flooring on the entire main level. The flex room can be your living room, dining room or a study. The family room featuring a gas fireplace flows into the kitchen and dining area, so you can grab a drink without missing the conversation. Weather taking a turn for the worse? The family entry protects your floors and furniture from muddy shoes and wet clothes. On the second floor, 3 bedrooms with a loft awaits. In the owner's suite, there is a huge, walk-in closet and your own luxurious bathroom featuring a Roman Shower. And as most of your clothes begin and end their day on the second floor, the laundry room is up here, too. If you need extra space? There is an INCLUDED finished basement. Don't Miss Out on this rare opportunity, call today to schedule your private tour and be one of the first homeowners to call Chestnut Hill Preserve home!

Last Agent to Sell the Property

Erik Hoferer

(302) 405-6583 erik@eriksells.com Long & Foster Real Estate, Inc. Listed on: 01/11/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Huajun Zhou

(480) 414-9438 amdazh@yahoo.com Realty Mark Cityscape License #RS-0025674

Realty Mark Cityscape

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Lot Dimensions are 125 x 94
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Loft
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Chestnut Hill Preserves Subdivision, Columbia Twin Floorplan

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,600

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2019
  • Remarks Public: New Construction without the wait! Delaware's #1 Home Builder is offering the only opportunity to own a spacious new twin home in a convenient Newark location near shopping, dining and I-95 and within 5 miles of Newark Charter School. Welcome to Chestnut Hill Preserve. Our COLUMBIA QUICK DELIVERY is already under construction and will be ready for you to move in as early as APRIL. This beautiful home features a smart and versatile floorplan while offering a great spacious open space. The Columbia adapts to fit your lifestyle while including amazing features such as large gourmet island, 42 White Kitchen cabinets, granite countertops, stainless steel appliances and upgraded hardwood flooring on the entire main level. The flex room can be your living room, dining room or a study. The family room featuring a gas fireplace flows into the kitchen and dining area, so you can grab a drink without missing the conversation. Weather taking a turn for the worse? The family entry protects your floors and furniture from muddy shoes and wet clothes. On the second floor, 3 bedrooms with a loft awaits. In the owner's suite, there is a huge, walk-in closet and your own luxurious bathroom featuring a Roman Shower. And as most of your clothes begin and end their day on the second floor, the laundry room is up here, too. If you need extra space? There is an INCLUDED finished basement. Don't Miss Out on this rare opportunity, call today to schedule your private tour and be one of the first homeowners to call Chestnut Hill Preserve home!
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Interior Amenities: Kitchen - Island, Kitchen - Eat-In, Pantry, Walk-In Closet(s), Primary Bath(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Loft
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3154
  • Living Area Sq Ft: 3154
  • Net Sq Ft: 3154.00
  • Price Per Sq Ft: 160.95
  • Above Grade Finished Sq Ft: 2423
  • Below Grade Finished Sq Ft: 731
  • Total Below Grade Sq Ft: 731
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 418

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: 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
  • Garage Features: Built In
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 125 X 94
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11841.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Green Features

  • Green Remarks: HERS <90 Cert
  • R Factor Ceilings: 49
  • R Factor Ext Walls: 15

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1600.00
  • Assessor Parcel Number: 0000
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 04/24/2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Apr 25, 2019
Sold by
Nvr Inc
Bought by
Song Yan and Wang Haoyu
Seller's Agent
Erik Hoferer
Long & Foster Real Estate, Inc.
Buyer's Agent
Huajun Zhou
Realty Mark Cityscape
List Price
$417,095
Sold Price
$389,990
Premium/Discount to List
-$27,105
-6.5%
Current Estimated Value
$637,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,819
Avg. Annual Appreciation
7.89%
Original Mortgage
$311,992
Outstanding Balance
$202,532
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$435,277

Purchase Details

Closed on
Dec 18, 2018
Sold by
Tac Chestnut Hill Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

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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
Song Yan $389,990 None Available
Nvr Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Yan $311,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2019 04/24/19 Sold $389,990 0.0% $124 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
02/12/2019 02/12/19 Price Changed $389,990 -1.5% $124 / Sq Ft
01/22/2019 01/22/19 Price Changed $396,100 -5.0% $126 / Sq Ft
01/11/2019 01/11/19 For Sale $417,095 -- $132 / 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 $4,540 $103,300 $10,400 $92,900
2023 $4,421 $103,300 $10,400 $92,900
2022 $4,390 $103,300 $10,400 $92,900
2021 $4,296 $103,300 $10,400 $92,900
2020 $576 $102,200 $10,400 $91,800
2019 $3,558 $102,200 $10,400 $91,800
2018 $176 $5,200 $5,200 $0
2017 $0 $5,200 $5,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC317626

Bright MLS

APN: 09-028.30-100