NOT LISTED FOR SALE

424 Arrowood Ln Newark, DE 19702

Estimated Value: $498,000 - $559,000

4 Beds
2.5 Baths
2,300 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $365,000 $159 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,083/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Upgraded Countertops
  • Stainless Steel Appliances
  • Marshall (Thurgood) Elementary School Rated A-
  • Formal Dining Room
  • 2 Car Direct Access Garage

About This Home

As of May 2020

This impeccable home in the desirable neighborhood of Timber Farms is loaded with recent upgrades. The 4 bedroom, 2.5 bath colonial sits on a premium lot with a beautiful back yard, manicured lawn and plenty of mature shade trees. You cannot beat the location, just 2 miles from both I-95 and Rt 1, and close to the Christiana Mall and Christiana Hospital. Thurgood Marshall Elementary School is just 1 mile away, and you are within the 5 mile radius of Newark Charter School. See the video tour at https://vimeo.com/412211717. As you enter the center hallway, you will notice the 9 foot ceilings throughout the spacious first floor, with dining room to the left and living room/study to the right. At the back of the house is the recently renovated kitchen, with ceramic tile flooring, granite counter tops, tile backsplash, and updated stainless steel appliances. The tile flooring extends through the kitchen to the powder room. The other side of the kitchen opens to the large family room with fireplace and bay window. You will love the 18 ft X 15 ft screened porch that you access through the large french doors just off the eat-in kitchen. Sit and enjoy your morning coffee, as you overlook the shaded premium lot and enjoy the local birds and other wildlife. Electric outlets and a vaulted ceiling with ceiling fan will make this porch a favorite relaxing and gathering space for many months of the year. Off this porch is the spacious EP Henry patio and curved stone wall, with timed accent lights, making this outdoor area a perfect space for barbecuing or enjoying a fire on a cool night. Upstairs you will find the four bedrooms and center hall bath with upgraded tiled floor and brushed nickel fixtures. The spacious master bedroom has a tray ceiling with ceiling fan and gigantic 11 ft X 7 ft walk-in closet. The master bath is also impressive with its cathedral ceiling, skylight with custom blinds, two person Jacuzzi, tiled shower and even a laundry chute that deposits your clothes into the first floor laundry room below. The full unfinished basement with poured concrete walls provides plenty of storage, as well as the floor to ceiling storage shelves in the 2 car garage. The many recent house upgrades include a new architectural shingle roof with transferable warranty (2018), all new PEX plumbing throughout house (2018), and new Rheem natural gas heating and air conditioning system (2019). Owner is a licensed RE agent. Make this your new home today!

Last Agent to Sell the Property

Patrick Kilgore

(302) 299-1100 pkilgore@kw.com Keller Williams Realty Wilmington License #RS-0023235 Listed on: 04/27/2020

Keller Williams Realty Wilmington

Last Buyer's Agent

Terry Mulkins

(302) 733-7000 ccashman@psre.com Patterson-Schwartz-Newark

Patterson-Schwartz-Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,516

Year Built

  • Built in 1995

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100.20 x 178.70
  • Property is in good condition
  • Property is zoned NC6.5

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 2 Levels
  • Chair Railings
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer
  • Laundry Chute

Outdoor Features

  • Screened Patio
  • Porch

Schools

  • Marshall Elementary School
  • Kirk Middle School
  • Christiana High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, snow removal
  • Timber Farms Maintenance Corp HOA, Phone Number (302) 737-0515
  • Timber Farms Subdivision

Listing and Financial Details

  • Tax Lot 431
  • Assessor Parcel Number 09-038.10-431

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,516

Year Built

Built in 1995

Lot Details

0.29 Acres

HOA Fees

$14 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Office furniture, valences in front room
  • Inclusions: Kitchen refrigerator, spare refrigerator in laundry room, washer, dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1995
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Chair Railings, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Laundry Chute, Primary Bath(s), Skylight(s), Upgraded Countertops, Tub Shower, Stall Shower, Walk-In Closet(s)
  • Window Features: Double Pane
  • Fireplace Features: Fireplace - Glass Doors, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Basement Footprint Percent: 100.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 158.70
  • Above Grade Finished Sq Ft: 2300
  • 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
  • Construction Materials: Vinyl Siding
  • Roof: Architectural 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
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 165.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA Name: TIMBER FARMS MAINTENANCE CORP
  • HOA Phone: 302-737-0515
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: MARSHALL
  • High School: CHRISTIANA
  • Middle Or Junior School: KIRK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 84300.00
  • Land Assessed Value: 16700.00
  • Lot Size Acres: 0.29
  • Lot Dimensions: 100.20 x 178.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Outdoor Living Structures: Porch(es), Screened
  • Property Condition: Good
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2303478
  • School Tax: 2683.00
  • Tax Annual Amount: 3516.00
  • Assessor Parcel Number: 09-038.10-431
  • Tax Lot: 431
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
May 28, 2020
Sold by
Kilgore Patrick and Kilgore Rita M
Bought by
Patel Keyurkumar D and Patel Chetna
Seller's Agent
Patrick Kilgore
Keller Williams Realty Wilmington
Buyer's Agent
Terry Mulkins
Patterson-Schwartz-Newark
List Price
$360,000
Sold Price
$365,000
Premium/Discount to List
$5,000
1.39%
Current Estimated Value
$523,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,925
Avg. Annual Appreciation
6.52%
Original Mortgage
$292,001
Outstanding Balance
$259,319
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$264,606

Purchase Details

Closed on
May 26, 1995
Bought by
Kilgore Patrick and Kilgore Rita M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Keyurkumar D $365,001 Kirsh Title Services Inc
Kilgore Patrick $171,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Keyurkumar D $292,001
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $365,000 0.0% $159 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $365,000 0.0% $159 / Sq Ft
04/29/2020 04/29/20 Off Market $365,000 -- --
04/27/2020 04/27/20 For Sale $360,000 -- $157 / Sq Ft
Source: Bright MLS

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 $4,438 $101,000 $16,700 $84,300
2023 $4,322 $101,000 $16,700 $84,300
2022 $4,292 $101,000 $16,700 $84,300
2021 $4,201 $101,000 $16,700 $84,300
2020 $4,085 $101,000 $16,700 $84,300
2019 $3,867 $101,000 $16,700 $84,300
2018 $241 $101,000 $16,700 $84,300
2017 $3,394 $101,000 $16,700 $84,300
2016 $3,394 $101,000 $16,700 $84,300
2015 $3,103 $101,000 $16,700 $84,300
2014 $3,105 $101,000 $16,700 $84,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC500230

Bright MLS

APN: 09-038.10-431

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