NOT LISTED FOR SALE

431 Preakness Run Newark, DE 19702

Estimated Value: $557,000 - $609,000

5 Beds
3 Baths
3,196 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $450,000 $141 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,498/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Traditional Floor Plan
  • No HOA
  • Eat-In Kitchen

About This Home

As of July 2021

Prime upgrades and park-like setting in home on Preakness Run! Nestled on fringe of Newark, where there is instant access to shops, restaurants and picturesque main street, and amid rolling countryside is newly renovated home in Old Post Farm. Pitched rooflines, Palladian window and perfectly crafted millwork around front door adorn this stately 2-story, 4BRs/3 bath brick home situated on lush carpet of green grass and facing delightful, small community playground. Freshly mulched and landscaped beds skirt home, tall evergreen anchors corner and curved sidewalk leads to elevated entry. Embrace the space! Appreciate 2-story foyer, turned staircase and today’s take on floor plan that’s open and airy. Rich wide-plank cherry hardwood floors and smoky gray paint are repeated, creating continuity, while crown molding edges ceiling. Left of foyer French doors grant access into front room - perfect for 1st-floor multi-purpose room for office/bedroom/library, room is sequestered in silence offering an ideal flex space venue! Past office is hall closet and bath. Where normally PR would reside, this floor plan expands with value-added 1st floor full bath with pedestal sink. Soft grays are echoed with paint and scope is widened to include gray ceramic tile floor and gray ceramic tile/glass, walk-in, no-lip shower. Step across foyer to front-to-back, beautifully blended LR/DR. It is generous space that touts flex-décor! LR is large enough for formal furnishings with large windows and ample wall space, but could be easy, comfortable room that seamlessly melds into adjacent DR. DR delivers dimension, details and drama! Walk-in bay window juts off side wall, shifting room shape away from typical box configuration, and effectively enlarging and enhancing room. Crown molding continues to add detail and insertion of chair rail delivers drama. Trio of rooms stretched across back of home provides lived-in space! New kitchen answers the call for modern ease! Handsome cherry cabinets are paired with polished SS appliances. Center island offers prep space and can serve as built-in buffet table! Off kitchen are both sizable pantry and laundry room, where hardwoods continue and offer access to front entry, 2-car garage with bonus ramp and door to outside. Kitchen boasts substantial dining area thanks to 2-plus foot bump-out and railing that overlooks sunken FR. Charm resonates in family friendly room! Soaring ceiling mixed with floor-to-ceiling windows make room seem larger and light filled, while cozy gas FP lends warmth. Off FR/kitchen is sought-after sun-loving space! Walls of windows encircle sunroom and series of shades offer opportunity for seclusion in a moment’s notice. Apex ceiling, ceiling fan, 2 all-glass doors and exposed beams keep room simple and inviting! Side deck is perfect for grilling and chilling, shed provides all-around outdoor seasonal storage and level backyard is ringed with mature trees offering privacy. Upper level mimics main level in fine appointments of crown molding and 2nd floor landing that overlooks foyer. Hall leads to 3 secondary BRs, with 1 BR featuring walk-in closet and another with 2 DD closets. Full bath is outfitted with dual-sink cabinet vanity and tub/shower. Medicine cabinet provides perfect small bottles and band-aids storage! Primary suite is astutely located to right of stairs, creating cocoon of privacy on this side of home. Sprawling primary BR features vaulted ceiling with ceiling fan, hardwoods and huge walk-in closet where year-round dual wardrobes can be easily organized. Adjoining private primary bath offers luxury one would expect in caliber home! Note separate white vanities, 1 with makeup table, full shower, private water closet and triple window that sits above jacuzzi tub. Large walk-up LL can be finished as all-purpose room and defined by fitness equipment, rec furniture or go-to games. Within 5 miles of Newark Charter School System. Hurry! Outstanding living in Old Post Farm!

Last Agent to Sell the Property

Steven Anzulewicz

Keller Williams Realty Wilmington Listed on: 06/02/2021

Keller Williams Realty Wilmington

Last Buyer's Agent

Andrew Szczerba

Crown Homes Real Estate License #RS354766

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,597

Year Built

  • Built in 1999

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 93.80 x 129.70
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Old Post Farm Subdivision

Listing and Financial Details

  • Tax Lot 029
  • Assessor Parcel Number 11-016.10-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,597

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: Prime upgrades and park-like setting in home on Preakness Run! Nestled on fringe of Newark, where there is instant access to shops, restaurants and picturesque main street, and amid rolling countryside is newly renovated home in Old Post Farm. Pitched rooflines, Palladian window and perfectly crafted millwork around front door adorn this stately 2-story, 4BRs/3 bath brick home situated on lush carpet of green grass and facing delightful, small community playground. Freshly mulched and landscaped beds skirt home, tall evergreen anchors corner and curved sidewalk leads to elevated entry. Embrace the space! Appreciate 2-story foyer, turned staircase and today’s take on floor plan that’s open and airy. Rich wide-plank cherry hardwood floors and smoky gray paint are repeated, creating continuity, while crown molding edges ceiling. Left of foyer French doors grant access into front room - perfect for 1st-floor multi-purpose room for office/bedroom/library, room is sequestered in silence offering an ideal flex space venue! Past office is hall closet and bath. Where normally PR would reside, this floor plan expands with value-added 1st floor full bath with pedestal sink. Soft grays are echoed with paint and scope is widened to include gray ceramic tile floor and gray ceramic tile/glass, walk-in, no-lip shower. Step across foyer to front-to-back, beautifully blended LR/DR. It is generous space that touts flex-décor! LR is large enough for formal furnishings with large windows and ample wall space, but could be easy, comfortable room that seamlessly melds into adjacent DR. DR delivers dimension, details and drama! Walk-in bay window juts off side wall, shifting room shape away from typical box configuration, and effectively enlarging and enhancing room. Crown molding continues to add detail and insertion of chair rail delivers drama. Trio of rooms stretched across back of home provides lived-in space! New kitchen answers the call for modern ease! Handsome cherry cabinets are paired with polished SS appliances. Center island offers prep space and can serve as built-in buffet table! Off kitchen are both sizable pantry and laundry room, where hardwoods continue and offer access to front entry, 2-car garage with bonus ramp and door to outside. Kitchen boasts substantial dining area thanks to 2-plus foot bump-out and railing that overlooks sunken FR. Charm resonates in family friendly room! Soaring ceiling mixed with floor-to-ceiling windows make room seem larger and light filled, while cozy gas FP lends warmth. Off FR/kitchen is sought-after sun-loving space! Walls of windows encircle sunroom and series of shades offer opportunity for seclusion in a moment’s notice. Apex ceiling, ceiling fan, 2 all-glass doors and exposed beams keep room simple and inviting! Side deck is perfect for grilling and chilling, shed provides all-around outdoor seasonal storage and level backyard is ringed with mature trees offering privacy. Upper level mimics main level in fine appointments of crown molding and 2nd floor landing that overlooks foyer. Hall leads to 3 secondary BRs, with 1 BR featuring walk-in closet and another with 2 DD closets. Full bath is outfitted with dual-sink cabinet vanity and tub/shower. Medicine cabinet provides perfect small bottles and band-aids storage! Primary suite is astutely located to right of stairs, creating cocoon of privacy on this side of home. Sprawling primary BR features vaulted ceiling with ceiling fan, hardwoods and huge walk-in closet where year-round dual wardrobes can be easily organized. Adjoining private primary bath offers luxury one would expect in caliber home! Note separate white vanities, 1 with makeup table, full shower, private water closet and triple window that sits above jacuzzi tub. Large walk-up LL can be finished as all-purpose room and defined by fitness equipment, rec furniture or go-to games. Within 5 miles of Newark Charter School System. Hurry! Outstanding living in Old Post Farm!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Island, Pantry, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 3196
  • Living Area Sq Ft: 3196
  • Price Per Sq Ft: 151.30
  • Above Grade Finished Sq Ft: 2875
  • Below Grade Finished Sq Ft: 321
  • Total Below Grade Sq Ft: 321
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 431

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding, Aluminum Siding
  • Exterior Features: Play Area, 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
  • Garage Features: Garage - Front Entry
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 93.80 x 129.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Year Assessed: 2020
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2839.00
  • Tax Annual Amount: 3597.00
  • Assessor Parcel Number: 11-016.10-029
  • Tax Lot: 029
  • Tax Total Finished Sq Ft: 3196
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/09/2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 9, 2021
Sold by
Dobson Donald E and Dobson Sharon P
Bought by
Tran Ngan
Seller's Agent
Steven Anzulewicz
Keller Williams Realty Wilmington
Buyer's Agent
Andrew Szczerba
Crown Homes Real Estate
List Price
$440,000
Sold Price
$450,000
Premium/Discount to List
$10,000
2.27%
Current Estimated Value
$585,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,122
Avg. Annual Appreciation
5.84%
Original Mortgage
$348,000
Outstanding Balance
$320,508
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$249,290

Purchase Details

Closed on
Mar 29, 2007
Sold by
Mancuso Albert J and Mancuso Sandra E
Bought by
Dobson Donald E and Dobson Sharon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Short Thurman H and Short Rebecca S
Bought by
Mancuso Albert J and Mancuso Sandra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,700
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Tran Ngan -- None Available
Dobson Donald E $385,000 None Available
Mancuso Albert J $321,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Ngan $348,000
Previous Owner Dobson Sharon P $205,000
Previous Owner Dobson Donald E $245,000
Previous Owner Mancuso Albert J $224,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $450,000 0.0% $141 / Sq Ft
06/09/2021 06/09/21 Price Changed $450,000 +2.3% $141 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $440,000 -- $138 / 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 $4,012 $91,300 $13,100 $78,200
2023 $3,907 $91,300 $13,100 $78,200
2022 $3,880 $91,300 $13,100 $78,200
2021 $105 $91,300 $13,100 $78,200
2020 $3,693 $91,300 $13,100 $78,200
2019 $244 $91,300 $13,100 $78,200
2018 $218 $91,300 $13,100 $78,200
2017 $3,068 $91,300 $13,100 $78,200
2016 $3,068 $91,300 $13,100 $78,200
2015 $2,805 $91,300 $13,100 $78,200
2014 $2,807 $91,300 $13,100 $78,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC527464

Bright MLS

APN: 11-016.10-029