NOT LISTED FOR SALE

431 Welsh Hill Rd Newark, DE 19702

Estimated Value: $574,000 - $617,000

4 Beds
2.5 Baths
2,650 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $445,000 $168 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,603/month

1 Day on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Bonus Room
  • 2 Car Direct Access Garage

About This Home

As of April 2021

Only 8 years young, 431 Welsh HIll Rd. has so much too offer! This home features 4 bedrooms, 2.5 bath, main floor office, rec room and an open floor concept. This is the first Madison style home that was built in Welsh Hill. It has a really large kitchen with granite countertops, 42" cabinets, oversized island and stainless steel appliances. Simply put... the perfect place for entertaining! Heading up a to the next landing is the master suite, with it's own private full bath. As you continue up the stairs, you'll find 3 more spacious rooms, with lots of closet space and another full bath. Lots of sunlight pours through the slider glass door off the kitchen, which brings you to outdoor living space, where you'll find a composite deck, fenced-in backyard and a beautiful hardscape patio. Just minutes to University of Delaware, within the Newark Charter 5 mile radius, I-95, Christiana Hospital and the Mall. Hurry! Hurry and make your appointment today. This one won't last long!

Last Agent to Sell the Property

Kerry Clark

RE/MAX Associates - Newark License #RS-0021042 Listed on: 03/06/2021

RE/MAX Associates - Newark

Last Buyer's Agent

Patricia Wolf

Tesla Realty Group, LLC

Tesla Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,916

Year Built

  • Built in 2013

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,650 Sq Ft Home
  • Property has 4 Levels
  • Bonus Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • $375 Recreation Fee
  • Welsh Hill Preserve Subdivision

Listing and Financial Details

  • Tax Lot 044
  • Assessor Parcel Number 11-012.20-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,916

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Shelving in Living Room. Ceiling Fan in Family Room. Alarm System.
  • Inclusions: Refrigerator in Kitchen. Washer / Dryer. Curtains.
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2021-03-06
  • Year Built: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: Only 8 years young, 431 Welsh HIll Rd. has so much too offer! This home features 4 bedrooms, 2.5 bath, main floor office, rec room and an open floor concept. This is the first Madison style home that was built in Welsh Hill. It has a really large kitchen with granite countertops, 42" cabinets, oversized island and stainless steel appliances. Simply put... the perfect place for entertaining! Heading up a to the next landing is the master suite, with it's own private full bath. As you continue up the stairs, you'll find 3 more spacious rooms, with lots of closet space and another full bath. Lots of sunlight pours through the slider glass door off the kitchen, which brings you to outdoor living space, where you'll find a composite deck, fenced-in backyard and a beautiful hardscape patio. Just minutes to University of Delaware, within the Newark Charter 5 mile radius, I-95, Christiana Hospital and the Mall. Hurry! Hurry and make your appointment today. This one won't last long!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 4
  • Room List: Bonus Room
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2650
  • Living Area Sq Ft: 2650
  • Price Per Sq Ft: 167.92
  • Above Grade Finished Sq Ft: 2650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 431

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: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • 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, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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
  • Association Recreation Fee: 375.00
  • Association Recreation Fee: Yes

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 86400.00
  • Land Assessed Value: 13000.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Year Assessed: 2020
  • Zoning: S
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5577979
  • School Tax: 3091.00
  • Tax Annual Amount: 3916.00
  • Assessor Parcel Number: 11-012.20-044
  • Tax Lot: 044
  • Tax Total Finished Sq Ft: 2650
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/09/2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
Apr 9, 2021
Sold by
Krapf Jason and Krapf Jennifer
Bought by
Chellappan Anish
Seller's Agent
Kerry Clark
RE/MAX Associates - Newark
Buyer's Agent
Patricia Wolf
Tesla Realty Group, LLC
List Price
$434,900
Sold Price
$445,000
Premium/Discount to List
$10,100
2.32%
Current Estimated Value
$595,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,588
Avg. Annual Appreciation
6.43%
Original Mortgage
$422,750
Outstanding Balance
$382,747
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$202,943

Purchase Details

Listed on
Apr 30, 2019
Closed on
Aug 1, 2019
Sold by
Habermann Barbara
Bought by
Krapf Jason and Krapf Jennifer
Seller's Agent
Mary Kate Johnston
RE/MAX Associates - Newark
Buyer's Agent
Kerry Clark
RE/MAX Associates - Newark
List Price
$425,000
Sold Price
$406,000
Premium/Discount to List
-$19,000
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$385,700
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2013
Closed on
Oct 25, 2013
Sold by
Empire Construction Co
Bought by
Habermann Barbara
Seller's Agent
Mary Kate Johnston
RE/MAX Associates - Newark
Buyer's Agent
Mary Kate Johnston
RE/MAX Associates - Newark
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%
Original Mortgage
$245,000
Interest Rate
4.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Chellappan Anish -- None Available
Krapf Jason -- None Available
Habermann Barbara $385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chellappan Anish $422,750
Previous Owner Krapf Jason $385,599
Previous Owner Krapf Jason $385,700
Previous Owner Habermann Barbara $236,500
Previous Owner Habermann Barbara $245,000
Previous Owner Empire Construction Co $5,720,000
Previous Owner Empire Construction Co $205,752
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $445,000 0.0% $168 / Sq Ft
03/09/2021 03/09/21 Price Changed $445,000 +2.3% $168 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $434,900 +7.1% $164 / Sq Ft
08/09/2019 08/09/19 Sold $406,000 0.0% $153 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/18/2019 07/18/19 Price Changed $406,000 +1.5% $153 / Sq Ft
07/11/2019 07/11/19 Price Changed $399,900 -1.9% $151 / Sq Ft
06/20/2019 06/20/19 Price Changed $407,500 -2.4% $154 / Sq Ft
05/15/2019 05/15/19 Price Changed $417,500 -1.8% $158 / Sq Ft
04/30/2019 04/30/19 For Sale $425,000 +10.4% $160 / Sq Ft
10/30/2013 10/30/13 Sold $385,000 0.0% --
07/10/2013 07/10/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $385,000 -- --
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 $4,375 $99,400 $13,000 $86,400
2023 $4,271 $99,400 $13,000 $86,400
2022 $4,246 $99,400 $13,000 $86,400
2021 $4,158 $99,400 $13,000 $86,400
2020 $4,053 $99,400 $13,000 $86,400
2019 $154 $99,400 $13,000 $86,400
2018 $69 $99,400 $13,000 $86,400
2017 $3,368 $99,400 $13,000 $86,400
2016 $3,368 $99,400 $13,000 $86,400
2015 $3,079 $99,400 $13,000 $86,400
2014 $3,091 $99,400 $13,000 $86,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC521660

Bright MLS

APN: 11-012.20-044