NOT LISTED FOR SALE

433 Preakness Run Newark, DE 19702

Estimated Value: $575,000 - $604,156

4 Beds
2.5 Baths
3,650 Sq Ft
$162/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $490,000 $134 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,544/month

2 Days on Market

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Cathedral Ceiling
  • Open Floorplan
  • Deck
  • Wood Flooring

About This Home

As of November 2021

Prime living on Preakness Run! Nestled past hum of small-town Newark, set in beautiful countryside and
perched on edge of cul-de-sac in Old Post Farm is this 4BRs/2.5 bath classic colonial with added great
room, finished LL and promise of plentiful main-living space! Situated across from charming community
park, this regal home showcases gray siding accented with black shutters/millwork and soft blue front
door. Rounded shrubs line driveway up to front-entry 2-car garage, as well as sidewalk that leads to
open, elevated entry. Home’s updates include new roof/HVAC/W & D/upstairs carpeting/LR lighting/LR
and DR crown molding/paint throughout/tile and vanity in hall bath/lights in primary BR and kitchen/PR
vanity/and encapsulated crawl space (2021) new hardwood floors (2019) recently finished LL/upgraded
appliances/replaced all hinges/doorknobs and added great room, laundry room and deck (2008)! 2-story
foyer is bathed in natural light thanks to Palladian window combined with transom window over front
door. New gray paint palette offers contrast to new wide-planked wood floors, handsome staircase is
centered, and open floorplan allows views through to kitchen and beyond to great room. To right, LR’s
standout is bonus, walk-in bay window on side wall that enhances natural light and adds square footage.
To left, DR mimics LR with hardwoods and paint color, and adds chair rail. PR is tucked off hall. Sweeping
kitchen and FR, linked together, sit to back of home, while great room is beyond and is connected
through oversized entrance with transom window as well as pass-through window in kitchen. This
triangle of space begs for entertaining! Kitchen features maple cabinets, black appliances and open
space with tucked away laundry room with pet tub, row of cabinets and back door. 2 columns and ½
walls mark entrance into FR of hardwoods, crown molding and succession of 5 windows! Sunken great
room is magnificent with vaulted ceiling and sequence of windows/transom windows that wrap around
room and dramatic gas FP with ceramic tile surround. Incredible upscale room for down-time relaxation!
Spectacular finished LL is footprint of main level and has barnwood-style floor, accent wood
wall/columns, 2-tier bar with wood countertops/built-in cabinets/wine rack, and generous TV area. 2nd
level boasts 3 secondary BRs of new gray carpeting and DD closets, and full bath of new ceramic tile
floor, cabinet vanity with vessel sink, and built-in shelves with ceramic glass backsplash. Angled DD
entrance grants access to primary BR of 2 closets and bath of dual-sink vanity and tiled tub/shower.
Spacious new deck looks to fenced-in, tree-line backyard. Serene setting! Home is nearby to I-95/Rt.
896. Noteworthy home in Newark!

Last Agent to Sell the Property

Steven Anzulewicz

Keller Williams Realty Wilmington Listed on: 09/25/2021

Keller Williams Realty Wilmington

Last Buyer's Agent

Patricia Wolf

Tesla Realty Group, LLC

Tesla Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1998

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Property is in excellent condition
  • Property is zoned NC21

HOA Fees

  • $17 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Brick Fireplace
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Views of Woods
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Outdoor Features

  • Deck

Schools

  • West Park Place Elementary School
  • Gauger-Cobbs Middle School
  • Glasgow High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Back Up Electric Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include common area maintenance
  • Old Post Farm Maintenance Corp HOA
  • Old Post Farm Subdivision

Listing and Financial Details

  • Tax Lot 028
  • Assessor Parcel Number 11-016.10-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,354

Year Built

Built in 1998

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: All Items "AS IS"
  • New Construction: No
  • Story List: Lower 3, Main, Upper 1
  • Expected On Market: 2021-09-25
  • Federal Flood Zone: No
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Remarks Public: Prime living on Preakness Run! Nestled past hum of small-town Newark, set in beautiful countryside and perched on edge of cul-de-sac in Old Post Farm is this 4BRs/2.5 bath classic colonial with added great room, finished LL and promise of plentiful main-living space! Situated across from charming community park, this regal home showcases gray siding accented with black shutters/millwork and soft blue front door. Rounded shrubs line driveway up to front-entry 2-car garage, as well as sidewalk that leads to open, elevated entry. Home’s updates include new roof/HVAC/W & D/upstairs carpeting/LR lighting/LR and DR crown molding/paint throughout/tile and vanity in hall bath/lights in primary BR and kitchen/PR vanity/and encapsulated crawl space (2021) new hardwood floors (2019) recently finished LL/upgraded appliances/replaced all hinges/doorknobs and added great room, laundry room and deck (2008)! 2-story foyer is bathed in natural light thanks to Palladian window combined with transom window over front door. New gray paint palette offers contrast to new wide-planked wood floors, handsome staircase is centered, and open floorplan allows views through to kitchen and beyond to great room. To right, LR’s standout is bonus, walk-in bay window on side wall that enhances natural light and adds square footage. To left, DR mimics LR with hardwoods and paint color, and adds chair rail. PR is tucked off hall. Sweeping kitchen and FR, linked together, sit to back of home, while great room is beyond and is connected through oversized entrance with transom window as well as pass-through window in kitchen. This triangle of space begs for entertaining! Kitchen features maple cabinets, black appliances and open space with tucked away laundry room with pet tub, row of cabinets and back door. 2 columns and ½ walls mark entrance into FR of hardwoods, crown molding and succession of 5 windows! Sunken great room is magnificent with vaulted ceiling and sequence of windows/transom windows that wrap around room and dramatic gas FP with ceramic tile surround. Incredible upscale room for down-time relaxation! Spectacular finished LL is footprint of main level and has barnwood-style floor, accent wood wall/columns, 2-tier bar with wood countertops/built-in cabinets/wine rack, and generous TV area. 2nd level boasts 3 secondary BRs of new gray carpeting and DD closets, and full bath of new ceramic tile floor, cabinet vanity with vessel sink, and built-in shelves with ceramic glass backsplash. Angled DD entrance grants access to primary BR of 2 closets and bath of dual-sink vanity and tiled tub/shower. Spacious new deck looks to fenced-in, tree-line backyard. Serene setting! Home is nearby to I-95/Rt. 896. Noteworthy home in Newark!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Whirlpool/Hottub, Bar, Breakfast Area, Built-Ins, Carpet, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Table Space, Pantry, Recessed Lighting, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors
  • Fireplace Features: Brick, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 12
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Great Room, Office
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3650
  • Living Area Sq Ft: 3650
  • Price Per Sq Ft: 162.50
  • Above Grade Finished Sq Ft: 2800
  • Below Grade Finished Sq Ft: 850
  • Total Below Grade Sq Ft: 850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 433

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle
  • View: Trees/Woods
  • 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: Asphalt Driveway
  • 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
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: OLD POST FARM MAINTENANCE CORP
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • Elementary School: WEST PARK PLACE
  • Middle School: GAUGER-COBBS
  • High School: GLASGOW
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • Elementary School: WEST PARK PLACE
  • High School: GLASGOW
  • Middle Or Junior School: GAUGER-COBBS

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2354.00
  • Assessor Parcel Number: 11-016.10-028
  • Tax Lot: 028
  • Tax Year: 2020
  • Close Date: 11/05/2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Nov 5, 2021
Sold by
Cummings Mark A and Cummings Georgiana Georgiana
Bought by
Ponnamma Mathai
Seller's Agent
Steven Anzulewicz
Keller Williams Realty Wilmington
Buyer's Agent
Patricia Wolf
Tesla Realty Group, LLC
List Price
$455,000
Sold Price
$490,000
Premium/Discount to List
$35,000
7.69%
Current Estimated Value
$591,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,539
Avg. Annual Appreciation
5.04%
Original Mortgage
$465,500
Outstanding Balance
$428,452
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$163,087

Purchase Details

Closed on
Aug 10, 1998
Bought by
Cummings Mark A and Cummings Georgiana
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
Ponnamma Mathai -- None Available
Cummings Mark A $181,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponnamma Mathai $465,500
Previous Owner Cummings Mark A $70,000
Previous Owner Cummings Mark A $258,000
Previous Owner Cummings Mark A $110,000
Previous Owner Cummings Mark A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $490,000 +7.7% $134 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $455,000 -- $125 / 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 $3,951 $89,900 $13,500 $76,400
2023 $3,847 $89,900 $13,500 $76,400
2022 $3,821 $89,900 $13,500 $76,400
2021 $3,739 $89,900 $13,500 $76,400
2020 $3,636 $89,900 $13,500 $76,400
2019 $3,391 $89,900 $13,500 $76,400
2018 $149 $89,900 $13,500 $76,400
2017 $3,021 $89,900 $13,500 $76,400
2016 $3,021 $89,900 $13,500 $76,400
2015 $2,762 $89,900 $13,500 $76,400
2014 $2,764 $89,900 $13,500 $76,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2005794

Bright MLS

APN: 11-016.10-028