NOT LISTED FOR SALE

474 Preakness Run Newark, DE 19702

Estimated Value: $533,000 - $621,000

4 Beds
3.5 Baths
2,260 Sq Ft
$254/Sq Ft Est. Value

Last Sold July 06, 2015

Last sale price $320,000 $142 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,322/month

46 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Attached Garage
  • Patio

About This Home

As of July 2015

Popular Old Post Farms community! This solid brick front 4 Bedroom, 3.5 Bath Colonial is situated on a nice flat lot in the back of the community. The Sellers have updated the kitchen with granite counter tops, over-sized island, Travertine tiled back splash, recessed lights, top of the line gas stove, Kenmore elite microwave, and tiled flooring. Upon entry into the tiled foyer, you will notice the cathedral ceilings leading to the upper level. The dining room, living room, and staircase have Bruce hardwood flooring. The main level powder room has custom stonework and updated fixtures. The family room flows nicely from the eat in kitchen. There is a wood burning fireplace, ceiling fan and mounted tv bracket to enjoy the spacious area. The full finished basement has a full bathroom and large finished area for entertainment room & more. There is a unfinished area for storage needs with built in shelving. The backyard is the best part. Seller has a covered pergola with custom built in grill with custom tile and stone work. Probably a 20K+ improvement for folks that like to entertain. The backyard is fenced and includes a playset. The upper level has 4 nice size bedrooms. The master bedroom has vaulted ceilings, walk in closet, his/her sinks, soaking tub and shower stall. The Seller is including an ADT Pulse security system with cameras. Seller is offering $2K for carpet allowance and $400 for new dishwasher allowance at closing with acceptable offer. Property is available for immediate occupancy. Close to all major highways including I95 and Rt 896. Call to schedule an appt today.

Last Agent to Sell the Property

Andy Mulrine

(302) 547-7139 andymulrine@gmail.com RE/MAX Associates-Hockessin License #RS308786 Listed on: 04/10/2015

RE/MAX Associates-Hockessin

Last Buyer's Agent

Helena Davidson

(302) 530-1537 helenadavidson@remax.net RE/MAX 1st Choice - Middletown License #5260846

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,255

Year Built

  • Built in 1999

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 109x116
  • Property is in good condition
  • Property is zoned NC21

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Old Post Farm Subdivision

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number 11-016.30-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,255

Year Built

Built in 1999

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Smoker, Kitchen Stool
  • Inclusions: Refrigerator, W/D, Grill, Window Trmts
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1999
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

  • Elementary School: WEST PARK PLACE
  • High School: GLASGOW
  • Middle Or Junior School: GAUGER-COBBS

Lot Info

  • Improvement Assessed Value: 62400.00
  • Land Assessed Value: 13500.00
  • Lot Size Acres: 0.28
  • Lot Dimensions: 109X116
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2338229
  • Tax Annual Amount: 2255.00
  • Assessor Parcel Number: 11-016.30-004
  • Tax Lot: 004
  • Tax Year: 2014

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2015
Closed on
Jun 30, 2015
Sold by
Rogers Michael W
Bought by
Westermann Heiko W and Rosica Caryn I
Seller's Agent
Andy Mulrine
RE/MAX Associates-Hockessin
Buyer's Agent
Helena Davidson
RE/MAX 1st Choice - Middletown
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%
Current Estimated Value
$573,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,522
Avg. Annual Appreciation
5.77%
Original Mortgage
$304,000
Outstanding Balance
$237,949
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$335,573

Purchase Details

Closed on
Dec 30, 2010
Sold by
Abdi Ahmed N and Mohamed Zahra
Bought by
Rogers Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,146
Interest Rate
4.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Westermann Heiko W $320,000 None Available
Rogers Michael W $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westermann Heiko W $304,000
Previous Owner Rogers Michael W $286,146
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2015 07/06/15 Sold $320,000 -3.0% $142 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
05/08/2015 05/08/15 Price Changed $329,990 -2.9% $146 / Sq Ft
04/22/2015 04/22/15 Price Changed $339,990 -2.8% $150 / Sq Ft
04/10/2015 04/10/15 For Sale $349,900 -- $155 / 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 $3,568 $81,200 $13,500 $67,700
2023 $3,475 $81,200 $13,500 $67,700
2022 $3,451 $81,200 $13,500 $67,700
2021 $3,377 $81,200 $13,500 $67,700
2020 $3,284 $81,200 $13,500 $67,700
2019 $3,221 $81,200 $13,500 $67,700
2018 $2,847 $81,200 $13,500 $67,700
2017 $2,750 $81,200 $13,500 $67,700
2016 $2,728 $81,200 $13,500 $67,700
2015 $2,495 $81,200 $13,500 $67,700
2014 $2,333 $75,900 $13,500 $62,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002572426

Bright MLS

APN: 11-016.30-004