NOT LISTED FOR SALE

48 Lynch Farm Dr Newark, DE 19713

Estimated Value: $335,000 - $361,000

4 Beds
2 Baths
1,275 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $205,000 $161 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,113/month

12 Days on Market

Highlights

  • Rambler Architecture
  • Living Room
  • En-Suite Primary Bedroom
  • Patio
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of May 2016

What a Gorgeous Ranch! This 4BR 2BA Ranch is completely updated! As you enter the home you are greeted by a tastefully decorated living room with beautiful hardwood floors and neutral paint. The wonderful kitchen is complete with granite countertops, tile flooring & backsplash, and stainless appliances. The kitchen flows nicely into the spacious dining room which provides a perfect space for gatherings. The master bedroom is off on its own away from the other 3 bedrooms....complete with a walk-in closet. The yard is enormous and complete with a recently added paver patio. The full, dry basement is ready for your storage and finishing touches. Don't walk, run to this property today!

Last Agent to Sell the Property

Traci Madison

Madison Real Estate Inc. DBA MRE Residential Inc. Listed on: 04/10/2016

Last Buyer's Agent

Kris Maroney

RE/MAX Associates-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,649

Year Built

  • Built in 1962

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70x135
  • Level Lot
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned NC6.5

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,275 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Patio
  • Shed

Schools

  • Smith Elementary School
  • Kirk Middle School
  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Gas Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Todd Estates Ii Subdivision

Listing and Financial Details

  • Tax Lot 144
  • Assessor Parcel Number 09-028.10-144

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,649

Year Built

Built in 1962

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Range, Dishwasher And Microwave
  • New Construction: No
  • Story List: Main
  • Year Built: 1962
  • Remarks Public: What a Gorgeous Ranch! This 4BR 2BA Ranch is completely updated! As you enter the home you are greeted by a tastefully decorated living room with beautiful hardwood floors and neutral paint. The wonderful kitchen is complete with granite countertops, tile flooring & backsplash, and stainless appliances. The kitchen flows nicely into the spacious dining room which provides a perfect space for gatherings. The master bedroom is off on its own away from the other 3 bedrooms....complete with a walk-in closet. The yard is enormous and complete with a recently added paver patio. The full, dry basement is ready for your storage and finishing touches. Don't walk, run to this property today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Primary Bath(s), Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1275
  • Living Area Sq Ft: 1275
  • Net Sq Ft: 1275.00
  • Price Per Sq Ft: 164.63
  • Above Grade Finished Sq Ft: 1275
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Brick
  • Access To Pool: No
  • Exterior Features: Sidewalks
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Type: Heat Pump - Gas Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 25.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • Elementary School: SMITH
  • Middle School: KIRK
  • High School: NEWARK
  • School District Key: 300200396890
  • Elementary School: SMITH
  • High School: NEWARK
  • Middle Or Junior School: KIRK

Lot Info

  • Improvement Assessed Value: 46400.00
  • Land Assessed Value: 9100.00
  • Lot Features: Level, Front Yard, Rear Yard
  • Lot Size Acres: 0.22
  • Lot Dimensions: 70X135
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: NC6.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2298770
  • Tax Annual Amount: 1649.00
  • Assessor Parcel Number: 09-028.10-144
  • Tax Lot: 144
  • Tax Year: 2015
  • Close Date: 05/27/2016

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2016
Closed on
May 27, 2016
Sold by
Campbell Jacquelyn R and Diggs Direne
Bought by
Ashley Alicia M
Seller's Agent
Traci Madison
Madison Real Estate Inc. DBA MRE Residential Inc.
Buyer's Agent
Kris Maroney
RE/MAX Associates-Wilmington
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%
Current Estimated Value
$349,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,664
Avg. Annual Appreciation
5.91%
Original Mortgage
$201,286
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 15, 2013
Closed on
Nov 15, 2013
Sold by
J & J Home Investments Llc
Bought by
Diggs Lidia E
Seller's Agent
Jacob Lipton
Coldwell Banker Realty
Buyer's Agent
Traci Madison
Madison Real Estate Inc. DBA MRE Residential Inc.
List Price
$194,900
Sold Price
$190,000
Premium/Discount to List
-$4,900
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$184,300
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2012
Closed on
Apr 9, 2013
Sold by
Jester R John
Bought by
J & J Home Investments Llc
Seller's Agent
Cynthia Shareef
Tesla Realty Group, LLC
Buyer's Agent
Jacob Lipton
Coldwell Banker Realty
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
238.15%
Original Mortgage
$95,000
Interest Rate
3.64%
Mortgage Type
Unknown
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
Ashley Alicia M -- None Available
Diggs Lidia E $142,500 None Available
J & J Home Investments Llc $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashley Alicia M $182,000
Closed Ashley Alicia M $201,286
Previous Owner Diggs Lidia E $184,300
Previous Owner J & J Home Investments Llc $95,000
Previous Owner J & J Home Investments Llc $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $205,000 -2.3% $161 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/10/2016 04/10/16 For Sale $209,900 +10.5% $165 / Sq Ft
11/15/2013 11/15/13 Sold $190,000 -2.5% $254 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
09/15/2013 09/15/13 For Sale $194,900 +143.6% $261 / Sq Ft
02/28/2013 02/28/13 Sold $80,000 0.0% $107 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
12/04/2012 12/04/12 For Sale $80,000 -- $107 / 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 $2,363 $55,500 $9,100 $46,400
2023 $2,299 $55,500 $9,100 $46,400
2022 $2,293 $55,500 $9,100 $46,400
2021 $2,245 $55,500 $9,100 $46,400
2020 $2,187 $55,500 $9,100 $46,400
2019 $2,254 $55,500 $9,100 $46,400
2018 $1,882 $55,500 $9,100 $46,400
2017 $1,815 $55,500 $9,100 $46,400
2016 $1,814 $55,500 $9,100 $46,400
2015 $1,248 $42,000 $9,100 $32,900
2014 $1,248 $42,000 $9,100 $32,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003949165

Bright MLS

APN: 09-028.10-144