NOT LISTED FOR SALE

491 W Chestnut Hill Rd Newark, DE 19713

Estimated Value: $545,000 - $571,000

4 Beds
2.5 Baths
2,525 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $490,000 $194 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,341/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Sun or Florida Room
  • Den
  • West Park Place Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of October 2022

Nestled serenely on a beautiful flat lot, this immaculate home exudes style, care, and quality. Meticulously maintained and in impeccable condition, the visitors to this move-in ready home are sure to appreciate the way in which it has been so lovingly cared for. Whether preparing a meal for yourself or numerous guests, the large eat-in kitchen is a joy to work in. Gleaming granite countertops, center island, and stainless steel appliances are only some of the amenities it offers. As a gathering place for family and guests, the comfortable family room with brick fireplace is rightfully spacious and accommodating. Enjoy a morning cup of coffee in the spectacular sunroom where you can admire the full beautify of the changing seasons. Glass doors lead to a low maintenance composite deck which overlooks the backyard and presents wonderful options for outdoor entertaining. Not to be overlooked, a versatile study offers a private place to work or study from home. Upstairs, the owner’s suite is sure to impress. This quiet retreat features a large walk-in closet and private bath with oversized soaking tub and separate shower. Indeed, there is no lack of space in this home as it also includes three additional upper level bedrooms and hall bath. This home’s prime Newark location provides the perfect balance of privacy and access to nature while maintaining close proximity to the University of DE and downtown Newark, and major access routes including I-95. *Recent updates include new carpeting and paint throughout. Roof - 2018 (transferrable warranty), Windows and doors - approx 3-4 yrs (with transferrable warranty), LG refrigerator & stove - 2021.

Last Agent to Sell the Property

Jan Patrick

(302) 202-9855 ashley.hess@compass.com Compass License #RS-0009488 Listed on: 09/01/2022

Compass

Last Buyer's Agent

Michelle Rawley

(302) 734-4414 meesharawleyre@gmail.com Bryan Realty Group License #RS0026142

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,719

Year Built

  • Built in 1991

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100.00 x 183.60
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,525 Sq Ft Home
  • Property has 2 Levels
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • West Park Place Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 145
  • Assessor Parcel Number 11-008.00-145

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,719

Year Built

Built in 1991

Lot Details

0.4 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer/Dryer, Draperies/Curtains and rods, Fireplace screens, Ceiling fans, 1 Garage door opener, Shed, Security items for alarm will stay
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-09-01
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Study, Sun/Florida Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2525
  • Living Area Sq Ft: 2525
  • Price Per Sq Ft: 188.12
  • Above Grade Finished Sq Ft: 2525
  • Above Grade Finished Area Units: Square Feet

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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, 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 - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% 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

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WEST PARK PLACE
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Lot Size Acres: 0.40
  • Lot Dimensions: 100.00 x 183.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17424.00
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3774.00
  • Tax Annual Amount: 4719.00
  • Assessor Parcel Number: 11-008.00-145
  • Tax Lot: 145
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 27, 2022
Sold by
Alexander Susan M
Bought by
Imtiaz Hamza and Imtiaz Samuel Sarah
Seller's Agent
Jan Patrick
Compass
Buyer's Agent
Michelle Rawley
Bryan Realty Group
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%
Views
54
Current Estimated Value
$555,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,532
Avg. Annual Appreciation
3.76%
Original Mortgage
$481,124
Outstanding Balance
$462,434
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$93,098
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
Imtiaz Hamza $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Imtiaz Hamza $481,124
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $490,000 +3.2% $194 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $475,000 -- $188 / Sq Ft
Source: Bright MLS

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 $5,026 $114,200 $16,500 $97,700
2023 $4,907 $114,200 $16,500 $97,700
2022 $4,378 $114,200 $16,500 $97,700
2021 $3,875 $114,200 $16,500 $97,700
2020 $3,875 $114,200 $16,500 $97,700
2019 $3,875 $114,200 $16,500 $97,700
2018 $3,643 $114,200 $16,500 $97,700
2017 $3,506 $114,200 $16,500 $97,700
2016 $3,869 $114,200 $16,500 $97,700
2015 -- $114,200 $16,500 $97,700
2014 $3,552 $114,200 $16,500 $97,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2030518

Bright MLS

APN: 11-008.00-145

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