NOT LISTED FOR SALE

493 W Chestnut Hill Rd Newark, DE 19713

Estimated Value: $438,000 - $545,378

4 Beds
2.5 Baths
2,700 Sq Ft
$188/Sq Ft Est. Value

Last Sold September 04, 2024

Last sale price $475,000 $176 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,080/month

77 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Formal Dining Room
  • Deck
  • No HOA
  • 2 Car Direct Access Garage

About This Home

As of September 2024

Welcome to this stunning, well maintained Colonial-style home in Newark. This spacious property boasts 4 bedrooms and 2.1 bathrooms, offering plenty of room for all your needs. Upon entering, you are greeted by a lovely foyer with beautiful hardwood floors that flow into the powder room. The dining room is elegantly appointed with hardwood floors, crown molding and wood trim accents, creating a perfect space for entertaining guests. The living room also features crown molding, adding to the upscale feel of the home. The eat-in kitchen has lots of cabinets, a nicely sized island and recessed lights. The kitchen is open and adjacent to the large family room. The family room is cozy and inviting, with built-ins and a gas fireplace, ideal for relaxing. Sliders to the deck allows for easy access to the beautiful back yard. Upstairs you will find a large primary bedroom with double closets and a private bath with Jacuzzi Tub/Shower, double sinks and tile floor. The remaining 3 bedrooms are quite spacious and share the hall full bath with double sinks and tile floor. Outside, the property boasts a beautiful yard, perfect for enjoying the outdoors and entertaining. The deck has a remote controlled Sunsetter Awning for those hot summer days. The attached 2-car turned garage offers plenty of parking and inside access through the convenient main floor laundry. This home truly has it all - charm, space, and convenience. Convenient to shopping, restaurants, entertainment, UofD and is within the 5 mile radius of the Newark Charter School. There is easy access to major highways including 95. Don't miss the opportunity to make it yours!

Last Agent to Sell the Property

Cathy Verne

(302) 561-0724 CVerne@PSRE.com Patterson-Schwartz-Newark Listed on: 04/22/2024

Patterson-Schwartz-Newark

Last Buyer's Agent

Adam Carro

(302) 354-8910 thecarrogroup@gmail.com RE/MAX Associates-Hockessin

RE/MAX Associates-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,859

Year Built

  • Built in 1991

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 110.60 x 166.90
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned NC21

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Drainage System
  • Sump Pump

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Built by Clearview Construction
  • Beaulieu Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-008.00-144

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,859

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Shed, All appliances, Garage Frig and Freezer - All as-is
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this stunning, well maintained Colonial-style home in Newark. This spacious property boasts 4 bedrooms and 2.1 bathrooms, offering plenty of room for all your needs. Upon entering, you are greeted by a lovely foyer with beautiful hardwood floors that flow into the powder room. The dining room is elegantly appointed with hardwood floors, crown molding and wood trim accents, creating a perfect space for entertaining guests. The living room also features crown molding, adding to the upscale feel of the home. The eat-in kitchen has lots of cabinets, a nicely sized island and recessed lights. The kitchen is open and adjacent to the large family room. The family room is cozy and inviting, with built-ins and a gas fireplace, ideal for relaxing. Sliders to the deck allows for easy access to the beautiful back yard. Upstairs you will find a large primary bedroom with double closets and a private bath with Jacuzzi Tub/Shower, double sinks and tile floor. The remaining 3 bedrooms are quite spacious and share the hall full bath with double sinks and tile floor. Outside, the property boasts a beautiful yard, perfect for enjoying the outdoors and entertaining. The deck has a remote controlled Sunsetter Awning for those hot summer days. The attached 2-car turned garage offers plenty of parking and inside access through the convenient main floor laundry. This home truly has it all - charm, space, and convenience. Convenient to shopping, restaurants, entertainment, UofD and is within the 5 mile radius of the Newark Charter School. There is easy access to major highways including 95. Don't miss the opportunity to make it yours!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins, Ceiling Fan(s), Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Primary Bath(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Attic
  • Basement: Yes
  • Basement Type: Connecting Stairway, Drainage System, Full, Sump Pump, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 175.93
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 493

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: Brick, Stucco, Vinyl 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, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • 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

Schools

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

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.40
  • Lot Dimensions: 110.60 x 166.90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17424.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: NC21
  • In City Limits: No

Building Info

  • Builder Name: Clearview Construction

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 4859.00
  • Assessor Parcel Number: 11-008.00-144
  • Tax Year: 2022
  • Close Date: 09/04/2024

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Sep 4, 2024
Sold by
Officer Matthew D
Bought by
Officer Matthew D and Alvarez Stephanie
Seller's Agent
Cathy Verne
Patterson-Schwartz-Newark
Buyer's Agent
Adam Carro
RE/MAX Associates-Hockessin
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Views
518
Current Estimated Value
$507,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,345
Avg. Annual Appreciation
6.35%
Original Mortgage
$466,396
Outstanding Balance
$461,027
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$46,318

Purchase Details

Listed on
Apr 22, 2024
Closed on
Aug 23, 2024
Sold by
Sparks James S and Sparks Joyce G
Bought by
Officer Matthew D
Seller's Agent
Cathy Verne
Patterson-Schwartz-Newark
Buyer's Agent
Adam Carro
RE/MAX Associates-Hockessin
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Views
518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,396
Outstanding Balance
$461,027
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$46,318

Purchase Details

Closed on
Nov 15, 1990
Bought by
Sparks James S and Sparks Joyce G
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
Officer Matthew D -- None Listed On Document
Officer Matthew D $395,000 None Listed On Document
Sparks James S $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Officer Matthew D $466,396
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2024 09/04/24 Sold $475,000 0.0% $176 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/20/2024 06/20/24 Price Changed $475,000 -4.9% $176 / Sq Ft
05/22/2024 05/22/24 Price Changed $499,500 -3.0% $185 / Sq Ft
05/02/2024 05/02/24 Price Changed $515,000 -1.9% $191 / Sq Ft
04/22/2024 04/22/24 For Sale $525,000 -- $194 / 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 $4,676 $117,600 $16,500 $101,100
2023 $4,553 $117,600 $16,500 $101,100
2022 $4,524 $117,600 $16,500 $101,100
2021 $4,519 $117,600 $16,500 $101,100
2020 $4,395 $117,600 $16,500 $101,100
2019 $4,126 $117,600 $16,500 $101,100
2018 $3,763 $117,600 $16,500 $101,100
2017 $3,622 $117,600 $16,500 $101,100
2016 $3,484 $117,600 $16,500 $101,100
2015 $3,142 $117,600 $16,500 $101,100
2014 -- $117,600 $16,500 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2059972

Bright MLS

APN: 11-008.00-144