NOT LISTED FOR SALE

5 Majestic Dr Newark, DE 19713

Estimated Value: $418,000 - $444,000

4 Beds
2.5 Baths
2,625 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $310,000 $118 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,568/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Workshop
  • Living Room
  • No HOA
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of October 2020

Fantastic 4 bedroom 2 1/2 bath home in located in the Elmwood neighborhood in Newark DE. Easy commute to I95 and route 1 takes you to Wilmington, Philadelphia and Baltimore. The brick and vinyl exterior along with energy efficient windows makes your new home cozy year round. The huge finished basement will be the place you you and the family to congregate for fun and games. The eat in kitchen has plenty of room for your bunch and the large dining room will be perfect for those holiday get togethers. In addition the the lower level family room there is the main one just off the kitchen and also the formal living room. The master bedroom has it own on-suite and a huge walk-in cosset. The additional 3 bedroom are large and spacious enough for all your family. All new carpet on the upper level. The 2 level deck features no maintenance planking and a hot tub to relax in after a hard days work or for a romantic evening. The fenced back yard is perfect to keep the kids and pups where they need to be. What else could you ask for........ nothing at all.

Last Agent to Sell the Property

Lee Buzalek

(302) 528-0222 lee@leesellshouses.com EXP Realty, LLC Listed on: 09/18/2020

EXP Realty, LLC

Last Buyer's Agent

Lee Buzalek

(302) 528-0222 lee@leesellshouses.com EXP Realty, LLC Listed on: 09/18/2020

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1980

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 46.50 x 140.40
  • Property is in excellent condition
  • Property is zoned NC6.5

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Workshop
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Elmwood Subdivision

Listing and Financial Details

  • Tax Lot 028
  • Assessor Parcel Number 09-028.20-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,400

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Washer, Dryer, Refrigerator, Built-In Range
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Workshop, Bathroom 2, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Basement Finished Percent: 80.00
  • Total Sq Ft: 2625
  • Living Area Sq Ft: 2625
  • Price Per Sq Ft: 138.82
  • Above Grade Finished Sq Ft: 2125
  • Below Grade Finished Sq Ft: 500
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

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, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private 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

  • Lot Size Acres: 0.21
  • Lot Dimensions: 46.50 x 140.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2683.00
  • Tax Annual Amount: 3400.00
  • Assessor Parcel Number: 09-028.20-028
  • Tax Lot: 028
  • Tax Total Finished Sq Ft: 2125
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/30/2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Oct 30, 2020
Sold by
White William
Bought by
Rissouli Lamiah and Messari Hamid
Seller's Agent
Lee Buzalek
EXP Realty, LLC
Buyer's Agent
Lee Buzalek
EXP Realty, LLC
List Price
$295,000
Sold Price
$310,000
Premium/Discount to List
$15,000
5.08%
Current Estimated Value
$429,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,372
Avg. Annual Appreciation
6.75%
Original Mortgage
$294,500
Outstanding Balance
$262,533
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$166,839

Purchase Details

Listed on
Aug 6, 2014
Closed on
Oct 29, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
White William
Seller's Agent
Yoki Johnson
My Real Estate Store
Buyer's Agent
KATE MUNSCH LEWIS
Coldwell Banker Resort Realty-Milford
List Price
$219,900
Sold Price
$195,000
Premium/Discount to List
-$24,900
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
Mar 9, 2006
Sold by
Grussemeyer Joseph
Bought by
Grussemeyer Joseph and Grussemeyer Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
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
Rissouli Lamiah -- None Available
White William $195,000 Kirsh Title Services Inc
Grussemeyer Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rissouli Lamiah $294,500
Previous Owner Grussemeyer Joseph $197,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $310,000 +5.1% $118 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $295,000 +51.3% $112 / Sq Ft
11/12/2014 11/12/14 Sold $195,000 -2.5% $93 / Sq Ft View Prior Sale
10/28/2014 10/28/14 Pending -- -- --
10/08/2014 10/08/14 Price Changed $199,900 -9.1% $96 / Sq Ft
10/01/2014 10/01/14 For Sale $219,900 0.0% $105 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $219,900 -- $105 / 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 $3,792 $86,300 $14,200 $72,100
2023 $3,693 $86,300 $14,200 $72,100
2022 $3,668 $86,300 $14,200 $72,100
2021 $3,589 $86,300 $14,200 $72,100
2020 $3,491 $86,300 $14,200 $72,100
2019 $3,429 $86,300 $14,200 $72,100
2018 $207 $86,300 $14,200 $72,100
2017 $2,900 $86,300 $14,200 $72,100
2016 $2,900 $86,300 $14,200 $72,100
2015 -- $84,100 $14,200 $69,900
2014 $2,585 $84,100 $14,200 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC509480

Bright MLS

APN: 09-028.20-028