NOT LISTED FOR SALE

5 Old Stable Ln Newark, DE 19711

Estimated Value: $479,000 - $610,164

4 Beds
2.5 Baths
2,896 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $510,000 $176 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,178/month

1 Day on Market

Highlights

  • 0.43 Acre Lot
  • Cape Cod Architecture
  • Vaulted Ceiling
  • Wilson (Etta J.) Elementary School Rated 10
  • Deck
  • Wood Flooring

About This Home

As of August 2024

Discover the timeless charm of this 4 bedroom/2.5 bath Cape Cod style home nestled in the community of Smith Mills Farms. This unique residence features a rare first-floor primary bedroom complete with a full en-suite bathroom, providing convenience and luxury. The eat-in kitchen is a culinary haven with center island, ample recessed lighting, Corian counters, tile flooring and stainless steel appliances (new microwave 2024) while open to the impressive family room. The warmth of 5-inch maple hardwood floors and wide base moldings flow throughout the home, enhancing its elegance. The family room is a true highlight with its vaulted cedar lined plank ceiling and a fireplace surrounded by floor-to-ceiling beadboard, creating a cozy yet sophisticated ambiance. French doors lead to a covered deck that overlooks the backyard, perfect for outdoor entertaining and relaxation. A separate living room, dining room, main level laundry and half bath complete the first floor. Upstairs is complete with two oversized bedrooms, a full hall bath, and a loft overlooking the family room with walk-in storage leading to the attic. The partially finished walk-out basement offers additional living space, a separate bedroom, workshop and endless possibilities. Outside you will find a shed for all of your storage needs, a double driveway and wide corner lot. This home truly combines classic charm with modern amenities, making it a perfect retreat for comfortable living. Don't miss the chance to make this beautiful home in the Pike Creek valley your own! Property is sold in as-is condition with inspections for informational purposes only. An offer deadline has been set for 12 PM July 17th.

Last Agent to Sell the Property

Thomas Desper

(302) 357-7282 thomas.desper@compass.com Compass License #RS-0020189 Listed on: 07/15/2024

Compass

Co-Listed By

Stephen Mottola

(302) 437-6600 stephen@mottolagroup.com Compass License #R3-0010595

Last Buyer's Agent

Grace Casella

(302) 607-1508 gracecasella@kw.com Crown Homes Real Estate License #5012654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,595

Year Built

  • Built in 1986

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 295.90 x 140.00
  • Property is zoned NC10

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 5 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Pitched Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Six Panel Doors
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Oven
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Dryer

Partially Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Drainage System
  • Sump Pump

Outdoor Features

  • Deck
  • Shed

Schools

  • Wilson Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • 60 Gallon+ Natural Gas Water Heater

Community Details

  • Association fees include snow removal
  • Smith Mill Farms Subdivision, The Derby Floorplan

Listing and Financial Details

  • Tax Lot 052
  • Assessor Parcel Number 08-036.00-052

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,595

Year Built

Built in 1986

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Post w/ School Bell at the Shed, Signs Mounted on Wall in Garage
  • Inclusions: Washer/Dryer, Kitchen Refrigerator, Garage Refrigerator, Shed, Wall TV Mount/Bracket
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-07-15
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Remarks Public: Discover the timeless charm of this 4 bedroom/2.5 bath Cape Cod style home nestled in the community of Smith Mills Farms. This unique residence features a rare first-floor primary bedroom complete with a full en-suite bathroom, providing convenience and luxury. The eat-in kitchen is a culinary haven with center island, ample recessed lighting, Corian counters, tile flooring and stainless steel appliances (new microwave 2024) while open to the impressive family room. The warmth of 5-inch maple hardwood floors and wide base moldings flow throughout the home, enhancing its elegance. The family room is a true highlight with its vaulted cedar lined plank ceiling and a fireplace surrounded by floor-to-ceiling beadboard, creating a cozy yet sophisticated ambiance. French doors lead to a covered deck that overlooks the backyard, perfect for outdoor entertaining and relaxation. A separate living room, dining room, main level laundry and half bath complete the first floor. Upstairs is complete with two oversized bedrooms, a full hall bath, and a loft overlooking the family room with walk-in storage leading to the attic. The partially finished walk-out basement offers additional living space, a separate bedroom, workshop and endless possibilities. Outside you will find a shed for all of your storage needs, a double driveway and wide corner lot. This home truly combines classic charm with modern amenities, making it a perfect retreat for comfortable living. Don't miss the chance to make this beautiful home in the Pike Creek valley your own! Property is sold in as-is condition with inspections for informational purposes only. An offer deadline has been set for 12 PM July 17th.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Extra Refrigerator/Freezer, Oven - Single, Refrigerator
  • Flooring Type: Ceramic Tile, Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Loft
  • Basement: Yes
  • Basement Type: Drainage System, Interior Access, Partially Finished, Walkout Level, Sump Pump
  • Laundry Type: Main Floor
  • Total Sq Ft: 2896
  • Living Area Sq Ft: 2896
  • Price Per Sq Ft: 183.96
  • Above Grade Finished Sq Ft: 2500
  • Below Grade Finished Sq Ft: 396
  • Total Below Grade Sq Ft: 396
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle, Pitched
  • 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: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 75.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • Elementary School: WILSON
  • Middle School: SHUE-MEDILL
  • High School: NEWARK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • Elementary School: WILSON
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Lot Size Acres: 0.43
  • Lot Dimensions: 295.90 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18731.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2022
  • Zoning: NC10
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2076.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2595.00
  • Assessor Parcel Number: 08-036.00-052
  • Tax Lot: 052
  • Tax Total Finished Sq Ft: 2500
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/09/2024

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Aug 9, 2024
Sold by
Kane Barbara M
Bought by
Mbwiri Winfred and Mbwiri Yvonne
Seller's Agent
Thomas Desper
Compass
Buyer's Agent
Grace Casella
Crown Homes Real Estate
List Price
$459,900
Sold Price
$510,000
Premium/Discount to List
$50,100
10.89%
Views
134
Current Estimated Value
$554,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,291
Avg. Annual Appreciation
7.51%
Original Mortgage
$484,500
Outstanding Balance
$479,007
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$75,284

Purchase Details

Closed on
Sep 21, 2005
Sold by
Gerrits Paul R and Gerrits Rosemary B
Bought by
Kane Richard E and Kane Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Mbwiri Winfred -- None Listed On Document
Kane Richard E $365,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mbwiri Winfred $484,500
Previous Owner Kane Richard E $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $510,000 +10.9% $176 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $459,900 -- $159 / 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 $2,792 $112,800 $27,200 $85,600
2023 $2,705 $112,800 $27,200 $85,600
2022 $2,690 $112,800 $27,200 $85,600
2021 $2,718 $112,800 $27,200 $85,600
2020 $2,634 $112,800 $27,200 $85,600
2019 $2,300 $112,800 $27,200 $85,600
2018 $2,199 $112,800 $27,200 $85,600
2017 $2,926 $112,800 $27,200 $85,600
2016 $2,818 $112,800 $27,200 $85,600
2015 $2,489 $112,800 $27,200 $85,600
2014 $2,487 $112,800 $27,200 $85,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2064316

Bright MLS

APN: 08-036.00-052