NOT LISTED FOR SALE

500 S Gerald Dr Newark, DE 19713

Brookside Area

Estimated Value: $300,000 - $341,142

3 Beds
1 Bath
1,300 Sq Ft
$249/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2024

Last sale price $300,000 $231 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,963 / mo

3 Days on Market

Highlights

  • Rambler Architecture
  • Patio
  • Combination Dining and Living Room
  • Main Floor Bedroom
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of January 2024

Welcome to this charming ranch-style home located in Birchwood Park. Boasting 3 bedrooms and 1.0 bathroom, this delightful property offers comfortable living spaces and a convenient layout. Upon entering, you will be greeted by a light-filled interior featuring a combination dining and living area, perfect for entertaining guests or enjoying cozy family meals. The entry-level bedroom adds convenience and flexibility to accommodate various needs. The exterior of this home is equally impressive, with well-maintained sidewalks providing easy access to the surrounding community. The presence of a fenced yard ensures privacy and security. Additional highlights of this property include a large storage shed, offering ample space to store tools, equipment, or seasonal items. The central A/C ensures comfort during the warmer months, while the forced air heating system keeps you cozy in the colder seasons. Other features that contribute to the appeal of this home include a fireplace in the family room, adding warmth and charm, and the convenience of newly painted walls and fresh carpet throughout. The thoughtfully designed open concept allows for easy flow and versatility. Conveniently located with easy access to I-95, this home offers effortless commuting for those heading north or south. Whether you're looking to explore the area amenities or take advantage of the nearby natural attractions, this home is ideally situated for both work and play. This property presents a wonderful opportunity to own a spacious home in Newark, DE, representing a tranquil haven with a multitude of desirable features. Don't miss the chance to make this beautiful ranch-style home your own.

Last Agent to Sell the Property

Chris Cashman

(302) 733-7000 ccashman@psre.com Patterson-Schwartz-Newark Brokerage Phone: 3027337000 License #AB067190 Listed on: 12/07/2023

Patterson-Schwartz-Newark

Last Buyer's Agent

Doreen Sawchak

(302) 234-3800 john@johnwford.com RE/MAX Associates-Hockessin License #RS-0023151

RE/MAX Associates-Hockessin

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,425

Year Built

  • Built in 1957

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70 x 115.90
  • Property is zoned NC6.5

HOA Fees

  • $5 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 1 Level
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Paved Parking

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Birchwood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09029.10020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,425

Year Built

Built in 1957

Lot Details

8,276 Sq Ft Lot

HOA Fees

$5 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1957
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Combination Dining/Living, Entry Level Bedroom, Window Treatments
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Price Per Sq Ft: 223.08
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

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

  • HOA Fees: 60.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 70 X 115.90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1425.00
  • Assessor Parcel Number: 09029.10020
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Jan 26, 2024
Sold by
Bought by
Seller's Agent
Chris Cashman
Patterson-Schwartz-Newark
Buyer's Agent
Doreen Sawchak
RE/MAX Associates-Hockessin
List Price
$290,000
Sold Price
$300,000
Premium/Discount to List
$10,000
3.45%
Views
55
Current Estimated Value
$323,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,286
Avg. Annual Appreciation
2.94%
Original Mortgage
$294,566
Outstanding Balance
$286,602
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$36,684

Purchase Details

Listed on
Jan 20, 2015
Closed on
Feb 27, 2015
Sold by
Bought by
Seller's Agent
Steve Larrimore
BHHS Fox & Roach - Hockessin
Buyer's Agent
Chris Cashman
Patterson-Schwartz-Newark
List Price
$174,900
Sold Price
$174,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$171,731
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2009
Sold by
Bought by

Purchase Details

Closed on
May 16, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Newark, DE

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 None Listed On Document
$174,900 Kirsh Title Services Inc
-- None Available
$195,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $294,566
Previous Owner $83,500
Previous Owner $171,731
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2024 01/26/24 Sold $300,000 +3.4% $231 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $290,000 +65.8% $223 / Sq Ft
02/27/2015 02/27/15 Sold $174,900 0.0% $135 / Sq Ft View Prior Sale
01/24/2015 01/24/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $174,900 -- $135 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,222 $273,000 $60,100 $212,900
2024 $1,469 $34,500 $7,300 $27,200
2023 $1,429 $34,500 $7,300 $27,200
2022 $1,425 $34,500 $7,300 $27,200
2021 $1,395 $34,500 $7,300 $27,200
2020 $1,359 $34,500 $7,300 $27,200
2019 $1,394 $34,500 $7,300 $27,200
2018 $1,170 $34,500 $7,300 $27,200
2017 $1,128 $34,500 $7,300 $27,200
2016 $1,125 $34,500 $7,300 $27,200
2015 $1,025 $34,500 $7,300 $27,200
2014 $1,025 $34,500 $7,300 $27,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2053620

Bright MLS

APN: 09-029.10-020

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