NOT LISTED FOR SALE

500 Sepia Ct Newark, DE 19702

Estimated Value: $470,000 - $508,000

4 Beds
2.5 Baths
2,114 Sq Ft
$231/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $305,000 $144 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,909/month

67 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Corner Lot
  • Cathedral Ceiling
  • 1 Fireplace
  • Porch

About This Home

As of January 2016

If you are searching for a 4 bedroom, 2.5 bath home with easy access to all major routes- then this is your new home. Pride of ownership and upgrades shine throughout this entire home. From the original build, the original owners have taken care of every detail you can think of-and it shows. Situated on a premium corner lot that is a quarter of an acre, this 2 story colonial looks nearly new. You will be impressed with the brand new exterior matched vinyl fencing for the rear yard and paver patio wired and ready for your speakers. Upon walking into this home you will find an open floor plan that welcomes you right in. To the right is a formal living room that is currently being used as an in home office. To the left, a formal dining room. Beautiful hardwoods are in the foyer, powder room and in the family room that has a wood burning fireplace. The family room is prewired for surround sound along with network. Located right off of the beautiful family room is the kitchen which is located in the back of the home and is bright and full of sunshine. In the kitchen there are new modern counter tops, new stainless steel appliances (2014), and plenty of room for entertaining. Doors from the kitchen will take you into your private rear yard, ready for play, BBQs, family fun or just simple relaxation. There is a split staircase that leads you to the second floor. The master bedroom is situated on one side of the home for extra privacy. There are vaulted ceilings, a large walk in closet and a large master bath with a separate shower stall and oversized garden tub. It also has its own linen closet. There are 3 additional decent sized bedrooms with ample closet space in each room. There is a large front porch, a 2 car attached garage and a double driveway- things that you would normally have to sacrifice in this price range. This home also has a full basement should you need extra space to finish at your leisure. Come and see this home today! You will be pleasantly surprised with all this home has to offer. It is by far the best choice in the neighborhood, and surrounding area. This home has a new hot water heater with 10yr warranty (2014), is heated with efficient natural gas, and has an oversized 9kw leased solar system to cut down on those power bills by more than 35%. All appliances are included, so your out of pocket cost will be kept to a minimum.

Last Agent to Sell the Property

Danielle Benson

(302) 369-5397 newarkoffice@c21gk.com Century 21 Gold Key Realty License #RB-0003261 Listed on: 10/09/2015

Century 21 Gold Key Realty

Last Buyer's Agent

ANA VASQUEZ

(302) 378-8700 george.brookhart23@gmail.com RE/MAX Advantage Realty License #RS-0015208

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,526

Year Built

  • Built in 2002

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 85x112
  • Corner Lot
  • Property is in good condition
  • Property is zoned NC6.5

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Gray Acres Subdivision

Listing and Financial Details

  • Tax Lot 074
  • Assessor Parcel Number 11-015.10-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,526

Year Built

Built in 2002

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2002
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • 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
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 130.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 72600.00
  • Land Assessed Value: 12400.00
  • Lot Features: Corner
  • Lot Size Acres: 0.24
  • Lot Dimensions: 85X112
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: NC6.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2337762
  • Tax Annual Amount: 2526.00
  • Assessor Parcel Number: 11-015.10-074
  • Tax Lot: 074
  • Tax Year: 2015

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2015
Closed on
Jan 28, 2016
Sold by
Williams David C and Williams Wendy G
Bought by
Arellano Serafin Escobar
Seller's Agent
Danielle Benson
Century 21 Gold Key Realty
Buyer's Agent
ANA VASQUEZ
RE/MAX Advantage Realty
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$497,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,631
Avg. Annual Appreciation
4.81%

Purchase Details

Closed on
Oct 30, 2002
Sold by
Magness Construction Co
Bought by
Williams David C and Williams Wendy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.09%

Purchase Details

Closed on
Feb 20, 2001
Sold by
Magness Donald L and Will Of A Gray Magness
Bought by
Magness Construction Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.89%
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
Arellano Serafin Escobar -- Attorney
Williams David C $221,810 --
Magness Construction Co $2,030,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams David C $176,000
Previous Owner Magness Construction Co $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $305,000 0.0% $144 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $305,000 -- $144 / 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 $3,741 $85,000 $12,400 $72,600
2023 $3,652 $85,000 $12,400 $72,600
2022 $3,631 $85,000 $12,400 $72,600
2021 $3,555 $85,000 $12,400 $72,600
2020 $3,466 $85,000 $12,400 $72,600
2019 $3,359 $85,000 $12,400 $72,600
2018 $3,009 $85,000 $12,400 $72,600
2017 $2,907 $85,000 $12,400 $72,600
2016 $2,880 $85,000 $12,400 $72,600
2015 $2,633 $85,000 $12,400 $72,600
2014 $2,644 $85,000 $12,400 $72,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002715380

Bright MLS

APN: 11-015.10-074