NOT LISTED FOR SALE

503 Lark Dr Newark, DE 19713

Estimated Value: $474,771 - $518,000

4 Beds
2.5 Baths
2,275 Sq Ft
$220/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $308,000 $135 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,938/month

Highlights

  • Spa
  • Wood Flooring
  • Stainless Steel Appliances
  • Colonial Architecture
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2019

Located at the end of Lark Drive on a quiet street in Arbour Park, this freshly painted 2 story colonial is ready for its new owners. Surrounded by mature trees for shade in the summer or privacy when you re enjoying your hot tub (New Cover and Pump 2018). The first floor has a gorgeous updated kitchen, (updated in 2017, granite countertops, custom backsplash, stainless steel appliances and sink, Daltile tile floor, new lighting with pendants, soft close drawers and under counter lighting) family room, living room and dining room. Enjoy your gas fireplace in your family room during those cold winter months or have family over in your dining room which overlooks your private backyard. Upstairs is complete with your Master bedroom and master bath, 3 other generously sized bedrooms and a full bath. Located 3.4 miles away from Newark Charter School, a walk to the Permisson Swim Club/Arbour Park pool, and minutes from UD and I95. Other recent updates include updated Bath (2017 complete with floor and wall tile and fixtures), a new Roof (December 2018), and newer windows (Castle 2009). Put this one on your tour today!

Last Agent to Sell the Property

Brynn Williams

(302) 668-0367 brynnw430@gmail.com RE/MAX Associates-Hockessin License #RS-0020813 Listed on: 07/12/2019

RE/MAX Associates-Hockessin

Co-Listed By

Charlene Williams

(302) 668-0367 remaxchar@gmail.com RE/MAX Associates-Hockessin License #RS222618L

Last Buyer's Agent

Ryan Dill

(302) 438-1645 rdill@psre.com Patterson-Schwartz-Hockessin

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,425

Year Built

  • Built in 1968

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 109.50 x 180.00
  • Property is zoned 18RT

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Side Facing Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asbestos

Interior Spaces

  • 2,275 Sq Ft Home
  • Property has 2 Levels
  • Brick Fireplace
  • Gas Fireplace
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Dual Flush Toilets

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Laundry in Basement

Pool

  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Arbour Park Subdivision

Listing and Financial Details

  • Tax Lot 012
  • Assessor Parcel Number 18-042.00-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,425

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Hot Tub
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1968
  • Remarks Public: Located at the end of Lark Drive on a quiet street in Arbour Park, this freshly painted 2 story colonial is ready for its new owners. Surrounded by mature trees for shade in the summer or privacy when you re enjoying your hot tub (New Cover and Pump 2018). The first floor has a gorgeous updated kitchen, (updated in 2017, granite countertops, custom backsplash, stainless steel appliances and sink, Daltile tile floor, new lighting with pendants, soft close drawers and under counter lighting) family room, living room and dining room. Enjoy your gas fireplace in your family room during those cold winter months or have family over in your dining room which overlooks your private backyard. Upstairs is complete with your Master bedroom and master bath, 3 other generously sized bedrooms and a full bath. Located 3.4 miles away from Newark Charter School, a walk to the Permisson Swim Club/Arbour Park pool, and minutes from UD and I95. Other recent updates include updated Bath (2017 complete with floor and wall tile and fixtures), a new Roof (December 2018), and newer windows (Castle 2009). Put this one on your tour today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas, Water Heater, Washer, Dryer, Dual Flush Toilets, Stainless Steel Appliances
  • Interior Amenities: Kitchen - Island, Primary Bath(s), Wood Floors
  • Fireplace Features: Brick, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Basement
  • Total Sq Ft: 2275
  • Living Area Sq Ft: 2275
  • Price Per Sq Ft: 140.66
  • Above Grade Finished Sq Ft: 2275
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

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: Asbestos
  • Exterior Features: Hot Tub
  • 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
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage, On Street, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 72000.00
  • Land Assessed Value: 20800.00
  • Lot Size Acres: 0.41
  • Lot Dimensions: 109.50 x 180.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17860.00
  • Year Assessed: 2018
  • Zoning: 18RT
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2373536
  • School Tax: 2425.00
  • Tax Annual Amount: 3425.00
  • Assessor Parcel Number: 18-042.00-012
  • Tax Lot: 012
  • Tax Total Finished Sq Ft: 2275
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 09/06/2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Sep 5, 2019
Sold by
Finney Donald A and Finney Victoria
Bought by
Dill Ryan Michael
Seller's Agent
Brynn Williams
RE/MAX Associates-Hockessin
Buyer's Agent
Ryan Dill
Patterson-Schwartz-Hockessin
List Price
$329,999
Sold Price
$308,000
Premium/Discount to List
-$21,999
-6.67%
Current Estimated Value
$501,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,443
Avg. Annual Appreciation
8.28%
Original Mortgage
$302,421
Outstanding Balance
$265,006
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$236,437

Purchase Details

Closed on
Aug 16, 2012
Sold by
Victoria Finney Donald A and Victoria Simoshina
Bought by
Finney Donald A and Finney Victoria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
2.62%
Mortgage Type
Assumption

Purchase Details

Closed on
Feb 25, 2009
Sold by
Isaacs Patti C
Bought by
Victoria Finney Donald A and Victoria Simoshina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,800
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Dill Ryan Michael $308,000 None Available
Finney Donald A -- None Available
Victoria Finney Donald A $278,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dill Ryan Michael $302,421
Previous Owner Finney Donald A $225,600
Previous Owner Victoria Finney Donald A $222,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $308,000 -3.8% $135 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/19/2019 07/19/19 Price Changed $320,000 -3.0% $141 / Sq Ft
07/12/2019 07/12/19 For Sale $329,999 -- $145 / 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 $3,438 $92,800 $20,800 $72,000
2023 $3,356 $92,800 $20,800 $72,000
2022 $3,320 $92,800 $20,800 $72,000
2021 $3,235 $92,800 $20,800 $72,000
2020 $3,142 $92,800 $20,800 $72,000
2019 $2,754 $92,800 $20,800 $72,000
2018 $14,358 $92,800 $20,800 $72,000
2017 $718 $92,800 $20,800 $72,000
2016 $2,603 $92,800 $20,800 $72,000
2015 $2,333 $92,800 $20,800 $72,000
2014 $2,333 $92,800 $20,800 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC482792

Bright MLS

APN: 18-042.00-012