NOT LISTED FOR SALE

505 Sepia Ct Newark, DE 19702

Estimated Value: $460,000 - $501,000

4 Beds
2.5 Baths
2,100 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $295,000 $140 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,899/month

24 Days on Market

Highlights

  • Deck
  • Attic
  • Porch
  • Contemporary Architecture
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of June 2015

Welcome to your new home! Truly move-in ready, enter through 2-sty Foyer with a dual staircase encased by a formal living room and dining area through to a spacious family room that is open to a breakfast area and a Kitchen with all the amenities including fine granite and double sink. From the kitchen area you can relax on the 20x10 deck or enter into the laundry room that offers inside garage access. The upper floors boast 4 sizable bedrooms as well as a master retreat that has a 15x13 master bath with a linen closet & tub/shower combo. The finished basement provides lots of additional storage space as well as a relaxing den too. Put this home on your tour! Convenient location ? close to major Rts 40 & 95 and Old Baltimore Pike for easy access to shopping, dining and entertainment

Last Agent to Sell the Property

Dave Potts

(302) 545-7482 realestate@potts1.com Empower Real Estate, LLC Listed on: 04/22/2015

Empower Real Estate, LLC

Last Buyer's Agent

MaryBeth Holder

(302) 545-1408 marybeth@kghometeam.com EXP Realty, LLC License #RS326676

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,540

Year Built

  • Built in 2003

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 87x118
  • Level Lot
  • Back, Front, and Side Yard
  • 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
  • Driveway
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Gray Acres Subdivision

Listing and Financial Details

  • Tax Lot 087
  • Assessor Parcel Number 11-015.10-087

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,540

Year Built

Built in 2003

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Negotiatable
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Net Sq Ft: 2100.00
  • Price Per Sq Ft: 147.14
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • 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
  • Parking Features: Street
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • 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: 73500.00
  • Land Assessed Value: 12000.00
  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.19
  • Lot Dimensions: 87X118
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: NC6.5

Green Features

  • Green Remarks: Welcome to your new home! Truly move-in ready, enter through 2-sty Foyer with a dual staircase encased by a formal living room and dining area through to a spacious family room that is open to a breakfast area and a Kitchen with all the amenities includin

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2337775
  • Tax Annual Amount: 2540.00
  • Assessor Parcel Number: 11-015.10-087
  • Tax Lot: 087
  • Tax Year: 2014

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jun 23, 2015
Sold by
Davis Earl B and Davis Dawn M
Bought by
Wilke Troy Joseph and Dirnfeld Laura R
Seller's Agent
Dave Potts
Empower Real Estate, LLC
Buyer's Agent
MaryBeth Holder
EXP Realty, LLC
List Price
$309,000
Sold Price
$295,000
Premium/Discount to List
-$14,000
-4.53%
Current Estimated Value
$490,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,849
Avg. Annual Appreciation
4.82%
Original Mortgage
$280,250
Outstanding Balance
$217,756
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$265,202

Purchase Details

Closed on
Jul 3, 2003
Sold by
Magness Construction Co
Bought by
Davis Earl B and Davis Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

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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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
Wilke Troy Joseph $221,250 Old Republic Natl Ins Co
Davis Earl B $233,280 --
Magness Construction Co $2,030,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilke Troy Joseph $280,250
Previous Owner Davis Earl B $221,600
Previous Owner Magness Construction Co $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $295,000 -4.5% $140 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $309,000 -- $147 / 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 $3,763 $85,500 $12,000 $73,500
2023 $3,674 $85,500 $12,000 $73,500
2022 $3,652 $85,500 $12,000 $73,500
2021 $3,576 $85,500 $12,000 $73,500
2020 $3,486 $85,500 $12,000 $73,500
2019 $3,377 $85,500 $12,000 $73,500
2018 $3,027 $85,500 $12,000 $73,500
2017 $2,924 $85,500 $12,000 $73,500
2016 $2,897 $85,500 $12,000 $73,500
2015 $2,648 $85,500 $12,000 $73,500
2014 $2,659 $85,500 $12,000 $73,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002582284

Bright MLS

APN: 11-015.10-087