NOT LISTED FOR SALE

506 W Hummock Ln Newark, DE 19702

Bear Neighborhood

Estimated Value: $522,346 - $562,000

4 Beds
3 Baths
3,450 Sq Ft
$157/Sq Ft Est. Value

About This Home

4BR/2.5BA Colonial with Finished Basement and 2-car garage. Hardwood floors throughout (except on stairs and in finished basement). Kitchen with solid surface counter tops, gas range and adjoining Breakfast Area. Slider to backyard Deck which overlooks wooded community open space for added privacy. Formal Living Room and Dining Room. Family Room with brick fireplace and built-ins. Updated Half Bath on Main Level. Large Laundry / Mud Room on main level (front load washer & dryer included) with full wall storage closet/organizer. Master Bedroom with Sitting Area (built-ins), tray ceiling and Walk-in Closet with built-in organizer, ceiling fan & recessed lights. Private MBath with double sink vanity, oversized stall shower, and corner soaking tub. Other 3 Bedrooms share an updated Hall Bath. All have built-in wardrobe units. All 4 Bedrooms have ceiling fans. Full finished basement with Den complete with Wet Bar and bonus room for storage. Location qualifies for the Newark Charter School. Convenient access to Rt1, I-95, and shopping. The application process includes credit, background, Employment and reference checks as well as proof of income/assets. No pets - firm.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2002
Sold by
Song Yan J
Bought by
Walekar Rakesh B and Walekar Tejal
Current Estimated Value
$541,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Outstanding Balance
$86,252
Interest Rate
7.15%
Estimated Equity
$455,585
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Walekar Rakesh B $239,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walekar Rakesh B $191,920
Closed Walekar Rakesh B $23,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2019 04/14/19 Rented $2,000 0.0% --
03/28/2019 03/28/19 Under Contract -- -- --
03/21/2019 03/21/19 For Rent $2,000 -- --

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 $4,395 $100,000 $20,200 $79,800
2023 $4,280 $100,000 $20,200 $79,800
2022 $4,250 $100,000 $20,200 $79,800
2021 $4,159 $100,000 $20,200 $79,800
2020 $4,045 $100,000 $20,200 $79,800
2019 $347 $100,000 $20,200 $79,800
2018 $3,507 $100,000 $20,200 $79,800
2017 $3,386 $100,000 $20,200 $79,800
2016 $3,360 $100,000 $20,200 $79,800
2015 -- $100,000 $20,200 $79,800
2014 -- $100,000 $20,200 $79,800
Source: Public Records

Agents Affiliated with this Home

  • Mark Adcock

    Seller's Agent in 2019

    Mark Adcock

    RE/MAX

    (302) 521-3669

    5 in this area

    32 Total Sales

    Mark Adcock
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Map

Delaware New Castle County Newark 19702 Bear

506 W Hummock Ln, Newark, DE

This home is located at 506 W Hummock Ln, Newark, DE 19702 and is currently estimated at $541,837, approximately $157 per square foot. 506 W Hummock Ln is a home located in New Castle County with nearby schools including Marshall (Thurgood) Elementary School, Christiana High School, and Kirk (George V.) Middle School.

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