NOT LISTED FOR SALE

507 Sepia Ct Newark, DE 19702

Estimated Value: $429,000 - $480,460

3 Beds
2.5 Baths
1,897 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 09, 2018

Last sale price $302,000 $159 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,752/month

32 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Living Room
  • Deck
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of October 2018

This charming colonial is located in the coveted Gray Acres. Mature landscaping makes the large lot private and inviting. A vaulted foyer creates a beautiful entry way. The open concept great room includes a family room, and eat in kitchen that features granite counters, bountiful cabinetry, and updated appliances. You will also find a spacious room, enclosed by frosted french doors, that can be used as an office, formal living, or play room. A laundry room and updated half bath complete the main floor. Upstairs are 3 large bedrooms. The master suite features a large walk-in closet, and 5 piece bath with jacuzzi tub. There is also a full bathroom off the hallway. Outdoors, you'll find a weeping willow, mature landscaping trees that create privacy, and a gorgeous deck for entertaining. Plenty of storage room is available with the 2 stall, attached garage, full unfinished basement, and a large shed at the rear of the home. There is also room to expand the home above the garage. Updated features and systems include: Refrigerator, dishwasher, washer, garbage disposal (2016); sump pump (2017). Home owners have also put 30k worth of updates into the laundry room, shed, flooring, landscaping, fence and other various updates! HVAC systems have been serviced every 6 months, continuously. Don't miss this opportunity to own this home, that has been meticulously kept, in a beautiful neighborhood that is convenient to I95, central to Philadelphia and Baltimore, and Route 1 for Christiana Mall and Delaware Beaches.

Last Agent to Sell the Property

John Quick

(302) 824-1659 john.quick@exprealty.com Crown Homes Real Estate License #RS-0024385 Listed on: 07/11/2018

Last Buyer's Agent

Charna Parler

(302) 437-5764 cprealtyfox@gmail.com RE/MAX Associates - Newark

RE/MAX Associates - Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,695

Year Built

  • Built in 2003

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 85x118
  • Property is in good condition
  • Property is zoned NC6.5

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,897 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Shed

Utilities

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

Community Details

  • Association fees include common area maintenance
  • Gray Acres Subdivision

Listing and Financial Details

  • Tax Lot 086
  • Assessor Parcel Number 11-015.10-086

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,695

Year Built

Built in 2003

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Ceiling Fan(s), Dining Area
  • Window Features: Energy Efficient
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1897
  • Living Area Sq Ft: 1897
  • Net Sq Ft: 1897.00
  • Price Per Sq Ft: 158.09
  • Above Grade Finished Sq Ft: 1897
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Exterior Features: Sidewalks
  • 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: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 95.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 70300.00
  • Land Assessed Value: 12100.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 85X118
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: NC6.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2337774
  • Tax Annual Amount: 2695.00
  • Assessor Parcel Number: 11-015.10-086
  • Tax Lot: 086
  • Tax Year: 2017

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Sep 9, 2018
Sold by
Owens Jeffrey K and Owens Sandra J
Bought by
Moses Rhashan J and Moses Falisha T
Seller's Agent
John Quick
Crown Homes Real Estate
Buyer's Agent
Charna Parler
RE/MAX Associates - Newark
List Price
$309,900
Sold Price
$302,000
Premium/Discount to List
-$7,900
-2.55%
Current Estimated Value
$465,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,615
Avg. Annual Appreciation
6.23%
Original Mortgage
$296,530
Outstanding Balance
$263,366
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$202,249

Purchase Details

Closed on
Feb 6, 2012
Sold by
Owens Jefrey K and Owens Sandra J
Bought by
Owens Jeffrey K and Owens Sandra J

Purchase Details

Closed on
Apr 28, 2006
Sold by
Bond Robert and Bond Yelena
Bought by
Owens Jefrey K and Owens Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2003
Sold by
Magness Construction Co
Bought by
Bond Robert and Bond Yelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,911
Interest Rate
4%
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
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Moses Rhashan J -- None Available
Owens Jeffrey K -- None Available
Owens Jefrey K $300,000 None Available
Bond Robert $214,889 --
Magness Construction Co $2,030,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moses Rhashan J $296,530
Previous Owner Owens Jefrey K $240,000
Previous Owner Bond Robert $171,911
Previous Owner Magness Construction Co $1,500,000
Closed Bond Robert $32,233
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2018 10/09/18 Sold $302,000 +0.7% $159 / Sq Ft
08/12/2018 08/12/18 Pending -- -- --
08/03/2018 08/03/18 Price Changed $299,900 -3.2% $158 / Sq Ft
07/11/2018 07/11/18 For Sale $309,900 0.0% $163 / Sq Ft
06/16/2017 06/16/17 Rented $1,950 0.0% --
05/04/2017 05/04/17 Under Contract -- -- --
04/09/2017 04/09/17 For Rent $1,950 +5.4% --
06/13/2014 06/13/14 Rented $1,850 0.0% --
04/28/2014 04/28/14 Under Contract -- -- --
04/01/2014 04/01/14 For Rent $1,850 -- --
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 $3,626 $82,400 $12,100 $70,300
2023 $3,541 $82,400 $12,100 $70,300
2022 $3,520 $82,400 $12,100 $70,300
2021 $3,447 $82,400 $12,100 $70,300
2020 $3,360 $82,400 $12,100 $70,300
2019 $3,264 $82,400 $12,100 $70,300
2018 $241 $82,400 $12,100 $70,300
2017 $2,792 $82,400 $12,100 $70,300
2016 $2,792 $82,400 $12,100 $70,300
2015 $2,552 $82,400 $12,100 $70,300
2014 $2,563 $82,400 $12,100 $70,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002024878

Bright MLS

APN: 11-015.10-086