NOT LISTED FOR SALE

511 4th St Newark, DE 19711

Estimated Value: $309,000 - $347,077

3 Beds
2.5 Baths
1,625 Sq Ft
$204/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $274,000 $169 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,937/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Living Room
  • Wilson (Etta J.) Elementary School Rated 10
  • No HOA
  • Mobility Improvements

About This Home

As of October 2021

Best Lot in the Neighborhood! 511 4th St. is located in the heart of the well sought neighborhood, Green Valley. This home is welcoming, charming and well cared for by the owners! As you drive up, you’ll notice the curb appeal with the cleaned- up gardens, new beautiful flowers and fresh mulch. Enjoy having an end unit townhome, with brick front facade, that is situated on a fenced-in, premium lot, having the largest acreage in the community of .16. Note, the fence has the opportunity to expand out further on the right side and front of the home, if desired. This awesome backyard has room for play, parties, BBQ’s and so much more! The deck is all ready for you and has been recently power washed. Inside there is 3 spacious bedrooms, 2.5 baths, 2nd floor laundry, a large and comfy family room, Galley style kitchen and an unfinished basement. The kitchen has Stainless Steel appliances with a brand-new Dishwasher (2021). Rounding out the first floor is a dining room, powder room and office / den, perfect in the event you work from home. Heading downstairs to the super clean basement you’ll find loads of cabinets and space for storage. It has the potential to be one of many, ie. playroom, gym or even an extra living room. The opportunities are endless! For peace of mind, this home has great updates. Here are just a few: sump pump (2014), front and back windows and siding (2016/2017), and HVAC ( 2017). The home is conveniently located minutes away from Kirkwood highway with easy walking access to neighborhood playground, YMCA with pool, shopping centers like farmer's market, public library, local restaurants and Delaware Park and racetrack. Book your tour today, because this one won’t last long! PLEASE MAKE SURE ALL LIGHTS ARE TURNED OFF, AND ALL DOORS ARE LOCKED AFTER SHOWING. THANK YOU!

Last Agent to Sell the Property

Kerry Clark

(302) 561-5881 kerryclark@remax.net RE/MAX Associates - Newark License #RS-0021042 Listed on: 08/07/2021

RE/MAX Associates - Newark

Last Buyer's Agent

Francis Gilson

(302) 507-8113 bgilson@remax.net RE/MAX Associates - Newark

RE/MAX Associates - Newark

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 1988

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,625 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Accessible Home Design

  • Mobility Improvements

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Green Valley Subdivision

Listing and Financial Details

  • Tax Lot 484
  • Assessor Parcel Number 08-055.10-484

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,597

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Refrigerator, Washer & Dryer (All Appliances AS-IS)
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-08-07
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s)
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1625
  • Living Area Sq Ft: 1625
  • Price Per Sq Ft: 168.62
  • Above Grade Finished Sq Ft: 1625
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 44900.00
  • Land Assessed Value: 11900.00
  • Lot Features: Corner, Level
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Zoning: NCPUD
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2291637
  • Tax Annual Amount: 1597.00
  • Assessor Parcel Number: 08-055.10-484
  • Tax Lot: 484
  • Tax Year: 2012

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Oct 12, 2021
Sold by
Lounsbury Kyle T and Lounsbury Leah Kate
Bought by
Cordova Brandon K
Seller's Agent
Kerry Clark
RE/MAX Associates - Newark
Buyer's Agent
Francis Gilson
RE/MAX Associates - Newark
List Price
$259,000
Sold Price
$274,000
Premium/Discount to List
$15,000
5.79%
Current Estimated Value
$331,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,019
Avg. Annual Appreciation
4.57%
Original Mortgage
$219,200
Outstanding Balance
$199,890
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$131,129

Purchase Details

Listed on
Feb 4, 2013
Closed on
Mar 14, 2013
Sold by
Wpb Llc
Bought by
Lounsbury Kyle T and Lounsbury Leah Kate
Seller's Agent
Jim Pettit
RE/MAX Elite
Buyer's Agent
Mary Kate Johnston
RE/MAX Associates - Newark
List Price
$187,500
Sold Price
$185,000
Premium/Discount to List
-$2,500
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$181,623
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2012
Sold by
Gravino Guy J
Bought by
Wpb Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cordova Brandon K -- None Available
Lounsbury Kyle T $185,000 None Available
Wpb Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordova Brandon K $219,200
Previous Owner Lounsbury Kyle T $181,623
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $274,000 0.0% $169 / Sq Ft
08/12/2021 08/12/21 Price Changed $274,000 +5.8% $169 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $259,000 +40.0% $159 / Sq Ft
03/14/2013 03/14/13 Sold $185,000 -1.3% $114 / Sq Ft View Prior Sale
02/11/2013 02/11/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $187,500 -- $115 / 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 $2,496 $56,800 $11,900 $44,900
2023 $2,431 $56,800 $11,900 $44,900
2022 $2,414 $56,800 $11,900 $44,900
2021 $2,362 $56,800 $11,900 $44,900
2020 $2,297 $56,800 $11,900 $44,900
2019 $2,256 $56,800 $11,900 $44,900
2018 $230 $56,800 $11,900 $44,900
2017 $1,908 $56,800 $11,900 $44,900
2016 $1,908 $56,800 $11,900 $44,900
2015 $1,745 $56,800 $11,900 $44,900
2014 $1,746 $56,800 $11,900 $44,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2004068

Bright MLS

APN: 08-055.10-484