NOT LISTED FOR SALE

511 Wake Forest Dr Newark, DE 19713

Estimated Value: $506,806 - $599,000

3 Beds
2 Baths
1,950 Sq Ft
$292/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $365,000 $187 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,350/month

10 Days on Market

Highlights

  • Rambler Architecture
  • Great Room
  • Forced Air Heating and Cooling System
  • West Park Place Elementary School Rated A-
  • 2 Car Attached Garage
  • Dining Room

About This Home

As of June 2020

Video Tour: https://pingxurealestate.com/511-wake-forest-video-tour/ Rarely available ranch home in sought after community of Academy Hills. Situated on a beautiful lot backing to trees, this property boasts of the nicely sized entry foyer, a spacious great room (17x14) with a gas fireplace, a huge kitchen (19x10) with an eat-in area (9x10), three good sized bedrooms, and a very spacious walkout basement. The enormous master bedroom (21x12) features a walk-in closet and a master bath with double vanities and stall shower. Two other bedrooms are nicely sized as well. Original owner. Property has been occupied by one senor for a long time. Very convenient location: This house is minutes from the University of Delaware and is in the five-mile radius for Newark Charter School. It is minutes to downtown Newark, Route 896, and I-95, 15 minutes to Christina Mall/Costco, and 25 minutes to downtown Wilmington.

Last Agent to Sell the Property

Ping Xu

(302) 442-4200 jessicastiner@remax.net RE/MAX Edge License #RA-0030970 Listed on: 05/03/2020

Last Buyer's Agent

Kevin Murphy

(610) 444-9090 jerry.strusowski@foxroach.com BHHS Fox & Roach-Kennett Sq

BHHS Fox & Roach-Kennett Sq

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,488

Year Built

  • Built in 2004

Lot Details

  • 10,454 Sq Ft Lot
  • Property is zoned NC10

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,950 Sq Ft Home
  • Property has 1 Level
  • Gas Fireplace
  • Great Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • West Park Place Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • 120/240V
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Academy Hill Maintenance Corporation HOA
  • Academy Hill Subdivision

Listing and Financial Details

  • Tax Lot 170
  • Assessor Parcel Number 11-008.20-170

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,488

Year Built

Built in 2004

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer, and Dryer - All "AS IS."
  • New Construction: No
  • Story List: Main
  • Year Built: 2004
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Great Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 194.82
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Vinyl Siding, Aluminum Siding
  • Roof: 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available, Electric Available, Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 240.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: ACADEMY HILL MAINTENANCE CORPORATION
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: WEST PARK PLACE
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 87000.00
  • Land Assessed Value: 13200.00
  • Lot Size Acres: 0.24
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Zoning: NC10
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2336203
  • School Tax: 2661.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3488.00
  • Assessor Parcel Number: 11-008.20-170
  • Tax Lot: 170
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2020
Closed on
Jun 12, 2020
Sold by
Chao Chia Hsia and Shyuan Hsia Revocable Trust
Bought by
Gould Michele
Seller's Agent
Ping Xu
RE/MAX Edge
Buyer's Agent
Kevin Murphy
BHHS Fox & Roach-Kennett Sq
List Price
$379,990
Sold Price
$365,000
Premium/Discount to List
-$14,990
-3.94%
Current Estimated Value
$569,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,202
Avg. Annual Appreciation
8.21%
Original Mortgage
$292,000
Outstanding Balance
$258,836
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$310,366

Purchase Details

Closed on
Jan 26, 2006
Sold by
Hsia Shyuan and Revocable Trust Of Shyuan Hsia
Bought by
Hsia Shyuan and Revocable Trust Of Shyuan Hsia

Purchase Details

Closed on
Nov 28, 2005
Sold by
Hsia Shyuan
Bought by
Hsia Shyuan and Revocable Trust Of Shyuan Hsia

Purchase Details

Closed on
Jan 16, 2004
Sold by
Magness Construction Co
Bought by
Hsia Shyuan
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
Gould Michele $365,000 None Available
Hsia Shyuan -- None Available
Hsia Shyuan -- --
Hsia Shyuan $300,410 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gould Michele $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2020 06/13/20 Price Changed $365,000 0.0% $187 / Sq Ft
06/12/2020 06/12/20 Sold $365,000 -3.9% $187 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/03/2020 05/03/20 For Sale $379,990 -- $195 / Sq Ft
Source: Bright MLS

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 $4,458 $101,300 $13,200 $88,100
2023 $4,353 $101,300 $13,200 $88,100
2022 $4,280 $101,300 $13,200 $88,100
2021 $4,191 $100,200 $13,200 $87,000
2020 $3,271 $100,200 $13,200 $87,000
2019 $36 $100,200 $13,200 $87,000
2018 $36 $100,200 $13,200 $87,000
2017 $2,533 $100,200 $13,200 $87,000
2016 $2,533 $100,200 $13,200 $87,000
2015 $2,240 $100,200 $13,200 $87,000
2014 $2,253 $100,200 $13,200 $87,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC500492

Bright MLS

APN: 11-008.20-170