NOT LISTED FOR SALE

512 Wake Forest Dr Newark, DE 19713

Estimated Value: $586,000 - $629,000

4 Beds
3 Baths
3,175 Sq Ft
$190/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $615,000 $194 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,525/month

1 Day on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Mud Room
  • Rambler Architecture
  • Bonus Room
  • Screened Porch

About This Home

As of February 2025

Deceptively large home with 3,175 square feet of living space. Huge finished lower level with its own kitchenette, dishwasher, full bath with shower, and multiple rooms. This space is perfect for long term guests or a home office. It also have its own mini split HVAC sytstem. When you enter this home you will see neutral colors, vaulted ceilings and updated flooring. The kitchen has maple cabinets, a deep double stainless sink and appliances, granite counters and and a pantry. Large dining room with crown molding. 4 Bedrooms on the main level with great closet space. These owners turned the porch into a 4 season room with tile floor and added a paver patio to rear yard. First floor laundry. Fenced yard. 2 car garage.

Last Agent to Sell the Property

Ross Weiner

(302) 655-7677 rossweiner@aol.com RE/MAX Associates-Wilmington Listed on: 01/30/2025

RE/MAX Associates-Wilmington

Last Buyer's Agent

Ross Weiner

(302) 655-7677 rossweiner@aol.com RE/MAX Associates-Wilmington Listed on: 01/30/2025

RE/MAX Associates-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 2004

Lot Details

  • 0.27 Acre Lot
  • Property is zoned NC10

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Public Parking
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Mud Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Screened Porch
  • Storage Room
  • Stainless Steel Appliances
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 120/240V
  • 60+ Gallon Tank

Community Details

  • Academy Hill Maintenance Corporation HOA
  • Academy Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-008.20-178

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,126

Year Built

Built in 2004

Lot Details

0

HOA Fees

$24 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2025-01-30
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Electric, Stainless Steel Appliances, Washer
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Mud Room, Office, Storage Room, Media Room, Bonus Room, Screened Porch
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3340
  • Living Area Sq Ft: 3175
  • Price Per Sq Ft: 298.68
  • Above Grade Finished Sq Ft: 1975
  • Below Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 165
  • Total Below Grade Sq Ft: 1365
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Asphalt
  • Spa: No
  • 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: Paved Parking, Public
  • Garage Features: Additional Storage Area, Garage - Front Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 290.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: ACADEMY HILL MAINTENANCE CORPORATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Zoning: NC10
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4126.00
  • Assessor Parcel Number: 11-008.20-178
  • Tax Year: 2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Feb 28, 2025
Sold by
Bingaman Paul and Bingaman Ann
Bought by
Britt Christian A
Seller's Agent
Ross Weiner
RE/MAX Associates-Wilmington
Buyer's Agent
Ross Weiner
RE/MAX Associates-Wilmington
List Price
$589,900
Sold Price
$615,000
Premium/Discount to List
$25,100
4.25%
Views
72
Current Estimated Value
$602,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,157
Avg. Annual Appreciation
-3.02%
Original Mortgage
$584,250
Outstanding Balance
$580,865
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$21,978

Purchase Details

Closed on
Nov 12, 2004
Sold by
Magness Contruction Co
Bought by
Degregory Joseph V and Degregory Kristin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,780
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Britt Christian A $615,000 None Listed On Document
Degregory Joseph V $353,435 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Britt Christian A $584,250
Previous Owner Degregory Joseph V $282,780
Closed Degregory Joseph V $35,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $615,000 +4.3% $194 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $589,900 +35.6% $186 / Sq Ft
10/09/2020 10/09/20 Sold $435,000 0.0% $137 / Sq Ft View Prior Sale
09/13/2020 09/13/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $435,000 0.0% $137 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $435,000 -- $137 / 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 $3,954 $101,200 $13,400 $87,800
2023 $3,849 $101,200 $13,400 $87,800
2022 $3,823 $101,200 $13,400 $87,800
2021 $4,233 $101,200 $13,400 $87,800
2020 $4,127 $101,200 $13,400 $87,800
2019 $4,229 $101,200 $13,400 $87,800
2018 $402 $101,200 $13,400 $87,800
2017 $3,429 $101,200 $13,400 $87,800
2016 $3,429 $101,200 $13,400 $87,800
2015 $3,134 $101,200 $13,400 $87,800
2014 $3,147 $101,200 $13,400 $87,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2075062

Bright MLS

APN: 11-008.20-178