512 Wake Forest Dr Newark, DE 19713
5
Beds
3
Baths
3,175
Sq Ft
0.27
Acres
Highlights
- Home Theater
- Rambler Architecture
- Bonus Room
- Open Floorplan
- Wood Flooring
- Mud Room
About This Home
As of February 2025Visit this home virtually: http://www.vht.com/434096466/IDXS - Beautiful, modern, customized ranch in Academy Hill! Over 3,175 square feet of living space, and many upgrades! This well maintained home showcases 4 bedrooms and 2 full baths just on the main floor! As you enter the home through the foyer, the house opens into the living room and formal dining room, boasting 9 ft. cathedral ceilings and new subflooring and flooring, which flows throughout the hallways, dining room, kitchen and mudroom. The original owners added a 2-ft bump out, expanding the size of the kitchen and complimentary mud room. Newer stainless steel appliances and granite countertops grace the open-concept kitchen. Next to the kitchen is the mud room, which includes a high end washer and dryer, along with plenty of storage space. The living room leads to a 16 x 12 screened in porch with views of a fenced in, meticulously landscaped backyard. The enormous master bedroom comes with lots of closet space and a master bath, accompanied by double vanities and stall shower/tub. 3 nice sized additional bedrooms are also on the main floor, along with a full bath. The finished basement includes a media room (45 x 17), office (10 x 11), work-out room (8 x 9) and potential fifth bedroom (10 x 12), complete with a walk-in closet (6 x 7). A full bath is also located in the finished basement as well! In addition, you will find a (15 x 11) storage room and coded egress! The expanded 2-car garage has plenty of storage space with built in shelving throughout. Detailed landscaping wraps around all 4-sides of the home. Fresh paint on the main floor (August/2020), HVAC (2019), subflooring and flooring on the main level (2019), asphalt driveway (2018), and stainless steel appliances (2016) are recent upgrades. This energy efficient home is powered by natural gas! Great schools, shopping, the University of Delaware, downtown Newark, Rt. 896, and I-95 are all minutes away. All in all, a combined 3,175 sq. ft., 5 bedrooms and 3 full baths makes this attractive ranch in Academy Hill a site to be seen! It won’t last long! Schedule a showing today!
Last Agent to Sell the Property
BHHS Fox & Roach - Hockessin License #R3-0019815 Listed on: 08/28/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,126
Year Built
- Built in 2004
Lot Details
- 0.27 Acre Lot
- Property is in excellent condition
- Property is zoned NC10
HOA Fees
- $23 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
- Home Theater
- Den
- Bonus Room
- Screened Porch
- Storage Room
- Stainless Steel Appliances
- Finished Basement
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
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 1100820178
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,254
Avg. Annual Appreciation
3.30%
Original Mortgage
$584,250
Outstanding Balance
$581,846
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$43,408
Purchase Details
Listed on
Aug 28, 2020
Closed on
Oct 8, 2020
Sold by
Degregory Joseph V and Degregory Kristin L
Bought by
Bingaman Paul and Bingaman Ann
Seller's Agent
Scott Farnan
BHHS Fox & Roach - Hockessin
Buyer's Agent
Michael Kelczewski
Monument Sotheby's International Realty
List Price
$435,000
Sold Price
$435,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Purchase Details
Listed on
Aug 28, 2020
Closed on
Oct 3, 2020
Sold by
Degregory Joseph V and Degregory Kristin L
Bought by
Bingaman Paul and Bingaman Ann
Seller's Agent
Scott Farnan
BHHS Fox & Roach - Hockessin
Buyer's Agent
Michael Kelczewski
Monument Sotheby's International Realty
List Price
$435,000
Sold Price
$435,000
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
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $615,000 | None Listed On Document | |
| Deed | -- | None Available | |
| Warranty Deed | -- | Giordano Delcollo Werb & Gagne | |
| Deed | $353,435 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $584,250 | New Conventional | |
| Previous Owner | $292,119 | New Conventional | |
| Previous Owner | $344,850 | New Conventional | |
| Previous Owner | $355,000 | Unknown | |
| Previous Owner | $355,000 | Unknown | |
| Previous Owner | $282,780 | Purchase Money Mortgage | |
| Closed | $35,340 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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
-
Ross Weiner
Seller's Agent in 2025
Ross Weiner
RE/MAX
(302) 655-7677
4 in this area
123 Total Sales
-
Scott Farnan
Seller's Agent in 2020
Scott Farnan
BHHS Fox & Roach
(302) 528-8276
12 in this area
214 Total Sales
-
Michael Kelczewski
Buyer's Agent in 2020
Michael Kelczewski
Monument Sotheby's International Realty
(302) 383-1983
4 in this area
83 Total Sales
Map
Source: Bright MLS
MLS Number: DENC507326
APN: 11-008.20-178
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