NOT LISTED FOR SALE

516 Banyan Rd Newark, DE 19713

Estimated Value: $336,000 - $351,135

3 Beds
2 Baths
1,325 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $286,000 $216 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,030/month

5 Days on Market

Highlights

  • Cathedral Ceiling
  • Attic
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Butlers Pantry

About This Home

As of August 2022

Split level home in move-in condition. New central air unit. Fresh paint and new carpets throughout. Nice corner lot with fenced rear yard and oversized attached garage. Convenient location near schools and playground.

Last Agent to Sell the Property

Amy DeNardo

Tesla Realty Group, LLC Listed on: 07/08/2022

Tesla Realty Group, LLC

Last Buyer's Agent

Rich DiPrimio

Keller Williams Real Estate - West Chester

Keller Williams Real Estate - West Chester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,877

Year Built

  • Built in 1959

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 105.70 x 75.00
  • Back Yard Fenced
  • Corner Lot
  • Property is in excellent condition
  • Property is zoned NC6.5

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Off-Street Parking

Home Design

  • Split Level Home
  • Shingle Roof
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,325 Sq Ft Home
  • Property has 1.5 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Replacement Windows
  • Family Room
  • Living Room
  • Partial Basement
  • Laundry on lower level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-in Shower

Schools

  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Todd Estates Subdivision

Listing and Financial Details

  • Tax Lot 024
  • Assessor Parcel Number 09-022.30-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,877

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Inclusions: washer, dryer, refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Stall Shower, Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, High
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1.5
  • Room Count: 7
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1325
  • Living Area Sq Ft: 1325
  • Price Per Sq Ft: 210.57
  • Above Grade Finished Sq Ft: 1325
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: CHRISTINA
  • High School: NEWARK
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • High School: NEWARK

Lot Info

  • Fencing: Rear
  • Lot Features: Corner
  • Lot Size Acres: 0.19
  • Lot Dimensions: 105.70 x 75.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Property Condition: Very Good, Excellent
  • Year Assessed: 2021
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1491.00
  • Tax Annual Amount: 1877.00
  • Assessor Parcel Number: 09-022.30-024
  • Tax Lot: 024
  • Tax Total Finished Sq Ft: 1325
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/26/2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 26, 2022
Sold by
Simpson Timothy A
Bought by
Scull Nicholas B and Frail Jessica
Seller's Agent
Amy DeNardo
Tesla Realty Group, LLC
Buyer's Agent
Rich DiPrimio
Keller Williams Real Estate - West Chester
List Price
$279,000
Sold Price
$286,000
Premium/Discount to List
$7,000
2.51%
Total Days on Market
5
Views
8
Current Estimated Value
$343,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,034
Avg. Annual Appreciation
6.21%
Original Mortgage
$255,000
Outstanding Balance
$244,058
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$98,976

Purchase Details

Listed on
Sep 26, 2013
Closed on
Feb 14, 2014
Sold by
Hollister Thomas
Bought by
Simpson Timothy A
Seller's Agent
Holly Patrick
Patterson-Schwartz-Hockessin
Buyer's Agent
Von Guerrero
Tesla Realty Group, LLC
List Price
$193,400
Sold Price
$185,900
Premium/Discount to List
-$7,500
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$182,532
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 12, 2013
Closed on
Apr 12, 2013
Sold by
Hunter Patricia E
Bought by
Hollister Thomas
Seller's Agent
Jim Defrank
BHHS Fox & Roach-Chadds Ford
Buyer's Agent
Holly Patrick
Patterson-Schwartz-Hockessin
List Price
$95,000
Sold Price
$100,000
Premium/Discount to List
$5,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.20%
Source: Public Records

Range of Values:

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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
Scull Nicholas B -- None Listed On Document
Simpson Timothy A $185,900 None Available
Hollister Thomas $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scull Nicholas B $255,000
Previous Owner Simpson Timothy A $171,700
Previous Owner Simpson Timothy A $183,455
Previous Owner Simpson Timothy A $182,532
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $286,000 +2.5% $216 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $279,000 +50.1% $211 / Sq Ft
02/14/2014 02/14/14 Sold $185,900 0.0% $228 / Sq Ft
12/27/2013 12/27/13 Pending -- -- --
11/06/2013 11/06/13 Price Changed $185,900 -2.1% $228 / Sq Ft
10/22/2013 10/22/13 Price Changed $189,900 -1.8% $233 / Sq Ft
09/26/2013 09/26/13 For Sale $193,400 +93.4% $237 / Sq Ft
04/12/2013 04/12/13 Sold $100,000 +5.3% $75 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $95,000 -- $72 / 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 $1,976 $46,400 $9,300 $37,100
2023 $1,922 $46,400 $9,300 $37,100
2022 $1,917 $46,400 $9,300 $37,100
2021 $1,877 $46,400 $9,300 $37,100
2020 $1,828 $46,400 $9,300 $37,100
2019 $1,770 $46,400 $9,300 $37,100
2018 $195 $46,400 $9,300 $37,100
2017 $1,514 $46,400 $9,300 $37,100
2016 $1,514 $46,400 $9,300 $37,100
2015 $1,379 $46,400 $9,300 $37,100
2014 $1,278 $46,400 $9,300 $37,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2027328

Bright MLS

APN: 09-022.30-024