NOT LISTED FOR SALE

554 Salem Church Rd Newark, DE 19702

Estimated Value: $350,000 - $460,000

4 Beds
2.5 Baths
1,650 Sq Ft
$244/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $370,000 $224 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,287/month

4 Days on Market

Highlights

  • 1.08 Acre Lot
  • No HOA
  • Parking Storage or Cabinetry
  • Cape Cod Architecture
  • 1 Car Detached Garage
  • 90% Forced Air Heating and Cooling System

About This Home

As of August 2022

Do what you want when you want! You won’t find any deed restrictions or limitations on 554 Salem Church road and is one of the few large lots left in New Castle County with those perks. The 1.08 double sized lot backs up to county park land. On the property you will find a dreamy custom built cape cod with 4 bedrooms and 2.5 bath. The house has a brand new roof, all new fresh paint, and a new HVAC system. Inside you will find new floors that cascade from the dining room through the kitchen and down the hall into the main level bathroom. In the lower level master you will find an extremely convenient half bathroom. Beautiful hard wood floors finish out the down stairs living space and stairs. Making your way upstairs the house seems to open up to two huge sized bedrooms both having infinite closest space. Split between them is their own full bathroom. I promise once you make it out to 554 Salem church road you will fall in love just like I have. Book your appointment today you do not want to miss out!

Last Agent to Sell the Property

Tyler Varnes

(302) 584-8684 tyleralexanderv@gmail.com EXP Realty, LLC Listed on: 07/01/2022

EXP Realty, LLC

Last Buyer's Agent

Kim Schneider

(302) 893-5243 kim@c21gk.com Century 21 Gold Key Realty License #0036686

Century 21 Gold Key Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,945

Year Built

  • Built in 1967

Lot Details

  • 1.08 Acre Lot
  • Property is zoned NC21

Parking

  • 1 Car Detached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry

Home Design

  • Cape Cod Architecture
  • Asbestos

Interior Spaces

  • 1,650 Sq Ft Home
  • Property has 2 Levels
  • Basement
  • Connecting Stairway

Bedrooms and Bathrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Salem Trace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-040.00-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,945

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1967
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Living Area Units: Square Feet
  • Total Sq Ft: 1650
  • Living Area Sq Ft: 1650
  • Price Per Sq Ft: 212.12
  • Above Grade Finished Sq Ft: 1650
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos
  • 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: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% 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

  • Land Lease: No
  • Lot Size Acres: 1.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47045.00
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2304335
  • Tax Annual Amount: 1945.00
  • Assessor Parcel Number: 09-040.00-011
  • Tax Year: 2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 5, 2022
Sold by
Regester Garry H
Bought by
Devonshire Franklin and Veasey Taylor
Seller's Agent
Tyler Varnes
EXP Realty, LLC
Buyer's Agent
Kim Schneider
Century 21 Gold Key Realty
List Price
$349,999
Sold Price
$370,000
Premium/Discount to List
$20,001
5.71%
Current Estimated Value
$402,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,173
Avg. Annual Appreciation
2.53%
Original Mortgage
$357,651
Outstanding Balance
$341,354
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$60,819
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
Devonshire Franklin -- Ward & Taylor Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devonshire Franklin $357,651
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $370,000 +5.7% $224 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $349,999 -- $212 / 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 $2,048 $48,100 $11,100 $37,000
2023 $1,992 $48,100 $11,100 $37,000
2022 $413 $48,100 $11,100 $37,000
2021 $398 $48,100 $11,100 $37,000
2020 $398 $48,100 $11,100 $37,000
2019 $56 $48,100 $11,100 $37,000
2018 $50 $48,100 $11,100 $37,000
2017 $334 $48,100 $11,100 $37,000
2016 $334 $48,100 $11,100 $37,000
2015 $310 $48,100 $11,100 $37,000
2014 $310 $48,100 $11,100 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2026874

Bright MLS

APN: 09-040.00-011