NOT LISTED FOR SALE

555 Salem Church Rd Newark, DE 19702

Estimated Value: $422,000 - $578,000

3 Beds
2 Baths
2,550 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $350,000 $137 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,825/month

27 Days on Market

Highlights

  • 0.53 Acre Lot
  • No HOA
  • Fireplace
  • Rambler Architecture
  • 2 Car Detached Garage
  • Parking Storage or Cabinetry

About This Home

As of March 2022

They don't build them like this anymore!!! All brick 2500+ sq.ft ranch situated on a half acre lot (.52) awaits the buyer who is willing to roll their sleeves up and make it shine. Hardwood floors, a wood burning fireplace in the living room, a formal dining room w slider to the relaxing rear patio, plenty of closet space & storage galore... There is a convenient first floor laundry just off the eat in kitchen, a massive full basement with a perimeter french-drain system is just waiting to be finished, a two car detached garage, a built in outside barbecue, a private veranda off the master suite,..the possibilities are endless.

Last Agent to Sell the Property

Timothy Lukk

(302) 367-8310 tlukk@remax.net VRA Realty Listed on: 11/16/2021

Last Buyer's Agent

Daniel Duncan

(302) 729-8090 1dunc@comcast.net RE/MAX Edge

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.53 Acre Lot

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,550 Sq Ft Home
  • Property has 1 Level
  • Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Water Proofing System
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0904000002

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Washer, dryer, refrigerator
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1965
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full, Sump Pump, Water Proofing System
  • Laundry Type: Main Floor
  • Total Sq Ft: 2550
  • Living Area Sq Ft: 2550
  • Price Per Sq Ft: 141.96
  • Above Grade Finished Sq Ft: 2550
  • 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
  • Construction Materials: Brick, Concrete
  • 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
  • Garage Features: Garage - Side Entry, Garage Door Opener, Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

  • Lot Size Acres: 0.53
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23086.80
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2304326
  • Assessor Parcel Number: 0904000002
  • Tax Year: 2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Mar 7, 2022
Sold by
Robert Suppe Sr Matthew
Bought by
Flowers Joel W and Manzan Margarita
Seller's Agent
Timothy Lukk
VRA Realty
Buyer's Agent
Daniel Duncan
RE/MAX Edge
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Current Estimated Value
$494,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,197
Avg. Annual Appreciation
9.64%
Original Mortgage
$264,900
Outstanding Balance
$247,052
Interest Rate
3.76%
Mortgage Type
FHA
Estimated Equity
$247,145

Purchase Details

Closed on
Jan 29, 1989
Bought by
Suppe Mareen
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
Flowers Joel W -- Cramer & Dimichele Pa
Suppe Mareen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flowers Joel W $264,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Sold $350,000 -3.3% $137 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/01/2021 12/01/21 Price Changed $362,000 -9.3% $142 / Sq Ft
11/16/2021 11/16/21 For Sale $399,000 -- $156 / 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 $2,702 $107,200 $9,900 $97,300
2023 $4,440 $107,200 $9,900 $97,300
2022 $4,429 $107,200 $9,900 $97,300
2021 $4,005 $111,800 $14,500 $97,300
2020 $4,005 $111,800 $14,500 $97,300
2019 $3,711 $111,800 $14,500 $97,300
2018 $276 $111,800 $14,500 $97,300
2017 $3,147 $111,800 $14,500 $97,300
2016 $3,147 $111,800 $14,500 $97,300
2015 $2,822 $111,800 $14,500 $97,300
2014 $2,821 $111,800 $14,500 $97,300
Source: Public Records

Agents Affiliated with this Home

  • Timothy Lukk

    Seller's Agent in 2022

    Timothy Lukk

    VRA Realty

    (302) 367-8310

    3 in this area

    48 Total Sales

    Timothy Lukk
    Section Image
  • Daniel Duncan

    Buyer's Agent in 2022

    Daniel Duncan

    RE/MAX

    (302) 729-8090

    5 in this area

    54 Total Sales

    Daniel Duncan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2010632

Bright MLS

APN: 09-040.00-002

Delaware New Castle County Newark 19702

555 Salem Church Rd, Newark, DE

Not Listed for Sale

Detached

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