NOT LISTED FOR SALE

622 Slate Dr Newark, DE 19702

Estimated Value: $460,000 - $526,000

4 Beds
2.5 Baths
2,541 Sq Ft
$195/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $449,000 $177 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,916/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Private Lot
  • 2 Fireplaces
  • Deck
  • Partially Wooded Lot
  • Enclosed Patio or Porch

About This Home

As of December 2022

Welcome to Gray Acres, this gorgeous Sapphire model home is situated on a private yard backing to the woods. New luxury vinyl plank flooring flows through the main level of the home creating a cohesive look throughout. The large foyer greets you with a soaring staircase as you enter the home, perfect for all your holiday photos! Light fills the formal living room with the beautiful bay window continuing onto the formal dining room perfect for all your gatherings. Travel to the updated kitchen complete with new stainless-steel appliances, tiled backsplash, and stylish granite countertops. The breakfast room provides even more space to your kitchen opening to the cozy family room. The insulated four-seasons room can be enjoyed year-round with the addition of its own heat/ac unit and tinted windows. Enjoy watching the deer travel through the woods on the oversized composite deck while the new 6ft vinyl fence creates your own little oasis. A large primary suite with a 10X10 sitting room is ready at the end of your busy day. Owners five piece on-suite and a walk-in closet complete the space. Laundry is located on the second level making this chore a breeze. Three additional large bedrooms along with a full bath rounds out the second level. Looking for more entertaining space, the finished basement has a fantastic game room. Now for one more surprise, get your popcorn ready to enjoy in the movie room. The owners have lovingly maintained their home with updates throughout, a new roof 2022, new drive-way 2022, new vinyl fence 2019, new paint and flooring 2021, and much more. Close to shopping, community parks, and easy access to I95. This home is also within a 5-mile radius of the highly acclaimed Newark Charter School. Schedule your tour today, homes in this community do not last long!

Last Agent to Sell the Property

Patti Carlson

(302) 593-5386 pcarlson@psre.com Patterson-Schwartz-Hockessin License #RS336167 Listed on: 11/11/2022

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Kathleen Carney

(610) 476-1109 kcarney414@gmail.com Compass RE License #RS224157L

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,579

Year Built

  • Built in 2004

Lot Details

  • 7,405 Sq Ft Lot
  • Vinyl Fence
  • Private Lot
  • Secluded Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is zoned NC6.5

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Bump-Outs
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

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

Community Details

  • Gray Acres Maintenance Corp HOA
  • Gray Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1101510047

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,579

Year Built

Built in 2004

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: see attached
  • Inclusions: see attached
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2004
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Other
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2541
  • Living Area Sq Ft: 2541
  • Price Per Sq Ft: 193.12
  • Above Grade Finished Sq Ft: 2325
  • Below Grade Finished Sq Ft: 216
  • Total Below Grade Sq Ft: 216
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Bump-Outs, Exterior Lighting, Sidewalks, Street Lights
  • 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 - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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

  • HOA Fees: 180.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: GRAY ACRES MAINTENANCE CORP
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Vinyl
  • Land Lease: No
  • Lot Features: Backs To Trees, Partly Wooded, Private, Secluded
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Deck(s), Porch(es), Enclosed
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 3579.00
  • Assessor Parcel Number: 1101510047
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Dec 15, 2022
Sold by
Schiano Gary and Schiano Krista J
Bought by
Sieh Augustine S and Sieh Patience M
Seller's Agent
Patti Carlson
Patterson-Schwartz-Hockessin
Buyer's Agent
Kathleen Carney
Compass RE
List Price
$449,000
Sold Price
$449,000
Current Estimated Value
$494,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,657
Avg. Annual Appreciation
3.29%
Original Mortgage
$440,867
Outstanding Balance
$426,792
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$67,865

Purchase Details

Closed on
Oct 27, 2004
Sold by
Magness Construction Co
Bought by
Schiano Gary and Schiano Krista J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,450
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2001
Sold by
Magness Donald L and Will Of A Gray Magness
Bought by
Magness Construction Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sieh Augustine S -- --
Schiano Gary $299,340 --
Magness Construction Co $2,030,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sieh Augustine S $440,867
Previous Owner Schiano Gary $239,450
Previous Owner Magness Construction Co $1,500,000
Closed Schiano Gary $29,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2022 12/15/22 Sold $449,000 0.0% $177 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $449,000 -- $177 / 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 $3,688 $83,800 $11,900 $71,900
2023 $3,601 $83,800 $11,900 $71,900
2022 $3,580 $83,800 $11,900 $71,900
2021 $3,505 $83,800 $11,900 $71,900
2020 $3,417 $83,800 $11,900 $71,900
2019 $3,406 $83,800 $11,900 $71,900
2018 $2,967 $83,800 $11,900 $71,900
2017 $2,866 $83,800 $11,900 $71,900
2016 $2,839 $83,800 $11,900 $71,900
2015 $2,595 $83,800 $11,900 $71,900
2014 $2,606 $83,800 $11,900 $71,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2034394

Bright MLS

APN: 11-015.10-047