NOT LISTED FOR SALE

624 Slate Dr Newark, DE 19702

Estimated Value: $487,370 - $559,000

4 Beds
4 Baths
2,700 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $525,000 $194 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,995/month

2 Days on Market

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • Premium Lot
  • View of Trees or Woods
  • Deck
  • Engineered Wood Flooring

About This Home

As of December 2024

Why wait for New Construction when this home has it all done for you and is located in the desirable Gray Acres neighborhood! From the moment you arrive, you'll be greeted by mature landscaping and professional flower gardens, setting the tone for what’s inside. Step into the two-story foyer with bamboo flooring that flows throughout the main level. The main level offers versatility with an office space or formal living room, as well as an adjacent formal dining room. The heart of the home lies in the remodeled kitchen, featuring Cambia quartz countertops, a stylish glass tile backsplash and updated stainless steel appliances with gas cooking. With two pantries, roll-out cabinets, and extra cabinetry under the bar, this kitchen offers both style and functionality. The adjacent family room is adorned with beautiful crown molding and custom-designed window valances, centered around a cozy gas fireplace. Step out onto the Trex deck and enjoy the private, wooded surroundings and frequent wildlife sightings. Rounding out this level is a stylish powder room. Upstairs, the primary suite offers vaulted ceilings, a custom-designed walk-in closet, and an updated full bath with a heated towel bar. Three additional bedrooms and another full bath complete the second floor. The finished basement adds 700 sq ft of living space with New DriCore insulated sub-flooring with new luxury vinyl flooring, including a workout area, a laundry room with an additional pedestal washer, a half bath. The family room has double exterior doors to let in plenty of natural light, walking out to the covered 2nd deck and hot tub area (negotiable). Gardeners will enjoy the low maintenance flower garden. More storage is found in the stand up attic with easy access pull down stairs. This home features countless updates including a new roof and gutter system (2021), HVAC (2019) serviced (2024), new windows (2019), extended driveway (2019), Bamboo flooring (2019), New Kitchen (2020) and all on a premium lot. It's like getting a new home without the wait! Located within the highly acclaimed Newark Charter School's five-mile radius and close to shopping, highways, and restaurants, yet tucked away in the peaceful enclave of Gray Acres, this home won't last long. Schedule your tour today and make this your forever home! One of the sellers is a licensed DE Real Estate Agent.

Last Agent to Sell the Property

Patti Carlson

(302) 593-5386 pcarlson@psre.com Patterson-Schwartz-Hockessin License #RS336167 Listed on: 09/20/2024

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Isha Shandilya

(888) 260-0040 myrealtor.isha@gmail.com Realty Mark Associates License #RS-330335

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,609

Year Built

  • Built in 2000

Lot Details

  • 7,841 Sq Ft Lot
  • Stone Retaining Walls
  • Landscaped
  • Premium Lot
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned NC6.5

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • Chair Railings
  • Ceiling Fan
  • Gas Fireplace
  • Views of Woods
  • Attic Fan

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range

Flooring

  • Engineered Wood
  • Bamboo
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry

Home Security

  • Home Security System
  • Exterior Cameras

Outdoor Features

  • Deck
  • Outbuilding
  • Rain Gutters

Utilities

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

Community Details

  • Gray Acres Maintenance Corp HOA
  • Gray Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1101510018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,609

Year Built

Built in 2000

Lot Details

0

HOA Fees

$15 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: see attached addendum
  • Inclusions: see attached addendum
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas
  • Flooring Type: Bamboo, Engineered Wood, Luxury Vinyl Plank
  • Interior Amenities: Attic/House Fan, Ceiling Fan(s), Chair Railings, Kitchen - Gourmet, Pantry, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Heated, Outside Entrance, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 254.50
  • Above Grade Finished Sq Ft: 2000
  • Below Grade Finished Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Concrete, Vinyl Siding
  • Exterior Features: Gutter System, Outbuilding(s), Sidewalks, Stone Retaining Walls
  • View: Trees/Woods
  • 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: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Security System
  • 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

  • Land Lease: No
  • Lot Features: Backs To Trees, Landscaping, Premium
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3609.00
  • Assessor Parcel Number: 1101510018
  • Tax Year: 2024

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Dec 12, 2024
Sold by
Carlson Jeremy D and Carlson Patti S
Bought by
Patel Keyur and Patel Anuja
Seller's Agent
Patti Carlson
Patterson-Schwartz-Hockessin
Buyer's Agent
Isha Shandilya
Realty Mark Associates
List Price
$509,000
Sold Price
$525,000
Premium/Discount to List
$16,000
3.14%
Views
109
Current Estimated Value
$514,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,407
Avg. Annual Appreciation
-1.77%
Original Mortgage
$420,000
Outstanding Balance
$415,109
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$99,484

Purchase Details

Closed on
Dec 28, 2005
Sold by
Calabretta Joseph M
Bought by
Carlson Jeremy D and Carlson Patti S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2003
Sold by
Thompson Genevieve L
Bought by
Calabretta Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
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
Patel Keyur $525,000 None Listed On Document
Carlson Jeremy D $312,000 --
Calabretta Joseph M $227,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Keyur $420,000
Previous Owner Carlson Jeremy D $249,600
Previous Owner Calabretta Joseph M $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $525,000 +3.1% $194 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $509,000 -- $189 / 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 $3,697 $84,000 $11,900 $72,100
2023 $3,609 $84,000 $11,900 $72,100
2022 $3,588 $84,000 $11,900 $72,100
2021 $3,513 $84,000 $11,900 $72,100
2020 $3,425 $84,000 $11,900 $72,100
2019 $3,310 $84,000 $11,900 $72,100
2018 $2,974 $84,000 $11,900 $72,100
2017 $2,873 $84,000 $11,900 $72,100
2016 $2,846 $84,000 $11,900 $72,100
2015 $2,602 $84,000 $11,900 $72,100
2014 $2,612 $84,000 $11,900 $72,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2068644

Bright MLS

APN: 11-015.10-018