NOT LISTED FOR SALE

64 Richards Ln Newark, DE 19711

Estimated Value: $571,000 - $730,000

5 Beds
3.5 Baths
-- Sq Ft
1.07 Acres

Last Sold October 21, 2024

Last sale price $650,000

Est. 2% decrease in value since last sale

Current estimated payment $3,748/month

2 Days on Market

Highlights

  • Filtered Pool
  • Colonial Architecture
  • Traditional Floor Plan
  • 1.07 Acre Lot
  • Deck
  • Main Floor Bedroom

About This Home

As of October 2024

Enjoy the gorgeous community setting of Covered Bridge Farms but avoid paying HOA Fees and the limitations of deed restrictions. Richards Lane is a private road within the community, so your options are open! This 5Br/3.1Ba home is only 10 years old!! It sits on a 1.07 acre lot and includes a large, welcoming pool where you can get lost in the serenity with decking/fencing overlooking the tranquil landscape. The main floor offers an open 2-story foyer flanked by an inviting Living Room w/Gas Fireplace & Crown Molding and a warm Dining Room featuring a lighted Tray Ceiling with gorgeous millwork throughout. The Main Floor Laundry Room (next to the Kitchen) includes a storage closet and a door that exits to the back deck. The bright and convenient Kitchen is accented by Cherry Cabinets, Granite Counters, Tile Backsplash, SS appliances, and a Breakfast Bar that overlooks the Dining area. The Primary Bedroom is located off of the Kitchen and Dining area with 2-walk-in closets, soft lush carpet, bright surrounding windows, and a set of French Doors that overlook the backyard. Topping this room off is the stunning bathroom, inclusive of a walk-in tile shower w/glass door, double vanity sinks, and a deep Jacuzzi tub! The 2nd floor includes 4 VERY generously sized bedrooms with loads of closet space. The largest bedroom (currently being used as a Den) is located over the 3-garage and boasts a full bathroom and a large closet. There is an additional full bathroom and an open balcony to complete the 2nd floor. The unfinished basement will convey with built-in shelves, 2-large workbenches, and a water treatment system with softener. There is a convenient egress door to the backyard. The massive 3-car garage comes with a dedicated heater, built-in shelves, 11' ceilings, a hose bib, and two garage door openers. This large lot offers endless options and the covered porch couldn't be more picturesque. Some Updates/Important Points: Tankless Water Heater (2021),Front Facing Washer/Dryer (2021), Dishwasher ((2020), Range (2021), Microwave (2023), 2-Zone HVAC (2014). A satisfactory Class H Septic Inspection was completed in July, 2024.

Last Agent to Sell the Property

Marcus Duphily

(302) 593-2828 mduphily@psre.com Patterson-Schwartz-Hockessin Listed on: 09/20/2024

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Peggy Centrella

(302) 234-5229 pcentrella@psre.com Patterson-Schwartz-Hockessin License #RS-0022047

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,169

Year Built

  • Built in 2014

Lot Details

  • 1.07 Acre Lot
  • Lot Dimensions are 257x170
  • Property is in excellent condition
  • Property is zoned NC21

Parking

  • 3 Car Direct Access Garage
  • 8 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Site Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Dining Area
  • Flood Lights

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Instant Hot Water

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry

Pool

  • Filtered Pool
  • Above Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Exterior Lighting
  • Wrap Around Porch

Schools

  • Downes Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Water Conditioner is Owned
  • On Site Septic

Community Details

  • No Home Owners Association
  • Covered Bridge Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-007.20-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,169

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Inclusions/Exclusions Addendum
  • Inclusions: See Inclusions/Exclusions Addendum
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2014
  • Year Renovated: 2014
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Extra Refrigerator/Freezer, Humidifier, Oven/Range - Gas, Stainless Steel Appliances, Washer, Water Conditioner - Owned, Water Heater - Tankless
  • Flooring Type: Carpet, Laminate Plank
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Recessed Lighting
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Heated, Interior Access, Outside Entrance, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed Plumbing, Stick Built
  • Exterior Features: Exterior Lighting, Flood Lights
  • Pool Features: Above Ground, Fenced, Filtered
  • Road Surface Type: Gravel
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Built In, Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 11
  • Type Of Parking: Attached Garage, Driveway, Off Site, On Street
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air, Humidifier
  • Heating: Yes
  • Hot Water: Propane, Instant Hot Water, Tankless
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent
  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Horses: No
  • Land Lease: No
  • Lot Size Acres: 1.07
  • Lot Dimensions: 257x170
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 46609.00
  • Outdoor Living Structures: Deck(s), Porch(es), Roof, Wrap Around
  • Property Condition: Excellent
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 5169.00
  • Assessor Parcel Number: 09-007.20-059
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Oct 21, 2024
Sold by
Cresswell Robert and Cresswell Colleen
Bought by
Marshall Victoria L and Reeve Jason A
Seller's Agent
Marcus Duphily
Patterson-Schwartz-Hockessin
Buyer's Agent
Peggy Centrella
Patterson-Schwartz-Hockessin
List Price
$599,900
Sold Price
$650,000
Premium/Discount to List
$50,100
8.35%
Views
136
Current Estimated Value
$636,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,886
Avg. Annual Appreciation
-1.70%
Original Mortgage
$617,500
Outstanding Balance
$611,008
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$25,106

Purchase Details

Closed on
Jun 11, 2015
Sold by
Miller Jason and Miller Jason P
Bought by
Cresswell Robert and Cresswell Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2009
Sold by
Miller Jason
Bought by
J P M Holdings Llc

Purchase Details

Closed on
Aug 19, 2004
Sold by
Richards Violet G
Bought by
Miller Jason

Purchase Details

Closed on
Jun 25, 2002
Sold by
Richards John T and Richards Violet G
Bought by
Richards Violet G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,350
Interest Rate
6.92%
Mortgage Type
Balloon
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
Marshall Victoria L $650,000 None Listed On Document
Cresswell Robert $415,000 None Available
J P M Holdings Llc -- None Available
Miller Jason $83,600 --
Richards Violet G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Victoria L $617,500
Previous Owner Cresswell Robert $332,000
Previous Owner Richards Violet G $67,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2024 10/21/24 Sold $650,000 +8.4% --
09/23/2024 09/23/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $599,900 -- --
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 $5,327 $125,100 $29,300 $95,800
2023 $5,181 $125,100 $29,300 $95,800
2022 $5,169 $125,100 $29,300 $95,800
2021 $5,060 $125,100 $29,300 $95,800
2020 $4,929 $125,100 $29,300 $95,800
2019 $4,355 $125,100 $29,300 $95,800
2018 $4,184 $125,100 $29,300 $95,800
2017 $4,035 $123,400 $29,300 $94,100
2016 $4,025 $123,400 $29,300 $94,100
2015 $3,667 $123,400 $29,300 $94,100
2014 -- $29,100 $29,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2068572

Bright MLS

APN: 09-007.20-059