7 Forest Ridge Newark, DE 19711
Eastern Newark NeighborhoodEstimated Value: $716,000 - $796,000
4
Beds
3.5
Baths
5,000
Sq Ft
$152/Sq Ft
Est. Value
Highlights
- 0.5 Acre Lot
- Contemporary Architecture
- 1 Fireplace
- Wilson (Etta J.) Elementary School Rated 9+
- Recreation Room
- Sun or Florida Room
About This Home
As of November 2020Wow!! What a great value. So much to offer and priced to sell. This great home includes a first-floor main bedroom suite, offices areas, entertainment rooms, and MORE. The exquisite marble foyer opens up into your two-story vaulted ceiling and magnificent family room. Generous natural light pours into the grand family area - adorned with a gas fireplace, resting in a brick hearth. The kitchen was recently updated to create an upscale modern feel, dressed in granite countertops, a chefs island, convection oven and 42 in. cabinets with under cabinet lighting to enhance the aesthetic tile backsplash. The main floor also includes a spacious formal dining room, a 3-season sunroom, and a dream laundry room/mud room. Retreat into the first floor main bedroom suite. Your get-away includes a full walk-in closet and a gorgeous main bathroom with tiled flooring, a soaking garden tub lined with jets, and an extra-large walk-in shower. BUT WAIT, THERE'S MORE.. an open second floor with another full bath and two bedrooms that both provide plenty of storage space, with the option of creating an in-law suite. The lower level is comprised of an entertainment area, two more nicely sized bedrooms, a full bath, AND a bonus game room that leads to even more fun. You'll be entertained and entertain others forever in this well cared for home. Fenced private rear yard. Two car garage. Nestled into the exclusive community located in the White Clay preserve in Pike Creek.
Last Agent to Sell the Property
RE/MAX Associates-Hockessin License #RB-0003054 Listed on: 07/08/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,938
Year Built
- Built in 1993
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 89.00 x 287.10
- Property is zoned NC21
HOA Fees
- $27 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Oversized Parking
- Driveway
Home Design
- Contemporary Architecture
- Stucco
Interior Spaces
- 5,000 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Mud Room
- Family Room
- Den
- Recreation Room
- Game Room
- Sun or Florida Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Community Details
- Creek Landing Subdivision
Listing and Financial Details
- Tax Lot 205
- Assessor Parcel Number 08-048.20-205
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2020
Closed on
Oct 26, 2020
Sold by
Epstein Eddie and Epstein Vikki V
Bought by
Thomas Justin E and Caban Elisha
Seller's Agent
John Ford
RE/MAX Associates-Hockessin
Buyer's Agent
Megan Aitken
Keller Williams Realty
List Price
$524,990
Sold Price
$510,000
Premium/Discount to List
-$14,990
-2.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,139
Avg. Annual Appreciation
8.94%
Original Mortgage
$484,500
Outstanding Balance
$436,739
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$321,400
Purchase Details
Closed on
Dec 18, 2016
Sold by
Epstein Eddie and Epstein Vikki
Bought by
Ts Trust
Purchase Details
Closed on
Jun 27, 2016
Sold by
Iwp Trust
Bought by
Epstein Eddie and Epstein Vikki
Purchase Details
Closed on
Nov 18, 2011
Sold by
Epstein Eddie and Epstein Vikki
Bought by
Epstein Eddie and Epstein Vikki
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2010
Sold by
Reinert Leroy P and Reinert Janice H
Bought by
Epstein Eddie and Epstein Vikki
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
4.98%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thomas Justin E | -- | None Available | |
| Ts Trust | -- | None Available | |
| Epstein Eddie | -- | None Available | |
| Epstein Eddie | -- | None Available | |
| Epstein Eddie | $479,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thomas Justin E | $484,500 | |
| Previous Owner | Epstein Eddie | $366,000 | |
| Previous Owner | Epstein Eddie | $374,000 | |
| Previous Owner | Reinert Leroy P | $408,466 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/02/2020 11/02/20 | Sold | $510,000 | -1.0% | $102 / Sq Ft |
| 08/27/2020 08/27/20 | Pending | -- | -- | -- |
| 08/24/2020 08/24/20 | Price Changed | $515,000 | -1.4% | $103 / Sq Ft |
| 08/13/2020 08/13/20 | Price Changed | $522,500 | -0.5% | $105 / Sq Ft |
| 08/03/2020 08/03/20 | Price Changed | $524,880 | 0.0% | $105 / Sq Ft |
| 07/08/2020 07/08/20 | For Sale | $524,990 | -- | $105 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,750 | $176,100 | $25,100 | $151,000 |
| 2023 | $7,567 | $176,100 | $25,100 | $151,000 |
| 2022 | $7,523 | $176,100 | $25,100 | $151,000 |
| 2021 | $7,366 | $176,100 | $25,100 | $151,000 |
| 2020 | $7,181 | $176,100 | $25,100 | $151,000 |
| 2019 | $6,657 | $176,100 | $25,100 | $151,000 |
| 2018 | $253 | $176,100 | $25,100 | $151,000 |
| 2017 | -- | $176,100 | $25,100 | $151,000 |
| 2016 | -- | $176,100 | $25,100 | $151,000 |
| 2015 | $5,454 | $176,100 | $25,100 | $151,000 |
| 2014 | $4,566 | $162,900 | $25,100 | $137,800 |
Source: Public Records
Agents Affiliated with this Home
-
John Ford
Seller's Agent in 2020
John Ford
RE/MAX
(302) 740-7350
8 in this area
77 Total Sales
-
Megan Aitken
Buyer's Agent in 2020
Megan Aitken
Keller Williams Realty
(302) 528-9124
6 in this area
623 Total Sales
Map
Source: Bright MLS
MLS Number: DENC504424
APN: 08-048.20-205
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