NOT LISTED FOR SALE

7 Forest Ridge Newark, DE 19711

Estimated Value: $718,000 - $811,000

4 Beds
3.5 Baths
5,000 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $510,000 $102 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,788/month

49 Days on Market

Highlights

  • Contemporary Architecture
  • Recreation Room
  • Sun or Florida Room
  • Wilson (Etta J.) Elementary School Rated 9+
  • 1 Fireplace
  • Mud Room

About This Home

As of November 2020

Wow!! 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

John Ford

RE/MAX Associates-Hockessin License #RB-0003054 Listed on: 07/08/2020

RE/MAX Associates-Hockessin

Last Buyer's Agent

Megan Aitken

Keller Williams Realty License #RE0020721

Keller Williams Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,938

Year Built

Built in 1993

Lot Details

0

HOA Fees

$27 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: Curtains in Main Bedroom on First Floor and in upstairs office.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-07-08
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Remarks Public: Wow!! 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.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Bedroom 1, Sun/Florida Room, Mud Room, Office, Recreation Room
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 5000
  • Living Area Sq Ft: 5000
  • Price Per Sq Ft: 103.00
  • Above Grade Finished Sq Ft: 5000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 325.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 151000.00
  • Land Assessed Value: 25100.00
  • Lot Size Acres: 0.50
  • Lot Dimensions: 89.00 x 287.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Year Assessed: 2020
  • Zoning: NC21
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 2287040
  • School Tax: 5475.00
  • Tax Annual Amount: 6938.00
  • Assessor Parcel Number: 08-048.20-205
  • Tax Lot: 205
  • Tax Total Finished Sq Ft: 5000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/02/2020

MLS Schools

  • School District Name: CHRISTINA

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
$751,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,508
Avg. Annual Appreciation
8.60%
Original Mortgage
$484,500
Outstanding Balance
$432,880
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$323,060

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
Source: Public Records

Range of Values:

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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
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

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 $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

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Map

Source: Bright MLS

MLS Number: DENC504424

Bright MLS

APN: 08-048.20-205