NOT LISTED FOR SALE

7 Steel Ct Newark, DE 19702

Estimated Value: $472,000 - $490,000

3 Beds
3.5 Baths
3,075 Sq Ft
$156/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $332,000 $108 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,831/month

77 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Living Room
  • Dining Room

About This Home

As of September 2019

This home located on private cul-de-sac in the esteemed Gray Acres community, is absolute beauty and has been extremely well maintained and updated with highest quality materials. The first thing you will notice is how impeccable the current owner maintained this home. Featuring a remodeled kitchen with granite countertop, hardwood flooring in 1st level, recessed lighting in all rooms, state of the art stainless steel appliances, gas cooking, new water heater, all new carpet, a new driveway, front porch and has been freshly painted from top to bottom. The basement is finished and creates even more living space with a full bath. This home is convenient to many places such as Glasgow Park, YMCA, University of Delaware, I-95 and is covered for Newark Charter School.

Last Agent to Sell the Property

KISHORE GONTU

(302) 218-9015 kishore.gontu@gmail.com Concord Realty Group Listed on: 06/06/2019

Concord Realty Group

Last Buyer's Agent

Lynne Holt

Lholt@psre.com Patterson-Schwartz-Middletown License #R3-0016526

Patterson-Schwartz-Middletown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 2001

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 70.00 x 109.20
  • Northeast Facing Home
  • Property is zoned NC6.5

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 4 Open Parking Spaces
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Central Vacuum
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Front Loading Washer

Schools

  • Mcvey Elementary School
  • Gauger-Cobbs Middle School
  • Glasgow High School

Utilities

  • Forced Air Heating and Cooling System
  • 120/240V
  • 110 Volts

Community Details

  • Gray Acres Subdivision

Listing and Financial Details

  • Tax Lot 132
  • Assessor Parcel Number 11-015.30-132

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,785

Year Built

Built in 2001

Lot Details

0

HOA Fees

$11 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Built-In Microwave, Central Vacuum, Dishwasher, Disposal, Dryer, Washer - Front Loading
  • Flooring Type: Hardwood, Carpet
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Fully Finished
  • Basement Finished Percent: 90.00
  • Total Sq Ft: 3075
  • Living Area Sq Ft: 3075
  • Price Per Sq Ft: 155.29
  • Above Grade Finished Sq Ft: 2125
  • Below Grade Finished Sq Ft: 950
  • Total Below Grade Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • 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
  • Open Parking Spaces Count: 4
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 110 Volts, 120/240V
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 130.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: MCVEY
  • High School: GLASGOW
  • Middle Or Junior School: GAUGER-COBBS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 69000.00
  • Land Assessed Value: 11900.00
  • Lot Size Acres: 0.18
  • Lot Dimensions: 70.00 x 109.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2337921
  • School Tax: 2114.00
  • Tax Annual Amount: 2785.00
  • Assessor Parcel Number: 11-015.30-132
  • Tax Lot: 132
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Sep 16, 2019
Sold by
Edara Sairamakrishna Reddy and Edara Manjusha
Bought by
Bell Nehemiah
Seller's Agent
KISHORE GONTU
Concord Realty Group
Buyer's Agent
Lynne Holt
Patterson-Schwartz-Middletown
List Price
$330,000
Sold Price
$332,000
Premium/Discount to List
$2,000
0.61%
Current Estimated Value
$481,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,162
Avg. Annual Appreciation
6.13%
Original Mortgage
$337,017
Outstanding Balance
$295,201
Interest Rate
3.6%
Estimated Equity
$185,961

Purchase Details

Closed on
May 9, 2016
Sold by
Edara Sairama and Edara Sairamakrishna Reddy
Bought by
Edara Sairamakrishna Reddy and Edara Manjusha

Purchase Details

Closed on
Mar 17, 2006
Sold by
Vidales Gustavo L
Bought by
Edara Sairama and Edara Sairamakrishna Reddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 22, 2001
Sold by
Magness Construction Co
Bought by
Vidales Gustavo L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,966
Interest Rate
6.92%
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
Bell Nehemiah -- None Available
Edara Sairamakrishna Reddy -- None Available
Edara Sairama $306,000 None Available
Vidales Gustavo L $184,175 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Nehemiah $337,017
Previous Owner Edara Sairama $244,800
Previous Owner Vidales Gustavo L $174,966
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2019 09/16/19 Sold $332,000 +0.6% $108 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
07/10/2019 07/10/19 Price Changed $330,000 0.0% $107 / Sq Ft
07/10/2019 07/10/19 For Sale $330,000 -2.9% $107 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $339,900 -- $111 / 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 $3,560 $80,900 $11,900 $69,000
2023 $3,476 $80,900 $11,900 $69,000
2022 $3,456 $80,900 $11,900 $69,000
2021 $3,384 $80,900 $11,900 $69,000
2020 $3,299 $80,900 $11,900 $69,000
2019 $3,417 $80,900 $11,900 $69,000
2018 $597 $80,900 $11,900 $69,000
2017 $2,741 $80,900 $11,900 $69,000
2016 $2,741 $80,900 $11,900 $69,000
2015 $2,506 $80,900 $11,900 $69,000
2014 $2,491 $80,100 $11,900 $68,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC480188

Bright MLS

APN: 11-015.30-132