NOT LISTED FOR SALE

7 Verbena Dr Newark, DE 19711

Estimated Value: $817,000 - $890,000

4 Beds
3.5 Baths
4,375 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $547,000 $125 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,923/month

77 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Attic
  • North Star Elementary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of October 2014

The park-like setting makes this house the one you will want to make your new home! Not to mention being in the North Start Elementary feeder! Instant appeal is evident as you drive up to the house with professionally manicured gardens and lawn. A grand two-story foyer with dental and crown moldings that will entice you to see more. The upgraded kitchen includes granite counters,butler's pantry and under cabinet lighting. The breakfast nook has a bump-out for extra space. The dining room features crown molding and a chair rail. There are hard wood floors in the entry, kitchen, powder room and family room. The family room has a beautiful stone fireplace for added cozy warmth. The master bedroom features a sitting/office area, multiple closets and 5-piece master bath. The additional bedrooms are nice sizes and the hall bath has a double sink. The basement has been professionally finished with permits and egress window. Tile floors, tile accents, gas fireplace, full bath. The wet bar includes a dishwasher and refrigerator and under-cabinet lighting. The "theater area" is wired and fitted for the new owner's theater system. No expense was spared in this $80,000 basement improvement! Don't forget to go outside, too. There is an Anthony-Sylvan brick-paver patio and beautiful, private Swift pool. The pool has a brand new (6/2014) liner and cover and is surrounded by lush landscaping. There is plenty of additional room for lots of other outdoor activities, too! Other special features include Bose speaker system inside & outside; Holiday lighting package; double insulated windows; plantation shutters in 1 bedroom and hall bath; a 2 sump pumps in the basement (1 hydraulic and one electric) "just in case". **Please note that the seller has paid for lawn/landscape care until spring 2015 and pool care/closing for this season.** This is an absolute must see and then must have home!

Last Agent to Sell the Property

Terri Sensing

(302) 545-2884 terri.sensing@longandfoster.com Long & Foster Real Estate, Inc. License #R3-0013574 Listed on: 06/23/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

David Iliff

(302) 234-6073 dave@iliffteam.com Patterson-Schwartz-Hockessin

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,966

Year Built

  • Built in 1994

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 100x220
  • Level Lot
  • Property is in good condition
  • Property is zoned NC21

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Ceiling Fan
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • North Star Elementary School
  • Henry B. Du Pont Middle School
  • John Dickinson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Hitchens Farm Subdivision

Listing and Financial Details

  • Tax Lot 079
  • Assessor Parcel Number 08-017.10-079

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,966

Year Built

Built in 1994

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Info In House On Line
  • Inclusions: See Info In House/On Line
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Wet/Dry Bar, Breakfast Area
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 4375
  • Living Area Sq Ft: 4375
  • Net Sq Ft: 4375.00
  • Price Per Sq Ft: 176.98
  • Above Grade Finished Sq Ft: 3215
  • Below Grade Finished Sq Ft: 1160
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Construction Completed: No
  • Pool Features: In Ground
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

  • Elementary School: NORTH STAR
  • High School: JOHN DICKINSON
  • Middle Or Junior School: HENRY B. DU PONT

Lot Info

  • Improvement Assessed Value: 123300.00
  • Land Assessed Value: 28400.00
  • Lot Features: Level
  • Lot Size Acres: 0.51
  • Lot Dimensions: 100X220
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22216.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2267894
  • Tax Annual Amount: 3966.00
  • Assessor Parcel Number: 08-017.10-079
  • Tax Lot: 079
  • Tax Year: 2013

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2014
Closed on
Sep 23, 2014
Sold by
American International Relocation Soluti
Bought by
Kulkarni Pramod V and Kulkarni Savita P
Seller's Agent
Terri Sensing
Long & Foster Real Estate, Inc.
Buyer's Agent
David Iliff
Patterson-Schwartz-Hockessin
List Price
$639,900
Sold Price
$547,000
Premium/Discount to List
-$92,900
-14.52%
Current Estimated Value
$853,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,979
Avg. Annual Appreciation
4.02%
Original Mortgage
$437,600
Outstanding Balance
$334,516
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$519,463

Purchase Details

Listed on
Jun 23, 2014
Closed on
Aug 21, 2014
Sold by
Panjwani Manish and Panjwani Manju
Bought by
American International Relocation Soluti
Seller's Agent
Terri Sensing
Long & Foster Real Estate, Inc.
Buyer's Agent
David Iliff
Patterson-Schwartz-Hockessin
List Price
$639,900
Sold Price
$547,000
Premium/Discount to List
-$92,900
-14.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,600
Outstanding Balance
$334,516
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$519,463

Purchase Details

Closed on
Jan 10, 2013
Sold by
Panjwani Manish and Panjwani Manju
Bought by
Panjwani Manish and Panjwani Manju

Purchase Details

Closed on
Jun 29, 2007
Sold by
Eastburn Gerald W and Eastburn Phyllis T
Bought by
Panjwani Manish and Panjwani Manju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kulkarni Pramod V $547,000 Brennan Title Co
American International Relocation Soluti $547,000 Brennan Title Co
Panjwani Manish -- Brennan Title Co
Panjwani Manish -- None Available
Panjwani Manish $591,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kulkarni Pramod V $437,600
Previous Owner Panjwani Manish $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2014 10/03/14 Sold $547,000 -3.9% $125 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
08/08/2014 08/08/14 Price Changed $569,000 -5.2% $130 / Sq Ft
07/26/2014 07/26/14 Price Changed $599,999 -1.5% $137 / Sq Ft
07/18/2014 07/18/14 Price Changed $609,000 -1.9% $139 / Sq Ft
07/03/2014 07/03/14 Price Changed $621,000 -3.0% $142 / Sq Ft
06/23/2014 06/23/14 For Sale $639,900 -- $146 / 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 $5,822 $151,700 $28,400 $123,300
2023 $5,181 $151,700 $28,400 $123,300
2022 $5,216 $151,700 $28,400 $123,300
2021 $5,212 $151,700 $28,400 $123,300
2020 $5,229 $151,700 $28,400 $123,300
2019 $5,478 $151,700 $28,400 $123,300
2018 $5,139 $151,700 $28,400 $123,300
2017 $5,079 $151,700 $28,400 $123,300
2016 $4,825 $151,700 $28,400 $123,300
2015 $4,533 $151,700 $28,400 $123,300
2014 -- $151,700 $28,400 $123,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002982710

Bright MLS

APN: 08-017.10-079