NOT LISTED FOR SALE

7 Wedgewood Rd Newark, DE 19711

Estimated Value: $362,094 - $437,000

3 Beds
1.5 Baths
1,375 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 27, 2015

Last sale price $135,100 $98 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,334/month

143 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • 5 Car Direct Access Garage
  • Wood Flooring
  • No HOA
  • Porch

About This Home

As of August 2015

A true ranch home at the 3 corners. The property is located very close to UD, Maryland and Pennsylvania state lines. It features 3 bedrooms, 1 and half bathroom, 2 car garage, screened in porch in the back and full basement. This is Fannie Mae HomePath property. All offers to be submitted online to Homepath. Please download offer instructions from Trend. Seller requests that offers are to be submitted using the homepath online offer system.

Last Agent to Sell the Property

Daniel Logan

Patterson-Schwartz-Hockessin License #R3-0016334 Listed on: 02/27/2015

Patterson-Schwartz-Hockessin

Last Buyer's Agent

James Taylor

Keller Williams Realty Wilmington License #RS334090

Keller Williams Realty Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,886

Year Built

  • Built in 1953

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100 x 168.40
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in below average condition
  • Property is zoned NC15

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 1,375 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Parking

  • 5 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Wedgewood Glen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0901300001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,886

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: N-A
  • Inclusions: N-A
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1953
  • Remarks Public: A true ranch home at the 3 corners. The property is located very close to UD, Maryland and Pennsylvania state lines. It features 3 bedrooms, 1 and half bathroom, 2 car garage, screened in porch in the back and full basement. This is Fannie Mae HomePath property. All offers to be submitted online to Homepath. Please download offer instructions from Trend. Seller requests that offers are to be submitted using the homepath online offer system.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 1375
  • Living Area Sq Ft: 1375
  • Net Sq Ft: 1375.00
  • Price Per Sq Ft: 101.75
  • Above Grade Finished Sq Ft: 1375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.39
  • Lot Dimensions: 100 X 168.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16988.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Below Average
  • Zoning: NC15

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2293666
  • Tax Annual Amount: 1886.00
  • Assessor Parcel Number: 0901300001
  • Tax Year: 2014
  • Close Date: 08/27/2015

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2017
Sold by
Schaeffer Todd C and Schaeffer Lynn C
Bought by
Walker Tyler Lucas
Current Estimated Value
$387,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,155
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2015
Closed on
Aug 27, 2015
Sold by
Fannie Mae
Bought by
Schaeffer Todd C and Schaeffer Lynn C
Seller's Agent
Daniel Logan
Patterson-Schwartz-Hockessin
Buyer's Agent
James Taylor
Keller Williams Realty Wilmington
List Price
$157,000
Sold Price
$135,100
Premium/Discount to List
-$21,900
-13.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%

Purchase Details

Closed on
May 18, 2004
Sold by
Godwin Ralph E
Bought by
Godwin Ralph E and Godwin Carol Ann

Purchase Details

Closed on
Apr 30, 2001
Sold by
Godwin Jeffrey R and Godwin Gary L
Bought by
Godwin Ralph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.88%
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
Walker Tyler Lucas $254,900 None Available
Schaeffer Todd C -- Etitle Agency Inc Michelle H
Godwin Ralph E -- --
Godwin Ralph E $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Walker Tyler Lucas $228,000
Closed Walker Tyler Lucas $242,155
Previous Owner Godwin Ralph E $200,000
Previous Owner Godwin Ralph E $40,000
Previous Owner Godwin Ralph E $190,000
Previous Owner Godwin Ralph E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2015 08/27/15 Sold $135,100 -3.4% $98 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
07/10/2015 07/10/15 Price Changed $139,900 -10.9% $102 / Sq Ft
07/09/2015 07/09/15 For Sale $157,000 0.0% $114 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
05/08/2015 05/08/15 Price Changed $157,000 -5.4% $114 / Sq Ft
04/24/2015 04/24/15 Price Changed $165,900 -5.5% $121 / Sq Ft
02/27/2015 02/27/15 For Sale $175,500 -- $128 / 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 $2,704 $63,500 $16,700 $46,800
2023 $2,630 $63,500 $16,700 $46,800
2022 $2,624 $63,500 $16,700 $46,800
2021 $2,568 $63,500 $16,700 $46,800
2020 $2,502 $63,500 $16,700 $46,800
2019 $2,211 $63,500 $16,700 $46,800
2018 $2,153 $63,500 $16,700 $46,800
2017 $2,077 $63,500 $16,700 $46,800
2016 $2,071 $63,500 $16,700 $46,800
2015 -- $63,500 $16,700 $46,800
2014 $1,886 $63,500 $16,700 $46,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002542908

Bright MLS

APN: 09-013.00-001