NOT LISTED FOR SALE

702 Libbys Cir Newark, DE 19711

Estimated Value: $676,000 - $833,000

4 Beds
2.5 Baths
3,325 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $680,000 $205 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,249/month

Highlights

  • Panoramic View
  • Colonial Architecture
  • Backs to Trees or Woods
  • North Star Elementary School Rated A
  • Solid Hardwood Flooring
  • Bonus Room

About This Home

As of June 2024

**Showings begin Wednesday 5/8/24 at 1:00.**
702 Libbys Circle is a handsome colonial home set on a picturesque lot in rarely available Lambeth Riding. Stately columns flank the welcoming flagstone front porch revealing the stunning leaded, water glass front door with matching sidelights. Ceramic tile foyer and site-finished hardwood floors provide flow throughout the main level, which is also adorned with crown molding and where chair rail and wainscot moldings are accented in the dining room. The living and family rooms are generously sized and a lovely brick, wood-burning fireplace with wall to wall mantle and raised hearth are inviting in the family room. Here, french doors lead to a lovely tiered paver patio surrounded by the lush green lawn, evergreens for privacy, fruit & flowering trees, shrubs and an abundance of perennials like hydrangeas and lilies, ready to bloom any day now. Enjoy the beautiful backyard view from the bright, white kitchen offering granite counters, tile wall splash, double sink, flat top range, micro-vent, pantry, planning desk, center island with Jenn-Air downdraft grille and an eating area with a large window, which also overlooks the gorgeous backyard. Conveniently located off the kitchen is the laundry room with wall cabinets, sink and access to/from the back yard, as well as the oversized 2 car garage and private office which could easily double as a playroom or guest space. Up the oak staircase you'll be delighted by the bright primary bedroom and dressing area with walk in closet and 3 piece bathroom. Three other bedrooms with nice sized closets and full bath with double sink vanity complete the second floor. New carpet in Primary and Bedroom 3 and 4 (2024); Newer wood style laminate floor in BR 2; Ceiling fans in all. In the basement you'll enjoy a bright living space with recessed lights, new paint, chair rail and wainscot moldings, wide luxury vinyl plank floors (2023), a separate workout room and unfinished area for storage. Easy access to Pike Creek, Newark and especially Hockessin's restaurants, pubs, shopping, health, fitness, library, holiday events. All of this and it's within walking distance to Woodside Farms for ice cream.
**Recent Improvements: Septic repairs in progress and to be completed by Seller (2024); Water
Heater(2020); Roof(2019); Windows(2016); FR French Door and
Laundry Room Door(2016) ** Showings begin 5/8/2024 1:00.

Last Agent to Sell the Property

Patricia Kehrer

(302) 690-4464 pattikehrer@gmail.com Crown Homes Real Estate License #RS0020351 Listed on: 05/08/2024

Last Buyer's Agent

Alec Georigi

(302) 559-7191 alec.georigi@compass.com Compass License #5017736

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,008

Year Built

  • Built in 1982

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 151.30 x 237.40
  • Cul-De-Sac
  • Split Rail Fence
  • Wood Fence
  • Landscaped
  • Extensive Hardscape
  • Level Lot
  • Sprinkler System
  • Backs to Trees or Woods
  • Property is zoned NC21

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Panoramic
  • Garden

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Brick Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Home Gym
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Solid Hardwood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Electric Water Heater
  • On Site Septic

Community Details

  • Association fees include common area maintenance
  • Lambeth Riding HOA Board@Lambethriding.Org HOA
  • Lambeth Riding Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-018.30-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,008

Year Built

Built in 1982

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-05-08
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Solid Hardwood, Luxury Vinyl Plank
  • Window Features: Double Pane, Energy Efficient
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Exercise Room, Laundry, Bathroom 2, Bonus Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3325
  • Living Area Sq Ft: 3325
  • Price Per Sq Ft: 233.87
  • Above Grade Finished Sq Ft: 2775
  • Below Grade Finished Sq Ft: 550
  • Total Below Grade Sq Ft: 550
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Street Lights, Underground Lawn Sprinkler
  • Roof: Architectural Shingle, Asphalt
  • View: Garden/Lawn, Panoramic
  • 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
  • Garage Features: Built In, Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil, Natural Gas Available
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: LAMBETH RIDING HOA BOARD@LAMBETHRIDING.ORG
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: 3rd Party
  • Elementary School: NORTH STAR
  • High School: DICKINSON
  • Middle Or Junior School: HENRY B. DU PONT

Lot Info

  • Fencing: Wood, Split Rail
  • Lot Features: Backs To Trees, Level, Landscaping, Cul-De-Sac
  • Lot Size Acres: 0.84
  • Lot Dimensions: 151.30 x 237.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36590.00
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3644.00
  • Tax Annual Amount: 5008.14
  • Assessor Parcel Number: 08-018.30-018
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jun 18, 2024
Sold by
Peterson Shannon L and Forney Shannon L
Bought by
Georigi Nicklas M and Noonan Michelle R
Seller's Agent
Patricia Kehrer
Crown Homes Real Estate
Buyer's Agent
Alec Georigi
Compass
List Price
$649,000
Sold Price
$680,000
Premium/Discount to List
$31,000
4.78%
Views
41
Current Estimated Value
$725,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,557
Avg. Annual Appreciation
4.16%
Original Mortgage
$544,000
Outstanding Balance
$537,058
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$188,499

Purchase Details

Listed on
Jan 9, 2013
Closed on
Feb 28, 2013
Sold by
Barone Mark C and Barone Karen M
Bought by
Forney Shannon L and Peterson Matthew T
Seller's Agent
James Barone
RE/MAX Elite
Buyer's Agent
Theodore Fugee
Patterson-Schwartz-Hockessin
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$340,000
Interest Rate
3.43%
Mortgage Type
New Conventional
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
Georigi Nicklas M -- None Listed On Document
Forney Shannon L $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Georigi Nicklas M $544,000
Previous Owner Forney Shannon L $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2024 06/24/24 Sold $680,000 +4.8% $205 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $649,000 +52.7% $195 / Sq Ft
02/28/2013 02/28/13 Sold $425,000 -5.3% $153 / Sq Ft View Prior Sale
02/06/2013 02/06/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $449,000 -- $162 / 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 $5,647 $147,400 $34,900 $112,500
2023 $5,008 $147,400 $34,900 $112,500
2022 $5,036 $147,400 $34,900 $112,500
2021 $5,030 $147,400 $34,900 $112,500
2020 $5,032 $147,400 $34,900 $112,500
2019 $5,024 $147,400 $34,900 $112,500
2018 $4,944 $147,400 $34,900 $112,500
2017 $4,886 $147,400 $34,900 $112,500
2016 $4,647 $147,400 $34,900 $112,500
2015 $4,367 $147,400 $34,900 $112,500
2014 $4,057 $147,400 $34,900 $112,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2060812

Bright MLS

APN: 08-018.30-018