NOT LISTED FOR SALE

722 Art Ln Newark, DE 19713

Estimated Value: $453,914 - $497,000

4 Beds
3.5 Baths
2,076 Sq Ft
$230/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $346,900 $167 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,539/month

37 Days on Market

Highlights

  • 0.61 Acre Lot
  • Colonial Architecture
  • No HOA
  • West Park Place Elementary School Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of March 2018

Extremely rare two story Georgian Colonial style home overlooking the Christina River and 73 acre park with walking trails. This home site is rich with history. Situated on a cul-de-sac street featuring a 0.61 acre lot. This home offers a tremendous setting from the minute you pull up. The home includes tremendous living space on all levels. The main level features include: family room, formal living room with fireplace, formal dining room, kitchen with nice cabinet space opening to a huge sunroom with cathedral ceiling, skylights, ceiling fan and tile floor. The main level also offers a second sunroom and large workshop with heat pump. The upper level includes a master suite with 3 closets & newly renovated bath. Also, featured on the upper level is an updated hall bath and three additional bedrooms. The lower level features a custom rec room, craft area, full bath and tons of storage. Notable updates include: roof, heater, central air, windows and garage door. Other exterior highlights include: turned two car garage, huge driveway, treed lot, and stone fire-pit overlooking the Christiana River. Some of the history of this location includes the first iron mills in Delaware, and in colonial America. It was called the James' Furnace. The mill was purchased by Andrew Fisher, who expanded the mill and built the house across the street (circa 1740). Part of the original stone mill pond dam, sluice gate, and mill race still exists behind 722 Art Lane. The Fishers supported the war of independence, and supplied material from their mills. General Cornwallis briefly occupied the Fisher house, and quartered troops in the front yard. Years later (1840's), there were also a grist mill, and lumber mill, and a match and fireworks factory here. There was a large brick barn in the front yard, that caught fire while filled with matches and fireworks. The bar was lost, but the Fisher House was saved. This home is a rare find and is ready for a new owner.

Last Agent to Sell the Property

Robert Miller

(302) 656-0251 bob@hometopic.com Luke Real Estate License #RB-0020438 Listed on: 01/19/2018

Last Buyer's Agent

Mary Lynch

(302) 285-5100 dwatlington@psre.com Patterson-Schwartz-Middletown

Patterson-Schwartz-Middletown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,067

Year Built

  • Built in 1956

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 110x242
  • Property is in good condition
  • Property is zoned 18OFD

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

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

Community Details

  • No Home Owners Association
  • Spring Hill Subdivision

Listing and Financial Details

  • Tax Lot 148
  • Assessor Parcel Number 18-043.00-148

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,067

Year Built

Built in 1956

Lot Details

0.61 Acres

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
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Breakfast Area
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement

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

  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • 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: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 64200.00
  • Land Assessed Value: 21300.00
  • Lot Size Acres: 0.61
  • Lot Dimensions: 110X242
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26572.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: 18OFD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2373716
  • Tax Annual Amount: 3067.00
  • Assessor Parcel Number: 18-043.00-148
  • Tax Lot: 148
  • Tax Year: 2017

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2018
Closed on
Mar 26, 2018
Sold by
Killen R Scott
Bought by
Taylor Abercrombie 2012 Gst Trust
Seller's Agent
Robert Miller
Luke Real Estate
Buyer's Agent
Mary Lynch
Patterson-Schwartz-Middletown
List Price
$374,900
Sold Price
$346,900
Premium/Discount to List
-$28,000
-7.47%
Current Estimated Value
$478,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,887
Avg. Annual Appreciation
4.12%
Original Mortgage
$357,570
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Bowen Travis L
Bought by
Killen R Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.92%
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
Taylor Abercrombie 2012 Gst Trust $346,900 Kirsh Title Services Inc
Killen R Scott $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Taylor Abercrombie 2012 Gst Trust $357,570
Previous Owner Killen R Scott $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2018 03/26/18 Sold $346,900 -2.3% $167 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
02/22/2018 02/22/18 Price Changed $354,900 -2.7% $171 / Sq Ft
02/07/2018 02/07/18 Price Changed $364,900 -2.7% $176 / Sq Ft
01/19/2018 01/19/18 For Sale $374,900 -- $181 / Sq Ft
Source: Bright MLS

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 $902 $85,500 $21,300 $64,200
2023 $3,092 $85,500 $21,300 $64,200
2022 $3,059 $85,500 $21,300 $64,200
2021 $2,537 $85,500 $21,300 $64,200
2020 $2,537 $85,500 $21,300 $64,200
2019 $2,537 $85,500 $21,300 $64,200
2018 $2,479 $85,500 $21,300 $64,200
2017 $2,405 $85,500 $21,300 $64,200
2016 $2,398 $85,500 $21,300 $64,200
2015 $2,150 $85,500 $21,300 $64,200
2014 $2,149 $85,500 $21,300 $64,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004554391

Bright MLS

APN: 18-043.00-148

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