NOT LISTED FOR SALE

8 Reese Dr Newark, DE 19711

Estimated Value: $967,962 - $1,161,000

4 Beds
5.5 Baths
7,909 Sq Ft
$134/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $800,000 $101 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,347/month

Highlights

  • Private Pool
  • Open Floorplan
  • Recreation Room
  • North Star Elementary School Rated A
  • Dual Staircase
  • Traditional Architecture

About This Home

As of September 2021

Set on a generously sized lot in the desirable neighborhood of Merestone sits this custom designed and updated home. This home meets all entertaining needs and offers all of the luxuries of modern living. Enter into the impressive 2-story foyer with turned staircase. To the left find the private formal living room with gas fireplace. To the right of the foyer is the formal dining room with see-through gas fireplace into great room and French doors that open to the slate patio surrounded by an attractive slate-topped 3 foot high natural stone wall and continues on to attached butler's pantry with custom cabinetry and granite countertop. Continue into the graciously sized open kitchen featuring stainless steel appliances, custom cherry cabinetry, oversized island and generously sized peninsula complete with custom cabinetry, seating and wrap-around bookshelves. Attached to the kitchen is a breathtaking gazebo eating area with custom table and chairs overlooking pool and backyard. The kitchen opens to the spacious 2-story great room sitting at the heart of the home with granite tiled see-through gas fireplace with raised hearth. Continue through wide hallway to the private office/study with sound insulated walls, glass-paneled French entry doors and bay window. A main floor suite with dedicated outdoor entrance offers ease for guests with private bath having limestone radiant heated floor and sound insulated interior walls surrounding the suite. The main floor also features over-sized laundry room with granite tile and tiled concrete pad for high-speed washers, access to the 3-car insulated garage, 9’-10” ceilings, oak floors (cherry floor in study) and powder room with marble floor. Up the main staircase find large double door entrance leading to the luxurious master suite with bay windows and renovated bath with natural stone throughout, radiant heated floors, large, walk-in shower with dual rainfall showerheads, bubble tub and 2 large walk-in closets with dressing room. Also on this level is an additional bedroom, multi-purpose room, hall bath, and a third private suite with attached full bath that can be accessed from a private staircase. The lower level is an entertainer’s dream with large media and game rooms, bar with granite countertop, full bathroom with granite tile floor and countertop. The private fenced yard features in-ground, kidney-shaped pool with newer pool deck. This home also boasts cost-saving geothermal heating and air-conditioning, new carpet and paint on 2nd level, 3-zone HVAC, driveway alert system, whole house generator, 6 ceiling fans, updated double hung windows throughout house with custom blinds and updated gracefully meandering front walk.

Last Agent to Sell the Property

Victoria Dickinson

(302) 429-7304 vdickinson@psre.com Patterson-Schwartz - Greenville License #R5-210113L Listed on: 08/02/2021

Patterson-Schwartz - Greenville

Last Buyer's Agent

Lynn Kuttruff

(484) 885-6604 lynn@mottolagroup.com Compass License #RS-0023446

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,703

Year Built

  • Built in 1992

Lot Details

  • 0.8 Acre Lot
  • Extensive Hardscape
  • Property is zoned NC21

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • 2 Fireplaces
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Game Room
  • Laundry on main level
  • Finished Basement

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Butlers Pantry
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Private Pool
  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • Merestone Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-022.20-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,703

Year Built

Built in 1992

Lot Details

0

HOA Fees

$4 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: See marketing brochure
  • Inclusions: See marketing brochure
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1992
  • Remarks Public: Set on a generously sized lot in the desirable neighborhood of Merestone sits this custom designed and updated home. This home meets all entertaining needs and offers all of the luxuries of modern living. Enter into the impressive 2-story foyer with turned staircase. To the left find the private formal living room with gas fireplace. To the right of the foyer is the formal dining room with see-through gas fireplace into great room and French doors that open to the slate patio surrounded by an attractive slate-topped 3 foot high natural stone wall and continues on to attached butler's pantry with custom cabinetry and granite countertop. Continue into the graciously sized open kitchen featuring stainless steel appliances, custom cherry cabinetry, oversized island and generously sized peninsula complete with custom cabinetry, seating and wrap-around bookshelves. Attached to the kitchen is a breathtaking gazebo eating area with custom table and chairs overlooking pool and backyard. The kitchen opens to the spacious 2-story great room sitting at the heart of the home with granite tiled see-through gas fireplace with raised hearth. Continue through wide hallway to the private office/study with sound insulated walls, glass-paneled French entry doors and bay window. A main floor suite with dedicated outdoor entrance offers ease for guests with private bath having limestone radiant heated floor and sound insulated interior walls surrounding the suite. The main floor also features over-sized laundry room with granite tile and tiled concrete pad for high-speed washers, access to the 3-car insulated garage, 9’-10” ceilings, oak floors (cherry floor in study) and powder room with marble floor. Up the main staircase find large double door entrance leading to the luxurious master suite with bay windows and renovated bath with natural stone throughout, radiant heated floors, large, walk-in shower with dual rainfall showerheads, bubble tub and 2 large walk-in closets with dressing room. Also on this level is an additional bedroom, multi-purpose room, hall bath, and a third private suite with attached full bath that can be accessed from a private staircase. The lower level is an entertainer’s dream with large media and game rooms, bar with granite countertop, full bathroom with granite tile floor and countertop. The private fenced yard features in-ground, kidney-shaped pool with newer pool deck. This home also boasts cost-saving geothermal heating and air-conditioning, new carpet and paint on 2nd level, 3-zone HVAC, driveway alert system, whole house generator, 6 ceiling fans, updated double hung windows throughout house with custom blinds and updated gracefully meandering front walk.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Additional Stairway, Bar, Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Pantry, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Breakfast Room, Bedroom 1, Office, Recreation Room, Media Room, Bonus Room
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 7909
  • Living Area Sq Ft: 7909
  • Price Per Sq Ft: 138.86
  • Above Grade Finished Sq Ft: 5754
  • Below Grade Finished Sq Ft: 2155
  • Total Below Grade Sq Ft: 2155
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Gutter System
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 34848.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2270373
  • Tax Annual Amount: 7703.00
  • Assessor Parcel Number: 08-022.20-056
  • Tax Year: 2020
  • Close Date: 09/29/2021

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 28, 2021
Sold by
Mammarella Thomas and Marsh Barbara A
Bought by
Islam Zahidull and Nessa Fazila T
Seller's Agent
Victoria Dickinson
Patterson-Schwartz - Greenville
Buyer's Agent
Lynn Kuttruff
Compass
List Price
$849,900
Sold Price
$800,000
Premium/Discount to List
-$49,900
-5.87%
Current Estimated Value
$1,061,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,321
Avg. Annual Appreciation
7.30%
Original Mortgage
$624,000
Outstanding Balance
$569,030
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$492,291

Purchase Details

Closed on
Sep 14, 1990
Bought by
Mammerella Thomas and Mammerella Barbara A
Source: Public Records

Range of Values:

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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
Islam Zahidull -- None Available
Mammerella Thomas $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Zahidull $624,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $800,000 +0.1% $101 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/23/2021 08/23/21 Price Changed $799,000 -6.0% $101 / Sq Ft
08/02/2021 08/02/21 For Sale $849,900 -- $107 / 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 $8,602 $232,800 $27,700 $205,100
2023 $7,588 $232,800 $27,700 $205,100
2022 $7,678 $232,800 $27,700 $205,100
2021 $7,678 $232,800 $27,700 $205,100
2020 $7,703 $232,800 $27,700 $205,100
2019 $7,691 $232,800 $27,700 $205,100
2018 $0 $232,800 $27,700 $205,100
2017 -- $232,800 $27,700 $205,100
2016 -- $232,800 $27,700 $205,100
2015 -- $232,800 $27,700 $205,100
2014 -- $232,800 $27,700 $205,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2002384

Bright MLS

APN: 08-022.20-056