NOT LISTED FOR SALE

8 Saddle Cir Newark, DE 19711

Estimated Value: $510,135 - $540,000

3 Beds
2 Baths
2,487 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $425,000 $171 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,116/month

6 Days on Market

Highlights

  • 0.75 Acre Lot
  • Rambler Architecture
  • Sun or Florida Room
  • Deck
  • Wood Flooring
  • Den

About This Home

As of November 2022

Amazing opportunity for one floor living in the sought after community of Covered Bridge Farms convenient to the University of Delaware, White Clay Creek State Park, shopping, dining and within the 5 mile radius of Newark Charter! 3 bedroom, 2 full bath home with 2 car garage and full walkout basement on large .75 acre cul-de-sac lot. Hardwood floors throughout most of the home. Deck off of the expanded living room overlooking the rear yard. Owner's suite with private bath. Semi-finished basement with egress. Large unfinished area previously used as a workshop. Updated hall bath and windows, wired for generator. Priced so that you can make updates to suit your taste! Hurry to schedule your private tour today!

Last Agent to Sell the Property

David Landon

(302) 218-8473 davelandon@gmail.com Patterson-Schwartz-Newark License #521092 Listed on: 09/14/2022

Patterson-Schwartz-Newark

Co-Listed By

Kirsten Landon

(302) 218-8474 kirstenlandon@gmail.com Patterson-Schwartz-Newark License #RS0013188

Last Buyer's Agent

Lauren Janes

(302) 234-5277 lauren.janes@compass.com Compass License #5016145

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,305

Year Built

  • Built in 1964

Lot Details

  • 0.75 Acre Lot
  • Property is zoned NC21

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • Property has 1 Level
  • Crown Molding
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Workshop
  • Sun or Florida Room

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Partially Finished Basement

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

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Downes Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 09-007.30-010

Community Details

Overview

  • Association fees include common area maintenance, snow removal
  • Covered Bridge Farms Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,305

Year Built

Built in 1964

Lot Details

0

HOA Fees

$41 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Refrigerator and Dryer
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1964
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Water Heater
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Crown Moldings, Formal/Separate Dining Room, Pantry, Primary Bath(s)
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Sun/Florida Room, Workshop
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 2487
  • Living Area Sq Ft: 2487
  • Price Per Sq Ft: 229.33
  • Above Grade Finished Sq Ft: 1875
  • Below Grade Finished Sq Ft: 612
  • Total Below Grade Sq Ft: 612
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Exterior Lighting
  • 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
  • Parking Features: Paved Parking
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 495.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent
  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32670.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 4305.00
  • Assessor Parcel Number: 09-007.30-010
  • Tax Year: 2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Nov 8, 2022
Sold by
Rapp W Crook Revocable Trust
Bought by
Rapp W Crook Revocable Trust
Seller's Agent
David Landon
Patterson-Schwartz-Newark
Buyer's Agent
Lauren Janes
Compass
List Price
$430,000
Sold Price
$425,000
Premium/Discount to List
-$5,000
-1.16%
Current Estimated Value
$520,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,975
Avg. Annual Appreciation
6.68%
Original Mortgage
$318,750
Outstanding Balance
$309,099
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$213,935

Purchase Details

Closed on
Apr 20, 2021
Sold by
Reardon Sandra and Revocable Trust Of Joseph Rear
Bought by
Ramone Lisa J F and Gamez Brittany Ramone

Purchase Details

Closed on
Jan 27, 1998
Bought by
Crook Rapp W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rapp W Crook Revocable Trust -- --
Ramone Lisa J F -- None Available
Crook Rapp W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rapp W Crook Revocable Trust $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2022 11/08/22 Sold $425,000 -1.2% $171 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $430,000 -- $173 / 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 $4,437 $104,200 $27,400 $76,800
2023 $4,315 $104,200 $27,400 $76,800
2022 $4,305 $104,200 $27,400 $76,800
2021 $3,628 $104,200 $27,400 $76,800
2020 $3,628 $104,200 $27,400 $76,800
2019 $3,628 $104,200 $27,400 $76,800
2018 $3,133 $104,200 $27,400 $76,800
2017 $3,007 $104,200 $27,400 $76,800
2016 $2,899 $104,200 $27,400 $76,800
2015 -- $104,200 $27,400 $76,800
2014 -- $104,200 $27,400 $76,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2031288

Bright MLS

APN: 09-007.30-010