NOT LISTED FOR SALE

8 Teakwood Ln Wilmington, DE 19810

Estimated Value: $468,000 - $523,484

4 Beds
1 Bath
2,275 Sq Ft
$218/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $345,000 $152 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,961/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Lancashire Elementary School Rated A-
  • No HOA
  • Living Room

About This Home

As of November 2020

Corner lot & cul-de-sac combination make this classic Dutch colonial in N. Wilm. Red-brick/white siding 4 BRs/2.5 bath home is perched on hill with pine trees anchoring both front and back yard along with hardscaping. Brick-trimmed bed decorates end of driveway, while curved walkway leads to covered front porch with hedges hugging home. Entry reveals original hardwoods, white baseboards and creamy beige paint throughout providing warm ambiance and backdrop for personal style. Note chair rail and closet with built-in shelves for hats and gloves, and rods for coats. Oversized entrance into LR where prominent feature is triple almost floor-to-ceiling window with vertical blinds and wide ledge, ideal for tall vase or leafy plant. "L" shape floor plan has LR into DR where chair rail reappears plus wide white millwork around glass sliders with built-in mini-shades. Easy sunlight or easy shade! Sliders lead to big, elevated deck with views to serene street and common ground greenery, while mature trees edge side and back of property offering privacy. DR wraps to kitchen where tan-flecked Corian countertops, cream cabinets with pewter knobs, Whirlpool SS appliances and GE flat cooktop blend together to create harmonious balance. Little accents make big impact such as cream backsplash with deco tiles, 2-glass pane door cabinets for glassware and extended countertop separates kitchen from dining area but offers bar seating to connect areas. White beadboard further defines dining area and 2nd set of sliders accesses deck. Short hallway has laundry room with beadboard and cabinets, access to 2-car garage and PR with white vanity and white scrolled center border. FR has option of privacy with doors from foyer and kitchen. This room has endless at-ease ambiance with tan painted paneling, hardwoods, chair rail and brick/white wood FP. Huge closet has built-ins suited for games, toys and books. Chair rail continues in hardwood staircase to 2nd level. MBR sits at top of steps and runs from front to back of home featuring his-and-hers closets, tan carpeting, deep inset window and 6-inch ceiling border. Master bath is stunning in B & W ceramic tile with white vanity. Hardwood hallway to hall bath with white vanity and deep inset window where plant brings color fans out to 3 secondary BRs, 1 with hardwoods and 2 displaying carpeting. Deep inset window in 1 BR could be window seat with pillows and throw. Accessibility to Rt. 202 and I-95. Great N. Wilm. niche!

Last Agent to Sell the Property

Steven Anzulewicz

Keller Williams Realty Wilmington Listed on: 10/16/2020

Keller Williams Realty Wilmington

Last Buyer's Agent

Steven Anzulewicz

Keller Williams Realty Wilmington Listed on: 10/16/2020

Keller Williams Realty Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,046

Year Built

  • Built in 1973

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 130.60 x 90.90
  • Property is zoned NC10

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asbestos

Interior Spaces

  • 2,275 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Schools

  • Lancashire Elementary School
  • Talley Middle School
  • Concord High School

Utilities

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

Community Details

  • No Home Owners Association
  • Timberwood Subdivision

Listing and Financial Details

  • Tax Lot 242
  • Assessor Parcel Number 06-025.00-242

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,046

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: see list
  • Inclusions: see list
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1973
  • Automatically Close On Close Date: Yes
  • Remarks Public: Corner lot & cul-de-sac combination make this classic Dutch colonial in N. Wilm. Red-brick/white siding 4 BRs/2.5 bath home is perched on hill with pine trees anchoring both front and back yard along with hardscaping. Brick-trimmed bed decorates end of driveway, while curved walkway leads to covered front porch with hedges hugging home. Entry reveals original hardwoods, white baseboards and creamy beige paint throughout providing warm ambiance and backdrop for personal style. Note chair rail and closet with built-in shelves for hats and gloves, and rods for coats. Oversized entrance into LR where prominent feature is triple almost floor-to-ceiling window with vertical blinds and wide ledge, ideal for tall vase or leafy plant. "L" shape floor plan has LR into DR where chair rail reappears plus wide white millwork around glass sliders with built-in mini-shades. Easy sunlight or easy shade! Sliders lead to big, elevated deck with views to serene street and common ground greenery, while mature trees edge side and back of property offering privacy. DR wraps to kitchen where tan-flecked Corian countertops, cream cabinets with pewter knobs, Whirlpool SS appliances and GE flat cooktop blend together to create harmonious balance. Little accents make big impact such as cream backsplash with deco tiles, 2-glass pane door cabinets for glassware and extended countertop separates kitchen from dining area but offers bar seating to connect areas. White beadboard further defines dining area and 2nd set of sliders accesses deck. Short hallway has laundry room with beadboard and cabinets, access to 2-car garage and PR with white vanity and white scrolled center border. FR has option of privacy with doors from foyer and kitchen. This room has endless at-ease ambiance with tan painted paneling, hardwoods, chair rail and brick/white wood FP. Huge closet has built-ins suited for games, toys and books. Chair rail continues in hardwood staircase to 2nd level. MBR sits at top of steps and runs from front to back of home featuring his-and-hers closets, tan carpeting, deep inset window and 6-inch ceiling border. Master bath is stunning in B & W ceramic tile with white vanity. Hardwood hallway to hall bath with white vanity and deep inset window where plant brings color fans out to 3 secondary BRs, 1 with hardwoods and 2 displaying carpeting. Deep inset window in 1 BR could be window seat with pillows and throw. Accessibility to Rt. 202 and I-95. Great N. Wilm. niche!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: No
  • Total Sq Ft: 2275
  • Living Area Sq Ft: 2275
  • Price Per Sq Ft: 151.65
  • Above Grade Finished Sq Ft: 2275
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Asbestos
  • 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: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 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

Schools

  • School District: BRANDYWINE
  • Elementary School: LANCASHIRE
  • Middle School: TALLEY
  • High School: CONCORD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396892
  • School District Source: Listing Agent
  • Elementary School: LANCASHIRE
  • High School: CONCORD
  • Middle Or Junior School: TALLEY

Lot Info

  • Lot Size Acres: 0.31
  • Lot Dimensions: 130.60 x 90.90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13504.00
  • Year Assessed: 2020
  • Zoning: NC10
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2333.00
  • Tax Annual Amount: 3046.00
  • Assessor Parcel Number: 06-025.00-242
  • Tax Lot: 242
  • Tax Total Finished Sq Ft: 2275
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/30/2020

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 25, 2020
Sold by
Guo Yan
Bought by
Carozza Kenneth
Seller's Agent
Steven Anzulewicz
Keller Williams Realty Wilmington
Buyer's Agent
Steven Anzulewicz
Keller Williams Realty Wilmington
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$490,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,897
Avg. Annual Appreciation
6.90%
Original Mortgage
$338,235
Outstanding Balance
$305,073
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$166,605

Purchase Details

Closed on
Dec 8, 2014
Sold by
Chau Edmuth K and Chau Jaime Z
Bought by
Guo Yan

Purchase Details

Closed on
Apr 27, 2006
Sold by
Varma Tarun and Varma Satya P
Bought by
Chau Edmuth K and Chau Jaime Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,920
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2005
Sold by
Johnson Suzanne E and Johnson Stephen
Bought by
Varma Satya P and Varma Tarun

Purchase Details

Closed on
Mar 26, 2001
Sold by
Johnson Suzanne E and Richardson Jessie
Bought by
Johnson Stephen and Johnson Suzanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.88%
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
Carozza Kenneth $345,000 None Listed On Document
Guo Yan $219,000 None Available
Chau Edmuth K $314,900 None Available
Varma Satya P $238,000 --
Johnson Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carozza Kenneth $338,235
Previous Owner Chau Edmuth K $262,800
Previous Owner Chau Edmuth K $283,500
Previous Owner Chau Edmuth K $251,920
Previous Owner Johnson Stephen $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $345,000 0.0% $152 / Sq Ft
10/16/2020 10/16/20 For Sale $345,000 +18548.6% $152 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
11/01/2018 11/01/18 Rented $1,850 0.0% --
10/17/2018 10/17/18 Under Contract -- -- --
09/17/2018 09/17/18 For Rent $1,850 0.0% --
01/13/2016 01/13/16 Rented $1,850 0.0% --
12/15/2015 12/15/15 Under Contract -- -- --
11/11/2015 11/11/15 For Rent $1,850 +2.8% --
10/07/2014 10/07/14 Rented $1,800 -5.3% --
10/05/2014 10/05/14 Under Contract -- -- --
09/03/2014 09/03/14 For Rent $1,900 -- --
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 $3,277 $86,100 $15,800 $70,300
2023 $2,995 $86,100 $15,800 $70,300
2022 $3,046 $86,100 $15,800 $70,300
2021 $3,046 $86,100 $15,800 $70,300
2020 $0 $86,100 $15,800 $70,300
2019 $3,376 $86,100 $15,800 $70,300
2018 $321 $86,100 $15,800 $70,300
2017 $2,864 $86,100 $15,800 $70,300
2016 $2,864 $86,100 $15,800 $70,300
2015 -- $86,100 $15,800 $70,300
2014 $2,634 $86,100 $15,800 $70,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC510122

Bright MLS

APN: 06-025.00-242