NOT LISTED FOR SALE

867 New London Rd Newark, DE 19711

Estimated Value: $394,324 - $429,000

3.1 Acres
$132,185 Price per Acre
135,036 Sq Ft Lot

Last Sold October 30, 2020

Last sale price $275,000

Est. 49% increase in value since last sale

Current estimated payment $2,302/month

About This Lot

As of October 2020

Welcome to Carpenters Reserve, one of Newark's most exclusive neighborhoods. Enter Carpenters Reserve to find a winding single lane which provides access to a five lot subdivision. This is a large estate style three acre lot that you will not find often in this area. The entrance to the neighborhood has a simple but elegant post and rail fence with stone end pillars. The location is convenient to City of Newark while also feeling just removed enough to have privacy , peace and quiet. The neighborhood is adjacent to White Clay Creek State Park and its expanse of trails and wildlife area. Construction on this lot is subject to an architectural review.

Last Agent to Sell the Property

Travis L. Dorman

(302) 841-3446 travisdormanrealtor@gmail.com RE/MAX Elite Listed on: 07/08/2020

RE/MAX Elite

Last Buyer's Agent

Robert Watson

(302) 545-5226 robwatson@verizon.net RE/MAX Elite License #RS220786L

RE/MAX Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,509

Lot Details

  • 3.1

Utilities

  • Well
  • Gravity Septic Field
  • On Site Septic
  • Perc Approved Septic

Additional Features

  • 3.1 Acre Lot
  • Views of Woods

Community Details

  • Property has a Home Owners Association
  • Carpenters Reserve Subdivision

Listing and Financial Details

  • Tax Lot 118
  • Assessor Parcel Number 09-005.00-118

Property Details

Property Type

Land

Est. Annual Taxes

$1,509

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant, Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to Carpenters Reserve, one of Newark's most exclusive neighborhoods. Enter Carpenters Reserve to find a winding single lane which provides access to a five lot subdivision. This is a large estate style three acre lot that you will not find often in this area. The entrance to the neighborhood has a simple but elegant post and rail fence with stone end pillars. The location is convenient to City of Newark while also feeling just removed enough to have privacy , peace and quiet. The neighborhood is adjacent to White Clay Creek State Park and its expanse of trails and wildlife area. Construction on this lot is subject to an architectural review.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.11
  • Street Number Modifier: 867

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic, Perc Approved Septic, Gravity Sept Fld
  • Utilities: Electric Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 3.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 135036.00
  • Possible Use: Residential
  • Year Assessed: 2020
  • Zoning: S
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5266676
  • School Tax: 1191.00
  • Tax Annual Amount: 1509.00
  • Assessor Parcel Number: 09-005.00-118
  • Tax Lot: 118
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/30/2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Johnson Dwight
Bought by
Dean Sakina
Current Estimated Value
$409,775

Purchase Details

Listed on
Jul 8, 2020
Closed on
Oct 30, 2020
Sold by
Connie And Mike Holding Llc
Bought by
Dean Sakina and Johnson Dwight
Seller's Agent
Travis L. Dorman
RE/MAX Elite
Buyer's Agent
Robert Watson
RE/MAX Elite
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Oct 7, 2016
Sold by
Garris Brian K and Garris Khoscine
Bought by
Connie & Mike Holding Llc

Purchase Details

Listed on
Nov 14, 2014
Closed on
Jun 3, 2016
Sold by
Edrick Llc
Bought by
Garris Brian K and Garris Khoscine
Seller's Agent
Travis L. Dorman
RE/MAX Elite
Buyer's Agent
Travis L. Dorman
RE/MAX Elite
List Price
$319,900
Sold Price
$265,000
Premium/Discount to List
-$54,900
-17.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$165,000
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dean Sakina -- None Listed On Document
Dean Sakina -- None Available
Connie & Mike Holding Llc -- None Available
Garris Brian K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garris Brian K $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $275,000 -3.5% --
08/28/2020 08/28/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $285,000 +7.5% --
06/03/2016 06/03/16 Sold $265,000 -17.2% -- View Prior Sale
05/20/2016 05/20/16 Pending -- -- --
11/14/2014 11/14/14 For Sale $319,900 -- --
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 $1,631 $38,300 $38,300 $0
2023 $1,586 $38,300 $38,300 $0
2022 $1,582 $38,300 $38,300 $0
2021 $4,845 $38,300 $38,300 $0
2020 $1,669 $38,300 $38,300 $0
2019 $1,333 $38,300 $38,300 $0
2018 $1,289 $38,300 $38,300 $0
2017 $1,249 $38,300 $38,300 $0
2016 $1,249 $38,300 $38,300 $0
2015 -- $38,300 $38,300 $0
2014 -- $38,300 $38,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC504670

Bright MLS

APN: 09-005.00-118