NOT LISTED FOR SALE

9 Kraffert Ct Newark, DE 19711

Estimated Value: $881,000 - $1,081,000

4 Beds
6 Baths
5,500 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $650,000 $118 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,774/month

About This Home

This Gem is back on the market due to buyer financing falling through, don't miss out on your second chance to own this beauty! Elegant, Beautiful and Stunning are just three adjectives that come to mind when describing this four bedroom four and two half bath expansive 5,500 square foot home situated in the community of Lakewood Farm. This home is nestled on over an acre of land, mostly wooded. The premier placement allows for loads of sunlight to beam into the home throughout the day. Upon entering the house you'll enjoy the two-story foyer as well as the two-story morning room. The morning room and kitchen boast beautiful imported tiles. The granite counters and tile backsplash were all new in 2017 and make a beautiful addition to the cherry cabinetry, Viking stove and Sub Zero refrigerator. Most of the remaining first floor features hardwoods, including the sunken family room and office. Don't miss the two fireplaces, two staircases and two powder rooms that finish out the main floor. The second floor features a loft that overlooks the breakfast nook and allows for great views of the rear yard. The master bedroom is generous in size and features a tray ceiling along with a majestic master bath. Two additional bedrooms have access to a Jack and Jill bathroom. Finishing off the upper level there is an additional bedroom and a hallway bath. The lower level has plenty of full-size windows which allows this space to be bright and cheery. This home is sure to please and offers a well thought out floor plan that is great for entertaining or enjoying the peace and quiet.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2018
Closed on
Oct 31, 2018
Sold by
Yan Xiao Hai and Wang Yi Hong
Bought by
Williams Andrew
Seller's Agent
David Sordelet
Real Broker, LLC
Buyer's Agent
Billie Chubb
Real Broker LLC
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$954,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,795
Avg. Annual Appreciation
5.41%
Original Mortgage
$520,000
Outstanding Balance
$455,356
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$499,439

Purchase Details

Closed on
Apr 23, 2010
Sold by
Yan Xiao Hai
Bought by
Yan Xiao Hai and Wang Yi Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2004
Sold by
Gooding Jeffrey W
Bought by
Yan Xiao Hai and Wang Yi Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.74%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Williams Andrew -- None Available
Yan Xiao Hai -- None Available
Yan Xiao Hai -- None Available
Yan Xiao Hai $720,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Andrew $520,000
Previous Owner Yan Xiao Hai $250,000
Previous Owner Yan Xiao Hai $333,700
Closed Yan Xiao Hai $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2018 10/31/18 Sold $650,000 0.0% $118 / Sq Ft View Prior Sale
09/21/2018 09/21/18 Price Changed $650,000 +1.6% $118 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
06/07/2018 06/07/18 Price Changed $640,000 -1.5% $116 / Sq Ft
03/18/2018 03/18/18 For Sale $650,000 0.0% $118 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $650,000 -- $118 / Sq Ft

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 $9,636 $226,300 $29,000 $197,300
2023 $9,372 $226,300 $29,000 $197,300
2022 $9,350 $226,300 $29,000 $197,300
2021 $9,153 $226,300 $29,000 $197,300
2020 $8,915 $226,300 $29,000 $197,300
2019 $7,981 $226,300 $29,000 $197,300
2018 $138 $226,300 $29,000 $197,300
2017 $7,382 $226,300 $29,000 $197,300
2016 $7,382 $226,300 $29,000 $197,300
2015 $6,724 $226,300 $29,000 $197,300
2014 $6,722 $226,300 $29,000 $197,300
Source: Public Records

Agents Affiliated with this Home

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