NOT LISTED FOR SALE

97 Munro Rd Newark, DE 19711

Estimated Value: $506,000 - $580,000

4 Beds
4 Baths
2,850 Sq Ft
$193/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $440,000 $154 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,968/month

44 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of July 2021

A corner property situated in the neighborhood of Newark Preserve. Only 1.4 miles from the University of Delaware campus. This home is young, built in 2015, and has alot special features including 2,850 square feet - not to mention the additional square feet in the basement. Traditional style with a center staircase and formal dining and living room on either side, the back has an open plan with a family room and kitchen. Note: Fresh painting on some rooms on the main level and fresh carpeting take you upstairs. Double garage with an extended paved driveway. Also, partial fencing on the side of the home so that you can feel secluded and relax in your three season sunporch. Four generous bathrooms upstairs with the primary bedroom offering built-ins in the dual closets to fit it all! The primary bedroom also has its own ensuite with double sinks! Downstairs is finished with additional storage space, a powder room and an egrees window. Close proximity to Newark Charter (1.5 miles) and your favorite Newark restaurants, parks and recreation or the University of Delaware stadium. Open House originally scheduled for May 16, 2021 from 1-3 has been cancelled.

Last Agent to Sell the Property

Kimberly Morehart

(302) 419-8901 kimberlymorehart@gmail.com Compass License #RS-0020728 Listed on: 04/02/2021

Compass

Co-Listed By

Debra Wetherby

(610) 304-5504 dlwetherby1@gmail.com Compass

Last Buyer's Agent

Richard Zernell

(302) 230-6493 richard.zernell@foxroach.com BHHS Fox & Roach-Concord

BHHS Fox & Roach-Concord

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,084

Year Built

  • Built in 2015

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned 18RD

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,850 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Newark Preserve Subdivision

Listing and Financial Details

  • Tax Lot 165
  • Assessor Parcel Number 18-030.00-165

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,084

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: All appliances (refrigerator, washer, dryer), exercise equipment (bike and cross-trainer) desk with 2 bookcases in basement.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2850
  • Living Area Sq Ft: 2850
  • Price Per Sq Ft: 159.82
  • Above Grade Finished Sq Ft: 2850
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Shingle
  • 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 Door Opener
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Zoning: 18RD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3053.00
  • Tax Annual Amount: 4084.00
  • Assessor Parcel Number: 18-030.00-165
  • Tax Lot: 165
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jul 30, 2021
Sold by
Foster Daphne and Foster Myrone Jamal
Bought by
Gibbs Lee
Seller's Agent
Kimberly Morehart
Compass
Buyer's Agent
Richard Zernell
BHHS Fox & Roach-Concord
List Price
$457,500
Sold Price
$440,000
Premium/Discount to List
-$17,500
-3.83%
Current Estimated Value
$549,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,643
Avg. Annual Appreciation
5.24%
Original Mortgage
$426,332
Outstanding Balance
$386,171
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$162,506

Purchase Details

Closed on
Oct 19, 2017
Sold by
Smith Daphne and Foster Daphne
Bought by
Foster Daphne and Foster Myrone Jamal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2015
Bought by
Smith Daphne

Purchase Details

Closed on
Dec 1, 2014
Sold by
Wilson Farm Associates Llc
Bought by
The Ryland Group Inc
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
Gibbs Lee -- None Available
Foster Daphne -- None Available
Smith Daphne -- --
The Ryland Group Inc $172,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Lee $426,332
Previous Owner Foster Daphne $258,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $440,000 -3.4% $154 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/12/2021 05/12/21 Price Changed $455,500 -0.4% $160 / Sq Ft
04/02/2021 04/02/21 For Sale $457,500 -- $161 / 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 $1,036 $98,200 $13,700 $84,500
2023 $3,551 $98,200 $13,700 $84,500
2022 $3,513 $98,200 $13,700 $84,500
2021 $3,423 $98,200 $13,700 $84,500
2020 $3,325 $98,200 $13,700 $84,500
2019 $2,914 $98,200 $13,700 $84,500
2018 $14,886 $96,200 $13,700 $82,500
2017 $744 $96,200 $13,700 $82,500
2016 $2,698 $96,200 $13,700 $82,500
2015 $2,381 $94,900 $13,700 $81,200
2014 $171 $6,800 $6,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC523594

Bright MLS

APN: 18-030.00-165