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Back 1 Laurel Ave
Off Market

1 Laurel Ave

Newark DE 19711

4
2
1700 sq. ft.
13068 sq. ft.
Single-Family
Last sold for $369,000
Thomas DesperThomas Desper, last sold this property on 08 December 2023 after 60 days on market.

Overview

New listing and price now includes adjacent building lot (1129 Capitol Trail- Parcel #0805430261)! Whether you wish to enjoy the additional space, sell the lot at a later date or build, the additional 0.16 acre lot offers so much space! This move in-ready Cape Cod style home is located near the University of Delaware campus and downtown Newark with 4 bedrooms / 2 full bathrooms. Notable updates include a new architectural roof (2022), two new refrigerators (2023 & 2020), new stove with oven (2023), two new showers with glass sliding doors (2023), dishwasher (2022), washer & dryer (2020), hot water heater (2020), and sump pump (2020). You will find hardwood floors throughout, a sun room addition with tile , wood-burning fireplace, cedar closets, and unfinished basement with walk up egress, which can be finished for additional living space. Cooking is a pleasure in the updated kitchen with shaker style oak cabinets, plenty of counterspace and updated appliances. Outside the home boasts a fenced yard and a spacious driveway with plenty of parking. Right across the street are several shopping centers with numerous amenities and eateries. With this convenient location, this house can be used as a home office or homeowner-occupied business. In the past, this house was used for home business and could also be used as an income-producing value asset as a rental. With a strong rental demand in the current market, it can easily rent for $2,500 per month. LOCATION! LOCATION! LOCATION! Schedule your tour today.

Features

4 bedrooms
2 bathrooms
1700 sq. ft. floor area
13068 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Newark over the last 12 months, the estimated median property value of 1 Laurel Ave is $534k.

Median value
$534k
Estimated value range
$292k - $960k
Median days on market
8
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newark. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Laurel Ave

2023
Sold
$369,000
08 Dec 2023 by Thomas Desper, of Compass
2018
Sold
$30,000
15 Apr 2018 by John and Mary Luca

Happy sellers in Newark

90%
90% of sellers in Newark reported that their sale price either exceeded or met their price expectations.

Newark stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Newark over the last 12 months.

Local market activity for 4 bedroom single-family properties in Newark

In the last 12 months, 183 four-bedroom single-family properties similar to 1 Laurel Ave, have been sold.

This represents a 15% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Newark

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S Walton Simpson

Sellers who recommend S Walton Simpson have praised them for being local expert, responsive, clear communication, patient, great negotiation, strategic, and supportive

  •   5   (38 reviews)
  •  1 Review in Newark
  •  3 Sales in Newark
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Shana Delcollo

Sellers who recommend Shana Delcollo have praised them for being local expert, clear communication, responsive, stress-free process, detail-oriented, great team, and supportive

  •   5   (31 reviews)
  •  1 Review in Newark
  •  3 Sales in Newark
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Jim Barone

Sellers who recommend Jim Barone have praised them for being local expert, reliable, clear communication, responsive, supportive, friendly, and empathetic

  •   5   (44 reviews)
  •  1 Review in Newark
  •  2 Sales in Newark
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Chris Cohan

Chris Cohan is a recommended agent for Newark.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (18 reviews)
  •  1 Review in Newark
  •  1 Sale in Newark
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