Back 2 Phelps Lane
Off Market

2 Phelps Lane

Newark DE 19711

4
2
1
1850 sq. ft.
6534 sq. ft.
Single-Family
Last sold for $331,000
Hui CongHui Cong, last sold this property on 28 June 2024 after 27 days on market.

Overview

Location! Location! Location! Rarely seen freshly painted 4 Bedrooms, 2 Full Bath Cape Cod home with garage and fence in the heart of City of Newark and within 5 miles of the Newark Charter School. Brand new Kitchen countertop and Stove. The property is one of the few houses in the neighborhood with central AC(2019) installed with hidden ducts. With the close proximity to the Main Street, University of Delaware, and shopping, this unique property offers the convenience of first floor bedrooms, bathroom, and the appeal of a 2nd floor cape. Gleaming hardwood flooring throughout the house. The main level boasts of the great room, an updated kitchen, two good-sized bedrooms, and a full bath. The upper-level features two bedrooms and a full bath. The property is within the City's corporate limit and therefore enjoys the amenities like recycle, trash, yard waste, and leaf collection services.

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
1850 sq. ft. floor area
6534 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 2 Phelps Lane is $530k.

Median value
$530k
Estimated value range
$292k - $960k
Median days on market
8
Estimated value trend
4%
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 2 Phelps Lane

2024
Sold
$331,000
28 Jun 2024 by Hui Cong, of BHHS Fox & Roach - Hockessin

Happy sellers in Newark

93%
93% 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 13 reviews in Newark over the last 12 months.

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

In the last 12 months, 185 four-bedroom single-family properties similar to 2 Phelps Lane, have been sold.

This represents a 16% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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