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Back 3 Phelps Ln
Off Market

3 Phelps Ln

Newark DE 19711

4
2
1
1450 sq. ft.
6534 sq. ft.
Single-Family
Last sold for $340,000
Ping XuPing Xu, last sold this property on 21 September 2022 after 55 days on market.

Overview

Lovingly maintained 4 bedrooms, 2 full bath Cape Cod home with garage in the heart of City of Newark and within 5 miles of the Newark Charter School. 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 most of the property. The main level boasts of the great room, a spacious kitchen, two good-sized bedrooms, and a full bath. The upper-level features two bedrooms and a full bath. The eat-in kitchen is bright with bay and garden windows, skylight, custom tall cabinets, and lazy Suzy. The property is one of the few houses in the neighborhood with central AC (Carrier 13 SEER variable speed Puron unit) installed with hidden ducts. It also features top of the line Weil-McLain furnace with combined AC/Furnace Honeywell Programmable Thermostat. The electrical wiring had been updated as well. The basement has been waterproofed with French Drain throughout. The roof is a GAF Weathered Wood Roof, and it is supposed to last till 2033. 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
1450 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 3 Phelps Ln is $535k.

Median value
$535k
Estimated value range
$292k - $960k
Median days on market
9
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 3 Phelps Ln

2022
Sold
$340,000
21 Sep 2022 by Ping Xu, of REMAX Edge | Wilmington
2019
Sold
$269,900
27 May 2019 by Mary Beth Adelman, of REMAX Associates | Wilmington
2018
Sold
$262,500
14 Jun 2018 by Susan Welsh, of Concord Realty Group

Happy sellers in Newark

83%
83% 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 19 reviews in Newark over the last 12 months.

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

In the last 12 months, 192 four-bedroom single-family properties similar to 3 Phelps Ln, have been sold.

This represents a 6% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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S Walton Simpson

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Jim Barone

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Chris Cohan

Sellers who recommend Chris Cohan have praised them for being local expert

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