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Sale Pending

1762 Otts Chapel, Newark, DE, 19702

$649,900

Home List Price

$7,718*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
4,160 SqFt
$156/SqFt
House

Location

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1762 Otts Chapel, Newark$649,900

Buyer Closing Credits

$7,718*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Inside Access, Attached Garage, Driveway
Garage2 spaces
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #DENC2071034
Lot Size2.28 Acres
StatusSale Pending
(PENDING)

About 1762 Otts Chapel

Welcome to your dream home at 1762 Otts Chapel Road, Newark, DE—a stunning new construction Colonial masterpiece nestled on an expansive 2.28-acre lot. This elegant 5-bedroom, 4.5-bathroom residence spans an impressive 4,160 square feet, offering both luxury and modern convenience. As you enter, you are greeted by a covered front porch that invites you into an open-concept living space, seamlessly integrating the living room, dining room, and kitchen. The living room features a striking corner gas fireplace and cathedral ceilings, creating a warm and inviting atmosphere. The gourmet kitchen is a chef's delight, boasting 42” soft-close cabinets, marbled quartz countertops, stainless steel appliances, and a chic glass tile backsplash. The first floor hosts two primary suites, each with a walk-in closet and a water closet, offering privacy and comfort. Luxury vinyl plank flooring enhances the elegance of the main and basement levels, while spa-like marbled tile finishes adorn all bathrooms. The finished basement is ideal for entertainment, featuring a large family room, a bonus room, and a full bath, with walk-out access to a concrete patio. Upstairs, you'll find three additional bedrooms, all with new carpeting, and a well-appointed bathroom. Complete with air conditioning, a full basement, and a two-car attached garage, this home is perfectly situated near shopping, dining, and major routes, offering unparalleled convenience in the heart of Newark.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2024
  • Stories: 2
  • Living Area: 4,160 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (302) 202-9855
  • Listing Agent: Jeffrey Stape

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Stainless Steel Appliances
  • Basement: Yes
  • Interior: Attic, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Pantry, Walk-in Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Front Entry, Inside Access, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot Size: 2.28 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: .

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,900
  • Price Per SqFt: $156/SqFt
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Housing Market Comparison

See how this home compares to others in Newark, DE.

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Newark, DE

City

Med. Sold Price

$365.1K

Med. Price/SqFt

$199

Avg. Days On Market

13

# of Sold Homes

68

1762 Otts Chapel vs Newark

32 DAYS ON ROCKET

+19 Days

$649,900

+$284.7K More

$156/SqFt

-$44 Less

KEY TAKEAWAY

This property is $284.7K more than the Median Sold Price and $44/SqFt less than other homes in Newark, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DENC2071034

Listing Office:

  • Office Name: Compass
  • Office Phone: (302) 202-9855
  • Listing Agent: Jeffrey Stape

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,311

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3483000
7
/10

  • Brader (Henry M.) Elementary School

  • 350 Four Seasons Pkwy

  • 1.16 miles

  • Public District Grades KG-5

school-card-donut-3483001
4
/10

  • Thomson Estates Elementary School

  • 203 E Thomson Dr

  • 2.18 miles

  • Public District Grades PK-5

school-card-donut-3483002
6
/10

  • McVey (Joseph M.) Elementary School

  • 908 Janice Dr

  • 2.21 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $129,000. The majority of Newark, DE residents have income between $35k-100k annually. The majority of families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Newark, DE

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Newark, DE?

Newark's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences. The architectural styles in Newark are eclectic, with a blend of contemporary, colonial, and ranch-style homes. A significant portion of the housing stock was developed in the late 20th century, reflecting a period of growth and expansion in the area.

Is Newark, DE a good place to live?

Newark is celebrated for its vibrant community spirit and cultural events, such as the Newark Film Festival and the annual Food and Brew Fest. The city prides itself on its blend of urban amenities and suburban comfort, creating an inviting atmosphere for both residents and visitors.

Are things conveniently located in Newark, DE?

The community benefits from a robust educational system, including a number of public and private schools that cater to various educational needs. Healthcare facilities in Newark are comprehensive, offering a range of services from primary care to specialized treatments. The city also features a selection of retail and dining options that showcase local flavors and cultures, with ongoing initiatives to enhance these services to meet the needs of its growing population.

What does the transportation in Newark, DE look like?

Newark's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate travel within and beyond the city. Public transportation services are available, providing connections to key areas. The city is also focused on improving walkability and bikeability, particularly in the downtown area, to promote a more sustainable and accessible environment for residents and commuters.

Frequently Asked Questions About 1762 Otts Chapel

What is the listing price of this property?

The listing price of 1762 Otts Chapel property is $649,900.

What type of property is this?

The property 1762 Otts Chapel is a house located in Newark, Delaware, 19702.

Is this property for sale now?

Sale Pending: 1762 Otts Chapel is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

How many bedrooms and bathrooms does this property have?

The property at 1762 Otts Chapel has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1762 Otts Chapel is 4,160 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1762 Otts Chapel is 2024.

Rocket Homes›Delaware›New Castle County›Newark›19702›1762 Otts Chapel

This home is located at 1762 Otts Chapel in Newark, DE and zip code 19702. This 4,160 square foot home, which was built in 2024, sits on a 2.28 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $649,900.

While more than 31 listings in Newark, DE in November 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 20 were sold below. Between October 2024 and November 2024, Newark, DE real estate market has seen decrease in the number of listings by 6.5%. In November 2024 median list price was $365,183 and the average listing age was 13 days.

From Rocket Homes Real Estate and based on county public records data.

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