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Backup Offers

321 Possum Park Rd, Newark, DE, 19711

$495,000

Home List Price

$5,878*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,510 SqFt
$197/SqFt
House

Location

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321 Possum Park Rd, Newark$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Rear Entry, Garage Door Opener, Inside Access, Oversized, Paved Driveway, Attached Garage, Driveway
Garage2 spaces
Year Built1958
HeatingForced Air
CoolingCentral Air, Whole House Fan
BasementYes
FireplaceFireplace - Glass Doors, Heatilator, Double Sided
MLS #DENC2071082
Lot Size1.38 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 321 Possum Park Rd

This wonderful custom-built ranch home sits on 1.38 acres in a prime Newark location, free from deed restrictions. With easy access to White Clay Creek State Park and directly across from Middle Run Valley Natural Area, it’s a perfect setting for nature lovers seeking mountain biking, hiking, and countless outdoor activities. The property offers complete single-story living, ideal for those looking to expand their lifestyle needs or downsize without sacrificing space. The home’s three-year-old metal roof ensures lasting durability, and upgrades to property include public water and sewer, with natural gas available for future connection. An original well remains, a potential source of water for gardening or other uses. The spacious, oversized two-car garage accommodates vehicles with room to set up shop for hobbies or projects, while the expansive paved parking area can store trailers, additional cars, and recreational vehicles. At the back, a generous covered deck provides a serene overlook of the large yard, perfect for gardening & hosting gatherings for family & friends. Inside, you’ll find original hardwood floors throughout the main level, adding warmth and character to each room. The front entryway features a charming Dutch door and a roomy coat closet, leading into a grand living room where recently uncovered hardwood floors look amazing having been protected under carpet for years. These same floors continue under any remaining carpet on the main level. The living room boasts triple windows overlooking the deck and a double-sided wood-burning fireplace with a heatilator for added comfort, which also enhances the adjacent sunlit dining room. The kitchen, with tasteful solid wood cabinetry and a large walk-in pantry, was designed with past renovations to provide practicality and style, including convenient features like a microwave shelf and an appliance garage. There is a HUGE Walk-up Attic for the utmost in storage convenience. All 4 bedrooms are spacious corner rooms, each with multiple windows and substantial floor-to-ceiling closets. The south wing hosts two bedrooms & full bathroom including the primary bedroom, while the north wing features two more bedrooms and a second full bathroom with a whole-house fan. Both bathrooms are finished with classic tiled walls and floors, and updated tub enclosures. The laundry is thoughtfully relocated in the north wing bathroom for easy access. The finished daylight walk-out basement extends the living area with a recreation room that opens through French doors to the rear patio. Additional basement features include plumbing for a toilet, a large storage closet, a former vegetable/root cellar, a utility room with outdoor access, and inside access to the superior garage. This unique property, situated within the Newark Charter School 5-mile radius, offers an exceptional opportunity to create the home and lifestyle you desire. Don’t miss out—schedule your tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1958
  • Stories: 1
  • Living Area: 2,510 SqFt

Listing Office:

  • Office Name: Coldwell Banker Rowley Realtors
  • Office Phone: (302) 995-1200
  • Listing Agent: Kathy L Melcher

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven, Electric Range, Refrigerator, Trash Compactor, Washer, Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Additional Stairway, Attic, Attic/House Fan, Bathroom - Tub Shower, Breakfast Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Recessed Lighting, Wood Floors, Ceiling Fan(s), Upgraded Countertops
  • Fireplace: Fireplace - Glass Doors, Heatilator, Double Sided

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting, Street Lights

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Rear Entry, Garage Door Opener, Inside Access, Oversized, Paved Driveway, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot, Wooded
  • Lot Size: 1.38 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Whole House Fan

Other

Directions Information:

  • Directions: Paper Mill Road to Possum Park Road (first house on Right past Nancys Way)

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $197/SqFt

Tax Information:

  • Annual Amount: $3,362
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$359.9K

Med. Price/SqFt

$199

Avg. Days On Market

15

# of Sold Homes

92

321 Possum Park Rd vs Newark

7 DAYS ON ROCKET

-8 Days

$495,000

+$135K More

$197/SqFt

-$3 Less

KEY TAKEAWAY

This property is $135K more than the Median Sold Price and $3/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: #DENC2071082

Listing Office:

  • Office Name: Coldwell Banker Rowley Realtors
  • Office Phone: (302) 995-1200
  • Listing Agent: Kathy L Melcher

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: 11/15/2024, 11:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,362$93,000
2020 - $93,000
2019$2,752$93,000
2018$2,641$93,000
2017$2,534$93,000

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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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-457621
7
/10
  • Maclary (R. Elisabeth) Elementary School

  • 300 Saint Regis Dr

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-457622
9
/10
  • Wilson (Etta J.) Elementary School

  • 14 Forge Rd

  • 1.61 miles

  • Public District Grades KG-5

school-card-donut-457623
9
/10
  • Linden Hill Elementary School

  • 3415 Skyline Dr

  • 2.78 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $145,395. The most common annual income of people living in Newark, DE is between $100k-200k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 321 Possum Park Rd

What is the listing price of this property?

The listing price of 321 Possum Park Rd property is $495,000.

What type of property is this?

The property 321 Possum Park Rd is a house located in Newark, Delaware, 19711.

Is this property for sale now?

Accepting Backup Offers: 321 Possum Park Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,362 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 321 Possum Park Rd has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 321 Possum Park Rd is 2,510 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 321 Possum Park Rd is 1958.

Rocket HomesDelawareNew Castle CountyNewark19711321 Possum Park Rd

This home is located at 321 Possum Park Rd in Newark, DE and zip code 19711 in the Deer Run neighborhood. This 2,510 square foot home, which was built in 1958, sits on a 1.38 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $495,000.

In October 2024, from all listings sold in Newark, DE there were more than 42 sold above asking price, over 24 sold below and more than 26 were sold right at the asked price. Between September 2024 and October 2024, Newark, DE real estate market has seen increase in the number of listings by 5.1%. The median list price of listings available in October 2024 was $359,929, while the average time on the real estate market was 15 days.

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

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