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$649,900

Beds
5
Baths
4.5
sq ft
4,160

1762 Otts Chapel Rd, Newark, DE 19702

1762 Otts Chapel Rd

NEWARK, DE 19702

  • 8 days on market
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.

Details

Property type

Single Family Residence

Property condition

New Construction

Lot size

2.28 acres

Price per sq ft

$157

Year built

2024

HOA

No

Price History

10/31/2024
Bright

Bright #DENC2071034

Listed
$649,900
+381.76%
12/30/2018
BrightMLS

BrightMLS #1000321801

Sold
$134,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

GLASGOW

School district: 

CHRISTINA

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Shallcross Mortgage Company

Loan start date

May 2020

Original loan amount

$300,000

Est. remaining balance

$0

Interest rate

3.65%

Loan type

Not Provided, 1 year

Seller

Safwat Nasr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/08/2024 at 8:35 AM

Listing updated: 11/01/2024 at 1:44 PM

Listed by: Jeffrey Stape, Compass Phone #: (302) 202-9855

MLS: Bright #DENC2071034

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