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$547,500

Beds
4
Baths
2.5
sq ft
2,200

5 Charles Pt, Newark, DE 19702

5 Charles Pt

NEWARK, DE 19702

  • 12 days on market
Beautiful 4-Bedroom Home in Newark, DE nestled in the desirable community of Tornwood – Move-In Ready! This home offers modern upgrades, a full unfinished basement, and a two-car garage in a prime location near I-95, Route 896, and U.S. Route 40—just minutes from shopping, dining, and the University of Delaware and close proximity to The Christiana Mall. The beautifully landscaped front yard features an in-ground drip irrigation system (2023), a freshly sealed double-wide driveway, and a covered front porch. Step inside to a bright foyer with a coat closet and half bath. The main level features a formal dining room, a versatile flex space, and a large eat-in kitchen with 42” ceiling-height cabinets, black granite countertops, and brand-new stainless steel energy efficient appliances (April 2024), pantry and sliding glass doors leading to the backyard complete the space. The adjacent living room features a cozy gas fireplace. Upstairs, the primary suite features a walk-in closet, three windows filling the room with natural daylight, newer ceiling fan and en-suite bath with glass-door stand up shower, upgraded vanity, and tile flooring. The convenient spacious second-floor laundry room right outside of the primary bedroom includes plenty of storage. Continuing down the hall, there are three additional spacious bedrooms, all with new ceiling fans (2023). A second full bath includes upgraded finishes and a tub/shower combo. Out back, enjoy a new large deck with serene wooded views and a fully fenced yard with a new split rail fence (2023) including black mesh backing, two single gates and one convenient double swing gate. New HVAC installed in Oct 2022. The HVAC was fitted with vents in the basement for future plans for a finished basement. This home was recently painted and truly is move in ready. - Don't miss this opportunity, schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$544,340

Lot size

0.34 acres

Price per sq ft

$249

Year built

1997

Annual property taxes

$3,404

Monthly HOA fee

$18.75

Price History

04/05/2025
Bright

Bright #DENC2078382

Listed
$547,500
+23.03%
05/04/2022
Bright

Bright #DENC2019568

Sold
$445,000
+32.84%
07/14/2015
Bright

Bright #1002586476

Sold
$335,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

GLASGOW

Community features: 

Street Lights

School district: 

CHRISTINA

Negotiation Insights

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

Seller could get up to

$90,656
Asking price
$547,500
Closing costs (~8% of asking)
-$43,800
Est. remaining loan balance
-$413,044
Cash to seller
$90,656

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

May 2022

Original loan amount

$435,704

Est. remaining balance

$413,044

Interest rate

4.16%

Loan type

VA, 30 year

Seller

Richard Oros Iii

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: 04/07/2025 at 2:05 PM

Listing updated: 04/06/2025 at 4:51 PM

Listed by: Mr. MATTHEW WRIGHT, EXP Realty, LLC Phone #: (888) 543-4829

MLS: Bright #DENC2078382

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