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$795,000

Beds
4
Baths
4.0
sq ft
2,350

561 Upper Pike Creek Rd, Newark, DE 19711

561 Upper Pike Creek Rd

NEWARK, DE 19711

  • 4 days on market
Welcome to 561 Upper Pike Creek Road, a property steeped in history, having been transferred in 1778. The main structure, originally a mill, has been beautifully renovated and expanded into a three-bedroom, three-bathroom home. The auxiliary structure, formerly a barn, now serves as a guest house, featuring one bedroom, one bathroom, a kitchen area, loft, and living room. As you enter through the side door and into the foyer of the main home, you'll be greeted by flagstone flooring that flows seamlessly into the living room, which boasts a double-sided fireplace, decorative molding, and floor-to-ceiling windows overlooking the picturesque grounds. To the right is the expansive living room, one side adorned with floor-to-ceiling windows, wooden beams, and a wood-burning fireplace. Access to one of the many patios is available from this living room. Continuing through the living room and back into the foyer, you'll find the dining room on the opposite side. This dining room, part of the original structure, features exposed stone walls, wooden beams, new wallpaper, and wide plank flooring. From the dining room, you can enter the newly renovated kitchen, complete with freshly painted wood cabinets, brand new quartz countertops and backsplash, along with a breakfast bar. Venture upstairs and you'll once again encounter exposed stone as you ascend to the second level. Here, you'll first discover a full bath that connects to the second bedroom, which features exposed beams, a double closet, and a Juliet balcony. Further down the hall, you'll find the spacious primary suite. Upon entering, you'll notice two closets and a refreshed primary bath that includes laundry facilities. The bedroom features two additional closets, vaulted ceilings, and two French doors leading to your own private balcony, which also connects to the rear yard and another patio. Returning to the second-floor hallway, you'll find the entrance to the third floor, which is a large bedroom with its own bath and a spacious closet. The secondary structure is currently in operation as an Airbnb. It showcases original shiplap walls throughout, a large fireplace with a wood stove insert in the living room, and French doors leading to a private patio. Ascend a few stairs to find the kitchen area, a large bedroom, and a bath that includes its own laundry facilities. From this level, additional stairs lead to a loft, which is presently used as a guest room/office with skylights. This property encompasses over an acre of land, featuring two homes, a large paver driveway, a two-car garage, multiple patios, and an in-ground pool.

Details

Property type

Single Family Residence

Est. home value

$703,790

Lot size

1.35 acres

Price per sq ft

$339

Year built

1800

Annual property taxes

$6,291

HOA

No

Price History

04/05/2025
Bright

Bright #DENC2078960

Listed
$795,000
+13.57%
07/26/2022
Bright

Bright #DENC2022700

Sold
$700,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$160,443
Asking price
$795,000
Closing costs (~8% of asking)
-$63,600
Est. remaining loan balance
-$570,957
Cash to seller
$160,443

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

July 2022

Original loan amount

$595,000

Est. remaining balance

$570,957

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Patrick William Haydt and Daniel Stephan

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 2:25 PM

Listing updated: 04/07/2025 at 12:06 PM

Listed by: Patrick Haydt, Compass Phone #: (302) 202-9855

MLS: Bright #DENC2078960

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