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4 W Clairmont Drive
Newark, DE 19702
$465,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3000
Property Description
Looking for a unique home with lots of space? Don't wait to tour 4 W Clairmont Drive. Nestled in the tranquil community of Glendale stands this truly remarkable home. Once the original farmhouse of the area, this 1920 home has been meticulously remodeled blending historic charm and modern upgrades, creating a one-of-a-kind living experience. Approaching the home, you will be impressed by the large lot, (almost 0.7 acres) and four car driveway. If the stately tulip magnolia tree could talk, can you imagine what stories it could tell of days gone by? Follow the inviting walkway to the side entry sunroom that welcomes you in, a comfortable spot to enjoy year round with lighted ceiling fans and pleasant views of the estate. Step inside onto the original flagstone entryway where you get a peek of all the space and stunning updates you will discover throughout. Take note of luxurious vinyl plank flooring, and new windows throughout along with updated LED lighting in addition to new fixtures and appliances. On the left is a full bathroom, complete with accessibility and safety features and a step-in shower featuring built-in seats. A generously sized study offers versatility as a home office or 1st level bedroom. The heart of this home lies in its farmhouse-style eat-in kitchen, boasting a timeless black and white decor and by open-concept shelves offset by a striking hexagon pattern tile backsplash. Equipped with top-of-the-line Samsung appliances, including a Smart Electric Range with No-Preheat air fry & convection, built-in dishwasher, double door fridge and freezer, and a vented range hood this kitchen is a culinary haven. Adjacent, a charming coffee and storage nook adds convenience and flair. There is plenty of storage in the under counter cabinets as well as below the island. The laundry is conveniently located off the kitchen also with all new appliances. Flowing seamlessly from the kitchen, the dining room invites gatherings with ample space for entertaining. Continuing through the rear foyer leads to a spacious family room. The foyer also grants access to the rear porch, a great place to sit with a morning brew and survey the garden settings. The family room features a wood-burning fireplace and built-in bookshelves, perfect for cozy evenings and large gatherings. From the family room you also have access to the front porch providing a covered entry, and another tranquil spot for outdoor enjoyment. Steps up lead to 4 bedrooms 2 full baths and wait … wait … 2 bonus rooms. The first upper bathroom was updated while preserving classic features like the arched shower and small tile pinwheel floor pattern while adding an extra large vanity sink. Nearby are 2 generous bedrooms with carpeted floors. Up ½ level is another full bathroom, showcasing both a roomy neo- angle modular step-in shower and a separate luxurious soaking tub. The primary bedroom and another large bedroom are also located on this level. Ascending further to the third level, two bonus rooms (More than 238 SF), offering endless possibilities as studio, playroom or even additional bedroom. The list of updates are too numerous to mention but include a newer roof, new windows, new kitchen with new appliances, new heat pump and new mini-split system for 2 upper rooms, new flooring, new lighting and outlets. The list goes on. With the largest lot in the community, the yard offers endless potential. With a patio for a gazebo, two storage sheds, and more than enough space for a garden, pool, playset or all three! Freshly mulched garden beds and built-in birdhouses enhance the serene setting, while the side yards also offer room for outdoor activities. Conveniently located near Route 40 and Governor’s Square, you can find any needed amenity nearby including shopping, restaurants, hardware. This home offers the perfect blend of space, tranquility and accessibility. Don't miss the opportunity to make it yours - schedule your showing today!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1920
MLS Number
DENC2057636
Location
Address
4 W CLAIRMONT DRIVE
City
NEWARK
State
DE
Zip Code
19702
County
NEW CASTLE (NEWARK)
Listing
Provider
Keller Williams Realty - Willmington, original listing
Name
Keller Williams Realty - Willmington
Phone
(302) 299-1100
Office Name
Keller Williams Realty Wilmington
Office Phone
(302) 299-1100
Agent Name
Ken Van Every

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.