Maximize the profit potential of

16 Summit Ln,Wilmington, DE 19807

4

beds

6

baths

8,153

sqft

Built

1998
132,422

sqft Lot

2

stories

9

car garage

A/C

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16 Summit Ln
Home value
Details
Homeowner tools
Reno ROI
Neighborhood
Comps
Sales nearby
Schools
Maintenance

Details for 16 Summit Ln, Wilmington, DE 19807

Located in the Stoney Run neighborhood, this property was built in 1998.

General details

Table iconBuilt in:1998
Table iconBedrooms:4
Table iconBathrooms:6
Table iconSchool district:Red Clay Consolidated
Table iconCounty:New Castle

Price and tax history

Table iconLand value:$70,500
Table iconProperty tax:$15,790.88
Table iconProperty tax year:2021
Table iconSale date:08/05/2022
Table iconSale price:$3,500,000

Interior details

Table iconBasement:Yes
Table iconStories/floors:2
Table iconWaterfront:No
Table iconTotal rooms:14

16 Summit Ln information

Table iconType:Colonial
Table iconUse:Single Family Residence
Table iconLot size:132,422 sqft
Table iconBuilding size:8,153 sqft

Exterior of the house

Table iconGarage:9 cars, Mixed
Table iconRoof:-
Table iconExternal walls:Brick
Table iconPool:Yes

House fixtures

Table iconHeating:Forced Air
Table iconFire place:Yes
Table iconAir Conditioning:Central
Table iconHeater replacement:-

This beautiful 2 story residential property has 8,153 sq ft of living space. It has a 9-car garage space. In total, the home has 14 rooms.

This house has a cozy fireplace for your family on chilly evenings, and A/C to keep your home cool and comfortable.

The nearest school district is Red Clay Consolidated and the distance to the nearest school is 1.6 miles.

This property was last sold for $3,500,000 on 08/05/2022 and its property tax value is $15,790.88 from 2021

Homeowner Tools

Solutions that adapt to each specific house to provide the best insights to improve home value
Remodel cost estimator
Remodel cost estimator

16 Summit Ln could benefit from a Kitchen renovation, try the cost estimator to determine the cost.

Estimate a remodel
Homeowner dashboard
Homeowner dashboard

Optimize home equity and keep it in shape with recommendations for seasonal tasks in 19807.

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Refinance & loans
Refinance & loans

Try the quick, easy, no-obligation home financing tool that allows you to review your financing options

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Contractor Solutions
Contractor Solutions

Around Wilmington, there are 907 vetted contractors. Find the best one for your renovation project

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Growing Home Equity

Determining Home Equity can be difficult if you don’t have all your facts straight. Depending on where you live, certain projects can give more value to your home than others, and some projects can even reduce your home value!
For 16 Summit Ln you should think about remodeling your Kitchen, it can provide an ROI around 2%

ROI stands for Return on Investment, which is how investors, through a mathematical formula, determine the percent earned. A good ROI for a standard property in Wilmington, DE is about 9% of the total value of the property.

Renovation Return on Investment

Remodel:
Kitchen Renovation
$111,276
Master Bathroom Renovation
$70,464
Full Bathroom Renovation
$18,003
Bedroom Renovation
$7,752
Cost to renovate
$207,495
Increase in home value 
$211,644

Forecasted value over the next 5 years

How do we calculate how much property value will change over 5 years?

For zip code 19807, we combine macroeconomic trends together with regional economic activity, plus we evaluate overall home price trends and the pace of construction in the area. We then apply data unique to Kukun in statistical forecasting models to arrive at the estimate of 13.9% growth in 5 years, with a statistical range between -0.75% and 28.57%
For zip code 19807, the graph shows a projected growth of 13.9% over the next five years, with a statistically significant range of growth between -0.75% and 28.57%.

The Kukun Home Dashboard shows how the Property Condition Score impacts both the home value and the forecasted home value.
5-year growth forecast
14.1
polygon%

5 YEAR GROWTH

NOW

+2.84%

GROWTH

1 YEARS

+1.16%

GROWTH

2 YEARS

3 YEARS

4 YEARS

5 YEARS

Know Your Neighborhood

Neighborhood overview around 16 Summit Ln

Each Neighborhood is rated with factors like Air Quality, Transit, or Crime. Here the rating is from Green (Good to go) to Red (Facing challenges)

Walk

Car-Dependent

Most errands require a car

Transit

Minimal transit

It is possible to get on a bus

Crime

Less than US average

Non violent offenses

Air Quality

Healthy

Air pollution poses little or no risk

Natural Hazards

Few high-risk hazards

High risk of Tornados, Heatwaves, or Floods

Home values

See prices of homes nearby the subject home, with color coding for those that are in the same price range, those that are above, and those that are below
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Comparable sales

Comparable homes are properties that have recently sold in the same neighborhood or in the area that is close to the subject home, which have a value that can be used as a benchmark. No two homes are exactly alike, so key differences are highlighted for comparison purposes
+0.91%

More expensive than similar sales

+194.6 Score

Property condition score is higher than average

-1 Beds

Similar sales have 5 beds average

+1,507 sqft

This property has a bigger building size than average

+16 years

Newer than similar properties

Recent sales nearby

Address Price Sale date Bed /Bath Home sqft Year built Lot sqft
1 9 Summit Ln, Wilmington, DE 19807 $2,200,000 06/29/2022 6 / 7.0 6,525 1994 157,687
2 145 Carpenters Row, Wilmington, DE 19807 $747,900 10/12/2022 3 / 5.0 3,825 1998 6,098
3 137 Carpenters Row, Wilmington, DE 19807 $525,000 06/15/2023 3 / 2.0 2,375 1999 4,356
4 125 Carpenters Row, Wilmington, DE 19807 $541,750 08/05/2022 3 / 4.0 2,300 1997 3,049
5 306 N Ashview Ln, Wilmington, DE 19807 $2,400,000 10/12/2022 5 / 8.0 6,050 2006 43,560
6 607 Wynyard Rd, Wilmington, DE 19803 $599,000 03/05/2014 4 / 3.0 4,200 1974 18,295
7 606 Wynyard Rd, Wilmington, DE 19803 $802,000 05/30/2023 5 / 2.0 3,100 1970 16,553

Address

Price

Sale date

Bed /Bath

Home sqft

Year built

Lot sqft

0/7

9 Summit Ln, Wilmington, DE 19807

$2,200,000

06/29/2022

6 / 7.0

6,525

1994

157,687

145 Carpenters Row, Wilmington, DE 19807

$747,900

10/12/2022

3 / 5.0

3,825

1998

6,098

137 Carpenters Row, Wilmington, DE 19807

$525,000

06/15/2023

3 / 2.0

2,375

1999

4,356

125 Carpenters Row, Wilmington, DE 19807

$541,750

08/05/2022

3 / 4.0

2,300

1997

3,049

306 N Ashview Ln, Wilmington, DE 19807

$2,400,000

10/12/2022

5 / 8.0

6,050

2006

43,560

607 Wynyard Rd, Wilmington, DE 19803

$599,000

03/05/2014

4 / 3.0

4,200

1974

18,295

606 Wynyard Rd, Wilmington, DE 19803

$802,000

05/30/2023

5 / 2.0

3,100

1970

16,553

Based on the values extracted from recently sold nearby homes, these properties built around the year 1991, on average consist of 4 bedrooms and 4 bathrooms. They typically offer a lot size of approximately 35,657 sqft with a building size of around 4,054 sqft, fetching a median sale price of $747,900.

Neighborhood schools

1
Brandywine Valley Christian Presch(Elementary)

Distance: 1.9 miles   |  Private

2
Montessori Learning Centre(Elementary)

Distance: 2.2 miles   |  Private

3
Academia Antonia Alonso(Elementary)

Rating 2/10  |  Distance: 2.7 miles   |  Private

4
Highlands Elementary School(Elementary)

Rating 2/10  |  Distance: 2.7 miles   |  Private

5
The Pilot School(Middle)

Distance: 1.9 miles   |  Private

6
St Mary Magdalen School(Middle)

Distance: 2.0 miles   |  Private

7
Dupont (Alexis I) Middle School(Middle)

Rating 2/10  |  Distance: 2.1 miles   |  Private

8
Springer Middle School(Middle)

Rating 5/10  |  Distance: 2.7 miles   |  Private

9
Dupont (Alexis I) High School(High)

Rating 2/10  |  Distance: 1.6 miles   |  Private

10
Tower Hill School(High)

Distance: 2.3 miles   |  Private

Get the schools map and many more with an iHomeReport for $39.95Get an iHomeReport

As a trusted source of school data, we provide information and ratings from the U.S. Department of Education. Prospective buyers and renters can utilize this data as an initial resource in evaluating their preferred schools. To determine school enrollment eligibility, we advise you to conduct your own inquiries and reach out to schools or school districts directly for precise data. Kukun cannot guarantee the accuracy of this information.

Maintenance tasks

Seasonally adjusted

September

Have heating system checked and ducts cleaned
A servicing by a licensed HVAC professional can ensure that your system will work through extreme weather. Plus, significant dust build-up in ducts is common and can be a health hazard and aggravate those with allergies.

September

Change HVAC air filters
Helps keep the air in your home clean by trapping dust and other airborne particles, reducing allergens and providing cleaner air to breathe. Helps your HVAC system run more efficiently and helps extend the life of the system.

September

Seed the lawn (best time for strong grass in Spring)
The fall season`s soil temperatures and higher levels of rainfall provide ideal conditions for new seedlings to establish a healthy root system. When spring comes the new grass will be stronger and grow faster.

September

Check that the fireplace damper is closed
The damper prevents warm air from escaping out of the fireplace. It also helps to prevent cold drafts and outside air from entering the home through the fireplace, and it helps to reduce energy costs.

Why?

A servicing by a licensed HVAC professional can ensure that your system will work through extreme weather. Plus, significant dust build-up in ducts is common and can be a health hazard and aggravate those with allergies.

See how

Are you the owner? get a free customized annual maintenance schedule with reminders when you claim your home.

FAQ for 16 Summit Ln, Wilmington, DE 19807

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