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MAY 2011
TeamWebster e agazine
P A T T E R S O N - S C H W A R T Z
R E A L
E S T A T E
TeamWebster TeamWebster eMagazine
Real Estate Services & Marketing Bill Webster Realtor CRS, GRI, ABR, SFR, e-Pro
Andy Jennison Realtor
Welcome
to this month’s TeamWebster eMagazine.
Jay Webster Realtor Accredited Home Stager 7234 Lancaster Pike Hockessin, DE 19707 302-234-5255 Direct 302-367-5285 Text
Whether or not you’re getting ready to list your home for sale, main-
302-239-3000 Office
taining your home’s curb appeal is important. To make your home’s exterior shine, think about following the same decluttering and staging
Email: teamwebster@psre.com
principles you would use to spruce up the interior. Get an outsider’s view.
Visit our website:
Take a walk across the street to get an overall first impression of your
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property. Is the lawn unkept? Are the hedges unruly? Rev up the lawn mower and trimmer. If you’re short on time, consider hiring a gardening service to do an overall clean-up and be sure to keep up with regular maintenance. Assess the windows - are they cracked or dingy? Repair any cracks or dings on the panes and sills and make them shine with a
This information is believed to be accurate, but is not warranted.
thorough cleaning. Color coordinate. Consider planting or adding to a garden with bright florals and, at maximum, one or two decorative pieces (iron statues, gazing balls, etc.), depending on garden size. Consider repainting the front door to make it stand out and replace existing hardware such as doorknobs or locks for a new feel. Consider all angles. Prospective homebuyers are going to check out your house from all sides including the backyard. Make sure any outdoor elements — the patio, pool, pond, deck and shrubbery — look just as inviting as the front porch. If you have a patio or lounging area be sure furniture is up to date with clean cushions and no scratches or hasty repair jobs. Make sure the look matches the rest of the décor. I hope you enjoy the magazine. Cheers!
Jay
Jay Webster
On the cover: Hockessin Administrative/Lead Ray Ferrara and Broker/Office Manager Jason Giles help to drive the PattersonSchwartz spirit. Story page 3. THIS PUBLICATION IS NOT INTENDED TO SOLICIT ALREADY LISTED PROPERTIES.
Making a Difference!
Patterson-Schwartz embraces the philosophy that being a good neighbor is more than just giving money to a worthy cause. It’s about developing and investing in the community in which we live and do business. That’s why our Sales Associates and employees give countless hours of their time in support of various organizations and events. From keeping our streets clean by picking up roadside litter, helping to build homes for disadvantaged families, to serving on various charitable boards and committees, members of the Patterson-Schwartz family have an extensive history of individual involvement and personal commitment.
donated nearly $1,000,000 to local organizations such as Habitat for Humanity, New Castle Public Library, Mary Campbell Center, March of Dimes, Children and Families First, Delaware Nature Society, Multiple Sclerosis Society, American Cancer Society and many more.
In addition to lending a helping hand, Patterson-Schwartz donates a portion of the proceeds from every real estate transaction to the Patterson-Schwartz Foundation which provides support to numerous local charitable organizations, ranging from social services and health care research to youth programs and garden clubs. Since it’s inception in 2001, the Patterson-Schwartz Foundation has
We are fortunate to have agents with such a high level of service to their customers, but are truly blessed to have agents who want to be part of the community. I am always so proud when I see what charities we are involved with and I see the way our agents rally around a cause. It is remarkable and I’m happy to be part of it. “
Together we are helping to make the community a better place to live and work. “I truly feel it is our responsibility to give back in any way we can. We are in a unique position as a company to give back because of our local ties to the area. Most of the agents affiliated with Patterson Schwartz are local, along with the owners, management, and employees.
-Jason Giles, Broker/Office Manager
Team Webster eMagazine - Patterson-Schwartz Real Estate
Page 3
MIDDLETOWN 1374 Cedar Lane Road Baker Farms 4 BEDROOMS, 2.1 BATH, TWO-CAR GARAGE PRICE: $369,900 Striking a seamless balance between period character and contemporary style, this stunning Victorian offers distinguished features both old and new. The traditional layout extends to outdoor spaces making it ideal for everyday living and entertaining. l Foyer with window seat, oak hardwood floors, 10’ ceilings l 42� kitchen cabinets, center island with seating, tile floor l In-ground pool, screened gazebo, fenced yard, two acres l Wood burning fireplace, wrap-around porch, first floor laundry l Finished walk-out basement, all appliances, new carpet, shed For more information:
www.psre.com/2192 Page 4
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BRANDYWINE 3327 Pierson Drive Pierson Farm 4 BEDROOMS, 2.1 BATHS, ONE-CAR GARAGE PRICE: $319,900 This immaculate home presents meticulously maintained, traditional interiors with breathtaking exteriors. Stylishly updated throughout and ready for your immediate enjoyment. A quiet community and convenient locale in the heart of North Wilmington. l Remodeled kitchen with cherry cabinets / granite peninsula l Remodeled master and hall bath, double wide driveway l Family room with gas fireplace, wood floors in dining room l Energy efficient siding / tilt-in windows, tree-lined back yard l Custom paver patio w/sitting wall and lighting, crown molding For more information:
www.psre.com/2837
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Page 5
Land For Sale.
WILMINGTON 1008 Baltimore Ave KENNETT SQUARE 603 Millers Hill Elsmere Manor Pennsylvannia 2 BEDROOMS, 1 BATH, TWO PARKING SPACES
LAND FOR SALE, 2 LOTS, 13+ ACRES
PRICE: $99,500
PRICE: $1,500,000
You’ll be charmed by this immaculately presented residence brick home with light filled interiors, beautiful hardwood floors and many updates. Freshly painted easy-care home is close to shops, transportation and backs to park with playground.
Exceptional location in the heart of Kennett Square with all the advantage and convenience for clients and employees alike. There is a home on the property being sold “as-is”. The terrain is sloping and rolling hills. Home is 92 years old with 3 bedrooms, 1 bath.
l New roof, central air and stove in 2010 and furnace in 2008
l Zoned Business Park bordering the Exelon complex l Business Park was established to provide opportunities for a wide range of complementary business, office and medical uses which are suited to a campus-like environment
l Kitchen with peninsula, door to rear patio, fenced back yard l Walk-out basement with finished family room and laundry l Off street parking for two in back, all appliances included
For more information:
For more information:
www.psre.com/2079
Page 6
www.psre.com/9685
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HOCKESSIN 10 Rivendell Court Vallebrook
NEWARK 406 Jaymar Blvd. Salem Woods
4 BEDROOMS, 2.1 BATHS, TWO-CAR GARAGE
5 BEDROOMS, 2 BATHS
PRICE:$439,900
PRICE: $237,900
Stately brick-front colonial nestled in secure cul-de-sac location. High atop Vallebrook with views of the Hockessin valley. Abundance of living space with a bright, open floor plan. The school feeder pattern is North Star, HB duPont, AI duPont.
Spacious raised ranch home with expansive open floor plan. Pride of ownership throughout. Extra large lot plus in-law suite potential make this move-in ready home a tremendous value. Easy access to local shopping and attractions.
l Vaulted ceiling family room, skylights, fireplace, sunroom
l New kitchen countertop, sink and faucet, all appliances
l Eat-in kitchen, center island, tile floor, separate office
l Family room brick fireplace with gas insert, two attics
l Spacious owner’s retreat, walk-in closets, sitting room
l Patio with hot tub, privacy fence, three sheds, fresh paint
l Walk-out full basement, multiple access deck with views
l New roof, exterior doors and carpet, converted garage
For more information:
www.psre.com/2598
For more information:
www.psre.com/2599
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Page 7
LANDENBERG, PA 35 Nivin Lane Watsons Mill 4 BEDROOMS, 4.1 BATHS, THREE-CAR GARAGE, 6,393 SQ.FT. Surrounded by picturesque countryside and views of the White Clay Creek Nature Preserve, this premiere Wilkinson home offers the ultimate serene lifestyle. Spacious and open interiors flow onto expansive exteriors heightening the connection to the landscape. Superbly designed offering a versatile floor plan with custom architectural themes. Stunning community with extensive open space.
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PRICE: $824,000 l Conservatory, study, three fireplaces, hardwood floors l Maple cabinets, granite and tumbled marble backsplash l Master suite with luxury bath and separate sitting room l Finished, walk-out lower level with fully equipped bar l Trex deck, in-ground pool, invisible pet fence, millwork l Smart Home lighting/security, central vac, whole-house audio For more information:
www.psre.com/2876
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Page 9
SHORT SALES AND FORECLOSURES BEAR 18 Primrose Drive Brennan Estates 4 BEDROOMS, 2.1 BATHS PRICE: $274,900 Bank owned, inspections are for informational purpose only.
NEWARK 107 Richards Lane Richards Lane
The Impact of Distressed Properties on Neighboring Values
3 BEDROOMS, 2.1 BATHS PRICE: $188,900 Bank owned, inspections are for informational purpose only.
The banks are finally getting their foreclosure paperwork in order. They will start bringing larger numbers of distressed properties to market over the next six months. We must realize that this influx of discounted inventory will have an impact on the values of neighboring homes. How large an impact? According to RealtyTrac a foreclosure sells for 59% of the value of a similar non-distressed property. Therefore, this foreclosure inventory will affect values in two ways:
WILMINGTON 5028 E. Woodmill Dr. Woodmill
1.) As Discounted Competition Obviously, a segment of purchasers will prefer the discounted property based on price alone. Even if the distressed property is in need of substantial repair, the buyer is getting the property at a 41% discount. Price is determined by supply and demand. Distressed properties will eat up a portion of the demand for housing and that will put downward pressure on all values.
WILMINGTON 403 Burnside Blvd. Westview
2.) As Comparable Sales on Your Appraisal Even after you put your house into contract, this distressed inventory can still impact your transaction. Unless your purchaser is paying all cash, there will be an appraisal of your property by the bank who is giving the mortgage to your buyer to complete the purchase. Because of the volume of distressed properties selling in almost every market, banks are instructing appraisers to use these discounted sales in determining values of nondistressed sales. We can argue the logic of this some other time. At this point, we must simply be aware that this is taking place. BOTTOM LINE: Over the next several months, banks will be moving substantial numbers of foreclosures onto the market. This will impact values of other homes in the region. If you are considering selling, now might be the best time. You want to be sold and closed before these properties come to market and impact your price. Page 10
3 BEDROOMS, 2.1 BATHS PRICE: $159,900 Bank owned, inspections are for informational purpose only.
3 BEDROOMS, 1 BATH PRICE: $149,900 Bank owned, inspections are for informational purpose only.
NEW CASTLE 211 S. Booth Drive Penn Acres 4 BEDROOMS, 2.1 BATHS PRICE:$142,900 Bank owned, inspections are for informational purpose only.
MIDDLETOWN 300 Jefferson Street Downtown 3 BEDROOMS, 1.1 BATHS PRICE: $139,900 Short Sale, inspections are for informational purpose only.
Team Webster eMagazine - Patterson-Schwartz Real Estate
NEW CASTLE 26 Mifflin Avenue Minquadale
AVONDALE 217 Sunny Dell Road New Garden Township
3 BEDROOMS, 3 BATHS
3-4 BEDROOMS, 2 BATHS, ONE-CAR GARAGE
PRICE: $200,000
PRICE: $235,500
In a quiet setting, this impeccable seven year old home melds traditional character with easy-care living to create a residence of warmth and charm. Ideally located for commuting, shopping and entertainment with convenient access to Wilmington and Philly.
Perfectly situated on over an acre of woods and gently sloping landscape, this wonderfully maintained ranch home offers today’s discerning home buyer peace, privacy and an upscale lifestyle with indoor and outdoor spaces and central location conveniences.
l Eat-in kitchen, center island, gas cooking, slider to deck
l Circular driveway, fenced back yard, mature gardens and trees
l Potential in-law suite with separate full bath, full basement
l Hardwood floors, cozy living room with wood stove, pool, shed
l Laminate floor, tilt-in windows, all appliances, ceiling fans
l Family room with vaulted ceiling and gas stove, walk-up attic
l Master suite with full bath, off-street parking, shed
l Main floor laundry/mudroom, wrap-around deck, fin. bsmt
For more information:
www.psre.com/2257
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SOLD
Page 11
NEWARK 266 Flagstone Drive Gray Acres 3 BEDROOMS, 2.1 BATHS, ONE-CAR GARAGE PRICE: $249,900
Pristine and tasteful home enhanced for today’s lifestyle. Formal and casual living spaces perfect for entertaining. Tastefully decorated in neutral colors throughout. Absolute move-in ready. Popular community convenient for commuting and shopping. l Gourmet eat-in kitchen, center island, stainless appliances
l Open floor plan, family room with gas fireplace, ceiling fans
l French doors, large deck, partially fenced yard, full basement l Master suite with jetted tub, separate shower, walk-in closet
SOLD
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Team Webster eMagazine - Patterson-Schwartz Real Estate
PS_SM Ad_Marybeth Cashman_Layout 1 1/7/2011 11:10 AM Page 1
Patterson-Schwartz has recently partnered with Shelter Mortgage to provide you with a seamless one-stop-shop experience for your home finding and home purchasing needs. Our partnership saves you valuable time and money. We work together to make sure you get into your new home faster! Some of our benefits include: More Service • Fast and free pre-approvals. • Close on time guarantee. • Custom built mortgage to suit your financial needs.
NEWCASTLE 36 Doncaster Avenue Stratford 3 BEDROOMS, 1.2 BATHS PRICE: $192,500 A superb opportunity exists with this lovingly maintained solid built ranch. Set on a beautiful lot with mature trees within walking distance to Pleasantville Elementary, this home offers exceptional value with potential to further enchance with your own touches. l Maintaince free brick exterior, beautiful hardwoods throughout l Eat-in kitchen, dining room with sliders to three-season porch l Finished basement with fireplace, powder room, extra storage l Doublewide driveway, fenced back yard, 2 sheds, all appliances
For more information:
www.psre.com/2287
More Convenience • One-stop-shopping means we keep you and your agent informed. • Apply online from the comfort of your home. • Receive and review your completed application package online. More Experience • We have the solid backing of a bank, meaning our loans close on time every time. • We have providing financing for people just like you since 1923. • Our loan officers have many years of experience so you are in good hands from beginning to end.
Contact us today for information and to get into the home of your dreams!
Marybeth Cashman Loan Officer - Hockessin Center 7234 Lancaster Pike Hockessin, DE 19707 (302) 234-6087 Direct marybeth.cashman@gbmail.com www.cashmanloans.com Subject to change without notification. Information provided should not be considered as a commitment to lend. Offer subject to property and credit approval. Program and other restrictions may apply. Please contact your Loan Consultant for further details. ©2011 Shelter Mortgage
Team Webster eMagazine - Patterson-Schwartz Real Estate
Page 13
WILMINGTON 2401 Pennsylvania Ave. PIKE CREEK 3107 Videre Drive The Devon Skyline Ridge 1 BEDROOM, 1 BATH, CONDO #308
4 BEDROOMS, 2.1 BATHS, TWO-CAR GARAGE
PRICE: $79,000
PRICE: $374,900
From its third floor vantage point, this open floor plan condo captures street views while enjoying an urban lifestyle from its central location in the heart of the city of Wilmington. Move right in and enjoy maintenace-free living.
Nestled in Pike Creek atop a beautifully landscaped lot enjoying serene wooded views. This spacious home offers the perfect sanctuary with inviting rooms and stylish updated kitchen and bathrooms. Just minutes to shops, restaurants, schools and parks.
l Efficiency kitchen with lots of cabinets for added storage l Monthly condo fee ocvers all utilities except the phone
l Formal living/dining rooms, wood floors, family room, fireplace l Gourmet cherry/stainless kitchen, tile, granite, Florida room l Master suite, his/her closets, marble/tile bath, jetted spa tub
l Doorman, 24-hour security, cafe, restaurant, salon, pool
l Huge great room, wood stove, finished basement, back yard deck
l Spacious bedroom, abundant closet space throughout
For more information:
For more information:
www.psre.com/9922
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www.psre.com/1169
Team Webster eMagazine - Patterson-Schwartz Real Estate
NEWARK 807 Cobble Creek Curve The Commons at Stones Throw
WILMINGTON 4501 Pickwick Drive Limestone Gardens
2 BEDROOMS, 1.1 BATHS, TWO PARKING SPACES
4 BEDROOMS, 1.1 BATHS, ONE-CAR GARAGE
PRICE: $127,500
PRICE: $229,900
Beautifully maintained home with contemporary colors and tasteful updates. There’s nothing more to do than simply move in, unwind and enjoy. This care-free living townhome condo offers a convenient location for commuting, shopping and UD campus.
Beautiful and spacious split-level home in a very desirable community. Numerous updates plus pride of ownership make this home move-in ready and a tremendous value. Convenient location and within walking distance to Milltown Park.
l Step down living room with wood burning fireplace, new roof
l Updated kitchen with large breakfast room, newer appliances
l Eat-in kitchen with newer refrigerator, formal dining room l Expanded master bedroom, updated baths, deck, all appliances l New carpet upstairs, full basement, one-year home warranty
l Family room with wood stove, newer floors, updated baths l Newer siding, energy efficient tilt-in windows, interior doors l Living room with vaulted ceiling, fenced back yard, shed
For more information:
For more information:
www.psre.com/2400
www.psre.com/2548
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Page 15
Land For Sale.
OXFORD, PA 122 Mcberty Court Preserve at Elk Ridge
LANDENBERG 6 Bullock Road Franklin Township
4 BEDROOMS, 3.1 BATHS, THREE-CAR GARAGE
LAND FOR SALE, POLE BARN, 3.89 ACRES
PRICE: $490,000
PRICE: $125,000
This stunning 5,219 sq/ft Wilkinson-built home is a showcase of
Build your dream home on this beautiful 3.89 acre property in picturesque Chester County, PA with easy access to Philadelphia, downtown Newark and Wilmington, DE. You’ll be inspired to create your own lush oasis where friends, family, pets and even horses can all enjoy this charming country setting.
features to please every generation. Offering integrated formal, casual, leisure and retreat spaces for grand entertaining, intimate gatherings on 2.38 acres that even includes a pond. l Two-story family room, stone fireplace, back stairway l Eat-in kitchen, 42” cherry cabinets, granite, island, reading loft l Breakfast bar, tile backsplash, GE Profile appliances, deck l Master retreat, fireplace, luxury bath, walk-in closet, sitting room l Study, hardwoods, recessed lights, finished walk-out basement
l Open and wooded areas including a creek l Perc tested and approved in 2005 l Currently set up for horses with pastures and pole barn l You don’t have to be a horse lover to appreciate this property For more information:
SOLD
Page 16
www.psre.com/1626
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NEWARK 40 Belfort Loop Frenchtown Woods 4 BEDROOMS, 2.1 BATHS, TWO-CAR GARAGE PRICE: $284,900 Beautifully maintained. Meticulously updated. Immaculately presented. This home is a wonderful oasis of flowing interior and exterior spaces. Easy-care living redefined. Simply move in, relax and enjoy this quaint community just minutes from shopping. l Granite and tile eat-in kitchen, bay window, 1st floor laundry l Cathedral ceiling family room with fireplace, new driveway l New washer, dryer and refrigerator included, new floors l Tiered deck, above-ground pool, privacy fence, landscaped For more information:
www.psre.com/2760
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Page 17
KENNETT SQUARE 320 Maple Drive Anvil Hills 4 BEDROOMS, 2.1 BATHS, TWO-CAR GARAGE PRICE: $347,000 Enchanting, picket fenced Cape can readily be your showplace. Rich in traditional details, this“Longwood Gardens�neighborhood home provides excellent renovation opportunity with spacious interiors and wonderful outdoor areas for entertaining. l Original hardwood floors, two brick wood burning fireplaces l First floor master suite, oversized front windows, storage l Crown and chair molding, tile bathrooms, first floor laundry l Fenced back yard, deck, front porch, majestic landscaping For more information:
www.psre.com/2752 Page 18
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WEST GROVE 31 Bandon Circle Kent Farm 4 BEDROOMS, 3 BATHS, TWO-CAR GARAGE PRICE: $399,900 Superbly designed ranch showcasing stylish custom interiors while commanding a beautiful setting within Kent Farm. Floor plan includes grand soaring spaces, elegant formal places and intimate cozy retreats. Convenient location in quiet, upscale community. l Stacked stone and stucco facade, moldings, upgraded lighting l Soaring 14ft ceilings, stacked stone fireplace, ceramic floors l Kitchen with tile backsplash and Corian, screened porch l Master with gas fireplace and sitting area, tray ceilings l Finished, walk-out lower level, guest suite and full bath For more information:
www.psre.com/2691
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Page 19
CLAYMONT 16 Osage Road Radnor Green
LANDENBERG 120 Penn Green Rd. Pennsylvannia
4 BEDROOMS, 2 BATHS
4 BEDROOMS, 4.0 BATHS, THREE-CAR GARAGE
PRICE: $215,000
PRICE: $625,000
Lovingly cared for brick front ranch is spotless and move-in ready. Great opportunity for a first-time or downsizing home buyer. Open and sun-filled living areas with back yard wooded views. Quiet community just minutes to I-95 for commuting or shopping.
Situated in Landenberg’s Historic Village, minutes from downtown Newark and Hockessin, sits this expanded ranch on a ten acre private setting of splendid woods and open fields. If privacy is too much the property has been approved for three lot subdivision.
l Eat-in kitchen with tile backsplash, laminate floor, pantry
l Formal living/dining rooms, family room, two wood fireplaces
l Three picture windows, tiled bathrooms, all appliances
l Huge eat-in kitchen, wrap-around deck, sunroom, hardwoods
l Screened porch, partially fenced back yard, attic storage
l Magnificent master retreat, gas fireplace, luxury bath, office
l Newer furnace/water heater, replacement windows, patio
l In-ground pool, separate apartment, billiard and hobby rooms
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For more information:
For more information:
www.psre.com/2927
www.psre.com/9656
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KENNETT SQUARE 501 Falcon Drive Falcons Lair
NEW CASTLE 7 Fols Crescent Penn Acres
4 BEDROOMS, 2.1 BATHS, TWO CAR GARAGE
4 BEDROOMS, 2.1 BATHS, TWO-CAR GARAGE
PRICE: $490,000
PRICE: $229,000
Blending traditional appeal with modern amenities, this spacious brick-front colonial is rich in character and enhanced for today’s living. Adjacent to 50 acres of preserved open space. A quiet community minutes from historic downtown Kennett Square.
Beautiful and spacious colonial home blends traditional appeal with modern comforts. Numerous updates plus pride of ownership make this home move-in ready and a tremendous value. Popular community convenient for commuting and shopping.
l Sun-filled breakfast room, new paver patio, wooded views
l Updated kitchen, tile baths, first floor laundry, front porch
l Two-story family room, wood burning fireplace, bookcases
l Gas fireplace, hardwood floors, full basement, newer driveway
l Private study, main-floor laundry, full basement, fresh paint
l Replacement windows, sunroom, deck, new roof w/warranty
l Wood floors, crown molding, new carpet, all appliances
l Newer energy efficient furnace, water heater and sump pump
For more information:
www.psre.com/2551
For more information:
www.psre.com/2508
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Page 21
Clean up, Rearrange and Photograph to SELL...
BEFORE
BEFORE
BEFORE
AFTER
AFTER
AFTER
...a TeamWebster Advantage in Marketing Your Home for SOLD! Team Webster will guide you through the process of de-cluttering and cleaning up and help you rearrange your home so that our pictures will set the scene so that the highest number of potential buyers fall in love with the space and features your home has to offer. Most people realize that you have to declutter and clean off counter tops but if you don’t plan the space correctly and take great pictures then you will not achieve your goal of selling your home in the least amount of time for the most money in this market. Team Webster has helped sellers achieve success after others have tried and failed. Another tip in presenting your home on-line is please do not use vertical photos...as you can see, we can take that same space and continue the flow with all horizontal images.
TeamWebster
Real Estate Services & Marketing
7234 Lancaster Pike, Hockessin, DE 19707
Direct: 302-234-5255 Office: 302-239-3000
www.teamwebsterhomes.com