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12 Garvey Ln, Newark, DE, 19702

3beds
2baths
2,125sqft
$359,900
$169price/sqft
$2,388/moest. monthly cost
$95,520/yrincome needed

About This Home

Welcome to 12 Garvey Lane, a well-maintained ranch home tucked away on a quiet street in the desirable Pencader Village community. Offering comfortable one-level living with the added bonus of a finished basement, this home provides flexible space for today's lifestyle. Recent updates include a brand-new roof with a transferable warranty, new gutters, and a newer AC system, giving buyers added peace of mind for years to come. The main level features a spacious living room, an eat-in kitchen, two bedrooms, and a full bath. Downstairs, the finished basement offers an expansive recreation area complete with a built-in bar, bedroom, and an additional finished room perfect for a home office, gym, hobby room, or guest space, plus another full bathroom. (Finished basement completed prior to the current owner's ownership. Seller is unaware of any permits.) Step outside to enjoy the large rear deck overlooking a private backyard that backs to mature trees, creating a peaceful setting for relaxing or entertaining. A private driveway provides off-street parking, and the location offers convenient access to Route 40, Route 896, I-95, shopping, dining, parks, and the University of Delaware, making commuting throughout the region simple. Whether you're looking for your first home, downsizing, or simply want a move-in-ready property with valuable updates and additional living space, 12 Garvey Lane is one you won't want to miss.

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

3/10
1/10
Glasgow High SchoolGrades 9-120.5 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1987

Materials

  • Foundation: Concrete Perimeter
  • Roof: Architectural Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch/Rambler
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: In Basement

Basement

  • Area: 1000

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Eat-in Kitchen
  • Finished area below ground: 1,000
  • Finished area above ground: 1,125

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,125
  • Total interior livable area: 2,125 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 11013.40047
  • Zoning: NC10
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 10,019 sqft
  • Lot size dimensions: 84 x 124

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Tsunami

FEMA Declared Disasters Across Delaware Counties

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,819$21,828
Home Insurance *$103$1,236
Property Taxes $215$2,580
Electricity $251$3,021
Total$2,388$28,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$81,874/yr
40% on housing$71,640/yr
45% on housing$63,680/yr

Delaware FAIR Plan Programs

Insurance Placement Facility of Delaware

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,170Commercial: 57
Total Premiums$607,000
Total Exposure$249.53M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 8.7%
8.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$169This listing

vs Other Active Listings

Avg $/sqft

ZIP 19702$167
New Castle County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 19702$217
New Castle County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-07Listed for sale$359,900
2014-04-02Sold$129,000
2014-03-15Pending sale$175,000
2014-02-18Listed for sale$175,000
2013-03-01Listing removed$189,900
2012-10-11Price change$189,900
2012-06-19Listed for sale$199,900
2005-08-10Sold$225,000

For Sale by Agent

AgentRandy Shepheard
BrokeragePatterson-Schwartz-Middletown

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