40 Richards Ln
Newark, DE 19711
- 4 Beds
- 2 Baths
- 2,175 sqft (on 3.72 acres)
$533,800
as of Aug 25, 2026
$533,800
as of Aug 25, 2026
4 Beds
2 Baths
2,175 sqft
(on 3.72 acres)
Home Value
Trulia Estimate
$534KSince last month
Decreased$600 (-0.1%)Since last year
Increased$28K (+5.4%)Since last sale
Increased$202K (+59.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +67% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $541K |
| July 2026 | $542K |
| June 2026 | $541K |
| May 2026 | $538K |
| April 2026 | $541K |
| March 2026 | $540K |
| February 2026 | $523K |
| January 2026 | $514K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.29 | Single-Family Home | $520,000 | 10/15/25 | 4 | 2.5 | 2,000 | |
0.17 | Single-Family Home | $565,000 | 11/21/25 | 5 | 3 | 2,702 | |
0.27 | Single-Family Home | $565,000 | 01/22/26 | 4 | 2.5 | 2,775 | |
0.19 | Single-Family Home | $585,000 | 02/26/26 | 4 | 2.5 | 3,900 | |
0.35 | Single-Family Home | $484,800 | 11/06/25 | 4 | 2.5 | 2,225 | |
0.15 | Single-Family Home | $675,000 | 01/27/26 | 3 | 2.5 | 3,500 | |
0.30 | Single-Family Home | $541,205 | 10/30/25 | 4 | 2.5 | 2,350 | |
0.55 | Single-Family Home | $460,000 | 05/22/26 | 3 | 1.5 | 1,300 | |
0.45 | Single-Family Home | $525,000 | 07/09/26 | 4 | 2.5 | 2,650 | |
0.47 | Single-Family Home | $479,900 | 02/27/26 | 4 | 2.5 | 2,175 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.15 | $675,000 | 3 | 2.5 | 3,500 | Recently Sold | |
0.13 | $692,000 | 5 | 3.5 | - | Off Market | |
0.16 | $625,300 | 4 | 2.5 | 2,500 | Off Market | |
0.17 | $565,000 | 5 | 3 | 2,702 | Recently Sold | |
0.26 | $658,100 | 4 | 2.5 | 4,000 | Off Market | |
0.19 | $585,000 | 4 | 2.5 | 3,900 | Recently Sold | |
0.20 | $582,500 | 5 | 3 | 3,000 | Off Market | |
0.27 | - | - | - | - | Off Market | |
0.30 | $541,205 | 4 | 2.5 | 2,350 | Recently Sold | |
0.30 | $591,100 | 5 | 3 | 3,075 | Off Market | |
0.24 | $596,200 | 4 | 2.5 | 2,800 | Off Market | |
0.30 | $610,000 | 4 | 2.5 | 4,071 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1845
Lot Size
3.72 acres
Living Area
2,175 sqft
Price/Sqft
$245
Parking
Garage
About this House
Complete privacy! No deed restrictions! Bring your kids, horse, pony, dogs, chickens and enjoy country living minutes from the city of Newark! 3.72 acres with gorgeous spring fed pond, Best of both worlds. Tucked in on a private lane in the middle of Covered Bridge Farms, this c. 1845 farmhouse offers many possibilities for the old house lover. Do you want a fun project? Refinish the original pine floors, restore the fireplace in the master bedroom, expose beams, add shutters and stucco over the existing siding to enhance the classic architectural style. You cannot over improve for the area. The furnace was new in 2017, and all windows and roof have been replaced. Fish, kayak and play, or train your dog in the pond, enjoy the deer, foxes, raccoons, rabbits, geese and groundhogs who are your closest neighbors. You cannot over improve for the area. Bring your imagination. Restore the fireplace in the master bedroom, expose beams, stucco ver the existing asbestos siding and add shutters to enhance the classic architectural style. Detached two car garage, shed, small pole building/run in shed, pier and garden area are just a few of the amenities. 2020-05-19
40 Richards Ln, Newark, DE 19711 is a 4 bedroom, 2 bathroom, 2,175 sqft single-family home built in 1845. It last sold for $339,000 on Jun 1, 2020. It is currently off market. The Trulia Estimate is $533,800, with a rent estimate of $3,115/month.
Home Details for 40 Richards Ln
|
|---|
Interior Details BasementAtticNumber of Rooms: 8 |
Heating & Cooling Heating: Forced Air, OilAir ConditioningCooling System: WallHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Floors: Hardwood |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
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|---|
Exterior Home Features Roof: AsphaltExterior: OtherFoundation Type: Crawl Raised |
Parking & Garage GarageParking Spaces: 2Parking: Garage Detached |
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Year Built Year Built: 1845 |
Property Type / Style Property Type: Single Family HomeArchitecture: Colonial |
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Lot Area: 3.72 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 1, 2020 Source: N/A | Sold | $339,000 |
Mar 19, 2020 Source: Agent Provided | Pending | $375,000 |
Sep 28, 2019 Source: Agent Provided | Listed For Sale | $375,000 |
Aug 5, 2019 Source: Agent Provided | ListingRemoved | $375,000 |
Jun 20, 2019 Source: Agent Provided | PriceChange | $375,000 Price decreased by 6% |
Aug 27, 2018 Source: Agent Provided | Listed For Sale | $399,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $508,300 |
Home facts updated by county records
Market trends in Newark
Last updated July 2026
Avg. sale price
$347K
$7KMoM
Sale-to-List Price
97.5%
0.4%MoM
Price per sq ft
$197
$1MoM
Available listings
217
25MoM
Around this home
What Locals Say about Newark
At least 736 Trulia users voted on each feature.
88 % Say it's dog friendly
86 % Say car is needed
81 % Say parking is easy
75 % Say yards are well-kept
74 % Say there are sidewalks
70 % Say kids play outside
70 % Say there's holiday spirit
69 % Say it's quiet
61 % Say people would walk alone at night
55 % Say streets are well-lit
50 % Say neighbors are friendly
49 % Say there's wildlife
48 % Say they plan to stay for at least 5 years
43 % Say it's walkable to restaurants
42 % Say it's walkable to grocery stores
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 40 Richards Ln
- What is 40 Richards Ln estimated to be worth?Trulia's estimated value for 40 Richards Ln in Newark, DE is $533,800.
- What is the price history for 40 Richards Ln?40 Richards Ln in Newark, DE last sold for $339,000 in June 2020.
- Is Newark a buyer's or seller's market?Newark is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Newark?The median sale price in Newark is $347K. That is up $7K from the prior month.
- Does 40 Richards Ln have air conditioning?Yes, 40 Richards Ln in Newark, DE has air conditioning.
- Does 40 Richards Ln have laundry facilities?Yes, 40 Richards Ln in Newark, DE has in-unit laundry.

