NOT LISTED FOR SALE

1034 Old Lancaster Pike Hockessin, DE 19707

Estimated Value: $949,000 - $974,000

4 Beds
3.5 Baths
5,125 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $663,249 $129 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,687/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Dupont (H.B.) Middle School Rated A
  • Attic
  • Double Oven

About This Home

As of July 2018

Welcome Home to the infamous Salvo Model Home! This amazing home was built 7 yrs ago and has been the most talked about custom home that I have had the pleasure of being a part of. The current owners are the original buyers and this amazing design is only available due to their decision to down size. This home boasts over 5000 sqft of interior living space with over 700 sqft of outdoor space including fire pit and thousands of dollars in landscaping including a irrigation system to keep the yard which is overlooking an acre of land in Hockessin just stunning. When you enter your new home you will see a curved flared oak staircase cascading to the second floor, as well as the Jack n Jill balcony from bedroom 2, making this entrance just stunning. The kitchen, hearth and breakfast area is expands over 440 sqft, consisting of custom kitchen cabinets, granite countertops, gourmet kitchen, hand scrapped teak hardwoods, plantation shutters thus making this a dream kitchen. The great room has a drop down feature making the ceiling height hire to accommodate the custom coffered ceiling feature. The owners suite consists of a huge bedroom area, library, full luxury bath with a walk in shower, and a large soaking tub with a deck that would make Tony Montana (Scarface) jealous. The addition of the double closet ensures the owners suite takes up the entire rear of the home (42 ft wide). If the first and second floors are not enough living space the entire basement is finished, with a lowered slab in the potential media room, exercise room and full bath gives the ability to use this area for just about anything. This property will be going live to view in a week so don't miss your opportunity to view today, it won't last long.

Last Agent to Sell the Property

Jay Heilman

(484) 643-3708 delawaremarketing@drhorton.com D.R. Horton Realty of Delaware, LLC License #RB-0020570 Listed on: 05/21/2018

D.R. Horton Realty of Delaware, LLC

Last Buyer's Agent

Michael Sokira

(302) 438-8270 msokira@psre.com Patterson-Schwartz - Greenville License #RS-0023531

Patterson-Schwartz - Greenville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,991

Year Built

  • Built in 2011

Lot Details

  • 1 Acre Lot
  • Property is in good condition

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 5,125 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Built-In Range
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Treatment System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by LANDMARK HOMES
  • Salvo

Listing and Financial Details

  • Tax Lot 088
  • Assessor Parcel Number 08-013.00-088

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,991

Year Built

Built in 2011

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All Refrigerators/Freezers, Speakers, Personal Property
  • Inclusions: Shutters, Shades, Tv Mount, Standard Kitchen Appliances
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2011
  • Remarks Public: Welcome Home to the infamous Salvo Model Home! This amazing home was built 7 yrs ago and has been the most talked about custom home that I have had the pleasure of being a part of. The current owners are the original buyers and this amazing design is only available due to their decision to down size. This home boasts over 5000 sqft of interior living space with over 700 sqft of outdoor space including fire pit and thousands of dollars in landscaping including a irrigation system to keep the yard which is overlooking an acre of land in Hockessin just stunning. When you enter your new home you will see a curved flared oak staircase cascading to the second floor, as well as the Jack n Jill balcony from bedroom 2, making this entrance just stunning. The kitchen, hearth and breakfast area is expands over 440 sqft, consisting of custom kitchen cabinets, granite countertops, gourmet kitchen, hand scrapped teak hardwoods, plantation shutters thus making this a dream kitchen. The great room has a drop down feature making the ceiling height hire to accommodate the custom coffered ceiling feature. The owners suite consists of a huge bedroom area, library, full luxury bath with a walk in shower, and a large soaking tub with a deck that would make Tony Montana (Scarface) jealous. The addition of the double closet ensures the owners suite takes up the entire rear of the home (42 ft wide). If the first and second floors are not enough living space the entire basement is finished, with a lowered slab in the potential media room, exercise room and full bath gives the ability to use this area for just about anything. This property will be going live to view in a week so don't miss your opportunity to view today, it won't last long.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Double, Disposal, Energy Efficient Appliances
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Ceiling Fan(s), Water Treat System, Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 5125
  • Living Area Sq Ft: 5125
  • Net Sq Ft: 5125.00
  • Price Per Sq Ft: 131.51
  • Above Grade Finished Sq Ft: 5125
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1034

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Stone
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 162300.00
  • Land Assessed Value: 25000.00
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: S

Building Info

  • Builder Name: LANDMARK HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4838883
  • Tax Annual Amount: 5991.00
  • Assessor Parcel Number: 08-013.00-088
  • Tax Lot: 088
  • Tax Year: 2017
  • Close Date: 07/27/2018

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Jul 27, 2018
Sold by
Cafarella Christopher A and Cafarella Geraldine T
Bought by
Guerrieri Dante and Guerrieri Courtney
Seller's Agent
Jay Heilman
D.R. Horton Realty of Delaware, LLC
Buyer's Agent
Michael Sokira
Patterson-Schwartz - Greenville
List Price
$673,999
Sold Price
$663,249
Premium/Discount to List
-$10,750
-1.59%
Current Estimated Value
$960,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,867
Avg. Annual Appreciation
5.29%
Original Mortgage
$530,599
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2011
Sold by
Empire Construction Co
Bought by
Cafarella Christopher A and Cafarella Geraldine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2006
Sold by
Brackin Alice J
Bought by
Empire Construction Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Guerrieri Dante -- None Available
Cafarella Christopher A $615,000 None Available
Empire Construction Co $1,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrieri Dante $530,599
Previous Owner Cafarella Christopher A $417,000
Previous Owner Empire Construction Co $937,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $663,249 -1.6% $129 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $673,999 -- $132 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,164 $193,900 $25,000 $168,900
2023 $6,320 $193,900 $25,000 $168,900
2022 $6,395 $193,900 $25,000 $168,900
2021 $282 $193,900 $25,000 $168,900
2020 $282 $187,300 $25,000 $162,300
2019 $282 $187,300 $25,000 $162,300
2018 $6,065 $187,300 $25,000 $162,300
2017 $5,991 $187,300 $25,000 $162,300
2016 $5,721 $187,300 $25,000 $162,300
2015 $5,361 $187,300 $25,000 $162,300
2014 $4,961 $187,300 $25,000 $162,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001543164

Bright MLS

APN: 08-013.00-088