NOT LISTED FOR SALE

1040 Old Lancaster Pike Hockessin, DE 19707

Estimated Value: $373,000 - $806,210

3 Beds
1 Bath
925 Sq Ft
$709/Sq Ft Est. Value

Last Sold March 25, 2015

Last sale price $195,000 $211 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $4,276/month

17 Days on Market

Highlights

  • 2.54 Acre Lot
  • Wooded Lot
  • Wood Flooring
  • Dupont (H.B.) Middle School Rated A
  • Rambler Architecture
  • Attic

About This Home

As of March 2015

This is a Fannie Mae HomePath property. This ranch home is nestled on 2.5 acres in Hockessin on a wooded site with rolling vistas, an incredible place to call home. Ranch style home features hardwood floors throughout with an open, flowing floor plan. Formal living room is open to dining area and flows nicely into kitchen area with retro cabinets and counters. Three well-scaled bedrooms feature ample closet space. Windows appear to have been updated with vinyl replacements and roof upgraded in the recent past. Full unfinished basement with walk out could be finished into additional living space. Don't miss out on this opportunity to purchase this slice of paradise in Hockessin a place you will want to call home! Seller requires that offers be made online via the homepath website.

Last Agent to Sell the Property

Paul Pantano

Pantano Real Estate Inc Listed on: 02/10/2015

Last Buyer's Agent

Robert Miller

Luke Real Estate License #RB-0020438

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,332

Year Built

  • Built in 1966

Lot Details

  • 2.54 Acre Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Shingle Roof

Interior Spaces

  • 925 Sq Ft Home
  • Property has 1 Level
  • Replacement Windows
  • Living Room
  • Eat-In Kitchen
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Brandywine Springs Elementary School
  • Henry B. Du Pont Middle School
  • Alexis I. Dupont High School

Utilities

  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Summer or Winter Changeover Switch For Hot Water
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 011
  • Assessor Parcel Number 08-013.00-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,332

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Any Appliances Included As Is.
  • New Construction: No
  • Story List: Main
  • Year Built: 1966
  • Remarks Public: This is a Fannie Mae HomePath property. This ranch home is nestled on 2.5 acres in Hockessin on a wooded site with rolling vistas, an incredible place to call home. Ranch style home features hardwood floors throughout with an open, flowing floor plan. Formal living room is open to dining area and flows nicely into kitchen area with retro cabinets and counters. Three well-scaled bedrooms feature ample closet space. Windows appear to have been updated with vinyl replacements and roof upgraded in the recent past. Full unfinished basement with walk out could be finished into additional living space. Don't miss out on this opportunity to purchase this slice of paradise in Hockessin a place you will want to call home! Seller requires that offers be made online via the homepath website.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 925
  • Living Area Sq Ft: 925
  • Net Sq Ft: 925.00
  • Price Per Sq Ft: 194.59
  • Above Grade Finished Sq Ft: 925
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1040

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: BRANDYWINE SPRINGS SCHOOL
  • Middle School: HENRY B. DU PONT
  • High School: ALEXIS I. DUPONT
  • School District Key: 300200396545
  • Elementary School: BRANDYWINE SPRINGS SCHOOL
  • High School: ALEXIS I. DUPONT
  • Middle Or Junior School: HENRY B. DU PONT

Lot Info

  • Improvement Assessed Value: 32000.00
  • Land Assessed Value: 18300.00
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 2.54
  • Lot Dimensions: 00X00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 110642.00
  • Zoning: S

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2266638
  • Tax Annual Amount: 1332.00
  • Assessor Parcel Number: 08-013.00-011
  • Tax Lot: 011
  • Tax Year: 2014
  • Close Date: 03/25/2015

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2020
Sold by
Petruccelli James D
Bought by
Petruccelli James D and Petruccelli Rikki J
Total Days on Market
17
Current Estimated Value
$655,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2015
Closed on
Mar 25, 2015
Bought by
Petruccelli James D
Seller's Agent
Paul Pantano
Pantano Real Estate Inc
Buyer's Agent
Robert Miller
Luke Real Estate
List Price
$180,000
Sold Price
$195,000
Premium/Discount to List
$15,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%

Purchase Details

Closed on
Jul 5, 2007
Sold by
Brackin Alice
Bought by
Annane Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in the area

  • 12 Pierson Dr, Hockessin, DE 19707

    $577,000

    • 4 Beds
    • 2.5 Baths
    • 2,450 Sq Ft
    • 12 Pierson Dr
    • Hockessin, DE

    Rare Opportunity in Wellington Hills! Nestled in the heart of the Village of Hockessin, this classic 4-bedroom, 2.5-bath colonial has been lovingly maintained by the same family for over 40 years. Located in one of Hockessin’s most desirable neighborhoods, this home offers a timeless layout with formal living and dining rooms, a cozy family room with fireplace, and a sun-filled four-season room

    Bob Teeven Long & Foster Real Estate, Inc.

    Section Image
  • 226 Hawkes Ct, Hockessin, DE 19707

    $649,900

    • 4 Beds
    • 2.5 Baths
    • 2,550 Sq Ft
    • 226 Hawkes Ct
    • Hockessin, DE

    Tucked away on a quiet cul-de-sac and backing to a wooded backdrop, this 5-bedroom, 3-bath home offers space, privacy, and thoughtful updates throughout. With 9’ ceilings and a functional layout, this home is ideal for comfortable living and entertaining.A welcoming foyer with hardwood floors opens to a formal dining room and continues into the kitchen, which features 42” white cabinetry, granite

    Jeff Bollinger BHHS Fox & Roach - Hockessin

    Section Image
  • 618 Venture Rd, Hockessin, DE 19707

    $620,000

    • 4 Beds
    • 2.5 Baths
    • 2,150 Sq Ft
    • 618 Venture Rd
    • Hockessin, DE

    Rarely available in the private and exclusive Whitebriar Community of Hockessin, this expansive and versatile 2-story colonial—built by Robino—offers exceptional living space and thoughtful updates throughout. Set on one of the largest flat lots in the neighborhood, the home features tastefully updated landscaping, a 2-car front-entry garage with modern doors, epoxy-coated floor, pull-down attic

    Andy Mulrine RE/MAX Associates-Hockessin

    Section Image
  • 870 Old Public Rd, Hockessin, DE 19707

    $489,900

    • 4 Beds
    • 2 Baths
    • 2,850 Sq Ft
    • 870 Old Public Rd
    • Hockessin, DE

    RARE FIND!! If you crave peace, privacy, and a deep connection with nature, this beautifully maintained 4-bedroom, 2-bath home is your perfect retreat. Tucked away in sought after Hockessin DE, and surrounded by mature trees, flowering plants, and lush landscaping, this property offers a serene setting that feels worlds away—yet still close to everyday conveniences. Step inside to an inviting

    Earl Endrich BHHS Fox & Roach - Hockessin

    Section Image
  • 306 Springbrook Ct, Hockessin, DE 19707

    $800,000

    • 5 Beds
    • 2.5 Baths
    • 4,400 Sq Ft
    • 306 Springbrook Ct
    • Hockessin, DE

    Welcome to this beautifully maintained executive residence tucked near the end of a quiet cul-de-sac in sought-after Westridge South, just minutes from downtown Hockessin. Offering privacy, space, and timeless style, this home sits on a premium lot and features a resort-like backyard with a built-in salt-water pool—recently replastered in Fall 2024—perfect for summer relaxation and

    James Wagner Keller Williams Real Estate - West Chester

    Section Image
  • 10 Westwoods Blvd, Hockessin, DE 19707

    $735,000

    • 4 Beds
    • 2.5 Baths
    • 3,841 Sq Ft
    • 10 Westwoods Blvd
    • Hockessin, DE

    ****Back on Market thru no fault of the Sellers****Welcome to 10 Westwoods Blvd in the popular Hockessin community of Westwoods. This stately 4 bedroom, 2.5 bath colonial is situated on a corner lot with tremendous curb appeal. The charming center foyer entry is appointed with custom wainscoting along the hallway, staircase wall and formal dining room. There is stylish hardwood flooring

    Mary Lucente Long & Foster Real Estate, Inc.

    Section Image
  • 5 Ashleaf Ct, Hockessin, DE 19707

    $699,000

    • 4 Beds
    • 2.5 Baths
    • 2,900 Sq Ft
    • 5 Ashleaf Ct
    • Hockessin, DE

    Welcome home to Southwood! This beautiful brick-front Colonial is situated on a quiet cul-de-sac within the desirable Southwood community. Lovingly maintained and thoughtfully upgraded by its long-term owners, this home offers both timeless charm and modern conveniences. Step inside to find neutral decor and gleaming hardwood floors throughout most of the main level. The spacious and versatile

    Donnie Horton RE/MAX Chesapeake

    Section Image
  • 9 Paddington Ct, Hockessin, DE 19707

    $625,000

    • 4 Beds
    • 2.5 Baths
    • 2,400 Sq Ft
    • 9 Paddington Ct
    • Hockessin, DE

    Located in the heart of Hockessin, this Quail Ridge colonial welcomes you home! Nestled on a private cul-de-sac lot, this expanded center hall colonial is the largest within the community! Lovingly maintained by the original owners, this home offers welcoming curb appeal upon your arrival! Inside you are greeted by newly-installed gleaming hardwood floors and an open floorplan. Eat-in kitchen

    Kelly Spinelli Patterson-Schwartz-Hockessin

    Section Image
  • 110 Wembley Rd, Wilmington, DE 19808

    $579,900

    • 4 Beds
    • 2.5 Baths
    • 2,415 Sq Ft
    • 110 Wembley Rd
    • Wilmington, DE

    Priced below recent appraised value! Welcome to Westgate Farms, a stone's throw from Hockessin but still convenient to everything Wilmington has to offer. This updated colonial boasts 4 bedrooms and 2.1 bathrooms, first floor laundry and spacious rooms. Upon entering, you will be greeted by a center hall foyer with new tile flooring leading to the living room featuring huge windows letting in

    KC DiAmbrosio Patterson-Schwartz-Hockessin

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Petruccelli James D -- None Available
Petruccelli James D $195,000 --
Petruccelli James D $195,000 --
Annane Omar $280,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petruccelli James D $510,000
Closed Petruccelli James D $480,000
Closed Petruccelli James D $4,300,000
Previous Owner Annane Omar $266,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2015 03/25/15 Sold $195,000 +8.3% $211 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $180,000 -- $195 / 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 $7,327 $198,300 $36,600 $161,700
2023 $6,464 $198,300 $36,600 $161,700
2022 $6,541 $198,300 $36,600 $161,700
2021 $6,540 $198,300 $36,600 $161,700
2020 $6,561 $198,300 $36,600 $161,700
2019 $1,662 $50,300 $18,300 $32,000
2018 $1,629 $50,300 $18,300 $32,000
2017 $1,609 $50,300 $18,300 $32,000
2016 $1,536 $50,300 $18,300 $32,000
2015 $1,440 $50,300 $18,300 $32,000
2014 $1,532 $50,300 $18,300 $32,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002534066

Bright MLS

APN: 08-013.00-011