NOT LISTED FOR SALE

1162 Valley Rd Hockessin, DE 19707

Estimated Value: $529,000 - $618,538

3 Beds
2.5 Baths
2,200 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $345,000 $157 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,423/month

112 Days on Market

Highlights

  • 3.17 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Dupont (H.B.) Middle School Rated A
  • Deck
  • No HOA

About This Home

As of July 2019

This lovingly maintained 1 owner log cabin is located in the heart of Hockessin on a beautiful 3.17-acre lot with many scenic views. This log cabin 3 bedrooms, 2.5 bathrooms, 2-story colonial with 2 car garage could be your new home! Walk into the foyer and find amazing finished hardwood floors, a spacious living room with fireplace, a large eat-in kitchen, a 1st floor Study and a large step down fam-room with French doors opening to expansive back deck and fenced-in yard. The upper level features 3 bedrooms with ample closet space, and two full baths. The full unfinished basement is loaded with potential for the new owner. This home will not last long, make it yours today! Note: There are possibilities of subdivision. Buyer is responsible for ALL due diligence associated with subdivision.

Last Agent to Sell the Property

Nikolina Novakovic

Century 21 Gold Key Realty License #666524 Listed on: 01/31/2019

Century 21 Gold Key Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,116

Year Built

  • Built in 1977

Lot Details

  • 3.17 Acre Lot
  • Property is in good condition
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Log Cabin
  • Log Walls
  • Wood Siding
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 1.5 Levels
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Schools

  • North Star Elementary School
  • Dupont H Middle School
  • Dupont High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 089
  • Assessor Parcel Number 08-007.00-089

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,116

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Log Home
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer & Dryer. All "As-Is"
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1977
  • Remarks Public: This lovingly maintained 1 owner log cabin is located in the heart of Hockessin on a beautiful 3.17-acre lot with many scenic views. This log cabin 3 bedrooms, 2.5 bathrooms, 2-story colonial with 2 car garage could be your new home! Walk into the foyer and find amazing finished hardwood floors, a spacious living room with fireplace, a large eat-in kitchen, a 1st floor Study and a large step down fam-room with French doors opening to expansive back deck and fenced-in yard. The upper level features 3 bedrooms with ample closet space, and two full baths. The full unfinished basement is loaded with potential for the new owner. This home will not last long, make it yours today! Note: There are possibilities of subdivision. Buyer is responsible for ALL due diligence associated with subdivision.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal
  • Entry Floor: 1
  • Flooring Type: Carpet, Wood
  • Interior Amenities: Kitchen - Eat-In, Kitchen - Island, Primary Bath(s)
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Log Walls
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Study
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 172.68
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1162

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Log, Wood Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: NORTH STAR
  • Middle School: DUPONT H
  • High School: DUPONT
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396545
  • School District Source: Listing Agent
  • Elementary School: NORTH STAR
  • High School: DUPONT
  • Middle Or Junior School: DUPONT H

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 88300.00
  • Land Assessed Value: 36800.00
  • Lot Size Acres: 3.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 138085.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2264602
  • School Tax: 3079.00
  • Tax Annual Amount: 4116.00
  • Assessor Parcel Number: 08-007.00-089
  • Tax Lot: 089
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/30/2019

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
Jul 30, 2019
Sold by
Hobson Brian and The Revocalbe Trust Of Sheila
Bought by
Wadhwa Sanjay and Wadhwa Manisha
Seller's Agent
Nikolina Novakovic
Century 21 Gold Key Realty
Buyer's Agent
Nikolina Novakovic
Gold Key Realty
List Price
$389,900
Sold Price
$345,000
Premium/Discount to List
-$44,900
-11.52%
Current Estimated Value
$561,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,885
Avg. Annual Appreciation
8.04%
Original Mortgage
$258,750
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2017
Sold by
Hobson Sheila M
Bought by
Hobson Brian and Sheila M Hobson Revocable Trus
Source: Public Records

Range of Values:

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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
Wadhwa Sanjay $345,000 None Available
Hobson Brian -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wadhwa Sanjay $256,935
Closed Wadhwa Sanjay $258,750
Previous Owner Hobson Sheila M $207,460
Previous Owner Hobson Sheila M $227,150
Previous Owner Hobson Sheila M $239,500
Previous Owner Hobson Sheila M $254,700
Previous Owner Hobson John C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Sold $345,000 -9.2% $157 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
03/07/2019 03/07/19 Price Changed $379,900 -2.6% $173 / Sq Ft
01/31/2019 01/31/19 For Sale $389,900 -- $177 / 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 $4,622 $125,100 $36,800 $88,300
2023 $4,078 $125,100 $36,800 $88,300
2022 $4,126 $125,100 $36,800 $88,300
2021 $4,126 $125,100 $36,800 $88,300
2020 $4,139 $125,100 $36,800 $88,300
2019 $51 $125,100 $36,800 $88,300
2018 $172 $125,100 $36,800 $88,300
2017 $3,321 $125,100 $36,800 $88,300
2016 $3,321 $125,100 $36,800 $88,300
2015 $3,081 $125,100 $36,800 $88,300
2014 $2,814 $125,100 $36,800 $88,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC337874

Bright MLS

APN: 08-007.00-089