NOT LISTED FOR SALE

123 Montchan Dr Wilmington, DE 19807

Estimated Value: $885,119 - $948,000

4 Beds
3.5 Baths
3,000 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $675,000 $225 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,595/month

149 Days on Market

Highlights

  • Commercial Range
  • Deck
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of October 2015

Exceptional, classic two story colonial with 4 bedrooms and 3.1 bathrooms in the desirable community of Montchan. Charming curb appeal with traditional siding & brick, carriage style garage doors, and complete with white picket fence. Elegant living room with crown molding and fireplace is open to the formal dining room which features wainscoting & crown molding. Gourmet kitchen with stainless appliances including commercial grade 6 burner plus griddle range, wall oven, built-in refrigerator & microwave oven. Kitchen is also host to large island with prep sink, granite counters, under-mount double sink with window overlooking rear yard, tile backsplash, and abundant cabinetry. Choose to dine at the island counter or in the breakfast area with French doors overlooking the rear yard. The kitchen is open to the family room creating a much desired great room effect. A beautiful brick fireplace with built-ins highlights one wall. A convenient wet bar with beverage refrigerator is perfect while entertaining. Another set of French doors lead to the front courtyard patio. The first floor is complete with den, laundry room, and powder room. Upstairs you will find the master suite with private bath, three additional bedrooms, and full hall bath. The master suite is sure to please with walk-in cedar closet and sumptuous marble bathroom with whirlpool tub. The finished lower level has separate exercise or music room and large recreation room with a built-in salt water aquarium feature. Spacious rear yard with Trex deck and ample room for play or gardening. Two car oversized garage and large driveway for overflow parking. Move-in ready condition in prime Greenville location within walking distance to shops and restaurants.

Last Agent to Sell the Property

Stephen Mottola

Compass License #R3-0010595 Listed on: 04/14/2015

Compass

Co-Listed By

Kristine Mottola

Compass License #R3-0015570

Last Buyer's Agent

Joelle Waterkotte

Compass RE License #RS321038

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,305

Year Built

  • Built in 1976

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 85x142
  • Cul-De-Sac
  • Level Lot
  • Open Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned NC15

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • 2 Fireplaces
  • Marble Fireplace
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Commercial Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • 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

Basement

  • Partial Basement
  • Drainage System

Outdoor Features

  • Deck
  • Patio

Schools

  • Brandywine Springs Elementary School
  • Alexis I. Dupont High School

Utilities

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

Community Details

  • Association fees include common area maintenance, snow removal
  • Montchanin Subdivision

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 07-027.30-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,305

Year Built

Built in 1976

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Brochure In Home
  • Inclusions: See Brochure In Home
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1976
  • Remarks Public: Exceptional, classic two story colonial with 4 bedrooms and 3.1 bathrooms in the desirable community of Montchan. Charming curb appeal with traditional siding & brick, carriage style garage doors, and complete with white picket fence. Elegant living room with crown molding and fireplace is open to the formal dining room which features wainscoting & crown molding. Gourmet kitchen with stainless appliances including commercial grade 6 burner plus griddle range, wall oven, built-in refrigerator & microwave oven. Kitchen is also host to large island with prep sink, granite counters, under-mount double sink with window overlooking rear yard, tile backsplash, and abundant cabinetry. Choose to dine at the island counter or in the breakfast area with French doors overlooking the rear yard. The kitchen is open to the family room creating a much desired great room effect. A beautiful brick fireplace with built-ins highlights one wall. A convenient wet bar with beverage refrigerator is perfect while entertaining. Another set of French doors lead to the front courtyard patio. The first floor is complete with den, laundry room, and powder room. Upstairs you will find the master suite with private bath, three additional bedrooms, and full hall bath. The master suite is sure to please with walk-in cedar closet and sumptuous marble bathroom with whirlpool tub. The finished lower level has separate exercise or music room and large recreation room with a built-in salt water aquarium feature. Spacious rear yard with Trex deck and ample room for play or gardening. Two car oversized garage and large driveway for overflow parking. Move-in ready condition in prime Greenville location within walking distance to shops and restaurants.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Wall, Commercial Range, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Stone
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Air Filter System, Wet/Dry Bar, Kitchen - Eat-In
  • Fireplace Features: Brick, Marble
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Partial, Drainage System
  • Laundry Type: Main Floor
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Net Sq Ft: 3000.00
  • Price Per Sq Ft: 233.30
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 123

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, Brick
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • 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: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • 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

  • HOA Fees: 150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: BRANDYWINE SPRINGS SCHOOL
  • High School: ALEXIS I. DUPONT
  • School District Key: 300200396545
  • Elementary School: BRANDYWINE SPRINGS SCHOOL
  • High School: ALEXIS I. DUPONT

Lot Info

  • Improvement Assessed Value: 155100.00
  • Land Assessed Value: 45300.00
  • Lot Features: Cul-De-Sac, Level, Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.37
  • Lot Dimensions: 85X142
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16117.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Zoning: NC15

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2251249
  • Tax Annual Amount: 5305.00
  • Assessor Parcel Number: 07-027.30-013
  • Tax Lot: 013
  • Tax Year: 2014
  • Close Date: 10/15/2015

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
Oct 15, 2015
Sold by
Rounds Bruce and Rounds Gail
Bought by
Shafer Mark W and Shafer Celia S
Seller's Agent
Stephen Mottola
Compass
Buyer's Agent
Joelle Waterkotte
Compass RE
List Price
$774,900
Sold Price
$675,000
Premium/Discount to List
-$99,900
-12.89%
Current Estimated Value
$907,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,040
Avg. Annual Appreciation
2.43%
Original Mortgage
$400,000
Outstanding Balance
$318,997
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$535,685

Purchase Details

Closed on
Oct 5, 2007
Sold by
Acierno Michael and Acierno Lisa
Bought by
Rounds Bruce and Rounds Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Shafer Mark W $675,000 None Available
Rounds Bruce $805,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafer Mark W $400,000
Previous Owner Rounds Bruce A $700,000
Previous Owner Rounds Bruce A $700,000
Previous Owner Rounds Bruce $805,000
Previous Owner Acierno Michael A $3,100,000
Previous Owner Acierno Michael A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2015 10/15/15 Sold $675,000 -3.6% $225 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
08/26/2015 08/26/15 Price Changed $699,900 -6.6% $233 / Sq Ft
06/08/2015 06/08/15 Price Changed $749,000 -3.3% $250 / Sq Ft
04/14/2015 04/14/15 For Sale $774,900 -- $258 / 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 $7,678 $200,400 $45,300 $155,100
2023 $6,809 $200,400 $45,300 $155,100
2022 $6,846 $200,400 $45,300 $155,100
2021 $6,839 $200,400 $45,300 $155,100
2020 $6,841 $200,400 $45,300 $155,100
2019 $7,088 $200,400 $45,300 $155,100
2018 $6,722 $200,400 $45,300 $155,100
2017 $6,642 $200,400 $45,300 $155,100
2016 $6,318 $200,400 $45,300 $155,100
2015 $5,937 $200,400 $45,300 $155,100
2014 $5,516 $200,400 $45,300 $155,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002575608

Bright MLS

APN: 07-027.30-013