NOT LISTED FOR SALE

1261 Old Wilmington Rd Hockessin, DE 19707

Estimated Value: $815,000 - $853,000

4 Beds
3 Baths
3,375 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $775,000 $230 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,889/month

10 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Direct Access Garage
  • Dupont (H.B.) Middle School Rated A
  • No HOA
  • 90% Forced Air Heating and Cooling System

About This Home

As of March 2024

Quality describes this exceptional 4 bedroom, 3 full bathroom home in the heart of Hockessin. You will immediately be greeted by the well manicured landscaping, stately brick exterior and two car garage. Start your tour inside through the bright and open foyer featuring hardwood floors that continue throughout the majority of the main level. A spacious living and dining room are off the entrance of the home. Continue into the updated eat-in kitchen to find your quality solid wood cabinets, quartz countertops, modern backsplash and stainless steel appliances. Right off of the kitchen is the two story living room featuring a stunning fireplace centerpiece and many windows that let in an abundance of natural light. The first floor also includes a breakfast room and an office, or possible first floor bedroom with a full bathroom. Upstairs, the primary suite is a true oasis with a sitting room, a fully renovated ensuite with jetted tub, custom tiled shower, modern fixtures and his and her walk in closets. Three large bedrooms and an additional full bathroom are also on this level. The full basement has extra tall ceilings and is ready to be finished! Outside is a spacious backyard with a deck, perfect for relaxing or entertaining. If you are looking for a spacious home with an abundance of storage and the ability to entertain for any occasion, this is the home for you. Location is everything, and this luxurious home is conveniently located close to popular restaurants, craft breweries, prime shopping, and everything that the Hockessin, Pike Creek, Kennett Square and Greenville Valley has to offer. This home truly has it all, the only thing left for you to do is move in!

Last Agent to Sell the Property

Corey Harris

Crown Homes Real Estate License #RS-368137 Listed on: 01/29/2024

Last Buyer's Agent

Nicholas Smith

Monument Sotheby's International Realty

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,410

Year Built

  • Built in 2009

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 97.90 x 266.20
  • Property is zoned NC21

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,375 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 083
  • Assessor Parcel Number 08-008.30-083

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,410

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: Quality describes this exceptional 4 bedroom, 3 full bathroom home in the heart of Hockessin. You will immediately be greeted by the well manicured landscaping, stately brick exterior and two car garage. Start your tour inside through the bright and open foyer featuring hardwood floors that continue throughout the majority of the main level. A spacious living and dining room are off the entrance of the home. Continue into the updated eat-in kitchen to find your quality solid wood cabinets, quartz countertops, modern backsplash and stainless steel appliances. Right off of the kitchen is the two story living room featuring a stunning fireplace centerpiece and many windows that let in an abundance of natural light. The first floor also includes a breakfast room and an office, or possible first floor bedroom with a full bathroom. Upstairs, the primary suite is a true oasis with a sitting room, a fully renovated ensuite with jetted tub, custom tiled shower, modern fixtures and his and her walk in closets. Three large bedrooms and an additional full bathroom are also on this level. The full basement has extra tall ceilings and is ready to be finished! Outside is a spacious backyard with a deck, perfect for relaxing or entertaining. If you are looking for a spacious home with an abundance of storage and the ability to entertain for any occasion, this is the home for you. Location is everything, and this luxurious home is conveniently located close to popular restaurants, craft breweries, prime shopping, and everything that the Hockessin, Pike Creek, Kennett Square and Greenville Valley has to offer. This home truly has it all, the only thing left for you to do is move in!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3375
  • Living Area Sq Ft: 3375
  • Price Per Sq Ft: 236.74
  • Above Grade Finished Sq Ft: 3375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1261

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Brick
  • 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, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • 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
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.56
  • Lot Dimensions: 97.90 x 266.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24394.00
  • Year Assessed: 2022
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3305.00
  • Tax Annual Amount: 4410.00
  • Assessor Parcel Number: 08-008.30-083
  • Tax Lot: 083
  • Tax Total Finished Sq Ft: 3375
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/29/2024

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Mar 29, 2024
Sold by
Pg & Sons Properties Llc
Bought by
Pragada Vishwanath Dharani
Seller's Agent
Corey Harris
Crown Homes Real Estate
Buyer's Agent
Nicholas Smith
Monument Sotheby's International Realty
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Views
237
Current Estimated Value
$840,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,273
Avg. Annual Appreciation
5.05%
Original Mortgage
$697,500
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2023
Sold by
Krajewski Daniel J and Spencer Margaret M
Bought by
Pg & Sons Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2017
Sold by
Watt Brian
Bought by
Krajewski Daniel J and Spencer Margaret M

Purchase Details

Closed on
Apr 8, 2013
Sold by
Old Wilmington Road Associates Llc
Bought by
Watt Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 12, 2006
Sold by
Barba John A and 502 Inc Llc
Bought by
Old Wilmington Road Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.34%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 27, 2005
Sold by
Dunmyer Evelyn Cheyney and Estate Of A Ethel Cheyney
Bought by
502 Inc Llc
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
Pragada Vishwanath Dharani -- None Listed On Document
Pg & Sons Properties Llc -- None Listed On Document
Krajewski Daniel J -- None Available
Watt Brian $575,000 None Available
Old Wilmington Road Associates Llc $550,000 None Available
502 Inc Llc $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pragada Vishwanath Dharani $698,400
Closed Pragada Vishwanath Dharani $697,500
Previous Owner Pg & Sons Properties Llc $475,000
Previous Owner Watt Brian $260,000
Previous Owner Old Wilmington Road Associates Llc $550,000
Previous Owner Old Wilmington Road Associates Llc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $775,000 -3.0% $230 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $799,000 -- $237 / 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 $4,940 $133,700 $17,600 $116,100
2023 $4,358 $133,700 $17,600 $116,100
2022 $4,410 $133,700 $17,600 $116,100
2021 $27,533 $133,700 $17,600 $116,100
2020 $6,029 $133,700 $17,600 $116,100
2019 $5,287 $133,700 $17,600 $116,100
2018 $4,329 $133,700 $17,600 $116,100
2017 $4,276 $133,700 $17,600 $116,100
2016 $3,965 $129,800 $17,600 $112,200
2015 -- $129,800 $17,600 $112,200
2014 -- $129,800 $17,600 $112,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2055146

Bright MLS

APN: 08-008.30-083