NOT LISTED FOR SALE

1275 Madison Ln Hockessin, DE 19707

Estimated Value: $485,000 - $535,000

3 Beds
2.5 Baths
2,375 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $485,000 $204 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,089/month

6 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Recreation Room
  • North Star Elementary School Rated A
  • Colonial Architecture
  • 2 Car Attached Garage

About This Home

As of June 2022

Welcome to this beautiful 3 bedroom, 2.5 bath home located in the highly desirable community of Traditions at Pike Creek. This lovely end-unit town home is in outstanding condition with curb appeal. The gorgeous stone front home is ready for new owners. Living room and dining room have gleaming hardwood floors. The eat-in kitchen boasts granite countertops, attractive back splash, stainless appliances, and gas cooking range with plenty of counter space for the avid cook. The breakfast room attached to the kitchen leads you to a no-maintenance composite deck, and beautiful backyard. Upstairs you will find the large size owner's suite with vaulted cathedral ceiling, a walk-in closet, and upgraded owner's bath. The two other bedrooms are also a very nice size with large closets. A convenient laundry room completes the 2nd level. The finished lower family room in has a 4 ft. extension with hardwood floors is perfect for comfy nights in or entertaining family. This is a fantastic Hockessin location close to shopping, restaurants, parks, and athletic clubs. Don't miss the chance to call this place home sweet home! SELLER PREFERS JULY 15TH CLOSING.

Last Agent to Sell the Property

Kalpana Joshi

Patterson-Schwartz-Hockessin Listed on: 04/27/2022

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Gobinatha MuthugowderPalani

Tesla Realty Group, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,023

Year Built

  • Built in 2015

Lot Details

  • 2,178

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,375 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Flood Lights
  • Finished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • North Star Elementary School

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater

Additional Features

  • Exterior Lighting
  • 2,178 Sq Ft Lot

Community Details

  • Trad At Pike Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0803010391

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,023

Year Built

Built in 2015

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: REFRIGERATOR, WASHER, DRYER
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2015
  • Remarks Public: Welcome to this beautiful 3 bedroom, 2.5 bath home located in the highly desirable community of Traditions at Pike Creek. This lovely end-unit town home is in outstanding condition with curb appeal. The gorgeous stone front home is ready for new owners. Living room and dining room have gleaming hardwood floors. The eat-in kitchen boasts granite countertops, attractive back splash, stainless appliances, and gas cooking range with plenty of counter space for the avid cook. The breakfast room attached to the kitchen leads you to a no-maintenance composite deck, and beautiful backyard. Upstairs you will find the large size owner's suite with vaulted cathedral ceiling, a walk-in closet, and upgraded owner's bath. The two other bedrooms are also a very nice size with large closets. A convenient laundry room completes the 2nd level. The finished lower family room in has a 4 ft. extension with hardwood floors is perfect for comfy nights in or entertaining family. This is a fantastic Hockessin location close to shopping, restaurants, parks, and athletic clubs. Don't miss the chance to call this place home sweet home! SELLER PREFERS JULY 15TH CLOSING.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Recreation Room, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2375
  • Living Area Sq Ft: 2375
  • Price Per Sq Ft: 189.43
  • Above Grade Finished Sq Ft: 2375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1275

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: Stone, Vinyl Siding
  • Exterior Features: Exterior Lighting, Flood Lights, Sidewalks
  • 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: Built In, Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 620.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: NORTH STAR
  • School District Key: 300200396545
  • School District Source: Listing Agent
  • Elementary School: NORTH STAR

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 7347798
  • Tax Annual Amount: 3023.00
  • Assessor Parcel Number: 0803010391
  • Tax Year: 2021
  • Close Date: 06/30/2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 9, 2022
Sold by
Grewal Rupinder S and Grewal Jaspreet K
Bought by
Phung Viet Cuong and Pham Chloe Cam
Seller's Agent
Kalpana Joshi
Patterson-Schwartz-Hockessin
Buyer's Agent
Gobinatha MuthugowderPalani
Tesla Realty Group, LLC
List Price
$449,900
Sold Price
$485,000
Premium/Discount to List
$35,100
7.8%
Current Estimated Value
$505,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,729
Avg. Annual Appreciation
1.66%
Original Mortgage
$375,600
Outstanding Balance
$357,860
Interest Rate
5.09%
Mortgage Type
Balloon
Estimated Equity
$152,649

Purchase Details

Listed on
Feb 7, 2015
Closed on
Jun 19, 2015
Sold by
Nvr Inc
Bought by
Grewal Rupinder S and Grewal Jaspreet K
Seller's Agent
Erik Hoferer
Long & Foster Real Estate, Inc.
Buyer's Agent
Mary Lynch
Patterson-Schwartz-Middletown
List Price
$347,175
Sold Price
$367,005
Premium/Discount to List
$19,830
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$293,604
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2015
Sold by
Traditions At Pike Creek Llc
Bought by
Nvr Inc
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
Phung Viet Cuong $464,500 Law Offices Of Vance A Funk Pa
Grewal Rupinder S $367,005 None Available
Nvr Inc $857,742 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phung Viet Cuong $375,600
Previous Owner Grewal Rupinder S $293,604
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $485,000 +7.8% $204 / Sq Ft
06/28/2022 06/28/22 Price Changed $449,900 0.0% $189 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $449,900 +22.6% $189 / Sq Ft
06/23/2015 06/23/15 Sold $367,005 +5.3% $175 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
02/11/2015 02/11/15 Price Changed $348,570 +0.4% $166 / Sq Ft
02/07/2015 02/07/15 For Sale $347,175 -- $165 / 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 $3,377 $88,000 $16,100 $71,900
2023 $3,005 $88,000 $16,100 $71,900
2022 $3,026 $88,000 $16,100 $71,900
2021 $3,024 $88,000 $16,100 $71,900
2020 $3,033 $88,000 $16,100 $71,900
2019 $3,582 $88,000 $16,100 $71,900
2018 $643 $88,000 $16,100 $71,900
2017 $2,799 $88,000 $16,100 $71,900
2016 $2,799 $88,000 $16,100 $71,900
2015 $128 $88,000 $16,100 $71,900
2014 $114 $4,300 $4,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2022396

Bright MLS

APN: 08-030.10-391