$494,835 - $593,000
RENTED AUG 1, 2025

1278 Madison Ln Hockessin, DE 19707

3 Beds
3.5 Baths
2,700 Sq Ft
$206 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Engineered Wood Flooring
  • Forced Air Heating and Cooling System
  • North Star Elementary School Rated A
  • 1 Car Attached Garage
  • Property is in excellent condition

About This Home

As of August 2025

Available August 1, 2025. This exquisite, end-unit townhome in the popular Traditions at Pike Creek was built in 2016 and nestled in the heart of Hockessin/Pike Creek. Conveniently located near area parks, recreation areas and shopping. Red Clay School District and includes the highly rated North Star Elementary School. This stunning 3 bed, 3.5 bath residence offers a generous 2,700 square feet of living space, thoughtfully designed to meet all your modern needs. Step inside to discover an inviting open floor plan that beautifully integrates the living areas, perfect for both relaxation and entertainment. Features include 9 Ft ceilings, recessed lighting, luxury engineered flooring and an abundance of natural light. The well-equipped kitchen features stainless steel appliances, granite countertops and gas stove. The adjacent dining area flows seamlessly into the living room, with access to the back deck for easy grilling and entertaining. This home features three spacious bedrooms, each offering ample closet space and natural light. The primary suite is a serene retreat, designed for comfort and privacy with an en-suite bathroom and double vanity. The Laundry room completes the second floor for added convenience. For those in need of extra storage or recreational space, the full basement offers endless possibilities and also includes a full bath. Whether you envision a home gym, media room, or a play area, this basement can accommodate your lifestyle. The property includes an attached garage, providing both parking and additional storage solutions. With central air conditioning and gas heat, you’ll enjoy year-round comfort.

Special Remarks: 1) No pets 2) No smoking 3) Tenant responsible for all utilities including electric, water, sewer, internet/cable, security system, trash/recycle, snow removal and landscaping 4) Refrigerator in garage, Projector/speakers in basement, Ring Door Bell/Blink Security Systems and cabinets/shelving in garage are not included.

Leasing Requirements: 1) Credit Score of 650 or higher 2) Satisfactory Landlord References or Mortgage payment history 3) Income 3x monthly rent.

Last Agent to Rent the Property

Megan Staats

(302) 478-5555 megan.staats@compass.com Compass License #RS-0023071 Listed on: 05/23/2025

Compass

Last Renter's Agent

patrick haydt

patrick@therifegroup.com Compass RE License #RS324881

Compass RE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,730

Year Built

  • Built in 2016

Lot Details

  • 3,049 Sq Ft Lot
  • Property is in excellent condition

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 2 Levels
  • Finished Basement

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • North Star Elementary School
  • Henry B. Du Pont Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,800
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 8/1/25
  • $50 Application Fee
  • Assessor Parcel Number 08-030.10-383

Community Details

Overview

  • Trad At Pike Creek Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,730

Year Built

Built in 2016

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2025-08-01
  • Application Fee: 50.00
  • Owner Pays: None
  • Pets Allowed: No
  • Security Deposit: 2800.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Exclusions: Refrigerator in garage, Projector/speakers in basement, Ring Door Bell/Blink Security Systems and cabinets/shelving in garage
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 5/23/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Remarks Public: Available August 1, 2025. This exquisite, end-unit townhome in the popular Traditions at Pike Creek was built in 2016 and nestled in the heart of Hockessin/Pike Creek. Conveniently located near area parks, recreation areas and shopping. Red Clay School District and includes the highly rated North Star Elementary School. This stunning 3 bed, 3.5 bath residence offers a generous 2,700 square feet of living space, thoughtfully designed to meet all your modern needs. Step inside to discover an inviting open floor plan that beautifully integrates the living areas, perfect for both relaxation and entertainment. Features include 9 Ft ceilings, recessed lighting, luxury engineered flooring and an abundance of natural light. The well-equipped kitchen features stainless steel appliances, granite countertops and gas stove. The adjacent dining area flows seamlessly into the living room, with access to the back deck for easy grilling and entertaining. This home features three spacious bedrooms, each offering ample closet space and natural light. The primary suite is a serene retreat, designed for comfort and privacy with an en-suite bathroom and double vanity. The Laundry room completes the second floor for added convenience. For those in need of extra storage or recreational space, the full basement offers endless possibilities and also includes a full bath. Whether you envision a home gym, media room, or a play area, this basement can accommodate your lifestyle. The property includes an attached garage, providing both parking and additional storage solutions. With central air conditioning and gas heat, you’ll enjoy year-round comfort. Special Remarks: 1) No pets 2) No smoking 3) Tenant responsible for all utilities including electric, water, sewer, internet/cable, security system, trash/recycle, snow removal and landscaping 4) Refrigerator in garage, Projector/speakers in basement, Ring Door Bell/Blink Security Systems and cabinets/shelving in garage are not included. Leasing Requirements: 1) Credit Score of 650 or higher 2) Satisfactory Landlord References or Mortgage payment history 3) Income 3x monthly rent.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Engineered Wood, Carpet
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 1.04
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1278

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stone, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: NORTH STAR
  • Middle School: HENRY B. DU PONT
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396545
  • School District Source: Listing Agent
  • Elementary School: NORTH STAR
  • Middle Or Junior School: HENRY B. DU PONT

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Excellent
  • Zoning: ST

Tax Info

  • Assessor Parcel Number: 08-030.10-383
  • Tax Total Finished Sq Ft: 2700
  • Close Date: 08/01/2025

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2016
Sold by
Nvr Inc
Bought by
Arora Maneesh and Arora Charu Ghambir
Current Estimated Value
$555,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2016
Sold by
Traditions At Pike Creek Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

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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
Arora Maneesh -- None Available
Nvr Inc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arora Maneesh $393,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Rented $2,900 +3.6% --
05/23/2025 05/23/25 For Rent $2,800 -- --
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 $3,730 $97,200 $16,900 $80,300
2023 $3,319 $97,200 $16,900 $80,300
2022 $3,342 $97,200 $16,900 $80,300
2021 $3,340 $97,200 $16,900 $80,300
2020 $3,350 $97,200 $16,900 $80,300
2019 $3,757 $97,200 $16,900 $80,300
2018 $3,277 $97,200 $16,900 $80,300
2017 $3,255 $97,200 $16,900 $80,300
2016 -- $5,100 $5,100 $0
2015 $152 $5,100 $5,100 $0
2014 $135 $5,100 $5,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2076586

Bright MLS

APN: 08-030.10-383