$850,000
SOLD JUL 11, 2025
5 Beds
3.5 Baths
4,000 Sq Ft
0.36 Acres

Recently Sold

$212 Per Sq Ft

13 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Deck
  • View of Trees or Woods
  • Colonial Architecture
  • Vaulted Ceiling

About This Home

As of July 2025

Welcome to 1425 Olmsted Drive—an exceptional home offering luxury, privacy, and first-class amenities in the prestigious Toll Brothers community of Red Lion Chase. This 5-bedroom, 3.5-bath property boasts over 4,000 square feet of thoughtfully designed living space, paired with a backyard oasis that feels like your own private resort.

From the moment you arrive, the home's impressive curb appeal sets the tone. The striking combination of stone and upgraded Hardie board siding is beautifully complemented by professionally landscaped gardens, kept vibrant by a 9-zone irrigation system.

Step through the custom cut glass front door with dual sidelights into an 18-foot tall foyer, where a grand curved staircase makes a stunning first impression. To the right, a spacious room awaits, perfect for a private office or cozy den. To the left, an elegant formal dining room with a tray ceiling, intricate tile design, crown molding, and a beautiful bay window invites you to host unforgettable gatherings.

At the heart of the home is a dramatic two-story great room anchored by a gas fireplace, oversized lower windows, and striking Palladian windows above—outfitted with remote-controlled blinds for effortless light control and privacy. The open-concept kitchen is ideal for both everyday living and entertaining, featuring rich cherry cabinetry, granite countertops, a center island, a raised breakfast bar, a cozy breakfast nook, and a butler’s pantry that seamlessly connects to the dining room.

The first-floor main suite offers the ultimate retreat with two spacious walk-in closets, a luxurious custom bathroom, its own private thermostat for personalized comfort, and direct access to the outdoor living space. Step out to your private oasis featuring a covered hot tub, a two-level Trex deck with a retractable awning, and a sparkling saltwater in-ground pool—all backing to a protected preserve for unmatched privacy and tranquility.

On the second floor, you'll find four generously sized bedrooms and two full bathrooms, providing flexible options for family, guests, or additional workspace.

Additional thoughtful upgrades include a Carrier Infiniti 3-zone HVAC system for optimal comfort, automatic solar blinds for easy light control, a built-in outdoor gas line ready for your grill, and a professionally finished three-car garage with an epoxy-coated floor. The home is also equipped with a surround sound system (with speakers included), an automatic venting system in the basement, and first-floor laundry hookups for added convenience.

This is truly a rare opportunity to own a home that perfectly blends timeless design, luxurious upgrades, first-floor living, and a resort-style backyard retreat.

Ideally situated with seamless access to Route 1 and I-95, 1425 Olmsted Drive offers an unmatched combination of luxury and convenience. Indulge in nearby fine dining, premier shopping at Christiana Mall, and vibrant local attractions, all just minutes from your doorstep. Outdoor enthusiasts will appreciate the proximity to picturesque parks, scenic canal trails, and miles of biking and walking paths. Experience a lifestyle where everyday ease meets refined living—this extraordinary home is one you won't want to miss.

Professional photos to come!

Last Agent to Sell the Property

Michael Terranova

(302) 299-6621 mike@TheTerranovaTeam.com Keller Williams Realty Wilmington License #RS338692 Listed on: 05/17/2025

Keller Williams Realty Wilmington

Last Buyer's Agent

Jemimah Chuks

(302) 359-8337 jemimah@jemimahchuksteam.com EXP Realty, LLC License #RS-0026132

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,112

Year Built

  • Built in 2012

Lot Details

  • 0.36 Acre Lot
  • Vinyl Fence
  • Back Yard Fenced
  • Extensive Hardscape
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding
  • HardiePlank Type

Interior Spaces

  • 4,000 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Views of Woods
  • Eat-In Kitchen
  • Laundry Chute
  • Attic
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Accessible Home Design

  • Halls are 36 inches wide or more
  • Garage doors are at least 85 inches wide
  • Doors are 32 inches wide or more

Pool

  • In Ground Pool
  • Saltwater Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Deck
  • Exterior Lighting
  • Rain Gutters

Schools

  • Gunning Bedford Middle School
  • William Penn High School

Utilities

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

Community Details

  • Red Lion Chase Subdivision

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 12-026.00-136

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,112

Year Built

Built in 2012

Lot Details

0

HOA Fees

$120 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: >84" Garage Door, 36"+ Wide Halls, 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 5/17/2025 12:00:00 AM
  • Year Built: 2012
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Tile/Brick, Wood
  • Interior Amenities: Attic, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Laundry Chute, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Vaulted Ceilings
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 212.50
  • Above Grade Finished Sq Ft: 4000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Hardiplank Type, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Gutter System, Hot Tub, Underground Lawn Sprinkler, Sidewalks
  • Pool Features: Fenced, In Ground, Saltwater
  • Roof: Architectural Shingle, Asphalt, Shingle
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, On Street, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 120.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: WILLIAM PENN
  • Middle Or Junior School: GUNNING BEDFORD

Lot Info

  • Fencing: Rear, Vinyl
  • Lot Size Acres: 0.36
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15682.00
  • Outdoor Living Structures: Deck(s), Roof
  • Property Condition: Excellent
  • Zoning: S
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 3795.00
  • Tax Annual Amount: 5112.00
  • Assessor Parcel Number: 12-026.00-136
  • Tax Lot: 136
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2025
Closed on
Jul 11, 2025
Sold by
Declaration Of Trust Of Marilyn Gianakos and Gianakos Marilyn
Bought by
Duggirala Srinivas and Veerapaneni Renu
Seller's Agent
Michael Terranova
Keller Williams Realty Wilmington
Buyer's Agent
Jemimah Chuks
EXP Realty, LLC
List Price
$850,000
Sold Price
$850,000
Views
166
Current Estimated Value
$860,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,541
Avg. Annual Appreciation
2.72%
Original Mortgage
$680,000
Outstanding Balance
$678,849
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$181,692

Purchase Details

Closed on
Sep 26, 2016
Sold by
Gianakos Marilyn
Bought by
Marilyn Gianakos Declaration Of Trust

Purchase Details

Closed on
Apr 3, 2012
Sold by
Hockessin Chase Lp
Bought by
Gianakos Marilyn

Purchase Details

Closed on
May 7, 2009
Sold by
Dragon Group Llc
Bought by
Hockessin Chase Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $850,000 None Listed On Document
Deed -- None Available
Deed $574,443 None Available
Deed $1,408,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $680,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2025 07/11/25 Sold $850,000 0.0% $213 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
05/17/2025 05/17/25 For Sale $850,000 -- $213 / 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 $5,690 $163,600 $12,500 $151,100
2023 $5,200 $163,600 $12,500 $151,100
2022 $5,416 $163,600 $12,500 $151,100
2021 $5,413 $163,600 $12,500 $151,100
2020 $5,448 $163,600 $12,500 $151,100
2019 $5,515 $163,600 $12,500 $151,100
2018 $5,360 $163,600 $12,500 $151,100
2017 $5,022 $163,600 $12,500 $151,100
2016 $4,475 $163,600 $12,500 $151,100
2015 $4,476 $163,600 $12,500 $151,100
2014 $4,501 $163,600 $12,500 $151,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2080456

Bright MLS

APN: 12-026.00-136