NOT LISTED FOR SALE

2 Loras Way Hockessin, DE 19707

Estimated Value: $697,000 - $722,000

4 Beds
2.5 Baths
3,475 Sq Ft
$205/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $575,000 $165 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,206/month

3 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Direct Access Garage
  • 90% Forced Air Heating and Cooling System
  • North Star Elementary School Rated A

About This Home

As of January 2022

Welcome to 2 Loras Way in sought after Southwood Estates in Hockessin, a small 59-home community near the DE/PA line. This brick front Corrozi built classic center hall Colonial is situated in a cul-de-sac and is ready for its new owners. The sunlit 2-story foyer greets you upon entry with 18" tiles and turned wood staircase and flanked by a formal Living and Dining Rooms. The heart of the home is the eat-in Kitchen with 42" cherry cabinets, granite counters and SS appliances which overlooks the sunken family room with vaulted ceilings, skylights and a brick gas FP (not-functioning). The main floor has hardwoods, an updated powder room, laundry room and formal office or 5th BR. There are also 2 sliders to the rear deck which was just painted. Upstairs you will find 4 bedrooms, hardwoods in the foyer and primary BR which has a renovated full bathroom with tile floors, huge walk-in shower, claw foot tub and double vanities. If you need more space, the partially finished basement has plenty of room for all of your needs. Other notable features include newer windows, newer HVAC, corner lot, turned 2-car garage, fresh paint and feeds the coveted North Star Elementary School. Take a look today!

Last Agent to Sell the Property

Brian Hadley

(302) 388-2984 bhadley@psre.com Patterson-Schwartz-Hockessin Listed on: 12/03/2021

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Linda Hanna

(302) 547-5836 lhanna@psre.com Patterson-Schwartz-Hockessin License #RS307525

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,860

Year Built

  • Built in 1993

Lot Details

  • 0.59 Acre Lot
  • Property is zoned NC21

HOA Fees

  • $13 Monthly HOA Fees

Parking

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

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • Property has 2 Levels
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Rain Gutters

Schools

  • North Star Elementary School
  • Henry B. Du Pont Middle School
  • Alexis I. Dupont High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater
  • Public Septic

Community Details

  • Southwood Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0800640040

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,860

Year Built

Built in 1993

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: Personal Property
  • Inclusions: All Appliances and window treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1993
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3475
  • Living Area Sq Ft: 3475
  • Price Per Sq Ft: 201.77
  • Above Grade Finished Sq Ft: 2775
  • Below Grade Finished Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Exterior Features: Gutter System
  • 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 - Side 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, Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent
  • Elementary School: NORTH STAR
  • High School: ALEXIS I. DUPONT
  • Middle Or Junior School: HENRY B. DU PONT

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.59
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25700.00
  • Zoning: NC21
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 2264504
  • Tax Annual Amount: 4860.00
  • Assessor Parcel Number: 0800640040
  • Tax Year: 2020

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 7, 2022
Sold by
Letts and Danielle
Bought by
Mcmenemy Jennifer Lee and Mcmenemy Thomas
Seller's Agent
Brian Hadley
Patterson-Schwartz-Hockessin
Buyer's Agent
Linda Hanna
Patterson-Schwartz-Hockessin
List Price
$559,900
Sold Price
$575,000
Premium/Discount to List
$15,100
2.7%
Current Estimated Value
$711,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,289
Avg. Annual Appreciation
5.58%
Original Mortgage
$546,250
Outstanding Balance
$503,437
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$207,852

Purchase Details

Listed on
Jan 29, 2016
Closed on
Jun 22, 2016
Sold by
Farley Sandra M
Bought by
Letts James and Letts Danielle
Seller's Agent
Joyce Chambers
EXP Realty, LLC
Buyer's Agent
Chris Enderle
Keller Williams Real Estate - West Chester
List Price
$449,900
Sold Price
$412,000
Premium/Discount to List
-$37,900
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$399,640
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2011
Bought by
Farley Sandra M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcmenemy Jennifer Lee -- Ward & Taylor Llc
Letts James $412,000 None Available
Farley Sandra M $216,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmenemy Jennifer Lee $546,250
Previous Owner Letts James $399,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2022 01/07/22 Sold $575,000 +2.7% $165 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $559,900 +35.9% $161 / Sq Ft
06/23/2016 06/23/16 Sold $412,000 -4.2% $148 / Sq Ft View Prior Sale
04/13/2016 04/13/16 Pending -- -- --
04/04/2016 04/04/16 Price Changed $429,900 -2.3% $155 / Sq Ft
03/21/2016 03/21/16 Price Changed $439,900 -1.1% $159 / Sq Ft
03/17/2016 03/17/16 Price Changed $444,900 -1.1% $160 / Sq Ft
01/29/2016 01/29/16 For Sale $449,900 -- $162 / 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 $5,411 $141,000 $32,400 $108,600
2023 $4,815 $141,000 $32,400 $108,600
2022 $4,848 $141,000 $32,400 $108,600
2021 $4,845 $141,000 $32,400 $108,600
2020 $4,860 $141,000 $32,400 $108,600
2019 $5,213 $141,000 $32,400 $108,600
2018 $287 $141,000 $32,400 $108,600
2017 $4,485 $141,000 $32,400 $108,600
2016 $4,485 $141,000 $32,400 $108,600
2015 $3,713 $141,000 $32,400 $108,600
2014 $3,431 $141,000 $32,400 $108,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2011572

Bright MLS

APN: 08-006.40-040