2 Loras Way Hockessin, DE 19707
Estimated Value: $588,000 - $672,514
4
Beds
2.5
Baths
3,475
Sq Ft
$186/Sq Ft
Est. Value
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 2022Welcome 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!
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
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%
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,879
Avg. Annual Appreciation
4.38%
Original Mortgage
$546,250
Outstanding Balance
$508,552
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$156,618
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
Similar Homes in Hockessin, DE
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 A | $387,000 | |
| Previous Owner | Letts James | $399,640 | |
| Previous Owner | Farley Sandra M | $100,000 | |
| Previous Owner | Farley Michael T | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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
-
Brian Hadley
Seller's Agent in 2022
Brian Hadley
Patterson Schwartz
(302) 388-2984
38 in this area
357 Total Sales
-
Linda Hanna
Buyer's Agent in 2022
Linda Hanna
Patterson Schwartz
(302) 547-5836
30 in this area
217 Total Sales
-
Kathleen Eddins
Buyer Co-Listing Agent in 2022
Kathleen Eddins
Patterson Schwartz
(302) 893-4373
30 in this area
236 Total Sales
-
Joyce Chambers
Seller's Agent in 2016
Joyce Chambers
EXP Realty, LLC
(302) 540-2104
1 in this area
15 Total Sales
-
C
Buyer's Agent in 2016
Chris Enderle
Keller Williams Real Estate - West Chester
Map
Source: Bright MLS
MLS Number: DENC2011572
APN: 08-006.40-040
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