NOT LISTED FOR SALE

220 Peoples Way Hockessin, DE 19707

Estimated Value: $917,000 - $1,060,000

4 Beds
3.5 Baths
4,075 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $625,000 $153 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,046/month

159 Days on Market

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • Attic
  • North Star Elementary School Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of October 2017

Priced below 2015 appraised value of $675,000, this magnificent Madison-Chateau Model Colonial is in immaculate condition! From the minute you step through the double front doors, this home will impress you. The two story foyer with winding staircase and hardwood floors welcome you home. The formal living and dining rooms have been custom painted. The kitchen has granite and corian counter tops, 42" cabinets, all stainless appliances (most have been updated) and hardwood floor. The kitchen is open to the two story foyer family room with gas fireplace and beautiful built-in shelving making this area the focal point of the home. Also off the kitchen is the bright and light sunroom. A nice sized den rounds out the first floor. Upstairs, find a stately master bedroom retreat. You will love the huge walk-in closet with custom built-ins and private master bath. The second bedroom is a princess suite with it's own private bath. The two remaining bedrooms enjoy a "jack & jill" bath. There are closet organizers throughout the home. The clean basement can easily be finished since an architectural design has been completed. Step outside the sunroom and enjoy the brick paver patio complete with custom awning. This is a great home for entertaining guests! There is a 3-car turned garage and the yard gently slopes in the back for the family to relish the great outdoors. Located in Red Clay District- North Star Feeder Pattern. The Seller is offering a 1 Year Home Warranty.

Last Agent to Sell the Property

Linda Hanna

Patterson-Schwartz-Hockessin License #RS307525 Listed on: 04/07/2017

Patterson-Schwartz-Hockessin

Co-Listed By

Kathleen Eddins

Patterson-Schwartz-Hockessin License #RS-296880

Last Buyer's Agent

Kalpana Joshi

Patterson-Schwartz-Hockessin

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,920

Year Built

  • Built in 2003

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 133 x 245
  • Northeast Facing Home
  • Open Lot
  • Property is in good condition
  • Property is zoned NC21

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,075 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Schools

  • North Star Elementary School
  • Henry B. Du Pont Middle School
  • John Dickinson High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08-018.20-057

Community Details

Overview

  • Association fees include common area maintenance, snow removal
  • Hockessin Valley F Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,920

Year Built

Built in 2003

Lot Details

0

HOA Fees

$6 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Window Treatments, Refrigorator, Back Yard Shed
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2003
  • Remarks Public: Priced below 2015 appraised value of $675,000, this magnificent Madison-Chateau Model Colonial is in immaculate condition! From the minute you step through the double front doors, this home will impress you. The two story foyer with winding staircase and hardwood floors welcome you home. The formal living and dining rooms have been custom painted. The kitchen has granite and corian counter tops, 42" cabinets, all stainless appliances (most have been updated) and hardwood floor. The kitchen is open to the two story foyer family room with gas fireplace and beautiful built-in shelving making this area the focal point of the home. Also off the kitchen is the bright and light sunroom. A nice sized den rounds out the first floor. Upstairs, find a stately master bedroom retreat. You will love the huge walk-in closet with custom built-ins and private master bath. The second bedroom is a princess suite with it's own private bath. The two remaining bedrooms enjoy a "jack & jill" bath. There are closet organizers throughout the home. The clean basement can easily be finished since an architectural design has been completed. Step outside the sunroom and enjoy the brick paver patio complete with custom awning. This is a great home for entertaining guests! There is a 3-car turned garage and the yard gently slopes in the back for the family to relish the great outdoors. Located in Red Clay District- North Star Feeder Pattern. The Seller is offering a 1 Year Home Warranty.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Self Cleaning, Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Stone
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Study, Sun/Florida Room, Laundry, Mud Room, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor, Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 4075
  • Living Area Sq Ft: 4075
  • Net Sq Ft: 4075.00
  • Price Per Sq Ft: 159.48
  • Above Grade Finished Sq Ft: 4075
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 220

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Stucco
  • Access To Pool: No
  • Exterior Features: Street Lights, Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 75.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: NORTH STAR
  • Middle School: HENRY B. DU PONT
  • High School: JOHN DICKINSON
  • School District Key: 300200396545
  • Elementary School: NORTH STAR
  • High School: JOHN DICKINSON
  • Middle Or Junior School: HENRY B. DU PONT

Lot Info

  • Lot Features: Open
  • Lot Size Acres: 0.75
  • Lot Dimensions: 133 X 245
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32670.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2268623
  • Tax Annual Amount: 4920.00
  • Assessor Parcel Number: 08-018.20-057
  • Tax Year: 2016
  • Close Date: 10/13/2017

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Oct 13, 2017
Sold by
Ferretti John and Ferretti Diane
Bought by
Parikh Tejesh and Rajaii Parinaz
Seller's Agent
Linda Hanna
Patterson-Schwartz-Hockessin
Buyer's Agent
Kalpana Joshi
Patterson-Schwartz-Hockessin
List Price
$649,900
Sold Price
$625,000
Premium/Discount to List
-$24,900
-3.83%
Current Estimated Value
$981,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,553
Avg. Annual Appreciation
4.43%
Original Mortgage
$424,000
Outstanding Balance
$246,439
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$631,260

Purchase Details

Closed on
Oct 10, 2000
Bought by
Ferretti John and Ferretti Diane
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
Parikh Tejesh -- None Available
Ferretti John $443,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parikh Tejesh $424,000
Previous Owner Ferretti John $352,000
Previous Owner Ferretti John $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $625,000 -3.8% $153 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $649,900 +4.0% $159 / Sq Ft
08/07/2017 08/07/17 Off Market $625,000 -- --
07/26/2017 07/26/17 Price Changed $649,900 -1.5% $159 / Sq Ft
06/27/2017 06/27/17 For Sale $659,900 +5.6% $162 / Sq Ft
06/27/2017 06/27/17 Off Market $625,000 -- --
04/07/2017 04/07/17 For Sale $659,900 0.0% $162 / Sq Ft
05/31/2016 05/31/16 Rented $3,200 -11.1% --
05/18/2016 05/18/16 Under Contract -- -- --
01/22/2016 01/22/16 For Rent $3,600 -- --
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 $7,983 $208,000 $25,200 $182,800
2023 $7,103 $208,000 $25,200 $182,800
2022 $7,152 $208,000 $25,200 $182,800
2021 $7,147 $208,000 $25,200 $182,800
2020 $0 $188,200 $25,200 $163,000
2019 $721 $188,200 $25,200 $163,000
2018 $6,376 $188,200 $25,200 $163,000
2017 $6,302 $188,200 $25,200 $163,000
2016 $5,986 $188,200 $25,200 $163,000
2015 $5,623 $188,200 $25,200 $163,000
2014 $5,247 $188,200 $25,200 $163,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000323143

Bright MLS

APN: 08-018.20-057