NOT LISTED FOR SALE

226 Peoples Way Hockessin, DE 19707

Estimated Value: $833,000 - $988,000

4 Beds
3.5 Baths
5,000 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $750,000 $150 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,504/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • 3 Car Direct Access Garage
  • North Star Elementary School Rated A
  • 1 Fireplace
  • Living Room

About This Home

As of July 2022

Quality describes this exceptional custom designed Toll Brothers home in the sought-after Hockessin Valley Falls neighborhood and within the top rated Red Clay school district & North Star elementary school feeder pattern. Conveniently located in the Hockessin Valley, close to Ashland Nature Center, Carousel Park, Greenville, Route 41, I-95, popular dining & shopping, approximately 17min to The University of Delaware, 20min to the City of Wilmington financial district, and 35min to Philadelphia international airport. You will immediately be greeted by this stately home that sits on a secluded 0.75 acre premium lot that backs up to woods. Start your tour inside where you will se your two story foyer with open balcony, spacious formal dining and living room with glorious roman pillars, elegant chair rail trim, crown molding and an abundance of natural light. As you make your way towards the center of the home, you will pass the convenient powder room and sizable office/study right off of the formal family room. The main living/family room features extra tall two-story vaulted ceilings, extra wide windows and classic stone fireplace centerpiece. Head over to the airy kitchen with 42-inch solid wood cabinets, recessed lighting, modern countertops, hardwood flooring, an extra deep pantry and huge eat-in island with built-in cooktop. Near the kitchen is the breakfast room with triple pane glass doors that lead to the backyard. Right off of the kitchen is the south facing bright and open sunroom with direct access to the exterior composite deck with electric awnings that extend from the breakfast room and sunroom. Access to the 3 car garage, mudroom and laundry room are also on the main floor behind the kitchen area. On the northwest wing is the expansive first-floor master suite with tray ceilings, two giant his & her walk-in closets and your attached ensuite bathroom with large jacuzzi tub, separate stand-up shower and double vanities. Up the butterfly staircases, you will find three additional spacious bedrooms and another full bathroom which the princess suite has direct access to. There’s room to add a full bathroom inside of the larger bedroom upstairs to make a 2nd master bedroom. Through the front bedroom windows, enjoy the beautiful valley view and 4th of July fireworks. The 2,700 square foot full basement is partially finished offering an extra full bathroom, recreation room, theater room, fitness room, kids playroom and/or 2nd home office, plus tons of storage space. The total finished living space is an estimated 5,000 square feet with the potential to add more finished living space in the basement. This is also an energy-efficient home with 3 HVAC zones, your own solar system, and new high-efficiency gas heating furnaces. If you are looking for a bright and spacious home in a fantastic location with an abundance of storage and the ability to entertain for any occasion, this is the right one for you! Priced for a quick sale.

Last Agent to Sell the Property

Corey Harris

Crown Homes Real Estate License #RS-368137 Listed on: 05/26/2022

Last Buyer's Agent

Monica Bush

Patterson-Schwartz - Greenville

Patterson-Schwartz - Greenville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,498

Year Built

  • Built in 2000

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 133.40 x 245.00
  • Property is in excellent condition
  • Property is zoned NC21

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 11 Driveway Spaces

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Recreation Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Schools

  • North Star Elementary School

Utilities

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

Community Details

  • Hockessin Valley F Subdivision

Listing and Financial Details

  • Tax Lot 054
  • Assessor Parcel Number 08-018.20-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,498

Year Built

Built in 2000

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-05-26
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 19
  • Room List: Living Room, Primary Bedroom, Bedroom 3, Kitchen, Family Room, Bedroom 1, Recreation Room, Bathroom 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 6211
  • Living Area Sq Ft: 5000
  • Price Per Sq Ft: 219.09
  • Above Grade Finished Sq Ft: 3550
  • Below Grade Finished Sq Ft: 1450
  • Below Grade Sq Ft: 1211
  • Total Below Grade Sq Ft: 2661
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 226

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • 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: Stucco, Stone
  • Roof: Architectural 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
  • Garage Features: Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 14
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 11

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 90.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: NORTH STAR
  • Elementary School Source: Listing Agent
  • School District Key: 300200396545
  • School District Source: Listing Agent
  • Elementary School: NORTH STAR

Lot Info

  • Lot Size Acres: 0.75
  • Lot Dimensions: 133.40 x 245.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32670.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4113.00
  • Tax Annual Amount: 5498.00
  • Assessor Parcel Number: 08-018.20-054
  • Tax Lot: 054
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/15/2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jul 15, 2022
Sold by
Canli Hua
Bought by
Le Tom H and Tran Thi Bich
Seller's Agent
Corey Harris
Crown Homes Real Estate
Buyer's Agent
Monica Bush
Patterson-Schwartz - Greenville
List Price
$777,777
Sold Price
$750,000
Premium/Discount to List
-$27,777
-3.57%
Current Estimated Value
$906,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,594
Avg. Annual Appreciation
5.38%
Original Mortgage
$562,500
Outstanding Balance
$541,668
Interest Rate
5.78%
Mortgage Type
Balloon
Estimated Equity
$339,346

Purchase Details

Listed on
Sep 17, 2013
Closed on
Dec 19, 2013
Sold by
Hua Canli and Chen Maowei
Bought by
Hua Canli
Seller's Agent
Nancy Pu-Chou
BHHS Fox & Roach - Hockessin
Buyer's Agent
Canli Hua
RE/MAX Edge
List Price
$599,900
Sold Price
$557,000
Premium/Discount to List
-$42,900
-7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%
Original Mortgage
$400,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 17, 2013
Closed on
Dec 17, 2013
Sold by
Ih Donna M
Bought by
Hua Canli and Chen Maowei
Seller's Agent
Nancy Pu-Chou
BHHS Fox & Roach - Hockessin
Buyer's Agent
Canli Hua
RE/MAX Edge
List Price
$599,900
Sold Price
$557,000
Premium/Discount to List
-$42,900
-7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 17, 2002
Sold by
Ih Charles S and Ih Donna M
Bought by
Ih Donna M

Purchase Details

Closed on
Feb 26, 2001
Sold by
Ih Donna M
Bought by
Ih Charles S and Ih Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7%
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
Le Tom H -- Longo & Associates Llp
Hua Canli -- None Available
Hua Canli $557,000 None Available
Ih Donna M -- --
Ih Charles S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Tom H $562,500
Previous Owner Hua Canli $400,000
Previous Owner Ih Donna M $400,000
Previous Owner Ih Donna M $400,000
Previous Owner Ih Donna M $50,000
Previous Owner Ih Donna M $250,000
Previous Owner Ih Donna M $200,000
Previous Owner Ih Charles S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $750,000 -3.6% $150 / Sq Ft
06/28/2022 06/28/22 For Sale $777,777 +3.7% $156 / Sq Ft
06/14/2022 06/14/22 Off Market $750,000 -- --
06/01/2022 06/01/22 Price Changed $777,777 -12.6% $156 / Sq Ft
05/26/2022 05/26/22 For Sale $889,900 +59.8% $178 / Sq Ft
12/17/2013 12/17/13 Sold $557,000 -7.2% $158 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $599,900 -- $170 / 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 $6,398 $166,700 $25,200 $141,500
2023 $5,693 $166,700 $25,200 $141,500
2022 $5,732 $166,700 $25,200 $141,500
2021 $5,728 $166,700 $25,200 $141,500
2020 $0 $166,700 $25,200 $141,500
2019 $56 $166,700 $25,200 $141,500
2018 $50 $166,700 $25,200 $141,500
2017 $5,302 $166,700 $25,200 $141,500
2016 $5,302 $166,700 $25,200 $141,500
2015 -- $166,700 $25,200 $141,500
2014 $4,648 $166,700 $25,200 $141,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2024094

Bright MLS

APN: 08-018.20-054