NOT LISTED FOR SALE

245 Peoples Way Hockessin, DE 19707

Estimated Value: $915,000 - $1,084,000

4 Beds
5 Baths
5,400 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $730,000 $135 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,151/month

20 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Dual Staircase
  • Recreation Room
  • North Star Elementary School Rated A
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of January 2021

Welcome to 245 Peoples Way in the highly sought after community of Hockessin Valley Falls. This custom built, brick colonial sits on 0.75 acres and has been lovingly maintained by its original owners. From the moment you step foot through the front door you will notice that no detail was left out when designing this home. From the beautiful two story foyer with a turned staircase, the custom crown moulding, to the gleaming hardwood floors throughout the entire first floor, this is truly a one of a kind home. To the left of the foyer is the formal living room with gas fireplace with mantel, built-in shelving and recessed lighting. To the right of the foyer you will find beautiful French doors leading to the office or study. Continue into the kitchen which features granite countertops, custom 42" cabinetry, an oversized two-tier Island, including a gas range and plenty of lower cabinet storage. There is also a built in workstation and large pantry beside it. The breakfast area off of the kitchen has a gas fireplace with built in bookshelves on either side. French doors from the breakfast area lead you out to the four seasons sunroom with tile floors and loads of natural light. Also off of the kitchen is the formal dining room with another set of French doors that takes you out to concrete patio with beautiful brick pillars and built in lighting. Make your way out of the kitchen and into the beautiful family room with brick gas fireplace, custom wood bookshelves, wet bar with granite countertop, pendant lighting, sink and mini refrigerator. The main floor also offers a powder room and laundry room/mudroom with convenient access to the back patio. As you make your way up one the two staircases, you are met with double doors leading to the primary bedroom suite that features vaulted ceilings, a custom designed walk-in closet, luxurious bathroom with double granite vanity, whirlpool jetted soaking tub, oversized glass enclosed tiled shower and heated floors, adjacent office with access to private balcony with Trex decking. The upstairs also hosts three additional spacious bedrooms, two full bathrooms, and has access to a walk up attic that is great for extra storage or could be finished if desired. The lower lever has over 1000 square feet of finished living space currently being used as a media/game room and has an additional half bathroom and has direct access to the three car heated garage. Other amenities include security and intercom systems, hard wired speaker system throughout the first floor and upgraded exterior lighting.

Last Agent to Sell the Property

Andrew White

Compass License #RS-325050 Listed on: 11/30/2020

Compass

Co-Listed By

Alicia Fox

Compass License #RS-0019602

Last Buyer's Agent

Judy Chen

BHHS Fox & Roach - Hockessin License #RS362602

BHHS Fox & Roach - Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,862

Year Built

  • Built in 1994

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 150.70 x 228.20
  • Property is in excellent condition
  • Property is zoned NC21

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 5 Driveway Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,400 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Dual Staircase
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Exterior Lighting

Utilities

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

Community Details

  • Association fees include snow removal
  • Hockessin Valley Falls Civic Association
  • Hockessin Valley F Subdivision

Listing and Financial Details

  • Tax Lot 084
  • Assessor Parcel Number 08-018.20-084

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,862

Year Built

Built in 1994

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Refrigerator in basement, wood bench in basement, black shelving in basement
  • Inclusions: Some furniture is negotiable, all appliances, window treatments, TV in master bedroom, mini refrigerator in wet bar, black throw rugs in foyer, game room pool table, pool table equipment, storage cabinets & mounted speakers
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 245 Peoples Way in the highly sought after community of Hockessin Valley Falls. This custom built, brick colonial sits on 0.75 acres and has been lovingly maintained by its original owners. From the moment you step foot through the front door you will notice that no detail was left out when designing this home. From the beautiful two story foyer with a turned staircase, the custom crown moulding, to the gleaming hardwood floors throughout the entire first floor, this is truly a one of a kind home. To the left of the foyer is the formal living room with gas fireplace with mantel, built-in shelving and recessed lighting. To the right of the foyer you will find beautiful French doors leading to the office or study. Continue into the kitchen which features granite countertops, custom 42" cabinetry, an oversized two-tier Island, including a gas range and plenty of lower cabinet storage. There is also a built in workstation and large pantry beside it. The breakfast area off of the kitchen has a gas fireplace with built in bookshelves on either side. French doors from the breakfast area lead you out to the four seasons sunroom with tile floors and loads of natural light. Also off of the kitchen is the formal dining room with another set of French doors that takes you out to concrete patio with beautiful brick pillars and built in lighting. Make your way out of the kitchen and into the beautiful family room with brick gas fireplace, custom wood bookshelves, wet bar with granite countertop, pendant lighting, sink and mini refrigerator. The main floor also offers a powder room and laundry room/mudroom with convenient access to the back patio. As you make your way up one the two staircases, you are met with double doors leading to the primary bedroom suite that features vaulted ceilings, a custom designed walk-in closet, luxurious bathroom with double granite vanity, whirlpool jetted soaking tub, oversized glass enclosed tiled shower and heated floors, adjacent office with access to private balcony with Trex decking. The upstairs also hosts three additional spacious bedrooms, two full bathrooms, and has access to a walk up attic that is great for extra storage or could be finished if desired. The lower lever has over 1000 square feet of finished living space currently being used as a media/game room and has an additional half bathroom and has direct access to the three car heated garage. Other amenities include security and intercom systems, hard wired speaker system throughout the first floor and upgraded exterior lighting.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Disposal, Cooktop, Dryer, Icemaker, Oven - Wall, Refrigerator, Washer, Dishwasher, Water Heater
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Attic, Walk-In Closet(s), Carpet, Kitchen - Island, Primary Bath(s), Pantry, Wet/Dry Bar, Window Treatments, Intercom, Breakfast Area, Ceiling Fan(s), Chair Railings, Crown Moldings, Double/Dual Staircase, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Wainscotting, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Breakfast Room, Sun/Florida Room, Laundry, Office, Recreation Room, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 5400
  • Living Area Sq Ft: 5400
  • Price Per Sq Ft: 133.31
  • Above Grade Finished Sq Ft: 5400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 245

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 90.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal
  • HOA Name: HOCKESSIN VALLEY FALLS CIVIC ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 202900.00
  • Land Assessed Value: 25200.00
  • Lot Size Acres: 0.75
  • Lot Dimensions: 150.70 x 228.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32670.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2268650
  • School Tax: 5655.00
  • Tax Annual Amount: 7862.00
  • Assessor Parcel Number: 08-018.20-084
  • Tax Lot: 084
  • Tax Total Finished Sq Ft: 5400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/29/2021

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2020
Closed on
Jan 29, 2021
Sold by
Degliobizzi Joseph M and Degliobizzi Pamela E
Bought by
Li Xiang and Zhang Ning
Seller's Agent
Andrew White
Compass
Buyer's Agent
Judy Chen
BHHS Fox & Roach - Hockessin
List Price
$719,900
Sold Price
$730,000
Premium/Discount to List
$10,100
1.4%
Current Estimated Value
$993,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,370
Avg. Annual Appreciation
7.09%
Original Mortgage
$438,000
Outstanding Balance
$395,564
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$601,389

Purchase Details

Closed on
May 2, 1991
Bought by
Degliobizzi Joseph M and Degliobizzi Pamela
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Li Xiang -- None Available
Degliobizzi Joseph M $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Xiang $438,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $730,000 +1.4% $135 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $719,900 -- $133 / 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 $8,754 $228,100 $25,200 $202,900
2023 $7,790 $228,100 $25,200 $202,900
2022 $7,843 $228,100 $25,200 $202,900
2021 $7,862 $228,100 $25,200 $202,900
2020 $7,862 $228,100 $25,200 $202,900
2019 $8,159 $228,100 $25,200 $202,900
2018 $253 $228,100 $25,200 $202,900
2017 $7,255 $228,100 $25,200 $202,900
2016 $7,255 $228,100 $25,200 $202,900
2015 $6,815 $228,100 $25,200 $202,900
2014 $6,360 $228,100 $25,200 $202,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC517210

Bright MLS

APN: 08-018.20-084