NOT LISTED FOR SALE

40 Raphael Rd Hockessin, DE 19707

Estimated Value: $654,000 - $783,000

4 Beds
2.5 Baths
2,975 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $555,000 $187 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,166/month

6 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Contemporary Architecture
  • Dupont (H.B.) Middle School Rated A
  • Deck
  • Private Lot

About This Home

As of July 2023

This stunning contemporary home sits on over a half-acre property in the highly sought-after community of Bella Vista. Highlights include vaulted ceilings and skylights, exposed beams, an open living & dining space with two-story family room, a gorgeous screened porch and patio, a flexible floorplan, and a bright & cheery feel throughout. All of this, tucked amidst nature with a peaceful and private setting to enjoy year-round. Step inside to the foyer and first open living space with a vaulted ceiling and an open view out to the screened porch. Flow into the spacious kitchen with plenty of counter and cabinet space, a separate desk or coffee bar area and the adjoining dining room; ideal for gathering and entertaining. The gorgeous 2-story family room will WOW you with floor-to-ceiling windows and wood-burning insert fireplace for those chilly months. On this level, you will also find a bonus room off the foyer with a vaulted ceiling and wet bar, which could easily host a home theatre, gaming room, rec room, office, or a first-floor Primary Bedroom, if you so desire. This home’s outdoor setting is just one of its best features. You will spend every moment possible in the soothing screened porch and patio with hot tub surrounded by nature to relax, read, dine, and entertain with your private tree-lined view for years to come. Back inside on the main level are three bedrooms and a full bath with dual vanity, a powder room for guests, and a perfectly-placed and equipped laundry room just off the kitchen. Upstairs, you will find the Primary Suite with vaulted ceiling, large walk-in closet with built-in shelving and en-suite bath with dual vanity. A partial basement offers plenty of space for storage or extra living space in the future, should your needs require it, and bonus features of this home include an oversized driveway, option for electric car charging in the garage, solar energy panels supplying 33% of your total electric annually, and a 22kw propane generator which can supply power to the whole house in case of a power outage. An ideal Hockessin location, this home is tucked within Bella Vista, yet situated in the heart of Hockessin and within the Red Clay School District. Be sure to view the virtual tour & floorplans and schedule a showing today!

Last Agent to Sell the Property

Michael McKee

(610) 247-9154 mmckee@mkgre.com Long & Foster Real Estate, Inc. License #RS-0022204 Listed on: 05/31/2023

Long & Foster Real Estate, Inc.

Co-Listed By

Elizabeth McKee

(610) 420-1686 emckee@mkgre.com Long & Foster Real Estate, Inc. License #RS144210A

Last Buyer's Agent

Tammy Duering

(610) 306-2401 tammyduering1@gmail.com RE/MAX Excellence - Kennett Square License #RM425667

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,733

Year Built

  • Built in 1987

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 110.00 x 210.90
  • Landscaped
  • Private Lot
  • Level Lot
  • Back, Front, and Side Yard
  • Property is zoned NC21

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,975 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Vaulted Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Window Treatments
  • Casement Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Flood Lights
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower
  • Solar Tube

Laundry

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

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Sump Pump
  • Space For Rooms

Eco-Friendly Details

  • Cooling system powered by solar connected to the grid

Outdoor Features

  • Spa
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • 150 Amp Service
  • Electric Water Heater

Community Details

  • Bella Vista Subdivision

Listing and Financial Details

  • Tax Lot 079
  • Assessor Parcel Number 08-019.10-079

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,733

Year Built

Built in 1987

Lot Details

0

HOA Fees

$16 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: washer / dryer / refrigerator / hot tub (all AS IS no monetary value)
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Ceramic Tile, Concrete, Carpet, Hardwood, Wood
  • Interior Amenities: Attic, Breakfast Area, Ceiling Fan(s), Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Formal/Separate Dining Room, Primary Bath(s), Recessed Lighting, Skylight(s), Solar Tube(s), Stall Shower, Tub Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Casement, Screens, Skylights
  • Fireplace Features: Insert, Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings, Dry Wall, Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Recreation Room, Bathroom 1, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Partial, Interior Access, Space For Rooms, Sump Pump, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2975
  • Living Area Sq Ft: 2975
  • Price Per Sq Ft: 176.47
  • Above Grade Finished Sq Ft: 2975
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Exterior Lighting, Flood Lights, Hot Tub
  • Roof: Pitched, Shingle
  • 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
  • Parking Features: Asphalt Driveway, Private
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Solar On Grid, Whole House Fan
  • Electric Service: 150 Amps, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 186.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Front Yard, Landscaping, Level, Private, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.53
  • Lot Dimensions: 110.00 x 210.90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23087.00
  • Outdoor Living Structures: Deck(s), Enclosed, Patio(s)
  • Year Assessed: 2022
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3547.00
  • Tax Annual Amount: 4733.00
  • Assessor Parcel Number: 08-019.10-079
  • Tax Lot: 079
  • Tax Total Finished Sq Ft: 2975
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/14/2023

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 11, 2023
Sold by
Thomas A Foster Jr Living Trust
Bought by
Villani Philip and Villani Krista
Seller's Agent
Michael McKee
Long & Foster Real Estate, Inc.
Buyer's Agent
Tammy Duering
RE/MAX Excellence - Kennett Square
List Price
$525,000
Sold Price
$555,000
Premium/Discount to List
$30,000
5.71%
Views
218
Current Estimated Value
$696,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,260
Avg. Annual Appreciation
10.75%
Original Mortgage
$566,932
Outstanding Balance
$553,408
Interest Rate
6.79%
Mortgage Type
VA
Estimated Equity
$142,852

Purchase Details

Closed on
Jun 2, 2016
Sold by
Foster Thomas A
Bought by
Foster Thomas A and Thomas A Foster Jr Living Trust

Purchase Details

Closed on
May 23, 2011
Sold by
Foster Thomas A and Foster Susan M
Bought by
Foster Thomas A and Foster Revo M R
Source: Public Records

Range of Values:

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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
Villani Philip -- None Listed On Document
Foster Thomas A -- Attorney
Foster Thomas A -- None Available
Foster Thomas A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villani Philip $566,932
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $555,000 +5.7% $187 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $525,000 -- $176 / 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 $5,498 $143,500 $24,000 $119,500
2023 $4,376 $143,500 $24,000 $119,500
2022 $4,402 $143,500 $24,000 $119,500
2021 $4,497 $143,500 $24,000 $119,500
2020 $4,499 $143,500 $24,000 $119,500
2019 $4,620 $143,500 $24,000 $119,500
2018 $4,413 $143,500 $24,000 $119,500
2017 $4,356 $143,500 $24,000 $119,500
2016 $4,024 $143,500 $24,000 $119,500
2015 $3,752 $143,500 $24,000 $119,500
2014 $3,450 $143,500 $24,000 $119,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2043658

Bright MLS

APN: 08-019.10-079