NOT LISTED FOR SALE

409 Ridge Ln Hockessin, DE 19707

Estimated Value: $743,000 - $874,000

5 Beds
3.5 Baths
3,193 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 28, 2015

Last sale price $458,000 $143 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,595/month

323 Days on Market

Highlights

  • 2 Acre Lot
  • Cape Cod Architecture
  • Cathedral Ceiling
  • Dupont (H.B.) Middle School Rated A
  • Deck
  • Wood Flooring

About This Home

As of September 2015

Home is priced below appraised value. Beautifully maintained and in impeccable condition, this wonderfully inviting home provides a relaxing haven to return to at the end of the day. Resting on a serene 2 acre lot where ever-changing lush landscape surrounds the property and delights the eye. Large picture windows, skylights, and gorgeous hardwood floors throughout add to the appeal of the meticulously cared for interior. Spend time with family and friends by the handsome wood-burning brick fireplace in the family room. The adjoining eat-in kitchen is open to the family room and offers gleaming granite countertops, large center island, and ample cabinet space. Enjoy warm weather meals on the rear deck while you admire the picturesque setting. The main level also includes 3 bedrooms, one of which has an en-suite bathroom and could be used as a main level master or an in-law suite. The allure of this home continues to the upper level presenting a loft area with French doors that open to a sprawling master suite. Vaulted ceiling, skylights, walk-in cedar closet, and luxurious full bath complete the wonderfully private owner"s retreat. Not to be overlooked, the finished walk-out lower level offers plenty of living space that can accommodate a variety of needs. Conveniently located in Hockessin, just minutes from numerous restaurants, shops, and major access routes.

Last Agent to Sell the Property

Jan Patrick

(302) 202-9855 ashley.hess@compass.com Compass License #RS-0009488 Listed on: 09/04/2014

Compass

Last Buyer's Agent

Dennis Snavely

(302) 234-2500 dennisremax1@gmail.com RE/MAX Elite License #RS-0012292

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,852

Year Built

  • Built in 1959

Lot Details

  • 2 Acre Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned NC40

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Oversized Parking
  • Driveway
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 1.5 Levels
  • Cathedral Ceiling
  • Skylights
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Brandywine Springs Elementary School
  • Henry B. Du Pont Middle School
  • Alexis I. Dupont High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • Association fees include snow removal

Listing and Financial Details

  • Assessor Parcel Number 0800400123

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,852

Year Built

Built in 1959

Lot Details

2 Acres

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: See Inclusions / Exclusions Addendum
  • Inclusions: See Inclusions / Exclusions Addendum
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1959
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Double, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Skylight(s), Whirlpool/Hottub, Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Lower Floor

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Brick
  • Construction Completed: No
  • 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
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Garage Features: Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil, Bottled Gas/Propane
  • Heating Type: Oil, Propane, Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal
  • HOA: Yes

Schools

  • Elementary School: BRANDYWINE SPRINGS SCHOOL
  • High School: ALEXIS I. DUPONT
  • Middle Or Junior School: HENRY B. DU PONT

Lot Info

  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 2.00
  • Lot Dimensions: 0 X 0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: NC40

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2264291
  • Tax Annual Amount: 3852.00
  • Assessor Parcel Number: 0800400123
  • Tax Year: 2014

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2014
Closed on
Sep 28, 2015
Sold by
Hakes Russell A and Hakes Laraine G
Bought by
Kelsey Gilda M and Oliger Steven L
Seller's Agent
Jan Patrick
Compass
Buyer's Agent
Dennis Snavely
RE/MAX Elite
List Price
$573,000
Sold Price
$458,000
Premium/Discount to List
-$115,000
-20.07%
Current Estimated Value
$802,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,561
Avg. Annual Appreciation
5.51%
Original Mortgage
$70,000
Outstanding Balance
$55,243
Interest Rate
3.97%
Mortgage Type
Credit Line Revolving
Estimated Equity
$747,318
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kelsey Gilda M $458,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelsey Gilda M $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2015 09/28/15 Sold $458,000 -3.6% $143 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
07/15/2015 07/15/15 Price Changed $475,000 -5.0% $149 / Sq Ft
05/19/2015 05/19/15 Price Changed $499,900 -4.8% $157 / Sq Ft
02/13/2015 02/13/15 Price Changed $524,900 -4.5% $164 / Sq Ft
10/01/2014 10/01/14 Price Changed $549,900 -2.0% $172 / Sq Ft
09/15/2014 09/15/14 Price Changed $561,000 -2.1% $176 / Sq Ft
09/04/2014 09/04/14 For Sale $573,000 -- $179 / Sq Ft
Source: Bright MLS

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 $4,876 $145,500 $43,600 $101,900
2023 $4,243 $145,500 $43,600 $101,900
2022 $4,299 $145,500 $43,600 $101,900
2021 $4,607 $145,500 $43,600 $101,900
2020 $4,607 $145,500 $43,600 $101,900
2019 $4,607 $145,500 $43,600 $101,900
2018 $4,511 $145,500 $43,600 $101,900
2017 $4,254 $145,500 $43,600 $101,900
2016 $3,944 $145,500 $43,600 $101,900
2015 $3,664 $145,500 $43,600 $101,900
2014 $3,354 $145,500 $43,600 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003068478

Bright MLS

APN: 08-004.00-123

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