NOT LISTED FOR SALE

5 1/2 Larchmont Ct Hockessin, DE 19707

Estimated Value: $395,000 - $565,000

2 Acres
$230,020 Price per Acre
87,120 Sq Ft Lot

Last Sold August 19, 2021

Last sale price $343,000

Est. 34% increase in value since last sale

Current estimated payment $2,553/month

7 Days on Market

Highlights

  • View of Trees or Woods
  • 2 Acre Lot
  • No HOA
  • Dupont (H.B.) Middle School Rated A

About This Lot

As of August 2021

A picturesque setting for your future home build. This lot includes 2 acres of mostly open land in Hockessin. The back portion of your lot is wooded to preserve the wild life who roam the land. There is plenty of space to build your dream home, with no builder tie in. This land is located in a quiet cul-de-sac community of Larchmont right off of Sharpless Road, in the heart of Hockessin. Septic and Well would need to be placed on the lot with the home. Please do not walk the land without an appointment accompanied by a Broker/Agent.

Last Agent to Sell the Property

Brynn Williams

RE/MAX Associates-Hockessin License #RS-0020813 Listed on: 05/14/2021

RE/MAX Associates-Hockessin

Co-Listed By

Charlene Williams

RE/MAX Associates-Hockessin License #RS222618L

Last Buyer's Agent

Peter Meyer

Meyer & Meyer Realty License #RB-0003304

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $496

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 70.00 x 300.00
  • Property is zoned SE

Property Views

  • Views of Woods

Community Details

  • No Home Owners Association
  • Larchmont Subdivision

Listing and Financial Details

  • Tax Lot 257
  • Assessor Parcel Number 08-004.00-257

Property Details

Property Type

Land

Est. Annual Taxes

$496

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: A picturesque setting for your future home build. This lot includes 2 acres of mostly open land in Hockessin. The back portion of your lot is wooded to preserve the wild life who roam the land. There is plenty of space to build your dream home, with no builder tie in. This land is located in a quiet cul-de-sac community of Larchmont right off of Sharpless Road, in the heart of Hockessin. Septic and Well would need to be placed on the lot with the home. Please do not walk the land without an appointment accompanied by a Broker/Agent.
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 4.02
  • Street Number Modifier: 5

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.00
  • Lot Dimensions: 70.00 x 300.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Possible Use: Residential
  • Year Assessed: 2020
  • Zoning: SE
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2264421
  • School Tax: 372.00
  • Tax Annual Amount: 496.00
  • Assessor Parcel Number: 08-004.00-257
  • Tax Lot: 257
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/19/2021

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Aug 19, 2021
Sold by
Teal James L and Teal Carol A
Bought by
Izzat Emin
Seller's Agent
Brynn Williams
RE/MAX Associates-Hockessin
Buyer's Agent
Peter Meyer
Meyer & Meyer Realty
List Price
$350,000
Sold Price
$343,000
Premium/Discount to List
-$7,000
-2%
Current Estimated Value
$460,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,040
Avg. Annual Appreciation
9.08%
Original Mortgage
$240,100
Outstanding Balance
$190,788
Interest Rate
2.55%
Mortgage Type
New Conventional
Estimated Equity
$294,389

Purchase Details

Closed on
Dec 17, 2010
Sold by
Yorklyn Se Properties Llc
Bought by
Jgr Llc

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
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 1, 1985
Bought by
Teal James L and Teal Carol A
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
Izzat Emin $343,000 None Available
Jgr Llc $400,000 None Available
Teal James L $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Izzat Emin $240,100
Previous Owner Jgr Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $343,000 -2.0% --
05/21/2021 05/21/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $350,000 -- --
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 $554 $15,000 $15,000 $0
2023 $489 $15,000 $15,000 $0
2022 $495 $15,000 $15,000 $0
2021 $496 $15,000 $15,000 $0
2020 $496 $15,000 $15,000 $0
2019 $496 $15,000 $15,000 $0
2018 $486 $15,000 $15,000 $0
2017 $458 $15,000 $15,000 $0
2016 $458 $15,000 $15,000 $0
2015 $429 $15,000 $15,000 $0
2014 $397 $15,000 $15,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Brynn Williams

    Seller's Agent in 2021

    Brynn Williams

    RE/MAX

    (302) 668-0367

    10 in this area

    100 Total Sales

    Section Image
  • Charlene Williams

    Seller Co-Listing Agent in 2021

    Charlene Williams

    RE/MAX

    (302) 668-0367

    4 in this area

    67 Total Sales

    Section Image
  • Peter Meyer

    Buyer's Agent in 2021

    Peter Meyer

    Meyer & Meyer Realty

    (302) 218-2790

    2 in this area

    136 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DENC526576

Bright MLS

APN: 08-004.00-257

Delaware New Castle County Hockessin 19707

5 1/2 Larchmont Ct, Hockessin, DE

This home is located at 5 1/2 Larchmont Ct, Hockessin, DE 19707 since 14 May 2021 and is currently estimated at $460,040. 5 1/2 Larchmont Ct is a home located in New Castle County with nearby schools including Dupont (H.B.) Middle School, Alexis I. du Pont High School, and Sanford School.

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