NOT LISTED FOR SALE

501 Faraday Rd Hockessin, DE 19707

Estimated Value: $467,707 - $523,000

4 Beds
2.5 Baths
2,150 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $315,000 $147 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,998/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Dupont (H.B.) Middle School Rated A
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of November 2018

Awesome new listing in the highly sought after community of Hickory Hill. This home has all the updates completed and all you have to do is pack and move right in! Inside the home you will find an updated Kitchen with an abundance of beautiful white cabinets and Corian Countertops, a nice size pantry, a stainless steel refrigerator, and plenty of counter space for all your prepping needs. The Great Room and Dining Room are adjacent to the Kitchen which makes entertaining a cinch. The Great Room features a vaulted ceiling and two (yes two) sets of sliding glass doors to the generous size front deck. The Dining Room features plenty of room for serving your guest and another sliding glass door to the rear deck (24x16) that offers even more room for entertaining. The Main Level also offers A Master Bedroom with a nice size closet and a separate Master Bath with a tile floor. There are also two other generous size bedrooms with another full bath on this level. The entire main floor (with the exception of the bathrooms) features gorgeous hardwood floors. On the lower level you will find a large Family Room with a wood burning fireplace and a sliding glass door to the rear patio and back yard. There is also another bedroom on this level that is currently being used as a work out room. The Laundry Room and a half bath are also on the lower level. Outside the home you will find a premium lot with lots of mature landscaping. This breathtaking lot is also partially wooded, has a visible stream nearby and is located in a cup de sac. The lot is already fenced and has an access door to the wooded area and side yard. The 2 car garage is oversized (20x24) and offers plenty of room for your cars and storage needs. All of this and conveniently located within walking distance to multiple parks, restaurants, public transportation, shopping, recreation centers, library, and backgrounds. It doesn't get any better than this. Make your appointment to see this gorgeous home today;you will be glad you did!

Last Agent to Sell the Property

Junie Seward

RE/MAX Associates - Newark Listed on: 09/21/2018

RE/MAX Associates - Newark

Last Buyer's Agent

Andrea Harrington

Compass License #RA-0020228

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,527

Year Built

  • Built in 1970

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 63x146
  • Cul-De-Sac
  • East Facing Home
  • Property is zoned NC10

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Split Level Home
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,150 Sq Ft Home
  • Ceiling Fan
  • Brick Fireplace
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level

Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • Hickory Hills Subdivision

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number 08-013.30-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,527

Year Built

Built in 1970

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Remarks Public: Awesome new listing in the highly sought after community of Hickory Hill. This home has all the updates completed and all you have to do is pack and move right in! Inside the home you will find an updated Kitchen with an abundance of beautiful white cabinets and Corian Countertops, a nice size pantry, a stainless steel refrigerator, and plenty of counter space for all your prepping needs. The Great Room and Dining Room are adjacent to the Kitchen which makes entertaining a cinch. The Great Room features a vaulted ceiling and two (yes two) sets of sliding glass doors to the generous size front deck. The Dining Room features plenty of room for serving your guest and another sliding glass door to the rear deck (24x16) that offers even more room for entertaining. The Main Level also offers A Master Bedroom with a nice size closet and a separate Master Bath with a tile floor. There are also two other generous size bedrooms with another full bath on this level. The entire main floor (with the exception of the bathrooms) features gorgeous hardwood floors. On the lower level you will find a large Family Room with a wood burning fireplace and a sliding glass door to the rear patio and back yard. There is also another bedroom on this level that is currently being used as a work out room. The Laundry Room and a half bath are also on the lower level. Outside the home you will find a premium lot with lots of mature landscaping. This breathtaking lot is also partially wooded, has a visible stream nearby and is located in a cup de sac. The lot is already fenced and has an access door to the wooded area and side yard. The 2 car garage is oversized (20x24) and offers plenty of room for your cars and storage needs. All of this and conveniently located within walking distance to multiple parks, restaurants, public transportation, shopping, recreation centers, library, and backgrounds. It doesn't get any better than this. Make your appointment to see this gorgeous home today;you will be glad you did!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: Other
  • 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
  • Living Area Units: Square Feet
  • Total Sq Ft: 2150
  • Living Area Sq Ft: 2150
  • Net Sq Ft: 2150.00
  • Price Per Sq Ft: 146.51
  • Above Grade Finished Sq Ft: 2150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 62000.00
  • Land Assessed Value: 17000.00
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.54
  • Lot Dimensions: 63X146
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23522.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: NC10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2267132
  • Tax Annual Amount: 2527.00
  • Assessor Parcel Number: 08-013.30-008
  • Tax Lot: 008
  • Tax Year: 2017
  • Close Date: 11/02/2018

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Oct 31, 2018
Sold by
Phillips Christopher M and Wright Alison M
Bought by
Patrick Jesse M and Patrick Morgan M
Seller's Agent
Junie Seward
RE/MAX Associates - Newark
Buyer's Agent
Andrea Harrington
Compass
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$492,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,177
Avg. Annual Appreciation
6.85%
Original Mortgage
$309,294
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 5, 2014
Closed on
Feb 20, 2015
Sold by
Russell George W and Russell Grece
Bought by
Phillips Christopher M and Wright Alison M
Seller's Agent
John Sanders
Tesla Realty Group, LLC
Buyer's Agent
Junie Seward
RE/MAX Associates - Newark
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%
Original Mortgage
$261,000
Interest Rate
3.74%
Mortgage Type
New Conventional
Source: Public Records

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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
Patrick Jesse M -- None Available
Phillips Christopher M $217,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patrick Jesse M $312,800
Closed Patrick Jesse M $311,733
Closed Patrick Jesse M $309,294
Previous Owner Phillips Christopher M $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $315,000 0.0% $147 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $315,000 +8.6% $147 / Sq Ft
02/20/2015 02/20/15 Sold $290,000 -3.3% $135 / Sq Ft
12/24/2014 12/24/14 Pending -- -- --
11/05/2014 11/05/14 For Sale $299,900 -- $139 / 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 $3,027 $79,000 $17,000 $62,000
2023 $2,684 $79,000 $17,000 $62,000
2022 $2,699 $79,000 $17,000 $62,000
2021 $2,696 $79,000 $17,000 $62,000
2020 $2,697 $79,000 $17,000 $62,000
2019 $2,834 $79,000 $17,000 $62,000
2018 $161 $79,000 $17,000 $62,000
2017 $2,491 $79,000 $17,000 $62,000
2016 $2,491 $79,000 $17,000 $62,000
2015 $2,255 $76,100 $17,000 $59,100
2014 $2,095 $76,100 $17,000 $59,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1006146092

Bright MLS

APN: 08-013.30-008