$290,000
SOLD FEB 20, 2015

501 Faraday Rd Hockessin, DE 19707

4 Beds
2.5 Baths
2,150 Sq Ft
0.54 Acres

Recently Sold

$135 Per Sq Ft

3% Below List Price

49 Days on Market

Highlights

  • Water Oriented
  • Deck
  • Raised Ranch Architecture
  • Dupont (H.B.) Middle School Rated A
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of November 2018

Charming four bedroom 2.5 bath., all hardwood floors(upper level), bi-level two-car oversized garage, large bedrooms, on a level, scenic, partly wooded back yard, with nearby stream visible. Professionally seasonally landscaped. Large 24' x 16'rear 2nd story deck looking over woods and stream, plus large variety of wild, blooming flowers. Professionally upgraded front porch, steps, driveway retainer wall. Whole house air cooling system. Walking distance to multiple parks, ballgrounds, restaurants, library, prayer centers, spas, indoor recreation centers, public transportation, and shopping. Home has been lovingly and continuously updated, including kitchen with Corian countertops, and bathrooms. Floored attic via pull-down stairs, for add'l storage. Workshop in garage. 4th bedroom(lower level) was converted to an office/study, and can be reconverted back, if desired.

Last Agent to Sell the Property

John Sanders

Tesla Realty Group, LLC License #R3-0015517 Listed on: 11/05/2014

Tesla Realty Group, LLC

Last Buyer's Agent

Junie Seward

RE/MAX Associates - Newark

RE/MAX Associates - Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,015

Year Built

  • Built in 1970 | Remodeled in 2012

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 63x146
  • Creek or Stream
  • Cul-De-Sac
  • East Facing Home
  • Level Lot
  • Open Lot
  • Irregular Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned NC10

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Raised Ranch Architecture
  • Rambler Architecture
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,150 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Brick Fireplace
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Attic Fan
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level

Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Water Oriented
  • Deck
  • Patio
  • Porch

Location

  • Property is near a creek

Schools

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

Utilities

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

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

$2,015

Year Built

Built in 1970 | Remodeled in 2012

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Applances All Negotiable
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1970
  • Year Renovated: 2012
  • Remarks Public: Charming four bedroom 2.5 bath., all hardwood floors(upper level), bi-level two-car oversized garage, large bedrooms, on a level, scenic, partly wooded back yard, with nearby stream visible. Professionally seasonally landscaped. Large 24' x 16'rear 2nd story deck looking over woods and stream, plus large variety of wild, blooming flowers. Professionally upgraded front porch, steps, driveway retainer wall. Whole house air cooling system. Walking distance to multiple parks, ballgrounds, restaurants, library, prayer centers, spas, indoor recreation centers, public transportation, and shopping. Home has been lovingly and continuously updated, including kitchen with Corian countertops, and bathrooms. Floored attic via pull-down stairs, for add'l storage. Workshop in garage. 4th bedroom(lower level) was converted to an office/study, and can be reconverted back, if desired.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Attic/House Fan, Stall Shower, Kitchen - Eat-In
  • Window Features: Energy Efficient, Replacement
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Slab
  • 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
  • Total Sq Ft: 2150
  • Living Area Sq Ft: 2150
  • Net Sq Ft: 2150.00
  • Price Per Sq Ft: 139.49
  • 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
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stucco
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • 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
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: BRANDYWINE SPRINGS SCHOOL
  • Middle School: HENRY B. DU PONT
  • High School: ALEXIS I. DUPONT
  • School District Key: 300200396545
  • Elementary School: BRANDYWINE SPRINGS SCHOOL
  • High School: ALEXIS I. DUPONT
  • Middle Or Junior School: HENRY B. DU PONT

Green Features

  • Efficiency: Appliances
  • Green Remarks: Tyvek wrapped exterior, energy efficient windows and sliders. Average annual energy costs available upon request.

Lot Info

  • Improvement Assessed Value: 59100.00
  • Land Assessed Value: 17000.00
  • Lot Features: Cul-De-Sac, Irregular, Level, Open, Trees/Wooded, Front Yard, Rear Yard, Sideyard(s)
  • 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), Porch(es)
  • Property Condition: Good
  • Zoning: NC10

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2267132
  • Tax Annual Amount: 2015.00
  • Assessor Parcel Number: 08-013.30-008
  • Tax Lot: 008
  • Tax Year: 2014
  • Close Date: 02/20/2015

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

Range of Values:

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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 Type Sale Price Title Company
Deed -- None Available
Deed $217,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $312,800 New Conventional
Closed $311,733 FHA
Closed $309,294 FHA
Previous Owner $261,000 New Conventional
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: 1003144078

Bright MLS

APN: 08-013.30-008