NOT LISTED FOR SALE

502 Faraday Rd Hockessin, DE 19707

Estimated Value: $457,000 - $470,000

4 Beds
2.5 Baths
1,900 Sq Ft
$244/Sq Ft Est. Value

Last Sold February 17, 2016

Last sale price $296,000 $156 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,658/month

73 Days on Market

Highlights

  • Water Oriented
  • Colonial Architecture
  • Wood Flooring
  • Dupont (H.B.) Middle School Rated A
  • Deck
  • Attic

About This Home

As of February 2016

This beautiful two story colonial sits on a private cul-de-sac in the back corner of the quiet neighborhood of Hickory Hill. This home is completely move-in ready with beautiful hardwood floors and updates throughout. It features a formal living room with wall to wall built in book cases and a dining room with stunning crown molding and trim work. Cooking for your family in the beautifully renovated eat-in kitchen will be a joy. It has been updated with tile backsplash, 42' cabinets, granite counter tops, and stainless steel appliances. The family room boosts a wood burning fireplace, a skylight, and sliding glass doors to a deck, with a peaceful view of the wooded back yard. Upstairs you'll find crown molding and meticulously decorated bedrooms, which leave plenty of room to relax and unwind. Both the guest bath and master bath have been updated. The master includes modern tile, a frameless shower, and trim work. You won't find a home with features like this one for such a great value anywhere in Hockessin! Come see for yourself!

Last Agent to Sell the Property

Diane Bacigalupi

(302) 563-6667 diane.bacigalupi@lnf.com Long & Foster Real Estate, Inc. Listed on: 09/29/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Anthony Klemanski

(302) 388-7357 anthony.klemanski@gmail.com BHHS Fox & Roach-Greenville License #R3-0016613

BHHS Fox & Roach-Greenville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,172

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 80x132
  • Creek or Stream
  • Cul-De-Sac
  • Property is in good condition
  • Property is zoned NC10

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Water Oriented
  • Deck

Location

  • Property is near creek

Schools

  • Alexis I. Dupont High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, snow removal
  • Hickory Hills Subdivision

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 08-013.30-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,172

Year Built

Built in 1970

Lot Details

0

HOA Fees

$4 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Frig
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Skylight(s), Ceiling Fan(s), Attic/House Fan, Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Net Sq Ft: 1900.00
  • Price Per Sq Ft: 157.89
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Asbestos
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Street
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Underground, 100 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 Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes

Schools

  • High School: ALEXIS I. DUPONT

Lot Info

  • Improvement Assessed Value: 60300.00
  • Land Assessed Value: 15600.00
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.32
  • Lot Dimensions: 80X132
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13939.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: NC10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2267134
  • Tax Annual Amount: 2172.00
  • Assessor Parcel Number: 08-013.30-010
  • Tax Lot: 010
  • Tax Year: 2015

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2016
Sold by
Mix Lindsey K
Bought by
Shanahan Bart J and Shanahan Katherine D
Current Estimated Value
$464,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,638
Outstanding Balance
$232,044
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$232,295

Purchase Details

Closed on
Mar 25, 2011
Sold by
Arnold Lindsey K and Mix Lindsey K
Bought by
Mix Lindsey K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2008
Sold by
Hansen Bryan and Hansen Amanda Church
Bought by
Arnold Lindsey K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2004
Sold by
Hammer Thomas and Pizzala Barbara M
Bought by
Hansen Bryan and Church Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Shanahan Bart J $296,000 None Available
Mix Lindsey K -- None Available
Arnold Lindsey K $305,000 None Available
Hansen Bryan $265,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanahan Bart J $290,638
Previous Owner Mix Lindsey K $280,250
Previous Owner Arnold Lindsey K $289,750
Previous Owner Hansen Bryan $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2016 02/17/16 Sold $296,000 -1.3% $156 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
12/11/2015 12/11/15 For Sale $300,000 0.0% $158 / Sq Ft
10/26/2015 10/26/15 Price Changed $300,000 -4.8% $158 / Sq Ft
09/29/2015 09/29/15 For Sale $315,000 -- $166 / 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 $2,908 $75,900 $15,600 $60,300
2023 $2,579 $75,900 $15,600 $60,300
2022 $2,593 $75,900 $15,600 $60,300
2021 $2,590 $75,900 $15,600 $60,300
2020 $2,591 $75,900 $15,600 $60,300
2019 $2,819 $75,900 $15,600 $60,300
2018 $2,546 $75,900 $15,600 $60,300
2017 $2,516 $75,900 $15,600 $60,300
2016 $2,393 $75,900 $15,600 $60,300
2015 $2,249 $75,900 $15,600 $60,300
2014 $2,089 $75,900 $15,600 $60,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002709058

Bright MLS

APN: 08-013.30-010