NOT LISTED FOR SALE

503 Faraday Rd Hockessin, DE 19707

Estimated Value: $420,000 - $464,000

4 Beds
2.5 Baths
1,950 Sq Ft
$229/Sq Ft Est. Value

Last Sold December 02, 2024

Last sale price $470,000 $241 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,577/month

32 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Dupont (H.B.) Middle School Rated A
  • Stainless Steel Appliances
  • Patio

About This Home

As of December 2024

Charming Hockessin Colonial in Hickory Hills. This 4 Bedroom/2.5 Bath sits perfectly in a cul-de-sac with excellent curb appeal outside and beautiful hardwood floors throughout the inside. NO CARPET! The main level is well appointed with a bay window in the living room, separate dining room, eat-in kitchen with newer stainless steel appliances, gas range, neutral updated cabinetry and granite countertops. There's a kitchen pass through to the nice size family room with a skylight and sliders opening to a paver patio and flat backyard that is completely fenced in that backs to open green space. The laundry room completes the level with newer front load washer & dryer, ample shelving and a half bath. Upstairs you'll find ceiling fans in ALL 4 of the bedrooms. The primary bedroom is spacious with 3 closets plus a linen closet and bath with granite countertop vanity, walk-in glass door shower with tile to the ceiling and skylight. The remaining 3 bedrooms are all nice sizes and the hall full bath has a tub/shower with a dual sink granite top vanity. Attic access is in the upstairs hallway. The unfinished basement provides lots of storage space. NEW ROOF 2022! TANKLESS Water Heater 2015! This beautiful home is ready for its new owners to enjoy! Northwest corner of property is in flood zone. The house structure itself is not. Seller was not required at time of purchase in 2015 to have/obtain flood insurance. Please see Seller Disclosures pg. 8 for additional seller information.

Last Agent to Sell the Property

Jennifer Pipinos

(302) 983-1197 jpipinos@psre.com Patterson-Schwartz-Newark Listed on: 09/17/2024

Patterson-Schwartz-Newark

Last Buyer's Agent

Bobby Carter

(302) 747-0117 bobby@cartergroupchre.com Crown Homes Real Estate License #5020934

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,708

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Property is zoned NC10

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,950 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • Hickory Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0801330007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,708

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: Refrigerator, gas range, dishwasher, washer, dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater - Tankless
  • Flooring Type: Hardwood
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Family Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 258.97
  • Above Grade Finished Sq Ft: 1950
  • 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
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 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 Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13939.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: NC10
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2027.00
  • Tax Annual Amount: 2708.00
  • Assessor Parcel Number: 0801330007
  • Tax Year: 2024

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Dec 2, 2024
Sold by
Moloy Kenneth G
Bought by
Bushek Anthony and Nieves-Bushek Alycia N
Seller's Agent
Jennifer Pipinos
Patterson-Schwartz-Newark
Buyer's Agent
Bobby Carter
Crown Homes Real Estate
List Price
$505,000
Sold Price
$470,000
Premium/Discount to List
-$35,000
-6.93%
Views
171
Current Estimated Value
$447,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,660
Avg. Annual Appreciation
-4.82%
Original Mortgage
$356,000
Outstanding Balance
$353,063
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$94,277

Purchase Details

Listed on
Jun 25, 2015
Closed on
Sep 11, 2015
Sold by
Reverdito Vincent M and Reverdito Ronald G
Bought by
Moloy Kenneth G
Seller's Agent
Joseph Dawson
Patterson-Schwartz-Brandywine
Buyer's Agent
Beth Harvey
BHHS Fox & Roach-Greenville
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$236,250
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2014
Sold by
Hoinowski Jacqueline L and Estate Of Paul M Beattie
Bought by
Reverdito Vincent and Reverdito Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 22, 2003
Sold by
Beattie Paul M and Beattie Cheryl M
Bought by
Beattie Paul M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Bushek Anthony $390,000 None Listed On Document
Bushek Anthony $390,000 None Listed On Document
Moloy Kenneth G $315,000 None Available
Reverdito Vincent $175,000 None Available
Beattie Paul M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bushek Anthony $356,000
Closed Bushek Anthony $356,000
Previous Owner Moloy Kenneth G $236,250
Previous Owner Reverdito Vincent $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2024 12/02/24 Sold $470,000 -6.9% $241 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $505,000 0.0% $259 / Sq Ft
09/19/2024 09/19/24 Off Market $505,000 -- --
09/17/2024 09/17/24 For Sale $505,000 +60.3% $259 / Sq Ft
09/11/2015 09/11/15 Sold $315,000 -3.0% $162 / Sq Ft View Prior Sale
08/17/2015 08/17/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $324,900 0.0% $167 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $324,900 -- $167 / 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 $2,709 $70,700 $15,700 $55,000
2023 $2,402 $70,700 $15,700 $55,000
2022 $2,415 $70,700 $15,700 $55,000
2021 $2,413 $70,700 $15,700 $55,000
2020 $2,414 $70,700 $15,700 $55,000
2019 $2,603 $70,700 $15,700 $55,000
2018 $2,371 $70,700 $15,700 $55,000
2017 $2,343 $70,700 $15,700 $55,000
2016 $2,229 $70,700 $15,700 $55,000
2015 $2,095 $70,700 $15,700 $55,000
2014 $1,946 $70,700 $15,700 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2068312

Bright MLS

APN: 08-013.30-007