NOT LISTED FOR SALE

Estimated Value: $932,000 - $1,232,000

4 Beds
2.5 Baths
2,950 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $475,000 $161 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $6,727/month

242 Days on Market

Highlights

  • 0.61 Acre Lot
  • Colonial Architecture
  • 1 Fireplace
  • Pierre S. Dupont Middle School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of August 2016

Stone Colonial Circa 1943 backing to Rockwood Park and Rockwood Museum lived in by the Bancroft Family. Impressive stone wall separates the home and the expansive front lot from Rockwood Road. This home located in NORTH WILMINGTON, surrounded by HIGH END HOMES, will be spectacular with certain renovations completed. NEW PRICE SAYS THAT THE SELLERS ARE READY TO MOVE ON. Two building lots included -subdivided in 2015 - each approx. 3/4 acre. Home Parcel Number: (06-130.00-006 - Taxes $4.340.09). Lot Parcel Number: (06-130.00-006 - Taxes $483.56). Lot Parcel Number: (0613000407 - Taxes $480.51). Make it the Buy of the New Year. Correct address is: 503,503A and 505 Rockwood Road HOME BEING SOLD IN "AS IS" condition. This is because of aggressive price: not because of condition of home.

Last Agent to Sell the Property

Mary Beth Adelman

RE/MAX Associates-Wilmington License #RS-313507 Listed on: 12/04/2015

RE/MAX Associates-Wilmington

Co-Listed By

Joseph Berchock

RE/MAX Associates - Newark License #RS-0009070

Last Buyer's Agent

Francis Gilson

RE/MAX Associates - Newark

RE/MAX Associates - Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,349

Year Built

  • Built in 1943

Lot Details

  • 0.61 Acre Lot
  • Property is zoned NC15

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 2,950 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2.5 Bathrooms

Outdoor Features

  • Patio

Schools

  • Carrcroft Elementary School
  • Dupont Middle School
  • Mount Pleasant High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number 06-130.00-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,349

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: 2 Ref, Micro,W/D, Ceiling Fans, Existing Items
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1943
  • Remarks Public: Stone Colonial Circa 1943 backing to Rockwood Park and Rockwood Museum lived in by the Bancroft Family. Impressive stone wall separates the home and the expansive front lot from Rockwood Road. This home located in NORTH WILMINGTON, surrounded by HIGH END HOMES, will be spectacular with certain renovations completed. NEW PRICE SAYS THAT THE SELLERS ARE READY TO MOVE ON. Two building lots included -subdivided in 2015 - each approx. 3/4 acre. Home Parcel Number: (06-130.00-006 - Taxes $4.340.09). Lot Parcel Number: (06-130.00-006 - Taxes $483.56). Lot Parcel Number: (0613000407 - Taxes $480.51). Make it the Buy of the New Year. Correct address is: 503,503A and 505 Rockwood Road HOME BEING SOLD IN "AS IS" condition. This is because of aggressive price: not because of condition of home.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2950
  • Living Area Sq Ft: 2950
  • Net Sq Ft: 2950.00
  • Price Per Sq Ft: 177.97
  • Above Grade Finished Sq Ft: 2950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503-505

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Construction Completed: No
  • Roof: 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
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: BRANDYWINE
  • Elementary School: CARRCROFT
  • Middle School: DUPONT
  • High School: MOUNT PLEASANT
  • School District Key: 300200396892
  • Elementary School: CARRCROFT
  • High School: MOUNT PLEASANT
  • Middle Or Junior School: DUPONT

Lot Info

  • Improvement Assessed Value: 116500.00
  • Land Assessed Value: 25600.00
  • Lot Size Acres: 0.61
  • Lot Dimensions: .61
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26572.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: NC15

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2244801
  • Tax Annual Amount: 4349.00
  • Assessor Parcel Number: 06-130.00-006
  • Tax Lot: 006
  • Tax Year: 2015
  • Close Date: 08/30/2016

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Aug 30, 2016
Sold by
Herndon Randolph K and Herndon Christie L
Bought by
Ditomo John P and Ditomo Jennifer H
Seller's Agent
Mary Beth Adelman
RE/MAX Associates-Wilmington
Buyer's Agent
Francis Gilson
RE/MAX Associates - Newark
List Price
$650,000
Sold Price
$475,000
Premium/Discount to List
-$175,000
-26.92%
Current Estimated Value
$1,098,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,850
Avg. Annual Appreciation
9.74%

Purchase Details

Closed on
Jan 29, 2010
Sold by
Genua Shanley Peter J and Genua Shanley Deanna
Bought by
Herndon Randolph K and Herndon Christie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,800
Interest Rate
5.12%
Mortgage Type
Credit Line Revolving
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
Ditomo John P -- None Available
Herndon Randolph K $602,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ditomo John P $854,905
Previous Owner Herndon Randolph K $409,200
Previous Owner Herndon Randolph K $62,800
Previous Owner Herndon Randolph K $417,000
Previous Owner Herndon Randolph K $64,600
Previous Owner Shanley Peter J $790,000
Previous Owner Shanley Peter J $451,000
Previous Owner Shanley Peter J $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $475,000 -9.5% $161 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
03/18/2016 03/18/16 Price Changed $525,000 -11.8% $178 / Sq Ft
12/29/2015 12/29/15 Price Changed $595,000 -8.5% $202 / Sq Ft
12/04/2015 12/04/15 For Sale $650,000 -- $220 / 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 $9,434 $247,900 $35,900 $212,000
2023 $8,622 $247,900 $35,900 $212,000
2022 $8,770 $247,900 $35,900 $212,000
2021 $8,769 $247,900 $35,900 $212,000
2020 $5,257 $247,900 $35,900 $212,000
2019 $5,787 $247,500 $35,900 $211,600
2018 $5,153 $163,200 $35,900 $127,300
2017 $5,073 $152,400 $35,900 $116,500
2016 $4,727 $142,100 $25,600 $116,500
2015 $4,349 $142,100 $25,600 $116,500
2014 $4,714 $154,100 $37,600 $116,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002747004

Bright MLS

APN: 06-130.00-006