NOT LISTED FOR SALE

504 Beech Tree Ln Hockessin, DE 19707

Estimated Value: $387,000 - $567,157

3 Beds
3.5 Baths
3,235 Sq Ft
$147/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $410,000 $127 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,059/month

5 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Porch
  • Dupont (H.B.) Middle School Rated A
  • 1 Car Detached Garage
  • Living Room

About This Home

As of April 2023

Beautiful and spacious townhouse in the popular Gateway Townhome Community. This lovely 3 Bedroom, 3.1 Bath home has been meticulously maintained and updated throughout. Gorgeous bamboo flooring greets you in the entry and extends through the large Dining and Living Rooms-perfect for entertaining. The recently renovated Kitchen has granite countertops, plenty of white cabinets, convenient Breakfast Area and a window cut-out overlooking the open-concept Living and Dining rooms. The Living Room has a wood burning Fireplace and two sets of sliders leading to the rear deck. The updated first floor powder room completes the main floor. Upstairs you will find 2 large Bedrooms- all with their own full updated Bathrooms plus the Washer/Dryer area conveniently located in the hall closet/utility area. On the 3rd level is a large Bedroom with vaulted ceilings, windows galore, 2 skylights, and tons of closet space. All 3 Bedrooms are en-suite and perfect for privacy and space; each is large enough to be the primary BR. The updated Bathrooms boast ceramic tile, pretty vanities and lighting. The Lower Level has a finished room- perfect for a Family Room, Rec Room, Office or Exercise area plus an unfinished area for storage. Enjoy the outside on the private, large, rear deck with steps to the rear yard with appealing landscaping. The detached garage, lower level unfinished area and wall to wall BR closets afford an abundance of storage options. This immaculate home has been updated with new Roof and Skylights (2019); new HVAC (2017); New hot water heater; flooring; Baths and Kitchen updates and Smart Ecobee Thermostat. Walking distance to parks, shopping and restaurants, this popular neighborhood is also located in the award winning Red Clay School DIstrict. This is the one you've been looking for!

Last Agent to Sell the Property

Kathleen Eddins

Patterson-Schwartz-Hockessin License #RS-296880 Listed on: 03/02/2023

Patterson-Schwartz-Hockessin

Co-Listed By

Linda Hanna

Patterson-Schwartz-Hockessin License #RS307525

Last Buyer's Agent

Julie Spagnolo

Northrop Realty License #R3-0020874

Northrop Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,986

Year Built

  • Built in 1988

Lot Details

  • 2,178 Sq Ft Lot
  • Back and Front Yard

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Block Foundation
  • Wood Siding
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, lawn maintenance, snow removal
  • Gateway Townhomes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0800740128

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,986

Year Built

Built in 1988

Lot Details

0

HOA Fees

$183 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary, Traditional
  • Ownership: Fee Simple
  • Exclusions: Draperies, Curtain Rods, Basement & Garage Freezers, LR TV Bracket
  • Inclusions: Refrigerator, Washer, Dryer, Water Softener (All appliances As Is)
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful and spacious townhouse in the popular Gateway Townhome Community. This lovely 3 Bedroom, 3.1 Bath home has been meticulously maintained and updated throughout. Gorgeous bamboo flooring greets you in the entry and extends through the large Dining and Living Rooms-perfect for entertaining. The recently renovated Kitchen has granite countertops, plenty of white cabinets, convenient Breakfast Area and a window cut-out overlooking the open-concept Living and Dining rooms. The Living Room has a wood burning Fireplace and two sets of sliders leading to the rear deck. The updated first floor powder room completes the main floor. Upstairs you will find 2 large Bedrooms- all with their own full updated Bathrooms plus the Washer/Dryer area conveniently located in the hall closet/utility area. On the 3rd level is a large Bedroom with vaulted ceilings, windows galore, 2 skylights, and tons of closet space. All 3 Bedrooms are en-suite and perfect for privacy and space; each is large enough to be the primary BR. The updated Bathrooms boast ceramic tile, pretty vanities and lighting. The Lower Level has a finished room- perfect for a Family Room, Rec Room, Office or Exercise area plus an unfinished area for storage. Enjoy the outside on the private, large, rear deck with steps to the rear yard with appealing landscaping. The detached garage, lower level unfinished area and wall to wall BR closets afford an abundance of storage options. This immaculate home has been updated with new Roof and Skylights (2019); new HVAC (2017); New hot water heater; flooring; Baths and Kitchen updates and Smart Ecobee Thermostat. Walking distance to parks, shopping and restaurants, this popular neighborhood is also located in the award winning Red Clay School DIstrict. This is the one you've been looking for!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: Yes
  • Basement Type: Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3235
  • Living Area Sq Ft: 3235
  • Price Per Sq Ft: 176.84
  • Above Grade Finished Sq Ft: 2375
  • Below Grade Finished Sq Ft: 860
  • Total Below Grade Sq Ft: 860
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 504

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Wood Siding
  • Exterior Features: Exterior Lighting, 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
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 550.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: NCTH-UDC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2986.00
  • Assessor Parcel Number: 0800740128
  • Tax Year: 2023
  • Close Date: 04/13/2023

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Apr 13, 2023
Sold by
Castle Anupama S
Bought by
Chandler Elizabeth M and Savino Sergio
Seller's Agent
Kathleen Eddins
Patterson-Schwartz-Hockessin
Buyer's Agent
Julie Spagnolo
Northrop Realty
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%
Views
49
Current Estimated Value
$476,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,539
Avg. Annual Appreciation
7.09%
Original Mortgage
$325,730
Outstanding Balance
$317,426
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$165,139

Purchase Details

Listed on
Aug 11, 2015
Closed on
Sep 8, 2016
Sold by
Winslow Francis L
Bought by
Castle Anupama S
Seller's Agent
Jan Patrick
Compass
Buyer's Agent
Kathleen Eddins
Patterson-Schwartz-Hockessin
List Price
$309,000
Sold Price
$261,000
Premium/Discount to List
-$48,000
-15.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$208,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2004
Sold by
Koustubham Purnima
Bought by
Winslow Francis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
2.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2001
Sold by
Tarbell Roberta K
Bought by
Koustubhan Purnima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.05%
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
Chandler Elizabeth M -- None Listed On Document
Castle Anupama S -- Attorney
Winslow Francis L $295,000 --
Koustubhan Purnima $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandler Elizabeth M $325,730
Previous Owner Castle Anupama S $208,000
Previous Owner Winslow Francis L $82,000
Previous Owner Winslow Francis L $221,000
Previous Owner Winslow Francis L $65,000
Previous Owner Winslow Francis L $215,000
Previous Owner Koustubhan Purnima $156,000
Closed Winslow Francis L $65,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $410,000 -2.4% $127 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $420,000 +60.9% $130 / Sq Ft
09/08/2016 09/08/16 Sold $261,000 -5.1% $122 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
06/28/2016 06/28/16 Price Changed $275,000 -8.3% $128 / Sq Ft
09/16/2015 09/16/15 Price Changed $299,900 -2.9% $140 / Sq Ft
08/11/2015 08/11/15 For Sale $309,000 -- $144 / 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 $3,349 $87,400 $19,800 $67,600
2023 $2,970 $87,400 $19,800 $67,600
2022 $2,986 $87,400 $19,800 $67,600
2021 $2,983 $87,400 $19,800 $67,600
2020 $2,984 $87,400 $19,800 $67,600
2019 $3,185 $87,400 $19,800 $67,600
2018 $2,932 $87,400 $19,800 $67,600
2017 $2,897 $87,400 $19,800 $67,600
2016 $2,755 $87,400 $19,800 $67,600
2015 $2,590 $87,400 $19,800 $67,600
2014 $2,406 $87,400 $19,800 $67,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2038862

Bright MLS

APN: 08-007.40-128