NOT LISTED FOR SALE

504 Summit Dr Hockessin, DE 19707

Estimated Value: $473,000 - $646,000

3 Beds
2 Baths
1,758 Sq Ft
$318/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $450,000 $256 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,267/month

46 Days on Market

Highlights

  • Rambler Architecture
  • Attic
  • Den
  • Dupont (H.B.) Middle School Rated A
  • No HOA
  • Porch

About This Home

As of January 2023

This beauty has MANY attractive features: OUTDOORS you will find: a large front covered porch, 2 car attached turned garage with openers and updated doors, white picket gated decorative fencing leading to a beautiful backyard hard scaped pathway, slate dining patio and a variety of seasonal floral gardens, complete with a darling Dutch door garden shed! ...on a half acre+ corner lot, in a quaint community of Hockessin, Delaware. INDOORS you will find: one floor main level living complete with 3 bedrooms, 2 full baths, formal and casual living/dining areas, hardwood flooring, crown molding, 2 exciting hardy mantled fireplaces, built-in book/display/storage cases, generous closet space, stainless steel appliances with gas cooking, 2 skylights - (bathroom and kitchen) ... NATURAL lighting, Natures way of saying Good Morning! ... picture windows, main floor laundry, convenient access to garage and backyard. There is also a large floored walk-up attic, perfect for out of sight storage and an unfinished walkout basement. The basement area has a second laundry and a utility sink, perfect for all those messy jobs and hobbies! It appears the HVAC has been updated and that the owners have maintained the property nicely. The hardwood floors barely aged and the quality woodwork and trim add an elegant yet comfortable touch with a hint of Hockessin's history and farming days. Public Water, New Septic in Progress even though current system is operational. Don't Delay, Inquire Today, You will be HAPPY, HAPPY, HAPPY you did! Room Sizes are Approximate. Property is being sold to settle an Estate. Paperwork discovered in the house indicates new roof 10/2009 with 1x transferable warranty, which has been confirmed by roofer. Electrical updated, paperwork also discovered. Dishwasher 2019, Fridge 2014. Furnished pictures shown are prior to house clean out.

Last Agent to Sell the Property

Carla Vicario

carlagen@outlook.com BHHS Fox & Roach - Hockessin License #RS-0022188 Listed on: 09/23/2022

Last Buyer's Agent

David Harrell

(302) 351-5000 maggie@lnf.com Long & Foster Real Estate, Inc. License #R3-0013718

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 1966

Lot Details

  • 0.58 Acre Lot
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,758 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Den
  • Attic

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Patio
  • Storage Shed
  • Outbuilding
  • Porch

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Berkeley Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0800840026

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,276

Year Built

Built in 1966

Lot Details

0.58 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Washer & Dryer in the Basement & Stackable Unit on Main Floor, Fridge, Garden Shed, Existing Window Blinds & Valances
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Den, Basement, Bedroom 1, Bathroom 1, Bathroom 2, Attic
  • Basement: Yes
  • Basement Type: Interior Access, Outside Entrance, Unfinished, Walkout Stairs
  • Living Area Units: Square Feet
  • Total Sq Ft: 1758
  • Living Area Sq Ft: 1758
  • Price Per Sq Ft: 264.51
  • Above Grade Finished Sq Ft: 1758
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Storage Barn/Shed
  • Construction Materials: Brick
  • Exterior Features: Outbuilding(s)
  • 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
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • 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: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.58
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25265.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2265569
  • Tax Annual Amount: 2276.00
  • Assessor Parcel Number: 0800840026
  • Tax Year: 2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Jan 19, 2023
Sold by
Harold W Miller Revocable Living Trust
Bought by
Psomas John and Psomas Diane Daniels
Seller's Agent
Carla Vicario
BHHS Fox & Roach - Hockessin
Buyer's Agent
David Harrell
Long & Foster Real Estate, Inc.
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%
Current Estimated Value
$559,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,233
Avg. Annual Appreciation
7.12%
Original Mortgage
$100,000
Outstanding Balance
$87,814
Interest Rate
5.67%
Mortgage Type
New Conventional
Estimated Equity
$471,419

Purchase Details

Closed on
May 7, 2018
Sold by
Miller Harold W and Miller Harold W
Bought by
Miller Harold W and Miller Revocable Livi Harold W

Purchase Details

Closed on
Dec 9, 2014
Sold by
Miller Harold W and Miller Barbara A
Bought by
Miller Harold W and Miller Barbara A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Psomas John -- --
Miller Harold W -- None Available
Miller Harold W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Psomas John $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2023 01/19/23 Sold $450,000 -3.2% $256 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
10/26/2022 10/26/22 Price Changed $465,000 -2.1% $265 / Sq Ft
10/04/2022 10/04/22 Price Changed $475,000 -4.0% $270 / Sq Ft
09/23/2022 09/23/22 For Sale $495,000 -- $282 / Sq Ft
Source: Bright MLS

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 $3,898 $105,500 $24,300 $81,200
2023 $3,439 $105,500 $24,300 $81,200
2022 $1,776 $105,500 $24,300 $81,200
2021 $1,615 $105,500 $24,300 $81,200
2020 $1,615 $105,500 $24,300 $81,200
2019 $1,615 $105,500 $24,300 $81,200
2018 $1,840 $105,500 $24,300 $81,200
2017 $1,820 $105,500 $24,300 $81,200
2016 $1,615 $105,500 $24,300 $81,200
2015 -- $105,500 $24,300 $81,200
2014 $1,316 $105,500 $24,300 $81,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2031392

Bright MLS

APN: 08-008.40-026

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