NOT LISTED FOR SALE

505 Summit Dr Hockessin, DE 19707

Estimated Value: $609,000 - $782,000

4 Beds
2.5 Baths
3,150 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $430,000 $137 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,012/month

24 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Dupont (H.B.) Middle School Rated A
  • Attic
  • Built-In Self-Cleaning Double Oven

About This Home

As of July 2018

Tastefully updated 4BR, 2.5BA, Hockessin Colonial sits on a Half acre lot with a 2 car turned garage and large, extended driveway & Brand new Roof. This spacious Center Hall Colonial has been beautifully updated by the current owners with many features that are sure the please. Beautiful Hardwood floors run throughout both levels of this home. The Gorgeous Kitchen features high-end, 42", cherry cabinets, a large farm sink, subway tile backsplash, granite countertops, top of the line stainless steel appliances, including 5-Burner Dacor gas range w/ pot filler, recessed lighting and a breakfast bar w/ pendant lighting. The Large living room opens to the kitchen and offers lots of natural light. There is a sunken Family Room with brick, wood-burning fireplace, and french doors leading to the back patio. There is also a powder room located on the main level. Upstairs, there are 4 bedrooms, including a Master Suite w/ Updated Master bath featuring large, tiled shower w/ custom tile work, double granite-top vanity, and separate toilet room and a walk-in closet with custom, built-ins and pocket doors. The other 3 bedrooms are all generous in size and the hallway bathroom has been updated and looks fantastic! One of the bedrooms has a door leading to a walk-up attic w/ plenty of addtl' storage space. Stack-able washer/dryer round out the 2nd floor and are included. The basement is partially finished and offers unlimited possibilities.. The Large, fenced-in rear yard offers a large patio and endless possibilities for outdoor activities. **This Home has had an energy audit and is Super Energy efficient** SELLER OFFERING HOME WARRANTY AS WELL!!

Last Agent to Sell the Property

Michael McCullough

(302) 351-5000 maggie@lnf.com Long & Foster Real Estate, Inc. Listed on: 05/18/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Dennis Snavely

(302) 234-2500 dennisremax1@gmail.com RE/MAX Elite License #RS-0012292

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,471

Year Built

  • Built in 1968

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 192x150
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,150 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on upper level
  • Attic

Kitchen

  • Butlers Pantry
  • Built-In Self-Cleaning Double Oven
  • Cooktop

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-in Shower

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Berkeley Ridge Subdivision

Listing and Financial Details

  • Tax Lot 025
  • Assessor Parcel Number 08-008.40-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,471

Year Built

Built in 1968

Lot Details

0.65 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: All Existing Appliances And Fixtures
  • New Construction: No
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Double, Oven - Self Cleaning, Energy Efficient Appliances
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), Stall Shower, Dining Area
  • Fireplace Features: Brick
  • 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, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor, Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 3150
  • Living Area Sq Ft: 3150
  • Net Sq Ft: 3150.00
  • Price Per Sq Ft: 142.83
  • Above Grade Finished Sq Ft: 3150
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Street Lights, Exterior Lighting
  • Roof: Pitched, 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
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 115100.00
  • Land Assessed Value: 24700.00
  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.65
  • Lot Dimensions: 192X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28314.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: NC21

Green Features

  • Green Remarks: **This Home has had an energy audit and is Super Energy efficient** ***Seller Offering Home Warranty***

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2265568
  • Tax Annual Amount: 4471.00
  • Assessor Parcel Number: 08-008.40-025
  • Tax Lot: 025
  • Tax Year: 2017

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
Harrison Jill and Bowman Jill
Bought by
Bowman Jill and Harrison Jill
Current Estimated Value
$680,961

Purchase Details

Listed on
May 18, 2018
Closed on
Jun 28, 2018
Sold by
Vanderslice Cara
Bought by
Bowman Jill
Seller's Agent
Michael McCullough
Long & Foster Real Estate, Inc.
Buyer's Agent
Dennis Snavely
RE/MAX Elite
List Price
$449,900
Sold Price
$430,000
Premium/Discount to List
-$19,900
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$344,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2013
Closed on
Jan 29, 2014
Sold by
Monarek Corlinda F and Tarney Brian S
Bought by
Vanderslice Cara
Seller's Agent
Ashle Wilson Bailey
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael McCullough
Long & Foster Real Estate, Inc.
List Price
$330,000
Sold Price
$325,000
Premium/Discount to List
-$5,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$260,000
Interest Rate
4.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bowman Jill -- None Listed On Document
Bowman Jill -- None Listed On Document
Bowman Jill -- None Available
Vanderslice Cara $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowman Jill $344,000
Previous Owner Vanderslice Cara $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2018 07/11/18 Sold $430,000 -4.4% $137 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $449,900 +38.4% $143 / Sq Ft
01/29/2014 01/29/14 Sold $325,000 -1.5% $103 / Sq Ft View Prior Sale
12/06/2013 12/06/13 Pending -- -- --
12/02/2013 12/02/13 For Sale $330,000 -- $105 / 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 $5,165 $139,800 $24,700 $115,100
2023 $4,557 $139,800 $24,700 $115,100
2022 $4,611 $139,800 $24,700 $115,100
2021 $4,611 $139,800 $24,700 $115,100
2020 $4,626 $139,800 $24,700 $115,100
2019 $4,619 $139,800 $24,700 $115,100
2018 $4,527 $139,800 $24,700 $115,100
2017 $4,471 $139,800 $24,700 $115,100
2016 $4,270 $139,800 $24,700 $115,100
2015 $4,001 $139,800 $24,700 $115,100
2014 $3,703 $139,800 $24,700 $115,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001529468

Bright MLS

APN: 08-008.40-025

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