NOT LISTED FOR SALE

515 Hanover Rd Wilmington, DE 19809

Estimated Value: $595,338 - $632,000

4 Beds
2.5 Baths
2,875 Sq Ft
$214/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $537,500 $187 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,805/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Pierre S. Dupont Middle School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of December 2022

Welcome home! Rare opportunity to move into North Hills, one of the most sought after developments in N. Wilmington. This gem is a completely renovated 4 bedroom, 2.5 bath colonial with a 2 car garage, restored hardwood floors, open concept living spaces and lots of natural light. The first floor has an oversized living room with fireplace, a formal dining room, powder room, and a large eat-in kitchen with upgraded granite countertops, glass tiled backsplash, white shaker cabinets, recessed lighting, and all new stainless steel appliances. Also on the first floor is a large 4th bedroom or can be used as an office with a rear door exit to allow access to a brand new patio and ample size backyard. The upper level has a spacious owners’ suite with a large sitting room, dual walk-in closets and a top of the line, new bathroom suite. Also on the second floor are two additional bedrooms, a full bathroom, and a large laundry room. Included in the renovations are a new roof, new windows and doors, all new landscaping, new walkways and a new driveway. The huge basement is ideal for converting to additional living space. Don’t miss out on the chance to make this elite estate your new address---just minutes from Marsh Rd, I-95, the DE/PA line, and duty free DE shopping..

Last Listed By

Gary Williams

BHHS Fox & Roach-Christiana License #RA-0020358 Listed on: 10/25/2022

BHHS Fox & Roach-Christiana

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,962

Year Built

  • Built in 1958 | Remodeled in 2022

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100.00 x 125.00
  • Property is in excellent condition
  • Property is zoned NC10

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Wood Burning Fireplace
  • Brick Fireplace
  • Double Pane Windows
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Dining Area
  • Unfinished Basement
  • Walk-Up Access

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

  • 90% Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • North Hills Subdivision

Listing and Financial Details

  • Tax Lot 120
  • Assessor Parcel Number 06-131.00-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,962

Year Built

Built in 1958 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-10-26
  • Federal Flood Zone: No
  • Year Built: 1958
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dishwasher, Energy Star Dishwasher, Energy Star Refrigerator
  • Flooring Type: Wood, Ceramic Tile
  • Interior Amenities: Dining Area, Kitchen - Eat-In, Kitchen - Island, Walk-In Closet(s), Wood Floors
  • Window Features: Energy Efficient, Double Pane
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Energy Star Qualified Door(s), Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Walkout Stairs, Unfinished
  • Total Sq Ft: 2875
  • Living Area Sq Ft: 2875
  • Price Per Sq Ft: 216.30
  • Above Grade Finished Sq Ft: 2485
  • Below Grade Finished Sq Ft: 390
  • Total Below Grade Sq Ft: 390
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 515

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • Spa: No
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District: BRANDYWINE
  • School District Key: 300200396892
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.29
  • Lot Dimensions: 100.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: NC10
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 3038.00
  • Tax Annual Amount: 3962.00
  • Assessor Parcel Number: 06-131.00-120
  • Tax Lot: 120
  • Tax Total Finished Sq Ft: 2875
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/07/2022

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Dec 7, 2022
Sold by
John Speak Roth Ira
Bought by
Watson Denise C
Seller's Agent
Gary Williams
BHHS Fox & Roach-Christiana
Buyer's Agent
Mike McGavisk
Keller Williams Keystone Realty
List Price
$525,000
Sold Price
$537,500
Premium/Discount to List
$12,500
2.38%
Total Days on Market
2
Views
21
Current Estimated Value
$616,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,835
Avg. Annual Appreciation
5.75%
Original Mortgage
$510,862
Outstanding Balance
$497,449
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$118,886

Purchase Details

Closed on
Apr 14, 2021
Sold by
Moriarty Brian and The Eric C Velvel Revocable Tr
Bought by
Midatlantic Ira Llc

Purchase Details

Closed on
Jun 11, 2013
Sold by
Velvel Eric C and The William E Velvel Revocable
Bought by
Velvel Eric C and The Eric C Velvel Revocable Tr

Purchase Details

Closed on
Jul 26, 2011
Sold by
Velvel William E
Bought by
Velvel William E and William E Velvel Revocable Tru

Range of Values:

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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
Watson Denise C $537,750 --
Midatlantic Ira Llc -- None Available
Velvel Eric C -- None Available
Velvel William E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Denise C $510,862
Closed Watson Denise C $510,862
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $537,500 0.0% $187 / Sq Ft
11/03/2022 11/03/22 Price Changed $537,500 +2.4% $187 / Sq Ft
10/31/2022 10/31/22 For Sale $525,000 -2.3% $183 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/27/2022 10/27/22 Off Market $537,500 -- --
10/25/2022 10/25/22 For Sale $525,000 -- $183 / 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 $4,262 $112,000 $17,800 $94,200
2023 $3,895 $112,000 $17,800 $94,200
2022 $3,962 $112,000 $17,800 $94,200
2021 $3,962 $112,000 $17,800 $94,200
2020 $0 $112,000 $17,800 $94,200
2019 $4,047 $112,000 $17,800 $94,200
2018 $115 $112,000 $17,800 $94,200
2017 $3,726 $112,000 $17,800 $94,200
2016 $3,726 $112,000 $17,800 $94,200
2015 -- $112,000 $17,800 $94,200
2014 -- $112,000 $17,800 $94,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2033522

Bright MLS

APN: 06-131.00-120