515 Massaferi Way Hockessin, DE 19707
Estimated payment $3,553/month
Highlights
- Very Popular Property
- Cape Cod Architecture
- Fireplace
- North Star Elementary School Rated A
- No HOA
- Laundry Room
About This Home
Tucked away on a quiet private drive in desirable Hockessin, this updated 5-bedroom, 3.5-bathroom Cape Cod-style home offers timeless character, modern finishes, and a flexible layout ideal for today's living. With 2,375 square feet above grade and an additional 600 square feet of finished basement space, plus an additional 700 square feet of workshop/utility space left unfinished, this home provides nearly 3,000 total square feet of comfortable living.
Set on .42 acres, the main level boasts a renovated kitchen featuring new quartz countertops, updated cabinetry, and new modern appliances — perfect for everyday meals or entertaining. A sunlit living room highlighted by a bay window and woodburning fireplace, formal dining room, enclosed porch, laundry room, powder room, and three spacious bedrooms complete the main floor. One bedroom features a completely renovated bathroom, ideal for a main-level primary or guest suite.
Upstairs, you’ll find the primary bedroom suite with a gorgeous fully renovated ensuite bathroom and a second generously sized bedroom, plus a gorgeous second new guest bathroom — all thoughtfully updated with modern finishes and fixtures.
Notable upgrades include:
• New roof (2025)
• New water heater
• 3-year-old HVAC system
• New Quartzite kitchen countertops & appliances
• LED lighting throughout
• Fully renovated bathrooms and bedrooms
• Partially finished basement for added living space or recreation
• Exterior accessible workshop in the unfinished basement area
Located within reach of Hockessin’s best dining, shopping, and award-winning schools, this move-in ready home is a rare find in a private, peaceful setting.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,673
Year Built
- Built in 1955 | Remodeled in 2025
Lot Details
- 0.42 Acre Lot
- Property is in excellent condition
- Property is zoned NC21
Home Design
- Cape Cod Architecture
- Block Foundation
- Architectural Shingle Roof
- Brick Front
Interior Spaces
- Property has 1.5 Levels
- Fireplace
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Schools
- North Star Elementary School
- Henry B. Du Pont Middle School
- Dickinson High School
Utilities
- Forced Air Heating and Cooling System
- Well
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 014
- Assessor Parcel Number 08-018.00-014
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,834 | $76,700 | $8,400 | $68,300 |
| 2023 | $2,500 | $76,700 | $8,400 | $68,300 |
| 2022 | $2,530 | $76,700 | $8,400 | $68,300 |
| 2021 | $2,530 | $76,700 | $8,400 | $68,300 |
| 2020 | $0 | $76,700 | $8,400 | $68,300 |
| 2019 | $2,773 | $76,700 | $8,400 | $68,300 |
| 2018 | $2,484 | $76,700 | $8,400 | $68,300 |
| 2017 | $2,453 | $76,700 | $8,400 | $68,300 |
| 2016 | $2,343 | $76,700 | $8,400 | $68,300 |
| 2015 | -- | $76,700 | $8,400 | $68,300 |
| 2014 | $2,032 | $76,700 | $8,400 | $68,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $624,900 | +303.4% | $210 / Sq Ft |
| 10/08/2012 10/08/12 | Sold | $154,900 | +13.9% | $65 / Sq Ft |
| 09/08/2012 09/08/12 | Pending | -- | -- | -- |
| 08/20/2012 08/20/12 | Price Changed | $136,000 | -22.2% | $57 / Sq Ft |
| 08/17/2012 08/17/12 | For Sale | $174,900 | 0.0% | $74 / Sq Ft |
| 06/22/2012 06/22/12 | Pending | -- | -- | -- |
| 06/08/2012 06/08/12 | Price Changed | $174,900 | -23.5% | $74 / Sq Ft |
| 04/09/2012 04/09/12 | Price Changed | $228,700 | -3.0% | $96 / Sq Ft |
| 03/14/2012 03/14/12 | Price Changed | $235,700 | -3.0% | $99 / Sq Ft |
| 02/21/2012 02/21/12 | For Sale | $242,900 | -- | $102 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $154,900 | Liberty Title & Escrow Compa | |
| Sheriffs Deed | $257,665 | None Available | |
| Deed | $330,000 | -- | |
| Interfamily Deed Transfer | -- | Transnation Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,600,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $231,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $82,500 | Stand Alone Second | |
| Previous Owner | $161,250 | New Conventional |
Source: Bright MLS
MLS Number: DENC2088938
APN: 08-018.00-014
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