516 Spring Lake Ave Wilmington, DE 19809
Estimated Value: $537,000 - $800,000
4
Beds
2.5
Baths
2,875
Sq Ft
$235/Sq Ft
Est. Value
Highlights
- 1.18 Acre Lot
- Deck
- Wood Flooring
- Colonial Architecture
- Traditional Floor Plan
- Garden View
About This Home
As of December 2021A stunner on Spring Lake Ave.! Nestled on 1-acre enclave in N. Wilm. and enveloped in aura of tree-lined privacy, this 4BRs/2 ½ bath stately stone/gray siding home with outdoor oasis is magnificently perched on gently sloping, landscaped lawn with winding driveway, and touts all-around appeal. Stone-stacked beds of shrubs line stone sidewalk which leads to white railed, elevated front porch that is roomy enough for pair of chairs and exudes welcoming ambiance. Home’s upgrades include new BRs carpet (2021), recently renovated kitchen, new roof (2018), new HVAC (2016) and more! Front door opens to floorplan of dramatic angles, volume ceilings, oversized entrances and open spaces, while golden polished hardwood floors ground this dramatically designed home. Foyer features striking dual turned staircase, textured neutral-colored walls and crown molding. Beyond foyer is hall to kitchen with PR of distressed vanity with vessel sink, brushed gold hardware, new designer ceramic tile floor. 2 windows on front wall and stylish barely-there 2-tone custom painted walls of cappuccino/café au lait colors graces walls of formal LR to left of foyer, while opposite is equally impressive DR that boasts bronze wrought iron chandelier and matching windows and same custom painted walls, creating balance across front of home. Short hall off DR has closets on both sides and leads back to hub-of-home and heart-of-every gathering! Expansive and elegant hardwood floored kitchen is seamlessly linked to FR and stretches across back of home and together rooms echo openness and brightness of front of home. Gorgeous quartz countertops and farmhouse sink are favorably fused with creamy linen-colored cabinets with glass hardware/glass front upper cabinets with under cabinet lights. Subway tile backsplash with diamond accents is paired with sleek SS appliances. Center island with bar stools is highlighted by trio of pendant lights and offers comfortable and casual perch for dining around-the-clock. Tucked off kitchen is laundry room and oversized 2-car garage. Morning room is next in succession of open floorplan and is sun-drenched thanks to glass sliders on back wall that lead to deck. Opposite sliders is sizable alcove, perfect for beverage/coffee bar. FR with continued crown molding and hardwoods is perfectly proportioned. Angled gas FP with cream-color wood surround mirroring kitchen cabinets is on 1 wall and opposite is 2nd set of sliding doors offering circular floorplan from main rooms to outside. LL with high ceilings could easily be finished as rec/game/playroom. Steps from both foyer and hall lead up to generous 2nd level foyer where crown molding is repeated throughout and BRs/bath fan out clockwise. 3 secondary BRs feature new neutral carpeting and DD closets. Tiled floor full bath of white vanity with hues-of-blue countertop appropriately sits at top of steps and can serve as alternative guest bath when entertaining. Angled DD entrance leads into grand primary BR of retreat area made enhanced by arched window. Sweeping BR area is beyond and wraps to more square footage for extra furnishings, and walk-in closet. Sprawling primary bath boasts white tile floor, dual-sink vanity with same hues-of-blues countertop including makeup area, soaking tub and seamless shower. Indulge! Step out onto gray-toned deck, spacious enough for both conversation/dining areas. Ring of trees edge property and is preceded by berm of landscaped beds, while steps lead up to shed for stashing and storing and hammock for relaxing and recharging! Adjacent to deck is stone, open-air terrace. Admire stone-edged koi pond with black wrought iron bridge, mesmerizing waterfall and bubbly fountain. Enjoy unwinding on black wrought iron bench nestled in pocket of serenity. Relish 2 herb gardens outlined with railroad ties. Delight in wood trellis that leads around to front. Backyard is chock full of charm. Home is walkable to Bellevue State Park, nearby to I-95 Welcome Home!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,659
Year Built
- Built in 1996
Lot Details
- 1.18 Acre Lot
- Lot Dimensions are 26.60 x 284.60
- Landscaped
- Sloped Lot
- Back, Front, and Side Yard
- Property is in excellent condition
- Property is zoned NC15
Parking
- 2 Car Direct Access Garage
- Parking Storage or Cabinetry
- Side Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Poured Concrete
- Asphalt Roof
- Stone Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,875 Sq Ft Home
- Property has 2 Levels
- Traditional Floor Plan
- Crown Molding
- Ceiling height of 9 feet or more
- Ceiling Fan
- Recessed Lighting
- Fireplace With Glass Doors
- Gas Fireplace
- Window Treatments
- Palladian Windows
- Wood Frame Window
- Sliding Doors
- Six Panel Doors
- Entrance Foyer
- Family Room Off Kitchen
- Sitting Room
- Living Room
- Formal Dining Room
- Garden Views
Kitchen
- Breakfast Room
- Eat-In Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Outdoor Features
- Deck
- Outbuilding
- Porch
Schools
- Mount Pleasant High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Woodside Hills Subdivision
Listing and Financial Details
- Tax Lot 268
- Assessor Parcel Number 06-105.00-268
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2021
Closed on
Dec 28, 2021
Sold by
Brady Keith R and Brady Deborah L
Bought by
Varrasse Geoffrey and Varrasse Kimberly
Seller's Agent
Jeanne Gordy
House of Real Estate
Buyer's Agent
Michael Wilson
BHHS Fox & Roach-Greenville
List Price
$599,000
Sold Price
$652,500
Premium/Discount to List
$53,500
8.93%
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,965
Avg. Annual Appreciation
1.06%
Original Mortgage
$326,250
Outstanding Balance
$264,933
Interest Rate
2.34%
Mortgage Type
New Conventional
Estimated Equity
$411,532
Purchase Details
Closed on
Oct 11, 1996
Bought by
Brady Keith R and Brady Deborah L
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Similar Homes in Wilmington, DE
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Varrasse Geoffrey | -- | None Available | |
| Brady Keith R | $315,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Varrasse Geoffrey | $326,250 | |
| Previous Owner | Brady Keith R | $210,000 | |
| Previous Owner | Brady Keith R | $125,000 | |
| Previous Owner | Brady Keith R | $75,000 | |
| Previous Owner | Brady Keith R | $258,927 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2021 12/28/21 | Sold | $652,500 | +8.9% | $227 / Sq Ft |
| 09/28/2021 09/28/21 | Pending | -- | -- | -- |
| 09/25/2021 09/25/21 | For Sale | $599,000 | -- | $208 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,012 | $131,700 | $23,500 | $108,200 |
| 2023 | $4,581 | $131,700 | $23,500 | $108,200 |
| 2022 | $4,659 | $131,700 | $23,500 | $108,200 |
| 2021 | $4,259 | $131,700 | $23,500 | $108,200 |
| 2020 | $4,660 | $131,700 | $23,500 | $108,200 |
| 2019 | $4,961 | $131,700 | $23,500 | $108,200 |
| 2018 | $241 | $131,700 | $23,500 | $108,200 |
| 2017 | $4,381 | $131,700 | $23,500 | $108,200 |
| 2016 | $4,381 | $131,700 | $23,500 | $108,200 |
| 2015 | $4,031 | $131,700 | $23,500 | $108,200 |
| 2014 | $4,029 | $131,700 | $23,500 | $108,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jeanne Gordy
Seller's Agent in 2021
Jeanne Gordy
House of Real Estate
(302) 584-0057
4 in this area
30 Total Sales
-
Michael Wilson
Buyer's Agent in 2021
Michael Wilson
BHHS Fox & Roach
(302) 521-6307
13 in this area
280 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2006924
APN: 06-105.00-268
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