NOT LISTED FOR SALE

516 Spring Lake Ave Wilmington, DE 19809

Estimated Value: $654,000 - $770,000

4 Beds
2.5 Baths
2,875 Sq Ft
$247/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $652,500 $227 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,184/month

2 Days on Market

Highlights

  • 1.18 Acre Lot
  • Deck
  • Wood Flooring
  • Colonial Architecture
  • Traditional Floor Plan
  • Garden View

About This Home

As of December 2021

A 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!!

Last Agent to Sell the Property

Jeanne Gordy

(302) 584-0057 jeanniegordy@kw.com House of Real Estate License #RS0022425 Listed on: 09/25/2021

Last Buyer's Agent

Michael Wilson

(302) 521-6307 wilsonsale@aol.com BHHS Fox & Roach-Greenville License #RA-0003110

BHHS Fox & Roach-Greenville

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,659

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Dining room light fixture
  • Inclusions: Washer, dryer, kitchen appliances. Shed "as Is"
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-09-25
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Remarks Public: A 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!!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Built-In Microwave, Oven/Range - Gas
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Recessed Lighting, Stall Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Palladian, Wood Frame
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Breakfast Room, Laundry, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Sump Pump, Poured Concrete, Full, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2875
  • Living Area Sq Ft: 2875
  • Price Per Sq Ft: 208.35
  • Above Grade Finished Sq Ft: 2875
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

  • Bedrooms: 4
  • 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: Vinyl Siding, Stone
  • Exterior Features: Outbuilding(s)
  • Roof: Asphalt
  • View: Garden/Lawn
  • 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 - Side Entry, Garage Door Opener, Inside Access, Additional Storage Area
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BRANDYWINE
  • High School: MOUNT PLEASANT
  • High School Source: Listing Agent
  • School District Key: 300200396892
  • School District Source: Listing Agent
  • High School: MOUNT PLEASANT

Lot Info

  • Lot Features: Front Yard, Landscaping, Rear Yard, Sideyard(s), Sloping
  • Lot Size Acres: 1.18
  • Lot Dimensions: 26.60 x 284.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 51401.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: NC15
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 3566.00
  • Tax Annual Amount: 4659.00
  • Assessor Parcel Number: 06-105.00-268
  • Tax Lot: 268
  • Tax Total Finished Sq Ft: 2875
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/28/2021

MLS Schools

  • School District Name: BRANDYWINE

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%
Current Estimated Value
$710,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,819
Avg. Annual Appreciation
1.47%
Original Mortgage
$326,250
Outstanding Balance
$260,021
Interest Rate
2.34%
Mortgage Type
New Conventional
Estimated Equity
$429,245

Purchase Details

Closed on
Oct 11, 1996
Bought by
Brady Keith R and Brady Deborah L
Source: Public Records

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
Varrasse Geoffrey -- None Available
Brady Keith R $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varrasse Geoffrey $326,250
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

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 $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

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Map

Source: Bright MLS

MLS Number: DENC2006924

Bright MLS

APN: 06-105.00-268