NOT LISTED FOR SALE

525 Faraday Rd Hockessin, DE 19707

Estimated Value: $529,000 - $565,307

5 Beds
3.5 Baths
3,250 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $325,000 $100 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,313/month

76 Days on Market

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • Whirlpool Bathtub
  • Dupont (H.B.) Middle School Rated A
  • Wood Flooring
  • 1 Car Direct Access Garage

About This Home

As of June 2012

Where are you going to find a 5 bdrm 3.5 bath at this price? This beautifully updated home awaits its' new owners.The floor plan lends itself to entertaining. Sparkling hardwood floors 5 in. baseboards on 1st and 2nd floors, granite counters in the eat-in kitchen, Kenmore Elite appliances in 2010,11, freshly painted,new disposal,sink. Family room with sliding door overlooks a professionally landscaped private fenced back yard. The Master Suite has a vaulted ceiling and sumputous bath with an oversized shower, jetted tub, and two closets. All of the other bedrooms are generously sized with great closet space. The laundry is located on the second floor - no more running up and down stairs! Lower level is finished with upgraded carpet, storage areas, music room, sump pump, new windows, utility area. This home feeds to Brandywine Springs, HB DuPont Middle, AI DuPont HS. The location is superb with Hockessin just minutes away as well as a short drive to U.D, Newark, Wilmington,I-95. Look at the low taxes!

Last Agent to Sell the Property

Jane Wellbrock

EXP Realty, LLC License #RS195126L Listed on: 03/15/2012

EXP Realty, LLC

Co-Listed By

MICHELE C. ASHTON

BHHS Fox & Roach-Unionville License #RS0015295

Last Buyer's Agent

Kathleen Olsen

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,075

Year Built

  • Built in 1970

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 151x130
  • Level Lot
  • Property is in good condition

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 3 Open Parking Spaces
  • 3 Attached Carport Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,250 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Brandywine Springs Elementary School
  • Henry B. Du Pont Middle School
  • Alexis I. Dupont High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Hickory Hills Subdivision

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 08-013.10-105

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,075

Year Built

Built in 1970

Lot Details

0

HOA Fees

$4 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Mud Rm Refrig, Bbq, Patio Furniture
  • Inclusions: Playset Shed
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1970
  • Remarks Public: Where are you going to find a 5 bdrm 3.5 bath at this price? This beautifully updated home awaits its' new owners.The floor plan lends itself to entertaining. Sparkling hardwood floors 5 in. baseboards on 1st and 2nd floors, granite counters in the eat-in kitchen, Kenmore Elite appliances in 2010,11, freshly painted,new disposal,sink. Family room with sliding door overlooks a professionally landscaped private fenced back yard. The Master Suite has a vaulted ceiling and sumputous bath with an oversized shower, jetted tub, and two closets. All of the other bedrooms are generously sized with great closet space. The laundry is located on the second floor - no more running up and down stairs! Lower level is finished with upgraded carpet, storage areas, music room, sump pump, new windows, utility area. This home feeds to Brandywine Springs, HB DuPont Middle, AI DuPont HS. The location is superb with Hockessin just minutes away as well as a short drive to U.D, Newark, Wilmington,I-95. Look at the low taxes!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), Whirlpool/Hottub, Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Levels Count: 2
  • Room Count: 14
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3250
  • Living Area Sq Ft: 3250
  • Net Sq Ft: 3250.00
  • Price Per Sq Ft: 107.38
  • Above Grade Finished Sq Ft: 3250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 525

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, 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: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Carport Spaces: 3
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage, Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: BRANDYWINE SPRINGS SCHOOL
  • Middle School: HENRY B. DU PONT
  • High School: ALEXIS I. DUPONT
  • School District Key: 300200396545
  • Elementary School: BRANDYWINE SPRINGS SCHOOL
  • High School: ALEXIS I. DUPONT
  • Middle Or Junior School: HENRY B. DU PONT

Lot Info

  • Improvement Assessed Value: 67000.00
  • Land Assessed Value: 15100.00
  • Lot Features: Level, Sloping
  • Lot Size Acres: 0.25
  • Lot Dimensions: 151X130
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2266809
  • Tax Annual Amount: 2075.00
  • Assessor Parcel Number: 08-013.10-105
  • Tax Lot: 105
  • Tax Year: 2011
  • Close Date: 06/22/2012

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2012
Closed on
Jun 29, 2012
Sold by
Selden Eric and Selden Lacey
Bought by
Maher Rory and Maher Noelle
Seller's Agent
Jane Wellbrock
EXP Realty, LLC
Buyer's Agent
Kathleen Olsen
Long & Foster Real Estate, Inc.
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%
Total Days on Market
76
Current Estimated Value
$542,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,827
Avg. Annual Appreciation
4.04%
Original Mortgage
$308,750
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2006
Sold by
Mccormick Michael A and Mccormick Jill L
Bought by
Selden Eric D and Selden Lacey
Source: Public Records

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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
Maher Rory $325,000 None Available
Selden Eric D $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maher Rory $200,000
Closed Maher Rory $50,000
Closed Maher Rory $50,000
Closed Maher Rory $308,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2012 06/22/12 Sold $325,000 -6.9% $100 / Sq Ft
05/31/2012 05/31/12 For Sale $349,000 0.0% $107 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
04/10/2012 04/10/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $349,000 -- $107 / 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 $3,145 $82,100 $15,100 $67,000
2023 $2,789 $82,100 $15,100 $67,000
2022 $2,805 $82,100 $15,100 $67,000
2021 $2,802 $82,100 $15,100 $67,000
2020 $2,803 $82,100 $15,100 $67,000
2019 $3,171 $82,100 $15,100 $67,000
2018 $2,754 $82,100 $15,100 $67,000
2017 $2,721 $82,100 $15,100 $67,000
2016 $2,588 $82,100 $15,100 $67,000
2015 $2,432 $82,100 $15,100 $67,000
2014 $2,260 $82,100 $15,100 $67,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003883530

Bright MLS

APN: 08-013.10-105