NOT LISTED FOR SALE

525 Massaferi Way Hockessin, DE 19707

Estimated Value: $615,000 - $886,000

0.45 Acre
$1,680,087 Price per Acre
19,602 Sq Ft Lot

Last Sold October 10, 2013

Last sale price $115,000

Est. 557% increase in value since last sale

Current estimated payment $4,631/month

106 Days on Market

Highlights

  • No HOA
  • North Star Elementary School Rated A
  • En-Suite Primary Bedroom

About This Lot

As of October 2013

Wonderful, level building lot on a private drive. This is the last building lot available on a quiet private road lined by custom homes. Lot has access to public sewer and public water. No builder tie-in. This is the perfect quiet spot to build your dream home. Located nearby to Newark, Hockessin and Pennsylvania.

Last Agent to Sell the Property

Lisa Marie

RE/MAX Edge License #RS-0018248 Listed on: 05/17/2013

Last Buyer's Agent

Christopher Nolte

Coldwell Banker Realty License #RA-0020574I

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $226

Year Built

  • 2014

Lot Details

  • 0.45 Acre Lot
  • Property is zoned NC21

Additional Features

  • En-Suite Primary Bedroom
  • Approved Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 08-018.00-101

Property Details

Property Type

Land

Est. Annual Taxes

$226

Year Built

2014

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Wonderful, level building lot on a private drive. This is the last building lot available on a quiet private road lined by custom homes. Lot has access to public sewer and public water. No builder tie-in. This is the perfect quiet spot to build your dream home. Located nearby to Newark, Hockessin and Pennsylvania.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2014

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 6.63
  • Street Number Modifier: 525

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Approved System, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Lot Size Acres: 0.45
  • Lot Dimensions: 150X130, LotWidth:150 X LotDepth:130
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19602.00
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4672595
  • Tax Annual Amount: 226.00
  • Assessor Parcel Number: 08-018.00-101
  • Tax Lot: 101
  • Tax Year: 2012
  • Close Date: 10/10/2013

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2013
Closed on
Oct 10, 2013
Sold by
Collins Charlotte
Bought by
Shaw Robert and Shaw Michele D
Seller's Agent
Lisa Marie
RE/MAX Edge
Buyer's Agent
Christopher Nolte
Coldwell Banker Realty
List Price
$130,000
Sold Price
$115,000
Premium/Discount to List
-$15,000
-11.54%
Total Days on Market
106
Current Estimated Value
$756,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,039
Avg. Annual Appreciation
17.53%

Purchase Details

Closed on
Oct 1, 2012
Sold by
Shatley Lindsey A and Shatley Collen D
Bought by
Collins Charlotte

Purchase Details

Closed on
Jan 19, 2006
Sold by
Collins Charlotte
Bought by
Shatley Lindsey A and Shatley Colleen D
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Shaw Robert $115,000 None Available
Collins Charlotte -- None Available
Shatley Lindsey A -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2013 10/10/13 Sold $115,000 -11.5% --
08/31/2013 08/31/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $130,000 -- --
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 $4,647 $139,300 $9,000 $130,300
2023 $4,541 $139,300 $9,000 $130,300
2022 $4,595 $139,300 $9,000 $130,300
2021 $4,594 $139,300 $9,000 $130,300
2020 $4,609 $139,300 $9,000 $130,300
2019 $4,841 $139,300 $9,000 $130,300
2018 $4,510 $139,300 $9,000 $130,300
2017 $4,254 $133,000 $9,000 $124,000
2016 $4,063 $133,000 $9,000 $124,000
2015 $3,807 $133,000 $9,000 $124,000
2014 $238 $9,000 $9,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003465230

Bright MLS

APN: 08-018.00-101