NOT LISTED FOR SALE

525 Wayland Dr Hockessin, DE 19707

Estimated Value: $649,000 - $742,000

5 Beds
3 Baths
3,175 Sq Ft
$219/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $450,000 $142 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,394/month

16 Days on Market

Highlights

  • 0.73 Acre Lot
  • Deck
  • Wood Flooring
  • Dupont (H.B.) Middle School Rated A
  • Raised Ranch Architecture
  • Attic

About This Home

As of December 2017

Beautifully renovated 5 bedroom, 3 full bath raised ranch on a private lot in Hockessin. Beginning with the exterior, you will find all the following are new: roof, windows, gutters w/guards, siding, deck, lighting, landscaping, garage door and shutters. Upon entering you will see gleaming hardwood floors leading to the living room with a brick fireplace and new French doors leading to the deck. The open floor plan extends to the brand new eat in kitchen with soft close cabinetry, granite counters, under counter and pendant lighting and stainless steel appliances. For those special occasions there is also a formal dining room and new French doors leading to the deck. The first level includes a master suite with a fully renovated bath and 3 additional bedrooms and another fully renovated hallway bath. The laundry is also on the main level with exterior and garage entrances. The lower level consists of another spacious master suite and attached fully renovated bath. The lower level has a large family room with a fireplace, wet bar with ice maker and beverage center/wine cooler and access to the outside through new French doors. Finally, there is an office/workout area and plenty of storage. The lower level has new carpeting throughout and the whole home has fresh paint. Plenty of time to move in before the holiday season.

Last Agent to Sell the Property

Stephen Mottola

Compass License #R3-0010595 Listed on: 10/11/2017

Compass

Co-Listed By

kevin odle

Long & Foster Real Estate, Inc. License #5006570

Last Buyer's Agent

HARRY MOFFETT

Patterson-Schwartz-Hockessin

Patterson-Schwartz-Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,935

Year Built

  • Built in 1975

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 141x217
  • Property is in good condition
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Raised Ranch Architecture
  • Rambler Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,175 Sq Ft Home
  • 2 Fireplaces
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Heather Valley Subdivision

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number 08-025.20-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,935

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Raised Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1975
  • Remarks Public: Beautifully renovated 5 bedroom, 3 full bath raised ranch on a private lot in Hockessin. Beginning with the exterior, you will find all the following are new: roof, windows, gutters w/guards, siding, deck, lighting, landscaping, garage door and shutters. Upon entering you will see gleaming hardwood floors leading to the living room with a brick fireplace and new French doors leading to the deck. The open floor plan extends to the brand new eat in kitchen with soft close cabinetry, granite counters, under counter and pendant lighting and stainless steel appliances. For those special occasions there is also a formal dining room and new French doors leading to the deck. The first level includes a master suite with a fully renovated bath and 3 additional bedrooms and another fully renovated hallway bath. The laundry is also on the main level with exterior and garage entrances. The lower level consists of another spacious master suite and attached fully renovated bath. The lower level has a large family room with a fireplace, wet bar with ice maker and beverage center/wine cooler and access to the outside through new French doors. Finally, there is an office/workout area and plenty of storage. The lower level has new carpeting throughout and the whole home has fresh paint. Plenty of time to move in before the holiday season.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Self Cleaning, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3175
  • Living Area Sq Ft: 3175
  • Net Sq Ft: 3175.00
  • Price Per Sq Ft: 149.61
  • Above Grade Finished Sq Ft: 3175
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 525

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Access To Pool: No
  • 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
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 127000.00
  • Land Assessed Value: 27300.00
  • Lot Size Acres: 0.73
  • Lot Dimensions: 141X217
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31799.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2272334
  • Tax Annual Amount: 4935.00
  • Assessor Parcel Number: 08-025.20-001
  • Tax Lot: 001
  • Tax Year: 2017
  • Close Date: 12/28/2017

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Sold by
Stiglitz Michael
Bought by
Stiglitz Michael and Stigliltz Samantha Jo
Total Days on Market
16
Current Estimated Value
$695,595

Purchase Details

Listed on
Oct 11, 2017
Closed on
Dec 28, 2017
Sold by
Built To Last Llc
Bought by
Stightz Michael
Seller's Agent
Stephen Mottola
Compass
Buyer's Agent
HARRY MOFFETT
Patterson-Schwartz-Hockessin
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$424,100
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2016
Closed on
Dec 7, 2016
Sold by
Denes Doina
Bought by
Bult To Last Llc
Seller's Agent
Terry Mulkins
Patterson-Schwartz-Newark
Buyer's Agent
Stephen Mottola
Compass
List Price
$295,000
Sold Price
$230,000
Premium/Discount to List
-$65,000
-22.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.36%

Purchase Details

Closed on
Oct 1, 1986
Bought by
Denes Lucian R and Denes Doina
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
Stiglitz Michael -- None Available
Stightz Michael -- None Available
Bult To Last Llc -- None Available
Denes Lucian R $145,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stiglitz Michael $352,500
Closed Stightz Michael $424,100
Previous Owner Denes Lucian R $81,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $450,000 -5.3% $142 / Sq Ft
12/01/2017 12/01/17 Price Changed $475,000 0.0% $150 / Sq Ft
11/02/2017 11/02/17 For Sale $475,000 0.0% $150 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $475,000 +106.5% $150 / Sq Ft
12/07/2016 12/07/16 Sold $230,000 -11.2% $72 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
11/18/2016 11/18/16 Price Changed $259,000 -5.8% $82 / Sq Ft
10/18/2016 10/18/16 Price Changed $275,000 -6.8% $87 / Sq Ft
10/10/2016 10/10/16 For Sale $295,000 -- $93 / 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 $5,879 $159,100 $27,300 $131,800
2023 $5,186 $159,100 $27,300 $131,800
2022 $5,248 $159,100 $27,300 $131,800
2021 $5,247 $159,100 $27,300 $131,800
2020 $5,264 $159,100 $27,300 $131,800
2019 $5,256 $159,100 $27,300 $131,800
2018 $5,089 $159,100 $27,300 $131,800
2017 $4,713 $154,300 $27,300 $127,000
2016 $4,713 $154,300 $27,300 $127,000
2015 $4,416 $154,300 $27,300 $127,000
2014 $4,087 $154,300 $27,300 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001415839

Bright MLS

APN: 08-025.20-001