531 Southwood Rd Hockessin, DE 19707
Estimated Value: $376,000 - $477,000
3
Beds
1
Bath
1,426
Sq Ft
$295/Sq Ft
Est. Value
Highlights
- Second Garage
- View of Trees or Woods
- Wood Burning Stove
- North Star Elementary School Rated A
- Cape Cod Architecture
- Wood Flooring
About This Home
As of October 2021Nestled on a picturesque half acre in popular Hockessin, this charming, cottage-style Cape is truly a rare find!! Stunning, stone stairs welcome you to the entry and living room with hardwood floors, crown molding, a handsome stone fireplace with woodstove insert and a wall of windows overlooking the gorgeous front yard. Hardwood floors continue into the dining room adorned with bead board below chair rail molding and an entry to the inviting, covered side porch; an ideal spot to enjoy your morning coffee, family and friends or simply a good book. The updated galley kitchen offers warm, wooden cabinetry, granite counters with tile wall splash, tile flooring, recessed lights and professional-grade, stainless steel appliances. On the second level you'll find the spacious, primary bedroom with hardwood floors, crown molding, ceiling fan and an abundance of natural light. The nicely sized second bedroom with hardwoods, crown molding and ceiling fan and full bath with spectacular, vintage claw foot tub complete the second level. The adorable third bedroom has newer carpeting, ceiling fan and access to a walk up attic providing additional storage. Laundry with included washer and dryer is at the basement and boasts an iconic, double concrete sink. Basement is bright with lots of space for the hobbyist to play and is also inclusive of the one car garage. The detached 14' x 22' garage was new in 2019 and ideal for a second vehicle, small boat, or additional storage. Updates: Rinnai tankless water heater, Central AC, Heat Pump. 0.10 Acre adjacent parcel included in this sale (tax ID 08-007.30-004)
Last Agent to Sell the Property
Crown Homes Real Estate License #RS0020351 Listed on: 09/23/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,738
Year Built
- Built in 1940
Lot Details
- 0.47 Acre Lot
- Lot Dimensions are 140.00 x 156.90
- Split Rail Fence
- Additional Land
- Property is zoned NC21
Parking
- 2 Garage Spaces | 1 Attached and 1 Detached
- Second Garage
- Basement Garage
- Oversized Parking
- Driveway
Property Views
- Woods
- Garden
Home Design
- Cape Cod Architecture
- Craftsman Architecture
- Cottage
- Block Foundation
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,426 Sq Ft Home
- Property has 1.5 Levels
- Chair Railings
- Ceiling Fan
- Recessed Lighting
- 1 Fireplace
- Wood Burning Stove
- Double Pane Windows
- Window Treatments
- Living Room
- Dining Room
- Washer
- Attic
- Unfinished Basement
Kitchen
- Electric Oven or Range
- Range Hood
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Schools
- North Star Elementary School
- Henry B. Du Pont Middle School
- Alexis I. Dupont High School
Utilities
- Forced Air Heating and Cooling System
- Radiator
- Programmable Thermostat
- Water Treatment System
- Well
- Tankless Water Heater
Additional Features
- Energy-Efficient Windows
- Porch
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 112
- Assessor Parcel Number 08-007.40-112
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2021
Closed on
Oct 29, 2021
Sold by
Dougherty Nicholas V and Dougherty Christine L
Bought by
Legrand Nicholas and Legrand Gabrielle
Seller's Agent
Patricia Kehrer
Crown Homes Real Estate
Buyer's Agent
David Landon
Patterson-Schwartz-Newark
List Price
$349,900
Sold Price
$370,000
Premium/Discount to List
$20,100
5.74%
Total Days on Market
4
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
$50,926
Avg. Annual Appreciation
-1.66%
Original Mortgage
$314,500
Outstanding Balance
$293,769
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$54,574
Purchase Details
Closed on
Apr 16, 2020
Sold by
Dougherty Nicholas and Dougherty Nicholas V
Bought by
Dougherty Nicholas V and Dougherty Christine L
Purchase Details
Listed on
Jan 22, 2013
Closed on
May 29, 2013
Sold by
Schell Walter W and Schell Carrie L
Bought by
Dougherty Nicholas
Seller's Agent
Kathleen Eddins
Patterson-Schwartz-Hockessin
Buyer's Agent
Patricia Kehrer
Crown Homes Real Estate
List Price
$234,900
Sold Price
$230,000
Premium/Discount to List
-$4,900
-2.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$218,500
Interest Rate
3.39%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 1, 2003
Sold by
Mcmillan Randall S
Bought by
Schell Walter W and Schell Carrie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,950
Interest Rate
5.93%
Mortgage Type
VA
Similar Homes in Hockessin, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Legrand Nicholas | -- | None Available | |
| Dougherty Nicholas V | -- | None Available | |
| Dougherty Nicholas | $230,000 | None Available | |
| Schell Walter W | $198,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Legrand Nicholas | $314,500 | |
| Previous Owner | Dougherty Nicholas | $200,000 | |
| Previous Owner | Dougherty Nicholas | $218,500 | |
| Previous Owner | Schell Walter W | $35,000 | |
| Previous Owner | Schell Walter W | $201,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2021 10/29/21 | Sold | $370,000 | +5.7% | $259 / Sq Ft |
| 09/27/2021 09/27/21 | Pending | -- | -- | -- |
| 09/24/2021 09/24/21 | For Sale | $349,900 | -5.4% | $245 / Sq Ft |
| 09/23/2021 09/23/21 | Off Market | $370,000 | -- | -- |
| 09/23/2021 09/23/21 | For Sale | $349,900 | +52.1% | $245 / Sq Ft |
| 05/29/2013 05/29/13 | Sold | $230,000 | -2.1% | $195 / Sq Ft |
| 01/29/2013 01/29/13 | Pending | -- | -- | -- |
| 01/22/2013 01/22/13 | For Sale | $234,900 | -- | $199 / 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 | $1,947 | $52,700 | $18,300 | $34,400 |
| 2023 | $1,718 | $52,700 | $18,300 | $34,400 |
| 2022 | $1,738 | $52,700 | $18,300 | $34,400 |
| 2021 | $1,738 | $52,700 | $18,300 | $34,400 |
| 2020 | $1,744 | $52,700 | $18,300 | $34,400 |
| 2019 | $253 | $52,700 | $18,300 | $34,400 |
| 2018 | $252 | $52,700 | $18,300 | $34,400 |
| 2017 | $1,610 | $52,700 | $18,300 | $34,400 |
| 2016 | $1,610 | $52,700 | $18,300 | $34,400 |
| 2015 | $1,508 | $52,700 | $18,300 | $34,400 |
| 2014 | $1,396 | $52,700 | $18,300 | $34,400 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Kehrer
Seller's Agent in 2021
Patricia Kehrer
Crown Homes Real Estate
(302) 690-4464
4 in this area
14 Total Sales
-
David Landon
Buyer's Agent in 2021
David Landon
Patterson Schwartz
(302) 218-8473
11 in this area
332 Total Sales
-
Kathleen Eddins
Seller's Agent in 2013
Kathleen Eddins
Patterson Schwartz
(302) 893-4373
30 in this area
236 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2007116
APN: 08-007.40-112
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