NOT LISTED FOR SALE

533 Runnymeade Rd Hockessin, DE 19707

Estimated Value: $518,000 - $623,000

4 Beds
3.5 Baths
3,200 Sq Ft
$181/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $487,500 $152 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,594/month

82 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Fireplaces
  • Central Air
  • Dupont (H.B.) Middle School Rated A
  • 2 Car Attached Garage
  • Heat Pump System

About This Home

As of November 2023

The house is back on the market due to no fault of the sellers.

This extraordinary red cedar custom-made house featuring 4 bedrooms, 3.5 baths, and a rear two-story solarium is situated on 0.87 acres of land in a picturesque location in Hockessin. This remarkable property is a rare find that stands out among many hundreds of houses. It will blow your mind and you will be captivated by its unique design.
The open concept layout of the main floor allows tons of natural light to fill the space. As you enter the foyer, the formal dining room straight ahead awaits, perfect for family gatherings. To the right, you'll find a spacious kitchen area with hardwood floors, lots of highly convenient, custom-made storage and natural light, which all makes meal preparation a joyous experience. To the left is the living room featuring a stunning fireplace.
Downstairs is a family room featuring a highly efficient wood stove and a large sliding door overlooking the back patio and a large, green-lawn private yard, an excellent spot for outdoor partying or a great play area for children. Also downstairs are two bedrooms, one full bathroom, a utility room, and tons of storage space, including spacious, custom-made wooden cabinets.
Upstairs, you'll discover two more bedrooms with sizable closets, and two full bathrooms. Both bedrooms feature heavy-duty accordion walls at the front and charming indoor mini-balconies on the opposite side where you can enjoy warm sunlight and the view of colorful plants in the solarium.
The house offers plenty of appeal inside, including large windows and beamed ceilings. Storage space is abundant throughout the house, including a 2-car garage with an extra room for bikes and other items.
The large solarium expands your living space by connecting indoor and outdoor living and brings aesthetic pleasure and positive emotions, while providing energy efficiency which significantly increases the house market value. Seldom found on properties in such a superb location, the conservatory serves as an oasis in winter, where you can enjoy your morning coffee, a good book, or conversations with family and friends. The abundance of natural sunshine offers you a panoramic view to immerse yourself in nature. The conservatory leads you to the large rear deck, a perfect spot for relaxing at the end of the day.
The large yard backs to gorgeous woodlands with no neighbors behind. There is plenty of space to add a swimming pool or spa, outdoor kitchen or patio to make it another perfect fit for this home.
Location is key. Situated just 5-15 minutes away from RT’s 7, 48, 41, 2, Lantana Square, White Clay Creek State Park, and 400-acre Delcastle Recreation area with a 1.7-mile paved walking trail. This home is a commuter's delight. The house is also close to the famous Hockessin Athletic Club, the best fitness facility in the State with 5 swimming pools, making it one of the largest health clubs in the U.S. with many interesting programs for children and adults.
The house is sold in "as is" condition. The seller will not offer any repairs or credits. The price is adjusted accordingly.

Last Agent to Sell the Property

Veta McCarther

(302) 747-4382 VETTKA@HOTMAIL.COM VRA Realty License #RS354682 Listed on: 08/04/2023

VRA Realty

Last Buyer's Agent

Dan Sweeney

(302) 463-6548 sweeneyrealestateadvisor@gmail.com Realty One Group Restore License #RS-0017243

Realty One Group Restore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,909

Year Built

  • Built in 1983

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 87.00 x 257.70

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 3 Levels
  • 2 Fireplaces
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • Runnymeade Subdivision

Listing and Financial Details

  • Tax Lot 022
  • Assessor Parcel Number 08-019.10-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,909

Year Built

Built in 1983

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-08-05
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 167.19
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.87
  • Lot Dimensions: 87.00 x 257.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 37897.00
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2929.00
  • Tax Annual Amount: 3909.00
  • Assessor Parcel Number: 08-019.10-022
  • Tax Lot: 022
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Nov 20, 2023
Sold by
Grushin Vladimir and Grouchina Olga
Bought by
Jamison James P and Jamison Lisa
Seller's Agent
Veta McCarther
VRA Realty
Buyer's Agent
Dan Sweeney
Realty One Group Restore
List Price
$535,000
Sold Price
$487,500
Premium/Discount to List
-$47,500
-8.88%
Views
827
Current Estimated Value
$614,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,716
Avg. Annual Appreciation
8.85%
Original Mortgage
$117,500
Outstanding Balance
$115,478
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$465,103

Purchase Details

Closed on
Aug 21, 1998
Bought by
Grushin Vladimir and Grouchina Olga
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jamison James P -- None Listed On Document
Grushin Vladimir $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamison James P $117,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $487,500 -8.9% $152 / Sq Ft
08/04/2023 08/04/23 For Sale $535,000 -- $167 / 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 $4,378 $118,500 $25,500 $93,000
2023 $3,863 $118,500 $25,500 $93,000
2022 $3,909 $118,500 $25,500 $93,000
2021 $3,908 $118,500 $25,500 $93,000
2020 $3,921 $118,500 $25,500 $93,000
2019 $3,915 $118,500 $25,500 $93,000
2018 $3,837 $118,500 $25,500 $93,000
2017 $3,790 $118,500 $25,500 $93,000
2016 $3,620 $118,500 $25,500 $93,000
2015 $3,392 $118,500 $25,500 $93,000
2014 $3,139 $118,500 $25,500 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2046878

Bright MLS

APN: 08-019.10-022