NOT LISTED FOR SALE

540 Way Rd Wilmington, DE 19807

Ashland Neighborhood

Estimated Value: $642,000 - $2,542,000

3 Beds
2.5 Baths
5,575 Sq Ft
$293/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $1,550,000 $278 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,260/month

6 Days on Market

Highlights

  • Second Garage
  • Barn or Farm Building
  • Traditional Architecture
  • 14.41 Acre Lot
  • Wooded Lot
  • Wood Flooring

About This Home

As of December 2016

Enjoy the beauty of the country in this classic old world stone "cottage" which is cradled in one of the most spectacular settings in Centreville on over 14 acres. It offers the finest in custom craftsmanship and care. The success of the interior spaces is in the finishing touches - custom millwork, solid doors, mahogany random width floors, stone exterior with cedar siding in bead trim. Spacious rooms throughout with a first floor master suite and two additional bedrooms on the second floor. Over 5,575 square feet of living space, all in excellent condition. An added bonus is a bank barn that can be finished to your specific needs. The barn has its own two car garage and driveway. This property will not disappoint. *The property consists of 14.41 acres with 12.99 acres of restricted land in conservation easement.

Last Agent to Sell the Property

Ashle Wilson Bailey

Long & Foster Real Estate, Inc. Listed on: 09/06/2016

Co-Listed By

Carol Wilson

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Laird Bunch

Monument Sotheby's International Realty

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,707

Year Built

  • Built in 2004

Lot Details

  • 14.41 Acre Lot
  • Lot Dimensions are 561x1167
  • Open Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned SE

Parking

  • 4 Car Garage
  • Second Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Wood Roof
  • Stone Siding

Interior Spaces

  • 5,575 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Attic

Kitchen

  • Butlers Pantry
  • Built-In Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Schools

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

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Air
  • Heating System Uses Propane
  • Radiant Heating System
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Additional Features

  • Patio
  • Barn or Farm Building

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 07-011.00-112

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,707

Year Built

Built in 2004

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: See List
  • Inclusions: See List
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2004
  • Remarks Public: Enjoy the beauty of the country in this classic old world stone "cottage" which is cradled in one of the most spectacular settings in Centreville on over 14 acres. It offers the finest in custom craftsmanship and care. The success of the interior spaces is in the finishing touches - custom millwork, solid doors, mahogany random width floors, stone exterior with cedar siding in bead trim. Spacious rooms throughout with a first floor master suite and two additional bedrooms on the second floor. Over 5,575 square feet of living space, all in excellent condition. An added bonus is a bank barn that can be finished to your specific needs. The barn has its own two car garage and driveway. This property will not disappoint. *The property consists of 14.41 acres with 12.99 acres of restricted land in conservation easement.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Wall, Oven - Self Cleaning, Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Stall Shower, Dining Area
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 5575
  • Living Area Sq Ft: 5575
  • Net Sq Ft: 5575.00
  • Price Per Sq Ft: 278.03
  • Above Grade Finished Sq Ft: 5575
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 540

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: 2nd Garage, Barn/Farm Building
  • Construction Materials: Stone
  • Access To Pool: No
  • Roof: Wood
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: BRANDYWINE SPRINGS SCHOOL
  • Middle School: ALEXIS I. 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: ALEXIS I. DU PONT

Lot Info

  • Improvement Assessed Value: 328200.00
  • Land Assessed Value: 150700.00
  • Lot Features: Open, Trees/Wooded, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 14.41
  • Lot Dimensions: 561X1167
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 627700.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: SE

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2250109
  • Tax Annual Amount: 13707.00
  • Assessor Parcel Number: 07-011.00-112
  • Tax Lot: 112
  • Tax Year: 2015
  • Close Date: 12/05/2016

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2020
Sold by
Donohue Francis Michael and Donohue Kirstie Cox
Bought by
Caterson Edward J and Caterson Stephanie A
Total Days on Market
6
Current Estimated Value
$1,634,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,505,000
Outstanding Balance
$1,368,511
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$333,193

Purchase Details

Listed on
Sep 6, 2016
Closed on
Dec 5, 2016
Sold by
Wren Thomas D and Wren Diane
Bought by
Donohue Francis Michael and Donohue Kirstie Cox
Seller's Agent
Ashle Wilson Bailey
Long & Foster Real Estate, Inc.
Buyer's Agent
Laird Bunch
Monument Sotheby's International Realty
List Price
$1,550,000
Sold Price
$1,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.10%
Original Mortgage
$1,240,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2002
Sold by
Morrison William P and Morrison Susan D
Bought by
Wren Thomas D and Wren Diane

Purchase Details

Closed on
Jul 9, 2001
Sold by
Rudin Bruce J and Rudin Francesca J
Bought by
Morrison William P and Morrison Susan D
Source: Public Records

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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
Caterson Edward J -- None Available
Donohue Francis Michael $1,550,000 None Available
Wren Thomas D $1,200,000 --
Morrison William P $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caterson Edward J $1,505,000
Previous Owner Donohue Francis Michael $1,240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2016 12/05/16 Sold $1,550,000 0.0% $278 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $1,550,000 -- $278 / 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 $13,424 $363,300 $35,100 $328,200
2023 $11,842 $363,300 $35,100 $328,200
2022 $11,983 $363,300 $35,100 $328,200
2021 $11,982 $363,300 $35,100 $328,200
2020 $12,021 $363,300 $35,100 $328,200
2019 $12,002 $363,300 $35,100 $328,200
2018 $11,764 $363,300 $35,100 $328,200
2017 -- $363,300 $35,100 $328,200
2016 -- $478,900 $150,700 $328,200
2015 -- $478,900 $150,700 $328,200
2014 -- $478,900 $150,700 $328,200
Source: Public Records

Agents Affiliated with this Home

  • Ashle Wilson Bailey

    Seller's Agent in 2016

    Ashle Wilson Bailey

    Long & Foster

    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Carol Wilson

    Long & Foster

  • Laird Bunch

    Buyer's Agent in 2016

    Laird Bunch

    Monument Sotheby's International Realty

    (302) 275-0869

    8 in this area

    54 Total Sales

    Laird Bunch
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003960783

Bright MLS

APN: 07-011.00-112

Delaware New Castle County Wilmington 19807 Ashland

540 Way Rd, Wilmington, DE

This home is located at 540 Way Rd, Wilmington, DE 19807 since 06 September 2016 and is currently estimated at $1,634,704, approximately $293 per square foot. This property was built in 2004. 540 Way Rd is a home located in New Castle County with nearby schools including Alexis I. du Pont Middle School, Alexis I. du Pont High School, and Wilmington Christian School.

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