NOT LISTED FOR SALE

541 Massaferi Way Hockessin, DE 19707

Estimated Value: $479,000 - $595,000

3 Beds
3 Baths
2,375 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $345,000 $145 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,197/month

8 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Skylights
  • North Star Elementary School Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2019

Here's a hidden gem of a home in Hockessin at the end of Massaferi Way! This custom built cape cod sits on .60 acre with lots of privacy. It features hardwood floors in the spacious living room, dining room, and updated eat-in kitchen with new stainless steel appliances, granite countertops, tiled backsplash, and oak cabinetry. The adjoining family room addition features vaulted ceiling, skylights, and lots of natural light from the wall of windows. The family room leads out to the spacious deck overlooking the private yard. The master retreat is off the family room featuring a large bedroom, walk-in closet, & spacious bath w/double sink vanity, and ceramic tiled floor. The upper level has an updated center hall bathroom flanked by two generous sized bedrooms. The basement is unfinished and has direct access to the two car garage. Beautiful private setting yet close to all that Hockessin has to offer. This hidden treasure is ready for a new owner!

Last Agent to Sell the Property

DAN DAVIS

RE/MAX Point Realty License #RS-279868 Listed on: 04/24/2019

Last Buyer's Agent

Reid White

RE/MAX Point Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 1980

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 200.00 x 130.00
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 2,375 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • Skylights
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Summer or Winter Changeover Switch For Hot Water
  • Well
  • Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 08-018.00-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,563

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, W/D
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1980
  • Remarks Public: Here's a hidden gem of a home in Hockessin at the end of Massaferi Way! This custom built cape cod sits on .60 acre with lots of privacy. It features hardwood floors in the spacious living room, dining room, and updated eat-in kitchen with new stainless steel appliances, granite countertops, tiled backsplash, and oak cabinetry. The adjoining family room addition features vaulted ceiling, skylights, and lots of natural light from the wall of windows. The family room leads out to the spacious deck overlooking the private yard. The master retreat is off the family room featuring a large bedroom, walk-in closet, & spacious bath w/double sink vanity, and ceramic tiled floor. The upper level has an updated center hall bathroom flanked by two generous sized bedrooms. The basement is unfinished and has direct access to the two car garage. Beautiful private setting yet close to all that Hockessin has to offer. This hidden treasure is ready for a new owner!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Range Hood, Water Heater
  • Interior Amenities: Skylight(s), Stall Shower, Walk-In Closet(s), Wood Floors, Kitchen - Eat-In, Ceiling Fan(s)
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2375
  • Living Area Sq Ft: 2375
  • Price Per Sq Ft: 145.26
  • Above Grade Finished Sq Ft: 2375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 541

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full 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 - Side 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, Wall Unit
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: On Site Septic
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 65900.00
  • Land Assessed Value: 12000.00
  • Lot Size Acres: 0.60
  • Lot Dimensions: 200.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26136.00
  • Year Assessed: 2018
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2268290
  • School Tax: 1917.00
  • Tax Annual Amount: 2563.00
  • Assessor Parcel Number: 08-018.00-010
  • Tax Lot: 010
  • Tax Total Finished Sq Ft: 2375
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 06/07/2019

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 7, 2019
Sold by
Massaferi Robert A
Bought by
Herrick Jordan Joseph and Gwinn Olga
Seller's Agent
DAN DAVIS
RE/MAX Point Realty
Buyer's Agent
Reid White
RE/MAX Point Realty
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$535,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,439
Avg. Annual Appreciation
7.65%
Original Mortgage
$276,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 1998
Bought by
Massaferi Robert A
Source: Public Records

Range of Values:

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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
Herrick Jordan Joseph $345,000 None Available
Massaferi Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrick Jordan Joseph $80,000
Open Herrick Jordan J $279,700
Closed Herrick Jordan Joseph $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $345,000 0.0% $145 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $345,000 -- $145 / 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 $2,878 $77,900 $12,000 $65,900
2023 $2,539 $77,900 $12,000 $65,900
2022 $2,569 $77,900 $12,000 $65,900
2021 $2,569 $77,900 $12,000 $65,900
2020 $2,578 $77,900 $12,000 $65,900
2019 $2,574 $77,900 $12,000 $65,900
2018 $0 $77,900 $12,000 $65,900
2017 -- $77,900 $12,000 $65,900
2016 -- $77,900 $12,000 $65,900
2015 -- $77,900 $12,000 $65,900
2014 -- $77,900 $12,000 $65,900
Source: Public Records

Agents Affiliated with this Home

  • DAN DAVIS

    Seller's Agent in 2019

    DAN DAVIS

    RE/MAX

    (302) 995-0862

    10 in this area

    99 Total Sales

    Section Image
  • Reid White

    Buyer's Agent in 2019

    Reid White

    RE/MAX

    (302) 540-2279

    4 in this area

    29 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DENC476656

Bright MLS

APN: 08-018.00-010

Delaware New Castle County Hockessin 19707

541 Massaferi Way, Hockessin, DE

This home is located at 541 Massaferi Way, Hockessin, DE 19707 since 24 April 2019 and is currently estimated at $535,439, approximately $225 per square foot. This property was built in 1980. 541 Massaferi Way is a home located in New Castle County with nearby schools including North Star Elementary School, Dupont (H.B.) Middle School, and Dickinson (John) High School.

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