NOT LISTED FOR SALE

544 Way Rd Wilmington, DE 19807

Ashland Neighborhood

Estimated Value: $1,164,000 - $1,334,510

4 Beds
3.5 Baths
5,289 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $730,000 $138 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,336/month

Highlights

  • Horses Allowed On Property
  • 12.26 Acre Lot
  • Barn or Farm Building
  • Pond View
  • Colonial Architecture
  • Pond

About This Home

As of August 2020

Talk about serenity! The Way House , dating back to 1860 this unique property is meticulously landscaped with a flowing pond and stream bed featuring specimen trees and native plants. Ten of the 12 plus acres have been put in conservancy with the Delaware Nature Society. Once inside the main house is an open floor plan with four levels of living and entertaining spaces plus, a main floor or second floor master suite. All rooms have beautiful views of the countryside from all the large windows and open-air covered porches at each end of the home. A lovely spacious home features high ceilings, tiled and hardwood floors, new carpeting, modern bathrooms, and a large updated kitchen. A gorgeous, private setting plus a massive renovated bank barn make this the ideal place for the car collector or car enthusiast with 4 bay doors, electricity, a walk-up second level, a wine storage or secure room, covered patio and tons of open space for hobbies, work, etc. This is a fantastic property just waiting for you to call Home .

Last Agent to Sell the Property

Joe Penzone

(610) 608-7980 jpenzone@penzonerealty.com Penzone Realty License #5004450 Listed on: 07/07/2020

Last Buyer's Agent

Michael McCullough

(302) 893-7601 mmccullough@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,803

Year Built

  • Built in 1923

Lot Details

  • 12.26 Acre Lot
  • Lot Dimensions are 818.10 x 897.60
  • Northwest Facing Home
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned SE

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Oversized Parking
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Pond
  • Garden

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Pitched Roof
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Chair Railings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Palladian Windows
  • French Doors
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Partial Basement
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Soaking Tub

Outdoor Features

  • Pond
  • Multiple Balconies
  • Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Powered By Owned Propane
  • Hot Water Heating System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Barn or Farm Building
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Owls Nest Subdivision

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 07-011.00-107

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,803

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1923
  • Automatically Close On Close Date: No
  • Remarks Public: Talk about serenity! The Way House , dating back to 1860 this unique property is meticulously landscaped with a flowing pond and stream bed featuring specimen trees and native plants. Ten of the 12 plus acres have been put in conservancy with the Delaware Nature Society. Once inside the main house is an open floor plan with four levels of living and entertaining spaces plus, a main floor or second floor master suite. All rooms have beautiful views of the countryside from all the large windows and open-air covered porches at each end of the home. A lovely spacious home features high ceilings, tiled and hardwood floors, new carpeting, modern bathrooms, and a large updated kitchen. A gorgeous, private setting plus a massive renovated bank barn make this the ideal place for the car collector or car enthusiast with 4 bay doors, electricity, a walk-up second level, a wine storage or secure room, covered patio and tons of open space for hobbies, work, etc. This is a fantastic property just waiting for you to call Home .
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Tile/Brick, Vinyl, Wood
  • Interior Amenities: Attic, Built-Ins, Ceiling Fan(s), Carpet, Chair Railings, Dining Area, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Soaking Tub, Wood Floors
  • Window Features: Palladian
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic, Bonus Room
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 5289
  • Living Area Sq Ft: 5289
  • Price Per Sq Ft: 173.77
  • Above Grade Finished Sq Ft: 4575
  • Below Grade Finished Sq Ft: 714
  • Total Below Grade Sq Ft: 714
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 544

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn/Farm Building
  • Construction Materials: Stucco
  • Roof: Pitched
  • View: Garden/Lawn, Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Garage - Side Entry, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Owned
  • Heating Type: Hot Water
  • 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
  • Elementary School: BRANDYWINE SPRINGS SCHOOL
  • Middle School: ALEXIS I. DU PONT
  • High School: ALEXIS I. DUPONT
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396545
  • School District Source: Listing Agent
  • Elementary School: BRANDYWINE SPRINGS SCHOOL
  • High School: ALEXIS I. DUPONT
  • Middle Or Junior School: ALEXIS I. DU PONT

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: Yes
  • Horse Amenities: Horses Allowed
  • Improvement Assessed Value: 119300.00
  • Land Assessed Value: 86300.00
  • Lot Features: Pond, Rear Yard, Sideyard(s), Front Yard
  • Lot Size Acres: 12.26
  • Lot Dimensions: 818.10 x 897.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 534046.00
  • Outdoor Living Structures: Porch(es), Balconies- Multiple, Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: SE
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2250103
  • School Tax: 5097.00
  • Tax Annual Amount: 6803.00
  • Assessor Parcel Number: 07-011.00-107
  • Tax Lot: 107
  • Tax Total Finished Sq Ft: 5289
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 08/27/2020

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 16, 2020
Sold by
Musumeci Joseph and Musumeci Annette
Bought by
Whitlock Nelson P and Whitlock Rachel L
Seller's Agent
Joe Penzone
Penzone Realty
Buyer's Agent
Michael McCullough
Long & Foster Real Estate, Inc.
List Price
$795,000
Sold Price
$730,000
Premium/Discount to List
-$65,000
-8.18%
Current Estimated Value
$1,251,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,170
Avg. Annual Appreciation
9.91%
Original Mortgage
$510,300
Outstanding Balance
$457,733
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$723,985

Purchase Details

Closed on
Feb 17, 1997
Bought by
Musumeci Joseph and Musumeci Annette
Source: Public Records

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
Whitlock Nelson P $730,000 None Available
Musumeci Joseph $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitlock Nelson P $510,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $730,000 -8.2% $138 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $795,000 -- $150 / 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 $8,421 $227,900 $86,300 $141,600
2023 $7,429 $227,900 $86,300 $141,600
2022 $6,781 $205,600 $86,300 $119,300
2021 $6,781 $205,600 $86,300 $119,300
2020 $6,803 $205,600 $86,300 $119,300
2019 $6,792 $205,600 $86,300 $119,300
2018 $6,657 $205,600 $86,300 $119,300
2017 -- $205,600 $86,300 $119,300
2016 -- $205,600 $86,300 $119,300
2015 $5,885 $205,600 $86,300 $119,300
2014 $5,446 $205,600 $86,300 $119,300
Source: Public Records

Agents Affiliated with this Home

  • Joe Penzone

    Seller's Agent in 2020

    Joe Penzone

    Penzone Realty

    (610) 608-7980

    40 Total Sales

    Joe Penzone
    Section Image
  • Michael McCullough

    Buyer's Agent in 2020

    Michael McCullough

    Long & Foster

    (302) 893-7601

    145 Total Sales

    Michael McCullough
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC495626

Bright MLS

APN: 07-011.00-107

Delaware New Castle County Wilmington 19807 Ashland

544 Way Rd, Wilmington, DE

This home is located at 544 Way Rd, Wilmington, DE 19807 since 07 July 2020 and is currently estimated at $1,251,170, approximately $236 per square foot. This property was built in 1923. 544 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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