NOT LISTED FOR SALE

548 Ashland Ridge Rd Hockessin, DE 19707

Estimated Value: $732,000 - $793,516

4 Beds
4 Baths
3,900 Sq Ft
$196/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $533,000 $137 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,611/month

Highlights

  • 1.55 Acre Lot
  • Deck
  • Wooded Lot
  • Dupont (H.B.) Middle School Rated A
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of April 2021

Welcome to this fabulous contemporary home situated in a private woodland retreat, yet only 5 minutes from the center of Hockessin. Enjoy the beautiful woodland views as you enter the circular driveway on this 1.5 acre property. The main level opens to a sunken living room with light from the sliding doors streaming into the angles of the rooms and bamboo wood floors. A cozy wood-burning stove provides an additional heat source. Step up to the dining area with wet bar and into the eat-in kitchen with custom wood cabinets, granite counters, eat-in island and double ovens. Custom cabinetry in the breakfast area provides plentiful storage for glassware and linens. From there you have easy access to the main floor laundry room/pantry, as well as the powder room. All rooms on the main level are surrounded by glass sliding doors to the 75' deck where you can entertain all your friends! The lower level of the home is finished with a large family room, powder room and a wet bar, with recently updated granite and new sink. There is ample unfinished dry space for additional crafting or workshop. Pella sliding doors take you the brick patio with fire pit, where you can roast marshmallows or relax and watch the birds. The oversized two-car garage has significant storage with built in cupboards and an extra high ceiling for bike storage or multi-layer cars. The upper level holds 4 generous bedrooms, each with a private balcony for reading, sunning or simply watching the wildlife. The freshly painted master is large & bright with a side room that can be used as a sitting room, office or closet/dressing room. A walk-in closet and large master bath with Jacuzzi tub complete the room. The hall bath has a recently renovated walk-in shower and upgraded Carrara marble vanity top. Take note of the multi-floor copper art piece, custom built by the original owner, in the center of the stairwell. Brand new Lennox High Efficiency Furnace propane furnace installed 12/20! Other enhancements to note: New septic installed 2017 and re-certified in January! New roof sections completed just two years ago. Deck repainted last year. Granite added to kitchen this month! Much of the home repainted within last 3 years. This home is move-in ready! If you are looking for a spacious home with bright light, yet incredible privacy and easy access to Hockessin and Greenville, put this home on your showing tour today!

Last Agent to Sell the Property

Stephen Mottola

Compass License #R3-0010595 Listed on: 02/24/2021

Compass

Co-Listed By

Lynn Kuttruff

Compass License #RS-0023446

Last Buyer's Agent

Yasmin Bowman

Berkshire Hathaway HomeServices PenFed Realty License #RA-0020276

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,834

Year Built

  • Built in 1978

Lot Details

  • 1.55 Acre Lot
  • Cul-De-Sac
  • Wooded Lot
  • Property is in excellent condition
  • Property is zoned NC21

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • 4 Driveway Spaces
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,900 Sq Ft Home
  • Property has 2.5 Levels
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Patio

Schools

  • Cooke Elementary School
  • Henry B. Du Pont Middle School
  • Alexis I. Dupont High School

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ashland Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-008.40-067

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,834

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: All Personal Property
  • Historic: No
  • Inclusions: Washer, Dryer, Window Treatments, Copper Pipe Artpiece in Stairwell, Shed As-Is (including electric/water)
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-02-26
  • Federal Flood Zone: No
  • Year Built: 1978
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Welcome to this fabulous contemporary home situated in a private woodland retreat, yet only 5 minutes from the center of Hockessin. Enjoy the beautiful woodland views as you enter the circular driveway on this 1.5 acre property. The main level opens to a sunken living room with light from the sliding doors streaming into the angles of the rooms and bamboo wood floors. A cozy wood-burning stove provides an additional heat source. Step up to the dining area with wet bar and into the eat-in kitchen with custom wood cabinets, granite counters, eat-in island and double ovens. Custom cabinetry in the breakfast area provides plentiful storage for glassware and linens. From there you have easy access to the main floor laundry room/pantry, as well as the powder room. All rooms on the main level are surrounded by glass sliding doors to the 75' deck where you can entertain all your friends! The lower level of the home is finished with a large family room, powder room and a wet bar, with recently updated granite and new sink. There is ample unfinished dry space for additional crafting or workshop. Pella sliding doors take you the brick patio with fire pit, where you can roast marshmallows or relax and watch the birds. The oversized two-car garage has significant storage with built in cupboards and an extra high ceiling for bike storage or multi-layer cars. The upper level holds 4 generous bedrooms, each with a private balcony for reading, sunning or simply watching the wildlife. The freshly painted master is large & bright with a side room that can be used as a sitting room, office or closet/dressing room. A walk-in closet and large master bath with Jacuzzi tub complete the room. The hall bath has a recently renovated walk-in shower and upgraded Carrara marble vanity top. Take note of the multi-floor copper art piece, custom built by the original owner, in the center of the stairwell. Brand new Lennox High Efficiency Furnace propane furnace installed 12/20! Other enhancements to note: New septic installed 2017 and re-certified in January! New roof sections completed just two years ago. Deck repainted last year. Granite added to kitchen this month! Much of the home repainted within last 3 years. This home is move-in ready! If you are looking for a spacious home with bright light, yet incredible privacy and easy access to Hockessin and Greenville, put this home on your showing tour today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Double, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Skylight(s), Ceiling Fan(s), Exposed Beams, Wet/Dry Bar, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 3900
  • Living Area Sq Ft: 3900
  • Net Sq Ft: 3900.00
  • Price Per Sq Ft: 138.46
  • Above Grade Finished Sq Ft: 3900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 548

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Roof: Pitched, Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump - Gas Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • 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
  • Elementary School: COOKE
  • Middle School: HENRY B. DU PONT
  • High School: ALEXIS I. DUPONT
  • School District Key: 300200396545
  • Elementary School: COOKE
  • High School: ALEXIS I. DUPONT
  • Middle Or Junior School: HENRY B. DU PONT

Lot Info

  • Lot Features: Cul-De-Sac, Trees/Wooded
  • Lot Size Acres: 1.55
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 67518.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Excellent
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2265610
  • Tax Annual Amount: 4834.09
  • Assessor Parcel Number: 08-008.40-067
  • Tax Year: 2020
  • Close Date: 04/20/2021

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 20, 2021
Sold by
Le Oanh and Oanh Le Revocable Trust
Bought by
Murphy Sheryl
Seller's Agent
Stephen Mottola
Compass
Buyer's Agent
Yasmin Bowman
Berkshire Hathaway HomeServices PenFed Realty
Sold Price
$533,000
Current Estimated Value
$765,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,129
Avg. Annual Appreciation
8.60%
Original Mortgage
$300,000
Outstanding Balance
$272,244
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$492,885

Purchase Details

Closed on
Sep 19, 2018
Sold by
Le Oanh and Le Amy
Bought by
Le Oanh and Oanh Le Revocable Trust

Purchase Details

Listed on
Apr 3, 2017
Closed on
Aug 7, 2017
Sold by
Ramsaur John Barnum and Ramsaur Susan Chatterton
Bought by
Le Oanh
Seller's Agent
Stephen Mottola
Compass
Buyer's Agent
Michael Kelczewski
Monument Sotheby's International Realty
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$336,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2008
Sold by
Worrell Philip R and Worrell Kathleen H
Bought by
Ramsaur John Barnum and Ramsaur Susan Chatterton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
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
Murphy Sheryl -- None Available
Le Oanh -- None Available
Le Oanh -- None Available
Ramsaur John Barnum $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Sheryl $300,000
Previous Owner Le Oanh $336,500
Previous Owner Ramsaur John Barnum $260,000
Previous Owner Ramsaur John Barnum $50,000
Previous Owner Ramsaur John Barnum $250,000
Previous Owner Worrell Philip R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $533,000 -1.3% $137 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/24/2021 02/24/21 Price Changed $540,000 +20.0% $138 / Sq Ft
08/11/2017 08/11/17 Sold $450,000 -5.3% $115 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
05/06/2017 05/06/17 Price Changed $475,000 -4.0% $122 / Sq Ft
04/03/2017 04/03/17 For Sale $495,000 -- $127 / 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 $5,398 $146,100 $28,900 $117,200
2023 $4,762 $146,100 $28,900 $117,200
2022 $4,819 $146,100 $28,900 $117,200
2021 $4,818 $146,100 $28,900 $117,200
2020 $4,834 $146,100 $28,900 $117,200
2019 $4,827 $146,100 $28,900 $117,200
2018 $4,731 $146,100 $28,900 $117,200
2017 $4,463 $146,100 $28,900 $117,200
2016 $4,463 $146,100 $28,900 $117,200
2015 $4,182 $146,100 $28,900 $117,200
2014 $3,870 $146,100 $28,900 $117,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC521182

Bright MLS

APN: 08-008.40-067