NOT LISTED FOR SALE

557 Spring Hollow Dr Middletown, DE 19709

Estimated Value: $895,335 - $974,000

5 Beds
4.5 Baths
5,200 Sq Ft
$178/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $888,000 $171 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,929/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Loft
  • Mud Room
  • Silver Lake Elementary School Rated A-
  • 1 Fireplace
  • Home Office

About This Home

As of June 2023

Price Adjustment! Priced well below the appraised value, this Versailles model is only available due to a relocation. Welcome to the beautiful home at 557 Spring Hollow Drive in Parkside, Middletown, Delaware. Parkside is a charming community in the Appoquinimink school district which consists of tree-lined streets, wide sidewalks and curb appeal throughout that exudes modern and classic design. The Versailles model is one of the most grand of the designs within Parkside. Totaling over 5,200 square feet, this model is spacious and filled with light. The features include, but are not limited to the following: front porch, back porch and deck, three-car garage, beautiful landscaping, first floor office, a first floor bedroom with a full bathroom access, open floorplan (see from front door all the way into the kitchen), two story family room, second floor loft, four generous bedrooms with a total of 3 additional full bathrooms upstairs. Finished basement with lots of additional storage. Behind the kitchen is a generous mud room with an additional 1/2 bath and very large pantry. This home is perfect for entertaining. The kitchen is amazing! Stainless appliances include a double oven, microwave, refrigerator, dishwasher, disposal and granite countertops in Dallas White. A sprawling island in the kitchen with a sink! A place for a very large kitchen table too! In the family room, a stone fireplace stretches to the second floor. There is also a built in credenza. A door from the living room access your private deck. The main deck is accessible from the kitchen (both are maintenance free). Going to the second level, the loft is in the middle of the four generous sized bedrooms. All have their own ample walk-in closet space. Each of the bedrooms also have their own character. The primary suite can be a sanctuary after a long day with a tray ceiling, two walk in closets, beautiful primary bath with glass shower and subway tiles. Bathroom two also has its own full bathroom! Laundry room is also included on the second level. This home is not only beautiful but smart too! Yes, it is a smart house - such as garage doors- automatically open and close when you leave; outdoor accent lights change individual colors, timing and seasonal changes; kitchen and cabinet lights; ceiling speakers with individual wifi amps; thermostat upstairs and downstairs; sprinklers.
Last but certainly not least, the community of Parkside has first class amenities including a clubhouse, fitness center, pool, playground and tennis courts. This home and neighborhood have so much to offer. Make your appointment today.

Last Agent to Sell the Property

Kimberly Morehart

(302) 419-8901 kimberlymorehart@gmail.com Compass License #RS-0020728 Listed on: 04/13/2023

Compass

Co-Listed By

Debra Wetherby

(610) 304-5504 dlwetherby1@gmail.com Compass

Last Buyer's Agent

Kristin Lewis

(443) 350-6737 kristinshomes@hotmail.com Integrity Real Estate

Integrity Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,491

Year Built

  • Built in 2018

Lot Details

  • 0.35 Acre Lot
  • Property is zoned 23R-2

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 4 Driveway Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 5,200 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Loft
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater

Community Details

  • $1,000 Capital Contribution Fee
  • Parkside Subdivision

Listing and Financial Details

  • Tax Lot 275
  • Assessor Parcel Number 23-030.00-275

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,491

Year Built

Built in 2018

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Pirate Ship Chandelier, surround sound speakers in living room
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-04-13
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Loft, Mud Room, Office
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 5200
  • Living Area Sq Ft: 5200
  • Price Per Sq Ft: 169.23
  • Above Grade Finished Sq Ft: 5200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.35
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15246.00
  • Zoning: 23R-2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4486.00
  • Tax Annual Amount: 5491.00
  • Assessor Parcel Number: 23-030.00-275
  • Tax Lot: 275
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: APPOQUINIMINK

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jun 2, 2023
Sold by
Barnes Mitchell
Bought by
Derrickson Stephan Francis and Derrickson Judith Lyn
Seller's Agent
Kimberly Morehart
Compass
Buyer's Agent
Kristin Lewis
Integrity Real Estate
List Price
$899,999
Sold Price
$888,000
Premium/Discount to List
-$11,999
-1.33%
Views
148
Current Estimated Value
$928,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,084
Avg. Annual Appreciation
1.70%
Original Mortgage
$71,000
Interest Rate
6.35%

Purchase Details

Closed on
Oct 30, 2018
Sold by
Nvr Inc
Bought by
Barnes Mitchell and Barnes Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,884
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 27, 2018
Sold by
Parkside East Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Derrickson Stephan Francis $888,000 Kirsh Title Services
Barnes Mitchell $596,720 None Available
Nvr Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Derrickson Stephan Francis $71,000
Open Derrickson Stephan Francis $710,400
Previous Owner Barnes Mitchell $566,884
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2023 06/03/23 Price Changed $879,999 -0.9% $169 / Sq Ft
06/02/2023 06/02/23 Sold $888,000 +0.9% $171 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/27/2023 04/27/23 Price Changed $879,999 -2.2% $169 / Sq Ft
04/13/2023 04/13/23 For Sale $899,999 -- $173 / 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 $488 $162,700 $16,300 $146,400
2023 $488 $162,700 $16,300 $146,400
2022 $5,003 $162,700 $16,300 $146,400
2021 $4,893 $162,700 $16,300 $146,400
2020 $4,835 $162,700 $16,300 $146,400
2019 $4,969 $162,700 $16,300 $146,400
2018 $0 $162,700 $16,300 $146,400
2017 $29 $9,500 $9,500 $0
2016 $245 $9,500 $9,500 $0
2015 $29 $9,500 $9,500 $0
2014 $237 $9,500 $9,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2040830

Bright MLS

APN: 23-030.00-275