NOT LISTED FOR SALE

Estimated Value: $1,526,000 - $1,858,846

4 Beds
3.5 Baths
7,608 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $1,500,000 $197 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,461/month

53 Days on Market

Highlights

  • 400 Feet of Waterfront
  • 5.73 Acre Lot
  • Curved or Spiral Staircase
  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of April 2022

Welcome to 7 Pheasants Ridge South, a stunning estate nestled away in the highly desired Way Ridge development of Greenville. Spread out on almost 6 acres of scenic grounds, this property is for the homeowner that loves privacy and outdoor living. Views of the hillside can be enjoyed from the back of the home while the front shows off a beautiful stream and wooded area. This uniquely architected home includes soaring ceilings up to 30' high, skylights, huge portrait windows with 360-degree views of the surrounding nature, three fireplaces, two primary bedroom suites (nearly 1,000 sq ft each); and marble, tile, hardwood, and carpeted flooring. A grand entryway featuring a large floating curved staircase, an oversized formal living space, and an open and spacious layout makes it great for entertaining and grandeur living. The main level also includes a sitting room that could be turned into a grand library or office and a very large primary bedroom suite with a fireplace, outdoor terrace, office/nursery and oversized bathroom with a walk-in shower and soaking tub. There is a second spiral staircase off of the kitchen/dining area that takes you to the large upstairs bedrooms. Outdoor features include a covered patio off of the dining room, a large outdoor terrace at the entry and built-in fire-pit that overlooks the creek. The 1,500 sq ft walk-out basement has endless possibilities with 10' high ceilings and is already partially framed out and ready to be finished by the next owner. Included in the property is a generous amount of parking including a covered two car carport and an oversized three car garage with room above to build an upstairs workshop or apartment. Don't miss out on this once in a lifetime opportunity to live the peaceful and private lifestyle while still being within 10 minutes of downtown Wilmington, Kennett square, Newark, and Chadds Ford.

Last Agent to Sell the Property

Carly Simmons

Patterson-Schwartz - Greenville Listed on: 11/12/2021

Patterson-Schwartz - Greenville

Last Buyer's Agent

Gary Scheivert

BHHS Fox & Roach-Media License #RS-0016139

BHHS Fox & Roach-Media

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,043

Year Built

  • Built in 2004

Lot Details

  • 5.73 Acre Lot
  • Lot Dimensions are 156.60 x 711.10
  • 400 Feet of Waterfront
  • Creek or Stream
  • Property is in excellent condition
  • Property is zoned SE

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Dual Staircase
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 3 Fireplaces
  • Double Sided Fireplace
  • Marble Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Family Room Off Kitchen
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Water Access

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • 200+ Amp Service
  • Well
  • Propane Water Heater
  • On Site Septic

Community Details

  • Way Ridge Subdivision

Listing and Financial Details

  • Tax Lot 018
  • Assessor Parcel Number 07-016.00-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,043

Year Built

Built in 2004

Lot Details

0

HOA Fees

$54 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Tile/Brick, Marble, Carpet, Hardwood
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In, Additional Stairway, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Curved Staircase, Double/Dual Staircase, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting, Skylight(s), Soaking Tub, Spiral Staircase, Walk-In Closet(s), Wood Floors, Kitchen - Gourmet, Attic
  • Fireplace Features: Double Sided, Gas/Propane, Marble, Mantel(s)
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 13
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Main Floor
  • Total Sq Ft: 7608
  • Living Area Sq Ft: 7608
  • Price Per Sq Ft: 237.17
  • Above Grade Finished Sq Ft: 6725
  • Below Grade Finished Sq Ft: 883
  • Total Below Grade Sq Ft: 883
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

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
  • Construction Materials: Stucco
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 400

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Oversized, Covered Parking
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers, 200+ Amp Service
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 650.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 5.73
  • Lot Dimensions: 156.60 x 711.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 249599.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: SE
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 10507.00
  • Tax Annual Amount: 14043.00
  • Assessor Parcel Number: 07-016.00-018
  • Tax Lot: 018
  • Tax Total Finished Sq Ft: 7608
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/11/2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Apr 11, 2022
Sold by
Simmons and Arij
Bought by
Gong Yanzhi and Jin Hongjie
Seller's Agent
Carly Simmons
Patterson-Schwartz - Greenville
Buyer's Agent
Gary Scheivert
BHHS Fox & Roach-Media
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%
Current Estimated Value
$1,669,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,389
Avg. Annual Appreciation
0.03%
Original Mortgage
$1,050,000
Outstanding Balance
$998,737
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$503,021

Purchase Details

Listed on
Dec 9, 2016
Closed on
Mar 21, 2017
Sold by
U S Bank National Association
Bought by
Simmons Patrick and Simmons Arij
Seller's Agent
Kathleen Pennington
RE/MAX Elite
Buyer's Agent
Gordon Powell
Weichert Realtors Cornerstone
List Price
$598,000
Sold Price
$515,000
Premium/Discount to List
-$83,000
-13.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.58%

Purchase Details

Closed on
Nov 1, 2016
Sold by
Jourdan Parvin and Jourdan Ajmal
Bought by
U S Bank N A

Purchase Details

Closed on
Aug 11, 1989
Bought by
Jourdan Ajmal and Jourdan Parvin
Source: Public Records

Range of Values:

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Average Value
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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
Gong Yanzhi -- None Listed On Document
Simmons Patrick $515,000 None Available
U S Bank N A $630,000 None Available
Jourdan Ajmal $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gong Yanzhi $1,050,000
Previous Owner Simmons Arij $443,350
Previous Owner Simmons Patrick $453,075
Previous Owner Jourdan Ajmal $553,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $1,500,000 -6.0% $197 / Sq Ft
11/12/2021 11/12/21 For Sale $1,595,000 +209.7% $210 / Sq Ft
03/24/2017 03/24/17 Sold $515,000 -4.3% $77 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
01/05/2017 01/05/17 Price Changed $538,200 -10.0% $80 / Sq Ft
12/09/2016 12/09/16 For Sale $598,000 -- $89 / 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 $15,733 $425,800 $117,900 $307,900
2023 $13,879 $425,800 $117,900 $307,900
2022 $14,044 $425,800 $117,900 $307,900
2021 $14,043 $425,800 $117,900 $307,900
2020 $14,089 $425,800 $117,900 $307,900
2019 $14,067 $425,800 $117,900 $307,900
2018 $13,787 $425,800 $117,900 $307,900
2017 $13,007 $425,800 $117,900 $307,900
2016 $13,007 $425,800 $117,900 $307,900
2015 $12,187 $425,800 $117,900 $307,900
2014 $11,278 $425,800 $117,900 $307,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2010408

Bright MLS

APN: 07-016.00-018