NOT LISTED FOR SALE

7 Spring Valley Ln Hockessin, DE 19707

Estimated Value: $812,003 - $908,000

5 Beds
3.5 Baths
3,325 Sq Ft
$263/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $549,000 $165 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,255/month

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • North Star Elementary School Rated A
  • Cathedral Ceiling
  • Tennis Courts

About This Home

As of March 2013

Beautiful 5 bedroom, 3.5 bath home in desireable Hockessin Chase . Foyer with hardwood floors, beautiful kitchen with hardwood floors, new granite countertops, 42" cabinets, updated appliances and island breakfast bar. Family room offers stunning stone fireplace, cathedral ceiling as well as a rear staircase. Finished basement with a full bath, 5th bedroom and Game Room. Master bedroom suite with sitting area, huge walk-in closet, dressing area and Jacuzzi tub. This freshly painted home includes a Trex deck and lovely brick patio. Great location within the community, quiet street, only a couple doors from the Tot Lot and tennis court.

Last Agent to Sell the Property

Stephen Crifasi

(302) 743-8172 scrifasi@psre.com Patterson-Schwartz - Greenville Listed on: 02/01/2013

Patterson-Schwartz - Greenville

Last Buyer's Agent

Ping Xu

(302) 743-3604 pingxul@yahoo.com RE/MAX Edge License #RA-0030970

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,678

Year Built

  • Built in 2002

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 135 x 129
  • Level Lot
  • Property is in good condition
  • Property is zoned NC21

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,325 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Stone Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on main level

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08-018.40-059

Community Details

Overview

  • Association fees include common area maintenance
  • Hockessin Chase Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,678

Year Built

Built in 2002

Lot Details

0

HOA Fees

$29 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2002
  • Remarks Public: Beautiful 5 bedroom, 3.5 bath home in desireable Hockessin Chase . Foyer with hardwood floors, beautiful kitchen with hardwood floors, new granite countertops, 42" cabinets, updated appliances and island breakfast bar. Family room offers stunning stone fireplace, cathedral ceiling as well as a rear staircase. Finished basement with a full bath, 5th bedroom and Game Room. Master bedroom suite with sitting area, huge walk-in closet, dressing area and Jacuzzi tub. This freshly painted home includes a Trex deck and lovely brick patio. Great location within the community, quiet street, only a couple doors from the Tot Lot and tennis court.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Stone, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3325
  • Living Area Sq Ft: 3325
  • Net Sq Ft: 3325.00
  • Price Per Sq Ft: 172.93
  • Above Grade Finished Sq Ft: 3325
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • 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
  • Open Parking Spaces Count: 3
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.30
  • Lot Dimensions: 135 X 129
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2268828
  • Tax Annual Amount: 4678.00
  • Assessor Parcel Number: 08-018.40-059
  • Tax Year: 2012
  • Close Date: 03/29/2013

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Mar 29, 2013
Sold by
Homer Jason A and Ciconte Kimberly A
Bought by
Peng Shufu
Seller's Agent
Stephen Crifasi
Patterson-Schwartz - Greenville
Buyer's Agent
Ping Xu
RE/MAX Edge
List Price
$575,000
Sold Price
$549,000
Premium/Discount to List
-$26,000
-4.52%
Current Estimated Value
$874,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,001
Avg. Annual Appreciation
3.78%
Original Mortgage
$417,000
Outstanding Balance
$295,542
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$578,459

Purchase Details

Closed on
Jun 15, 2005
Sold by
Choe Michael Youg Chol and Choe Rosa
Bought by
Homer Jason A and Ciconte Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
5.78%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 7, 2003
Sold by
Choe Michael Yong Chol and Choe Rosa
Bought by
Choe Michael Yong Chol and Choe Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,200
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2002
Sold by
Hockessin Chase Lp
Bought by
Choe Yong Chol and Choe Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.88%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Peng Shufu $549,000 None Available
Homer Jason A $599,900 --
Choe Michael Yong Chol -- --
Choe Yong Chol $401,975 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peng Shufu $417,000
Previous Owner Homer Jason A $479,200
Previous Owner Choe Michael Yong Chol $290,200
Previous Owner Choe Yong Chol $300,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $549,000 -4.5% $165 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $575,000 -- $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 $6,892 $179,900 $21,300 $158,600
2023 $6,112 $179,900 $21,300 $158,600
2022 $6,146 $179,900 $21,300 $158,600
2021 $6,139 $179,900 $21,300 $158,600
2020 $6,141 $179,900 $21,300 $158,600
2019 $6,441 $179,900 $21,300 $158,600
2018 $6,034 $179,900 $21,300 $158,600
2017 $5,963 $179,900 $21,300 $158,600
2016 $5,672 $179,900 $21,300 $158,600
2015 $5,330 $179,900 $21,300 $158,600
2014 $4,952 $179,900 $21,300 $158,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003320382

Bright MLS

APN: 08-018.40-059