NOT LISTED FOR SALE

702 Lora Ln Hockessin, DE 19707

Estimated Value: $775,000 - $828,040

4 Beds
3.5 Baths
4,875 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $510,000 $105 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,875/month

2 Days on Market

Highlights

  • Pool and Spa
  • Eat-In Gourmet Kitchen
  • Cape Cod Architecture
  • North Star Elementary School Rated A
  • Open Floorplan
  • Deck

About This Home

As of December 2019

Located in the most desirable Red Clay School District feeder pattern and close to all of the wonderful shops and restaurants in Hockessin with easy access to Rt 1, Wilmington, Newark and Philadelphia, this executive home is a rare gem. From the moment you approach the home, you will love the beautiful brick exterior and lovely front porch, made for those evenings when you want to sit outside and enjoy socializing with your neighbors. The back yard is an entertainment paradise complete with a spectacular pool house which has a full bar, refrigerator, half bath, and separate storage area, perfect for entertaining poolside. The gorgeous swimming pool has a built in spa and generously sized deck for lounging. There is an actual maintenance free deck and enclosed 3 season room for further enjoying the beautifully landscaped backyard oasis. The improvements and upgrades don't stop there. Once inside you will love the gorgeous hardwood floors throughout, the lovely formal living and dining rooms and the OPEN CONCEPT kitchen/family room area which boasts cherry cabinets, a lovely eat around island with cooktop, a double wall oven and a generously sized breakfast room. The family room has a wonderful gas burning fireplace and stunning views of the outdoor wonderland just beyond. The mud room and garage entrance are conveniently located just off the kitchen. Most appealing is the double master bedroom set up in the home. The first master bedroom is on the main floor with sliding door access to the deck and pool area just beyond as well as a wonderfully updated master bathroom and generously sized closets. Upstairs, there are two additional completely updated and upgraded bathrooms and a wonderful master bedroom set up with a complete bedroom/den/sitting area that leads to the second master bedroom just beyond, complete with a huge walk in closet that has a spectacular built in closet organizer with lovely barn doors that bring rustic charm to the space. There are two additional full bedrooms on the upper level. The lower level has a huge finished great room which can be used as a media room and an unfinished utility and storage space. Complete basement waterproofing finished 6-2019; New HVAC installed for upstairs master bedroom suite 2017 to make for two zone heating and cooling; newer roof; and too many smart home features to list. This home is truly special and has been converted into the smart home that today's buyers desire and a wonderful place to entertain and call home. Be sure to put this on your tour today! It is one of the most upgraded and teched out properties on the market.

Last Agent to Sell the Property

Sophia Bilinsky

BHHS Fox & Roach-Kennett Sq License #5000504 Listed on: 10/07/2019

BHHS Fox & Roach-Kennett Sq

Last Buyer's Agent

Matt Fetick

EXP Realty, LLC License #RS-0019528

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,121

Year Built

  • Built in 1988

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 123.10 x 168.80
  • Partially Fenced Property
  • Privacy Fence
  • Extensive Hardscape
  • Property is zoned NC21

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 5 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 4,875 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • 1 Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Gourmet Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Pool

  • Pool and Spa
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Exterior Lighting
  • Outbuilding

Schools

  • North Star Elementary School
  • Dupont H Middle School
  • Alexis I. Dupont High School

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Natural Gas Water Heater

Community Details

  • Deerfield Subdivision

Listing and Financial Details

  • Tax Lot 118
  • Assessor Parcel Number 08-007.10-118

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,121

Year Built

Built in 1988

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Upstairs Curtains and basement cat gym
  • Inclusions: bird bath & feeders, flower planters, compost bin, shepherds hooks, pool house fridge & shelves, pool supplies
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1988
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 3, Bedroom 4, Kitchen, Family Room, Breakfast Room, Sun/Florida Room, Great Room, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Basement Finished Percent: 75.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 4875
  • Living Area Sq Ft: 4875
  • Price Per Sq Ft: 102.36
  • Above Grade Finished Sq Ft: 4875
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 702

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: Brick, Vinyl Siding, Aluminum Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outbuilding(s)
  • Pool Features: Fenced, Gunite, In Ground, Pool/Spa Combo
  • Spa: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 5
  • Parking Features: Asphalt Driveway
  • Garage Features: Additional Storage Area, Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: NORTH STAR
  • Middle School: DUPONT H
  • 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: NORTH STAR
  • High School: ALEXIS I. DUPONT
  • Middle Or Junior School: DUPONT H

Lot Info

  • Fencing: Partially, Privacy
  • Lot Size Acres: 0.51
  • Lot Dimensions: 123.10 x 168.80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22216.00
  • Outdoor Living Structures: Deck(s), Enclosed, Porch(es)
  • Year Assessed: 2019
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3842.00
  • Tax Annual Amount: 5121.00
  • Assessor Parcel Number: 08-007.10-118
  • Tax Lot: 118
  • Tax Total Finished Sq Ft: 4875
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 12/06/2019

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 21, 2019
Sold by
Franck Susan B and Lister Kevin A
Bought by
Holmes Benjamin A and Dixon Dawn R
Seller's Agent
Sophia Bilinsky
BHHS Fox & Roach-Kennett Sq
Buyer's Agent
Matt Fetick
EXP Realty, LLC
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%
Current Estimated Value
$798,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,260
Avg. Annual Appreciation
7.67%
Original Mortgage
$284,000
Outstanding Balance
$200,697
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$575,222

Purchase Details

Listed on
May 18, 2015
Closed on
Jul 6, 2015
Sold by
Garber Darlene H
Bought by
Frank Susan D and Lister Kevin A
Seller's Agent
Darlene Garber
BHHS Fox & Roach - Hockessin
Buyer's Agent
Patricia Kehrer
Crown Homes Real Estate
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.14%
Original Mortgage
$388,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 23, 2002
Sold by
Hiles Darlene L and Garber Darlene H
Bought by
Garber Darlene H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

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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
Holmes Benjamin A -- None Available
Frank Susan D $485,000 None Available
Garber Darlene H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Benjamin A $284,000
Previous Owner Frank Susan D $388,000
Previous Owner Garber Darlene H $287,000
Previous Owner Garber George C $150,000
Previous Owner Garber Darlene H $150,000
Previous Owner Garber Darlene H $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $510,000 +2.2% $105 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $499,000 +2.9% $102 / Sq Ft
07/06/2015 07/06/15 Sold $485,000 -2.0% $155 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
05/29/2015 05/29/15 Price Changed $495,000 -1.0% $158 / Sq Ft
05/18/2015 05/18/15 For Sale $499,900 -- $160 / 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 $5,938 $155,000 $28,400 $126,600
2023 $5,266 $155,000 $28,400 $126,600
2022 $5,295 $155,000 $28,400 $126,600
2021 $5,289 $155,000 $28,400 $126,600
2020 $5,291 $155,000 $28,400 $126,600
2019 $5,605 $155,000 $28,400 $126,600
2018 $149 $155,000 $28,400 $126,600
2017 $4,887 $155,000 $28,400 $126,600
2016 $4,887 $155,000 $28,400 $126,600
2015 $4,145 $139,900 $28,400 $111,500
2014 $3,851 $139,900 $28,400 $111,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC488428

Bright MLS

APN: 08-007.10-118