NOT LISTED FOR SALE

707 Pine Ridge Ln Hockessin, DE 19707

Estimated Value: $653,000 - $734,000

4 Beds
2.5 Baths
2,825 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $540,000 $191 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,224/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • 1 Fireplace
  • Dupont (H.B.) Middle School Rated A
  • Whirlpool Bathtub
  • No HOA

About This Home

As of October 2022

Love a peaceful setting convenient to everything yet feeling like you're miles away on a mountain vacation? Then you must tour this property. Located in the heart of Hockessin, this two story home is situated on a spectacular one acre lot. As you enter the driveway you are greeted by mature natural landscaping that continues as you move toward the home. A stacked stone retaining wall adds to the beauty as you approach the front door. A beautiful paver patio and walkway lead your guests to the front door while a turned 2 car garage gives owners access to a mud/laundry room. The interior has been meticulously maintained and well updated. As you enter this center hall colonial, the foyer is flanked by living & dining rooms that offer an abundance of living space. Both these rooms have natural lighting through large bay windows facing the front landscaping. A stunning stone fireplace with a built in corner cabinet adds both charm & function to the family room. Adjoining the family room is a bright oversized eat-in kitchen. This kitchen has an island, ample cabinets with plenty of storage and a custom stacked stone backsplash. The living & family rooms can be separated by glass pocket doors or keep them open to create fantastic flow. With more and more people working from home, the option of closing off a room with pocket doors seems like a true gem. Along the rear of the home, spanning the entire width, is an oversized two tier deck. From this deck, the views are spectacular and you are immersed in natural beauty. Look down the ridge or take a walk along the paths, this is truly mother nature at her finest. The second floor of this home offers four bedrooms, each with ceiling fans & switched outlets. The master bedroom has an impressive custom tile en suite tastefully done with neutral tones. It is possibly the show stopper of this property. The other three bedrooms are also generously sized. The lower level is a full walk out with french doors. It could easily be finished off to add even more living space. The updates for this home include newer windows, both well & hot water heater are just a few years , and the HVAC is just 5 years young. A completely new septic system was installed in 2020 which gives new buyers complete peace of mind they will not have to incur this huge expense down the road.

Last Agent to Sell the Property

Carmela Barletto

RE/MAX Elite Listed on: 08/25/2022

RE/MAX Elite

Last Buyer's Agent

Donna Marshall

RE/MAX Point Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,844

Year Built

  • Built in 1972

Lot Details

  • 1 Acre Lot
  • Wooded Lot
  • Property is zoned NC40

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,825 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Valley View Subdivision

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 08-004.00-163

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,844

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, washer/dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-08-25
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Remarks Public: Love a peaceful setting convenient to everything yet feeling like you're miles away on a mountain vacation? Then you must tour this property. Located in the heart of Hockessin, this two story home is situated on a spectacular one acre lot. As you enter the driveway you are greeted by mature natural landscaping that continues as you move toward the home. A stacked stone retaining wall adds to the beauty as you approach the front door. A beautiful paver patio and walkway lead your guests to the front door while a turned 2 car garage gives owners access to a mud/laundry room. The interior has been meticulously maintained and well updated. As you enter this center hall colonial, the foyer is flanked by living & dining rooms that offer an abundance of living space. Both these rooms have natural lighting through large bay windows facing the front landscaping. A stunning stone fireplace with a built in corner cabinet adds both charm & function to the family room. Adjoining the family room is a bright oversized eat-in kitchen. This kitchen has an island, ample cabinets with plenty of storage and a custom stacked stone backsplash. The living & family rooms can be separated by glass pocket doors or keep them open to create fantastic flow. With more and more people working from home, the option of closing off a room with pocket doors seems like a true gem. Along the rear of the home, spanning the entire width, is an oversized two tier deck. From this deck, the views are spectacular and you are immersed in natural beauty. Look down the ridge or take a walk along the paths, this is truly mother nature at her finest. The second floor of this home offers four bedrooms, each with ceiling fans & switched outlets. The master bedroom has an impressive custom tile en suite tastefully done with neutral tones. It is possibly the show stopper of this property. The other three bedrooms are also generously sized. The lower level is a full walk out with french doors. It could easily be finished off to add even more living space. The updates for this home include newer windows, both well & hot water heater are just a few years , and the HVAC is just 5 years young. A completely new septic system was installed in 2020 which gives new buyers complete peace of mind they will not have to incur this huge expense down the road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Whirlpool/Hottub
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Walkout Level
  • Laundry Type: Main Floor
  • Total Sq Ft: 2825
  • Living Area Sq Ft: 2825
  • Price Per Sq Ft: 187.26
  • Above Grade Finished Sq Ft: 2825
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 707

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick
  • 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
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: 90% Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 116300.00
  • Land Assessed Value: 30100.00
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 1.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Year Assessed: 2020
  • Zoning: NC40
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2264331
  • School Tax: 3629.00
  • Tax Annual Amount: 4844.00
  • Assessor Parcel Number: 08-004.00-163
  • Tax Lot: 163
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/13/2022

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 13, 2022
Sold by
Vernon Sean M and Vernon Camille
Bought by
Marshall Matthew R and Fulton Sarah G
Seller's Agent
Carmela Barletto
RE/MAX Elite
Buyer's Agent
Donna Marshall
RE/MAX Point Realty
List Price
$529,000
Sold Price
$540,000
Premium/Discount to List
$11,000
2.08%
Views
24
Current Estimated Value
$693,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,802
Avg. Annual Appreciation
8.39%
Original Mortgage
$513,000
Outstanding Balance
$496,574
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$185,562

Purchase Details

Listed on
Aug 9, 2020
Closed on
Oct 9, 2020
Sold by
Koss Jerome
Bought by
Vernon Sean M and Brito Camille
Seller's Agent
Carmela Barletto
RE/MAX Elite
Buyer's Agent
Denise Hoban
Long & Foster Real Estate, Inc.
List Price
$464,000
Sold Price
$464,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$440,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2003
Sold by
Ackerman Thomas J and Ackerman Sybil S
Bought by
Koss Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
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
Marshall Matthew R -- --
Vernon Sean M -- None Available
Koss Jerome $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Matthew R $513,000
Previous Owner Vernon Sean M $440,800
Previous Owner Koss Jerome $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $540,000 +2.1% $191 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $529,000 +14.0% $187 / Sq Ft
10/09/2020 10/09/20 Sold $464,000 0.0% $164 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/09/2020 08/09/20 For Sale $464,000 -- $164 / 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 $5,409 $146,400 $30,100 $116,300
2023 $4,772 $146,400 $30,100 $116,300
2022 $4,829 $146,400 $30,100 $116,300
2021 $4,792 $146,400 $30,100 $116,300
2020 $4,844 $146,400 $30,100 $116,300
2019 $4,837 $146,400 $30,100 $116,300
2018 $0 $146,400 $30,100 $116,300
2017 -- $146,400 $30,100 $116,300
2016 -- $146,400 $30,100 $116,300
2015 -- $146,400 $30,100 $116,300
2014 -- $146,400 $30,100 $116,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2030038

Bright MLS

APN: 08-004.00-163