NOT LISTED FOR SALE

741 Gateway Rd Hockessin, DE 19707

Estimated Value: $553,000 - $634,000

3 Beds
5 Baths
2,221 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $392,500 $177 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,763/month

93 Days on Market

Highlights

  • Second Garage
  • Deck
  • Cathedral Ceiling
  • Dupont (H.B.) Middle School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of October 2017

Come experience this quality built custom contemporary "tree-house" in the established Hockessin community of Gateway Farms. Perched on a landscaped hillside 3/4 + acre lot, this one-of-a-kind home is looking for just the right person. Enjoy the quiet hillside splendor from your private deck off the master suite; perhaps after a relaxing hot-tub excursion or master bedroom fireside chat... This truly special home has gorgeous wood accents & floors, a sky-lit sunken living room with dramatic vaulted ceiling, recessed lighting and wood burning fireplace, a cozy 3 season room with updated Andersen sliders and windows off the formal dining room, and an eat in kitchen that is highlighted by a wonderful stone fireplace. The family room off the kitchen has a perfect tucked away wet-bar for all your entertaining needs. The main level also boasts a convenient first floor bedroom with private bath, and an adjacent hallway powder room. The second floor loft / office area, extra bedroom, 2 walk in closets, hall bath and custom master retreat complete the unique design / floor plan. The lower level features a work shop, another powder room, plenty of storage and access to the garage. For the auto enthusiast or tinkerer, there is a huge detached 3-car garage (car lifts included). This wonderful home located near the end of the cul-de-sac also boasts a newer "high E" gas system, new storm & rear doors, public utilities and so many special features and nuances...be daring, come take a look!!

Last Agent to Sell the Property

Timothy Lukk

VRA Realty Listed on: 05/22/2017

Last Buyer's Agent

Sonny Reeves

Patterson-Schwartz - Greenville License #531604

Patterson-Schwartz - Greenville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,953

Year Built

  • Built in 1987

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 84x191
  • Sloped Lot
  • Property is in good condition
  • Property is zoned NC21

Parking

  • 2 Car Direct Access Garage
  • Second Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub
  • Walk-in Shower

Unfinished Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Gateway Farms Subdivision

Listing and Financial Details

  • Tax Lot 085
  • Assessor Parcel Number 08-013.30-085

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,953

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Appliances, Car Lifts
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1987
  • Remarks Public: Come experience this quality built custom contemporary "tree-house" in the established Hockessin community of Gateway Farms. Perched on a landscaped hillside 3/4 + acre lot, this one-of-a-kind home is looking for just the right person. Enjoy the quiet hillside splendor from your private deck off the master suite; perhaps after a relaxing hot-tub excursion or master bedroom fireside chat... This truly special home has gorgeous wood accents & floors, a sky-lit sunken living room with dramatic vaulted ceiling, recessed lighting and wood burning fireplace, a cozy 3 season room with updated Andersen sliders and windows off the formal dining room, and an eat in kitchen that is highlighted by a wonderful stone fireplace. The family room off the kitchen has a perfect tucked away wet-bar for all your entertaining needs. The main level also boasts a convenient first floor bedroom with private bath, and an adjacent hallway powder room. The second floor loft / office area, extra bedroom, 2 walk in closets, hall bath and custom master retreat complete the unique design / floor plan. The lower level features a work shop, another powder room, plenty of storage and access to the garage. For the auto enthusiast or tinkerer, there is a huge detached 3-car garage (car lifts included). This wonderful home located near the end of the cul-de-sac also boasts a newer "high E" gas system, new storm & rear doors, public utilities and so many special features and nuances...be daring, come take a look!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Skylight(s), Ceiling Fan(s), Attic/House Fan, Whirlpool/Hottub, Wet/Dry Bar, Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Sun/Florida Room
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Basement
  • Street Number Modifier: 741

Beds/Baths

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

Exterior Features

  • Other Structures: 2nd Garage
  • Other Structures List: 2nd Garage
  • Construction Materials: Wood Siding
  • Access To Pool: No
  • Roof: Shingle
  • 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: Inside Access, Garage Door Opener, Oversized
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 104000.00
  • Land Assessed Value: 25400.00
  • Lot Features: Sloping
  • Lot Size Acres: 0.81
  • Lot Dimensions: 84X191
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35284.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2267207
  • Tax Annual Amount: 3953.00
  • Assessor Parcel Number: 08-013.30-085
  • Tax Lot: 085
  • Tax Year: 2016
  • Close Date: 10/27/2017

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Oct 20, 2017
Sold by
Itin James P
Bought by
Corlett Andrew
Seller's Agent
Timothy Lukk
VRA Realty
Buyer's Agent
Sonny Reeves
Patterson-Schwartz - Greenville
List Price
$425,000
Sold Price
$392,500
Premium/Discount to List
-$32,500
-7.65%
Total Days on Market
93
Current Estimated Value
$599,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,847
Avg. Annual Appreciation
5.99%
Original Mortgage
$314,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Corlett Andrew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corlett Andrew $296,000
Closed Corlett Andrew $314,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2017 10/27/17 Sold $392,500 -7.6% $177 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $425,000 -- $191 / 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 $4,781 $129,400 $25,400 $104,000
2023 $4,218 $129,400 $25,400 $104,000
2022 $4,268 $129,400 $25,400 $104,000
2021 $4,268 $129,400 $25,400 $104,000
2020 $4,282 $129,400 $25,400 $104,000
2019 $4,517 $129,400 $25,400 $104,000
2018 $4,190 $129,400 $25,400 $104,000
2017 $3,739 $129,400 $25,400 $104,000
2016 $3,453 $129,400 $25,400 $104,000
2015 $3,204 $129,400 $25,400 $104,000
2014 $2,927 $129,400 $25,400 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000445701

Bright MLS

APN: 08-013.30-085