NOT LISTED FOR SALE

7550 Lancaster Pike Hockessin, DE 19707

Estimated Value: $405,000 - $457,696

3 Beds
2.5 Baths
1,775 Sq Ft
$246/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $262,000 $148 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,561/month

Highlights

  • 1.04 Acre Lot
  • Deck
  • Rambler Architecture
  • North Star Elementary School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of November 2017

Looking for an affordable home on a large lot in Hockessin? Look no more. Sitting high on a hill above "downtown" Hockessin find this cozy ranch home with level, wooded lot. The open layout fits the modern lifestyle and the finished basement is a blank pallet for the new owner to transform it into whatever fits their needs. The family room features sliders to a large rear deck, great for cookouts and entertaining. The living area features gleaming hardwood floors and the open kitchen features updated cabinets and appliances with durable tile floor. The lower level has a brick fireplace and the potential to be turned into an in-law suite with minor upgrades. The lower level half bath could easily be converted into a full bath. The home features newer gas fired HVAC, new central A/C unit and newer electric hot water heater. Outside is a nicely landscaped yard with a fire pit. There is a newer roof with a transferable warranty. Owner is in the process of working with DNREC and New Castle County on septic system improvements to meet the new septic regulations. Owner is a DE Licensed Real Estate Agent. Be sure to put this home on your tour.

Last Agent to Sell the Property

Edward Rowles

(302) 562-4580 erowles@comcast.net Coldwell Banker Realty License #RS281284 Listed on: 04/06/2017

Coldwell Banker Realty

Last Buyer's Agent

Lauren Jones

(302) 540-1513 jlauren7777@gmail.com Tesla Realty Group, LLC License #5010301

Tesla Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,355

Year Built

  • Built in 1964

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 229x200
  • Sloped Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned NC21

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,775 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Brick Fireplace
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Game Room
  • Built-In Range
  • Laundry Room

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Finished Basement

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

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Hot Water Heating System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 08-007.20-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,355

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Personal Property Of Seller
  • Inclusions: Washer/Dryer, Range, Refrigerator, Ceiling Fans All "As-Is"
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Dining Area
  • Window Features: Replacement
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Game Room, Family Room, Bedroom 1, Laundry, Bonus Room
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1775
  • Living Area Sq Ft: 1775
  • Net Sq Ft: 1775.00
  • Price Per Sq Ft: 154.87
  • Above Grade Finished Sq Ft: 1775
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7550

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding, Stone
  • Access To Pool: No
  • Roof: Pitched, 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
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached 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: Hot Water
  • 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

Lot Info

  • Lot Features: Sloping, Trees/Wooded, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.04
  • Lot Dimensions: 229X200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45302.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2355.00
  • Assessor Parcel Number: 08-007.20-002
  • Tax Lot: 002
  • Tax Year: 2016
  • Close Date: 11/14/2017

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Nov 8, 2017
Sold by
Duncan Jimmie Boyd and Duncan Leshia Yoyce
Bought by
Dileonardo Joseph R
Seller's Agent
Edward Rowles
Coldwell Banker Realty
Buyer's Agent
Lauren Jones
Tesla Realty Group, LLC
List Price
$274,900
Sold Price
$262,000
Premium/Discount to List
-$12,900
-4.69%
Current Estimated Value
$436,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,674
Avg. Annual Appreciation
6.68%
Original Mortgage
$274,956
Outstanding Balance
$234,241
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$202,433

Purchase Details

Closed on
May 20, 2015
Bought by
Duncan Jimmie Boyd and Duncan Leshia Joyce

Purchase Details

Closed on
Mar 7, 2011
Sold by
Swigart Barbara J
Bought by
Duncan Jimmie Boyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,521
Interest Rate
3.49%
Mortgage Type
FHA
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
Dileonardo Joseph R -- None Available
Duncan Jimmie Boyd -- --
Duncan Jimmie Boyd -- --
Duncan Jimmie Boyd $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dileonardo Joseph R $274,956
Previous Owner Duncan Jimmie Boyd $173,521
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2017 11/14/17 Sold $262,000 -4.7% $148 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $274,900 -- $155 / 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 $2,849 $77,100 $19,000 $58,100
2023 $2,513 $77,100 $19,000 $58,100
2022 $2,543 $77,100 $19,000 $58,100
2021 $2,543 $77,100 $19,000 $58,100
2020 $2,551 $77,100 $19,000 $58,100
2019 $2,547 $77,100 $19,000 $58,100
2018 $2,496 $77,100 $19,000 $58,100
2017 $2,466 $77,100 $19,000 $58,100
2016 $2,355 $77,100 $19,000 $58,100
2015 $2,207 $77,100 $19,000 $58,100
2014 $2,042 $77,100 $19,000 $58,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000323171

Bright MLS

APN: 08-007.20-002