Seller's Agent in 2020
Jan Patrick
Compass
(484) 883-4532
5 in this area
220 Total Sales
8 Mill Race Rd Wilmington, DE 19810
Estimated Value: $590,000 - $931,000
4
Beds
3.5
Baths
--
Sq Ft
0.92
Acres
Highlights
- 0.92 Acre Lot
- Colonial Architecture
- Den
- Concord High School Rated A-
- No HOA
- 3 Car Attached Garage
About This Home
As of July 2020Visit this home virtually: http://www.vht.com/433889086/IDXS - Priced well below home's appraised value. Perfectly nestled on nearly an acre in a beautiful park-like setting, this home s stunning architecture is perfectly complemented by the surrounding landscape. Upon entering the foyer, beautiful wood floors and 9 ceilings set the stage for quality without compromise that is demonstrated throughout. The interiors provide an elegant retreat, with neutral, light colors and a seamless union of indoor and outdoor spaces. The kitchen is any chef s dream, with 5-burner gas cook-top, double wall ovens, 42 Century cabinets, granite countertops, and tile backsplash. Open to the kitchen, the family room boasts fireplace, large windows, vaulted ceiling, and A/V equipment. Sliding glass doors lead to an incredibly private deck with views of the wooded yard. Upstairs, the private owner s suite is sure to impress. This quiet retreat is comprised of a main room, sitting room, bonus room, and two walk-in closets. The luxurious master bath features dual vanities, jetted soaking tub, and large tile shower. Three additional bedrooms and two full baths complete the upper level. Indeed, there is no lack of space in this home as it also includes formal living and dining rooms, the main level study, 3 car turned garage, and an unfinished walk-out lower level with 9 ceilings and plumbed for a full bath. Located just minutes from downtown Wilmington, and quick direct access to the Philadelphia Airport. **** All stucco surfaces have been replaced with James Hardie siding. ***
Last Agent to Sell the Property
(484) 883-4532 jan@janpatrick.com Compass License #RS-0009488 Listed on: 08/09/2019
Last Buyer's Agent
Stephen Mottola
(302) 437-6600 stephen@mottolagroup.com Long & Foster Real Estate, Inc.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,554
Year Built
- Built in 2004
Lot Details
- 0.92 Acre Lot
- Property is zoned NC15
Parking
- 3 Car Attached Garage
- Side Facing Garage
Home Design
- Colonial Architecture
- Traditional Architecture
- Stone Siding
- HardiePlank Type
Interior Spaces
- Property has 2 Levels
- Family Room
- Living Room
- Dining Room
- Den
- Unfinished Basement
- Walk-Out Basement
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Forwood Elementary School
- Talley Middle School
- Concord High School
Utilities
- 90% Forced Air Heating and Cooling System
- Heating System Powered By Owned Propane
- Public Septic
Community Details
- No Home Owners Association
- Highland Woods Subdivision
Listing and Financial Details
- Assessor Parcel Number 06-045.00-090
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2019
Closed on
Jul 1, 2020
Sold by
Koelsch Donald C and Koelsch Susan A
Bought by
Schillings Wendy J
Seller's Agent
Jan Patrick
Compass
Buyer's Agent
Stephen Mottola
Long & Foster Real Estate, Inc.
List Price
$769,000
Sold Price
$645,000
Premium/Discount to List
-$124,000
-16.12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,313
Avg. Annual Appreciation
4.19%
Original Mortgage
$510,000
Outstanding Balance
$452,234
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$353,079
Purchase Details
Closed on
Jul 30, 2010
Sold by
Tarabicos Joni P
Bought by
Koelsch Donald C and Koelsch Susan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 13, 2010
Sold by
Tarabicos Larry J and Tarabicos Joni P
Bought by
Tarabicos Joni P
Purchase Details
Closed on
Oct 15, 2004
Sold by
1907 Llc
Bought by
Tarabicos Larry J and Tarabicos Joni P
Purchase Details
Closed on
Oct 3, 2003
Sold by
Almond Bayard W and The Margaret S Balder Trust
Bought by
1907 Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schillings Wendy J | -- | None Available | |
| Koelsch Donald C | $715,000 | None Available | |
| Tarabicos Joni P | -- | None Available | |
| Tarabicos Larry J | $600,000 | -- | |
| 1907 Llc | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schillings Wendy J | $510,000 | |
| Previous Owner | Koelsch Donald C | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2020 07/10/20 | Sold | $645,000 | -4.4% | -- |
| 05/24/2020 05/24/20 | Pending | -- | -- | -- |
| 05/15/2020 05/15/20 | Price Changed | $675,000 | -3.6% | -- |
| 05/06/2020 05/06/20 | Price Changed | $699,900 | -1.4% | -- |
| 03/24/2020 03/24/20 | Price Changed | $709,900 | -2.1% | -- |
| 01/03/2020 01/03/20 | Price Changed | $725,000 | -4.5% | -- |
| 08/30/2019 08/30/19 | Price Changed | $759,000 | -1.3% | -- |
| 08/09/2019 08/09/19 | For Sale | $769,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,547 | $198,300 | $30,800 | $167,500 |
| 2023 | $6,897 | $198,300 | $30,800 | $167,500 |
| 2022 | $7,015 | $198,300 | $30,800 | $167,500 |
| 2021 | $7,014 | $198,300 | $30,800 | $167,500 |
| 2020 | $7,784 | $220,000 | $52,500 | $167,500 |
| 2019 | $8,081 | $220,000 | $52,500 | $167,500 |
| 2018 | $207 | $220,000 | $52,500 | $167,500 |
| 2017 | $7,318 | $220,000 | $52,500 | $167,500 |
| 2016 | $7,318 | $220,000 | $52,500 | $167,500 |
| 2015 | $6,733 | $220,000 | $52,500 | $167,500 |
| 2014 | $6,729 | $220,000 | $52,500 | $167,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jan Patrick
-
S
Buyer's Agent in 2020
Stephen Mottola
Long & Foster
-
Kristine Mottola
Buyer Co-Listing Agent in 2020
Kristine Mottola
Compass
(302) 740-5846
2 in this area
204 Total Sales
Map
Source: Bright MLS
MLS Number: DENC484738
APN: 06-045.00-090
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