NOT LISTED FOR SALE

Estimated Value: $868,000 - $1,062,000

5 Beds
5 Baths
5,430 Sq Ft
$178/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2024

Last sale price $932,298 $172 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,382 / mo

7 Days on Market

Highlights

  • Concrete Pool
  • Colonial Architecture
  • Wood Flooring
  • Kennett High School Rated A-
  • Cathedral Ceiling
  • 2 Fireplaces

About This Home

As of March 2024

Welcome to Merestone III, a distinguished development situated on the border of Delaware and Pennsylvania, just minutes away from Hockessin and Kennett Square. This exceptional residence, a fully customized contemporary colonial boasting 5 bedrooms and 5 bathrooms, spans an expansive 6245 square feet of meticulously designed living space resting on 1.29 acres spanning two states. Originally crafted and owned by a local builder, the discerning eye will immediately appreciate the intricate details upon entering the grand foyer.The interior of the home showcases refined elements such as wainscotting, cathedral ceilings, and hardwood floors that seamlessly guide you through an open-concept architectural layout. Upon entering from the main foyer, you'll find a versatile space suitable for a professional office or nursery, accompanied by a powder room and a luxurious Main Level Primary Suite. The Primary Suite is adorned with a spacious walk-in closet and an updated bathroom featuring a seamless shower and a clawfoot soaking tub.Exiting the First Floor Primary Suite, you enter a generously sized family room, ideal for relaxation or entertaining guests. This inviting space boasts cathedral ceilings, built-in shelving cabinets, a gas fireplace with a stone hearth, and an abundance of natural light. Adjacent to the family room, a chef-inspired kitchen awaits, complete with stainless steel commercial appliances, including a Wolf range, an exhaust hood, ample granite countertops, extra cabinets, and a centrally positioned kitchen island. The custom design is further enhanced by an additional wet bar and a sitting area.Ascending the second stairway located in the kitchen, you'll discover four spacious bedrooms on the upper level. Continuing through the second level, a convenient upper-level laundry room and a versatile bonus room present various possibilities, from a bedroom conversion to a craft or playroom.Descending from the balcony hallway into the fully finished basement, you encounter a home theatre area, a gym room, and a second powder room. Additional storage can be found within the utility room.Outside, the property features a recently resurfaced inground pool, an extensively hardscaped and landscaped rear yard, providing a picturesque setting for entertainment. Merestone III's prime location ensures proximity to White Clay Creek State Park, Hockessin, Kennett Square, and major transportation routes leading to Wilmington and Philadelphia. This residence offers an exquisite blend of comfort, functionality, and sophistication.

Last Agent to Sell the Property

Michael Kelczewski

(484) 367-7727 urephillyoffice@gmail.com United Real Estate Listed on: 01/30/2024

United Real Estate

Last Buyer's Agent

Lavinia Smerconish

(610) 615-5400 kenenochs@compass.com Compass RE License #RS149832A

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,008

Year Built

  • Built in 1995

Lot Details

  • 1 Acre Lot
  • Extensive Hardscape
  • Property is zoned R10 RES: 1 FARM

Parking

  • 3 Car Direct Access Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,430 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • 2 Fireplaces
  • Entrance Foyer
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Home Gym
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Six Burner Stove
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Propane Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Merestone III Subdivision

Listing and Financial Details

  • Tax Lot 0010.1400
  • Assessor Parcel Number 60-07 -0010.1400

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,008

Year Built

Built in 1995

Lot Details

1 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Theater equipment and seating. Large basement gym equipment.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Exhaust Fan, Extra Refrigerator/Freezer, Oven/Range - Gas, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Wood, Carpet
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, 2 Story Ceilings, Cathedral Ceilings, High, Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Basement, Foyer, Breakfast Room, Bedroom 1, Exercise Room, Bathroom 1, Bonus Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5430
  • Living Area Sq Ft: 5430
  • Price Per Sq Ft: 202.58
  • Above Grade Finished Sq Ft: 5430
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • Pool Features: Concrete, Fenced, In Ground
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 1.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Zoning: R10 RES: 1 FARM

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 11739.00
  • Tax Annual Amount: 14008.00
  • Assessor Parcel Number: 60-07 -0010.1400
  • Tax Lot: 0010.1400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: KENNETT CONSOLIDATED

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Mar 20, 2024
Sold by
Bought by
Seller's Agent
Michael Kelczewski
United Real Estate
Buyer's Agent
Lavinia Smerconish
Compass RE
List Price
$1,100,000
Sold Price
$932,299
Premium/Discount to List
-$167,701
-15.25%
Views
54
Current Estimated Value
$966,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,570
Avg. Annual Appreciation
1.57%
Original Mortgage
$838,000
Interest Rate
0.0638%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
0.0587%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 10, 2001
Sold by
Bought by

Purchase Details

Closed on
May 15, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
0.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$932,298 City Line Abstract
$800,000 --
-- --
$562,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $838,000
Previous Owner $1,120,000
Previous Owner $1,050,000
Previous Owner $188,000
Previous Owner $665,200
Previous Owner $640,000
Previous Owner $600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $932,299 -15.2% $172 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $1,100,000 -- $203 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,373 $316,050 $77,540 $238,510
2025 $14,494 $316,050 $77,540 $238,510
2024 $14,494 $361,900 $77,540 $284,360
2023 $14,008 $361,900 $77,540 $284,360
2022 $13,803 $361,900 $77,540 $284,360
2021 $13,664 $361,900 $77,540 $284,360
2020 $13,404 $361,900 $77,540 $284,360
2019 $13,223 $361,900 $77,540 $284,360
2018 $13,017 $361,900 $77,540 $284,360
2017 $12,750 $361,900 $77,540 $284,360
2016 $1,435 $361,900 $77,540 $284,360
2015 $1,435 $361,900 $77,540 $284,360
2014 $1,435 $361,900 $77,540 $284,360
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PACT2059124

Bright MLS

APN: 6007 00101400

Your Personal Tour Guide

Ask me questions while you tour the home.