NOT LISTED FOR SALE

837 Summerset Dr Hockessin, DE 19707

Estimated Value: $719,000 - $972,000

1.52 Acres
$549,293 Price per Acre
66,211 Sq Ft Lot

Last Sold December 04, 2020

Last sale price $60,000

Est. 1,231% increase in value since last sale

Current estimated payment $4,676/month

15 Days on Market

Highlights

  • 1.52 Acre Lot
  • Private Lot
  • No HOA
  • Dupont (H.B.) Middle School Rated A
  • Partially Wooded Lot

About This Lot

As of December 2020

Nestled in an open clearing yet surrounded by trees and nature, this homesite will make a wonderful place to build your dream home. Located in one of the best Red Clay School District feeder patterns, in the heart of Hockessin, this secluded lot offers a wonderful, 1.52 acre building site. Easements are recorded for a shared driveway and access via 837 Summerset Dr.. No site improvements have been made. Please make an appointment if you would like to see this lot -- do not drive by or otherwise walk onto the property without a scheduled appointment.

Last Agent to Sell the Property

Sophia Bilinsky

(252) 267-2701 sophia.bilinsky@foxroach.com BHHS Fox & Roach-Kennett Sq License #5000504 Listed on: 09/29/2020

BHHS Fox & Roach-Kennett Sq

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $774

Lot Details

  • 1.52 Acre Lot
  • Private Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • No Building Permits
  • Property is zoned NC21

Location

  • Landlocked Lot

Schools

  • Cooke Elementary School
  • Dupont H Middle School
  • Alexis I. Dupont High School

Utilities

  • Well Required
  • Not Applied For Permit
  • No Septic Approved

Community Details

  • No Home Owners Association
  • Valley View Subdivision

Listing and Financial Details

  • Tax Lot 048
  • Assessor Parcel Number 08-008.00-048

Property Details

Property Type

Land

Est. Annual Taxes

$774

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 1.43

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic Approved, Not Applied For Permit
  • Water Source: Well Required

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: COOKE
  • High School: ALEXIS I. DUPONT
  • Middle Or Junior School: DUPONT H

Lot Info

  • Additional Parcels: No
  • Lot Features: Backs To Trees, Landlocked, Partly Wooded, Private
  • Lot Size Acres: 1.52
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 66211.00
  • Zoning: NC21
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 580.00
  • Tax Annual Amount: 774.00
  • Assessor Parcel Number: 08-008.00-048
  • Tax Lot: 048
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Nov 23, 2020
Sold by
Nathan Properties Llc
Bought by
Cogburn Lawrence Amarin and Pierce Sarah Marie
Seller's Agent
Sophia Bilinsky
BHHS Fox & Roach-Kennett Sq
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$95,000
Sold Price
$60,000
Premium/Discount to List
-$35,000
-36.84%
Current Estimated Value
$798,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$738,620
Avg. Annual Appreciation
68.79%
Original Mortgage
$486,000
Outstanding Balance
$432,471
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$402,454

Purchase Details

Closed on
Sep 30, 2019
Sold by
Chacko Elizabeth and Chacko Elizabeth
Bought by
Nathan Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cogburn Lawrence Amarin -- None Available
Nathan Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cogburn Lawrence Amarin $486,000
Previous Owner Nathan Properties Llc $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $60,000 -36.8% --
10/14/2020 10/14/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $95,000 -- --
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 $5,705 $154,400 $30,600 $123,800
2023 $5,033 $154,400 $30,600 $123,800
2022 $5,093 $154,400 $30,600 $123,800
2021 $5,063 $154,400 $30,600 $123,800
2020 $2,728 $154,400 $30,600 $123,800
2019 $5,101 $154,400 $30,600 $123,800
2018 $4,999 $154,400 $30,600 $123,800
2017 $4,716 $154,400 $30,600 $123,800
2016 $4,716 $154,400 $30,600 $123,800
2015 $4,419 $154,400 $30,600 $123,800
2014 $4,090 $154,400 $30,600 $123,800
Source: Public Records

Agents Affiliated with this Home

  • Sophia Bilinsky

    Seller's Agent in 2020

    Sophia Bilinsky

    BHHS Fox & Roach

    (252) 267-2701

    2 in this area

    131 Total Sales

    Sophia Bilinsky
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Map

Source: Bright MLS

MLS Number: DENC510148

Bright MLS

APN: 08-008.00-053

Delaware New Castle County Hockessin 19707

837 Summerset Dr, Hockessin, DE

Not Listed for Sale

Lots

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