$193,500
SOLD JUL 19, 2018

871 Valley Rd Hockessin, DE 19707

4 Beds
1.5 Baths
1,225 Sq Ft
0.92 Acres

Recently Sold

$158 Per Sq Ft

2% Above List Price

5 Days on Market

Highlights

  • Rambler Architecture
  • Wood Flooring
  • Porch
  • North Star Elementary School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of July 2018

Welcome to 871 Valley Rd. located on just under 1 acre of land in Hockessin. This 4 bedroom, 1.5 bath home is waiting for the buyer to come in and make it their own. This cape home offers loads of potential, space and features public water and public sewer. The interior of the home offers a spacious living room, the kitchen is large and offers endless possibility for expansion. A screened in porch, 2 nice sized bedrooms and a full bath complete the main level. The second level offers 2 additional nice sized bedrooms and a 1/2 bath. A full basement is also featured. This home does need work and cosmetic updates which are factored in the price but also has great potential for the buyer with imagination looking for land with public utilities in a non development setting. Other recent updates are the roof and HVAC system. This home is the perfect candidate for a home improvement loan to make it your own and the home is being sold in "as-is" condition.

Last Agent to Sell the Property

James Rice

Real of Pennsylvania License #RS308675 Listed on: 06/15/2018

Last Buyer's Agent

Cathleen Wilder

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1952

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 128x336
  • Property is in below average condition

Home Design

  • Rambler Architecture
  • Pitched Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,225 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Unfinished Basement

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

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Holly Knoll Subdivision

Listing and Financial Details

  • Tax Lot 040
  • Assessor Parcel Number 08-012.00-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,542

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Sellers Personal Property
  • Inclusions: Negotiable
  • New Construction: No
  • Year Built: 1952
  • Remarks Public: Welcome to 871 Valley Rd. located on just under 1 acre of land in Hockessin. This 4 bedroom, 1.5 bath home is waiting for the buyer to come in and make it their own. This cape home offers loads of potential, space and features public water and public sewer. The interior of the home offers a spacious living room, the kitchen is large and offers endless possibility for expansion. A screened in porch, 2 nice sized bedrooms and a full bath complete the main level. The second level offers 2 additional nice sized bedrooms and a 1/2 bath. A full basement is also featured. This home does need work and cosmetic updates which are factored in the price but also has great potential for the buyer with imagination looking for land with public utilities in a non development setting. Other recent updates are the roof and HVAC system. This home is the perfect candidate for a home improvement loan to make it your own and the home is being sold in "as-is" condition.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1225
  • Living Area Sq Ft: 1225
  • Net Sq Ft: 1225.00
  • Price Per Sq Ft: 154.29
  • Above Grade Finished Sq Ft: 1225
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 871

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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: 35700.00
  • Land Assessed Value: 12500.00
  • Lot Size Acres: 0.92
  • Lot Dimensions: 128X336
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40075.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Below Average
  • Zoning: S

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2266010
  • Tax Annual Amount: 1542.00
  • Assessor Parcel Number: 08-012.00-040
  • Tax Lot: 040
  • Tax Year: 2017
  • Close Date: 07/19/2018

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 17, 2018
Sold by
Persoleo Margaret and Potts Elizabeth
Bought by
Vrh2 Llc
Seller's Agent
James Rice
Real of Pennsylvania
Buyer's Agent
Cathleen Wilder
Long & Foster Real Estate, Inc.
List Price
$189,000
Sold Price
$193,500
Premium/Discount to List
$4,500
2.38%
Total Days on Market
5
Current Estimated Value
$329,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,078
Avg. Annual Appreciation
8.02%

Purchase Details

Closed on
Mar 1, 1982
Bought by
Persoleo Margaret J
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 Credit Line Revolving
Previous Owner $1,350,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2019 06/01/19 Rented $1,300 0.0% --
05/21/2019 05/21/19 Under Contract -- -- --
05/10/2019 05/10/19 Price Changed $1,300 -3.7% --
03/27/2019 03/27/19 Price Changed $1,350 -3.6% --
01/25/2019 01/25/19 For Rent $1,400 0.0% --
07/19/2018 07/19/18 Sold $193,500 +2.4% $158 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $189,000 -- $154 / 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 $1,781 $48,200 $12,500 $35,700
2023 $1,571 $48,200 $12,500 $35,700
2022 $1,590 $48,200 $12,500 $35,700
2021 $1,590 $48,200 $12,500 $35,700
2020 $1,595 $48,200 $12,500 $35,700
2019 $1,648 $48,200 $12,500 $35,700
2018 $338 $48,200 $12,500 $35,700
2017 $331 $48,200 $12,500 $35,700
2016 $1,024 $81,900 $12,500 $69,400
2015 -- $81,900 $12,500 $69,400
2014 $880 $81,900 $12,500 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001881636

Bright MLS

APN: 08-012.00-040