Description
Rare va loan assumption opportunity! this is a once-in-a-lifetime chance to assume an existing va loan with outstanding terms—available to qualified buyers with the existing lender. the assumable mortgage has a current balance of $464,209 at an incredibly low 2.75% interest rate, amortized over 30 years. you do not need to be a veteran and this is for all qualified buyers. monthly principal and interest payments are just $2,131.59 (excluding taxes and insurance). for the remaining balance, buyers may explore the option of a subordinated second loan at market rates with the lender. all paperwork is in order, offering a unique and valuable financing option in today’s market.
welcome to this beautifully maintained executive colonial in the popular rc peoples-built hockessin valley falls. this spacious home blends timeless elegance with modern updates, featuring solid hardwood flooring throughout most main and upper levels. the welcoming foyer showcases a turned staircase that opens to a formal living room with crown molding & a wood-burning fireplace. adjacent, the elegant dining room features built-in corner shelving, chair rail, and additional crown molding—perfect for formal entertaining. the updated kitchen is bright and spacious, offering white cabinetry, granite countertops, newer stainless steel appliances, updated island lighting, a center island with seating, and a casual dining area. the expansive family room is a true highlight, boasting a vaulted ceiling with exposed beams, new windows, built-in shelving, and a wood-burning stove fireplace insert that anchors the space beautifully. a main-level bedroom, full bath, and a convenient laundry room complete the first floor. upstairs, the large primary suite offers a dressing area, generous closet space, and an en suite bath with a soaking tub and separate shower. a second spacious bedroom includes its own half bath, while two additional well-sized bedrooms share a nearby full hall bath. the fully finished lower level adds exceptional living space with brand-new carpeting (2025), a built-in wet bar, a large media and recreation area, a private office/exercise/hobby room, and an additional full bathroom—perfect for guests or an in-law suite. outdoor living is just as impressive with a sunroom overlooking the professionally landscaped, fully fenced backyard—ideal for entertaining, pets, or peaceful relaxation. additional updates include a new electric hot water heater (2022), a newer roof and a/c system (2019), and newly wrapped front pillars that enhance curb appeal. the home also includes a spacious three-car turned garage and generous driveway parking. community park and playground that hosts annual events, this home is part of the highly regarded red clay school district, with feeder schools including north star elementary and hb dupont middle school. high school choice options include top-ranked wilmington charter, cab calloway school of the arts, conrad schools of science, and delaware military academy. don’t miss this exceptional home with unbeatable financing—schedule your private showing today!
Property Type
ResidentialSubdivision
Hockessin Valley FCounty
NEW CASTLEStyle
ColonialAD ID
49807084
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 5
- Master Bedroom Level: 1
- Total Bedroom (Upper): 4
- Bedroom Upper Level 1: 4
Bathroom Information
- Total Baths: 5
- Full Baths: 4
- Half Baths: 1
Laundry Source
- Laundry Type : Main Floor
Water/Sewer
- Water Source : Public
Room Information
- Patio/Porch Features: Enclosed
Interior Features
- Ceiling Fan(s),Dining Area,Floor Plan - Traditional,Kitchen - Eat-In,Recessed Lighting
- Roof : Architectural Shingle
- Exterior Property Features : Street Lights
- Basement Description: Fully Finished,Unfinished
- Property Appliances: Dishwasher,Dryer,Microwave,Refrigerator,Washer
- Fireplace: Brick,Wood
Roofing Information
- Architectural Shingle
Heating & Cooling
- Cooling: Central A/C
- Heating: Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Oil
-
Exterior Features
Building Information
- Exterior Features: Street Lights
- Year Built: 1989
- Structure: Detached
- Fireplace: 2
- Major Appliances: Dishwasher,Dryer,Microwave,Refrigerator,Washer
- New Construction: No
- Built: 1989
- Construction Material: Brick,Vinyl Siding
- Roof: Architectural Shingle
- Foundation/Basement: Concrete Perimeter,Block
- Architecture: Colonial
- Pool/Private: No Pool
- Roof Type: Architectural Shingle
Exterior Features
- Utilities: Cable TV,Phone
- Building Name: NONE AVAILABLE
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 34,848
- Dimensions: 123.80 x 214.70
- Lot Size (Acres): 0.80
- Architectural Style: Colonial
- Main Square Feet: 34,848
Property Information
- SQ ft: 6,322
- SQ ft (Living Area): 6,322
- Total Lot SQ ft: 34,848
- View: Trees/Woods
- Subdivision: HOCKESSIN VALLEY F
- Financing: Cash,Conventional,FHA,VA,Assumption
- Appx. Lot Dimensions: 123.80 x 214.70
- Total Acreage: 0.80
- New Construction: No
- Type: Colonial
-
Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 5
Lease Information
- Lease Considered: No
-
Taxes / Assessments
Tax Information
- Annual Tax: $6,566
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $171,100
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Features: Asphalt Driveway
- Garage: 3
- Garage Type: Built In,Garage - Side Entry,Garage Door Opener,Inside Access
- Parking Type: Attached Garage,Driveway
Multi-Unit Information
- Acceptable Financing: Cash,Conventional,FHA,VA,Assumption
- Roof: Architectural Shingle
Homeowners Association Information
- Association Fee: $150
- HOA Name: HVFCA
- Direction: Rt 7 (Limestone Road) to Brackenville Road. Left-Hockessin Valley Falls Road. Right-People Way. Right-Mettenet Ct to #114 on cul-de-sac
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School, Utilities & Location Details
School Information
- Elementary School: NORTH STAR
- Middle OR Junior School: DUPONT H
- High School: JOHN DICKINSON
- School District: RED CLAY CONSOLIDATED
Fire Place Information
- Total Fire Place: 2
- Fire Place Features: Brick,Wood
Utility Information
- Cable TV,Phone
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Oil
- Hot Water: Electric
Location Information
- Direction: Rt 7 (Limestone Road) to Brackenville Road. Left-Hockessin Valley Falls Road. Right-People Way. Right-Mettenet Ct to #114 on cul-de-sac
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BuyOwner last updated this listing 06/09/2025 @ 04:51
- MLS: DENC2081680
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Home, with 5 bedrooms which is for sale, it has 3,950 sqft, 34,848 sized lot, and 3 parking. are nearby neighborhoods.