7 months on rocket

614UNIT Loveville Rd, Hockessin, DE, 19707

$1,400,000

Land

Location

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Property Highlights

Home TypeVacant Land
MLS #DENC2059676
StatusActive
(ACTIVE)

About 614UNIT Loveville Rd

This is a rare opportunity to build a 45 unit luxury condo building in Hockessin, DE . This Pad site is available for the last building of an approved development plan from 1972 that was never constructed as sewer capacity WAS unavailable but was made available in September of 2015. Coffee Run Condominiums is a unique condo community located in Hockessin, DE and is conveniently located within 10 minutes of the city of Wilmington and Wilmington Train Station, easy access to Philadelphia Airport and Kennett Square, PA. Public water, sewer and electric are available at the location. Each unit will have its own HVAC system so you can anticipate monthly condo fees substantially lower than the current fees charged for the other units. Parking lot and common areas have been completed with other buildings. A 5 story, masonry and glass brick building was planned and a new buyer needs to retain an exterior similar to the existing buildings. New Castle County has maintained that the pad site will be treated as an unfinished part of the original development and not as a new development. Seller has maintained 45 votes in the Coffee Run Condominium Association. Sales price to include one, fifth floor unit completed t drywall stage. Interior finishes will be done by the seller.

Property Details

Property Features

Listing Office:

  • Office Name: BHHS Fox & Roach-Kennett Sq
  • Office Phone: (610) 444-9090
  • Listing Agent: Jerry Strusowski

Other

Directions Information:

  • Directions: From Lancaster Pike turn onto Loveville Road, then left into Coffee Run Condominiums, then left to parking lot. Building site is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
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Housing Market Comparison

See how this home compares to others in Hockessin, DE.

Med. Sold Price

$597K

Med. Price/SqFt

$206

Avg. Days On Market

21

# of Sold Homes

17

614UNIT Loveville Rd vs Hockessin

216 DAYS ON ROCKET

+195 Days

$1,400,000

+$802.9K More

KEY TAKEAWAY

This property is $802.9K more than the Median Sold Price in Hockessin, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DENC2059676

Listing Office:

  • Office Name: BHHS Fox & Roach-Kennett Sq
  • Office Phone: (610) 444-9090
  • Listing Agent: Jerry Strusowski

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-261593
9
/10
  • William F. Cooke Jr. Elementary School

  • 2025 Graves Rd

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-261594
10
/10
  • North Star Elementary School

  • 1340 Little Baltimore Rd

  • 2.62 miles

  • Public District Grades KG-5

school-card-donut-261595
6
/10
  • Mote (Anna P.) Elementary School

  • 2110 Edwards Ave

  • 2.65 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,735. The most common annual income of people living in Hockessin, DE is between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 614UNIT Loveville Rd

What is the listing price of this property?

The listing price of 614UNIT Loveville Rd property is $1,400,000.

What type of property is this?

The property 614UNIT Loveville Rd is land located in Hockessin, Delaware, 19707.

Is this property for sale now?

Active Listing: 614UNIT Loveville Rd is For Sale (Active/New) which means the seller is accepting offers.
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Rocket HomesDelawareNew Castle CountyHockessin19707614UNIT Loveville Rd

This home is located at 614UNIT Loveville Rd in Hockessin, DE and zip code 19707. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $1,400,000.

In October 2024 more than 7 listings in Hockessin, DE were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 8 were sold below. The inventory of homes for sale in Hockessin, DE between September 2024 and October 2024 increased by 10%. In October 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $597,009.

From Rocket Homes Real Estate and based on county public records data.

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