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$925,000

Beds
4
Baths
3.0
sq ft
4,000

125 School Rd, Wilmington, DE 19803

125 School Rd

WILMINGTON, DE 19803

  • Coming soon
Welcome home to this gorgeous 4 bedroom, 2 full and 2 half bath stone Cape Cod situated proudly on a large corner lot accented with lovely mature trees and hydrangeas in the highly desirable Alapocas neighborhood. Upon entering you will find a bright and airy foyer separating the more private areas of the home from the living spaces. Offering hardwood floors throughout most of the floorplan, the main level boasts a sun filled living room, with oversized windows and deep window sills overlooking the hydrangea garden, a fireplace, charming built-ins and access to both the sunroom and kitchen. The huge, renovated eat-in kitchen is a chef’s dream, with massive amounts of lovely Quartz countertops and storage space to spread out. Soft close cabinetry stretches across the entire 24-foot-long space, also featuring stainless steel appliances including dual ovens, a tile backsplash, a storage island, recessed lighting, and a new refrigerator. Adjacent to the kitchen is the mudroom with built-in cubbies - a perfect spot for discarding the day's items for quick pick up the next day. Off of the kitchen, the stunning sunroom addition awaits with vaulted ceiling and a skylight, quarried stone floors and tons of oversized windows allowing for picturesque views of the garden while enjoying the sunshine and access to the expansive backyard. The main level is completed by the primary bedroom with a renovated ensuite featuring wainscoting, a dual vanity and a striking stone tile and glass surround shower and the 4th bedroom, currently being used as an office, with beautiful built-in bookshelves and attached half bath. Upstairs the wood floors continues, where there are two additional large bedrooms that share a full bath, all featuring lots of natural light and plenty of storage options including a beautiful cedar closet. The finished lower level has been totally upgraded and offers an amazing amount of natural light, an additional kitchen, a flex room (that could be used as an office or easily be converted into a 5th bedroom with the addition of an egress window), a second half bath, laundry room and plenty of space ideal for a playroom, rec room or whatever fits your needs! The garage has an insulated garage door and heater for year round workshop space, plus a 240 outlet for an electric car charger. Additional upgrades include - tankless hot water heater, new HVAC in 2019, upgraded gutters and siding, repointed stone walls, repaved driveway, upgraded electric with the addition of exterior outlets, and the installation of exterior drainage for added peace of mind. The water pipes have been tested to ensure there are no lead pipes in the home. This home has been meticulously and lovingly maintained with well over $160K in upgrades completed during the current ownership. A wonderful home located in an active neighborhood that is within close proximity to Wilmington Friends School and with easy access to Alapocas Run State Park, downtown Wilmington, several local museums and I-95.

Details

Property type

Single Family Residence

Est. home value

$785,378

Lot size

0.51 acres

Price per sq ft

$232

Year built

1954

Annual property taxes

$5,317

Monthly HOA fee

$39.58

Price History

08/18/2021
Bright

Bright #DENC2001906

Sold
$689,999

Schools & Community

Elementary school: 

LOMBARDY

Middle school: 

SPRINGER

High school: 

BRANDYWINE

School district: 

BRANDYWINE

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$490,079
Asking price
$925,000
Closing costs (~8% of asking)
-$74,000
Est. remaining loan balance
-$360,921
Cash to seller
$490,079

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

The Federal Savings Bank

Loan start date

August 2021

Original loan amount

$413,999

Est. remaining balance

$360,921

Interest rate

2.98%

Loan type

New Conventional, 20 year

Seller

Dionisios Favatas and Laura L Landon

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 12/27/2024 at 12:25 AM

Listing updated: 12/23/2024 at 4:24 PM

Listed by: Blakely A Minton, Redfin Corporation Phone #: (484) 962-0034

MLS: Bright #DENC2073570

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