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$1,299,000

Beds
4
Baths
3.5
sq ft
4,250

5004 Kennett Pike, Wilmington, DE 19807

5004 Kennett Pike

WILMINGTON, DE 19807

  • 68 days on market
    • Price drop $26,000↓
Introducing this exquisite 4-bedroom, 3.5-bathroom colonial estate, spanning over 4000 sqft of opulent living space. Nestled on 2.6 acres, this stunning home is enveloped by serene open space, accessible via a private, extended driveway that ensures unparalleled privacy. Upon entering through the grand front door, one is immediately greeted by pristine new hardwood floors, recessed lighting, freshly painted interiors, and many other upgrades that exude a sense of timeless elegance. To the right, a sophisticated living room/office awaits, complete with a newly installed fireplace and bespoke built-in shelving. Adjacent, an inviting dining area offers a perfect setting for intimate gatherings. Venturing further, the expansive family room beckons with its second fireplace, providing an ideal backdrop for relaxation and entertainment. The kitchen, a chef's dream, boasts expansive countertops, modern appliances, and a generous island, ensuring culinary endeavors are effortlessly enjoyable. Adjacent to the kitchen, the expansive sunroom offers panoramic views of the backyard oasis and surrounding open space, seamlessly blending indoor-outdoor living. Conveniently located off the sunroom, the mudroom provides easy access to the garage, offering practicality without compromising on luxury. On the main floor, a generously sized bedroom with an en-suite bathroom awaits, offering direct access to the exquisite indoor pool and sauna area. The newly installed infinity pool, complemented by its own dedicated HVAC system, promises year-round relaxation and wellness. Ascending the elegant staircase, the luxurious primary suite awaits, featuring a spacious sitting area and an updated primary bathroom adorned with smart toilet technology. Two additional well-appointed bedrooms and another full bathroom complete the upper level, ensuring comfort and privacy for family and guests alike. This immaculate residence exemplifies luxury living at its finest, combining unparalleled privacy with sophisticated design and state-of-the-art amenities. Discover the epitome of modern elegance in every detail of this extraordinary home. New HVAC system, new water heater, new pool HVAC, new endless pool, new hardwood floors, new recessed lighting, new luxury chandeliers and pendant lighting, and so much more!

Details

Property type

Single Family Residence

Est. home value

$1,131,597

Lot size

2.6 acres

Price per sq ft

$306

Year built

1959

Annual property taxes

$9,371

HOA

No

Price History

09/23/2024
Bright

Bright #DENC2065022

Price change
$1,299,000
-1.96%
08/18/2024
Bright

Bright #DENC2065022

Price change
$1,325,000
-1.85%
08/06/2024
Bright

Bright #DENC2065022

Pending
$1,350,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

RED CLAY CONSOLIDATED

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

$748,921
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$446,159
Cash to seller
$748,921

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

Seller’s Loan History

Lender

Key Bank Na

Loan start date

July 2022

Original loan amount

$500,000

Est. remaining balance

$446,159

Interest rate

4.32%

Loan type

New Conventional, 15 year

Seller

Jinho Kwon and Sunwoo Lee

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: Active

Tomo last checked: 09/28/2024 at 7:15 PM

Listing updated: 09/23/2024 at 10:16 AM

Listed by: Brian Spangler, BHHS Fox & Roach-Chadds Ford Phone #: (610) 388-3700

MLS: Bright #DENC2065022

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