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704 Lora Lane

704 Lora Lane, Hockessin, DE 19707
Property in Deerfield
Sold Sep 18, 2012
$175,000
$280,000 by Pike Creek Mortgage Services I
Mortgage Due Oct 01, 2042
Sold Aug 10, 2009
$337,500
$326,235 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2039
704 Lora Lane has been categorized by the local assessors in Hockessin, DE as a residential type of property. The building on the property was first built in 1988 and is 36 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 704 Lora Lane has 2,106 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,660 ft and across the front of the lot is 1,290 ft. The area measurement of the land has been determined as 21,780 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The building on the property is connected to a sewer system. The property was last sold in Sep 13, 2012 for $175,000. That's $83.10 per sqft. Prior to that sales transaction, the property was also sold in Aug 7, 2009 for $337,500. 704 Lora Lane was last assessed in 2023. The total value of the property was assessed at $127,500. Specifically, the land the property is located on was valued at $28,300. While improvements on the property were assessed at a total of $99,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,332. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 1,290
  • Total Building Area: 2,106
  • Gross Building Area: 2,106
  • Building Area: 2,106
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,106
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEERFIELD
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : KARY JEFFREY R
  • Current Owner 2: BLAKELY DANIELLE M
  • Previous Owner : BLAKELY DANIELLE M
  • Owner Before Previous Owner: PTAK ROBERT J
  • Owner Before Previous Owner 2: REVOCABLE TRUST OF ROBERT J PT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Red Clay Consolidated School District
  • School Tax School District: TRS2
  • Census Tract: 013508

Zoning

  • Zoning: NC21

Geography

  • Assessors Map Reference: 08-007
  • District: 08
  • Parcel: 08-007.10-117
  • Lot: 27
  • Municipality: MILL CREEK HUNDRED
  • Latitude: 39.7931
  • Longitude: -75.7138

    Address

  • Full Address: 704 Lora Ln
  • Address - House Number: 704
  • Address - Street Name: Lora
  • Address - Suffix Type: Ln
  • State: DE
  • City Name: Hockessin
  • Carrier Code: R012
  • 4-Digit Zip Code: 1016
  • Zip Code: 19707

Valuation

    Tax

  • Total Area: 2,100
  • Tax Year: 2023
  • Tax Amount: $4,332
  • Tax Rate Code Area: LC03;TRS2;

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 568,647
  • High Value: 658,199
  • Low Value: 479,095

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: PIKE CREEK MORTGAGE SERVICES I
  • First Open Lien Mortgage Recording Date: Sep 18, 2012
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2042

    Market Valuation

  • Market Total Value: $410,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,500
  • Assessed Land Value: $28,300
  • Assessed Improvements Value: $99,200

    Sales

  • Current Sale Contract Date: Sep 13, 2012
  • Current Sale Recording Date: Sep 18, 2012
  • Current Sale Transaction ID: 1089094094
  • Current Sale Price: $175,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20120918-0053177
  • Previous Sale Recording Date: Aug 10, 2009
  • Previous Sale Contract Date: Aug 07, 2009
  • Previous Sale Amount: $337,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PIKE CREEK MORTGAGE SERVICES I
  • First Mortgage Transaction Date: Sep 18, 2012
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 10, 2009
  • Previous Mortgage Loan Amount: $326,235
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2039

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Frequently Asked Questions

What neighborhood is 704 Lora Lane located in?
The 704 Lora Lane is a located in the neighborhood of Deerfield in Deerfield, Hockessin.
What is the average sales price for listings in 704 Lora Lane?
The average sales price for units in 704 Lora Lane is $0 currently.

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