523 Faraday Road

Closed 10/11/19

Detached Outbuilding with 1 Garage and Driveway

Last Sold Price

$370,000

4 beds3 baths2,000 sqft$185/sqft

523 Faraday Rd, Hockessin, DE 19707

Description

Welcome Home! This exquisite 4 bedroom, 2 1/2 bath home is located in the heart of Hockessin in the highly desirable Gateway Farms. The front porch welcomes you and gives way to beautiful hardwood floors as you enter the foyer and continue into the spacious living room and formal dining room. The eat in kitchen has beautiful updates and flows nicely into the family room with gas fireplace. The laundry room situated on the main floor offers a laundry chute from the 2nd floor, and leads to the attached...Welcome Home! This exquisite 4 bedroom, 2 1/2 bath home is located in the heart of Hockessin in the highly desirable Gateway Farms. The front porch welcomes you and gives way to beautiful hardwood floors as you enter the foyer and continue into the spacious living room and formal dining room. The eat in kitchen has beautiful updates and flows nicely into the family room with gas fireplace. The laundry room situated on the main floor offers a laundry chute from the 2nd floor, and leads to the attached 2 car garage. A lovely half bath and walk in coat closet lead to the partially open stairway. Upstairs you will find a beautiful Master bedroom with a stunning Master bathroom. The 2nd bath upstairs is newly renovated, and all of the bedrooms are spacious. There is a large walk-in closet over the garage that leads to walk in attic storage. If you need more storage room, the spacious, open basement offers plenty of room for storage or hobbies. This home is situated on a large corner lot with a fenced back yard, patio area, and huge trex deck (25 x 25) with vinyl railings, a covered porch area and a built in natural gas grill! There is also room for an extra car in the outdoor garage building. It has a custom paver driveway, garage door opener, and room for storage and a workspace even while the car is parked inside. All of this and there is still plenty of room for the raised garden boxes, playset, and open space. This one won't last long!

LISTING CLOSED: 10/11/2019 12:00 AM

Listed by Stacie Burris • Douglas Realty, LLC
P: (302) 463-8019 stacieshomes@gmail.com

Property Details for 523 Faraday Road

Status

Closed

MLS #

DENC484232

Days on Market

Taxes

$2,833 / year

HOA Fees

$50 / year

Condo/Co-op Fees

Property Type

Single Family

MLS Type

Residential / Fee Simple

Year Built

1970

Lot Size

0.34 AC / 14,810 SF

County

New Castle County

Tax ID Number

08-013.10-078

Ownership

Fee Simple

Condo Coop Association

HOA

Yes

Structure Type

Detached

Style

Colonial

Levels/Stories

Waterfront

Garage

Yes

Subdivision

GATEWAY FARMS

Subdivision

GATEWAY FARMS (NEW CASTLE DE)

Legal Subdivision

GATEWAY FARMS SEC 3

Total Parking Spaces

Central Air

Yes

Basement

Yes

Above Grade Finished SQFT

2,000.00

Above Grade Fin SQFT Source

Estimated

Below Grade Finished SQFT

.00

Below Grade Fin SQFT Source

Assessor

Below Grade Unfinished SQFT

.00

Below Grade Unfin SQFT Source

Assessor

Total Below Grade SQFT

.00

Total Below Grade SQFT Source

Assessor

New Construction

Recent comparable sales

Median sold price

$440,000

Avg days on market

Sale-to-list ratio

97.6%

a view of a house with a yard porch and sitting area

1/46

$375,000

Sold 10/29/24

4
Bedrooms: 3
Bathrooms: 1,900
Square Feet: 0.26
Acres

4150 Millcreek Road, Hockessin, DE 19707

1/13

$325,000

Sold 08/15/25

4
Bedrooms: 3
Bathrooms: 1,950
Square Feet: 0.23
Acres

517 Garrick Road, Hockessin, DE 19707

a view of a house with backyard and garden

1/19

$430,000

Sold 07/30/25

4
Bedrooms: 3
Bathrooms: 1,750
Square Feet: 0.21
Acres

515 Hemingway Drive, Hockessin, DE 19707

1/55

$435,000

Sold 10/17/25

4
Bedrooms: 3
Bathrooms: 2,000
Square Feet: 0.22
Acres

520 Erickson Avenue, Hockessin, DE 19707

1/21

$440,000

Sold 05/01/26

4
Bedrooms: 3
Bathrooms: 2,225
Square Feet: 0.3
Acres

500 Defoe Road, Hockessin, DE 19707

a front view of a house with a yard and garage

1/35

$445,000

Sold 12/12/25

4
Bedrooms: 3
Bathrooms: 2,000
Square Feet: 0.22
Acres

504 Hemingway Drive, Hockessin, DE 19707

$450,000

Sold 05/14/25

4
Bedrooms: 3
Bathrooms: 2,025
Square Feet: 0.24
Acres

550 Cabot Drive, Hockessin, DE 19707

a front view of house with yard and green space

1/45

$465,000

Sold 07/14/25

4
Bedrooms: 3
Bathrooms: 2,000
Square Feet: 0.24
Acres

510 Revere Court, Hockessin, DE 19707

1/30

$465,000

Sold 09/13/24

4
Bedrooms: 3
Bathrooms: 1,850
Square Feet: 0.32
Acres

528 Cabot Drive, Hockessin, DE 19707

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Location

Listing Courtesy of Douglas Realty, LLC

Sold By Patterson-Schwartz-Hockessin

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Building Information for 523 Faraday Road

Stories2Year Built1970Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

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$2,121 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,881

Property Taxes

$236

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 523 Faraday Road

Location

In City Limits: No
School District Name: RED CLAY CONSOLIDATED

School District County ID: 300200396545
SchoolDistrictSource: 3rd Party
Elementary School: BRANDYWINE SPRINGS SCHOOL (NEW CASTLE DE)
ElementarySchoolSource: 3rd Party
County: NEW CASTLE
MLS Area: Hockssn/Greenvl/Centrvl (30902)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Association / Community Info

HOA Name: HOA OPTIONAL
HOA Condo Coop Fee Includes: Snow Removal, Other

Senior Community: No
Type of Condo: Home Owner Association

Taxes and Assessment

Tax Year: 2018
Tax Assessed Value: $86,100

Year Assessed: 2018
County Tax: $714
Improvement Assessed Value: $70,400
City Town Tax: $0
Land Assessed Value: $15,700
Clean Green Assessed: No
Land Use Code: 0
Zoning: NC10
Tax Lot: 078
School Tax: $2,119
Automatically Update Tax Values Y/N: Yes

Lease Information

Concessions: No

Rooms

Main

# Bathrooms Count Main Level: 1
# Bathrooms Half Main Level: 1

All Upper Levels

# Bedrooms Count All Upper Levels: 4
# Bathrooms Count All Upper Levels: 2

# Bathrooms Full All Upper Levels: 2

Upper Level 1

# Bedrooms Count Upper Level: 4
# Bathrooms Count Upper Level: 2

# Bathrooms Full Upper Level: 2

Rooms

Room List: Living Room, Dining Room, Kitchen, Family Room, Laundry
Stories: Main, Upper 1

Building Info

Total Finished SQFT: 2,000.00
Total Finished SQFT Source: Estimated

Tax Total Finished SQFT: 1,800.00
Total SQFT: 2,000.00
Total SQFT Source: Estimated
Construction Materials: Brick, Asbestos
Ext Main Mid-res: http://bright-media.brightmls.com/bright/images/0000/1216/1632/0431/121616320431_512_384_WM_4Lp_luD1LmmPgWhI.jpg
Basement Type: Partial, Partially Finished, Shelving, Sump Pump, Space For Rooms
Room and Floor: Bathrooms Half-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bedrooms-Upper Level 1-4, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Upper Level 1-2
# Bathrooms Full: 2
# Bathrooms Half: 1
Other Structure: Above Grade, Below Grade

Lot / Land Information

Lot Size Source: Assessor
Lot Size Dimensions: 91.40 x 148.60

Parcel ID: 2266782
Ground Rent Exists: No

Parking

Type Of Parking: Attached Garage, Detached Garage, Driveway
Num of Attached Garage Spaces: 2

Num of Detached Garage Spaces: 1
Total Garage Spaces: 3
Total Non-Garage Parking Spaces: 4
Garage Features: Garage - Front Entry, Garage - Side Entry, Inside Access, Oversized, Additional Storage Area

Interior Features

Fireplace: Yes
Fireplaces Count: 1

Accessibility Features: Level Entry - Main
Laundry Type: Main Floor

Exterior Features

Spa: No
Pool: No Pool

Utilities

Heating: Yes
Cooling Type: Central A/C

Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Source: Public
Sewer Septic: Public Sewer

Property History for 523 Faraday Road

Date	Event & Source	Price	Appreciation
Oct 11, 2019	Closed (Public Record) Public Record #656331342	$370,000	—
Oct 11, 2019	Closed BRIGHT #DENC484232	$370,000	—
Aug 11, 2019	Pending BRIGHT #DENC484232		—
Jul 30, 2019	Listed (Active) BRIGHT #DENC484232	$369,000	—

Date	Event & Source	Price
10/11/2019	Closed (Public Record) Public Record #656331342	$370,000
10/11/2019	Closed BRIGHT #DENC484232	$370,000
08/11/2019	Pending BRIGHT #DENC484232	—
07/30/2019	Listed (Active) BRIGHT #DENC484232	$369,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 523 Faraday Road

Taxable ValueLand-Additions-Total-

Tax Record2025$4,897 ($408 / month)

Home Facts

Beds4Baths2.5Total Finished SqFt2,350 SqFtAbove Grade Finished SqFt2,350 SqFtStories2Lot Size14,810 SqFtStyleSingle Family ResidenceYear Built1970ZoningNC10CountyNEW CASTLEAPN08-013.10-078Fireplace TypeHas Fireplace

Schools near 523 Faraday Road

This home is within Red Clay Consolidated School District.


Rating	School	Type	Grades	Distance
NR	First State School	Public - Nearby school	1 to 11	7.8 mi
8/10	duPont (H.B.) Middle School	Public - Serves this home	6 to 8	1.4 mi
4/10	duPont (Alexis I.) High School	Public - Serves this home	9 to 12	4.7 mi
8/10	Conrad Schools of Science	Public - Choice school	6 to 12	6.2 mi
8/10	Calloway (Cab) School of the Arts	Public - Choice school	6 to 12	5.8 mi
NR	Meadowood Program	Public - Choice school	K to 12	5.2 mi
NR	Towle Institute	Private - Nearby school	6 to 12	0.2 mi
NR	Sanford School	Private - Nearby school	PK to 12	0.6 mi
NR	Hockessin Montessori School	Private - Nearby school	PK to 8	0.6 mi


Rating	School	Distance
NR	First State School Public1 to 11 Nearby school	7.8 mi
8/10	duPont (H.B.) Middle School Public6 to 8 Serves this home	1.4 mi
4/10	duPont (Alexis I.) High School Public9 to 12 Serves this home	4.7 mi
8/10	Conrad Schools of Science Public6 to 12 Choice school	6.2 mi
8/10	Calloway (Cab) School of the Arts Public6 to 12 Choice school	5.8 mi
NR	Meadowood Program PublicK to 12 Choice school	5.2 mi
NR	Towle Institute Private6 to 12 Nearby school	0.2 mi
NR	Sanford School PrivatePK to 12 Nearby school	0.6 mi
NR	Hockessin Montessori School PrivatePK to 8 Nearby school	0.6 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 523 Faraday Road, Hockessin, DE 19707	$370,000	4	3	2,000	14,810
549 Cabot Drive, Hockessin, DE 19707	$179,900	4	3	–	14,374
521 Faraday Road, Hockessin, DE 19707	$300,000	4	3	1,950	12,197
526 Faraday Road, Hockessin, DE 19707	–	4	3	2,250	16,553
528 Faraday Road, Hockessin, DE 19707	$242,000	4	3	2,000	19,602
525 Faraday Road, Hockessin, DE 19707	$325,000	5	4	3,250	10,890
551 Cabot Drive, Hockessin, DE 19707	$170,000	4	3	–	12,196
524 Faraday Road, Hockessin, DE 19707	$163,000	4	3	–	13,068
547 Cabot Drive, Hockessin, DE 19707	$300,000	4	3	1,950	15,682
519 Faraday Road, Hockessin, DE 19707	–	4	3	1,950	10,019
527 Faraday Road, Hockessin, DE 19707	–	4	3	1,950	14,810
522 Faraday Road, Hockessin, DE 19707	$270,000	4	3	1,950	14,810
530 Faraday Road, Hockessin, DE 19707	$159,900	4	3	2,000	8,712
538 Cabot Drive, Hockessin, DE 19707	–	4	3	2,050	12,197
553 Cabot Drive, Hockessin, DE 19707	$165,000	4	3	–	10,000
529 Faraday Road, Hockessin, DE 19707	$296,000	4	3	1,850	19,166

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Listing Courtesy of Douglas Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Hockessin, DE

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