NOT LISTED FOR SALE

Estimated Value: $3,252,000 - $4,085,000

6 Beds
9 Baths
13,121 Sq Ft
$281/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $3,660,000 $279 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $23,007/month

83 Days on Market

Highlights

  • Home Theater
  • Gourmet Kitchen
  • Recreation Room
  • Cabana
  • Colonial Architecture
  • Marble Flooring

About This Home

As of September 2024

Welcome to 11 Summit Lane, a stunning and elegant modern home nestled in the prestigious enclave of Stoney Run in Wilmington, DE. This remarkable property boasts 6 bedrooms, 7.2 bathrooms, and over 13,000 square feet of living space (as noted in New Castle County tax records), situated on a generous beautifully landscaped lot spanning almost 4 acres. This residence is designed for seamless indoor-outdoor living, with a sprawling backyard and lush landscaping, providing a serene setting for outdoor gatherings and recreation. As you step inside, you are greeted by a grand foyer with marble floor that sets the tone for the rest of the home. The main level boasts a spacious living room with high ceilings and an abundance of natural light, creating an inviting atmosphere for both relaxation and entertainment. Formal dining room is sizeable enough to host large dinner parties, yet also perfect for intimate dining. The home office on the main floor with rich wood accents could also double as a library with gas fireplace and walls of built ins. The main floor is also host to a bedroom suite with private full bath, dressing room, bedroom, and walk-in closet. This multi-functional space can work as a fabulous owner’s retreat, in-law suite, or au-pair apartment. Renovated in 2007, this home underwent an impressive transformation, including a substantial 2-story addition. The addition features a grand family room with a captivating, coffered ceiling, seamlessly connected to a gourmet kitchen that will delight any culinary enthusiast. The second-floor primary suite is a true sanctuary, offering a spacious bedroom, 2 walk-in closets, an elegant home office, and a spa-like full bath, providing the ultimate in relaxation and comfort. The 2nd floor is also host to four additional bedroom suites each with their own full bath and walk-in closet. Huge laundry room with 2 sets of appliances and an abundance of storage makes doing a tiresome chore more inviting.
The finished basement is an entertainer's dream, boasting a well-appointed bar, game room, media room, exercise room, and a versatile bonus room. Additionally, the basement features a room that was expertly dug down further, originally used as an indoor batting cage but offering endless possibilities. Step outside to discover an outdoor oasis, featuring an oversized terrace complete with a kitchen and fireplace, an inviting in-ground pool, nicely equipped pool house, and raised garden beds, creating an ideal setting for outdoor gatherings and leisure. Don't miss the opportunity to make this exquisite property your own and experience the epitome of luxury living. Conveniently located just minutes from shops and dining in Greenville, outdoor recreation in Brandywine Creek State Park, downtown Wilmington/Amtrak station, and under thirty minutes to Philadelphia International Airport.

Last Listed By

Stephen Mottola

Compass License #R3-0010595 Listed on: 03/15/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,501

Year Built

  • Built in 1993

Lot Details

  • 3.89 Acre Lot
  • Lot Dimensions are 384.90 x 628.30
  • Extensive Hardscape
  • Sprinkler System
  • Property is zoned NC2A

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 8 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • Recessed Lighting
  • 3 Fireplaces
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Game Room
  • Home Gym
  • Garden Views
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Improved Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Pool

  • Cabana
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Terrace
  • Exterior Lighting
  • Outbuilding
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • Association fees include common area maintenance, snow removal
  • Stoney Run Subdivision

Listing and Financial Details

  • Tax Lot 036
  • Assessor Parcel Number 07-019.00-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,501

Year Built

Built in 1993

Lot Details

0

HOA Fees

$250 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All exterior statuary and fountains are excluded, but are negotiable.
  • Inclusions: All appliances
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 11 Summit Lane, a stunning and elegant modern home nestled in the prestigious enclave of Stoney Run in Wilmington, DE. This remarkable property boasts 6 bedrooms, 7.2 bathrooms, and over 13,000 square feet of living space (as noted in New Castle County tax records), situated on a generous beautifully landscaped lot spanning almost 4 acres. This residence is designed for seamless indoor-outdoor living, with a sprawling backyard and lush landscaping, providing a serene setting for outdoor gatherings and recreation. As you step inside, you are greeted by a grand foyer with marble floor that sets the tone for the rest of the home. The main level boasts a spacious living room with high ceilings and an abundance of natural light, creating an inviting atmosphere for both relaxation and entertainment. Formal dining room is sizeable enough to host large dinner parties, yet also perfect for intimate dining. The home office on the main floor with rich wood accents could also double as a library with gas fireplace and walls of built ins. The main floor is also host to a bedroom suite with private full bath, dressing room, bedroom, and walk-in closet. This multi-functional space can work as a fabulous owner’s retreat, in-law suite, or au-pair apartment. Renovated in 2007, this home underwent an impressive transformation, including a substantial 2-story addition. The addition features a grand family room with a captivating, coffered ceiling, seamlessly connected to a gourmet kitchen that will delight any culinary enthusiast. The second-floor primary suite is a true sanctuary, offering a spacious bedroom, 2 walk-in closets, an elegant home office, and a spa-like full bath, providing the ultimate in relaxation and comfort. The 2nd floor is also host to four additional bedroom suites each with their own full bath and walk-in closet. Huge laundry room with 2 sets of appliances and an abundance of storage makes doing a tiresome chore more inviting. The finished basement is an entertainer's dream, boasting a well-appointed bar, game room, media room, exercise room, and a versatile bonus room. Additionally, the basement features a room that was expertly dug down further, originally used as an indoor batting cage but offering endless possibilities. Step outside to discover an outdoor oasis, featuring an oversized terrace complete with a kitchen and fireplace, an inviting in-ground pool, nicely equipped pool house, and raised garden beds, creating an ideal setting for outdoor gatherings and leisure. Don't miss the opportunity to make this exquisite property your own and experience the epitome of luxury living. Conveniently located just minutes from shops and dining in Greenville, outdoor recreation in Brandywine Creek State Park, downtown Wilmington/Amtrak station, and under thirty minutes to Philadelphia International Airport.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Marble, Carpet
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Carpet, Chair Railings, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Foyer, Breakfast Room, Exercise Room, Laundry, Mud Room, Office, Recreation Room, Media Room, Bedroom 6, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Improved, Interior Access
  • Laundry Type: Upper Floor
  • Total Sq Ft: 13121
  • Living Area Sq Ft: 13121
  • Price Per Sq Ft: 401.26
  • Above Grade Finished Sq Ft: 9844
  • Below Grade Finished Sq Ft: 3277
  • Total Below Grade Sq Ft: 3277
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 5
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 5.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 5
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Cabana/Pool House
  • Construction Materials: Stucco
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Bbq Grill, Lawn Sprinkler, Outbuilding(s)
  • Pool Features: In Ground, Fenced
  • Roof: Shingle
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Circular Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 11
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 3000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 3.89
  • Lot Dimensions: 384.90 x 628.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 169448.00
  • Outdoor Living Structures: Terrace
  • Year Assessed: 2022
  • Zoning: NC2A
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 17613.00
  • Tax Annual Amount: 23501.00
  • Assessor Parcel Number: 07-019.00-036
  • Tax Lot: 036
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/23/2024

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Sep 23, 2024
Sold by
Grant Stuart M and Grant Suzanne B
Bought by
Fedale Glenn Frank and Fedale Laura
Seller's Agent
Stephen Mottola
Compass
Buyer's Agent
Stephen Mottola
Compass
List Price
$3,950,000
Sold Price
$3,660,000
Premium/Discount to List
-$290,000
-7.34%
Total Days on Market
83
Views
847
Current Estimated Value
$3,691,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,226
Avg. Annual Appreciation
1.45%
Original Mortgage
$2,196,000
Outstanding Balance
$2,182,943
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$1,508,283

Purchase Details

Closed on
Sep 21, 2006
Sold by
Robino Rocca Pietro V A and Robino Rocca Donna
Bought by
Grant Stuart M and Grant Suzanne B

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fedale Glenn Frank $3,660,000 None Listed On Document
Grant Stuart M $2,350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fedale Glenn Frank $2,196,000
Previous Owner Rocca Pietro V A $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $3,660,000 -7.3% $279 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $3,950,000 -- $301 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,326 $712,500 $79,000 $633,500
2023 $23,224 $712,500 $79,000 $633,500
2022 $23,501 $712,500 $79,000 $633,500
2021 $23,575 $712,500 $79,000 $633,500
2020 $23,575 $712,500 $79,000 $633,500
2019 $23,539 $712,500 $79,000 $633,500
2018 $23,071 $712,500 $79,000 $633,500
2017 $22,789 $712,500 $79,000 $633,500
2016 $21,764 $712,500 $79,000 $633,500
2015 -- $712,500 $79,000 $633,500
2014 -- $712,500 $79,000 $633,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2056420

Bright MLS

APN: 07-019.00-036