The Hadley Group

Description

Rare VA Loan Assumption Opportunity! This is a once-in-a-lifetime chance to assume an existing VA loan with outstanding terms—available to qualified buyers with the existing lender. The assumable mortgage has a current balance of $464,209 at an incredibly low 2.75% interest rate, amortized over 30 years. YOU DO NOT NEED TO BE A VETERAN AND THIS IS FOR ALL QUALIFIED BUYERS. Monthly principal and interest payments are just $2,131.59 (excluding taxes and insurance). For the remaining balance, buyers may explore the option of a subordinated second loan at market rates with the lender. All paperwork is in order, offering a unique and valuable financing option in today’s market. Welcome to this beautifully maintained executive Colonial in the popular RC Peoples-built Hockessin Valley Falls. This spacious home blends timeless elegance with modern updates, featuring solid hardwood flooring throughout most main and upper levels. The welcoming foyer showcases a turned staircase that opens to a formal living room with crown molding & a wood-burning fireplace. Adjacent, the elegant dining room features built-in corner shelving, chair rail, and additional crown molding—perfect for formal entertaining. The updated kitchen is bright and spacious, offering white cabinetry, granite countertops, newer stainless steel appliances, updated island lighting, a center island with seating, and a casual dining area. The expansive family room is a true highlight, boasting a vaulted ceiling with exposed beams, new windows, built-in shelving, and a wood-burning stove fireplace insert that anchors the space beautifully. A main-level bedroom, full bath, and a convenient laundry room complete the first floor. Upstairs, the large primary suite offers a dressing area, generous closet space, and an en suite bath with a soaking tub and separate shower. A second spacious bedroom includes its own half bath, while two additional well-sized bedrooms share a nearby full hall bath. The fully finished lower level adds exceptional living space with brand-new carpeting (2025), a built-in wet bar, a large media and recreation area, a private office/exercise/hobby room, and an additional full bathroom—perfect for guests or an in-law suite. Outdoor living is just as impressive with a sunroom overlooking the professionally landscaped, fully fenced backyard—ideal for entertaining, pets, or peaceful relaxation. Additional updates include a new electric hot water heater (2022), a newer roof and A/C system (2019), and newly wrapped front pillars that enhance curb appeal. The home also includes a spacious three-car turned garage and generous driveway parking. Community park and playground that hosts annual events, this home is part of the highly regarded Red Clay School District, with feeder schools including North Star Elementary and HB DuPont Middle School. High school choice options include top-ranked Wilmington Charter, Cab Calloway School of the Arts, Conrad Schools of Science, and Delaware Military Academy. Don’t miss this exceptional home with unbeatable financing—schedule your private showing today!

Features