114 METTENET COURT, HOCKESSIN, DE 19707

$765,000

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. Monthly principal… Read More 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! Read Less

Courtesy of Andy Mulrine, RE/MAX Associates-Hockessin [email protected]

Listing Snapshot

Days Online

Last Updated

May 19, 2025

Property Type

Single Family Residential

Beds

Full Baths

Partial Baths

Square Ft.

6,322

Lot Size

0.8 Acres

Year Built

1989

MLS Number

DENC2081680

30 Days Snapshot Of 19707

$588k

-3%

(avg) sold price

-28%

homes sold

+212%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

Dishwasher, Dryer, Microwave, Refrigerator, Washer

Basement

Fully Finished, Unfinished

Building

6,322 sqft living area, 3,950 sqft above grade (finished), 2,372 sqft below grade (finished), Built in 1989, Structure Type: Detached, Wall & Ceiling Types: Dry Wall, 2 levels, Colonial, Brick, Vinyl Siding

Cooling

Central Air, Electric, Central A/C

Exterior Features

Street Lights

Fireplaces

2 fireplaces, Brick, Wood

Floors

Tile/Brick, Solid Hardwood, Hardwood

Foundation

Concrete Perimeter, Block

Garage

3 garage spaces

Heating

Oil, Forced Air

Home Owner's Association

HOA Fee: $150, Fee Freq: Annually, Common Area Maintenance, Snow Removal

Interior Features

Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Recessed Lighting

Laundry

Main Floor

Lot

34,848 sqft, Lot Size Dimensions: 123.80 x 214.70, 0.8 acres, Trees/Wooded

Parking

Asphalt Driveway

Property

Other Structures: Above Grade, Below Grade, Outdoor Living Structures: Enclosed, View: Trees/Woods

Roof

Architectural Shingle

Sewer

Public Sewer

Taxes

City/Town Tax Pymnt Freq: Annually, County Tax: $1,378, County Tax Pymnt Freq: Annually, School Tax: $4,585, Tax Annual Amount: $6,566, Tax Year: 2024

Utilities

Electric Service: 200+ Amp Service, Circuit Breakers, Hot Water: Electric, Cable TV, Phone

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