1242 Madison Ln, Hockessin, DE 19707

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APN: 08-024.30-171

1242 Madison Ln, Hockessin, DE 19707

Lot

Land Use
Residential Vacant Land
Lot Area (SF)
Lot Area (Acres)
Zoning
Frontage
Depth

Building

Year Built
Year Renovated
Stories
Number of Buildings
Existing Floor Area Ratio
Commercial Units
Residential Units
Total Units
Building Area
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Reported Ownership

Reported Owner
Mailing Address

Contact Information

Phone Number
Email Address
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Recorded Sales

Date Sales Price Buyer Seller Sales Doc # Multi-Property Sale
2018-04-02
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Mortgage Records

Date Lender(s) Amount Doc # Maturity Date Crossed-Debt Parcels
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Tax Data

2017
Total Assessed Value
Assessed Land Value
Assessed Improvement Value
Total Market Value
Land Market Value
Improvements Market Value
Tax Amount
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Popular searches around Hockessin

Reonomy operates the most comprehensive database for Hockessin Land and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Hockessin commercial real estate professionals. Members from Hockessin include brokers, investors and service providers, many of whom specialize in Hockessin Land.

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Hockessin land sold prices and values

The average assessed value of land parcels in Hockessin is $63,279. Land sale prices in Hockessin have a median of $410,030. The last 24 months of sales history has seen 41 sales, with 34 sales greater than $250,000, 0 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of land parcels in Hockessin over the last 24 months is $207.

Values and sold prices (last 24 months) United States Delaware Hockessin
Average price/sqft $771 $183 $195
Median price/sqft $131 $163 $207
Average sold price $688,717 $553,222 $416,840
Median sold price $174,282 $313,014 $410,030
Number of sales 2,614,374 10,659 41
Number of sales over $250k 1,003,961 6,624 34
Number of sales over $1m 159,049 904 --
Number of sales over $10m 19,336 2 --
Average total tax amount $1,219 $451 $2,340
Average assessed value $59,025 $20,820 $63,279
Average market value $79,440 $44,660 --

Hockessin land property averages

The average lot size of land parcels in Hockessin is 40,075 sf. This is 110% above the Delaware average.

Property averages United States Delaware Hockessin
Average lot size 657,604 sf 89,463 sf 153,072 sf
Median lot size 23,533 sf 11,586 sf 40,075 sf
Average building area 481 sf 160 sf 173 sf
Median building area 104 sf 134 sf 203 sf
Median year built 1988 1999 2017
Average number of units 13 84 176
Median number of units -- 46 181

Hockessin land total supply

There are 549 land parcels in Hockessin. This is 197% below the Delaware average. The total acerage is 1,395 acres and the aggregate building area for land parcels in Hockessin is 6,748 sf.

Supply United States Delaware Hockessin
Number of parcels 32,293,367 77,138 549
Aggregate lot acerage 409,405,969 96,520 1,395
Aggregate building area 916,721,812 sf 1,126,810 sf 6,748 sf
Aggregate units 7,798,117 73,398 8,464

Hockessin land industrial mortgages

There are 416 mortgages for land parcels across Hockessin in the Reonomy database. The average value of those mortgages is $5,698,694. This is 21% below the Delaware average.

Debt United States Delaware Hockessin
Number of mortgages 15,058,298 62,205 416
Average value of mortgages $4,003,786 $7,036,246 $5,698,694

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