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Off market
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  • $4,048,900

    16 Summit Ln, Wilmington, DE 19807

    4beds
    8,153sqft
    SingleFamily
    Built in 1998
    3.04 Acres Lot
    $4,048,900 Zestimate®
    $497/sqft
    $5,376 Estimated rent

    Home value

    $4,048,900

    $3.64M - $4.53M

    $5,376/mo

    Zestimate® history
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    $5,376/mo

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    $19,537/mo

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    $19,537/mo

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    What's special

    Custom built by Bancroft, this all brick, colonial features gorgeous hardwood and marble flooring, large windows overlooking gorgeous vistas and high quality construction. Highlights of this home include a new, custom Paradise kitchen with separate breakfast room and a Great Room with fireplace. Elegant 2-story Living Room with impressive fireplace, formal Dining Room adjacent to fully equipped Butler's Pantry, cherry Library with fireplace, first floor Master Suite with new custom Bathroom and walk-in closets, 3 second floor Bedrooms each with own Bathroom, 2 first floor Powder Rooms, second floor Media Room and a Recreation Room with back stair case, gorgeous terraces with built-in hot-tub. Additional rooms: Butler's Pantry-8x8M, Foyer-14x16M, Master Bedroom Office-8x9M, Second Floor Recreation Room-15x37 and Study-8x11. In-ground swimming pool with totally renovated Pool House with new Kitchen and Bath (Kitchen and Living Area-16x16) featuring a fireplace, Kitchen, Full Bath, additional shower and new 4 car, all brick, Garage that is fully conditioned space with heat and a/c. Serenely nestled on 3 private acres in the heart of Montchanin.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Forced air, Other, Geothermal
    Cooling
    • Central
    Features
    • Flooring: Carpet
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 8,153 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Lot
    • Size: 3.04 Acres
    Details
    • Parcel number: 0701900033

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    Materials
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1998

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $125 monthly
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $497/sqft
    • Tax assessed value: $2,661,600

    Price history

    DateEventPrice
    8/5/2022Sold$3,500,000$429/sqft
    Source: Bright MLS #DENC2022598 Report a problem
    5/2/2022Pending sale$3,500,000$429/sqft
    Source: Bright MLS #DENC2022598 Report a problem
    4/29/2022Listed for sale$3,500,000+57.3%$429/sqft
    Source: Patterson Schwartz #DENC2022598 Report a problem
    7/13/2012Sold$2,225,000-5.3%$273/sqft
    Source: Public Record Report a problem
    4/25/2012Listed for sale$2,350,000-17.5%$288/sqft
    Source: Patterson-Schwartz Real Estate #6043614 Report a problem
    7/28/2011Listing removed$2,850,000$350/sqft
    Source: Stephen Mottola #5811198 Report a problem
    5/22/2010Listed for sale$2,850,000$350/sqft
    Source: Patterson-Schwartz Real Estate #5714449 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $2,661,600 +455.9%
    2024$17,691 +13.4%$478,800
    2023$15,607 -1.2%$478,800
    2022$15,792 +0%$478,800
    2021$15,791 -0.3%$478,800
    2020$15,842 +0.2%$478,800
    2019$15,818 +3.3%$478,800
    2017$15,314 $478,800
    2016-- $478,800
    2015-- $478,800
    2014-- $478,800 +3%
    2013-- $464,700
    2012-- $464,700
    2011-- $464,700
    2010-- $464,700
    2009-- $464,700
    2008-- $464,700
    2007-- $464,700
    2006-- $464,700
    2005-- $464,700
    2004-- $464,700
    2003-- $464,700
    2002-- $464,700
    2001-- $464,700
    Find assessor info on the county website

    Neighborhood: 19807

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Brandywine Springs
    • Middle: Dupont A
    • High: Dupont
    • District: Red Clay Consolidated

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $4,048,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,048,900