Outstanding Ranch situated on 1 Acre corner lot, much larger than appears. This home has been maliciously maintained, updated & improved. Detached 3 Car Garage added in 2007 is a "Car Guy's" dream or an incredible workshop for your hobbies. AC New in 2010 heater updated in 2015. Original 2 Car Garage is now a Family Rm w/ French Doors. Basement w/ walkup has been finished to include: Large Rec Rm, Full Bath, & an Addt'l Rms. Updated carpet throughout home. Kitchen w/ Butler's Pantry. Concrete patio, pool and Gazebo overlooking Fenced yard w/ privacy Tree-line. Living Rm features Gas Fireplace & Crown molding. .. The list goes on and on! This Expansive Ranch is a must see!
Single-familyProperty Type
2000Year Built
1 acresLot Size
$137Est. Price/Sq.Ft.
6 spacesParking
Listed by Lee Buzalek• Empower Real Estate, LLC
•302-738-2300 (broker)
•vicki@kwempower.com (broker)
Bought with Maria Baldini• Patterson-Schwartz-Hockessin
OH the Possibilities! Outstanding Ranch situated on 1 Acre corner lot, much larger than appears. Original owners have maintained, updated & improved this 5 Bdrm, 3 Full Bath property extensively. Detached 3 Car Garage added in 2007, AC New in 2010. Original 2 Car Garage is now a warm & welcoming Family Rm w/ French Doors. Basement w/ walkup has been finished to include: Large Rec Rm, Full Bath, & an Addt'l Rms for buyers decision on use. Updated carpet throughout home. New kitchen w/ Butler's Pantry. New concrete patio and Gazebo overlooking Fenced yard w/ privacy Treeline. Living Rm features Gas Fireplace & Crown Molding. .. The list goes on and on! This Expansive Ranch is a must see!
Year
Property tax
Land + Additions
Assessment*
2025
$4,476 (+15.0%)
$120,000 + $411,400
$531,400
2024
$3,892 (+17.7%)
$120,000 + $411,400
$531,400
2023
$3,307 (−0.7%)
$15,000 + $78,000
$93,000
2022
$3,331 (+1.2%)
$15,000 + $78,000
$93,000
2021
$3,291 (+1.2%)
$15,000 + $78,000
$93,000
2020
$3,253 (+8.0%)
$15,000 + $78,000
$93,000
2019
$3,012 (+3.9%)
$15,000 + $78,000
$93,000
2018
$2,899 (+4.4%)
$15,000 + $78,000
$93,000
2017
$2,776 (+9.5%)
$15,000 + $78,000
$93,000
2016
$2,536 (+2.8%)
$15,000 + $78,000
$93,000
2015
$2,466 (+0.2%)
$15,000 + $78,000
$93,000
2014
$2,461 (−1.8%)
$15,000 + $78,000
$93,000
2013
$2,507 (+59.3%)
$15,000 + $78,000
$93,000
2012
$1,574
$15,000 + $78,000
$93,000
Tax history for 501 Ratledge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,476 (+15.0%)
$120,000 + $411,400
$531,400
2024
$3,892 (+17.7%)
$120,000 + $411,400
$531,400
2023
$3,307 (−0.7%)
$15,000 + $78,000
$93,000
2022
$3,331 (+1.2%)
$15,000 + $78,000
$93,000
2021
$3,291 (+1.2%)
$15,000 + $78,000
$93,000
2020
$3,253 (+8.0%)
$15,000 + $78,000
$93,000
2019
$3,012 (+3.9%)
$15,000 + $78,000
$93,000
2018
$2,899 (+4.4%)
$15,000 + $78,000
$93,000
2017
$2,776 (+9.5%)
$15,000 + $78,000
$93,000
2016
$2,536 (+2.8%)
$15,000 + $78,000
$93,000
2015
$2,466 (+0.2%)
$15,000 + $78,000
$93,000
2014
$2,461 (−1.8%)
$15,000 + $78,000
$93,000
2013
$2,507 (+59.3%)
$15,000 + $78,000
$93,000
2012
$1,574
$15,000 + $78,000
$93,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.