NOT LISTED FOR SALE

111 Einstein Dr Bear, DE 19701

Estimated Value: $348,000 - $383,000

3 Beds
2.5 Baths
2,000 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $340,000 $170 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,248/month

2 Days on Market

Highlights

  • 47 Feet of Waterfront
  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Water Oriented
  • Lake View
  • Deck

About This Home

As of September 2023

Experience the elegance of this end-unit, brick-front townhome in the inviting community of The Verandes, where awe-inspiring lake views are a daily delight. This residence showcases a blend of style and comfort, enhanced by modern efficiency. The heart of the home is the spacious and inviting kitchen, equipped with a versatile center island perfect for meal prep or casual dining. Adjacent to the kitchen is the dining room featuring a convenient pass-through that enhances the open and connected atmosphere of the main floor. Adding to the allure of the main floor is the living room, graced with gleaming hardwood floors complete with a decorative inlay, a cozy fireplace for cooler nights, and recessed lighting. Sliding doors reveal an expansive 5-year-old deck on the main floor, serving as an outdoor oasis with breathtaking views of the serene lake. This deck creates a perfect space for entertaining guests or simply enjoying a quiet morning coffee while soaking in the picturesque view.

Venture upstairs to discover the Owner's Suite, a true sanctuary bathed in natural light and an impressive vaulted ceiling. It features a private second deck that provides an uninterrupted vista of the tranquil water and woodland scenery. This space creates an exclusive retreat for relaxation and rejuvenation. The home features two additional spacious bedrooms, perfectly suited for a growing family, guest accommodations, or home office space. The lower level is currently utilized as a fitness room that leads to a walkout to a concrete patio. Stay dry in any weather on this patio, thanks to the under-deck roofing system with a gutter installed beneath the upper deck, keeping the area underneath dry and usable even during rain.

Every inch of this home, both interior and exterior, has been meticulously cared for. The exterior boasts the addition of two recent decks and pristine maintenance, while the interior presents an immaculate atmosphere highlighted by fresh paint throughout. Enhancing its modern appeal and energy efficiency are the recently installed solar panels. For your convenience and peace of mind, utilize the garage for secure parking and additional storage. Don't miss out on the opportunity to own a part of The Verandes, where the charm of suburban living meets the convenience of city amenities. Your dream home framed by lake views awaits!

Last Agent to Sell the Property

Michael Terranova

(302) 299-6621 mike@TheTerranovaTeam.com Keller Williams Realty Wilmington License #RS338692 Listed on: 07/01/2023

Keller Williams Realty Wilmington

Last Buyer's Agent

David Landon

(302) 218-8473 davelandon@gmail.com Patterson-Schwartz-Newark License #521092

Patterson-Schwartz-Newark

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,587

Year Built

  • Built in 1994

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 46.80 x 139.10
  • 47 Feet of Waterfront
  • Decorative Fence
  • Aluminum or Metal Fence
  • Wooded Lot
  • Property is in excellent condition

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Lighted Parking
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Property Views

  • Lake
  • Pond
  • Woods

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Marble Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Gourmet Kitchen
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Deck
  • Patio
  • Rain Gutters

Schools

  • Jones Elementary School
  • Shue-Medill Middle School
  • Christiana High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 707
  • Assessor Parcel Number 10-033.10-707

Community Details

Overview

  • The Verandes Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,587

Year Built

Built in 1994

Lot Details

0

HOA Fees

$2 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • Exclusions: The hot tub is not included, but negotiable. Personal property.
  • Inclusions: Solar Panels. The hot tub is negotiable.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-07-01
  • Federal Flood Zone: No
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Kitchen - Eat-In, Kitchen - Gourmet
  • Fireplace Features: Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 189.44
  • Above Grade Finished Sq Ft: 1610
  • Below Grade Finished Sq Ft: 390
  • Total Below Grade Sq Ft: 390
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding, Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights, Gutter System
  • Roof: Pitched, Shingle
  • View: Water, Lake, Pond, Trees/Woods
  • Water Access: No
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 47

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway, Lighted Parking
  • Garage Features: Garage - Front Entry, Covered Parking, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, On Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 25.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: JONES
  • High School: CHRISTIANA
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Fencing: Decorative, Aluminum
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.13
  • Lot Dimensions: 46.80 x 139.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Outdoor Living Structures: Deck(s), Patio(s), Roof
  • Property Condition: Excellent
  • Zoning: NCPUD
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 2069.00
  • Tax Annual Amount: 2587.00
  • Assessor Parcel Number: 10-033.10-707
  • Tax Lot: 707
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2023
Closed on
Sep 1, 2023
Sold by
Parkinson Anthony and Parkinson Meredith
Bought by
Dinavahi Vijay B and Dinavahi Soumya S
Seller's Agent
Michael Terranova
Keller Williams Realty Wilmington
Buyer's Agent
David Landon
Patterson-Schwartz-Newark
List Price
$305,000
Sold Price
$340,000
Premium/Discount to List
$35,000
11.48%
Views
582
Current Estimated Value
$384,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,992
Avg. Annual Appreciation
3.50%
Original Mortgage
$223,300
Outstanding Balance
$218,493
Interest Rate
6.88%
Mortgage Type
Construction
Estimated Equity
$149,756

Purchase Details

Closed on
Mar 17, 2011
Sold by
Jdm One Llc
Bought by
Parkinson Anthony and Moeller Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,933
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 2006
Sold by
Cavanaugh Thomas J
Bought by
Jdm One Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dinavahi Vijay B -- None Listed On Document
Parkinson Anthony $195,900 None Available
Jdm One Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinavahi Vijay B $223,300
Previous Owner Parkinson Anthony $190,933
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $340,000 +11.5% $170 / Sq Ft
07/04/2023 07/04/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $305,000 -- $153 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,751 $62,600 $8,000 $54,600
2023 $2,679 $62,600 $8,000 $54,600
2022 $2,660 $62,600 $8,000 $54,600
2021 $2,604 $62,600 $8,000 $54,600
2020 $2,532 $62,600 $8,000 $54,600
2019 $2,425 $62,600 $8,000 $54,600
2018 $2,195 $62,600 $8,000 $54,600
2017 $2,120 $62,600 $8,000 $54,600
2016 $2,103 $62,600 $8,000 $54,600
2015 $1,923 $62,600 $8,000 $54,600
2014 $1,925 $62,600 $8,000 $54,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2044988

Bright MLS

APN: 10-033.10-707