$547,323 - $588,000
RENTED JUN 13, 2025

116 Grissom Dr Bear, DE 19701

5 Beds
3.5 Baths
3,725 Sq Ft
$151 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Community Pool
  • Forced Air Heating and Cooling System
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2025

Luxurious 5 Bedroom and 3.5 Bathroom spacious home (4,100 sq ft) included 2 Car Garage, Finished Basement and Deck. This home is newly built in 2019 and located in a quiet, beautiful community "Meridian Crossing" Bear, Delaware. Wide open living space on the first-floor features, luxurious kitchen with upgraded appliances, dining area, laundry room and large living room. First floor also has a bedroom with an attached full bathroom. 2nd floor has 4 bedrooms with 2 full bathrooms. Master bedroom has 5 windows with a beautiful view and attached walking closet. 3 out of 4 bedrooms has walking closet Basement is fully furnished (Laminated floor) features: complete home theater setup with in-built wirings and 9 speakers installed in wall/roof with Dolby Atmos, Basement also has a bathroom. Community has so much to offer including; Swimming pool, four playgrounds, baseball diamond, soccer field, tennis courts, basketball courts, kids parks (with multiple slides and swings) Owner pays for Trash Removal, and Landscaping. Tenant pays for Water, Gas, and Electric. No pets allowed Owner pays for Trash Removal, and Landscaping. Tenant pays for Water, Gas, and Electric. SPECIAL CLAUSES: 1) No Smoking Permitted 2) No Pets 3) Tenant pays all utilities including water & sewer 4) Tenant pays for cable 5) Tenant must provide proof of renters insurance and show proof at the time of occupancy 6) No alterations or painting without the written permission of the Owner. 7) The tenant must use floor protectors under all furniture resting on hardwood & laminate floors

Last Agent to Rent the Property

Gobinatha MuthugowderPalani

Tesla Realty Group, LLC License #RS346069 Listed on: 05/15/2025

Tesla Realty Group, LLC

Last Renter's Agent

Gobinatha MuthugowderPalani

Tesla Realty Group, LLC License #RS346069 Listed on: 05/15/2025

Tesla Realty Group, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,688

Year Built

  • Built in 2019

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Aluminum Siding
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,725 Sq Ft Home
  • Property has 2 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,600
  • 12-Month Min and 24-Month Max Lease Term
  • Available 5/15/25
  • Assessor Parcel Number 10-052.10-145

Community Details

Overview

  • No Home Owners Association
  • Meridian Crossing Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,688

Year Built

Built in 2019

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2025-05-15
  • Pets Allowed: No
  • Security Deposit: 3600.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Main
  • Expected On Market: 5/18/2025 12:00:00 AM
  • Year Built: 2019
  • Remarks Public: Luxurious 5 Bedroom and 3.5 Bathroom spacious home (4,100 sq ft) included 2 Car Garage, Finished Basement and Deck. This home is newly built in 2019 and located in a quiet, beautiful community "Meridian Crossing" Bear, Delaware. Wide open living space on the first-floor features, luxurious kitchen with upgraded appliances, dining area, laundry room and large living room. First floor also has a bedroom with an attached full bathroom. 2nd floor has 4 bedrooms with 2 full bathrooms. Master bedroom has 5 windows with a beautiful view and attached walking closet. 3 out of 4 bedrooms has walking closet Basement is fully furnished (Laminated floor) features: complete home theater setup with in-built wirings and 9 speakers installed in wall/roof with Dolby Atmos, Basement also has a bathroom. Community has so much to offer including; Swimming pool, four playgrounds, baseball diamond, soccer field, tennis courts, basketball courts, kids parks (with multiple slides and swings) Owner pays for Trash Removal, and Landscaping. Tenant pays for Water, Gas, and Electric. No pets allowed Owner pays for Trash Removal, and Landscaping. Tenant pays for Water, Gas, and Electric. SPECIAL CLAUSES: 1) No Smoking Permitted 2) No Pets 3) Tenant pays all utilities including water & sewer 4) Tenant pays for cable 5) Tenant must provide proof of renters insurance and show proof at the time of occupancy 6) No alterations or painting without the written permission of the Owner. 7) The tenant must use floor protectors under all furniture resting on hardwood & laminate floors
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3725
  • Living Area Sq Ft: 3725
  • Price Per Sq Ft: 0.97
  • Above Grade Finished Sq Ft: 3725
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stone, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: COLONIAL
  • School District Key: 300200396891
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Zoning: RES

Tax Info

  • Assessor Parcel Number: 10-052.10-145
  • Close Date: 06/13/2025

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2019
Sold by
Reybold Venture Group Xv Llc
Bought by
Sharma Rajeev and Kumari Moni
Current Estimated Value
$562,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,484
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Sharma Rajeev -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sharma Rajeev $372,000
Closed Sharma Rajeev $372,000
Closed Sharma Rajeev $375,484
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Rented $3,600 0.0% --
05/28/2025 05/28/25 Price Changed $3,600 -5.3% $1 / Sq Ft
05/15/2025 05/15/25 For Rent $3,800 +5.6% --
03/01/2023 03/01/23 Rented $3,600 0.0% --
02/15/2023 02/15/23 Under Contract -- -- --
02/07/2023 02/07/23 Price Changed $3,600 -4.0% $1 / Sq Ft
01/31/2023 01/31/23 For Rent $3,750 -- --
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 $3,688 $110,600 $7,500 $103,100
2023 $3,008 $110,600 $7,500 $103,100
2022 $3,506 $110,600 $7,500 $103,100
2021 $3,507 $110,600 $7,500 $103,100
2020 $3,447 $108,000 $7,500 $100,500
2019 $4 $108,000 $7,500 $100,500
2018 $191 $6,100 $6,100 $0
2017 $136 $5,200 $5,200 $0
2016 $136 $5,200 $5,200 $0
2015 $136 $5,200 $5,200 $0
2014 $136 $5,200 $5,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2079996

Bright MLS

APN: 10-052.10-145