NOT LISTED FOR SALE

116 Loretta Ln Bear, DE 19701

Estimated Value: $544,000 - $628,201

4 Beds
3 Baths
4,000 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $540,000 $135 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,568/month

3 Days on Market

Highlights

  • 0.51 Acre Lot
  • Wood Flooring
  • 2 Car Attached Garage
  • Colonial Architecture
  • No HOA
  • Central Air

About This Home

As of October 2023

Welcome to this charming 4 bedroom, 2 1/2 bath colonial situated in the highly sought-after neighborhood of Caravel Farms. This home offers a picturesque setting, as it backs to a beautiful wooded area, providing both privacy and tranquility. As you enter, you'll immediately be greeted by the traditional appeal that this home exudes. The spacious living area boasts a seamless flow, making it perfect for both relaxing evenings with family and entertaining guests. Upstairs, you'll find four generously-sized bedrooms, each offering a comfortable retreat for rest and relaxation. The primary bedroom features an ensuite bathroom. The additional bedrooms share a well-appointed full bathroom, ensuring convenience for everyone in the household. One of the highlights of this property is the two-car garage, which offers dual access to the home. This feature not only provides convenience but also adds an extra layer of security and peace of mind. Step outside onto the back patio and you'll be captivated by the serene views of the surrounding trees. Imagine sipping your morning coffee or hosting summer cookouts in this idyllic outdoor space. With easy access to schools, shopping, dining, and major transportation routes, you'll enjoy the convenience of suburban living without sacrificing accessibility. Brand new roof, water heater and HVAC! Don't miss out on the opportunity to own this classic colonial in Caravel Farms. Schedule a viewing today and discover the perfect blend of comfort, style, and serenity that awaits you in this wonderful home.

Last Agent to Sell the Property

Annie Barker

(443) 309-5801 annieandnickbarker@gmail.com Integrity Real Estate License #RSR003597 Listed on: 09/02/2023

Integrity Real Estate

Last Buyer's Agent

Eugene Lestardo

(302) 991-9800 elestardo22@gmail.com Coldwell Banker Realty License #0038116

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,181

Year Built

  • Built in 1987

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 130.00 x 170.00
  • Property is in excellent condition
  • Property is zoned NC21

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Caravel Farms Subdivision

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 11-027.00-113

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,181

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-09-02
  • Federal Flood Zone: No
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Hardwood, Laminated, Vinyl
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Basement Finished Percent: 80.00
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 180.30
  • Above Grade Finished Sq Ft: 3050
  • Below Grade Finished Sq Ft: 950
  • Total Below Grade Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding, Aluminum Siding
  • Roof: Composite, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Built In
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.51
  • Lot Dimensions: 130.00 x 170.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22216.00
  • Property Condition: Excellent
  • Zoning: NC21
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 4144.00
  • Tax Annual Amount: 5181.00
  • Assessor Parcel Number: 11-027.00-113
  • Tax Lot: 113
  • 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
Sep 2, 2023
Closed on
Oct 10, 2023
Sold by
Cummings John K
Bought by
Cecconi William J and Cecconi Cara Lyn
Seller's Agent
Annie Barker
Integrity Real Estate
Buyer's Agent
Eugene Lestardo
Coldwell Banker Realty
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%
Views
179
Current Estimated Value
$597,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,300
Avg. Annual Appreciation
4.56%
Original Mortgage
$513,000
Outstanding Balance
$496,794
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$100,506

Purchase Details

Closed on
May 7, 2019
Sold by
Cummings Larry G and Cummings Dolores
Bought by
Cummings John K

Purchase Details

Closed on
Nov 7, 1986
Bought by
Cummings Larry G and Cummings Dolores
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cecconi William J -- None Listed On Document
Cummings John K $261,250 None Available
Cummings Larry G $15,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cecconi William J $513,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2023 10/10/23 Sold $540,000 -1.8% $135 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
09/02/2023 09/02/23 For Sale $549,900 0.0% $137 / Sq Ft
08/30/2023 08/30/23 Price Changed $549,900 -- $137 / 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 $5,340 $125,400 $16,400 $109,000
2023 $5,193 $125,400 $16,400 $109,000
2022 $5,181 $125,400 $16,400 $109,000
2021 $4,597 $125,400 $16,400 $109,000
2020 $4,597 $125,400 $16,400 $109,000
2019 $4,597 $125,400 $16,400 $109,000
2018 $551 $125,400 $16,400 $109,000
2017 $3,590 $125,400 $16,400 $109,000
2016 $3,590 $125,400 $16,400 $109,000
2015 $3,726 $125,400 $16,400 $109,000
2014 $3,725 $125,400 $16,400 $109,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2048062

Bright MLS

APN: 11-027.00-113