NOT LISTED FOR SALE

116 Time Cir Bear, DE 19701

Estimated Value: $454,000 - $506,000

3 Beds
3.5 Baths
3,300 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $394,900 $120 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,787/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Community Pool
  • Recreation Room
  • No HOA
  • Breakfast Room

About This Home

As of January 2022

Rarely available beautiful townhome in the highly sought after community of Meridian Crossing. This luxurious full brick-front facade townhome offers 3 bedrooms, 3.5 Baths, and a 2-car detached rear-entry garage. This unit has a three level bump out which increases the size of the lower level recreational room, adds a breakfast room to the kitchen on the main level, and adds a sitting area to the master bedroom on the upper level. Upon entering the lower level offers a recreational/ media room complete with a full bathroom and laundry area. There is a small sitting room that can also be used a home office. The open floor plan offers flexibility for mixed uses. The second level features a large living area which opens to overlook the foyer, a formal living room, powder room, large eat-in kitchen with an island and breakfast room. The master bedroom offers vaulted ceilings, carpeted flooring, walk-in closet, and a four-piece bathroom complete with soaking tub, double vanity, water closet, and tiled shower. Community has so much to offer including; four playgrounds, baseball diamond, soccer field, tennis courts, basketball courts, gazebo and picnic areas, and a resort-style cabana & pool. SPECIAL CLAUSES 1) No smoking permitted 2) No pets permitted 3) Tenant pays all utilities including: water and trash 4) Tenant responsible for lawn care to include grass cutting, weeding, leaf removal and snow removal 5) Ice makers and garbage disposal will be repaired at owner’s discretion 6) Tenant pays all utilities not provided by HOA/Condo Association 7) Renters insurance required

Last Agent to Rent the Property

Aaron Marshall

(302) 234-5240 amarshall@psre.com Patterson-Schwartz-Property Management Listed on: 01/18/2022

Patterson-Schwartz-Property Management

Last Renter's Agent

Leshanda Loatman

(302) 433-6755 lloatman@kw.com Keller Williams Realty Wilmington License #RS-0024208

Keller Williams Realty Wilmington

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,655

Year Built

  • Built in 2007

Lot Details

  • 2,614

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • Property has 3 Levels
  • Breakfast Room
  • Dining Room
  • Recreation Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • William Penn High School

Utilities

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

Additional Features

  • Exterior Lighting
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,250
  • Tenant pays for cable TV, electricity, gas, heat, hot water, insurance, lawn/tree/shrub care, snow removal, trash removal, water
  • Rent includes sewer
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 1/18/22
  • $50 Application Fee
  • Assessor Parcel Number 10-048.20-145

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

$3,655

Year Built

Built in 2007

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2022-01-18
  • Application Fee: 50.00
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Rent Includes: Sewer
  • Security Deposit: 2250.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Gas, Heat, Hot Water, Insurance, Lawn/Tree/Shrub Care, Snow Removal, Trash Removal, Water
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Inclusions: Refrigerator, Washer, Dryer, Range, Microwave
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Carpet, Hardwood
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Breakfast Room, Recreation Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3300
  • Living Area Sq Ft: 3300
  • Price Per Sq Ft: 0.68
  • Above Grade Finished Sq Ft: 3300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick, Vinyl Siding
  • Exterior Features: Exterior Lighting
  • 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
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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
  • High School: WILLIAM PENN

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Zoning: ST

Tax Info

  • Assessor Parcel Number: 2331526
  • Assessor Parcel Number: 10-048.20-145

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Jan 10, 2022
Sold by
Thomas Jr John L
Bought by
Patel Vimalkumar and Patel Sejalben Vimalkumar
Seller's Agent
Aaron Marshall
Patterson-Schwartz-Property Management
Buyer's Agent
Leshanda Loatman
Keller Williams Realty Wilmington
Sold Price
$2,400
Current Estimated Value
$471,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,389
Avg. Annual Appreciation
4.74%

Purchase Details

Closed on
Dec 29, 2011
Sold by
Bergen Delaware Realty Llc
Bought by
The Provident Bank

Purchase Details

Closed on
Jul 31, 2007
Sold by
Nvr Inc
Bought by
Thomas Dennis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,950
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2007
Sold by
Meridian Crossing Funding Co Inc
Bought by
Nvr Inc

Purchase Details

Closed on
Mar 15, 2006
Sold by
Reybold Venture Group Xi-E Llc
Bought by
Meridian Crossing Funding Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,100,000
Interest Rate
6.32%
Mortgage Type
Construction
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
Patel Vimalkumar -- Ward & Taylor Llc
The Provident Bank -- None Available
Thomas Dennis E $358,715 None Available
Nvr Inc $684,985 None Available
Meridian Crossing Funding Co Inc $13,040,718 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Dennis E $286,950
Previous Owner Meridian Crossing Funding Co Inc $24,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2022 01/26/22 Rented $2,400 +6.7% --
01/18/2022 01/18/22 For Rent $2,250 0.0% --
01/10/2022 01/10/22 Sold $394,900 -1.3% $120 / Sq Ft View Prior Sale
01/08/2022 01/08/22 Price Changed $399,900 0.0% $121 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $399,900 -- $121 / 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 $3,655 $105,100 $5,700 $99,400
2023 $3,341 $105,100 $5,700 $99,400
2022 $3,479 $105,100 $5,700 $99,400
2021 $3,477 $105,100 $5,700 $99,400
2020 $3,500 $105,100 $5,700 $99,400
2019 $3,635 $105,100 $5,700 $99,400
2018 $92 $105,100 $5,700 $99,400
2017 $2,875 $105,100 $5,700 $99,400
2016 $2,875 $105,100 $5,700 $99,400
2015 $2,875 $105,100 $5,700 $99,400
2014 $2,891 $105,100 $5,700 $99,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2015102

Bright MLS

APN: 10-048.20-145