NOT LISTED FOR SALE

120 Loretta Ln Bear, DE 19701

Estimated Value: $435,020 - $536,000

3 Beds
2 Baths
1,941 Sq Ft
$251/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $315,000 $162 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,856/month

2 Days on Market

Highlights

  • 0.51 Acre Lot
  • Wood Flooring
  • 2 Car Direct Access Garage
  • Rambler Architecture
  • Attic
  • Porch

About This Home

As of December 2018

Rare Ranch Style Home. Quick Settlement Possible. Not too small, not too big. Welcome to this beautiful 3 Bed, 2 Bath Brick Ranch, 0.51 acres, Premium Lot backs to trees for privacy and provides the beauty of fall colors. Original owners have taken great care of this home. Covered Front Porch. Gleaming hardwood flooring throughout the majority of the home (LR, FR, DR, Each BedRm and Hall), quality 6-panel white interior doors. Apprx age Roof yr 2013 and HVAC yr 2002. Other improvements include New Kitchen Appliances, Washer and Dryer; Home Generator, Heavy Vinyl Interior Shutter Style Blinds (magnetic and multi-level closures) including the Shutter Slider Panels on the sliding door in the Dining Rm. Enter into the large Living Room with front window view, crown molding, opens to Dining and Kitchen or French doors to the Family Room. The Family Room features multiple windows with back and front view and full Brick wood burning fireplace and crown molding. Spacious Kitchen with double sink, window to view backyard, new stainless/black appliances include Dishwasher, Microwave, Stove, Refrig, and has open space for more cabinet/counters if desired, finishing touches of crown/chair molding which continues into the Dining. The Dining Room is great for everyday or formal gatherings, tiffany style light and sliding door to the Multi-Season SunRoom; which offers surround windows with screens, brick wall, ceiling fan, concrete floor for low maintenance, side door to backyard. The Hall Bath was updated with new toilet and countertop, oversized vanity, with tile flooring and walls and shower/tub. The Master Suite has double door sliding closet doors, back window view, fully renovated private bath with a gorgeous shower/tub with shelving, oversized sink vanity, new vinyl floor and has a window with back view. Beds 2 and 3 are spacious with front window view. Full size basement w/concrete block, sump pump, French drain, good ceiling height and great for storage or additional living space. Laundry Rm located between Family Rm and Garage, new W/D and has a laundry sink. Side entry 2-car garage, with two door openers and keypad entry, oversized blacktop driveway. Beautiful and matured landscaped yard, curved design with blend of red and white stone and some paver border stone. Home also includes a Generac Generator and Security System. Room sizes are approx. HOA Info/Amount to be confirmed by Buyer.

Last Agent to Sell the Property

Lisa Johannsen

(302) 270-5082 ljohannsen@psre.com Patterson-Schwartz-Middletown License #RS-0019702 Listed on: 11/12/2018

Patterson-Schwartz-Middletown

Last Buyer's Agent

Stephen Mottola

(302) 437-6600 stephen@mottolagroup.com Compass License #R3-0010595

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,041

Year Built

  • Built in 1987

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 130 x 170
  • Property is in good condition
  • Property is zoned NC21

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 1,941 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Attic

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, snow removal
  • Caravel Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-027.00-111

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,041

Year Built

Built in 1987

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Appliances, Home Generator
  • New Construction: No
  • Story List: Main
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Dining Area
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Drainage System
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1941
  • Living Area Sq Ft: 1941
  • Net Sq Ft: 1941.00
  • Price Per Sq Ft: 167.39
  • Above Grade Finished Sq Ft: 1941
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick, Shingle Siding
  • Roof: Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 35.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.51
  • Lot Dimensions: 130 X 170
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22216.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2343844
  • Tax Annual Amount: 3041.00
  • Assessor Parcel Number: 11-027.00-111
  • Tax Year: 2017

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Dec 14, 2018
Sold by
Watkins Charles T and Bailey Kathryn Ann
Bought by
Morris Glenn and Morris Adrian
Seller's Agent
Lisa Johannsen
Patterson-Schwartz-Middletown
Buyer's Agent
Stephen Mottola
Compass
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%
Current Estimated Value
$487,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,505
Avg. Annual Appreciation
6.46%
Original Mortgage
$205,000
Outstanding Balance
$180,970
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$306,535

Purchase Details

Closed on
Oct 1, 1986
Bought by
Watkins Charles T and Watkins Ann H
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
Morris Glenn $315,000 None Available
Watkins Charles T $15,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Glenn $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $315,000 -3.0% $162 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $324,900 -- $167 / 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 $3,460 $93,000 $16,400 $76,600
2023 $3,852 $93,000 $16,400 $76,600
2022 $3,843 $93,000 $16,400 $76,600
2021 $3,762 $93,000 $16,400 $76,600
2020 $3,664 $93,000 $16,400 $76,600
2019 $3,418 $93,000 $16,400 $76,600
2018 $413 $93,000 $16,400 $76,600
2017 $3,034 $93,000 $16,400 $76,600
2016 $3,034 $93,000 $16,400 $76,600
2015 -- $93,000 $16,400 $76,600
2014 $2,763 $93,000 $16,400 $76,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC101302

Bright MLS

APN: 11-027.00-111