NOT LISTED FOR SALE

2 Dearborn Ln Bear, DE 19701

Estimated Value: $596,097 - $646,000

4 Beds
2.5 Baths
2,825 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 15, 2015

Last sale price $250,000 $88 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,594/month

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Attached Garage
  • Olive B. Loss Elementary School Rated A+
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of February 2015

Home needs many repairs. Cash or rehab loan only. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A.

Last Agent to Sell the Property

Michael Eddy

(302) 293-8323 reosince1991@gmail.com Concord Realty Group Listed on: 09/10/2014

Concord Realty Group

Last Buyer's Agent

Curtis Tyler

(302) 547-5237 ctylerrealestate@comcast.net RE/MAX Associates-Wilmington License #rs157179a

RE/MAX Associates-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 1997

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 115x150
  • Property is in below average condition
  • Property is zoned NC21

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,825 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Clear Creek Subdivision

Listing and Financial Details

  • Tax Lot 071
  • Assessor Parcel Number 11-041.40-071

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,530

Year Built

Built in 1997

Lot Details

0

HOA Fees

$16 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2825
  • Living Area Sq Ft: 2825
  • Net Sq Ft: 2825.00
  • Price Per Sq Ft: 90.09
  • Above Grade Finished Sq Ft: 2825
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Construction Completed: No
  • 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: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 188.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 81100.00
  • Land Assessed Value: 14500.00
  • Lot Size Acres: 0.41
  • Lot Dimensions: 115X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17860.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Below Average
  • Zoning: NC21

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2349907
  • Tax Annual Amount: 2530.00
  • Assessor Parcel Number: 11-041.40-071
  • Tax Lot: 071
  • Tax Year: 2014

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2017
Sold by
Simpson Simpson Jr Lee V Jr Lee V and Simpson Newby Alethia
Bought by
Patton Alethea and Patton Jerome K
Current Estimated Value
$617,524

Purchase Details

Listed on
Sep 10, 2014
Closed on
Jan 14, 2015
Sold by
The Bank Of New York Mellon
Bought by
Simpson Simpson Jr Lee V Jr Lee V and Simpson Newby Alethia
Seller's Agent
Michael Eddy
Concord Realty Group
Buyer's Agent
Curtis Tyler
RE/MAX Associates-Wilmington
List Price
$280,000
Sold Price
$250,000
Premium/Discount to List
-$30,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$278,584
Outstanding Balance
$220,312
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$397,212
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
Patton Alethea -- None Available
Simpson Simpson Jr Lee V Jr Lee V $250,000 Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Simpson Jr Lee V Jr Lee V $278,584
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2015 02/15/15 Sold $250,000 -1.8% $88 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
10/10/2014 10/10/14 Price Changed $254,500 -9.3% $90 / Sq Ft
10/09/2014 10/09/14 Price Changed $280,500 +0.2% $99 / Sq Ft
09/10/2014 09/10/14 For Sale $280,000 -- $99 / 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 $4,150 $95,600 $14,500 $81,100
2023 $3,561 $95,600 $14,500 $81,100
2022 $3,571 $95,600 $14,500 $81,100
2021 $3,527 $95,600 $14,500 $81,100
2020 $3,488 $95,600 $14,500 $81,100
2019 $3,627 $95,600 $14,500 $81,100
2018 $3,136 $95,600 $14,500 $81,100
2017 $3,010 $95,600 $14,500 $81,100
2016 $2,741 $95,600 $14,500 $81,100
2015 $2,669 $95,600 $14,500 $81,100
2014 $2,676 $95,600 $14,500 $81,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003081426

Bright MLS

APN: 11-041.40-071