NOT LISTED FOR SALE

223 Altair Way Bear, DE 19701

Estimated Value: $463,000 - $481,000

4 Beds
3.5 Baths
2,950 Sq Ft
$160/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $355,000 $120 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,869/month

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Community Pool
  • Brick Front

About This Home

As of April 2021

Part of the architecturally diverse and expansive Meridian Crossing community, this freshly painted, move-in-ready, 3-story townhome offers a lot of living space and features an open floor plan on the main living level. You will delight in the many benefits this handsome home has to offer, including a finished entry level with a large carpeted room that can accommodate a variety of needs, a full bath, and a rear entry hall that leads to the exterior garage, and a 4-foot extension to this impressive home. Immediate features upstairs on the main level include new hardwood flooring throughout the open living room and dining room, new shoe molding, coordinated window blinds, and recessed lighting throughout. The eye-catching open kitchen features coordinated stainless-steel appliances including a built-in gas range with a built-in microwave oven above, a French door refrigerator, a dishwasher, and a double stainless-steel sink. In addition, sliders in the adjacent dining area opens to the expansive rear deck and add to the appeal of this home. Upstairs, the hallway features a laundry closet and new laminate flooring. The primary bedroom features a walk-in closet, a lighted ceiling fan, and en suite bath with a large double vanity, a soaking tub, and a corner shower. Two additional bedrooms and a hall bath complete the upper level. The close proximity to shopping, dining, parks, and major highways are additional reasons for you to make 223 Altair Way your new home.

Last Agent to Sell the Property

Ashu Behal

(302) 897-7205 abehal@psre.com Patterson-Schwartz-Hockessin Listed on: 03/26/2021

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Monica Hill

(302) 563-5637 MonicaHill@verizon.net RE/MAX Associates-Wilmington License #RS347136

RE/MAX Associates-Wilmington

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,233

Year Built

  • Built in 2014

Lot Details

  • 3,049 Sq Ft Lot

HOA Fees

  • $107 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 2,950 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1004820182

Community Details

Overview

  • Association Phone (800) 870-0010
  • Meridian Crossing Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,233

Year Built

Built in 2014

Lot Details

0

HOA Fees

$107 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2014
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2950
  • Living Area Sq Ft: 2950
  • Price Per Sq Ft: 122.03
  • Above Grade Finished Sq Ft: 2950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • 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: Brick Front, Vinyl Siding
  • Exterior Features: Sidewalks
  • 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 Door Opener
  • 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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 107.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Phone: 8008700010
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Zoning: ST
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2331563
  • Tax Annual Amount: 3233.00
  • Assessor Parcel Number: 1004820182
  • Tax Year: 2020

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 27, 2021
Sold by
Gottipati Koteswara and Mannam Naga Sowmya
Bought by
Young William B
Seller's Agent
Ashu Behal
Patterson-Schwartz-Hockessin
Buyer's Agent
Monica Hill
RE/MAX Associates-Wilmington
List Price
$360,000
Sold Price
$355,000
Premium/Discount to List
-$5,000
-1.39%
Current Estimated Value
$471,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,636
Avg. Annual Appreciation
6.52%
Original Mortgage
$284,000
Outstanding Balance
$257,375
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$214,261

Purchase Details

Closed on
Oct 10, 2014
Sold by
Ryland Group Inc
Bought by
Gottipati Koteswara and Mannam Naga Sowmya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

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

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
Young William B -- Independence Title
Gottipati Koteswara $240,000 None Available
The Provident Bank -- None Available
Meridian Crossing Funding Co Inc $13,040,718 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young William B $284,000
Previous Owner Gottipati Koteswara $304,000
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
04/30/2021 04/30/21 Sold $355,000 -1.4% $120 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $360,000 -- $122 / 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 $3,377 $97,100 $5,900 $91,200
2023 $3,087 $97,100 $5,900 $91,200
2022 $3,214 $97,100 $5,900 $91,200
2021 $3,213 $97,100 $5,900 $91,200
2020 $3,233 $97,100 $5,900 $91,200
2019 $3,497 $97,100 $5,900 $91,200
2018 $241 $97,100 $5,900 $91,200
2017 $2,573 $97,100 $5,900 $91,200
2016 $2,573 $97,100 $5,900 $91,200
2015 $2,657 $97,100 $5,900 $91,200
2014 $118 $4,300 $4,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC523276

Bright MLS

APN: 10-048.20-182