NOT LISTED FOR SALE

227 Altair Way Bear, DE 19701

Estimated Value: $472,000 - $485,000

4 Beds
2.5 Baths
2,925 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $305,000 $104 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,865/month

Highlights

  • Clubhouse
  • Cathedral Ceiling
  • Community Pool
  • Traditional Architecture
  • Wood Flooring
  • Tennis Courts

About This Home

As of June 2018

Beautiful 4 bedroom, 2 ? bath end unit in popular Meridian Crossing! This home has tons of upgrades including an above ground finished basement with a full bedroom, a tiled mud room, and a spacious family room. The main level offers beautiful hardwood floors, an open floor plan with the living room overlooking the gourmet kitchen with granite counters, a center island, 42" cabinets, and stainless steel appliances. The upper level has 3 additional bedrooms including the master bedroom with a walk-in closet and a full bath complete with soaking tub, his and her sinks, and a separate shower. Other amenities of this fine home include upgraded carpets, cathedral ceilings, recessed lighting, a gas fireplace, a two-car garage, and use of Meridian Crossing's beautiful clubhouse complete with over-sized pool, fitness center, lounge, gourmet kitchen, video-viewing area, and conference room!

Last Agent to Sell the Property

Marilyn Green

(888) 764-7336 bgreen@bertgreenassoc.com RE/MAX Associates-Wilmington License #R1-0001374 Listed on: 05/11/2018

RE/MAX Associates-Wilmington

Last Buyer's Agent

Lonie Welch

(302) 530-0831 lwelch@psre.com Patterson-Schwartz - Greenville

Patterson-Schwartz - Greenville

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 2014

Lot Details

  • 4,356 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,925 Sq Ft Home
  • Property has 3 Levels
  • Cathedral Ceiling
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Windows
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Exterior Lighting
  • Play Equipment

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 180
  • Assessor Parcel Number 10-048.20-180

Community Details

Overview

  • Association fees include pool(s), common area maintenance, lawn maintenance, snow removal, trash, health club, management
  • Meridian Crossing Subdivision, Windsor Floorplan

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,858

Year Built

Built in 2014

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator, Blinds
  • New Construction: No
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Stall Shower, Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2925
  • Living Area Sq Ft: 2925
  • Net Sq Ft: 2925.00
  • Price Per Sq Ft: 106.67
  • Above Grade Finished Sq Ft: 2925
  • 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: Vinyl Siding, Brick
  • Exterior Features: Sidewalks, Play Equipment, 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: Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Energy Star Cooling System
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Energy Star Heating System
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 55.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Club House, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash, Health Club, Management
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 91300.00
  • Land Assessed Value: 6600.00
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Property Condition: Good
  • Zoning: ST

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2331561
  • Tax Annual Amount: 2858.00
  • Assessor Parcel Number: 10-048.20-180
  • Tax Lot: 180
  • Tax Year: 2017

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2018
Closed on
Jun 28, 2018
Sold by
Rajaram Naresh and Jagannathan Pradha
Bought by
Awdew Rahel and Aberra Amanuel
Seller's Agent
Marilyn Green
RE/MAX Associates-Wilmington
Buyer's Agent
Lonie Welch
Patterson-Schwartz - Greenville
List Price
$312,000
Sold Price
$305,000
Premium/Discount to List
-$7,000
-2.24%
Current Estimated Value
$480,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,215
Avg. Annual Appreciation
6.34%
Original Mortgage
$288,613
Outstanding Balance
$249,399
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$230,816

Purchase Details

Closed on
Jan 30, 2015
Sold by
The Ryland Group Inc
Bought by
Rajaram Naresh and Jagannathan Prabha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,450
Interest Rate
3.84%
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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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
Awdew Rahel -- None Available
Rajaram Naresh $213,733 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 Awdew Rahel $288,613
Previous Owner Rajaram Naresh $276,450
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
06/29/2018 06/29/18 Sold $305,000 -2.2% $104 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $312,000 -- $107 / 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 $3,405 $97,900 $6,600 $91,300
2023 $3,112 $97,900 $6,600 $91,300
2022 $3,241 $97,900 $6,600 $91,300
2021 $3,239 $97,900 $6,600 $91,300
2020 $3,260 $97,900 $6,600 $91,300
2019 $3,511 $97,900 $6,600 $91,300
2018 $3,207 $97,900 $6,600 $91,300
2017 $3,005 $97,900 $6,600 $91,300
2016 $2,678 $97,900 $6,600 $91,300
2015 $2,678 $97,900 $6,600 $91,300
2014 $135 $4,900 $4,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001176428

Bright MLS

APN: 10-048.20-180