NOT LISTED FOR SALE

227 Palermo Dr Bear, DE 19701

Estimated Value: $365,000 - $431,000

3 Beds
2 Baths
1,675 Sq Ft
$229/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $360,000 $215 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,384/month

7 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Breakfast Area or Nook
  • Cape Cod Architecture
  • Garden View
  • Formal Dining Room

About This Home

As of July 2024

Discover the potential in this charming Cape Code home nestled in the sought-after community of Pinewoods located in Bear, Delaware. With three nice size bedrooms & two full baths, this home offers comfortable living spaces with a full bath, main bedroom and laundry room on the main level. While this home could benefit from updates, it boasts a fantastic price point, good condition overall offering a newer roof.
All ready for your personal touches. Situated on a very generous level lot, partially fenced there's ample space for outdoor recreation, gardening or even possibilities of expansion. The convenience of an oversized two car garage and double wide driveway adds practically to daily life, providing shelter for vehicles & additional storage space. Step out back onto the extra large deck over looking a wonderful backyard, a perfect spot for dining, hosting summer gatherings or relaxing with a morning cup of coffee. The deck does require some TLC to restore back to it's full potential. Embrace the wonderful opportunity this home offers. Don't miss out on transforming this spacious home into your dream home.

Last Agent to Sell the Property

JoAnn Barlow

(302) 388-2640 jbsalesrealtor@aol.com Compass Listed on: 06/19/2024

Compass

Last Buyer's Agent

Mike Riches

(302) 690-6453 mriches@loftteamde.com Long & Foster Real Estate, Inc. License #RS358143

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $711

Year Built

  • Built in 1990

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 82.00 x 127.10
  • Infill Lot
  • Level Lot
  • Cleared Lot
  • Front and Side Yard
  • Property is zoned NC6.5

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,675 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Skylights
  • Vinyl Clad Windows
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Garden Views

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Schools

  • Keene Elementary School
  • Gauger-Cobbs Middle School
  • Glasgow High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Vented Exhaust Fan
  • Electric Water Heater
  • Public Septic

Community Details

  • Pinewoods Subdivision

Listing and Financial Details

  • Tax Lot 040
  • Assessor Parcel Number 11-028.40-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$711

Year Built

Built in 1990

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Personal property
  • Inclusions: Washer, Dryer, Refrigerator, microwave Some furniture
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-06-19
  • Federal Flood Zone: No
  • Year Built: 1990
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven - Single, Oven/Range - Electric, Washer, Water Heater, Dryer
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Eat-In, Kitchen - Table Space, Skylight(s), Tub Shower, Walk-In Closet(s), Window Treatments
  • Window Features: Screens, Skylights, Sliding, Vinyl Clad
  • Fireplace: No
  • Door Features: Insulated, Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1675
  • Living Area Sq Ft: 1675
  • Price Per Sq Ft: 217.91
  • Above Grade Finished Sq Ft: 1675
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick Front
  • Exterior Features: Exterior Lighting, Street Lights
  • Roof: Pitched, Shingle
  • Spa: No
  • View: Garden/Lawn
  • 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
  • Parking Features: Asphalt Driveway, Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway, Off Street, Parking Garage
  • Number of Spaces in Driveway: 4
  • Off Street Parking Spaces: 4
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 70.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: KEENE
  • High School: GLASGOW
  • Middle Or Junior School: GAUGER-COBBS

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Cleared, Front Yard, Level, Sideyard(s)
  • Lot Size Acres: 0.19
  • Lot Dimensions: 82.00 x 127.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 568.00
  • Tax Annual Amount: 711.00
  • Assessor Parcel Number: 11-028.40-040
  • Tax Lot: 040
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Jul 18, 2024
Sold by
Phillos Jean F
Bought by
Sanders Ben Michael and Sanders Valerie Joy
Seller's Agent
JoAnn Barlow
Compass
Buyer's Agent
Mike Riches
Long & Foster Real Estate, Inc.
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%
Views
145
Current Estimated Value
$384,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,104
Avg. Annual Appreciation
4.33%
Original Mortgage
$360,000
Outstanding Balance
$355,600
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
$28,504

Purchase Details

Closed on
Jan 30, 1995
Bought by
Phillos Jean F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanders Ben Michael -- None Listed On Document
Phillos Jean F $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Ben Michael $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $360,000 -1.4% $215 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $365,000 -- $218 / 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 -- $67,200 $12,700 $54,500
2023 $1,982 $67,200 $12,700 $54,500
2022 $1,942 $67,200 $12,700 $54,500
2021 $1,979 $67,200 $12,700 $54,500
2020 $1,903 $67,200 $12,700 $54,500
2019 $1,633 $67,200 $12,700 $54,500
2018 $1,568 $67,200 $12,700 $54,500
2017 $1,513 $67,200 $12,700 $54,500
2016 $1,396 $67,200 $12,700 $54,500
2015 $1,201 $67,200 $12,700 $54,500
2014 $1,202 $67,200 $12,700 $54,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2062136

Bright MLS

APN: 11-028.40-040