NOT LISTED FOR SALE

24 Lotus Cir S Bear, DE 19701

Estimated Value: $502,000 - $547,000

4 Beds
2.5 Baths
2,025 Sq Ft
$258/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $492,000 $243 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,034/month

15 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • Forced Air Heating and Cooling System
  • Olive B. Loss Elementary School Rated A+
  • 2 Car Attached Garage
  • Family Room

About This Home

As of December 2022

Location, location, location! Wonderful opportunity to be in the highly sought after Appoquinimink School district, yet still above the canal for easy commuting! This great home has an open floor plan that is sure to please. Upon entry you will notice the formal living room with soaring 2 story ceiling, gleaming Brazilian Cherry Style hard wood flooring continuing into the dining room with chair railing and crown moulding. Eat-in-Kitchen has beautiful granite countertops with tiled backsplash, kitchen island, stainless steel appliances and crown moulding that flows into the family room with gas fireplace for those cosy gatherings, perfect for this crisp fall weather! Upstairs you will find the en suite bedroom with cathedral ceiling, walk-in closet and private bath. 3 other good size bedrooms, hall bath and laundry area complete the second floor. In the finished basement is another gas fireplace to enjoy on those cold winter days! There is a bonus room in the basement to be used for whatever you may need: office, workout, crafts, etc... The sliding glass door (replaced 2014) from the kitchen leads to the deck and fenced in backyard which backs to trees offering shade and privacy from summer sun and neighbors. Roof replaced in 2020 (20 year warranty), Brand new dishwasher, microwave with exhaust fan, water heater replaced 2021, windows replaced 2014 (lifetime warranty). A complete list of enhancements, by seller, can be found in the document section along with the disclosures.

See if you qualify for a Below Market Interest Rate for this home. Zero points! Current rate as of 10/13/2022 is 5.875% with APR rate of 5.88%. Flyer in Document section.

Last Agent to Sell the Property

Terra King

(302) 650-6678 terra_j_king@msn.com RE/MAX 1st Choice - Middletown Listed on: 10/11/2022

Co-Listed By

Caroline Smith

(302) 373-3883 carly.smith@pearsonsmithrealty.com RE/MAX 1st Choice - Middletown

Last Buyer's Agent

Kayla Mongiello

(609) 578-2174 kaylacloses@gmail.com EXP Realty, LLC License #RS0026194

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,751

Year Built

  • Built in 1998

Lot Details

  • 9,147 Sq Ft Lot
  • Lot Dimensions are 66.10 x 132.90
  • Property is zoned NC6.5

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,025 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Family Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Olive B Loss Elementary School
  • Alfred G Waters Middle School
  • Appoquinimink High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Brennan Estates Subdivision

Listing and Financial Details

  • Tax Lot 073
  • Assessor Parcel Number 11-047.10-073

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,751

Year Built

Built in 1998

Lot Details

0

HOA Fees

$27 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Colonial
  • Ownership: Fee Simple
  • Inclusions: Appliances, Shed, Blinds - All in AS-IS condition
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 2022-10-11
  • Year Built: 1998
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Family Room
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 2025
  • Living Area Sq Ft: 2025
  • Price Per Sq Ft: 246.86
  • Above Grade Finished Sq Ft: 2025
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • 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
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 325.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OLIVE B LOSS
  • High School: APPOQUINIMINK
  • Middle Or Junior School: ALFRED G WATERS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 64900.00
  • Land Assessed Value: 11900.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 66.10 x 132.90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9147.00
  • Zoning: NC6.5
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2351496
  • School Tax: 2118.00
  • Tax Annual Amount: 2751.00
  • Assessor Parcel Number: 11-047.10-073
  • Tax Lot: 073
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Dec 19, 2022
Sold by
Li Dongsheng
Bought by
Beile Azeb and Ghebremichael Solomon Woldu
Seller's Agent
Terra King
RE/MAX 1st Choice - Middletown
Buyer's Agent
Kayla Mongiello
EXP Realty, LLC
List Price
$525,000
Sold Price
$492,000
Premium/Discount to List
-$33,000
-6.29%
Views
68
Current Estimated Value
$522,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,131
Avg. Annual Appreciation
2.03%
Original Mortgage
$393,600
Outstanding Balance
$381,789
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$140,342

Purchase Details

Closed on
Jun 10, 2009
Sold by
Vito Francis R and Vito Karen M
Bought by
Li Dongsheng and Xu Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
5.47%
Mortgage Type
New Conventional
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
Beile Azeb -- --
Li Dongsheng $306,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beile Azeb $393,600
Previous Owner Li Dongsheng $244,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $492,000 -1.6% $243 / Sq Ft
10/21/2022 10/21/22 Price Changed $499,900 -4.8% $247 / Sq Ft
10/11/2022 10/11/22 For Sale $525,000 -- $259 / 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 $3,214 $76,800 $11,900 $64,900
2023 $2,731 $76,800 $11,900 $64,900
2022 $2,751 $76,800 $11,900 $64,900
2021 $2,717 $76,800 $11,900 $64,900
2020 $2,686 $76,800 $11,900 $64,900
2019 $2,860 $76,800 $11,900 $64,900
2018 $2,394 $76,800 $11,900 $64,900
2017 $2,292 $76,800 $11,900 $64,900
2016 $2,095 $76,800 $11,900 $64,900
2015 $2,037 $76,800 $11,900 $64,900
2014 $2,033 $76,800 $11,900 $64,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2032694

Bright MLS

APN: 11-047.10-073