NOT LISTED FOR SALE

2884 Summit Bridge Rd Bear, DE 19701

Estimated Value: $735,000 - $1,780,109

6 Beds
9 Baths
5,730 Sq Ft
$246/Sq Ft Est. Value

About This Home

This home is located at 2884 Summit Bridge Rd, Bear, DE 19701 and is currently estimated at $1,412,277, approximately $246 per square foot. 2884 Summit Bridge Rd is a home located in New Castle County with nearby schools including Olive B. Loss Elementary School, Alfred G. Waters Middle School, and Appoquinimink High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Childcare Newark Christian
Bought by
Reach Christian Schools Inc
Current Estimated Value
$1,412,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 11, 2008
Sold by
University Garden Associates
Bought by
Newark Christian Childcare

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2007
Sold by
New Castle County Crisis Pregnancy Cente
Bought by
Newark Christian Child Care Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Reach Christian Schools Inc $1,600,000 None Listed On Document
Newark Christian Childcare $75,000 None Available
Newark Christian Child Care Llc $1,062,625 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Reach Christian Schools Inc $1,425,000
Previous Owner Newark Christian Childcare $80,000
Previous Owner Newark Christian Child Care Llc $1,440,000
Source: Public Records

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 $10,399 $248,500 $22,000 $226,500
2023 $8,837 $248,500 $22,000 $226,500
2022 $8,901 $248,500 $22,000 $226,500
2021 $8,792 $248,500 $22,000 $226,500
2020 $8,691 $248,500 $22,000 $226,500
2019 $8,048 $248,500 $22,000 $226,500
2018 $195 $248,500 $22,000 $226,500
2017 $6,777 $248,500 $22,000 $226,500
2016 $6,777 $248,500 $22,000 $226,500
2015 $6,591 $248,500 $22,000 $226,500
2014 $6,577 $248,500 $22,000 $226,500
Source: Public Records

Map

Delaware New Castle County Bear 19701

2884 Summit Bridge Rd, Bear, DE

Not Listed for Sale

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