NOT LISTED FOR SALE

312 Corbitt Cir Bear, DE 19701

Estimated Value: $589,515 - $697,000

4 Beds
2.5 Baths
3,715 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $370,000 $100 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,695/month

Highlights

  • 0.46 Acre Lot
  • Deck
  • Wood Flooring
  • Colonial Architecture
  • Cathedral Ceiling
  • Attic

About This Home

As of June 2016

Stunning 4BR, 2.5BA stone-front Colonial in Bear's distinctive Corbitt Estates neighborhood. This stately home is situated on a large 0.46 acre lot with mature landscaping and a well-manicured lawn. A long driveway leads to a 2-car side turned garage, extra parking and a curved walkway to the front door. Enter through a 2-story foyer with gleaming hardwood floors and a turned staircase. The open concept kitchen with 9' ceilings has 42" cherry cabinets, a gas range, center island, pantry, recessed lighting and an eat-in area with French doors to the rear deck. The kitchen flows into a dramatic 2-story family room with vaulted ceiling, skylights, gas fireplace with marble surround, rear staircase and lots of windows to fill the room with natural light. This open floor plan creates a great gathering space for entertaining family and friends. For formal dining and holiday parties, there is a large dining room with a bay window and a front living room. Behind the kitchen you'll find the convenience of a 1st floor home office. Take either set of stairs to the 2nd level with 4 large bedrooms. The master bedroom suite has a large walk-in closet and private bathroom with a vaulted ceiling, dual vanity and skylight. There is also a separate hall bath shared by the other 3 bedrooms. The finished basement adds over 800 feet of additional living space with a large rec room, recessed lighting and a separate home theater with tiered seating and decorative wall sconces for a true multi-media experience. The laundry is on the main level and equipped with functional bin storage to keep things organized. Outside you can enjoy your sprawling backyard and large open lot. The home's southern exposure maximizes the effects of nearly 10KW of solar panels to reduce your energy footprint and electric bills. There is also a tankless on-demand hot water heater(2015), new AC(2016), professionally installed home network, security system and an included Rainsoft water filtration system for great water all the time. This 11 yr old home is move-in ready, situated in a prime location in a small, quiet subdivision, convenient to shopping and transportation, and truly a great find for this area. Make this your new home today...before it's too late!

Last Agent to Sell the Property

David O'Donnell

(302) 598-0189 djodonnell@comcast.net EXP Realty, LLC License #RS-0018424 Listed on: 04/27/2016

EXP Realty, LLC

Last Buyer's Agent

Alan Ferguson

(484) 832-4553 alan.ferguson@longandfoster.com Long & Foster Real Estate, Inc. License #R40016123

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,092

Year Built

  • Built in 2005

Lot Details

  • 0.46 Acre Lot
  • South Facing Home
  • Open Lot
  • Back and Front Yard
  • Property is in good condition

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • Skylights
  • Marble Fireplace
  • Gas Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System

Outdoor Features

  • Deck

Schools

  • Kathleen H. Wilbur Elementary School
  • Gunning Bedford Middle School
  • William Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, snow removal
  • Built by EMPIRE BUILDERS
  • Corbitt Estates Subdivision, Saratoga Floorplan

Listing and Financial Details

  • Tax Lot 097
  • Assessor Parcel Number 10-049.10-097

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,092

Year Built

Built in 2005

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All Personal Property. See Exclusion List In Home Brochure.
  • Inclusions: See Inclusion List In Home Brochure.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplace Features: Marble, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Drainage System, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3715
  • Living Area Sq Ft: 3715
  • Net Sq Ft: 2875.00
  • Price Per Sq Ft: 130.40
  • Above Grade Finished Sq Ft: 2875
  • Below Grade Finished Sq Ft: 840
  • 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: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stone
  • Access To Pool: No
  • Exterior Features: Sidewalks
  • Roof: Pitched, Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, Instant Hot Water
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 165.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: KATHLEEN H. WILBUR
  • High School: WILLIAM PENN
  • Middle Or Junior School: GUNNING BEDFORD

Lot Info

  • Improvement Assessed Value: 97000.00
  • Land Assessed Value: 16000.00
  • Lot Features: Open, Front Yard, Rear Yard
  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20038.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: S

Green Features

  • Green Remarks: Nearly 10KW of solar panels on roof, purchased by current owner, will significantly reduce home's electric bills. Also tankless, on-demand hot water heater was installed in 2015.

Building Info

  • Builder Name: EMPIRE BUILDERS

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2332290
  • Tax Annual Amount: 3092.00
  • Assessor Parcel Number: 10-049.10-097
  • Tax Lot: 097
  • Tax Year: 2015

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 7, 2016
Sold by
Schmidt Derek J and Schmidt Nicole A
Bought by
Gallagher Shaun P and Gallagher Tanya V
Seller's Agent
David O'Donnell
EXP Realty, LLC
Buyer's Agent
Alan Ferguson
Long & Foster Real Estate, Inc.
List Price
$374,900
Sold Price
$370,000
Premium/Discount to List
-$4,900
-1.31%
Current Estimated Value
$636,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,629
Avg. Annual Appreciation
5.95%
Original Mortgage
$351,500
Outstanding Balance
$279,755
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$356,874

Purchase Details

Closed on
Mar 23, 2009
Sold by
Federal National Mortgage Association
Bought by
Schmidt Derek J and Schmidt Nicole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,326
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 2009
Sold by
Lemon Jermaine R and Lemon Nikisha M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 22, 2005
Sold by
Empire Construction Co
Bought by
Lemon Jermaine R and Lemon Nikisha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,750
Interest Rate
5.92%
Mortgage Type
Fannie Mae Freddie Mac
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
Gallagher Shaun P $370,000 None Available
Schmidt Derek J $360,000 None Available
Federal National Mortgage Association $318,198 None Available
Lemon Jermaine R $378,459 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Shaun P $351,500
Previous Owner Schmidt Derek J $353,326
Previous Owner Lemon Jermaine R $302,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2016 06/07/16 Sold $370,000 -1.3% $100 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $374,900 -- $101 / 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 $3,982 $114,500 $16,000 $98,500
2023 $3,592 $113,000 $16,000 $97,000
2022 $3,741 $113,000 $16,000 $97,000
2021 $3,739 $113,000 $16,000 $97,000
2020 $3,763 $113,000 $16,000 $97,000
2019 $4,154 $113,000 $16,000 $97,000
2018 $3,702 $113,000 $16,000 $97,000
2017 $3,469 $113,000 $16,000 $97,000
2016 $3,091 $113,000 $16,000 $97,000
2015 $3,092 $113,000 $16,000 $97,000
2014 $3,109 $113,000 $16,000 $97,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003950011

Bright MLS

APN: 10-049.10-097