RENTED APR 6, 2025

404 Leo Ln Bear, DE 19701

Estimated Value: $506,000 - $570,000

4 Beds
2.5 Baths
2,575 Sq Ft
$208/Sq Ft Est. Value

Highlights

  • Colonial Architecture
  • Park or Greenbelt View
  • 2 Car Detached Garage
  • Recreation Room
  • Community Pool
  • 90% Forced Air Heating and Cooling System

About This Home

As of April 2025

Spacious 4-Bedroom Home for Rent in Meridian Crossing – Available Now!

This 4-bedroom, 2.5-bath single-family home in Meridian Crossing offers modern living with a 2-car detached garage and extra street parking. The kitchen features stainless steel appliances, gas cooking, granite countertops, a pantry, and a center island. The main level includes a large gathering room, formal living & dining rooms, an office, and a mudroom.

Upstairs, the primary suite boasts two walk-in closets and a spa-like bath, plus three additional bedrooms and a full bath. The partially finished basement adds extra living space.

Enjoy community amenities like a pool, clubhouse, fitness center, and walking trails. Schedule your tour today!

Last Agent to Rent the Property

Brianna Cunningham

(302) 607-8389 brianna@thecunninghamteam.com EXP Realty, LLC License #RS0025049 Listed on: 03/21/2025

EXP Realty, LLC

Last Renter's Agent

Jacob Lipton

(302) 275-4397 Jakeliptonrealtor@gmail.com Coldwell Banker Realty License #681067

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 6,969 Sq Ft Lot
  • Property is zoned ST

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,575 Sq Ft Home
  • Property has 2 Levels
  • Recreation Room
  • Wall to Wall Carpet
  • Park or Greenbelt Views
  • Laundry on upper level
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • William Penn High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,000
  • 12-Month Lease Term
  • Available 3/21/25
  • Assessor Parcel Number 10-048.20-200

Community Details

Overview

  • Calatlantic Homes Community
  • Meridian Crossing Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2025-03-21
  • Pets Allowed: No
  • Security Deposit: 3000.00
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Exclusions: Personal property
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2017
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Recreation Room
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2575
  • Living Area Sq Ft: 2575
  • Price Per Sq Ft: 0.99
  • Above Grade Finished Sq Ft: 2575
  • 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: Brick, Vinyl Siding, Aluminum Siding
  • Roof: Architectural Shingle
  • Spa: No
  • View: Park/Greenbelt
  • 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: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District Source: Listing Agent
  • High School: WILLIAM PENN

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6969.00
  • Zoning: ST

Tax Info

  • Assessor Parcel Number: 10-048.20-200

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2017
Sold by
Ryland Group Inc
Bought by
Osamusali Fidelis Chukutem
Current Estimated Value
$535,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,090
Outstanding Balance
$323,688
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$211,930

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-F 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
$1,082,986
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Osamusali Fidelis Chukutem $393,250 None Available
The Provident Bank -- None Available
Meridian Crossing Funding Co Inc $5,015,661 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osamusali Fidelis Chukutem $386,090
Previous Owner Meridian Crossing Funding Co Inc $1,082,986
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2025 04/06/25 Rented $2,700 +5.9% --
04/03/2025 04/03/25 Under Contract -- -- --
03/28/2025 03/28/25 Price Changed $2,550 -15.0% $1 / Sq Ft
03/21/2025 03/21/25 For Rent $3,000 +30.4% --
01/13/2020 01/13/20 Rented $2,300 0.0% --
01/07/2020 01/07/20 Off Market $2,300 -- --
12/12/2019 12/12/19 For Rent $2,300 -- --
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 $3,756 $108,000 $8,700 $99,300
2023 $3,433 $108,000 $8,700 $99,300
2022 $3,575 $108,000 $8,700 $99,300
2021 $3,573 $108,000 $8,700 $99,300
2020 $3,596 $108,000 $8,700 $99,300
2019 $3,922 $108,000 $8,700 $99,300
2018 $3,538 $108,000 $8,700 $99,300
2017 $3,315 $108,000 $8,700 $99,300
2016 $170 $6,200 $6,200 $0
2015 $170 $6,200 $6,200 $0
2014 $171 $6,200 $6,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2078192

Bright MLS

APN: 10-048.20-200