NOT LISTED FOR SALE

408 Leo Ln Bear, DE 19701

Estimated Value: $498,000 - $518,000

4 Beds
2.5 Baths
2,525 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $329,900 $131 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,046/month

Highlights

  • Colonial Architecture
  • Attic
  • Community Pool
  • Clubhouse
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of September 2018

Beautiful home in popular community of Meridian Crossing - this 4 bedroom, 2.5 bath house features an open floor plan, 9 foot ceilings on both first and second floors, recessed lighting, finished basement, classic front porch, and sits directly across from a large community park. Many 2018 updates include new carpeting and high end wood laminate flooring throughout, and updated kitchen including granite counters, island, and fingerprint resistant stainless steel appliance package! The classic facade includes a house-wide front porch with weather resistant decking and vinyl handrail. You enter the front foyer flanked by the dining room to the left and living room/office to the right. To the rear of the house, the eat-in kitchen boasts new granite countertops, island, and bar height seating, opening to the large family room. Off the kitchen is access to the rear entry garage. The upstairs features brand new carpeting throughout the four bedrooms, multiple walk-in closets and new flooring in the master bath. The front bedrooms have more great views of the community park. The finished basement features recessed lighting, an egress window and is heated and air conditioned. There is an unfinished portion for additional storage, which includes a rough-in for a future bathroom. Make this house yours and enjoy the growing community of Meridian Crossing, offering amenities including a clubhouse, pool, fitness center, athletic fields, playground and parks. The community even takes care of trash removal and lawn care! Located close to Newark with easy access to Rt. 1, making for an easy commute to Wilmington as well. This home won't last long and is a must see on your next tour!

Last Agent to Sell the Property

Patrick Kilgore

(302) 438-1475 pkilgore@kw.com Keller Williams Realty Wilmington License #RS-0023235 Listed on: 07/19/2018

Keller Williams Realty Wilmington

Last Buyer's Agent

Joseph Hicks

(609) 760-0864 joseph.hicks@foxroach.com BHHS Fox & Roach-Christiana

BHHS Fox & Roach-Christiana

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,645

Year Built

  • Built in 2006

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 110 x 63
  • Corner Lot
  • Property is in good condition
  • Property is zoned ST

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces

Home Design

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

Interior Spaces

  • 2,525 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

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
  • Water Treatment System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 10-048.20-202

Community Details

Overview

  • Association fees include pool(s), common area maintenance, lawn maintenance, snow removal, trash, health club
  • Meridian Crossing Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,645

Year Built

Built in 2006

Lot Details

0

HOA Fees

$115 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Belongings
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher
  • Flooring Type: Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Water Treat System, Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • 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
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 2525
  • Living Area Sq Ft: 2525
  • Net Sq Ft: 2525.00
  • Price Per Sq Ft: 130.65
  • Above Grade Finished Sq Ft: 2525
  • 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
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle, Metal
  • 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
  • Open Parking Spaces Count: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 115.00
  • HOA Fee Frequency: Monthly
  • Additional Association Fees: Pool
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Club House, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash, Health Club
  • 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: 81900.00
  • Land Assessed Value: 8700.00
  • Lot Features: Corner
  • Lot Size Acres: 0.16
  • Lot Dimensions: 110 X 63
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: ST

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2331583
  • Tax Annual Amount: 2645.00
  • Assessor Parcel Number: 10-048.20-202
  • Tax Lot: 202
  • Tax Year: 2017

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2020
Sold by
Walter Clymer Jr
Bought by
Clymer Walter and Clymer Sherice M
Current Estimated Value
$507,195

Purchase Details

Listed on
Jul 19, 2018
Closed on
Sep 14, 2018
Sold by
Rodriguez Rodriguez Catherine Catherine and Rodriguez Mercado Felix
Bought by
Clymer Walter and Clymer Sherice M
Seller's Agent
Patrick Kilgore
Keller Williams Realty Wilmington
Buyer's Agent
Joseph Hicks
BHHS Fox & Roach-Christiana
List Price
$339,900
Sold Price
$329,900
Premium/Discount to List
-$10,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$323,924
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 9, 2015
Closed on
Feb 16, 2016
Sold by
Manlove Dwayne R and Manlove Sheree M
Bought by
Rodriguez Catherine and Mercado Felix Rodriguez
Seller's Agent
Lynette Scott
Presto Realty Company
Buyer's Agent
Patrick Kilgore
Keller Williams Realty Wilmington
List Price
$350,000
Sold Price
$245,000
Premium/Discount to List
-$105,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%

Purchase Details

Closed on
Dec 29, 2011
Sold by
Bergen Delaware Realty Llc
Bought by
The Provident Bank

Purchase Details

Closed on
Dec 20, 2006
Sold by
Nvr Inc
Bought by
Manlove Dwayne R and Manlove Sheree M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,900
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2006
Sold by
Meridian Crossing Funding Co Inc
Bought by
Nvr Inc and Ryan Homes

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:

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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
Clymer Walter -- Bc Law Firm Pa
Clymer Walter -- Timios Inc
Clymer Walter $329,900 None Available
Rodriguez Catherine $245,000 Attorney
The Provident Bank -- None Available
Manlove Dwayne R $412,880 None Available
Nvr Inc $192,830 None Available
Meridian Crossing Funding Co Inc $5,015,661 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clymer Walter $323,924
Previous Owner Manlove Dwayne R $384,900
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 Prior Sale
09/14/2018 09/14/18 Sold $329,900 0.0% $131 / Sq Ft
08/04/2018 08/04/18 Pending -- -- --
08/02/2018 08/02/18 Price Changed $329,900 -2.9% $131 / Sq Ft
07/19/2018 07/19/18 For Sale $339,900 +38.7% $135 / Sq Ft
02/16/2016 02/16/16 Sold $245,000 -2.0% $97 / Sq Ft View Prior Sale
01/29/2016 01/29/16 Pending -- -- --
11/17/2015 11/17/15 Price Changed $250,000 -9.1% $99 / Sq Ft
09/17/2015 09/17/15 Price Changed $275,000 -13.0% $109 / Sq Ft
08/26/2015 08/26/15 Price Changed $316,000 +19.2% $125 / Sq Ft
07/13/2015 07/13/15 Price Changed $265,000 -7.0% $105 / Sq Ft
05/27/2015 05/27/15 Price Changed $285,000 -12.3% $113 / Sq Ft
04/27/2015 04/27/15 Price Changed $325,000 -7.1% $129 / Sq Ft
04/09/2015 04/09/15 For Sale $350,000 -- $139 / 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 $3,151 $90,600 $8,700 $81,900
2023 $2,880 $90,600 $8,700 $81,900
2022 $2,999 $90,600 $8,700 $81,900
2021 $2,998 $90,600 $8,700 $81,900
2020 $3,017 $90,600 $8,700 $81,900
2019 $3,293 $90,600 $8,700 $81,900
2018 $253 $90,600 $8,700 $81,900
2017 $2,478 $90,600 $8,700 $81,900
2016 $2,478 $90,600 $8,700 $81,900
2015 $2,479 $90,600 $8,700 $81,900
2014 $2,492 $90,600 $8,700 $81,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002071102

Bright MLS

APN: 10-048.20-202