NOT LISTED FOR SALE

408 Timothy Ln Bear, DE 19701

Estimated Value: $719,617 - $818,000

5 Beds
3.5 Baths
4,500 Sq Ft
$173/Sq Ft Est. Value

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Whirlpool Bathtub
  • Olive B. Loss Elementary School Rated A+
  • Deck
  • Loft

About This Home

As of June 2023

4/5BR 3.1BA modern colonial with finished basement, deck, and front porch. Open floor plan. Large "gourmet" kitchen with granite c-tops and tile backsplash. Center island. Gas cooktop, double wall ovens, and Pantry. Adjoining Breakfast area. Both the Kitchen and Breakfast areas have hardwood floors. Extra large Living Room / Great Room with a full view of the Kitchen and Breakfast area. Formal Dining Room. Main level 5th Bedroom (or office) with full private bath (oversized stall shower). Additional half bath on this level. Upstairs is a Loft area. The Primary Bedroom suite has walk-in closets and ceiling fan along with a private bath complete with jet tub, oversized stall shower, and double sink vanity. The other three bedrooms on this level share a hall bath (double sinks) and have oversized closets and ceiling fans. The laundry room is conveniently located on the upper level. In the finished daylight basement there is an XL den area as well as an entertainment area complete with painted projection wall and system wiring. There is also an exercise room complete with a wetbar (doubles as a food/drink area when entertaining) and a small unfinished storage area. Extra wall windows and two escape windows bring in plenty of natural light. The backyard deck has stairs to grade and is accessible from the Breakfast area. It overlooks community open space for added privacy. The application process includes credit, income, and reference checks. If interested in setting up a showing or understanding the rental application criteria TEXT Mark - no phone calls please. Available for move in on July 1.

Last Agent to Rent the Property

Mark Adcock

(302) 521-3669 mark@markadcockhomes.com RE/MAX Edge Listed on: 04/26/2023

Last Renter's Agent

Mark Adcock

(302) 521-3669 mark@markadcockhomes.com RE/MAX Edge Listed on: 04/26/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90.84 x 155.94
  • Northwest Facing Home
  • Property is in excellent condition

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Poured Concrete
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,500 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Mud Room
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Loft
  • Home Gym

Kitchen

  • Breakfast Room
  • Built-In Microwave
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Drainage System
  • Sump Pump

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, snow removal, insurance
  • Colony At Summit Bridge West Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,500
  • Tenant pays for cable TV, hoa/condo/coop fee, insurance, lawn/tree/shrub care, light bulbs/filters/fuses/alarm care, pest control, sewer, trash removal, all utilities
  • The owner pays for management
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 7/1/23
  • $40 Application Fee
  • Assessor Parcel Number 11-037.10-038

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$31 per month

Parking

2

Rental Info

  • Date Available: 2023-07-01
  • Application Fee: 40.00
  • Owner Pays: Management
  • Pets Allowed: No
  • Security Deposit: 3500.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Hoa/Condo/Coop Fee, Insurance, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Pest Control, Sewer, Trash Removal, Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Inclusions: washer & dryer, refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-04-26
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Washer, Dryer, Refrigerator
  • Entry Floor: 1
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Whirlpool/Hottub
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Den, Breakfast Room, Exercise Room, Great Room, Laundry, Loft, Mud Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Drainage System, Fully Finished, Poured Concrete, Sump Pump
  • Basement Finished Percent: 90.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4500
  • Living Area Sq Ft: 4500
  • Price Per Sq Ft: 0.78
  • Above Grade Finished Sq Ft: 4500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • 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 - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 375.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Insurance
  • 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

Lot Info

  • Lot Size Acres: 0.29
  • Lot Dimensions: 90.84 x 155.94
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: S
  • Zoning Description: residential

Tax Info

  • Assessor Parcel Number: 9962629
  • Assessor Parcel Number: 11-037.10-038

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2019
Sold by
Kandasami Karthikeyan and Kumar Hemapryiyadhar Samanth
Bought by
Kandasami Karthikeyan and Kumar Hemapriya Adharshini Sampath
Current Estimated Value
$780,654

Purchase Details

Closed on
May 9, 2018
Sold by
Ryland Group
Bought by
Kandasami Karthikeyan and Kumar Hemapryiyadhar Sampath

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,443
Outstanding Balance
$375,792
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$404,862
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kandasami Karthikeyan -- None Available
Kandasami Karthikeyan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kandasami Karthikeyan $436,443
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Rented $3,500 0.0% --
05/17/2023 05/17/23 Under Contract -- -- --
05/17/2023 05/17/23 Off Market $3,500 -- --
04/26/2023 04/26/23 For Rent $3,500 -- --
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 $5,609 $129,800 $12,300 $117,500
2023 $4,795 $129,800 $12,300 $117,500
2022 $4,802 $129,800 $12,300 $117,500
2021 $4,741 $129,800 $12,300 $117,500
2020 $4,589 $127,400 $12,300 $115,100
2019 $4,483 $127,400 $12,300 $115,100
2018 $3,927 $126,000 $12,300 $113,700
2017 $185 $6,200 $6,200 $0
2016 $169 $6,200 $6,200 $0
2015 -- $6,200 $6,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2041672

Bright MLS

APN: 11-037.10-038