$465,000
SOLD JUN 13, 2025

423 Leo Ln Bear, DE 19701

3 Beds
3.5 Baths
2,925 Sq Ft
$200/mo HOA Fee

Recently Sold

$159 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Traditional Architecture
  • Home Office
  • Central Air
  • Mud Room
  • 2 Car Detached Garage
  • Dining Room

About This Home

As of June 2025

Welcome to 423 Leo Ln - the stunning home of your dreams in Meridian Crossing. With close to 3,000 sqft of living space, this 3 story end-unit townhome is thoughtfully designed for comfort, functionality, and ample room for entertaining and everyday living. The entry level boasts stunning hardwood flooring, large windows filtering light into a large living space, a stunning ground-level office perfect for a dedicated work space, a full bath with direct entry from the office, and a mudroom with rear access from the two-car detached garage in the rear of the home. All of this JUST on the entry level! Upstairs, relax and entertain in a grand family room that is dripping in natural light from stunning arched windows. The kitchen is the perfect combination of style and function, with beautiful powder gray cabinetry, tile backsplash, durable white quartz countertops, stainless steel appliances, and a center island adding to the ample counter space. Sliding glass doors lead you out to a private and relaxing rear deck, the perfect spot for morning coffee or a sunset meal. A large dining nook and half bath round out the main floor, while the bedroom level has even MORE to offer - including upstairs laundry! The primary suite is an absolute dream with vaulted ceilings, his and hers closets including a large walk-in with it's own window with natural light, and a large primary bath with upgraded double vanity, beautiful tile shower, and a separate tub. Two more spacious bedrooms graciously share a full hall bathroom. The community of Meridian Crossing is highly sought after, specifically for its amenities including walking trails, parks and playgrounds, and community clubhouse with large pool. With its expansive footprint, convenient location, and coveted community, 423 Leo Ln will be gone before you know it - don't let it slip through your fingers! Schedule your tour today!

Last Agent to Sell the Property

Megan Aitken

(302) 528-9124 Meganaitken@kw.com Keller Williams Realty License #RE0020721 Listed on: 05/10/2025

Keller Williams Realty

Co-Listed By

Julianna Nikituk

(302) 437-4953 juliannanikituk@kw.com Keller Williams Realty

Last Buyer's Agent

Christopher Rapposelli

(302) 690-8084 chrisrapposelli@gmail.com Crown Homes Real Estate License #RS-0024256

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,031

Year Built

  • Built in 2017

Lot Details

  • 5,227 Sq Ft Lot

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,925 Sq Ft Home
  • Property has 3 Levels
  • Mud Room
  • Family Room
  • Dining Room
  • Home Office

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • Meridian Crossing Subdivision

Listing and Financial Details

  • Tax Lot 079
  • Assessor Parcel Number 10-048.40-079

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,031

Year Built

Built in 2017

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: SEE EXCLUSIONS SHEET
  • Inclusions: SEE INCLUSIONS SHEET
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 5/10/2025 12:00:00 AM
  • Year Built: 2017
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Mud Room, Office, Bathroom 2, Primary Bathroom, Full Bath, Half Bath
  • Basement: No
  • Total Sq Ft: 2925
  • Living Area Sq Ft: 2925
  • Price Per Sq Ft: 157.26
  • Above Grade Finished Sq Ft: 2925
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Vinyl 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 - 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: Electric
  • Cooling Type: Central A/C
  • Previous Twelve Months Electric Expense: 2400.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 600.00
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Zoning: ST
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2250.00
  • Tax Annual Amount: 3031.00
  • Assessor Parcel Number: 10-048.40-079
  • Tax Lot: 079
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2025
Closed on
Jun 13, 2025
Sold by
Farwell Neil J
Bought by
Ilarregui Diego Salazar and Soto Ana Teresa
Seller's Agent
Megan Aitken
Keller Williams Realty
Buyer's Agent
Christopher Rapposelli
Crown Homes Real Estate
List Price
$460,000
Sold Price
$465,000
Premium/Discount to List
$5,000
1.09%
Views
68
Current Estimated Value
$473,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,577
Avg. Annual Appreciation
3.51%

Purchase Details

Closed on
Oct 31, 2017
Sold by
The Ryland Group Inc
Bought by
Farwell Neil J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $465,000 None Listed On Document
Special Warranty Deed $362,685 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $333,841 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2025 06/13/25 Sold $465,000 +1.1% $159 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
05/10/2025 05/10/25 For Sale $460,000 -- $157 / 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 $3,373 $97,000 $7,000 $90,000
2023 $3,083 $97,000 $7,000 $90,000
2022 $3,211 $97,000 $7,000 $90,000
2021 $3,188 $97,000 $7,000 $90,000
2020 $3,230 $97,000 $7,000 $90,000
2019 $3,506 $97,000 $7,000 $90,000
2018 $4,728 $97,000 $7,000 $90,000
2017 $166 $5,400 $5,400 $0
2016 $148 $5,400 $5,400 $0
2015 $148 $5,400 $5,400 $0
2014 $149 $5,400 $5,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2081240

Bright MLS

APN: 10-048.40-079