NOT LISTED FOR SALE

429 Leo Ln Bear, DE 19701

Estimated Value: $464,000 - $523,000

4 Beds
3.5 Baths
2,925 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $330,000 $113 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,928/month

Highlights

  • Bar or Lounge
  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Fitness Center
  • Dual Staircase
  • Clubhouse

About This Home

As of June 2019

OPEN HOUSE 5/5 1-3PM! ***Upscaled Baths!*** Baths with New Granite, Floors, Framed Mirrors and More updated on 4/27/19. Priced under appraised value of $405K! Appraisal Available for review by Agent Request. Elegance is an understatement when describing this unique 4BR 3.5 BA townhome! This home certainly won't be on the market for long, don't miss your chance to be a part of Delaware's finest luxury lifestyle community, Meridian Crossing! This beautiful end unit townhome was newly constructed in early 2017 but has been almost totally redone! Features include a detached 2-car garage with rear entry mudroom or Front Foyer Entry leading to the 1st Family Rm, Bonus Room and Full bath. This 1st Level has endless possibilities, Perfect for an in-law-suite, in home business or Recreation and Highlighted by the Wide planked hardwood, Recessed lighting, Tastefully Appointed Wet bar w/Wine cooler! The 1st floor Split Staircase leads you to a very spacious living room with a Gas Fireplace neighbored by a roomy, Gourmet Kitchen with granite counter-tops kitchen island with Double Thick Granite with DuPont Cove Edging, Energy Star Appliances and Breakfast Room featuring wide-plank Hardwood floors and brand new stainless-steel appliances, and a powder room, of course. On the 3rd floor you'll find the Master Suite with a large walk-in closet and the master bath with double vanities and water closet. Also on the third floor are 2 generously sized bedrooms, an additional full bath as well as a laundry room with brand new, energy efficient W/D. $5K in Custom Closet organizers. The Home has been Professionally landscaped with Stone accents and Hardscaped walkway from front to back along the side with 12' Diameter Patio and $7K in exterior Lighting accents. The upgrades are endless!! The community has a great number of amenities including an elegant 9,200 sq. ft. clubhouse with a fitness center, movie theater-style media room, conference room with internet access, great room with gourmet kitchen, Olympic size pool and deck with kiddie pool and multiple playgrounds.

Last Agent to Sell the Property

Deborah Phipps

(302) 737-6434 debsphipps@gmail.com Empower Real Estate, LLC License #RS-0010031 Listed on: 05/01/2019

Empower Real Estate, LLC

Last Buyer's Agent

Kathleen Eddins

(302) 893-4373 keddins@psre.com Patterson-Schwartz-Hockessin License #RS-296880

Patterson-Schwartz-Hockessin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 2017

Lot Details

  • 5,663 Sq Ft Lot
  • Extensive Hardscape
  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,925 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Dual Staircase
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Mud Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Front Loading Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Basement Windows

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Patio
  • Exterior Lighting
  • Playground
  • Porch

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 10-048.40-082

Community Details

Overview

  • $2,900 Capital Contribution Fee
  • Built by CalAtlantic/Lennar
  • Meridian Crossing Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Meeting Room
  • Bar or Lounge

Recreation

  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,068

Year Built

Built in 2017

Lot Details

0

HOA Fees

$64 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Home Warranty: Yes
  • Inclusions: Fridge, Wine Cooler, W/D, Ceiling Fans, Irrigation System, water filter
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Stainless Steel Appliances, Washer - Front Loading, Water Heater - Tankless
  • Flooring Type: Vinyl, Wood, Carpet, Ceramic Tile
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Kitchen - Island, Primary Bath(s), Wet/Dry Bar, Breakfast Area, Double/Dual Staircase, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Table Space, Pantry, Recessed Lighting, Store/Office, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Kitchen, Family Room, Bedroom 1, Mud Room
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Outside Entrance, Walkout Level, Windows
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2925
  • Living Area Sq Ft: 2925
  • Price Per Sq Ft: 114.53
  • Above Grade Finished Sq Ft: 2925
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding, Aluminum Siding
  • Exterior Features: Underground Lawn Sprinkler, Extensive Hardscape, Exterior Lighting, Play Area, Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Spa: No
  • 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: 3
  • Garage Features: Garage - Rear Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 64.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Bar/Lounge, Exercise Room, Meeting Room, Pool - Outdoor
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 2900.00

Schools

  • School District Source: Listing Agent

Green Features

  • Efficiency: Appliances

Lot Info

  • Horses: No
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: ST
  • In City Limits: No

Building Info

  • Builder Name: CalAtlantic/Lennar

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2332041
  • Tax Annual Amount: 3068.00
  • Assessor Parcel Number: 10-048.40-082
  • Tax Year: 2018

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 14, 2019
Sold by
Ritter Mercedes
Bought by
Seaton Kelli
Seller's Agent
Deborah Phipps
Empower Real Estate, LLC
Buyer's Agent
Kathleen Eddins
Patterson-Schwartz-Hockessin
List Price
$335,000
Sold Price
$330,000
Premium/Discount to List
-$5,000
-1.49%
Current Estimated Value
$491,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,142
Avg. Annual Appreciation
6.45%
Original Mortgage
$264,000
Outstanding Balance
$232,121
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$259,021

Purchase Details

Closed on
Jun 26, 2017
Sold by
Ryland Group Inc
Bought by
Ritter Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,564
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Seaton Kelli -- None Available
Ritter Mercedes $287,240 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seaton Kelli $264,000
Previous Owner Ritter Mercedes $229,564
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2019 06/19/19 Sold $330,000 -1.5% $113 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $335,000 -- $115 / 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 $3,356 $96,500 $7,200 $89,300
2023 $3,068 $96,500 $7,200 $89,300
2022 $3,194 $96,500 $7,200 $89,300
2021 $3,193 $96,500 $7,200 $89,300
2020 $3,213 $96,500 $7,200 $89,300
2019 $4,076 $96,500 $7,200 $89,300
2018 $252 $96,500 $7,200 $89,300
2017 -- $96,500 $7,200 $89,300
2016 -- $5,600 $5,600 $0
2015 $153 $5,600 $5,600 $0
2014 $154 $5,600 $5,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC477152

Bright MLS

APN: 10-048.40-082