NOT LISTED FOR SALE

47 Wellspring Dr Bear, DE 19701

Estimated Value: $367,000 - $514,000

4 Beds
2.5 Baths
2,450 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $180,500 $74 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,503/month

17 Days on Market

Highlights

  • In Ground Pool
  • Attic
  • Butlers Pantry
  • Colonial Architecture
  • No HOA
  • 2 Car Attached Garage

About This Home

As of July 2016

Stone graces the front of this 4 bedroom, 2.5 bath 2-story on a cul-de-sac in Kensington. The layout is welcoming and the rooms are spacious so although it needs work, it offers great potential. Features include inground pool (does need a new liner), fenced rear yard backing to open space, Eat-in kitchen with sliders to the back yard, adjoining family room with sliders, Master bedroom with bonus sitting area, and large unfinished basement with outside access. NOTE: This is a short sale being sold "AS IS" and neither Seller nor Seller's Lender will make any repairs. All inspections are for informational purposes only and any Buyer's Lender-required repairs are the responsibility of the Buyer. Commissions and price are subject to Seller's Lender's approval. Short Sale Facilitation Fee payable by the Buyer. Property needs a new roof, new HVAC system, and repairs to Master Bath and will not qualify for FHA, VA, or Conventional financing.

Last Agent to Sell the Property

Monica Hill

(302) 563-5637 MonicaHill@verizon.net RE/MAX Associates-Wilmington License #RS347136 Listed on: 02/29/2016

RE/MAX Associates-Wilmington

Last Buyer's Agent

Curtis Tyler

(302) 547-5237 ctylerrealestate@comcast.net RE/MAX Associates-Wilmington License #rs157179a

RE/MAX Associates-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 1994

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 57x113
  • Property is in below average condition
  • Property is zoned NC6.5

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,450 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Kensington Subdivision

Listing and Financial Details

  • Tax Lot 119
  • Assessor Parcel Number 10-044.10-119

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,516

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer And Dryer Are Negotiable
  • Inclusions: Refrigerator And Any Remaining Contents Of House
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1994
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Partial, Unfinished, Outside Entrance
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2450
  • Living Area Sq Ft: 2450
  • Net Sq Ft: 2450.00
  • Price Per Sq Ft: 73.47
  • Above Grade Finished Sq Ft: 2450
  • 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
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding, Vinyl Siding, Stone
  • Access To Pool: Yes
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 73300.00
  • Land Assessed Value: 8600.00
  • Lot Size Acres: 0.23
  • Lot Dimensions: 57X113
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Below Average
  • Zoning: NC6.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2329569
  • Tax Annual Amount: 2516.00
  • Assessor Parcel Number: 10-044.10-119
  • Tax Lot: 119
  • Tax Year: 2015

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
Jul 29, 2016
Sold by
Fox Thomas G and Fox Joyce M
Bought by
Hussain Sajid
Seller's Agent
Monica Hill
RE/MAX Associates-Wilmington
Buyer's Agent
Curtis Tyler
RE/MAX Associates-Wilmington
List Price
$180,000
Sold Price
$180,500
Premium/Discount to List
$500
0.28%
Current Estimated Value
$420,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,927
Avg. Annual Appreciation
10.23%
Original Mortgage
$192,496
Outstanding Balance
$157,291
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$295,198

Purchase Details

Closed on
Jan 28, 1994
Bought by
Fox Thomas G and Fox Joyce M
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 Buyer Sale Price Title Company
Hussain Sajid $180,500 None Available
Fox Thomas G $154,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussain Sajid $192,496
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2016 07/28/16 Sold $180,500 +0.3% $74 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $180,000 -- $73 / 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 $3,599 $81,900 $8,600 $73,300
2023 $3,505 $81,900 $8,600 $73,300
2022 $3,481 $81,900 $8,600 $73,300
2021 $3,406 $81,900 $8,600 $73,300
2020 $3,313 $81,900 $8,600 $73,300
2019 $3,302 $81,900 $8,600 $73,300
2018 $2,872 $81,900 $8,600 $73,300
2017 $2,773 $81,900 $8,600 $73,300
2016 $2,752 $81,900 $8,600 $73,300
2015 $2,516 $81,900 $8,600 $73,300
2014 $2,518 $81,900 $8,600 $73,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003946723

Bright MLS

APN: 10-044.10-119