$550,000
SOLD MAY 27, 2025

5 Meghan Ln Bear, DE 19701

4 Beds
3 Baths
3,275 Sq Ft
0.25 Acres

Recently Sold

$168 Per Sq Ft

8% Below List Price

28 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Patio
  • Olive B. Loss Elementary School Rated A+
  • 2 Car Attached Garage
  • Living Room

About This Home

As of May 2025

Welcome to 5 Meghan Lane, Presented by Danielle Perry with Re/Max Edge!

Step into luxury living in the heart of the sought-after Brennan Estates community with this stunning 4-bedroom, 3-bath home, located within the highly rated Appoquinimink School District. Nestled just north of the canal, 5 Meghan Lane offers the perfect combination of elegant design, modern convenience, and a prime location for families and professionals alike.

From the moment you walk through the grand entryway, you'll be greeted by gleaming hardwood floors and an open-concept layout that exudes sophistication. The kitchen is a true centerpiece of the home, featuring a beautiful island with seating that’s perfect for meal prep or casual dining. With modern stainless steel appliances, including a French door refrigerator, gas stovetop, and built-in microwave, this kitchen is both functional and stylish—ideal for family dinners or hosting gatherings.

One of the standout features of this home is the spacious main-floor bedroom, offering versatility and convenience for families. Whether used as a guest suite, a private retreat for family members, or even a home office, this room is perfectly positioned on the main level and is accompanied by a full bathroom—ideal for accommodating guests or those seeking first-floor living options.

The home’s fully finished basement, complete with luxury vinyl plank flooring, provides endless possibilities for a recreation room, home office, or personal gym.

Outside, you'll find a private, fenced-in backyard that backs up to peaceful woods, creating a serene retreat where you can relax on the patio and enjoy the beauty of nature.

Living in Brennan Estates means access to a host of community amenities, including parks, playgrounds, and scenic walking trails. With its family-friendly atmosphere, top-rated schools, and easy access to major highways, shopping, and dining, this home truly offers the best of Bear, Delaware living.

Don't miss out on the chance to make 5 Meghan Lane your forever home. Schedule your private showing today!

Last Agent to Sell the Property

DANIELLE PERRY

(302) 685-5507 danielleperryhomes@gmail.com RE/MAX Edge License #RS-0023017 Listed on: 03/27/2025

Last Buyer's Agent

Ping Xu

(302) 743-3604 pingxul@yahoo.com RE/MAX Edge License #RA-0030970

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,992

Year Built

  • Built in 2003

Lot Details

  • 0.25 Acre Lot
  • Split Rail Fence
  • Property is zoned UDC

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

  • Aspen Property Management HOA
  • Brennan Estates Subdivision

Listing and Financial Details

  • Tax Lot 042
  • Assessor Parcel Number 1104610042

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,992

Year Built

Built in 2003

Lot Details

0

HOA Fees

$27 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2025-03-27
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Hardwood, Luxury Vinyl Plank
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3275
  • Living Area Sq Ft: 3275
  • Price Per Sq Ft: 245.16
  • Above Grade Finished Sq Ft: 2325
  • Below Grade Finished Sq Ft: 950
  • Total Below Grade Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 325.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: ASPEN PROPERTY MANAGEMENT
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary 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

  • Fencing: Split Rail
  • Lot Size Acres: 0.25
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: UDC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2700.00
  • Tax Annual Amount: 2992.00
  • Assessor Parcel Number: 1104610042
  • Tax Lot: 042
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
May 27, 2025
Sold by
Acharya Rakesh V
Bought by
Tang Yu
Seller's Agent
DANIELLE PERRY
RE/MAX Edge
Buyer's Agent
Ping Xu
RE/MAX Edge
List Price
$599,999
Sold Price
$550,000
Premium/Discount to List
-$49,999
-8.33%
Views
259
Current Estimated Value
$579,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,749
Avg. Annual Appreciation
9.68%
Original Mortgage
$440,000
Outstanding Balance
$438,549
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$141,200

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 1, 2021
Sold by
Bendel Matthew C
Bought by
Acharya Rakesh V and Acharya Rita V
Seller's Agent
Randy Shepheard
Patterson-Schwartz-Middletown
Buyer's Agent
Gary Bright
Tesla Realty Group, LLC
List Price
$445,000
Sold Price
$470,000
Premium/Discount to List
$25,000
5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Jul 23, 2020
Sold by
Bendel Matthew C and Bendel Tabitha A
Bought by
Bendel Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Listed on
Jun 20, 2011
Closed on
Feb 24, 2012
Sold by
Wilson Lanice K
Bought by
Bendel Matthew C and Bendel Tabitha A
Seller's Agent
RENEE' POLES
Long & Foster Real Estate, Inc.
Buyer's Agent
Janet Ulshafer
Patterson-Schwartz-Newark
List Price
$280,000
Sold Price
$265,000
Premium/Discount to List
-$15,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$265,000
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
Nov 3, 2006
Sold by
Wilson Myra B
Bought by
Wilson Lanice K

Purchase Details

Closed on
Apr 29, 2003
Sold by
Blenheim Homes Lp
Bought by
Wilson Myra B
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 $550,000 None Listed On Document
Deed $470,000 None Available
Interfamily Deed Transfer -- North American Title Ins Co
Deed $265,000 None Available
Deed $265,000 None Available
Deed -- None Available
Deed $247,525 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 New Conventional
Previous Owner $333,000 VA
Previous Owner $265,000 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2025 05/27/25 Sold $550,000 -3.5% $168 / Sq Ft
04/14/2025 04/14/25 Price Changed $569,999 -5.0% $174 / Sq Ft
03/27/2025 03/27/25 For Sale $599,999 +27.7% $183 / Sq Ft
11/01/2021 11/01/21 Sold $470,000 +5.6% $144 / Sq Ft View Prior Sale
09/21/2021 09/21/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $445,000 +67.9% $136 / Sq Ft
02/24/2012 02/24/12 Sold $265,000 0.0% $114 / Sq Ft View Prior Sale
01/03/2012 01/03/12 Pending -- -- --
01/01/2012 01/01/12 Off Market $265,000 -- --
10/03/2011 10/03/11 Price Changed $270,000 -3.6% $116 / Sq Ft
09/29/2011 09/29/11 For Sale $280,000 +5.7% $120 / Sq Ft
09/28/2011 09/28/11 Off Market $265,000 -- --
08/24/2011 08/24/11 Price Changed $280,000 -4.8% $120 / Sq Ft
06/20/2011 06/20/11 For Sale $294,000 -- $126 / 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 $3,578 $85,200 $12,200 $73,000
2023 $3,043 $85,200 $12,200 $73,000
2022 $3,064 $85,200 $12,200 $73,000
2021 $3,027 $85,200 $12,200 $73,000
2020 $0 $85,200 $12,200 $73,000
2019 $3,299 $85,200 $12,200 $73,000
2018 $310 $82,300 $12,200 $70,100
2017 $2,257 $82,300 $12,200 $70,100
2016 $2,257 $82,300 $12,200 $70,100
2015 $2,196 $82,300 $12,200 $70,100
2014 $2,191 $82,300 $12,200 $70,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2078284

Bright MLS

APN: 11-046.10-042