NOT LISTED FOR SALE

50 Grissom Dr Bear, DE 19701

Estimated Value: $412,000 - $424,000

2 Beds
4 Baths
2,400 Sq Ft
$174/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $272,000 $113 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,476/month

Highlights

  • Fitness Center
  • Open Floorplan
  • Deck
  • View of Trees or Woods
  • Clubhouse
  • Traditional Architecture

About This Home

As of February 2020

No waiting for new construction with this well-maintained, six year old townhome with three levels in popular Meridian Crossing. Two huge master bedroom suites, each with its own full bathroom. Two additional powder rooms on main and lower levels. Save thousands in utility costs year after year with efficient GEOTHERMAL heating and air conditioning system (i.e., only $1,317 in annual electric costs . . $110/mos on average . . high of $137 and low of $78). Minimal HOA fees of $52/mos cover grass cutting, garbage collection, mulch in spring, snow removal, multiple playgrounds, new basketball court, tennis courts, clubhouse, paved walking trails, nightly security guard and common area landscaping. Community pool and gym are also available only to homeowners for additional fee. Spacious family room with ceiling fan and adjoining powder room and laundry area on ground level with comfortable outside patio (20' x 9') in rear of unit. Main level on second floor contains open floorplan with LR/DR/great room and huge eat-in kitchen with 42" cabinetry and deck (19' x 8') overlooking backyard and undeveloped acreage. Nine foot ceilings on both the entry and main levels. Two large master bedroom suites with walk-in closets and ceiling fans and two full bathrooms, one with garden tub, separate stand alone shower and double sink vanity and the other with full bathtub/shower and double sink vanity, complete the third level and finalize the finished 2,000+ s/f of space in this move-in ready beauty. One car garage and driveway parking for two additional vehicles. Early settlement possible! Hurry before it's SOLD!

Last Agent to Sell the Property

Alan Beattie

(302) 545-3586 alanbeatti@aol.com BHHS Fox & Roach - Hockessin License #RS315772 Listed on: 11/01/2019

BHHS Fox & Roach - Hockessin

Last Buyer's Agent

Hao Jiang

(302) 521-8778 howard.jiang@foxroach.com Patterson-Schwartz-Newark

Patterson-Schwartz-Newark

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,647

Year Built

  • Built in 2013

Lot Details

  • 3,049 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Backs to Trees or Woods
  • Property is in good condition

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Bump-Outs
  • Permanent Foundation
  • Block Foundation
  • Slab Foundation
  • Block Wall
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Views of Woods
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Garage Access
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Outdoor Features

  • Sport Court
  • Deck
  • Patio
  • Exterior Lighting
  • Playground
  • Play Equipment

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Electric Water Heater
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number 10-048.30-303

Community Details

Overview

  • Association fees include lawn care front, lawn care rear, lawn maintenance, trash
  • First Service Residential HOA
  • Meridian Crossing Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Pool Membership Available
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,647

Year Built

Built in 2013

Lot Details

0

HOA Fees

$52 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Curtains, Personal Property & Furniture
  • Historic: No
  • Inclusions: Refrigerator, Washer, Dryer, Blinds
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Walk-In Closet(s)
  • Window Features: Energy Efficient, Insulated, Screens
  • Fireplace: No
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Block Walls, Dry Wall
  • Foundation Details: Block, Permanent, Slab
  • Levels Count: 3+
  • Room List: Primary Bedroom, Bedroom 2, Kitchen, Family Room, Great Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Garage Access, Interior Access, Outside Entrance, Walkout Level
  • Laundry Type: Dryer In Unit, Lower Floor, Washer In Unit
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 118.71
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Frame, Stick Built
  • Exterior Features: Bump-Outs, Exterior Lighting, Play Area, Play Equipment, Sidewalks, Sport Court, Street Lights, Tennis Court(s)
  • Road Surface Type: Paved
  • Roof: Shingle
  • Spa: No
  • View: Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Geothermal
  • Cooling Type: Central A/C, Geothermal
  • Previous Twelve Months Electric Expense: 1317.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Geo-Thermal
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Resident Manager, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Phone Connected, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 52.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Fitness Center, Jog/Walk Path, Pool - Outdoor, Pool Mem Avail, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Rear, Lawn Maintenance, Trash
  • HOA Name: FIRST SERVICE RESIDENTIAL
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Concrete, In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Backs To Trees, Interior, Landscaping, Level
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Soil Types: Unknown
  • Zoning: ST
  • In City Limits: No

Green Features

  • Efficiency: Hvac

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1964.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2647.00
  • Assessor Parcel Number: 10-048.30-303
  • Tax Lot: 303
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Wu Bingcao and Tian Ye
Bought by
Wt Investment Llc
Current Estimated Value
$415,150

Purchase Details

Listed on
Nov 1, 2019
Closed on
Feb 28, 2020
Sold by
Anderson William M
Bought by
Wu Bingcao and Tian Ye
Seller's Agent
Alan Beattie
BHHS Fox & Roach - Hockessin
Buyer's Agent
Hao Jiang
Patterson-Schwartz-Newark
List Price
$285,000
Sold Price
$272,000
Premium/Discount to List
-$13,000
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$204,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2013
Sold by
Reybold Venture Group Xi C Llc
Bought by
Anderson William M
Source: Public Records

Range of Values:

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
Wt Investment Llc -- None Available
Wu Bingcao $272,000 None Available
Anderson William M $218,089 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wu Bingcao $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $272,000 -4.5% $113 / Sq Ft
11/25/2019 11/25/19 Price Changed $284,900 0.0% $119 / Sq Ft
11/01/2019 11/01/19 For Sale $285,000 -- $119 / 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 $2,890 $83,100 $5,900 $77,200
2023 $2,642 $83,100 $5,900 $77,200
2022 $2,751 $83,100 $5,900 $77,200
2021 $2,749 $83,100 $5,900 $77,200
2020 $2,767 $83,100 $5,900 $77,200
2019 $3,019 $83,100 $5,900 $77,200
2018 $207 $83,100 $5,900 $77,200
2017 -- $83,100 $5,900 $77,200
2016 -- $83,100 $5,900 $77,200
2015 $2,274 $83,100 $5,900 $77,200
2014 $2,286 $83,100 $5,900 $77,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC490186

Bright MLS

APN: 10-048.30-303