NOT LISTED FOR SALE

503 Equinox Dr Bear, DE 19701

Estimated Value: $514,608 - $565,000

4 Beds
3 Baths
3,475 Sq Ft
$157/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $463,000 $133 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,274/month

Highlights

  • Colonial Architecture
  • Great Room
  • Home Gym
  • Recreation Room
  • Community Pool
  • 2 Car Detached Garage

About This Home

As of September 2021

Come home to Meridian Crossing, Northern Delaware’s finest new community. This lovely, modern Colonial style single-family house is a rare find: move right into nearly-new construction (built 2019) without the hassle of building on your own. With 4 bedrooms, 3 full baths, and an expansive finished basement, this spacious home offers over 3700 sq. ft. of living space. On the main level, upgraded espresso hardwood floors extend throughout the open-concept great room that serves as the heart of the home. The living room, dining, and kitchen areas all flow into one with 9-foot ceilings and windows on all sides to create a bright, comfortable place to gather. The well-appointed kitchen features extended white cabinetry with soft-close drawers, slider storage shelves, dazzling grey and white granite countertops and large island, and Whirlpool stainless steel appliances. Rounding out the main level, there is also a bedroom and adjacent full bath, providing an ideal area for visiting guests. Heading upstairs, light floods in through the extra tall windows, and you'll find a convenient second-floor laundry room off the top landing. There are two nice-sized secondary bedrooms on this floor with a full bathroom located between. Double doors open to a spacious master suite with an ample walk-in closet. The elegantly tiled en-suite master bath features a separate water closet for extra privacy, dual vanity with lots of counter space and cabinet storage, along with a full wall mirror. For bathing, choose between the glassed-in shower with bench, or for a spa-like experience, luxuriate in the deep soaker tub with a glass of wine. The huge finished basement with egress adds an additional floor of living space, large enough to serve multiple purposes. Offering comfort both inside and out, this home features an inviting partial wrap-around porch with room for family and guests to gather during the warmer months, overlooking colorful garden beds that add to the house’s charming curb appeal. The planted perennials ensure that you can enjoy an array of blooms year after year. And out back, there is a raised double garden plot, currently home to bountiful tomato and pepper plants. You’ll also find the detached two-car garage behind the house. For added security in this already safe neighborhood, brand new fingerprint recognition deadbolts were recently installed, and there are motion-activated flood lights in the front and back of the house along with Ring video doorbells, which can remain if the new owners choose. A definite highlight of this home is the community. With acres of beautifully manicured grounds, ponds, fountains, and open green spaces, Meridian Crossing is the perfect place to call home. Sidewalks on every street along with nature trails make this a highly walkable neighborhood and great place to get outside. Residents can also take advantage of a variety of amenities, all included in the reasonable HOA dues ($148/month). Hang out in the community clubhouse, work out in the fitness center, get physical on the basketball, tennis, or volleyball courts, or go for a swim and soak up the sun at the massive pool that brings neighbors together in the summertime. There are also multiple playgrounds, including one located just at the end of the block. With so many options to stay active, you’ll enjoy the convenience of year-round maintenance-free living, as your HOA fees also cover all lawn work and snow removal. Take advantage of the ease of suburban living while still having multiple metro areas within reach. Be on the Wilmington riverfront in 15 min and at PHL airport/Philly in less than 45, with Baltimore, NYC, DC, and tri-state beaches all within only a couple hours drive!

Last Agent to Sell the Property

Michael Wilson

(302) 521-6307 wilsonsale@aol.com BHHS Fox & Roach-Greenville License #RA-0003110 Listed on: 07/22/2021

BHHS Fox & Roach-Greenville

Last Buyer's Agent

Marilyn Mills

(302) 353-7171 marilyn.mills@foxroach.com BHHS Fox & Roach-Christiana

BHHS Fox & Roach-Christiana

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 2019

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned ST

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Great Room
  • Dining Room
  • Recreation Room
  • Home Gym
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

Utilities

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

Listing and Financial Details

  • Tax Lot 016
  • Assessor Parcel Number 10-048.10-016

Community Details

Overview

  • Meridian Crossing Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,860

Year Built

Built in 2019

Lot Details

0

HOA Fees

$148 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-22
  • Year Built: 2019
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Exercise Room, Great Room, Laundry, Recreation Room, Bathroom 1, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full
  • Basement Finished Percent: 75.00
  • Total Sq Ft: 3475
  • Living Area Sq Ft: 3475
  • Price Per Sq Ft: 162.13
  • Above Grade Finished Sq Ft: 2775
  • Below Grade Finished Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • 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, Aluminum Siding
  • 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
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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: 148.00
  • 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: 0.16
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Zoning: ST
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2113.00
  • Tax Annual Amount: 2860.00
  • Assessor Parcel Number: 10-048.10-016
  • Tax Lot: 016
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 2, 2021
Sold by
Weichert Workforce Mobility Inc
Bought by
Romano Jennie Lynn and Romano Joanna Ruth
Seller's Agent
Michael Wilson
BHHS Fox & Roach-Greenville
Buyer's Agent
Marilyn Mills
BHHS Fox & Roach-Christiana
List Price
$449,900
Sold Price
$463,000
Premium/Discount to List
$13,100
2.91%
Current Estimated Value
$544,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,652
Avg. Annual Appreciation
3.98%
Original Mortgage
$439,850
Outstanding Balance
$400,231
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$144,421

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 4, 2021
Sold by
Mitchell Andre and Mitchell Ashleigh White
Bought by
Weichert Workforce Mobility Inc
Seller's Agent
Michael Wilson
BHHS Fox & Roach-Greenville
Buyer's Agent
Marilyn Mills
BHHS Fox & Roach-Christiana
List Price
$449,900
Sold Price
$463,000
Premium/Discount to List
$13,100
2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,850
Outstanding Balance
$400,231
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$144,421

Purchase Details

Listed on
Jan 14, 2019
Closed on
Feb 25, 2019
Sold by
Calatlantic Group Inc
Bought by
White Mitchell Andre and White Mitchell Ashleigh
Seller's Agent
Debra Glatz
Lennar Sales Corp New Jersey
Buyer's Agent
Dianne Platt
Patterson-Schwartz-Middletown
List Price
$347,990
Sold Price
$334,990
Premium/Discount to List
-$13,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Original Mortgage
$264,990
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2011
Sold by
Bergen Delaware Realty Llc
Bought by
The Provident Bank

Purchase Details

Closed on
Mar 15, 2006
Sold by
Reybold Venture Group Xi-F Llc
Bought by
Meridian Crossing Funding Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,082,986
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Romano Jennie Lynn -- None Available
Weichert Workforce Mobility Inc $463,000 Brennan Ttl Co Natl Accounts
White Mitchell Andre -- None Available
The Provident Bank -- None Available
Meridian Crossing Funding Co Inc $5,015,661 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romano Jennie Lynn $439,850
Previous Owner White Mitchell Andre $264,990
Previous Owner Meridian Crossing Funding Co Inc $1,082,986
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2021 09/15/21 Sold $463,000 +2.9% $133 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $449,900 +34.3% $129 / Sq Ft
02/28/2019 02/28/19 Sold $334,990 0.0% $128 / Sq Ft View Prior Sale
02/17/2019 02/17/19 Pending -- -- --
02/05/2019 02/05/19 Price Changed $334,990 -0.9% $128 / Sq Ft
02/05/2019 02/05/19 Price Changed $337,990 -2.9% $129 / Sq Ft
01/14/2019 01/14/19 For Sale $347,990 -- $133 / 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 $3,137 $90,200 $8,700 $81,500
2023 $2,867 $90,200 $8,700 $81,500
2022 $2,986 $90,200 $8,700 $81,500
2021 $2,984 $90,200 $8,700 $81,500
2020 $3,004 $90,200 $8,700 $81,500
2019 $2,998 $90,200 $8,700 $81,500
2018 $203 $90,200 $8,700 $81,500
2017 -- $6,200 $6,200 $0
2016 -- $6,200 $6,200 $0
2015 $170 $6,200 $6,200 $0
2014 $171 $6,200 $6,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2002746

Bright MLS

APN: 10-048.10-016