NOT LISTED FOR SALE

505 Equinox Dr Bear, DE 19701

Estimated Value: $458,000 - $557,000

3 Beds
2.5 Baths
3,475 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $455,000 $131 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,150/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Community Pool
  • Recreation Room
  • Great Room
  • Home Office

About This Home

As of October 2021

505 Equinox Drive is a lovely, move-in ready, three-year-old detached modern Colonial. This home has two large bedrooms, a master suite with a full bathroom and a walk-in closet, a second-floor full hall bath and a first-floor half bath. The entire first floor comes with dark hardwood floors, a living room with a fireplace, a dining area, and a kitchen with 48-inch dark brown cabinets, stainless steel and black Whirlpool appliances, granite countertops and a kitchen island with a sink. This beautiful home also has a finished basement, and a detached standalone two car garage has a front entrance but is located in the back of the house. It is located in the well sought-after development of Meridian Crossing which comes with sidewalks on every street as well as nature trails. A one hundred forty-eight-dollar monthly Homeowners Association fee covers the upkeep and maintenance of basketball, tennis, and volleyball courts, multiple playgrounds, as well as a community clubhouse, fitness center, swimming pool, lawn work and snow removal. This gem of a house also has sizable back and front yards, and a partial-wrap-around front porch to sit on and catch the summer breeze while enjoying the view of a floral garden.

Last Agent to Sell the Property

Gloria Alderman

(302) 838-3977 gloria.alderman@foxroach.com BHHS Fox & Roach-Christiana License #R3-0012878 Listed on: 08/16/2021

BHHS Fox & Roach-Christiana

Last Buyer's Agent

Mr. David New

(302) 738-2300 davidnew@kw.com KW Empower License #RA-0030954

KW Empower

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 2019

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned ST

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Fireplace
  • Great Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number 10-048.10-017

Community Details

Overview

  • Meridian Crossing Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,850

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: Contemporary
  • Ownership: Fee Simple
  • Inclusions: See Inclusions - Exclusion Sheet
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-08-16
  • Year Built: 2019
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Disposal, Microwave, Refrigerator, Stove, Washer, Water Heater, Dryer - Electric
  • Flooring Type: Carpet, Fully Carpeted, Hardwood, Vinyl, Wood
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Great Room, Laundry, Office, Recreation Room, Bathroom 1, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished, Full
  • 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: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick, Stick Built
  • Roof: Shingle
  • 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 - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

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
  • Utilities: Natural Gas Available, Sewer Available
  • 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
  • Property Condition: Excellent
  • Zoning: ST
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2106.00
  • Tax Annual Amount: 2850.00
  • Assessor Parcel Number: 10-048.10-017
  • Tax Lot: 017
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Oct 25, 2021
Sold by
Harp Annette
Bought by
Osipitan Omobolanle Adewale
Seller's Agent
Gloria Alderman
BHHS Fox & Roach-Christiana
Buyer's Agent
Mr. David New
KW Empower
List Price
$449,900
Sold Price
$455,000
Premium/Discount to List
$5,100
1.13%
Current Estimated Value
$521,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,239
Avg. Annual Appreciation
3.43%
Original Mortgage
$441,350
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2019
Sold by
Calatlantic Group Inc
Bought by
Harp Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
3.75%
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:

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
Osipitan Omobolanle Adewale -- None Available
Harp Annette $345,000 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
Previous Owner Osipitan Omobolanle Adewale $441,350
Previous Owner Harp Annette $327,750
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
10/25/2021 10/25/21 Sold $455,000 +1.1% $131 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $449,900 +30.4% $129 / Sq Ft
02/15/2019 02/15/19 Sold $345,000 -1.4% $131 / Sq Ft View Prior Sale
01/11/2019 01/11/19 Pending -- -- --
10/02/2018 10/02/18 For Sale $349,950 -- $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 $3,126 $89,900 $8,700 $81,200
2023 $2,858 $89,900 $8,700 $81,200
2022 $2,976 $89,900 $8,700 $81,200
2021 $2,974 $89,900 $8,700 $81,200
2020 $2,994 $89,900 $8,700 $81,200
2019 $2,988 $89,900 $8,700 $81,200
2018 $203 $89,900 $8,700 $81,200
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2004712

Bright MLS

APN: 10-048.10-017