NOT LISTED FOR SALE

Estimated Value: $632,000 - $763,000

3 Beds
2.5 Baths
2,375 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $665,000 $280 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,771/month

30 Days on Market

Highlights

  • Second Garage
  • 4.98 Acre Lot
  • Barn or Farm Building
  • Panoramic View
  • Colonial Architecture
  • Wooded Lot

About This Home

As of August 2024

Awaiting signatures
Charming Home on Expansive 5+\- Acre Lot with Unique Features

Welcome to 520 Cullan Dr, Bear, DE 19701, a meticulously maintained home, proudly owned by the original owner, nestled on approximately 5 acres of serene land. This unique property offers privacy and tranquility on a private drive, backing to government-owned land, and is near a small lake and the C&D Canal.

Exterior and Grounds:

Private Drive: Enjoy the seclusion and peace of a private drive.
Expansive Lot: Approximately 5 acres of well-maintained grounds.
Detached Structures: A tractor shed and a detached two-car garage with a finished upper level provide ample storage and versatile space.
Attached Garage: An additional garage attached to the home for convenience.
Interior Features:

Main Floor:

Living Room & Dining Area: Cozy living spaces perfect for relaxation and gatherings.
Kitchen & Family Room: The kitchen features bar seating and opens to a welcoming family room, ideal for entertaining.
Sunroom: A large sunroom off the kitchen overlooks the spacious grounds, offering a bright and airy space to enjoy the views.
Second Floor:

Owner's Suite: A spacious suite with large closets, a full bathroom, and an office/flex space for your convenience.
Additional Bedrooms: Two more bedrooms with an open view to the family room and a full bath complete the second floor.
Potential and Opportunities:

Subdividable Lot: The property is situated on the right side of the acreage, providing the potential to subdivide into an additional lot (verification with New Castle County required).
This property at 520 Cullan Dr, Bear, DE 19701 is a rare find, combining the charm of a well-maintained home with expansive outdoor space and versatile structures. Whether you seek a private retreat or a place with development potential, this home offers endless possibilities.

Real Estate Opportunity in Bear, DE: Don't miss out on this unique opportunity to own a piece of paradise. Contact us today to schedule a viewing!

Last Agent to Sell the Property

David Sordelet

(302) 613-4228 wesell@teamsordelet.com Real Broker, LLC Listed on: 06/15/2024

Co-Listed By

Iris Sordelet

(302) 593-1523 iris@teamsordelet.com Real Broker, LLC License #RS-0015233

Last Buyer's Agent

Kelly Clark

(302) 757-6041 kelly@crownhomesre.com Crown Homes Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,974

Year Built

  • Built in 1987

Lot Details

  • 4.98 Acre Lot
  • Lot Dimensions are 372.90 x 586.90
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is zoned NC40

Parking

  • 3 Garage Spaces | 1 Attached and 2 Detached
  • 10 Driveway Spaces
  • Second Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • Woods
  • Pasture

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,375 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Attic Fan
  • Home Security System
  • Basement

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Southern Elementary School
  • Gunning Bedford Middle School
  • William Penn High School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Underground Utilities
  • Water Treatment System
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Suburban Location
  • Barn or Farm Building

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 042
  • Assessor Parcel Number 12-026.00-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,974

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Victorian
  • Ownership: Fee Simple
  • Exclusions: Personal Property, tractor and gardening equipment is negotiable
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-06-15
  • Federal Flood Zone: No
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), Attic/House Fan, Central Vacuum, Water Treat System, Kitchen - Eat-In
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Basement, Bedroom 1
  • Basement: No
  • Total Sq Ft: 2375
  • Living Area Sq Ft: 2375
  • Price Per Sq Ft: 294.32
  • Above Grade Finished Sq Ft: 2375
  • 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
  • Other Structures List: Shed, 2nd Garage, Barn/Farm Building
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Exterior Features: Street Lights
  • Roof: Shingle
  • Spa: No
  • View: Panoramic, Pasture, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 13
  • Type Of Parking: Driveway, Attached Garage, Detached Garage
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Underground
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SOUTHERN
  • High School: WILLIAM PENN
  • Middle Or Junior School: GUNNING BEDFORD

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Level, Open, Trees/Wooded, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 4.98
  • Lot Dimensions: 372.90 x 586.90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 216929.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: NC40
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 2201.00
  • Tax Annual Amount: 2974.00
  • Assessor Parcel Number: 12-026.00-042
  • Tax Lot: 042
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Aug 12, 2024
Sold by
Whitesell William D and Whitesell Nancy J
Bought by
Wiker Nicholas J and Mcclendon Vinneshia
Seller's Agent
David Sordelet
Real Broker, LLC
Buyer's Agent
Kelly Clark
Crown Homes Real Estate
List Price
$750,000
Sold Price
$665,000
Premium/Discount to List
-$85,000
-11.33%
Views
168
Current Estimated Value
$679,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,982
Avg. Annual Appreciation
1.62%
Original Mortgage
$631,750
Outstanding Balance
$624,588
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$55,394

Purchase Details

Closed on
Jan 1, 1986
Bought by
Whitesell William D and Whitesell Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wiker Nicholas J -- None Listed On Document
Whitesell William D $23,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiker Nicholas J $631,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Sold $665,000 -4.9% $280 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/15/2024 07/15/24 Off Market $699,000 -- --
06/26/2024 06/26/24 Price Changed $699,000 -6.8% $294 / Sq Ft
06/15/2024 06/15/24 For Sale $750,000 -- $316 / 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 $2,628 $93,800 $25,000 $68,800
2023 $2,336 $93,800 $25,000 $68,800
2022 $2,474 $93,800 $25,000 $68,800
2021 $2,574 $93,800 $25,000 $68,800
2020 $0 $93,800 $25,000 $68,800
2019 $2,588 $93,800 $25,000 $68,800
2018 $2,533 $93,800 $25,000 $68,800
2017 $2,339 $93,800 $25,000 $68,800
2016 $1,948 $93,800 $25,000 $68,800
2015 $1,948 $93,800 $25,000 $68,800
2014 $2,450 $93,800 $25,000 $68,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2063016

Bright MLS

APN: 12-026.00-042