NOT LISTED FOR SALE

523 Cullan Dr Bear, DE 19701

Kirkwood Neighborhood

Estimated Value: $902,000 - $1,032,000

2.46 Acres
$398,599 Price per Acre
107,158 Sq Ft Lot

Last Sold April 03, 2020

Last sale price $180,000

Est. 445% increase in value since last sale

Current estimated payment $5,856/month

110 Days on Market

About This Lot

As of April 2020

Are you looking for a place to build your dream home OR build someone else s dream home? If you re looking for country living at it s finest than you ve come to the right place! This land offers you privacy and tranquility while also being close to major roadways like Route 1, 13 and 896 AND it s close to shopping centers, medical facilities, and public and private schools. This is rare opportunity to build on 2.46 acres of land in Bear within a community of only 9 other homes. And whether your building the home for yourself or building for someone else, you ll enjoy the instant equity or nice return as the seller sold the home next door for $550,000 on the same acreage! The sky is truly the limit with no builder tie-ins and no HOA! This opportunity won't come again as this is the last piece of land available in this small community so come on by and visit your next haven!

Last Agent to Sell the Property

Candie Holley

BHHS Fox & Roach - Hockessin Listed on: 10/27/2019

Co-Listed By

GLORIA ALDERMAN

BHHS Fox & Roach-Christiana License #R3-0012878

Last Buyer's Agent

Candie Holley

BHHS Fox & Roach - Hockessin Listed on: 10/27/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $357

Lot Details

  • 2.46 Acre Lot
  • Lot Dimensions are 169.70 x 459.90
  • No Building Permits
  • Property is zoned NC40

Schools

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

Utilities

  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 055
  • Assessor Parcel Number 12-026.00-055

Property Details

Property Type

Land

Est. Annual Taxes

$357

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 1.87
  • Street Number Modifier: 523

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: COLONIAL
  • Elementary School: SOUTHERN
  • Middle School: GUNNING BEDFORD
  • High School: WILLIAM PENN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396891
  • School District Source: 3rd Party
  • Elementary School: SOUTHERN
  • High School: WILLIAM PENN
  • Middle Or Junior School: GUNNING BEDFORD

Lot Info

  • Additional Parcels: No
  • Lot Count: 1
  • Lot Size Acres: 2.46
  • Lot Dimensions: 169.70 x 459.90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 107158.00
  • Year Assessed: 2019
  • Zoning: NC40
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • School Tax: 265.00
  • Tax Annual Amount: 357.00
  • Assessor Parcel Number: 12-026.00-055
  • Tax Lot: 055
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/03/2020

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2019
Closed on
Apr 3, 2020
Sold by
Delillio Arthur F
Bought by
Savage Shawn D and Savage Melinda Shunta
Seller's Agent
Candie Holley
BHHS Fox & Roach - Hockessin
Buyer's Agent
Candie Holley
BHHS Fox & Roach - Hockessin
List Price
$225,000
Sold Price
$180,000
Premium/Discount to List
-$45,000
-20%
Current Estimated Value
$980,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$800,553

Purchase Details

Closed on
Nov 1, 1987
Bought by
Delillio Arthur F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Savage Shawn D -- None Available
Delillio Arthur F $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savage Shawn D $676,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $180,000 -10.0% --
11/04/2019 11/04/19 Price Changed $199,999 -11.1% --
10/27/2019 10/27/19 For Sale $225,000 -- --
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 $6,153 $184,500 $17,200 $167,300
2023 $5,578 $184,500 $17,200 $167,300
2022 $355 $11,200 $11,200 $0
2021 $355 $11,200 $11,200 $0
2020 $357 $11,200 $11,200 $0
2019 $0 $11,200 $11,200 $0
2018 $0 $11,200 $11,200 $0
2017 -- $11,200 $11,200 $0
2016 -- $11,200 $11,200 $0
2015 -- $11,200 $11,200 $0
2014 -- $11,200 $11,200 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Candie Holley

    BHHS Fox & Roach

    Section Image

  • G

    Seller Co-Listing Agent in 2020

    GLORIA ALDERMAN

    BHHS Fox & Roach

    Section Image
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Map

Source: Bright MLS

MLS Number: DENC489890

Bright MLS

APN: 12-026.00-055

Delaware New Castle County Bear 19701 Kirkwood

523 Cullan Dr, Bear, DE

This home is located at 523 Cullan Dr, Bear, DE 19701 since 27 October 2019 and is currently estimated at $980,553. 523 Cullan Dr is a home located in New Castle County with nearby schools including Southern Elementary School, Gunning Bedford Middle School, and Aquinas Academy.

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