NOT LISTED FOR SALE

548 Equinox Dr Bear, DE 19701

Estimated Value: $461,000 - $486,000

3 Beds
3.5 Baths
2,950 Sq Ft
$160/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $415,000 $141 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,873/month

21 Days on Market

Highlights

  • Fitness Center
  • Deck
  • Community Pool
  • Clubhouse
  • Traditional Architecture
  • Tennis Courts

About This Home

As of November 2022

**Back On Market Due To No Fault Of The Sellers As Buyer Financing Went South** Living in the desirable development of Meridian Crossing is easy in this 4 year young 3 Bedroom 3.1 Bath townhome. This unit resides on a premium lot with scenic views. Off street parking in the spacious 2 car garage that leads into a lower level Rec Room with LVP flooring and plenty of room for entertainment. The main level offers neutral colors, gorgeous floors, and an open concept living space that flows meticulously. Plenty of natural light in the living room which leads you to the spacious kitchen with cabinets galore, oversized island, granite countertops, and stainless steel appliances. The dining area and a separate sitting space leads the way to the sliding glass doors onto a large deck where you can enjoy the beautiful scenic views. The upper level also offers neutral colors and a spacious primary bedroom with a large walk in closet, ensuite with dual sink vanity, tile shower, and large soaking tub. This level is also complete with a laundry area for convenience and accompanied by two other bedrooms with spacious closets. This amenity rich development offers a fitness center, picnic area and pond, four playgrounds, club house w/video lounge, large pool and cabana, park with baseball and soccer fields, basketball and tennis courts, and a community walking trail. Whether you need to commute to the city or the beaches this home is close to major highways. A Must See! -----> Be sure to check out the virtual tour

Last Agent to Sell the Property

Melissa Squier

(302) 841-1733 mmallet529@gmail.com Iron Valley Real Estate Premier License #RB-0031331 Listed on: 09/15/2022

Iron Valley Real Estate Premier

Last Buyer's Agent

Ping Xu

(302) 743-3604 pingxul@yahoo.com RE/MAX Edge License #RA-0030970

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,990

Year Built

  • Built in 2018

Lot Details

  • 3,049

HOA Fees

  • $119 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,950 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Dining Area
  • Carpet

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Wilbur Elementary School
  • Bedford Middle School
  • Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Deck
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 055
  • Assessor Parcel Number 10-048.40-055

Community Details

Overview

  • $201 Capital Contribution Fee
  • Meridian Crossing Subdivision
  • Property Manager

Amenities

  • Clubhouse

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,990

Year Built

Built in 2018

Lot Details

0

HOA Fees

$119 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: All major appliances including washer and dryer, patio furniture and planter on back deck.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-09-15
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Water Heater, Washer, Stainless Steel Appliances, Oven/Range - Gas
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Kitchen - Island, Primary Bath(s), Walk-In Closet(s)
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2950
  • Living Area Sq Ft: 2950
  • Price Per Sq Ft: 142.03
  • Above Grade Finished Sq Ft: 2950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • 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, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 119.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Club House, Fitness Center, Tennis Courts, Basketball Courts, Volleyball Courts, Tot Lots/Playground, Jog/Walk Path
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 201.00

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WILBUR
  • High School: PENN
  • Middle Or Junior School: BEDFORD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 88400.00
  • Land Assessed Value: 5900.00
  • 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)
  • Zoning: ST
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2332013
  • School Tax: 2213.00
  • Tax Annual Amount: 2990.00
  • Assessor Parcel Number: 10-048.40-055
  • Tax Lot: 055
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: COLONIAL

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Nov 10, 2022
Sold by
Gavini Nageshwar Reddy and Akshitha Reddy
Bought by
Xie Yishi and Yao Yuan
Seller's Agent
Melissa Squier
Iron Valley Real Estate Premier
Buyer's Agent
Ping Xu
RE/MAX Edge
List Price
$419,000
Sold Price
$415,000
Premium/Discount to List
-$4,000
-0.95%
Views
71
Current Estimated Value
$471,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,590
Avg. Annual Appreciation
4.40%
Original Mortgage
$373,500
Outstanding Balance
$362,191
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$109,399

Purchase Details

Listed on
Sep 18, 2019
Closed on
Jan 23, 2019
Sold by
Calatlantic Group Inc
Bought by
Gavini Nageshwar Reddy and Reddy Akshitha Reddy Kesi
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Melissa Squier
Iron Valley Real Estate Premier
List Price
$278,990
Sold Price
$301,500
Premium/Discount to List
$22,510
8.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$292,455
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Xie Yishi $415,000 --
Gavini Nageshwar Reddy -- Calatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xie Yishi $373,500
Previous Owner Gavini Nageshwar Reddy $292,455
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2022 11/10/22 Sold $415,000 -1.0% $141 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $419,000 0.0% $142 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $419,000 +50.2% $142 / Sq Ft
09/18/2019 09/18/19 For Sale $278,990 -7.5% --
01/31/2019 01/31/19 Sold $301,500 -- -- View Prior Sale
12/22/2018 12/22/18 Pending -- -- --
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 $3,280 $94,300 $5,900 $88,400
2023 $2,998 $94,300 $5,900 $88,400
2022 $3,122 $94,300 $5,900 $88,400
2021 $3,120 $94,300 $5,900 $88,400
2020 $3,140 $94,300 $5,900 $88,400
2019 $2,601 $94,300 $5,900 $88,400
2018 $141 $94,300 $5,900 $88,400
2017 -- $4,300 $4,300 $0
2016 -- $4,300 $4,300 $0
2015 $118 $4,300 $4,300 $0
2014 $118 $4,300 $4,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2030804

Bright MLS

APN: 10-048.40-055