NOT LISTED FOR SALE

601 Taurus Ave Bear, DE 19701

Estimated Value: $477,000 - $563,000

4 Beds
4 Baths
3,050 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $541,200 $177 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,245/month

About This Home

Located in popular Meridian Crossing, designed with sophistication and an eye for detail, this move in ready Mason model offers a desirable and versitle floorplan. The open first floor with inviting great room, totally upgraded kitchen, high ceilings and care free flooring also offers a den that could be used as a first floor bedroom, a converted study room with glass custom door and a mud room. Three spacious bedrooms, Two full upgraded baths and a laundry room complete the second floor. The lower level is finished into a recreation room with full bath and eagress window. Not a single detail has been overlooked when designing this perfect home. Upgraded flooring and lighting throughout, Upgraded gourmet kitchen with stainless appliances, quartz countertops, double built-in ovens, gas stove top and built in microwave. Center kitchen island with upgraded sink and faucet. The study/flex room can be used as a playroom or walk in pantry. The primary bedroom is complete with upgraded bath and walk-in closet. The lower level is finished into a recration retreat with a full bath and a huge storage room. Two car detached rear entry garage, fenced in yard with patio and extensive landscaping, front wrap around porch overlooking community open space and gazebo. Residents appreciate the upscale look and feel of Meridian Crossing and enjoy the beautifully detailed grounds featuring walkways, playgrounds, green spaces, pool, fitness center, ponds and fountains. The community clubhouse is a hub of activity, offering a meeting room, library, computer room, fitness center, movie room, games room, and party room. Additionally, the community features two outdoor swimming pools, two playgrounds, tennis courts, basketball courts, volleyball courts, soccer courts, and a walking trail. This is truly a dream living style community that has everything you need to live an active and enjoyable lifestyle, offers easy access to I95, shopping centers, hospitals, and more, making it a convenient location. This is an incredible home in a prime location. Come visit and experience this amazing ultimate community. As an added bonus this property is located in a geographic area which may result in the buyer being eligible for special loan programs which may provide additional financial assistance to buyers.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Mar 8, 2024
Sold by
Brown Joanne A and Brown David A
Bought by
Zala Mahipalsinh S and Zala Jaya M
Seller's Agent
Victoria Lawson
Long & Foster Real Estate, Inc.
Buyer's Agent
Kalpana Joshi
Patterson-Schwartz-Hockessin
List Price
$525,000
Sold Price
$541,200
Premium/Discount to List
$16,200
3.09%
Views
240
Current Estimated Value
$532,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,119
Avg. Annual Appreciation
-1.04%
Original Mortgage
$270,000
Outstanding Balance
$265,509
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$266,572

Purchase Details

Closed on
Feb 21, 2019
Sold by
Calatlantic Group Inc
Bought by
Brown Joanne and Brown David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
4.4%
Mortgage Type
New Conventional

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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ICE

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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
Zala Mahipalsinh S -- None Listed On Document
Brown Joanne -- None Available
Meridian Crossing Funding Co Inc $5,015,661 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zala Mahipalsinh S $270,000
Previous Owner Brown Joanne $328,000
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
03/14/2024 03/14/24 Sold $541,200 +3.1% $177 / Sq Ft View Prior Sale
01/21/2024 01/21/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $525,000 -- $172 / Sq Ft

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 $3,318 $95,400 $9,000 $86,400
2023 $3,033 $95,400 $9,000 $86,400
2022 $3,158 $95,400 $9,000 $86,400
2021 $3,156 $95,400 $9,000 $86,400
2020 $3,177 $95,400 $9,000 $86,400
2019 $213 $95,400 $9,000 $86,400
2018 $213 $6,500 $6,500 $0
2017 -- $6,500 $6,500 $0
2016 -- $6,500 $6,500 $0
2015 $178 $6,500 $6,500 $0
2014 $179 $6,500 $6,500 $0
Source: Public Records

Agents Affiliated with this Home

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