NOT LISTED FOR SALE

713 Observatory Dr Bear, DE 19701

Estimated Value: $423,622 - $490,000

3 Beds
4 Baths
2,500 Sq Ft
$181/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $400,000 $160 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,748/month

24 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Community Pool
  • Community Playground
  • Northeast Facing Home

About This Home

As of February 2022

Welcome to beautiful end unit Town Home with 3 bedroom, 2 full baths, and 2 half baths with over 2,500 sqft of living space in Meridian Crossing. Upgraded Kitchen with plenty of windows and natural light throughout the house. Master bedroom offers abundant light and space with a walk-in closet, a master bath with double vanity, jetted soaking tub, stand-up shower. Additional 2 bedrooms are generously sized with good closet space. Second Bath has double vanity sinks and a shower. All appliances are included. Home is located opposite to Park. Community has lot of amenities for entertainment.

Last Agent to Sell the Property

KISHORE GONTU

(302) 218-9015 kishore.gontu@gmail.com Concord Realty Group Listed on: 12/16/2021

Concord Realty Group

Last Buyer's Agent

Julie Spagnolo

(302) 463-4088 juliespagnolo@northroprealty.com Northrop Realty License #R3-0020874

Northrop Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,711

Year Built

  • Built in 2010

Lot Details

  • 3,049 Sq Ft Lot
  • Northeast Facing Home

HOA Fees

  • $126 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • Dryer

Kitchen

  • Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 192
  • Assessor Parcel Number 10-048.30-192

Community Details

Overview

  • Association fees include health club, common area maintenance, snow removal, trash
  • Meridian Crossing Subdivision

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,711

Year Built

Built in 2010

Lot Details

0

HOA Fees

$126 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Appliances: Built-In Microwave,Dishwasher, Disposal, Oven/Range - Gas, Refrigerator, Washer & Dryer.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-12-17
  • Federal Flood Zone: No
  • Year Built: 2010
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator, Dryer, Microwave, Cooktop
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 163.60
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 126.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Health Club, Common Area Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 79600.00
  • 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
  • Zoning: ST
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2331786
  • School Tax: 2003.00
  • Tax Annual Amount: 2711.00
  • Assessor Parcel Number: 10-048.30-192
  • Tax Lot: 192
  • 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
Dec 16, 2021
Closed on
Feb 11, 2022
Sold by
Venkatraman Junnotula
Bought by
Karande Tanmay
Seller's Agent
KISHORE GONTU
Concord Realty Group
Buyer's Agent
Julie Spagnolo
Northrop Realty
List Price
$409,000
Sold Price
$400,000
Premium/Discount to List
-$9,000
-2.2%
Current Estimated Value
$452,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,656
Avg. Annual Appreciation
3.29%
Original Mortgage
$365,000
Outstanding Balance
$338,930
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$113,726

Purchase Details

Closed on
Jun 25, 2010
Sold by
Reybold Venture Group Xi-C Llc
Bought by
Junnotula Venkatraman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,075
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Karande Tanmay $400,000 Brady Law Firm Pa
Junnotula Venkatraman $140,049 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karande Tanmay $365,000
Previous Owner Junnotula Venkatraman $276,075
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $400,000 -2.2% $160 / Sq Ft
12/16/2021 12/16/21 For Sale $409,000 0.0% $164 / Sq Ft
12/16/2021 12/16/21 Price Changed $409,000 -- $164 / 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 $2,973 $85,500 $5,900 $79,600
2023 $2,718 $85,500 $5,900 $79,600
2022 $2,830 $85,500 $5,900 $79,600
2021 $2,829 $85,500 $5,900 $79,600
2020 $2,847 $85,500 $5,900 $79,600
2019 $3,176 $85,500 $5,900 $79,600
2018 $230 $85,500 $5,900 $79,600
2017 $2,339 $85,500 $5,900 $79,600
2016 $2,339 $85,500 $5,900 $79,600
2015 $2,339 $85,500 $5,900 $79,600
2014 -- $85,500 $5,900 $79,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2012562

Bright MLS

APN: 10-048.30-192