NOT LISTED FOR SALE

717 Observatory Dr Bear, DE 19701

Estimated Value: $406,000 - $438,000

3 Beds
4 Baths
2,175 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $281,500 $129 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,493/month

21 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Community Pool
  • Living Room
  • Dining Room

About This Home

As of October 2019

Welcome to this beautiful home, meticulously maintained and tastefully updated. You will fall in love the moment you walk through the door. This large 3 bedroom home features 2 full baths and 2 half baths. As you enter this home on the lower level you will find yourself in the family room with updated luxury vinyl plank flooring with access to the powder room, laundry/utility room and a large two car garage. Make your way to the main level which has also been updated with the same luxury vinyl plank flooring that is perfect for entertainment with the immaculate eat in kitchen that has been upgraded with new glass tile backsplash, granite countertops and newer stainless steel appliances that you have to come and see for yourself. The favorable open floor concept will take you to the dining area and living room that are perfect for entertaining or time with family, let s not forget a powder room access on the same floor. Open the sliding door from the eat in kitchen and enjoy the low maintenance Trex deck after a long day at work. Make your way to the upper level where you ll find all new carpeting, three bedrooms and 2 full bathrooms to unwind and relax. This low maintenance home is located in the Meridian Crossing community and is situated on 160 acres of manicured grounds that has so much to offer. This particular home is situated right in front of the playground, take a walk on the beautiful trail walkway or sit by the pond with the fountain view to soak up the nature. Its less than a 2 min walk to the club house where you ll find a conference room with internet, a theater style media room, an oversized outdoor pool and a state-of-the-art gym. A great community with this beautiful home awaits you. The reasonable HOA dues cover your landscaping and grass cutting, trash removal and snow removal. Come and see this beautiful home today!

Last Agent to Sell the Property

Svetlana Welsh

(302) 234-6045 welshlana@hotmail.com Patterson-Schwartz-Hockessin License #rs347325 Listed on: 08/30/2019

Patterson-Schwartz-Hockessin

Co-Listed By

Michael Donnelly

(302) 234-6040 mdonnelly@psre.com Patterson-Schwartz-Hockessin

Last Buyer's Agent

George Manolakos

(302) 529-2690 georgesells@comcast.net Patterson-Schwartz-Brandywine

Patterson-Schwartz-Brandywine

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 2010

Lot Details

  • 2,178 Sq Ft Lot

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Rear-Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,175 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 1004830194

Community Details

Overview

  • Meridian Crossing Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,555

Year Built

Built in 2010

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2010
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2175
  • Living Area Sq Ft: 2175
  • Price Per Sq Ft: 133.29
  • Above Grade Finished Sq Ft: 2175
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Exterior Features: Street Lights
  • 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
  • Open Parking Spaces Count: 2
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 52.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: ST
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2331788
  • Tax Annual Amount: 2555.00
  • Assessor Parcel Number: 1004830194
  • Tax Year: 2018

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Oct 28, 2019
Sold by
Gorman Zolochik Joshua and Gorman Zolachik Nicholas
Bought by
June Derek F
Seller's Agent
Svetlana Welsh
Patterson-Schwartz-Hockessin
Buyer's Agent
George Manolakos
Patterson-Schwartz-Brandywine
List Price
$295,000
Sold Price
$281,500
Premium/Discount to List
-$13,500
-4.58%
Current Estimated Value
$422,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,830
Avg. Annual Appreciation
6.85%
Original Mortgage
$267,425
Outstanding Balance
$235,732
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$186,598

Purchase Details

Closed on
Feb 24, 2016
Sold by
Zolochik Joshua A and Gorman Nicholas
Bought by
Gorman Zolochik Joshua and Gorman Zolochik Nicholas

Purchase Details

Listed on
Dec 13, 2012
Closed on
Apr 24, 2014
Sold by
Ward Andrea Lee
Bought by
Zolochik Joshua A and Gorman Nicholas
Seller's Agent
David Sordelet
Real Broker, LLC
Buyer's Agent
Sharon Stewart
EXP Realty, LLC
List Price
$214,900
Sold Price
$190,000
Premium/Discount to List
-$24,900
-11.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$186,558
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2010
Sold by
Reybold Venture Group Xi-C Llc
Bought by
Ward Andrea Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,481
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
June Derek F $281,500 None Available
Gorman Zolochik Joshua -- None Available
Zolochik Joshua A $142,500 None Available
Ward Andrea Lee $250,815 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open June Derek F $267,425
Previous Owner Zolochik Joshua A $186,558
Previous Owner Ward Andrea Lee $247,481
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2019 10/28/19 Sold $281,500 -2.9% $129 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/05/2019 09/05/19 Price Changed $289,900 -1.7% $133 / Sq Ft
08/30/2019 08/30/19 For Sale $295,000 +55.3% $136 / Sq Ft
04/25/2014 04/25/14 Sold $190,000 -2.6% $87 / Sq Ft View Prior Sale
01/09/2014 01/09/14 Pending -- -- --
12/03/2013 12/03/13 Price Changed $195,000 -2.5% $90 / Sq Ft
11/01/2013 11/01/13 Price Changed $199,900 -2.5% $92 / Sq Ft
10/21/2013 10/21/13 Price Changed $205,000 -2.4% $94 / Sq Ft
10/16/2013 10/16/13 Price Changed $210,000 -4.5% $97 / Sq Ft
07/31/2013 07/31/13 Price Changed $220,000 +6.0% $101 / Sq Ft
05/28/2013 05/28/13 Price Changed $207,500 -3.4% $95 / Sq Ft
05/15/2013 05/15/13 For Sale $214,900 0.0% $99 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
01/21/2013 01/21/13 Price Changed $214,900 -4.5% $99 / Sq Ft
12/13/2012 12/13/12 For Sale $225,000 -- $103 / 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 $2,713 $78,000 $5,400 $72,600
2023 $2,479 $78,000 $5,400 $72,600
2022 $2,582 $78,000 $5,400 $72,600
2021 $2,581 $78,000 $5,400 $72,600
2020 $2,597 $78,000 $5,400 $72,600
2019 $2,824 $78,000 $5,400 $72,600
2018 $195 $78,000 $5,400 $72,600
2017 $2,134 $78,000 $5,400 $72,600
2016 $2,134 $78,000 $5,400 $72,600
2015 $2,134 $78,000 $5,400 $72,600
2014 $2,146 $78,000 $5,400 $72,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC486020

Bright MLS

APN: 10-048.30-194