NOT LISTED FOR SALE

721 Observatory Dr Bear, DE 19701

Estimated Value: $412,000 - $441,000

3 Beds
4 Baths
2,175 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $243,000 $112 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,521/month

50 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Butlers Pantry
  • Deck
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of December 2016

Why wait for new construction? This 3 Bedroom 2.2 Bath unit overlooks a nice open space and is ready for a new owner. Home features spacious family room on the entry level with tons of windows. This level also features a powder room, laundry room plus access to the 2 car garage. Main level features bright living room, formal dining room w/ bamboo flooring and crown molding w/ yet another powder room. The beautiful updated ceramic tiled kitchen features upgraded cabinets w/ double sink, granite counter tops and a large center island accented w/ Stainless Steel Appliances. The eat-in kitchen slider leads you out to the large rear deck. Upper level features the Master bedroom with walk in closet plus 4 piece master bath, double sinks, separate shower and soaker tub. The additional 2 bedrooms are nicely sized & offer decent closet space. Additional full bath completes the upper level. Exterior of home is maintenance free and offers rear garage & driveway parking. The low monthly HOA fee covers Clubhouse usage, lawn cutting, trash pickup, snow removal and common area maintenance. Take a look...you will not be disappointed.

Last Agent to Sell the Property

Michael Sokira

(302) 438-8270 msokira@psre.com Patterson-Schwartz - Greenville License #RS-0023531 Listed on: 09/23/2016

Patterson-Schwartz - Greenville

Last Buyer's Agent

Team Freebery

(302) 420-8606 SOLD@TEAMFREEBERY.com EXP Realty, LLC License #R3-0017962

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,134

Year Built

  • Built in 2010

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22x99
  • Front Yard
  • Property is in good condition

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 2,175 Sq Ft Home
  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 4 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Gas Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1004830196

Community Details

Overview

  • Association fees include pool(s), common area maintenance
  • Built by REYBOLD
  • Meridian Crossing Subdivision, Cartier Floorplan

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,134

Year Built

Built in 2010

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Refridgerator, Draperies And Personal Items
  • Inclusions: Washer/Dryer, Window Shades, Security System
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2010
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Dishwasher, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Stall Shower, Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Slab
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2175
  • Living Area Sq Ft: 2175
  • Net Sq Ft: 2175.00
  • Price Per Sq Ft: 114.90
  • 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: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Shingle Siding
  • Access To Pool: Yes
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • 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 Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Type: Heat Pump - Gas Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 56.00
  • HOA Fee Frequency: Monthly
  • Additional Association Fees: Pool, Club
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance
  • HOA: No
  • Senior Community: No

Lot Info

  • Lot Features: Level, Front Yard
  • Lot Size Acres: 0.05
  • Lot Dimensions: 22X99
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: ST

Green Features

  • Green Remarks: Dual Flush Toilets

Building Info

  • Builder Name: REYBOLD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2331790
  • Tax Annual Amount: 2134.00
  • Assessor Parcel Number: 1004830196
  • Tax Year: 2015

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Dec 1, 2016
Sold by
Wallace Lauren A
Bought by
Hanson Ricky R and Dossantos Reinaldo M
Seller's Agent
Michael Sokira
Patterson-Schwartz - Greenville
Buyer's Agent
Team Freebery
EXP Realty, LLC
List Price
$249,900
Sold Price
$243,000
Premium/Discount to List
-$6,900
-2.76%
Current Estimated Value
$427,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,080
Avg. Annual Appreciation
6.44%
Original Mortgage
$194,400
Outstanding Balance
$157,071
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$270,009

Purchase Details

Closed on
Sep 30, 2010
Sold by
Reybold Venture Group Xi-C Llc
Bought by
Wallace Lauren A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,199
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
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
Hanson Ricky R $243,000 None Available
Wallace Lauren A $133,391 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Ricky R $194,400
Previous Owner Wallace Lauren A $252,199
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2016 12/01/16 Sold $243,000 -2.8% $112 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $249,900 -- $115 / 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 $2,747 $78,000 $5,400 $72,600
2018 $2,555 $78,000 $5,400 $72,600
2017 $2,394 $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

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Map

Source: Bright MLS

MLS Number: 1003956041

Bright MLS

APN: 10-048.30-196