NOT LISTED FOR SALE

725 Observatory Dr Bear, DE 19701

Estimated Value: $419,523 - $462,000

3 Beds
4 Baths
2,175 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $263,000 $121 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,472/month

48 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Clubhouse
  • Cathedral Ceiling
  • Community Pool

About This Home

As of December 2015

Welcome to 725 Observatory Drive! Being located in Meridian Crossing, the charm of this 3-story townhome begins as soon as you enter this lovely community, which is full of amenities such as a clubhouse, community pool, playground and manicured grounds. Approaching the home, you are met with a private brick walkway, lined with trees and flowering shrubbery. Upon entering, the ground level is bright and inviting, offering a bonus space for storage, sitting area or anything your heart desires! Continuing upstairs you arrive into the core of the home, the large great room boasting crown moulding, large pane windows, Berber carpeting, column design features and formal dining space. The light and airy eat-in kitchen is also located on the main (2nd) floor and provides a great space to both cook and entertain. This kitchen just beckons to be enjoyed offering both form and function with tile flooring, stainless steel appliances, a work island with seating, a huge amount of countertop workspace, cabinet storage and special touches such as glass front cabinets to display your favorite china. Off of the kitchen, you'll find access to the large deck with LED light incorporated electric awning, providing plenty of room for outdoor cooking and covered dining. Moving upstairs to the 3rd floor, where the carpeting continues, the home contains 3 spacious bedrooms with ample storage and natural light. The 2 secondary rooms share a full bathroom with tiled shower and double vanity, while the master bedrooms features an en suite bathroom with double vanity and separate shower and soaking bathtub. This spacious townhome offers the complete package and is really a must see . . . be sure to view the virtual tour and schedule a personal tour today!

Last Agent to Sell the Property

Michael McKee

(610) 247-9154 mmckee@mkgre.com Long & Foster Real Estate, Inc. License #RS-0022204 Listed on: 09/24/2015

Long & Foster Real Estate, Inc.

Co-Listed By

Elizabeth McKee

(610) 420-1686 emckee@mkgre.com Long & Foster Real Estate, Inc. License #RS144210A

Last Buyer's Agent

Gail Frederick

(302) 373-7888 gail@levyhomesgroup.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 2010

Lot Details

  • 2,178 Sq Ft Lot
  • Front Yard
  • Property is in good condition

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,175 Sq Ft Home
  • Property has 3 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Finished Basement
  • Partial Basement
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on lower level

Schools

  • Kathleen H. Wilbur Elementary School
  • Gunning Bedford Middle School
  • William Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Deck

Listing and Financial Details

  • Tax Lot 198
  • Assessor Parcel Number 10-048.30-198

Community Details

Overview

  • Association fees include pool(s), common area maintenance, lawn maintenance, snow removal, trash, health club, management
  • Meridian Crossing Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,036

Year Built

Built in 2010

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Year Built: 2010
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Stall Shower, Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Partial, Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2175
  • Living Area Sq Ft: 2175
  • Net Sq Ft: 2175.00
  • Price Per Sq Ft: 117.24
  • 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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, 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
  • Parking Features: Private
  • Garage Features: Inside Access
  • 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
  • Electric Service: Underground, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 75.00
  • HOA Fee Frequency: Monthly
  • Additional Association Fees: Pool
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Club House, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash, Health Club, Management
  • HOA: Yes

Schools

  • Elementary School: KATHLEEN H. WILBUR
  • High School: WILLIAM PENN
  • Middle Or Junior School: GUNNING BEDFORD

Lot Info

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

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2036.00
  • Assessor Parcel Number: 10-048.30-198
  • Tax Lot: 198
  • Tax Year: 2015

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Nov 30, 2015
Sold by
Cartus Corp
Bought by
Codispoti Frank and Codispoti Helen
Seller's Agent
Michael McKee
Long & Foster Real Estate, Inc.
Buyer's Agent
Gail Frederick
Long & Foster Real Estate, Inc.
List Price
$265,000
Sold Price
$263,000
Premium/Discount to List
-$2,000
-0.75%
Current Estimated Value
$438,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,881
Avg. Annual Appreciation
5.27%
Original Mortgage
$178,000
Outstanding Balance
$141,282
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$297,599

Purchase Details

Listed on
Sep 24, 2015
Closed on
Nov 19, 2015
Sold by
Palmatary James M and Palmatary Samira
Bought by
Cartus Corp
Seller's Agent
Michael McKee
Long & Foster Real Estate, Inc.
Buyer's Agent
Gail Frederick
Long & Foster Real Estate, Inc.
List Price
$265,000
Sold Price
$263,000
Premium/Discount to List
-$2,000
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Outstanding Balance
$141,282
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$297,599

Purchase Details

Closed on
Jun 22, 2010
Sold by
Reybold Venture Group Xi & C Llc
Bought by
Palmatary James M and Hidalgo Samira G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,608
Interest Rate
4.98%
Mortgage Type
VA
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
Codispoti Frank $263,000 Premier Title & Escrow
Cartus Corp $236,000 None Available
Palmatary James M $263,934 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Codispoti Frank $178,000
Previous Owner Palmatary James M $269,608
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2015 12/21/15 Sold $263,000 +3.1% $121 / Sq Ft
11/11/2015 11/11/15 Pending -- -- --
10/05/2015 10/05/15 Price Changed $255,000 -3.8% $117 / Sq Ft
09/24/2015 09/24/15 For Sale $265,000 -- $122 / 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 $1,145 $78,000 $5,400 $72,600
2023 $1,037 $78,000 $5,400 $72,600
2022 $1,068 $78,000 $5,400 $72,600
2021 $1,166 $78,000 $5,400 $72,600
2020 $2,197 $78,000 $5,400 $72,600
2019 $2,373 $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

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

Map

Source: Bright MLS

MLS Number: 1002705864

Bright MLS

APN: 10-048.30-198