NOT LISTED FOR SALE

731 Observatory Dr Bear, DE 19701

Estimated Value: $413,000 - $440,000

3 Beds
4 Baths
2,175 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $230,000 $106 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,517/month

418 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Home Security System
  • 2 Car Attached Garage
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2016

Stunning 5-year young townhome in Bear's Meridian Crossing offers 3 amazing levels of living! Townhome faces open parkland with tree line beyond and conveniently sits adjacent to ball field, playground and pavilion; Beautiful amenities, open floorplan and meticulously decorated; 1st level features a front door with transom window above and ceramic tile floor that transitions to tan carpet and cozy FR; a triple window with deep ledges sits on the front wall allowing natural light in; Off the FR is a PR with energy saver dual flush toilet, big laundry room and access to 2-car garage and back of home; Main level is spectacular with a modern edge and designer look in colors of terracotta, gold and tan; LR blends into DR offering wonderful easy entertaining spaces; Polished hardwood floors are throughout; a grand Palladian window graces the front wall in the LR.; the DR, although not a separate room, showcases a white free-standing column, extra millwork and chair rail, ensuring an elegant dining area; a PR is on this level as well; Back of the home is the first-class kitchen with center island, rich cherry cabinets with space above to highlight greenery, vases, baskets and more, SS appliances, granite countertops, recessed lighting, pantry and glass sliders that lead out to elongated deck with railing; views look beyond the semi-private parking to the natural landscaping, secluded place to get away from the hustle and bustle of everyday life; Angled hall leads to secondary beds with park views and hall bath with cherry vanity with dual sink. Indulge in this MBR! Huge room with cherry ceiling fan, double window and walk-in closet; Master bath beckons you to soak in the garden tub with oversize window above, or take a quick shower; privacy bathroom is a bonus. Convenient and beautiful clubhouse on grounds with pool and fitness center; Nearby to Glasgow Park, Christiana Mall, Library and Rt. 40 and I-95 interchanges; Upgrades include surround sound, and both security and intercom systems; 3-level living, 1 fabulous home! With purchase of this home you also get access to the amazing Meridian Crossing clubhouse, fitness center, theater, executive conference center and more. This home is being sold as a short sale. And it is the most gorgeous short sale you will ever find. Make an offer today, it won't last.

Last Agent to Sell the Property

Michael Milligan

(302) 299-3756 mike@emeraldc21.com Century 21 Emerald License #RA-0031003 Listed on: 06/09/2015

Century 21 Emerald

Last Buyer's Agent

Megan Johnston

(302) 299-5398 megan.johnston@foxroach.com BHHS Fox & Roach-Christiana License #RS-0015772

BHHS Fox & Roach-Christiana

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,134

Year Built

  • Built in 2010

Lot Details

  • 2,178 Sq Ft Lot

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,175 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Eat-In Kitchen
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • Meridian Crossing Subdivision

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 10-048.30-202

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,134

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: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2010
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • 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: 109.84
  • 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: Aluminum Siding, Vinyl Siding
  • Access To Pool: No
  • 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
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 75.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 72600.00
  • Land Assessed Value: 5400.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: ST

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2331796
  • Tax Annual Amount: 2134.00
  • Assessor Parcel Number: 10-048.30-202
  • Tax Lot: 202
  • Tax Year: 2015

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2015
Closed on
Aug 30, 2016
Sold by
Cheryl E Scott
Bought by
Minhas Charanjeet
Seller's Agent
Michael Milligan
Century 21 Emerald
Buyer's Agent
Megan Johnston
BHHS Fox & Roach-Christiana
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Current Estimated Value
$422,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,459
Avg. Annual Appreciation
6.79%
Original Mortgage
$192,000
Outstanding Balance
$153,362
Interest Rate
3.43%
Estimated Equity
$269,711

Purchase Details

Closed on
Jun 30, 2010
Sold by
Reybold Venture Group Xi-C Llc
Bought by
Scott Cheryl E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,951
Interest Rate
5.5%
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
Minhas Charanjeet -- --
Scott Cheryl E $271,883 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minhas Charanjeet $192,000
Closed Minhas Charanjeet --
Previous Owner Scott Cheryl E $266,951
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2016 08/30/16 Sold $230,000 -3.7% $106 / Sq Ft
08/01/2016 08/01/16 Price Changed $238,900 0.0% $110 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
05/02/2016 05/02/16 Price Changed $238,900 0.0% $110 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
02/26/2016 02/26/16 Price Changed $238,900 -0.4% $110 / Sq Ft
02/20/2016 02/20/16 Price Changed $239,900 -2.1% $110 / Sq Ft
12/17/2015 12/17/15 Price Changed $245,000 -2.0% $113 / Sq Ft
10/22/2015 10/22/15 For Sale $250,000 0.0% $115 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $250,000 -- $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 $2,824 $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: 1001721835

Bright MLS

APN: 10-048.30-202