NOT LISTED FOR SALE

741 Observatory Dr Bear, DE 19701

Estimated Value: $439,040 - $470,000

3 Beds
4 Baths
2,500 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $295,000 $118 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,457/month

47 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Breakfast Area or Nook
  • Contemporary Architecture
  • Community Pool
  • Butlers Pantry

About This Home

As of July 2018

Certified Energy Star end unit contemporary home located on a premium lot with upgrades galore. Experience the designer look and feel of the property upon entering. Enter this remarkable home from the cozy family room. The lower level has an oversized garage, half bath & laundry room. Oak stairs lead you to the 2nd level which is the main attraction. You will be in awe when you arrive on the 2nd level which features an open floor plan, hardwood flooring, 9" ceilings, decorative columns in the dining room with custom 3D wall panels. Enjoy meals in the gourmet kitchen which is suitable for a chef. Notable kitchen amenities are breakfast area, 30" inch wood cabinets, granite counters, island with breakfast bar, stainless steel appliances, double bowl sink & recessed lights. Entertain guests in the living room with the gas fireplace & custom benches which include storage. Retreat to your spacious master bedroom located on the 3rd level. There is a 4-piece luxury master bath which includes his & her sinks, soaking tub with jets & tile surround. The Container Store custom-built shelves are in the master closet, 3rd bedroom & garage. There are Hunter Douglas electric shades in the master bath & family room. There are two additional bedrooms on the 3rd level along with stain-resistant upgraded carpet pad throughout the top level. The half bathrooms include oak cabinets with cultured marble vanity tops. There are pedestal sinks with oval mirrors in both powder rooms. Water saving, elongated toilets in each bath with a dual flush water saver. Systems include an energy-efficient 80-gallon Bradford water heater & high efficiency HVAC system. Enjoy barbeques on the maintenance free deck. No, the home has not been staged, this is how the home owners live. Community features a pool, clubhouse, gym, playground & a baseball & soccer field. Schedule a tour of this fine home, fall in love & make an offer!

Last Agent to Sell the Property

Dawn Wilson

(302) 566-7215 wesell@teamsordelet.com Real Broker, LLC License #RS-306872 Listed on: 03/29/2018

Last Buyer's Agent

Rajesh Veeragandham

(855) 687-2765 info@brokersrealtygroup.com Brokers Realty Group, LLC License #RS0022361

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 2012

Lot Details

  • 3,485 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Laundry on lower level

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Deck

Listing and Financial Details

  • Tax Lot 208
  • Assessor Parcel Number 10-048.30-208

Community Details

Overview

  • Association fees include pool(s), common area maintenance, lawn maintenance, snow removal, trash
  • Built by REYBOLD
  • Meridian Crossing Subdivision, Coronado Floorplan

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,575

Year Built

Built in 2012

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), Stall Shower, Breakfast Area
  • Window Features: Energy Efficient
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Living Room
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Net Sq Ft: 2500.00
  • Price Per Sq Ft: 123.96
  • Above Grade Finished Sq Ft: 2500
  • 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, Stone
  • 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
  • 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
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 57.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: ST

Green Features

  • Green Remarks: Energy Star HomeCert

Building Info

  • Builder Name: REYBOLD

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2575.00
  • Assessor Parcel Number: 10-048.30-208
  • Tax Lot: 208
  • Tax Year: 2017

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jul 12, 2018
Sold by
Simpson David Thomas and Simpson Tori Lynn
Bought by
Margabandu Omprakash
Seller's Agent
Dawn Wilson
Real Broker, LLC
Buyer's Agent
Rajesh Veeragandham
Brokers Realty Group, LLC
List Price
$329,900
Sold Price
$295,000
Premium/Discount to List
-$34,900
-10.58%
Current Estimated Value
$449,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,371
Avg. Annual Appreciation
5.88%
Original Mortgage
$232,000
Outstanding Balance
$201,063
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$252,947

Purchase Details

Closed on
Mar 30, 2012
Sold by
Reybold Venture Group Xi C Llc
Bought by
Simpson David Thomas and Simpson Tori Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,059
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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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
Margabandu Omprakash -- None Available
Simpson David Thomas $314,020 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margabandu Omprakash $232,000
Previous Owner Simpson David Thomas $306,059
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2018 07/12/18 Sold $295,000 -4.8% $118 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
05/10/2018 05/10/18 Price Changed $309,900 -6.1% $124 / Sq Ft
03/29/2018 03/29/18 For Sale $329,900 -- $132 / Sq Ft
Source: Bright MLS

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 $767 $88,200 $6,100 $82,100
2023 $401 $88,200 $6,100 $82,100
2022 $2,920 $88,200 $6,100 $82,100
2021 $718 $88,200 $6,100 $82,100
2020 $937 $88,200 $6,100 $82,100
2019 $2,086 $88,200 $6,100 $82,100
2018 $2,890 $88,200 $6,100 $82,100
2017 $2,707 $88,200 $6,100 $82,100
2016 $2,413 $88,200 $6,100 $82,100
2015 $2,413 $88,200 $6,100 $82,100
2014 $2,426 $88,200 $6,100 $82,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000325158

Bright MLS

APN: 10-048.30-208