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Sold for $540,000
  • $540,000

    116 Loretta Ln, Bear, DE 19701

    4beds
    4,000sqft
    Single Family Residence
    Built in 1987
    0.51 Acres Lot
    $545,300 Zestimate®
    $135/sqft
    $3,090 Estimated rent

    Home value

    $545,300

    $513,000 - $583,000

    $3,090/mo

    Zestimate® history
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    What's special

    Easy access to schoolsBrand new roofBeautiful wooded areaMajor transportation routes
    Welcome to this charming 4 bedroom, 2 1/2 bath colonial situated in the highly sought-after neighborhood of Caravel Farms. This home offers a picturesque setting, as it backs to a beautiful wooded area, providing both privacy and tranquility. As you enter, you'll immediately be greeted by the traditional appeal that this home exudes. The spacious living area boasts a seamless flow, making it perfect for both relaxing evenings with family and entertaining guests. Upstairs, you'll find four generously-sized bedrooms, each offering a comfortable retreat for rest and relaxation. The primary bedroom features an ensuite bathroom. The additional bedrooms share a well-appointed full bathroom, ensuring convenience for everyone in the household. One of the highlights of this property is the two-car garage, which offers dual access to the home. This feature not only provides convenience but also adds an extra layer of security and peace of mind. Step outside onto the back patio and you'll be captivated by the serene views of the surrounding trees. Imagine sipping your morning coffee or hosting summer cookouts in this idyllic outdoor space. With easy access to schools, shopping, dining, and major transportation routes, you'll enjoy the convenience of suburban living without sacrificing accessibility. Brand new roof, water heater and HVAC! Don't miss out on the opportunity to own this classic colonial in Caravel Farms. Schedule a viewing today and discover the perfect blend of comfort, style, and serenity that awaits you in this wonderful home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Annie Barker 443-309-5801,

    Integrity Real Estate

    Bought with:

    Eugene Lestardo, 0038116

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: DENC2048062MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    Basement
    • Description: Percent Finished: 80.0
    • Area: 950
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Dry Wall
    • Flooring: Carpet, Hardwood, Laminate, Vinyl, Other
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 4,000
    • Total interior livable area: 4,000 sqft
    • Finished area above ground: 3,050
    • Finished area below ground: 950

    Property

    Parking
    • Total spaces: 2
    • Parking features: Built In, Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 0.51 Acres
    • Dimensions: 130.00 x 170.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 11027.00113
    • Zoning: NC21
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick, Vinyl Siding, Aluminum Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition,Asphalt
    Condition
    • Excellent
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Caravel Farms
    HOA
    • Has HOA: No
    Location
    • Region: Bear

    Financial & listing details

    • Price per square foot: $135/sqft
    • Tax assessed value: $125,400
    • Annual tax amount: $5,181
    • Date on market: 9/2/2023
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,VA Loan,FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/10/2023Sold$540,000-1.8%$135/sqft
    Source: Bright MLS #DENC2048062 Report a problem
    9/6/2023Pending sale$549,900$137/sqft
    Source: Bright MLS #DENC2048062 Report a problem
    9/2/2023Listed for sale$549,900+110.5%$137/sqft
    Source: Bright MLS #DENC2048062 Report a problem
    5/9/2019Sold$261,250$65/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $540,800 +331.3%
    2024$5,340 +2.8%$125,400
    2023$5,193 +0.2%$125,400
    2022$5,181 +2.2%$125,400
    2021$5,072 +2.7%$125,400
    2020$4,940 +13.2%$125,400
    2019$4,366 -16.3%$125,400
    2017$5,216 +45.3%$125,400
    2016$3,590 $125,400
    2015$3,590 -3.6%$125,400
    2014$3,726 $125,400
    2013-- $125,400
    2012-- $125,400
    2011-- $125,400
    2010-- $125,400
    2009-- $125,400
    2008-- $125,400
    2007-- $125,400
    2006-- $125,400
    2005-- $125,400
    2004-- $125,400
    2003-- $125,400
    2002-- $125,400
    2001-- $125,400
    Find assessor info on the county website

    Neighborhood: 19701

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Christina

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $545,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $545,300