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2 Wellspring Drive

2 Wellspring Drive, Bear, DE 19701
Property in Kensington
Sold Jul 28, 2011
$240,000
$131,625 by Guaranty Bank F S B
Mortgage Due Aug 01, 2041
Sold Jun 24, 2004
$245,000
$251,750 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2034
Local assessors in Bear, DE have categorized 2 Wellspring Drive as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 6,534 square feet. The linear feet between the front and back of the lot was measured at 1,130 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2 Wellspring Drive has a total of 2,012 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2 Wellspring Drive was last sold in Jul 28, 2011 for $240,000. According to our calculations, that's $119.28 per sqft. Prior to that sales transaction, the property was sold for $245,000 in Jun 23, 2004. Current property owners are expected to pay $3,004 in taxes per year. The property on 2 Wellspring Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $70,200. To break that down further, the land itself was valued at $8,100. While improvements to the property were assessed at a total of $62,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,012
  • Gross Building Area: 2,012
  • Building Area: 2,012
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,012
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENSINGTON
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : HARDING MATTHEW J
  • Previous Owner : MALONEY JOHN E
  • Previous Owner 2: MALONEY SHEILA J
  • Owner Before Previous Owner: SMITH HARRY
  • Owner Before Previous Owner 2: SMITH DIANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Christina School District
  • School Tax School District: TRS3
  • Census Tract: 016301

Zoning

  • Zoning: NC6.5

Geography

  • Assessors Map Reference: 10-044
  • District: 10
  • Parcel: 10-044.10-089
  • Lot: 1
  • Municipality: NEW CASTLE HUNDRED
  • Latitude: 39.6293
  • Longitude: -75.6617

    Address

  • Full Address: 2 Wellspring Dr
  • Address - House Number: 2
  • Address - Street Name: Wellspring
  • Address - Suffix Type: Dr
  • State: DE
  • City Name: Bear
  • Carrier Code: R032
  • 4-Digit Zip Code: 1357
  • Zip Code: 19701

Valuation

    Tax

  • Total Area: 2,000
  • Tax Year: 2023
  • Tax Amount: $3,004
  • Tax Rate Code Area: LC06;TRS3;

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 73
  • Final Value: 407,865
  • High Value: 489,910
  • Low Value: 325,821

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $131,625
  • First Open Lien Mortgage Lender: GUARANTY BANK F S B
  • First Open Lien Mortgage Recording Date: Jul 28, 2011
  • First Open Lien Mortgage Loan Amount: $131,625
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2041

    Market Valuation

  • Market Total Value: $318,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,200
  • Assessed Land Value: $8,100
  • Assessed Improvements Value: $62,100

    Sales

  • Current Sale Contract Date: Jul 28, 2011
  • Current Sale Recording Date: Jul 28, 2011
  • Current Sale Transaction ID: 1066727629
  • Current Sale Price: $240,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20110728-0042293
  • Previous Sale Recording Date: Jun 24, 2004
  • Previous Sale Contract Date: Jun 23, 2004
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTY BANK F S B
  • First Mortgage Transaction Date: Jul 28, 2011
  • First Mortgage Loan Amount: $131,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 24, 2004
  • Previous Mortgage Loan Amount: $251,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2034

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Frequently Asked Questions

What neighborhood is 2 Wellspring Drive located in?
The 2 Wellspring Drive is a located in the neighborhood of Kensington in Kensington, Bear.
What is the average sales price for listings in 2 Wellspring Drive?
The average sales price for units in 2 Wellspring Drive is $0 currently.

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