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48 Forsythia Lane

48 Forsythia Lane, Bear, DE 19701
Property in Brennan Estates
Sold Jun 10, 2015
$217,875
$275,950 by Pentagon Fcu
Mortgage Due Jun 01, 2045
Sold Apr 28, 2005
$287,900
$172,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2035
Local assessors in Bear, DE have categorized 48 Forsythia Lane as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 11,326 square feet. The linear feet between the front and back of the lot was measured at 1,620 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 contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 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 48 Forsythia Lane has a total of 1,478 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. 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, 48 Forsythia Lane was last sold in May 22, 2015 for $217,875. According to our calculations, that's $147.41 per sqft. Prior to that sales transaction, the property was sold for $287,900 in Apr 28, 2005. Current property owners are expected to pay $2,685 in taxes per year. The property on 48 Forsythia Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,500. To break that down further, the land itself was valued at $12,200. While improvements to the property were assessed at a total of $63,300. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Contemporary
  • 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: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,478
  • Gross Building Area: 1,478
  • Building Area: 1,478
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,478
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRENNAN ESTATES
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : BRAHMAPURKER SATYAN LAXMIKANT
  • Previous Owner : RUSSO JASON M
  • Previous Owner 2: RUSSO ANN G
  • Owner Before Previous Owner: FOUNDS DAVID A
  • Owner Before Previous Owner 2: FOUNDS CHERYL A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Appoquinimink School District
  • School Tax School District: TRS5
  • Census Tract: 014811

Zoning

  • Zoning: NC6.5

Geography

  • Assessors Map Reference: 11-047
  • District: 11
  • Parcel: 11-047.10-055
  • Lot: 232
  • Municipality: PENCADER HUNDRED
  • Latitude: 39.5628
  • Longitude: -75.7415

    Address

  • Full Address: 48 Forsythia Ln
  • Address - House Number: 48
  • Address - Street Name: Forsythia
  • Address - Suffix Type: Ln
  • State: DE
  • City Name: Bear
  • Carrier Code: R020
  • 4-Digit Zip Code: 6304
  • Zip Code: 19701

Valuation

    Tax

  • Total Area: 2,450
  • Tax Year: 2023
  • Tax Amount: $2,685
  • Tax Rate Code Area: LC06;TCZN;

    Appraisal Valuation

  • Standard Deviation: 0.165
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 79
  • Final Value: 460,245
  • High Value: 536,216
  • Low Value: 384,275

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $425,950
  • First Open Lien Mortgage Lender: PENTAGON FCU
  • First Open Lien Mortgage Recording Date: Jun 10, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $275,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2045
  • Second Open Lien Mortgage Lender: ALLEGACY FCU
  • Second Open Lien Mortgage Recording Date: Sep 10, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $367,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,500
  • Assessed Land Value: $12,200
  • Assessed Improvements Value: $63,300

    Sales

  • Current Sale Contract Date: May 22, 2015
  • Current Sale Recording Date: Jun 10, 2015
  • Current Sale Transaction ID: 1273496203
  • Current Sale Price: $217,875
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015-0028236
  • Previous Sale Recording Date: Apr 28, 2005
  • Previous Sale Contract Date: Apr 28, 2005
  • Previous Sale Amount: $287,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENTAGON FCU
  • First Mortgage Transaction Date: Jun 10, 2015
  • First Mortgage Loan Amount: $275,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 28, 2005
  • Previous Mortgage Loan Amount: $172,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: May 01, 2035

About Brennan Estates



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Frequently Asked Questions

What neighborhood is 48 Forsythia Lane located in?
The 48 Forsythia Lane is a located in the neighborhood of Brennan Estates in Brennan Estates, Bear.
What is the average sales price for listings in 48 Forsythia Lane?
The average sales price for units in 48 Forsythia Lane is $0 currently.

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