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$674,900

Beds
7
Baths
4.0
sq ft
4,000

2304 Porter Rd, Bear, DE 19701

2304 Porter Rd

BEAR, DE 19701

  • 189 days on market
    • Price drop $10,000↓
*Seller is motivated, please bring all reasonable offers!* Welcome to this unique property in Bear, DE! Situated on a spacious 1.60-acre lot, this listing offers not one, but two homes connected by a breezeway. The main home is a charming 4 bedroom, 2 bathroom Cape Cod style residence, boasting a comfortable 1.5 levels/stories for added privacy and convenience. In addition, there is a second home, built as an addition in 2012, which provides even more possibilities. This beautifully designed ranch style home features 3 bedrooms and 2 bathrooms, offering ample space for multi-generational living or an exciting investment opportunity. As you step inside the main home, you'll appreciate the welcoming atmosphere, with its cozy Cape Cod style. The cooling is taken care of by the central A/C system, ensuring comfort during warmer months. For heating, enjoy the efficiency of 90% forced air and baseboard electric heating and a wood burning fireplace. Next step into the Ranch home, with it 3 bedrooms and 2.0 bathrooms, this property offers ample space for comfortable living. Step inside and admire the practical layout, perfectly accommodating one-level living. The interior boasts a variety of desirable features, including a convenient garden tub in a primary suite. Whether you're looking to relax after a long day or enjoy a spa-like experience, the garden tub offers a serene retreat right in the comfort of your own home. These home also offer central A/C for those warm summer days, ensuring a cool and comfortable living environment year-round. The heating system includes both 90% forced air and baseboard-electric options, providing flexibility and efficiency. The exterior of the property is complemented by useful outbuildings, providing valuable storage space or potential for a workshop or studio. The possibilities are endless with these additional structures. These homes are being sold "As Is," the seller will not make any repairs, offering a unique opportunity for buyers to make this property their own. Located in the sought-after area of Bear, this property offers both tranquility and accessibility. With its distinctive Cape Cod style and Ranch style homes, multiple living spaces, and abundant land, this property is truly a gem. Don't miss out on this incredible opportunity for multi-generational living or investment potential- schedule your showing today! Note: Property is fenced, however, seller does not own the fencing on the right side of the driveway. Per seller, fencing is reasonably accurate marker of the property line, however buyer is to do their own due dilligence.

Details

Property type

Single Family Residence

Est. home value

$594,862

Lot size

1.6 acres

Price per sq ft

$169

Year built

1990

Annual property taxes

$3,512

HOA

No

Price History

09/18/2024
Bright

Bright #DENC2061350

Price change
$674,900
-1.46%
08/21/2024
Bright

Bright #DENC2061350

Price change
$684,900
-1.44%
07/17/2024
Bright

Bright #DENC2061350

Price change
$694,900
-1.42%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CHRISTINA

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$521,690
Asking price
$674,900
Closing costs (~8% of asking)
-$53,992
Est. remaining loan balance
-$99,218
Cash to seller
$521,690

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Horizon Home Loan Corp

Loan start date

August 2004

Original loan amount

$186,000

Est. remaining balance

$99,218

Interest rate

6%

Loan type

Not Provided, 30 year

Seller

Margaret Mullen and Edward P Mullen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 4:45 AM

Listing updated: 09/19/2024 at 9:56 PM

Listed by: Yuliana Alex Goldin Dunn, Patterson-Schwartz-Middletown Phone #: (302) 285-5100

MLS: Bright #DENC2061350

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