NOT LISTED FOR SALE

11 S Main St Magnolia, DE 19962

Estimated Value: $96,000 - $343,036

3 Beds
1 Bath
1,693 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $80,000 $47 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $1,474/month

226 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • Oversized Parking
  • Allen Frear Elementary School Rated A
  • 2 Car Detached Garage
  • 90% Forced Air Heating System

About This Home

As of April 2024

Property had a fire in Kitchen Area. Structure is stable.
Properties located on South Main Street are zoned for Licensed SMALL Business in the Incorporated Town of Magnolia.
For Residential Redevelopers : Building information model (BIM) in .RVT and .DWG format, along with .e57 file that designers, architects, engineers, and construction professionals can use to jumpstart design projects or a can be imported into third-party programs (such as 3ds max, ReCap, Revit, or AutoCAD) are available.
8.5 KW Electric Solar System for whole house Electricity. This will save you Thousands of dollars a year.
Separate Solar System with electric backup for Hot Water Heater too.
Large Yard with 50 AMP Electric Hookup for a Camp Trailer.
Center of Magnolia near a Post Office, Bus Stop, Schools, Firehouse and Restaurants. Route 1 access to Beaches , Dover Air Force Base, Doctors or Casino.
Just needs remodeling to be a Loving Home Again or Small Business Store Front.

Last Listed By

Lisamarie Perez

Keller Williams Realty License #RS-0025402 Listed on: 07/27/2023

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $547

Year Built

  • Built in 1900

Lot Details

  • 9,216 Sq Ft Lot
  • Lot Dimensions are 50.00 x 191.00
  • Zoning described as Residential or Small Business

Parking

  • 2 Car Detached Garage
  • 3 Driveway Spaces
  • Oversized Parking

Home Design

  • A-Frame Home
  • Fixer Upper
  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,693 Sq Ft Home
  • Property has 2 Levels
  • Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Allen Frear Elementary School
  • F Neil Postlethwait Middle School
  • Caesar Rodney High School

Utilities

  • 90% Forced Air Heating System
  • Heating System Uses Oil
  • 60+ Gallon Tank

Community Details

  • No Home Owners Association
  • Magnolia Subdivision

Listing and Financial Details

  • Tax Lot 3300-000
  • Assessor Parcel Number SM-15-11310-01-3300-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$547

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Property had a fire in Kitchen Area. Structure is stable. Properties located on South Main Street are zoned for Licensed SMALL Business in the Incorporated Town of Magnolia. For Residential Redevelopers : Building information model (BIM) in .RVT and .DWG format, along with .e57 file that designers, architects, engineers, and construction professionals can use to jumpstart design projects or a can be imported into third-party programs (such as 3ds max, ReCap, Revit, or AutoCAD) are available. 8.5 KW Electric Solar System for whole house Electricity. This will save you Thousands of dollars a year. Separate Solar System with electric backup for Hot Water Heater too. Large Yard with 50 AMP Electric Hookup for a Camp Trailer. Center of Magnolia near a Post Office, Bus Stop, Schools, Firehouse and Restaurants. Route 1 access to Beaches , Dover Air Force Base, Doctors or Casino. Just needs remodeling to be a Loving Home Again or Small Business Store Front.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 1693
  • Living Area Sq Ft: 1693
  • Price Per Sq Ft: 59.07
  • Above Grade Finished Sq Ft: 1693
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Community

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAESAR RODNEY
  • Elementary School: ALLEN FREAR
  • Middle School: F NEIL POSTLETHWAIT
  • High School: CAESAR RODNEY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396889
  • School District Source: Listing Agent
  • Elementary School: ALLEN FREAR
  • High School: CAESAR RODNEY
  • Middle Or Junior School: F NEIL POSTLETHWAIT

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 50.00 x 191.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9216.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning Description: Residential or Small Business
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 404.00
  • Tax Annual Amount: 547.00
  • Assessor Parcel Number: SM-15-11310-01-3300-000
  • Tax Lot: 3300-000
  • Tax Total Finished Sq Ft: 1693
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/08/2024

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Mar 30, 2024
Sold by
Anello Joseph N
Bought by
R & B Joint Venture Lp
Seller's Agent
Lisamarie Perez
Keller Williams Realty
Buyer's Agent
Bekah Ford
Keller Williams Realty Central-Delaware
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Total Days on Market
226
Views
582
Current Estimated Value
$254,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,509
Avg. Annual Appreciation
194.94%

Purchase Details

Closed on
May 1, 1993
Bought by
Anello Joseph N

Range of Values:

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Average Value
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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
R & B Joint Venture Lp $80,000 None Listed On Document
Anello Joseph N $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anello Joseph N $65,000
Previous Owner Anello Jseph N $5,412
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $80,000 -20.0% $47 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $100,000 0.0% $59 / Sq Ft
01/20/2024 01/20/24 Off Market $100,000 -- --
01/03/2024 01/03/24 Price Changed $100,000 -37.5% $59 / Sq Ft
11/07/2023 11/07/23 For Sale $160,000 0.0% $95 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $160,000 -- $95 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $757 $191,600 $63,500 $128,100
2023 $315 $19,700 $5,000 $14,700
2022 $295 $19,700 $5,000 $14,700
2021 $478 $19,700 $5,000 $14,700
2020 $470 $19,700 $5,000 $14,700
2019 $452 $19,700 $5,000 $14,700
2018 $436 $19,700 $5,000 $14,700
2017 $424 $19,700 $0 $0
2016 $415 $19,700 $0 $0
2015 -- $19,700 $0 $0
2014 -- $19,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2021482

Bright MLS

APN: 8-15-11310-01-3300-000