NOT LISTED FOR SALE

12 W Walnut St Magnolia, DE 19962

Estimated Value: $265,000 - $305,743

0.13 Acre
$2,226,431 Price per Acre
5,639 Sq Ft Lot

Last Sold March 29, 2017

Last sale price $24,000 $14 Per Sq Ft

Est. 1,106% increase in value since last sale

Current estimated payment $1,631/month

Highlights

  • No HOA
  • Caesar Rodney High School Rated A-
  • En-Suite Primary Bedroom

About This Lot

As of March 2017

L-1192 Cleared lot in the Heart of Magnolia.

Last Agent to Sell the Property

Andy Whitescarve Whitescarver

(302) 242-5557 doverrealestate@aol.com RE/MAX Realty Group Rehoboth Listed on: 01/05/2017

Co-Listed By

RYAN VARGAS

(302) 535-5312 delawarerealtor5312@gmail.com RE/MAX Realty Group Rehoboth License #RS-0024032

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

RYAN VARGAS

(302) 535-5312 delawarerealtor5312@gmail.com RE/MAX Realty Group Rehoboth License #RS-0024032

RE/MAX Realty Group Rehoboth

Property Details

Property Type

  • Land

Lot Details

  • 5,639 Sq Ft Lot
  • Property is zoned AR

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Schools

  • W.B. Simpson Elementary School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1300-000
  • Assessor Parcel Number SM-15-11309-01-1300-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: L-1192 Cleared lot in the Heart of Magnolia.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 5.30
  • Street Number Modifier: 12

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CAESAR RODNEY
  • Elementary School: W.B. SIMPSON
  • School District Key: 300200396889
  • Elementary School: W.B. SIMPSON

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 51X104, LotWidth:51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5639.00
  • Zoning: AR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2480220
  • Tax Annual Amount: 387.00
  • Assessor Parcel Number: SM-15-11309-01-1300-000
  • Tax Lot: 1300-000
  • Tax Year: 2016
  • Close Date: 03/29/2017

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Timson Logan B
Bought by
Timson Logan B and Timson Jane M
Current Estimated Value
$289,436

Purchase Details

Listed on
Jan 5, 2017
Closed on
Mar 28, 2017
Sold by
Everbank
Bought by
Timson Logan R
Seller's Agent
Andy Whitescarve Whitescarver
RE/MAX Realty Group Rehoboth
Buyer's Agent
RYAN VARGAS
RE/MAX Realty Group Rehoboth
List Price
$29,900
Sold Price
$24,000
Premium/Discount to List
-$5,900
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.94%

Purchase Details

Closed on
Mar 10, 2014
Sold by
The Secretary Of Hsng & Urban Developmen
Bought by
Everbank

Purchase Details

Closed on
Sep 30, 2013
Sold by
Everbank
Bought by
The Secretary Of Hsng & Urban Developmen

Purchase Details

Closed on
Sep 12, 2013
Sold by
Rowe Christopher A and Rowe Jacquelyn R
Bought by
Everbank

Purchase Details

Closed on
Jan 29, 2008
Sold by
Rac Closing Services Llc
Bought by
Rowe Christopher A and Rowe Jacquelyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,784
Interest Rate
5.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2008
Sold by
Greene Robert J and Johnson Elizabeth A
Bought by
Rac Closing Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,784
Interest Rate
5.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2005
Sold by
Hollinger Rebecca A
Bought by
Hollinger Benjamin W

Purchase Details

Closed on
Feb 11, 2005
Sold by
Miclette Roland J
Bought by
Greene Robert J and Johnson Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Timson Logan B -- None Available
Timson Logan R $24,000 None Available
Everbank -- None Available
The Secretary Of Hsng & Urban Developmen -- None Available
Everbank $168,175 None Available
Rowe Christopher A $155,000 None Available
Rac Closing Services Llc $155,000 None Available
Hollinger Benjamin W -- None Available
Greene Robert J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rowe Christopher A $153,784
Previous Owner Greene Robert J $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2017 03/29/17 Sold $24,000 -19.7% $14 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $29,900 -- $17 / 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
2025 $1,161 $290,700 $60,100 $230,600
2024 $1,161 $290,700 $60,100 $230,600
2023 $1,058 $40,900 $3,900 $37,000
2022 $999 $40,900 $3,900 $37,000
2021 $991 $40,900 $3,900 $37,000
2020 $963 $40,900 $3,900 $37,000
2019 $925 $40,900 $3,900 $37,000
2018 $892 $40,900 $3,900 $37,000
2017 $94 $3,900 $0 $0
2016 $323 $15,800 $0 $0
2015 -- $15,800 $0 $0
2014 -- $15,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000055492

Bright MLS

APN: 8-15-11309-01-1300-000