NOT LISTED FOR SALE

1331 Peachtree Run Magnolia, DE 19962

Woodside East Neighborhood

Estimated Value: $90,000 - $253,074

3 Beds
1 Bath
1,200 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $51,000 $42 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $1,141/month

Highlights

  • Sun or Florida Room
  • No HOA
  • Living Room
  • Caesar Rodney High School Rated A-
  • Cottage
  • Forced Air Heating System

About This Home

As of December 2020

CASH OR RENOVATION FINANCING ONLY! Spacious ranch home in CR school district. Currently being used as a rental property but could be a cute personal home. With some elbow grease and loving touches, this diamond in the ruff will provide loads of sweat equity! There have been minor upgrades over the years and is currently tenant occupied. Perfect property for an investor looking to grow their portfolio or the financially savy home buyer looking for a property to make their own at a very affordable price. Managable 1/4 acre lot the backs to tree line which provides perfect privacy as well as nice shade. There is also a small storage shed which will convey for storage. This home is in decent condition however the seller is conveying in AS-IS where is condition which is reflected in the price. Inspections are for informational purposes only. Tenant has been provided 60 day notice to vacate but is willing to remain in place if an investor so chooses. Could make an excellent 203K opportunity too.

Last Agent to Sell the Property

Tonya Williams

(302) 399-1982 tdrgroup@hotmail.com Totally Distinctive Realty License #R1-0003148 Listed on: 09/18/2020

Last Buyer's Agent

Nik Patel

(302) 270-2917 npatel.trgde@kw.com Keller Williams Realty Central-Delaware License #344176

Keller Williams Realty Central-Delaware

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $412

Year Built

  • Built in 1950

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 60.00 x 140.00
  • Property is zoned RMH

Home Design

  • Cottage
  • Frame Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Cesspool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1700-000
  • Assessor Parcel Number NM-00-11102-02-1700-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$412

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: CASH OR RENOVATION FINANCING ONLY! Spacious ranch home in CR school district. Currently being used as a rental property but could be a cute personal home. With some elbow grease and loving touches, this diamond in the ruff will provide loads of sweat equity! There have been minor upgrades over the years and is currently tenant occupied. Perfect property for an investor looking to grow their portfolio or the financially savy home buyer looking for a property to make their own at a very affordable price. Managable 1/4 acre lot the backs to tree line which provides perfect privacy as well as nice shade. There is also a small storage shed which will convey for storage. This home is in decent condition however the seller is conveying in AS-IS where is condition which is reflected in the price. Inspections are for informational purposes only. Tenant has been provided 60 day notice to vacate but is willing to remain in place if an investor so chooses. Could make an excellent 203K opportunity too.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 1, Sun/Florida Room
  • Basement: No
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 46.67
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1331

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main 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: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Cess Pool
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CAESAR RODNEY
  • School District Key: 300200396889
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 60.00 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8400.00
  • Year Assessed: 2020
  • Zoning: RMH
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2466955
  • School Tax: 353.00
  • Tax Annual Amount: 412.00
  • Assessor Parcel Number: NM-00-11102-02-1700-000
  • Tax Lot: 1700-000
  • Tax Total Finished Sq Ft: 856
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/04/2020

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Dec 4, 2020
Sold by
Alexander Edward
Bought by
Kira Llc
Seller's Agent
Tonya Williams
Totally Distinctive Realty
Buyer's Agent
Nik Patel
Keller Williams Realty Central-Delaware
List Price
$56,000
Sold Price
$51,000
Premium/Discount to List
-$5,000
-8.93%
Current Estimated Value
$203,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,769
Avg. Annual Appreciation
33.06%
Source: Public Records

Range of Values:

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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
Kira Llc $51,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $51,000 0.0% $43 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/18/2020 09/18/20 Off Market $51,000 -- --
09/18/2020 09/18/20 For Sale $56,000 -- $47 / 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 $727 $184,000 $63,900 $120,100
2024 $727 $184,000 $63,900 $120,100
2023 $447 $17,700 $4,400 $13,300
2022 $422 $17,700 $4,400 $13,300
2021 $419 $17,700 $4,400 $13,300
2020 $424 $17,700 $4,400 $13,300
2019 $407 $17,700 $4,400 $13,300
2018 $393 $17,700 $4,400 $13,300
2017 $382 $17,700 $0 $0
2016 $374 $17,700 $0 $0
2015 $315 $17,700 $0 $0
2014 $314 $17,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tonya Williams

    Totally Distinctive Realty

    (302) 399-1982

    1 in this area

    71 Total Sales

    Tonya Williams
    Section Image
  • Nik Patel

    Buyer's Agent in 2020

    Nik Patel

    Keller Williams Realty Central-Delaware

    (302) 270-2917

    2 in this area

    127 Total Sales

    Nik Patel
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DEKT242022

Bright MLS

APN: 7-00-11102-02-1700-000

Delaware Kent County Magnolia 19962 Woodside East

1331 Peachtree Run, Magnolia, DE

This home is located at 1331 Peachtree Run, Magnolia, DE 19962 since 18 September 2020 and is currently estimated at $203,769, approximately $169 per square foot. This property was built in 1950. 1331 Peachtree Run is a home located in Kent County with nearby schools including Nellie Hughes Stokes Elementary School, Fred Fifer Middle School, and Caesar Rodney High School.

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