NOT LISTED FOR SALE

157 Cinnamon Way Magnolia, DE 19962

Estimated Value: $470,167 - $520,000

4 Beds
3 Baths
2,504 Sq Ft
$197/Sq Ft Est. Value

About This Home

This home is located at 157 Cinnamon Way, Magnolia, DE 19962 and is currently estimated at $492,292, approximately $196 per square foot. 157 Cinnamon Way is a home with nearby schools including Star Hill Elementary School, F. Niel Postlethwait Middle School, and Caesar Rodney High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2018
Sold by
The Reserve At Timberlake Llc
Bought by
Parsons Ray B and Parsons Elizabeth D
Current Estimated Value
$492,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,349
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2018
Sold by
Schiff Land Development Company Llc
Bought by
The Reserve At Timberlake Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Parsons Ray B $292,999 None Available
The Reserve At Timberlake Llc $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parson Elizabeth D $284,400
Closed Parsons Ray B $278,349
Previous Owner The Reserve At Timberlake Llc $2,000,000
Source: Public Records

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 $2,033 $403,700 $102,500 $301,200
2023 $1,882 $57,300 $4,400 $52,900
2022 $1,780 $57,300 $4,400 $52,900
2021 $1,739 $57,300 $4,400 $52,900
2020 $1,736 $57,300 $4,400 $52,900
2019 $590 $57,300 $4,400 $52,900
2018 $875 $4,400 $4,400 $0
2017 $8 $400 $0 $0
2016 $8 $400 $0 $0
2015 $7 $400 $0 $0
2014 $7 $400 $0 $0
Source: Public Records

Map

Delaware Kent County Magnolia 19962

157 Cinnamon Way, Magnolia, DE

This home is located at 157 Cinnamon Way, Magnolia, DE 19962 and is currently estimated at $492,292, approximately $196 per square foot. 157 Cinnamon Way is a home with nearby schools including Star Hill Elementary School, F. Niel Postlethwait Middle School, and Caesar Rodney High School.

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