NOT LISTED FOR SALE

179 Olde Field Dr Magnolia, DE 19962

Estimated Value: $419,200 - $480,000

4 Beds
3 Baths
1,906 Sq Ft
$236/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $435,000 $228 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,638/month

59 Days on Market

Highlights

  • Open Floorplan
  • Rambler Architecture
  • Bonus Room
  • Caesar Rodney High School Rated A-
  • Main Floor Bedroom
  • Workshop

About This Home

As of February 2024

Immaculately maintained 3 YEARS YOUNG 3 bed, 3 bath rancher with a full basement - in desirable Caesar Rodney school district!! This pristine home boasts an open floor plan with massive great room adjoining the updated kitchen featuring gorgeous granite countertops and stainless appliances, island with breakfast bar and separate formal dining area, and a spacious primary bedroom with en suite and walk-in closet! You'll enter into an open foyer with guest bedrooms on either side of the main bath, then head into the main living area that has been meticulously maintained since constructed, where you can head out onto your spacious composite deck in the rear...Don't worry about the sun being too bright - the remote controlled awning is perfect for shading while taking your morning coffee or for evening cookouts! Downstairs, you'll find tons of finished space that can be used as a 4th bedroom in-law suite or however you wish to use the extra space - featuring a spacious workshop for all of your hobby needs, a finished flex room area, full bath and unfinished area for storage, along with a rec room with amazing bumper pool table included! Head outside from there up the oversized walkup stairs to the back yard where you can pick up the open space walking trail to Olde Field's common area with gazebo! Centrally located and just a short ride to Delaware's beaches and just minutes from Route 1, this home has it all!

Last Agent to Sell the Property

Tyler Anaya

SVN |Miller Commercial Real Estate License #RS-0039690 Listed on: 11/09/2023

SVN |Miller Commercial Real Estate

Last Buyer's Agent

Dustin Oldfather

Compass License #RS-0017091

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,665

Year Built

  • Built in 2020

Lot Details

  • 10,226 Sq Ft Lot
  • Lot Dimensions are 104.43 x 115.07
  • Rural Setting
  • Northwest Facing Home
  • Property is in excellent condition
  • Property is zoned AC, Agricultural Conservation

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Poured Concrete
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,906 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Bonus Room
  • Workshop
  • Laundry on main level

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Partially Finished Basement

  • Walk-Up Access
  • Exterior Basement Entry
  • Workshop

Schools

  • Magnolia Middle School
  • Caesar Rodney High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2700-000
  • Assessor Parcel Number SM-00-12101-02-2700-000

Community Details

Overview

  • Association fees include common area maintenance, snow removal
  • Built by Timberlake
  • Olde Field Village Subdivision

Recreation

  • Volleyball Courts
  • Community Playground
  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,665

Year Built

Built in 2020

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Washer and Dryer NOT included
  • Historic: No
  • Inclusions: Stainless appliance package, including Range w/oven, Built-in Microwave, Refrigerator w/Icemaker, Disposal, and Dishwasher; Bumper Pool Table in Basement; Wall-Mounted Flat Screen TV & Bracket (1); Most Furniture Negotiable (with exception of Master Bedro
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-11-09
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Stainless Steel Appliances, Refrigerator, Water Heater
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Pantry, Window Treatments
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Office, Workshop, Bonus Room
  • Basement: Yes
  • Basement Type: Partially Finished, Outside Entrance, Walkout Stairs, Workshop, Poured Concrete
  • Basement Finished Percent: 50.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 1906
  • Living Area Sq Ft: 1906
  • Price Per Sq Ft: 230.85
  • Above Grade Finished Sq Ft: 1906
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 179

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Shingle
  • 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
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 322.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Broadband

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Volleyball Courts, Tot Lots/Playground, Non-Lake Recreational Area
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAESAR RODNEY
  • Middle School: MAGNOLIA
  • High School: CAESAR RODNEY
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 300200396889
  • School District Source: 3rd Party
  • High School: CAESAR RODNEY
  • Middle Or Junior School: MAGNOLIA

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Rural
  • Lot Size Acres: 0.23
  • Lot Dimensions: 104.43 x 115.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10226.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: AC
  • Zoning Description: Agricultural Conservation
  • In City Limits: No

Building Info

  • Builder Name: Timberlake

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1101.73
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1665.14
  • Assessor Parcel Number: SM-00-12101-02-2700-000
  • Tax Lot: 2700-000
  • Tax Total Finished Sq Ft: 1906
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/23/2024

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Feb 23, 2024
Sold by
Ormrod John C and Ormrod Frances A
Bought by
Borrelli Cynthia
Seller's Agent
Tyler Anaya
SVN |Miller Commercial Real Estate
Buyer's Agent
Dustin Oldfather
Compass
List Price
$440,000
Sold Price
$435,000
Premium/Discount to List
-$5,000
-1.14%
Views
435
Current Estimated Value
$449,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,300
Avg. Annual Appreciation
2.00%
Original Mortgage
$348,000
Outstanding Balance
$342,518
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$105,588

Purchase Details

Closed on
Jul 24, 2020
Sold by
Olde Field Timberlake Llc
Bought by
Ormrod John C and Ormrod Frances A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2020
Sold by
Delaware Investments Llc
Bought by
Olde Field 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
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2017
Sold by
Delaware Investments Llc
Bought by
Olde Field Timberlake Llc
Source: Public Records

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
Borrelli Cynthia $435,000 None Listed On Document
Ormrod John C $283,755 None Available
Olde Field Timberlake Llc $204,000 None Available
Olde Field Timberlake Llc $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borrelli Cynthia $348,000
Previous Owner Ormrod John C $100,000
Previous Owner Olde Field Timberlake Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $435,000 -1.1% $228 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
11/09/2023 11/09/23 For Sale $440,000 0.0% $231 / Sq Ft
11/07/2023 11/07/23 Price Changed $440,000 -- $231 / 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 $1,981 $405,500 $80,300 $325,200
2023 $1,665 $50,500 $5,300 $45,200
2022 $1,575 $50,500 $5,300 $45,200
2021 $732 $50,200 $5,300 $44,900
2020 $160 $5,300 $5,300 $0
2019 $11 $500 $500 $0
2018 $11 $500 $500 $0
2017 $10 $500 $0 $0
2016 $10 $500 $0 $0
2015 -- $500 $0 $0
2014 -- $500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2023882

Bright MLS

APN: 8-00-12101-02-2700-000