NOT LISTED FOR SALE

18262 Magnolia Ln Lewes, DE 19958

Estimated Value: $471,270 - $496,000

2 Beds
2 Baths
1,420 Sq Ft
$342/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $315,000 $222 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,737/month

Highlights

  • Rambler Architecture
  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System
  • Love Creek Elementary School Rated A
  • 2 Car Attached Garage

About This Home

As of January 2020

Recently remodeled home located just off route 1 in Lewes! Major upgrades have taken place over the past few years, with a complete overhaul to the kitchen and master bedroom suite. The main area of the home is lined with hardwood floors and a fresh coat of paint. The kitchen features bright white cabinets, granite counters, stainless appliances, a large island for entertainment, and a built in storage and wine bar. Off of the kitchen in a sunroom with a brand new HVAC unit adding additional entertainment space and access to the rear patio and large back yard. The master bedroom suite is absolutely stunning with dual sinks, a walk in tile shower with rainfall shower head, tile floors, and custom lighting and fixtures. A second bedroom and full bathroom is great for guests. Outside features a side load garage, a large backyard with extensive privacy landscaping, and a patio. A very low HOA fee and close proximity to shopping and the beaches makes this a deal you don't want to miss!

Last Agent to Sell the Property

Jaime Hurlock

Long & Foster Real Estate, Inc. License #RA-0030979 Listed on: 12/01/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Joshua Rash

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Joshua Rash

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $839

Year Built

  • Built in 1997

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 93.00 x 150.00
  • Property is zoned MR

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,420 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Water Heater

Community Details

  • Sandy Brae Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 334-06.00-657.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$839

Year Built

Built in 1997

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1997
  • Remarks Public: Recently remodeled home located just off route 1 in Lewes! Major upgrades have taken place over the past few years, with a complete overhaul to the kitchen and master bedroom suite. The main area of the home is lined with hardwood floors and a fresh coat of paint. The kitchen features bright white cabinets, granite counters, stainless appliances, a large island for entertainment, and a built in storage and wine bar. Off of the kitchen in a sunroom with a brand new HVAC unit adding additional entertainment space and access to the rear patio and large back yard. The master bedroom suite is absolutely stunning with dual sinks, a walk in tile shower with rainfall shower head, tile floors, and custom lighting and fixtures. A second bedroom and full bathroom is great for guests. Outside features a side load garage, a large backyard with extensive privacy landscaping, and a patio. A very low HOA fee and close proximity to shopping and the beaches makes this a deal you don't want to miss!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1420
  • Living Area Sq Ft: 1420
  • Price Per Sq Ft: 228.87
  • Above Grade Finished Sq Ft: 1420
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18262

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • 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: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.32
  • Lot Dimensions: 93.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13939.00
  • Year Assessed: 2019
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5210331
  • School Tax: 760.00
  • Tax Annual Amount: 839.00
  • Assessor Parcel Number: 334-06.00-657.00
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 01/17/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2013
Closed on
Dec 27, 2013
Sold by
Lasky Christina
Bought by
Smith Cody
Seller's Agent
LINDA BOOK
Coldwell Banker Resort Realty - Rehoboth
Buyer's Agent
April Irelan
Jack Lingo - Lewes
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$485,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,068
Avg. Annual Appreciation
6.84%
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
Smith Cody $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borrero Alexander J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $315,000 -3.1% $222 / Sq Ft
12/01/2019 12/01/19 For Sale $325,000 +54.8% $229 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
01/03/2014 01/03/14 Sold $210,000 0.0% $208 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
10/17/2013 10/17/13 For Sale $210,000 -- $208 / 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 $880 $17,850 $3,000 $14,850
2023 $879 $17,850 $3,000 $14,850
2022 $848 $17,850 $3,000 $14,850
2021 $841 $17,850 $3,000 $14,850
2020 $838 $17,850 $3,000 $14,850
2019 $839 $17,850 $3,000 $14,850
2018 $784 $17,850 $0 $0
2017 $751 $17,850 $0 $0
2016 $635 $15,900 $0 $0
2015 $607 $15,900 $0 $0
2014 $602 $15,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU152278

Bright MLS

APN: 334-06.00-657.00