186 Sabbe St Magnolia, DE 19962
Estimated Value: $506,000 - $536,094
4
Beds
2.5
Baths
3,403
Sq Ft
$153/Sq Ft
Est. Value
About This Home
As of June 2017Fantastic Quick Delivery! Another gorgeous home built by K. Hovnanian in the popular community of The Reserves at Chestnut Ridge. The traditional foyer is open to the living room & dining room, creating an expansive open space at the front of the home. The back of the home impresses with a huge island kitchen & breakfast area opening into a 2-story great room with overlook from above. Upstairs you will appreciate the one of a kind owner's suite with its magnificent bedroom, luxurious garden bath & room-sized walk-in closet. A full basement with finished rec room and 3 piece bathroom rough in and a library on the main floor complete this home. Options included in the ready to move into home included Stainless Steel Appliances, extra recessed lights, Ceiling Fan pre-wires. Check out the new clubhouse with exercise room, billiard room and pool. Don't miss out on owning a home in this popular community close to all major routes and Dover Air Force Base. The Reserves at Chestnut Ridge single family value starts with great location in the small town of Magnolia, just South of Dover and only 35 minutes away from Delaware's famous beach resorts. The best-selling community plan includes recreation and High Performance? energy efficiency, featuring a 90% efficient furnace, Low-E windows, 15 SEER AC, R-49 attic insulation and high efficiency CFL light bulbs. Welcome to Chestnut Ridge, where you can expect more! More space, since over 1/3 of the 107 acre site will be preserved as open, so you can expect homes backing to views of landscaped meadows. More amenities, with two pools, a fitness center, future walking trails and tennis court, and spacious clubhouse. We offer more home options and styles for every lifestyle, with ranch and two story home styles to choose from. Floor plans range from very open to more formal and traditional. More included features too---every home includes a basement and garage! At The Reserves at Chestnut Ridge, you will enjoy a small town neighborhood setting and still be close to shopping on Rt. 13 and travel on Rt. 1. Come see why so many homeowners have already chosen The Reserves at Chestnut Ridge by Hovnanian. ***Photos are of the model home**** This home is built ***
Last Agent to Sell the Property
William Sladek
Redfin Corporation License #RS-0017340 Listed on: 05/11/2017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2017
Closed on
Jun 21, 2017
Sold by
K Hovnanian Homes Of Delaware Llc
Bought by
Miller Yvette and Miller Andrea A
Seller's Agent
William Sladek
Redfin Corporation
Buyer's Agent
Crystal Graham
Patterson-Schwartz-Middletown
List Price
$314,990
Sold Price
$281,889
Premium/Discount to List
-$33,101
-10.51%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,885
Avg. Annual Appreciation
7.97%
Original Mortgage
$276,782
Outstanding Balance
$236,313
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$284,461
Purchase Details
Closed on
Nov 14, 2016
Sold by
Schiff Land Development Company Llc
Bought by
K Hovnanian Homes Of Delaware Llc
Similar Homes in Magnolia, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miller Yvette | $281,899 | None Available | |
| K Hovnanian Homes Of Delaware Llc | $50,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miller Yvette | $276,782 | |
| Previous Owner | K Hovnanian Homes Of Delaware Llc | $75,000,000 | |
| Previous Owner | K Hovnanian Homes Of Delaware Llc | $577,000,000 | |
| Previous Owner | K Hovnanian Homes Of Delaware Llc | $220,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2017 06/23/17 | Sold | $281,889 | -10.5% | $83 / Sq Ft |
| 05/12/2017 05/12/17 | For Sale | $314,990 | +11.7% | $93 / Sq Ft |
| 05/12/2017 05/12/17 | Off Market | $281,889 | -- | -- |
| 05/11/2017 05/11/17 | For Sale | $314,990 | -- | $93 / Sq Ft |
| 05/11/2017 05/11/17 | Pending | -- | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,162 | $436,300 | $103,000 | $333,300 |
| 2023 | $2,105 | $66,100 | $4,400 | $61,700 |
| 2022 | $1,990 | $66,100 | $4,400 | $61,700 |
| 2021 | $1,940 | $65,800 | $4,400 | $61,400 |
| 2020 | $1,933 | $65,800 | $4,400 | $61,400 |
| 2019 | $1,854 | $65,800 | $4,400 | $61,400 |
| 2018 | $1,807 | $65,800 | $4,400 | $61,400 |
| 2017 | $1,455 | $65,800 | $0 | $0 |
| 2016 | $8 | $400 | $0 | $0 |
| 2015 | $7 | $400 | $0 | $0 |
| 2014 | $7 | $400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2017
William Sladek
Redfin Corporation
(302) 494-8100
-
Crystal Graham
Buyer's Agent in 2017
Crystal Graham
Patterson Schwartz
(302) 203-8293
21 Total Sales
Map
Source: Bright MLS
MLS Number: 1000057306
APN: 7-00-11203-08-9000-000
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