NOT LISTED FOR SALE

203 Magnolia Dr Millsboro, DE 19966

Estimated Value: $245,493 - $271,000

2 Beds
2 Baths
1,100 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $253,000 $230 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,445/month

10 Days on Market

Highlights

  • Open Floorplan
  • Sun or Florida Room
  • Breakfast Area or Nook
  • Main Floor Bedroom
  • Den
  • Family Room Off Kitchen

About This Home

As of April 2024

Discover a true gem just 10 miles from the Delaware beaches! Under 300k close to shopping and beaches.
This semi-detached home boasts 2 bedrooms, 2 baths, and bonus rooms. Featuring luxury vinyl flooring, fresh paint, stainless steel appliances, a newer HVAC, Hot Water heater, and the roof is only a few years old. This spacious home offers ample storage with pull-down stairs to the attic. Plus an outdoor closet in back of home. for beach equipment or yard games. Enjoy the outdoors with a completely enclosed fence yard. The seller spared no expense in making this home shine, even completing a home inspection.

Last Agent to Sell the Property

Mary Rice

(410) 726-4984 mary.rice@evrealestate.com Engel & Völkers Ocean City License #668004 Listed on: 02/15/2024

Engel & Völkers Ocean City

Last Buyer's Agent

Emily Williams

(302) 893-4503 emily@donwilliamsgroup.com Keller Williams Realty License #RS-0020724

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $564

Year Built

  • Built in 1991 | Remodeled in 2021

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 42.00 x 118.00
  • Property is Fully Fenced
  • Privacy Fence
  • Vinyl Fence
  • Property is in excellent condition

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Semi-Detached or Twin Home
  • Bungalow
  • Slab Foundation
  • Pitched Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Eco-Friendly Details

  • Energy-Efficient Appliances
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Urban Location

Community Details

  • $1,000 Capital Contribution Fee
  • Association fees include road maintenance, reserve funds, security gate, snow removal
  • Magnolia Meadows HOA
  • Magnolia Meadows Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 133-17.00-81.00

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$564

Year Built

Built in 1991 | Remodeled in 2021

Lot Details

0

HOA Fees

$33 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: all furnishing
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-15
  • Federal Flood Zone: No
  • Year Built: 1991
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Discover a true gem just 10 miles from the Delaware beaches! Under 300k close to shopping and beaches. This semi-detached home boasts 2 bedrooms, 2 baths, and bonus rooms. Featuring luxury vinyl flooring, fresh paint, stainless steel appliances, a newer HVAC, Hot Water heater, and the roof is only a few years old. This spacious home offers ample storage with pull-down stairs to the attic. Plus an outdoor closet in back of home. for beach equipment or yard games. Enjoy the outdoors with a completely enclosed fence yard. The seller spared no expense in making this home shine, even completing a home inspection.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Energy Efficient Appliances
  • Flooring Type: Laminate Plank
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Pantry, Tub Shower, Window Treatments
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Kitchen, Den, Bedroom 1, Sun/Florida Room, Laundry, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 231.82
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 203

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: Block, Combination
  • Exterior Features: Exterior Lighting, Gutter System, Secure Storage
  • Roof: Pitched
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Energy Star Heating System
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Reserve Funds, Security Gate, Snow Removal
  • HOA Name: MAGNOLIA MEADOWS
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Fencing: Fully, Privacy, Vinyl
  • Land Use Code: 999
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Dimensions: 42.00 x 118.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: TN
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 503.00
  • Tax Annual Amount: 564.00
  • Assessor Parcel Number: 133-17.00-81.00
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1020
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/12/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 12, 2024
Sold by
Persolio Melody J
Bought by
Berkenbush David A
Seller's Agent
Mary Rice
Engel & Völkers Ocean City
Buyer's Agent
Emily Williams
Keller Williams Realty
List Price
$255,000
Sold Price
$253,000
Premium/Discount to List
-$2,000
-0.78%
Views
196
Current Estimated Value
$257,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,623
Avg. Annual Appreciation
1.25%
Original Mortgage
$107,000
Outstanding Balance
$105,401
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$152,222

Purchase Details

Listed on
Sep 19, 2018
Closed on
Nov 9, 2018
Sold by
Glenn Thomas E
Bought by
Persolio Melody J
Seller's Agent
Jennifer Riley
INDIAN RIVER LAND CO
Buyer's Agent
RACHAEL CAREY
Iron Valley Real Estate at The Beach
List Price
$149,995
Sold Price
$144,995
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$146,459
Interest Rate
4.9%
Mortgage Type
New Conventional
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
Berkenbush David A $253,000 None Listed On Document
Persolio Melody J $144,995 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berkenbush David A $107,000
Previous Owner Persolio Melody J $146,459
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2024 04/12/24 Sold $253,000 -0.8% $230 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $255,000 +75.9% $232 / Sq Ft
11/09/2018 11/09/18 Sold $144,995 -3.3% $142 / Sq Ft View Prior Sale
10/01/2018 10/01/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $149,995 -- $147 / 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 $487 $13,650 $1,500 $12,150
2024 $576 $13,650 $1,500 $12,150
2023 $576 $13,650 $1,500 $12,150
2022 $567 $13,650 $1,500 $12,150
2021 $550 $13,650 $1,500 $12,150
2020 $525 $13,650 $1,500 $12,150
2019 $523 $13,650 $1,500 $12,150
2018 $528 $13,650 $0 $0
2017 $532 $13,650 $0 $0
2016 $471 $13,650 $0 $0
2015 $485 $13,650 $0 $0
2014 $478 $13,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2055880

Bright MLS

APN: 133-17.00-81.00