NOT LISTED FOR SALE

205 Magnolia Dr Millsboro, DE 19966

Estimated Value: $222,679 - $271,000

2 Beds
2 Baths
1,020 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $141,900 $139 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,376/month

Highlights

  • Attic
  • Storm Windows
  • Carpet
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2018

This charming 2 Bedroom 2 Bath home offers a Open Floor Plan. The Living Room and Dining Area connect with a Sun Room that make for a nice entertaining area. The back yard allows for additional entertaining space and is fenced in should you have a pet. There is a one car Garage connected to the house making it easy when you are bringing in groceries. HVAC system is new. The HOA fee is extremely low at $240- per year. The home is a short distance from the beach, shopping and all of the fine dining restaurants. See attached list of upgrades made by owner 4/17.

Last Agent to Sell the Property

Frank Hornstein

(302) 213-3868 frankhornstein1@gmail.com Iron Valley Real Estate at The Beach Listed on: 04/30/2017

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Frank Hornstein

(302) 213-3868 frankhornstein1@gmail.com Iron Valley Real Estate at The Beach Listed on: 04/30/2017

Iron Valley Real Estate at The Beach

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $816

Year Built

  • Built in 1991

Lot Details

  • 3,920 Sq Ft Lot

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Semi-Detached or Twin Home
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,020 Sq Ft Home
  • Property has 1 Level
  • Carpet
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 133-17.00-82.00

Community Details

Overview

  • Magnolia Meadows Subdivision

Security

  • Storm Windows
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$816

Year Built

Built in 1991

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1991
  • Remarks Public: This charming 2 Bedroom 2 Bath home offers a Open Floor Plan. The Living Room and Dining Area connect with a Sun Room that make for a nice entertaining area. The back yard allows for additional entertaining space and is fenced in should you have a pet. There is a one car Garage connected to the house making it easy when you are bringing in groceries. HVAC system is new. The HOA fee is extremely low at $240- per year. The home is a short distance from the beach, shopping and all of the fine dining restaurants. See attached list of upgrades made by owner 4/17.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Carpet
  • Interior Amenities: Attic
  • Window Features: Storm
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1020
  • Living Area Sq Ft: 1020
  • Net Sq Ft: 1020.00
  • Price Per Sq Ft: 134.22
  • Above Grade Finished Sq Ft: 1020
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 205

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Private Sewer
  • Water Sewer Expenses: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 240.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 0.09
  • Lot Size Units: Acres
  • Lot Sq Ft: 3920.00
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5097817
  • Tax Annual Amount: 816.00
  • Assessor Parcel Number: 133-17.00-82.00
  • County Tax Payment Frequency: Annually
  • Close Date: 05/24/2018

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2017
Closed on
May 17, 2018
Sold by
N M Kent & J A Yount Ret
Bought by
Lucas Donna
Seller's Agent
Frank Hornstein
Iron Valley Real Estate at The Beach
Buyer's Agent
Frank Hornstein
Iron Valley Real Estate at The Beach
List Price
$319,000
Sold Price
$141,900
Premium/Discount to List
-$177,100
-55.52%
Current Estimated Value
$247,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,520
Avg. Annual Appreciation
7.85%
Original Mortgage
$6,573
Outstanding Balance
$5,673
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$241,747
Source: Public Records

Range of Values:

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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
Lucas Donna $141,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Donna $6,573
Open Lucas Donna $139,329
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2018 05/24/18 Sold $141,900 -55.5% $139 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
04/30/2017 04/30/17 For Sale $319,000 -- $313 / 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 $468 $13,450 $1,500 $11,950
2024 $568 $13,450 $1,500 $11,950
2023 $568 $13,450 $1,500 $11,950
2022 $559 $13,450 $1,500 $11,950
2021 $542 $13,450 $1,500 $11,950
2020 $518 $13,450 $1,500 $11,950
2019 $516 $13,450 $1,500 $11,950
2018 $521 $13,450 $0 $0
2017 $513 $13,450 $0 $0
2016 $452 $13,450 $0 $0
2015 $466 $13,450 $0 $0
2014 $459 $13,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001574860

Bright MLS

APN: 133-17.00-82.00