NOT LISTED FOR SALE

220 Paysan Ln Magnolia, DE 19962

Estimated Value: $501,000 - $515,000

4 Beds
4 Baths
-- Sq Ft
0.32 Acres

Last Sold August 25, 2015

Last sale price $299,900

Est. 70% increase in value since last sale

Current estimated payment $3,000/month

165 Days on Market

Highlights

  • Newly Remodeled
  • Clubhouse
  • Wood Flooring
  • Caesar Rodney High School Rated A-
  • Rambler Architecture
  • Attic

About This Home

As of August 2015

May Delivery! The Jasmine shows a lovely porch and foyer open directly into the library and the open expansiveness of the living room and dining room. At the rear of the home, you will find a fabulous kitchen, breakfast area and great room, as well as a stunning owners suite with a large walk-in closet and a lavish walk-in shower. A second guest bedroom is also conveniently located. Some of the included features in this immediate delivery home are; open kitchen with granite counter-tops, gas range and stainless steel appliances. The 2nd floor upgrades a full loft with bathroom. Another big plus is the finished lower level with full bathroom. 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, 13 SEER AC, R-38 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 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 Khovnanian's Chestnut Ridge. ***Interior photos are from a decorated Jasmine model home.

Last Agent to Sell the Property

William Sladek

Redfin Corporation License #RS-0017340 Listed on: 02/10/2015

Last Buyer's Agent

Kenneth Pennington

Century 21 Harrington Realty, Inc License #R3-0015363

Century 21 Harrington Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,171

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 67x150
  • Level Lot
  • Property is in excellent condition

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Rambler Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level
  • Attic

Kitchen

  • Butlers Pantry
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4 Full Bathrooms

Schools

  • W.B. Simpson Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 334
  • Assessor Parcel Number 7-00-11203-09-5900-00001

Community Details

Overview

  • Association fees include common area maintenance, pool(s)
  • $350 Other One-Time Fees
  • Chestnut Ridge Subdivision, Jasmine Floorplan

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,171

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2015
  • Remarks Public: May Delivery! The Jasmine shows a lovely porch and foyer open directly into the library and the open expansiveness of the living room and dining room. At the rear of the home, you will find a fabulous kitchen, breakfast area and great room, as well as a stunning owners suite with a large walk-in closet and a lavish walk-in shower. A second guest bedroom is also conveniently located. Some of the included features in this immediate delivery home are; open kitchen with granite counter-tops, gas range and stainless steel appliances. The 2nd floor upgrades a full loft with bathroom. Another big plus is the finished lower level with full bathroom. 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, 13 SEER AC, R-38 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 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 Khovnanian's Chestnut Ridge. ***Interior photos are from a decorated Jasmine model home.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Dining Area
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Street Number Modifier: 220

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding, Stone
  • Construction Completed: Yes
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, 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
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Garage Features: Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 37.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s)
  • HOA: Yes

Fee Information

  • Other Fees: 350.00
  • Other Fees Frequency: One Time

Schools

  • School District: CAESAR RODNEY
  • Elementary School: W.B. SIMPSON
  • School District Key: 300200396889
  • Elementary School: W.B. SIMPSON

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.32
  • Lot Dimensions: 67X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14000.00
  • Property Condition: Excellent

Green Features

  • R Factor Ceilings: 38
  • R Factor Ext Walls: 13

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7-00-11203-09-5900-00001
  • Tax Lot: 334
  • Tax Year: 2015
  • Close Date: 08/25/2015

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2015
Closed on
Sep 16, 2015
Sold by
K Hovnanian Homes Of Delaware Llc
Bought by
Griffith Joel Franklin and White Laura Jeanne
Seller's Agent
William Sladek
Redfin Corporation
Buyer's Agent
Kenneth Pennington
Century 21 Harrington Realty, Inc
List Price
$319,900
Sold Price
$299,900
Premium/Discount to List
-$20,000
-6.25%
Current Estimated Value
$510,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,525
Avg. Annual Appreciation
5.34%
Original Mortgage
$323,070
Outstanding Balance
$257,462
Interest Rate
3.94%
Mortgage Type
Assumption
Estimated Equity
$247,826

Purchase Details

Closed on
Jan 8, 2015
Sold by
Schiff Land Development Company Llc
Bought by
K Hovnanian Homes Of Delaware Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Griffith Joel Franklin $312,782 None Available
K Hovnanian Homes Of Delaware Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffith Joel Franklin $323,070
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2015 08/25/15 Sold $299,900 0.0% --
07/25/2015 07/25/15 Pending -- -- --
03/13/2015 03/13/15 Price Changed $299,900 -6.3% --
02/10/2015 02/10/15 For Sale $319,900 -- --
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 $2,171 $438,500 $103,900 $334,600
2023 $2,251 $71,900 $4,600 $67,300
2022 $2,128 $71,900 $4,600 $67,300
2021 $2,084 $71,900 $4,600 $67,300
2020 $2,075 $71,900 $4,600 $67,300
2019 $1,990 $71,900 $4,600 $67,300
2018 $1,939 $71,900 $4,600 $67,300
2017 $1,895 $71,900 $0 $0
2016 $1,811 $71,900 $0 $0
2015 $142 $4,600 $0 $0
2014 $63 $500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002533402

Bright MLS

APN: 7-00-11203-09-5900-000