NOT LISTED FOR SALE

257 Cinnamon Way Unit 228 Magnolia, DE 19962

Estimated Value: $533,000 - $610,000

4 Beds
3.5 Baths
3,450 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $339,900 $99 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,185/month

Highlights

  • Fitness Center
  • New Construction
  • Clubhouse
  • Caesar Rodney High School Rated A-
  • Open Floorplan
  • Traditional Architecture

About This Home

As of July 2019

New Construction at Chestnut Ridge. The Delaware model features 4 bedrooms, 3 bath with professional designer selected luxury vinyl plank flooring, granite counter tops, 2 story family room, finished basement and more. Onsite unlicensed sales agent represents the builder.

Last Agent to Sell the Property

Michael Kennedy

(302) 381-7001 michael.kennedy@compass.com Compass License #RS-0024358 Listed on: 04/22/2019

Compass

Last Buyer's Agent

Annamarie New

(302) 222-5321 ann.new.drg@gmail.com KW Empower License #RS-0024510

KW Empower

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,870

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.27 Acre Lot
  • Property is in excellent condition
  • Property is zoned AC

HOA Fees

  • $44 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Spray Foam Insulation
  • Blown-In Insulation
  • Low VOC Insulation
  • Shingle Roof
  • Passive Radon Mitigation
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Concrete Perimeter Foundation
  • CPVC or PVC Pipes
  • Tile

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Library
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Partially Finished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Water Proofing System
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment
  • Whole House Supply Ventilation

Schools

  • Star Hill Elementary School
  • F Neil Postlethwait Middle School
  • Caesar Rodney High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Underground Utilities
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 7-00-112.03-10-58.00-0001

Community Details

Overview

  • $350 Capital Contribution Fee
  • Association fees include common area maintenance, reserve funds, road maintenance, snow removal
  • Built by K Hovnanian Homes
  • Chestnut Ridge Subdivision, Delaware Floorplan

Amenities

  • Clubhouse
  • Billiard Room
  • Party Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,870

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$44 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Expected On Market: 2019-04-24
  • Federal Flood Zone: No
  • Year Built: 2019
  • Remarks Public: New Construction at Chestnut Ridge. The Delaware model features 4 bedrooms, 3 bath with professional designer selected luxury vinyl plank flooring, granite counter tops, 2 story family room, finished basement and more. Onsite unlicensed sales agent represents the builder.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Energy Star Refrigerator, Exhaust Fan, Icemaker, Microwave, Stainless Steel Appliances
  • Interior Amenities: Attic, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Walk-In Closet(s)
  • Window Features: Double Pane, Energy Efficient, Energy Star Qualified, Insulated, Low-E, Screens, Vinyl Clad
  • Door Features: Insulated
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Concrete Perimeter, Passive Radon Mitigation
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Library
  • Basement: Yes
  • Basement Type: Connecting Stairway, Interior Access, Partially Finished, Poured Concrete, Sump Pump, Water Proofing System
  • Laundry Type: Hookup
  • Total Sq Ft: 3450
  • Living Area Sq Ft: 3450
  • Price Per Sq Ft: 125.01
  • Above Grade Finished Sq Ft: 2687
  • Below Grade Finished Sq Ft: 763
  • Total Below Grade Sq Ft: 763
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 257

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Blown-In Insulation, Concrete, Cpvc/Pvc, Low Voc Insulation, Low Voc Products/Finishes, Spray Foam Insulation, Tile
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Water Sewer Hookup Fee: 5014.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Energy Star Cooling System, Programmable Thermostat, Whole House Supply Ventilation
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 531.46
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Billiard Room, Club House, Fitness Center, Jog/Walk Path, Party Room, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds, Road Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Loss Mitigation Fee?: No
  • Capital Contribution Fee: 350.00

Schools

  • School District: CAESAR RODNEY
  • Elementary School: STAR HILL
  • Middle School: F NEIL POSTLETHWAIT
  • High School: CAESAR RODNEY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396889
  • School District Source: Listing Agent
  • Elementary School: STAR HILL
  • High School: CAESAR RODNEY
  • Middle Or Junior School: F NEIL POSTLETHWAIT

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Assessed Value: 4600.00
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11820.00
  • Property Condition: Excellent
  • Zoning: AC
  • In City Limits: No

Green Features

  • Clean Green Assessed: No
  • R Factor Basement: 11
  • R Factor Ceilings: 49
  • R Factor Ext Walls: 15

Building Info

  • Builder Name: K Hovnanian Homes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1870.00
  • Assessor Parcel Number: 7-00-112.03-10-58.00-0001
  • Tax Year: 2019
  • Close Date: 07/30/2019

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2021
Sold by
Smith Alan Leroy and Smith Angeleque Niechelle
Bought by
Gauchan Brain G and Gauchan Catherine S
Current Estimated Value
$559,902

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jul 29, 2019
Sold by
K Hovnanian Homes Of Delaware Llc
Bought by
Smith Angelique Mechelle and Smith Alan Leroy
Seller's Agent
Michael Kennedy
Compass
Buyer's Agent
Annamarie New
KW Empower
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$351,116
Interest Rate
3.73%
Mortgage Type
VA
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
Gauchan Brain G $495,000 None Available
Smith Angelique Mechelle $339,900 Nationwide Title Clearing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Angelique Mechelle $351,116
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Sold $339,900 +1.2% $99 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $335,900 -1.2% $97 / Sq Ft
04/22/2019 04/22/19 For Sale $339,900 -- $99 / 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 $2,207 $447,600 $103,900 $343,700
2024 $2,207 $447,600 $103,900 $343,700
2023 $2,201 $69,900 $4,600 $65,300
2022 $2,080 $69,900 $4,600 $65,300
2021 $2,037 $69,900 $4,600 $65,300
2020 $2,029 $69,900 $4,600 $65,300
2019 $151 $68,400 $4,600 $63,800
2018 $65 $500 $500 $0
2017 $10 $500 $0 $0
2016 $10 $500 $0 $0
2015 $9 $500 $0 $0
2014 -- $500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT228104

Bright MLS

APN: 7-00-11203-10-5800-000