NOT LISTED FOR SALE

257 Cinnamon Way Magnolia, DE 19962

Estimated Value: $529,000 - $585,058

4 Beds
3.5 Baths
3,450 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $495,000 $143 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,310/month

9 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Two Story Ceilings
  • Caesar Rodney High School Rated A-
  • Contemporary Architecture
  • Backs to Trees or Woods

About This Home

As of July 2021

Built in 2019, this better than new home in the highly sought-after Reserve at Chestnut Ridge community is ready for the next family to enjoy. All the work has already been done from the massive Trex deck, concrete patio, fence, extended parking, irrigation with well, tasteful landscaping, paint, ceiling fans, and blinds this is a truly live-in ready home! Even better is the night appeal with unique hardwired patio and fence lights that add the right amount of ambiance tying into the front landscaping lights, this home is a remarkable stand-out day and night. Inside features neutral paint and luxury vinyl flooring on the main floor. Upon entering you are greeted with a front seating room adjacent to a nice size dining room with a hung chandelier. Continuing on is a half bath next to a good size office. Turn left and you’re greeted with an open kitchen/living room design that ensures quality family time is not interrupted. The kitchen granite island is large and offers counter height seating, there are plenty of cabinets and amazing stainless steel GE appliances. Upstairs offers 4 bedrooms and 2 full baths. The master suite is remarkable and very inviting with the French doors along with a large walk-in closet. Not done yet, the basement offers an entirely separate living/entertaining space with a full bath! Additionally, there are 2 unfinished rooms to handle all of your storage needs or can be expanded into an additional bedroom or fitness room. Outback offers everything you need to entertain as you kick back and enjoy the tree-lined privacy behind the home. Also included is a 10’x12’ shed on a concrete pad. Don’t forget to take advantage of the community amenities including the fitness center, swimming pool, and reserve center that offers pool tables and banquet area. The property is conveniently located near shopping centers, restaurants, beaches and 12 minutes from Dover AFB. Act fast as this home will not last long!

Last Agent to Sell the Property

Christopher Carr

HomeZu Listed on: 06/21/2021

Last Buyer's Agent

Dustin Oldfather

Compass License #RS-0017091

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 2019

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 75.25 x 140.00
  • East Facing Home
  • Vinyl Fence
  • Sprinkler System
  • Backs to Trees or Woods
  • Additional Parcels
  • Property is in excellent condition
  • Property is zoned AC

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Two Story Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Dining Area
  • Views of Woods
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Range Hood
  • <<builtInMicrowave>>
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Escape

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Storage Shed
  • Outbuilding

Schools

  • Caesar Rodney High School

Utilities

  • Central Air
  • Heating Available
  • Vented Exhaust Fan
  • 60+ Gallon Tank
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 5800-000
  • Assessor Parcel Number NM-00-11203-10-5800-000

Community Details

Overview

  • Resrv Chestnut Ridge Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,626

Year Built

Built in 2019

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2019
  • Automatically Close On Close Date: No
  • Remarks Public: Built in 2019, this better than new home in the highly sought-after Reserve at Chestnut Ridge community is ready for the next family to enjoy. All the work has already been done from the massive Trex deck, concrete patio, fence, extended parking, irrigation with well, tasteful landscaping, paint, ceiling fans, and blinds this is a truly live-in ready home! Even better is the night appeal with unique hardwired patio and fence lights that add the right amount of ambiance tying into the front landscaping lights, this home is a remarkable stand-out day and night. Inside features neutral paint and luxury vinyl flooring on the main floor. Upon entering you are greeted with a front seating room adjacent to a nice size dining room with a hung chandelier. Continuing on is a half bath next to a good size office. Turn left and you’re greeted with an open kitchen/living room design that ensures quality family time is not interrupted. The kitchen granite island is large and offers counter height seating, there are plenty of cabinets and amazing stainless steel GE appliances. Upstairs offers 4 bedrooms and 2 full baths. The master suite is remarkable and very inviting with the French doors along with a large walk-in closet. Not done yet, the basement offers an entirely separate living/entertaining space with a full bath! Additionally, there are 2 unfinished rooms to handle all of your storage needs or can be expanded into an additional bedroom or fitness room. Outback offers everything you need to entertain as you kick back and enjoy the tree-lined privacy behind the home. Also included is a 10’x12’ shed on a concrete pad. Don’t forget to take advantage of the community amenities including the fitness center, swimming pool, and reserve center that offers pool tables and banquet area. The property is conveniently located near shopping centers, restaurants, beaches and 12 minutes from Dover AFB. Act fast as this home will not last long!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Energy Star Refrigerator, Exhaust Fan, Oven/Range - Gas, Range Hood, Stainless Steel Appliances
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Family Room Off Kitchen, Kitchen - Island, Walk-In Closet(s), Upgraded Countertops, Store/Office
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: 2 Story Ceilings, Dry Wall
  • Floors In Unit Count: 3
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Hookup, Upper Floor
  • Total Sq Ft: 3450
  • Living Area Sq Ft: 3450
  • Price Per Sq Ft: 178.12
  • Above Grade Finished Sq Ft: 2779
  • Below Grade Finished Sq Ft: 671
  • Total Below Grade Sq Ft: 671
  • 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: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Aluminum Siding
  • Exterior Features: Fire Escape, Exterior Lighting, Outbuilding(s), Sidewalks, Street Lights, Underground Lawn Sprinkler
  • Road Surface Type: Black Top
  • Roof: Shingle
  • Spa: No
  • View: Trees/Woods
  • 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
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Energy Star Heating System
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Multiple Phone Lines
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 52.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Filtered, Fenced, In Ground

Schools

  • School District: CAESAR RODNEY
  • High School: CAESAR RODNEY
  • High School Source: Listing Agent
  • School District Key: 300200396889
  • School District Source: Listing Agent
  • High School: CAESAR RODNEY

Lot Info

  • Additional Parcels: Yes
  • Fencing: Vinyl
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.27
  • Lot Dimensions: 75.25 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: AC
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5272214
  • School Tax: 1393.00
  • Tax Annual Amount: 1626.00
  • Assessor Parcel Number: NM-00-11203-10-5800-000
  • Tax Lot: 5800-000
  • Tax Total Finished Sq Ft: 2779
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/26/2021

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jul 26, 2021
Sold by
Smith Alan Leroy and Smith Angeleque Niechelle
Bought by
Gauchan Brain G and Gauchan Catherine S
Seller's Agent
Christopher Carr
HomeZu
Buyer's Agent
Dustin Oldfather
Compass
List Price
$495,000
Sold Price
$495,000
Total Days on Market
9
Current Estimated Value
$556,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,515
Avg. Annual Appreciation
2.71%

Purchase Details

Closed on
Jul 29, 2019
Sold by
K Hovnanian Homes Of Delaware Llc
Bought by
Smith Angelique Mechelle and Smith Alan Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
07/26/2021 07/26/21 Sold $495,000 0.0% $143 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $495,000 -- $143 / 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
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: DEKT2000284

Bright MLS

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