NOT LISTED FOR SALE

283 Cinnamon Way Magnolia, DE 19962

Estimated Value: $546,000 - $570,000

5 Beds
3.5 Baths
4,068 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $460,000 $113 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,350/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Vaulted Ceiling
  • Caesar Rodney High School Rated A-
  • Contemporary Architecture
  • Backs to Trees or Woods

About This Home

As of May 2021

Built in late 2018, this house is in The Reserve at Chestnut Ridge. The entire property has an irrigation system installed in Spring of 2019. Inside the house you’ll find an open floor plan featuring a 2-story stone fireplace as the centerpiece to the family room. With luxury vinyl plank flooring through the main level, a fresh coat of paint and quartz countertops in the kitchen, your main floor will stun all. On the upper level, you’ll find 4 large bedrooms including the owners suite with a vaulted ceiling, walk-in closet and a large bathroom with tile throughout. This house also features a finished basement with a bedroom and bathroom and is already plumbed for your future wet bar.

Last Agent to Sell the Property

Christopher Carr

HomeZu Listed on: 03/14/2021

Last Buyer's Agent

NICK PADILLA

First Coast Realty LLC License #RA-0030951

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,730

Year Built

  • Built in 2018

Lot Details

  • 10,487 Sq Ft Lot
  • Lot Dimensions are 74.91 x 140.00
  • East Facing Home
  • Vinyl Fence
  • Level Lot
  • Sprinkler System
  • Backs to Trees or Woods
  • Front Yard
  • Property is in very good condition
  • Property is zoned AC

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Formal Dining Room
  • Views of Woods
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • <<builtInMicrowave>>
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Play Equipment
  • Porch

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 60 Gallon+ Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Community Details

  • Built by Khovnanian
  • Resrv Chestnut Ridge Subdivision, Delaware Floorplan

Listing and Financial Details

  • Tax Lot 6000-000
  • Assessor Parcel Number NM-00-11203-10-6000-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,730

Year Built

Built in 2018

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Washer/ dryer, ceiling fans, curtain rods, blinds, refrigerator, gas stove/oven, dishwasher, built in microwave, playset
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: Built in late 2018, this house is in The Reserve at Chestnut Ridge. The entire property has an irrigation system installed in Spring of 2019. Inside the house you’ll find an open floor plan featuring a 2-story stone fireplace as the centerpiece to the family room. With luxury vinyl plank flooring through the main level, a fresh coat of paint and quartz countertops in the kitchen, your main floor will stun all. On the upper level, you’ll find 4 large bedrooms including the owners suite with a vaulted ceiling, walk-in closet and a large bathroom with tile throughout. This house also features a finished basement with a bedroom and bathroom and is already plumbed for your future wet bar.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Icemaker, Oven - Double, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick, Vinyl
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Island, Primary Bath(s), Sprinkler System, Store/Office, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, 2 Story Ceilings, Vaulted Ceilings
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Basement Finished Percent: 80.00
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4348
  • Living Area Sq Ft: 4068
  • Price Per Sq Ft: 161.80
  • Above Grade Finished Sq Ft: 2874
  • Below Grade Finished Sq Ft: 1194
  • Below Grade Sq Ft: 280
  • Total Below Grade Sq Ft: 1474
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 283

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • 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
  • Construction Materials: Vinyl Siding
  • Exterior Features: Play Equipment, Sidewalks, Street Lights, Underground Lawn Sprinkler
  • Roof: Asphalt
  • Spa: No
  • View: Trees/Woods
  • 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
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 46.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CAESAR RODNEY
  • Elementary School: STAR HILL
  • Middle School: 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: POSTLETHWAIT

Lot Info

  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: Backs To Trees, Front Yard, Level
  • Lot Size Acres: 0.24
  • Lot Dimensions: 74.91 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10487.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: AC
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Khovnanian

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5272216
  • School Tax: 1483.00
  • Tax Annual Amount: 1730.00
  • Assessor Parcel Number: NM-00-11203-10-6000-000
  • Tax Lot: 6000-000
  • Tax Total Finished Sq Ft: 2874
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/06/2021

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2021
Closed on
May 6, 2021
Sold by
Hubbard William and Hubbard Holly
Bought by
Day Shawn and Day Tanya
Seller's Agent
Christopher Carr
HomeZu
Buyer's Agent
NICK PADILLA
First Coast Realty LLC
List Price
$465,000
Sold Price
$460,000
Premium/Discount to List
-$5,000
-1.08%
Current Estimated Value
$561,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,579
Avg. Annual Appreciation
4.87%
Original Mortgage
$415,000
Outstanding Balance
$380,066
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$181,572

Purchase Details

Closed on
Sep 20, 2018
Sold by
K Hovnanian Homes Of Delaware Llc
Bought by
Hubbard William and Hubbard Holly Elaine Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,108
Interest Rate
4.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Day Shawn $460,000 None Available
Hubbard William $351,578 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Shawn $415,000
Previous Owner Hubbard William $359,790
Previous Owner Hubbard William $359,108
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $460,000 -1.1% $113 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $465,000 -- $114 / 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 $2,419 $501,300 $103,000 $398,300
2023 $2,315 $74,400 $4,400 $70,000
2022 $2,188 $74,400 $4,400 $70,000
2021 $2,143 $74,400 $4,400 $70,000
2020 $2,109 $74,400 $4,400 $70,000
2019 $2,022 $74,400 $4,400 $70,000
2018 $1,103 $4,400 $4,400 $0
2017 $8 $400 $0 $0
2016 $8 $400 $0 $0
2015 $7 $400 $0 $0
2014 $7 $400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT247082

Bright MLS

APN: 7-00-11203-10-6000-000