316 Derby Way Millsboro, DE 19966
2
Beds
2
Baths
1,020
Sq Ft
$33/mo
HOA Fee
Highlights
- Rambler Architecture
- 1 Car Direct Access Garage
- Forced Air Heating and Cooling System
- Attic
- Brick Porch or Patio
- Ceiling Fan
About This Home
As of April 2025Discover comfortable living in this charming 2-bedroom, 2-bathroom home nestled in the heart of Millsboro, Delaware. With an interior that spans 1020 square feet, this residence offers a perfect blend of cozy and functional living spaces designed to cater to your daily needs.Step into a home where every detail is tuned to comfort, from the well-appointed bathrooms to the spacious primary bedroom. The open layout ensures that every square foot is utilized effectively, forming an inviting atmosphere that makes both everyday living and entertaining a pleasure.Parking won't be an issue as the property includes ample space for your vehicles and a attached garage contributing to a hassle-free lifestyle. Enjoy the convenience of having essential amenities within reach, including the Peninsula Crossing grocery store, just a short drive away, making your grocery runs quick and easy.For those who cherish outdoor activities and time with their furry friends, the nearby Millsboro Dog Park offers a refreshing escape to nature and a fantastic spot for community socialization. It's a place where laughter and joy fill the air as pets and owners alike relish in the open green spaces.The house is located in the neighborhood of Magnolia Meadows which captures the essence of community living while maintaining privacy and tranquility. Whether you're a small family, a professional looking for a peaceful retreat, or anyone in between, this home promises a peacefule lifestyle amidst the serene backdrop of Millsboro.Live the life you've been dreaming of in this delightful home that combines comfort, convenience, and charm. Don't miss out on making precious memories in a place you can truly call your own.Seller is offering a One Year Home Warranty with American Home Shield with full price offer
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $958
Year Built
- Built in 1996
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 40.00 x 84.00
- Privacy Fence
- Back Yard Fenced
- Property is in very good condition
HOA Fees
- $33 Monthly HOA Fees
Parking
- 1 Car Direct Access Garage
- 1 Driveway Space
- Garage Door Opener
Home Design
- Semi-Detached or Twin Home
- Rambler Architecture
- Permanent Foundation
- Block Foundation
- Shingle Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,020 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Insulated Windows
- Window Screens
- Dining Area
- Attic
Kitchen
- Electric Oven or Range
- Microwave
- Disposal
Flooring
- Partially Carpeted
- Laminate
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Brick Porch or Patio
- Outbuilding
Schools
- Millsboro Middle School
- Indian River High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 55
- Assessor Parcel Number 133-17.00-135.00
Community Details
Overview
- $1,000 Capital Contribution Fee
- Building Winterized
- Magnolia Meadows HOA
- Magnolia Meadows Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2025
Closed on
Apr 22, 2025
Sold by
Delcollo Elaine
Bought by
Snead Gelean and Showell Vanessa
Seller's Agent
JAMES YOST
Compass
Buyer's Agent
Katie Modesto
The Parker Group
List Price
$247,000
Sold Price
$240,000
Premium/Discount to List
-$7,000
-2.83%
Views
140
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,533
Avg. Annual Appreciation
-7.99%
Original Mortgage
$235,653
Outstanding Balance
$235,653
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
-$1,186
Purchase Details
Closed on
Oct 31, 2001
Bought by
Delcollo Elaine
Similar Homes in Millsboro, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $240,000 | None Listed On Document | |
| Deed | $89,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $235,653 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2025 04/22/25 | Sold | $240,000 | -2.8% | $235 / Sq Ft |
| 03/17/2025 03/17/25 | Pending | -- | -- | -- |
| 01/30/2025 01/30/25 | For Sale | $247,000 | -- | $242 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $29 | $13,650 | $1,500 | $12,150 |
| 2023 | $29 | $13,650 | $1,500 | $12,150 |
| 2022 | $28 | $13,650 | $1,500 | $12,150 |
| 2021 | $27 | $13,650 | $1,500 | $12,150 |
| 2020 | $26 | $13,650 | $1,500 | $12,150 |
| 2019 | $26 | $13,650 | $1,500 | $12,150 |
| 2018 | $26 | $13,650 | $0 | $0 |
| 2017 | $26 | $13,650 | $0 | $0 |
| 2016 | $24 | $13,650 | $0 | $0 |
| 2015 | $24 | $13,650 | $0 | $0 |
| 2014 | $24 | $13,650 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
JAMES YOST
Compass
(484) 256-3979
16 in this area
64 Total Sales
-
K
Buyer's Agent in 2025
Katie Modesto
The Parker Group
(302) 228-4465
2 in this area
9 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2077350
APN: 133-17.00-135.00
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