NOT LISTED FOR SALE

32 W Walnut St Magnolia, DE 19962

Estimated Value: $321,000 - $438,000

3 Beds
2 Baths
1,426 Sq Ft
$272/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $412,500 $289 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,351/month

29 Days on Market

Highlights

  • Barn or Farm Building
  • Horses Allowed On Property
  • Solid Hardwood Flooring
  • Caesar Rodney High School Rated A-
  • Rambler Architecture
  • Backs to Trees or Woods

About This Home

As of April 2024

Horses Welcome ! Where else can you find a property like this? Picturesque farmette with Classic Brick front and vinyl sides ranch home on 2 tax parcels, totaling 5.8 Acres! Unparalleled privacy and endless possibilities, yet close to all conveniences.
This 3 bedroom ranch home features original hardwood floors, woodburning brick fireplace and large picture window in the living room; updated kitchen with stainless appliances and integrated sink; nearby den that can have multiple uses. Two full tiled bathrooms featuring full ensuite in primary bedroom (rare for a home of this vintage). Replacement double hung windows throughout the home. Central AC. Architectural shingles, the list goes on and on. Home has oversized garage with pulldown stairs to attic, for lots of storage! Town water and County sewer - no well or septic tank to worry about!
This home has an unfinished basement that has recently had the paneling and linoleum floor removed and can be finished easily as the wall studding was left. In March, the home will have a new Bilco door that has a 1 year transferable warranty.
Now for the best part: THE LAND! This home is set on 5.8 acres of cleared land, with no wetlands! Mature trees around entire side and back perimeter of property, backing to large farm. Nice views! The home sits back from the road, with blacktop driveway. Quiet and private! Set back from the house is an old barn, featuring underground electric and oversize doors. It has 3 horse stalls, and still enough room for up to 3 vehicles! The Town of Magnolia has recently approved having horses on the property! Providing even more possibilities: Deldot has issued a Letter of No Objection, for extending that driveway to the back parcel, aswellas a Cross access easement. (All improvements
are subject to Town ordinances and approval).
Low taxes and located in award winning CR School District. This home is also close to a lot of amenities. Walk to school, restaurant, and Post office. 10 minutes to Historic Dover, DE. 10 minutes to Dover Air Force Base, 15 minutes to the new Delaware Turf Park, 20 minutes to Bay beaches and fishing, one hour to Rehoboth Beach and one hour to Wilmington.
Live in this home as it is, or add your choice of cosmetic touches. Room for future expansion!
This property has been in the same family since the home was built, and is ready for a new family to make new memories!

Last Agent to Sell the Property

Nick Barkins

First Coast Realty LLC License #RS-0023129 Listed on: 02/20/2024

Last Buyer's Agent

Kimberley Orth

EXP Realty, LLC License #RS-0023042

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $887

Year Built

  • Built in 1976

Lot Details

  • 5.6 Acre Lot
  • No Through Street
  • Cleared Lot
  • Backs to Trees or Woods
  • Additional Land
  • Tax ID SM-15-11309-01-0200-000 & SM-15-11309-01-0100-000 both included with sale.
  • Subdivision Possible
  • Property is in very good condition

Parking

  • 1 Car Direct Access Garage
  • 20 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Permanent Foundation
  • Poured Concrete
  • Architectural Shingle Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 1 Level
  • Ceiling Fan
  • Brick Fireplace
  • Replacement Windows
  • Double Hung Windows
  • Formal Dining Room
  • Country Kitchen

Flooring

  • Solid Hardwood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Drainage System
  • Sump Pump
  • Space For Rooms

Outdoor Features

  • Outbuilding
  • Rain Gutters

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Barn or Farm Building
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0100-000
  • Assessor Parcel Number SM-15-11309-01-0100-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$887

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Fridge. Oven. range vent/hood. Washer. Dryer.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1976
  • Automatically Close On Close Date: No
  • Remarks Public: Horses Welcome ! Where else can you find a property like this? Picturesque farmette with Classic Brick front and vinyl sides ranch home on 2 tax parcels, totaling 5.8 Acres! Unparalleled privacy and endless possibilities, yet close to all conveniences. This 3 bedroom ranch home features original hardwood floors, woodburning brick fireplace and large picture window in the living room; updated kitchen with stainless appliances and integrated sink; nearby den that can have multiple uses. Two full tiled bathrooms featuring full ensuite in primary bedroom (rare for a home of this vintage). Replacement double hung windows throughout the home. Central AC. Architectural shingles, the list goes on and on. Home has oversized garage with pulldown stairs to attic, for lots of storage! Town water and County sewer - no well or septic tank to worry about! This home has an unfinished basement that has recently had the paneling and linoleum floor removed and can be finished easily as the wall studding was left. In March, the home will have a new Bilco door that has a 1 year transferable warranty. Now for the best part: THE LAND! This home is set on 5.8 acres of cleared land, with no wetlands! Mature trees around entire side and back perimeter of property, backing to large farm. Nice views! The home sits back from the road, with blacktop driveway. Quiet and private! Set back from the house is an old barn, featuring underground electric and oversize doors. It has 3 horse stalls, and still enough room for up to 3 vehicles! The Town of Magnolia has recently approved having horses on the property! Providing even more possibilities: Deldot has issued a Letter of No Objection, for extending that driveway to the back parcel, aswellas a Cross access easement. (All improvements are subject to Town ordinances and approval). Low taxes and located in award winning CR School District. This home is also close to a lot of amenities. Walk to school, restaurant, and Post office. 10 minutes to Historic Dover, DE. 10 minutes to Dover Air Force Base, 15 minutes to the new Delaware Turf Park, 20 minutes to Bay beaches and fishing, one hour to Rehoboth Beach and one hour to Wilmington. Live in this home as it is, or add your choice of cosmetic touches. Room for future expansion! This property has been in the same family since the home was built, and is ready for a new family to make new memories!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Solid Hardwood, Laminate Plank, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Country, Primary Bath(s), Tub Shower, Wood Floors
  • Window Features: Double Hung, Replacement
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Drainage System, Interior Access, Outside Entrance, Poured Concrete, Space For Rooms, Sump Pump, Unfinished
  • Total Sq Ft: 1926
  • Living Area Sq Ft: 1426
  • Price Per Sq Ft: 280.43
  • Above Grade Finished Sq Ft: 1426
  • Below Grade Sq Ft: 500
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 32

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn, Barn/Farm Building
  • Construction Materials: Brick Front, Vinyl Siding
  • Exterior Features: Outbuilding(s), Gutter System
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 21
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 20

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Horses: Yes
  • Additional Parcels: Yes
  • Additional Parcels Description: Tax ID SM-15-11309-01-0200-000 & SM-15-11309-01-0100-000 both included with sale.
  • Horse Amenities: Horses Allowed
  • Lot Features: Additional Lot(s), Backs To Trees, Cleared, No Thru Street, Not In Development, Road Frontage, Subdivision Possible
  • Lot Size Acres: 5.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 243936.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 654.00
  • Tax Annual Amount: 887.00
  • Assessor Parcel Number: SM-15-11309-01-0100-000
  • Tax Lot: 0100-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/19/2024

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Apr 18, 2024
Sold by
Wootten Gary R and Wootten Jeffrey N
Bought by
Alexis Paul
Seller's Agent
Nick Barkins
First Coast Realty LLC
Buyer's Agent
Kimberley Orth
EXP Realty, LLC
List Price
$420,000
Sold Price
$412,500
Premium/Discount to List
-$7,500
-1.79%
Views
198
Current Estimated Value
$387,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,709
Avg. Annual Appreciation
-3.76%
Original Mortgage
$391,400
Outstanding Balance
$387,674
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$6,748

Purchase Details

Closed on
Oct 15, 2005
Sold by
Wootten J Newlin and Wootten John N
Bought by
Wootten Gary R and Wootten Jeffrey N
Source: Public Records

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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
Alexis Paul $412,000 None Listed On Document
Wootten Gary R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexis Paul $391,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $412,500 +3.2% $289 / Sq Ft
03/06/2024 03/06/24 Price Changed $399,900 -4.8% $280 / Sq Ft
02/20/2024 02/20/24 For Sale $420,000 -- $295 / 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 $2,275 $362,600 $120,000 $242,600
2023 $830 $31,900 $9,700 $22,200
2022 $785 $31,900 $9,700 $22,200
2021 $467 $31,900 $9,700 $22,200
2020 $461 $31,900 $9,700 $22,200
2019 $446 $31,900 $9,700 $22,200
2018 $433 $31,900 $9,700 $22,200
2017 $423 $31,900 $0 $0
2016 $415 $31,900 $0 $0
2015 -- $31,900 $0 $0
2014 -- $31,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2025950

Bright MLS

APN: 8-15-11309-01-0200-000