$239,000
SOLD DEC 22, 2025

321 Derby Way Millsboro, DE 19966

2 Beds
2 Baths
1,020 Sq Ft
$33/ mo HOA Fee

Recently Sold

$234 Per Sq Ft

12 Days on Market

Highlights

  • Rambler Architecture
  • Garden View
  • Sun or Florida Room
  • Main Floor Bedroom
  • Attic
  • Stainless Steel Appliances

About This Home

As of December 2025

Nestled in the charming community of Magnolia Meadows, this delightful twin home offers a perfect blend of comfort and convenience. Built in 1996, this ranch-style residence features a well-thought-out layout with 1,020 square feet of inviting living space. As you step inside, you will notice the open floor plan including new carpet throughout! The entry-level bedroom provides easy access and flexibility, while the open concept kitchen/dining/living area is perfect for hosting intimate gatherings or just relaxing. The home boasts a well-equipped kitchen featuring stainless steel appliances, including a recently updated electric oven/range and refrigerator. An updated hot water heater (2022) and main floor laundry adds to the convenience. Step outside to your private patio, where you can unwind and enjoy morning coffee or evening relaxation. The community offers well-maintained common areas and management services, ensuring a pleasant living environment. Residents can take advantage of nearby parks, shopping, restaurants and enjoy the benefits of a friendly neighborhood atmosphere. With a recently updated roof (2022), an attached garage and driveway parking, convenience is at your fingertips. Don't miss the chance to make this charming residence your own!

Last Agent to Sell the Property

Kathy Marshall

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0022158 Listed on: 10/29/2025

Monument Sotheby's International Realty

Last Buyer's Agent

Larry Linaweaver

(302) 541-8787 soldbylinaweaver@gmail.com Iron Valley Real Estate at The Beach License #RS0025841

Iron Valley Real Estate at The Beach

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $471

Year Built

  • Built in 1996

Lot Details

  • 3,049 Sq Ft Lot
  • South Facing Home
  • Partially Fenced Property
  • Vinyl Fence
  • Wood Fence

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space
  • Front Facing Garage

Home Design

  • Semi-Detached or Twin Home
  • Rambler Architecture
  • Slab Foundation
  • Plaster Walls
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,020 Sq Ft Home
  • Property has 1 Level
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Garden Views
  • Attic

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Tax Lot 83
  • Assessor Parcel Number 133-17.00-129.00

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, management
  • Magnolia Meadows HOA
  • Magnolia Meadows Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$471

Year Built

Built in 1996

Lot Details

3,049 Sq Ft Lot

HOA Fees

$33 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: No Stairs
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Oven/Range - Electric, Stainless Steel Appliances, Washer, Water Heater, Refrigerator
  • Flooring Type: Carpet, Laminate Plank, Laminated
  • Interior Amenities: Attic, Dining Area, Entry Level Bedroom
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Sliding Glass, Storm
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Sun/Florida Room, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1020
  • Living Area Sq Ft: 1020
  • Price Per Sq Ft: 234.31
  • Above Grade Finished Sq Ft: 1020
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Spa: No
  • View: Garden/Lawn
  • 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: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA Name: MAGNOLIA MEADOWS
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1000.00

Lot Info

  • Horses: No
  • Fencing: Partially, Vinyl, Wood
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: TN
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • School Tax: 423.00
  • Tax Annual Amount: 471.00
  • Assessor Parcel Number: 133-17.00-129.00
  • Tax Lot: 83
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2025
Closed on
Dec 22, 2025
Sold by
Spece Zacariah J
Bought by
Benton Catherine Mary and Heyd Jill
Seller's Agent
Kathy Marshall
Monument Sotheby's International Realty
Buyer's Agent
Larry Linaweaver
Iron Valley Real Estate at The Beach
List Price
$239,000
Sold Price
$239,000
Views
684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.71%
Original Mortgage
$191,200
Outstanding Balance
$191,018
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$47,573

Purchase Details

Listed on
Oct 17, 2014
Closed on
Dec 5, 2014
Sold by
Martha J Martha J
Bought by
Spece Larry J
Seller's Agent
LARRY SPRIGG
JACK LINGO MILLSBORO
Buyer's Agent
Dory MCVICKER
JACK LINGO MILLSBORO
List Price
$127,500
Sold Price
$127,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $239,000 None Listed On Document
Interfamily Deed Transfer $127,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2025 12/22/25 Sold $239,000 0.0% $234 / Sq Ft
10/29/2025 10/29/25 For Sale $239,000 +87.5% $234 / Sq Ft
12/12/2014 12/12/14 Sold $127,500 0.0% $125 / Sq Ft View Prior Sale
11/30/2014 11/30/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $127,500 -- $125 / Sq Ft
Source: Bright MLS

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 $483 $13,650 $1,500 $12,150
2024 $576 $13,650 $1,500 $12,150
2023 $576 $13,650 $1,500 $12,150
2022 $567 $13,650 $1,500 $12,150
2021 $550 $13,650 $1,500 $12,150
2020 $525 $13,650 $1,500 $12,150
2019 $523 $13,650 $1,500 $12,150
2018 $528 $13,650 $0 $0
2017 $532 $13,650 $0 $0
2016 $471 $13,650 $0 $0
2015 $485 $13,650 $0 $0
2014 $288 $13,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2099412

Bright MLS

APN: 133-17.00-129.00

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