NOT LISTED FOR SALE

37 Sedge Wren Way Magnolia, DE 19962

Rising Sun-Lebanon Neighborhood

Estimated Value: $460,000 - $467,000

4 Beds
2.5 Baths
2,894 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $435,000 $150 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,633/month

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Allen Frear Elementary School Rated A

About This Home

As of May 2022

This home is located at 37 Sedge Wren Way, Magnolia, DE 19962 since 28 March 2022 and is currently estimated at $464,517, approximately $160 per square foot. This property was built in 2021. 37 Sedge Wren Way is a home located in Kent County with nearby schools including Allen Frear Elementary School, F. Niel Postlethwait Middle School, and Caesar Rodney High School.

Last Agent to Sell the Property

Adam D'Alessandro

(302) 567-9399 adam@aerealestate.org Myers Realty Listed on: 03/28/2022

Last Buyer's Agent

Kristin Usaitis

(703) 863-0367 kristin.usaitis@longandfoster.com Long & Foster Real Estate, Inc. License #RS0037713

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 2021

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 38.42 x 120.53
  • Property is zoned AC

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,894 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Community Details

  • Property has a Home Owners Association
  • Point Landing Subdivision

Listing and Financial Details

  • Tax Lot 5500-000
  • Assessor Parcel Number NM-00-09603-01-5500-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,490

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2894
  • Living Area Sq Ft: 2894
  • Price Per Sq Ft: 146.86
  • Above Grade Finished Sq Ft: 2894
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 330.00
  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 38.42 x 120.53
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Year Assessed: 2021
  • Zoning: AC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4725499
  • School Tax: 1280.00
  • Tax Annual Amount: 1490.00
  • Assessor Parcel Number: NM-00-09603-01-5500-000
  • Tax Lot: 5500-000
  • Tax Total Finished Sq Ft: 2894
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/20/2022

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 20, 2022
Sold by
Lee Diamond Spencer
Bought by
Grosso Frank J and Grosso Cheryl J
Seller's Agent
Adam D'Alessandro
Myers Realty
Buyer's Agent
Kristin Usaitis
Long & Foster Real Estate, Inc.
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%
Current Estimated Value
$464,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,517
Avg. Annual Appreciation
1.94%
Original Mortgage
$200,000
Outstanding Balance
$189,996
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$274,521

Purchase Details

Closed on
Feb 25, 2021
Sold by
D R Horton Inc
Bought by
Diamond Spencer Lee and Diamond Megan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,566
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Jun 30, 2015
Sold by
Pointe Landing Llc
Bought by
Pl Debt Acquisition Llc
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
Grosso Frank J -- None Listed On Document
Diamond Spencer Lee $372,010 None Available
Pl Debt Acquisition Llc $5,223,056 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grosso Frank J $200,000
Previous Owner Diamond Spencer Lee $380,566
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $435,000 +2.4% $150 / Sq Ft
03/28/2022 03/28/22 For Sale $425,000 -- $147 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
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
2025 $2,038 $409,600 $107,100 $302,500
2024 $2,038 $409,600 $107,100 $302,500
2023 $2,009 $63,000 $4,400 $58,600
2022 $1,899 $63,000 $4,400 $58,600
2021 $1,867 $63,000 $4,400 $58,600
2020 $148 $4,400 $4,400 $0
2019 $49 $400 $400 $0
2018 $38 $400 $400 $0
2017 $8 $400 $0 $0
2016 $15 $400 $0 $0
2015 -- $400 $0 $0
2014 -- $400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam D'Alessandro

    Seller's Agent in 2022

    Adam D'Alessandro

    Myers Realty

    (302) 567-9399

    9 in this area

    165 Total Sales

    Adam D'Alessandro
    Section Image
  • Kristin Usaitis

    Buyer's Agent in 2022

    Kristin Usaitis

    Long & Foster

    (703) 863-0367

    1 in this area

    77 Total Sales

    Kristin Usaitis
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DEKT2008024

Bright MLS

APN: 7-00-09603-01-5500-000

Delaware Kent County Magnolia 19962 Rising Sun-Lebanon

37 Sedge Wren Way, Magnolia, DE

This home is located at 37 Sedge Wren Way, Magnolia, DE 19962 since 28 March 2022 and is currently estimated at $464,517, approximately $160 per square foot. This property was built in 2021. 37 Sedge Wren Way is a home located in Kent County with nearby schools including Allen Frear Elementary School, F. Niel Postlethwait Middle School, and Caesar Rodney High School.

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