NOT LISTED FOR SALE

38 N Main St Magnolia, DE 19962

Estimated Value: $256,000 - $282,000

3 Beds
1 Bath
1,244 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $250,000 $201 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,459/month

45 Days on Market

Highlights

  • Rambler Architecture
  • Sun or Florida Room
  • No HOA
  • Allen Frear Elementary School Rated A
  • Mud Room
  • Living Room

About This Home

As of July 2024

Here's your chance to own a piece of Magnolia's charm! This vintage gem, located right in the heart of town, offers unparalleled convenience with essential amenities just a stone's throw away – from the elementary school and firehouse to the post office, restaurant, and church. It is also minutes away from the Dover Air Force Base.
Step inside, and you'll be greeted by an abundance of natural light flooding every corner, creating a spacious and inviting ambiance. The living and dining areas boast ample room for any furniture arrangement, perfect for entertaining or enjoying quiet evenings at home. With newly replaced windows, the interior is bathed in sunlight, enhancing its refreshing atmosphere.
But that's not all – this home has undergone numerous recent improvements to ensure both comfort and peace of mind. From the new roof and replacement windows to the upgraded hot water heater and luxurious vinyl plank flooring, so many details have been carefully considered. Additional upgrades, including a new electrical service panel, bathroom features, and a temperature-controlled attic fan in the floored attic, further enhance the home's appeal.
Outside, a newly constructed front deck provides the perfect spot to relax and enjoy the neighborhood vibes. Don't miss this opportunity to make this vintage gem your own and experience the best of hometown living in Magnolia!
Seller is a licensed Realtor for the state of Delaware.
Outbuilding will be removed by settlement. $5,000.00 Closing cost assistance with full price offer.

Last Agent to Sell the Property

Maria Bennett

(302) 331-8882 mariacbennettRealtor@gmail.com Iron Valley Real Estate at The Beach License #RB-0020874 Listed on: 04/19/2024

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Whitney Westover

(302) 538-1127 winwithwhitneyw@gmail.com First Coast Realty LLC License #0037174

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $460

Year Built

  • Built in 1920 | Remodeled in 2023

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100.00 x 130.00
  • Property is zoned AR

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,244 Sq Ft Home
  • Property has 1 Level
  • Mud Room
  • Living Room
  • Dining Room
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • 7 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • 90% Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number SM-15-11305-01-2400-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$460

Year Built

Built in 1920 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: All kitchen appliances, washer, dryer, ac window unit(s) are being included as is.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1920
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Sun/Florida Room, Mud Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial
  • Total Sq Ft: 1244
  • Living Area Sq Ft: 1244
  • Price Per Sq Ft: 200.88
  • Above Grade Finished Sq Ft: 1244
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Street Lights, Sidewalks
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Off Site
  • Number of Spaces in Driveway: 4
  • Off Site Number Of Spaces: 3

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.29
  • Lot Dimensions: 100.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12800.00
  • Zoning: AR
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 460.00
  • Assessor Parcel Number: SM-15-11305-01-2400-000
  • Tax Year: 2023

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jul 1, 2024
Sold by
Bennett Maria
Bought by
Silva Isaac L
Seller's Agent
Maria Bennett
Iron Valley Real Estate at The Beach
Buyer's Agent
Whitney Westover
First Coast Realty LLC
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Views
197
Current Estimated Value
$269,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,250
Avg. Annual Appreciation
5.29%
Original Mortgage
$10,000
Outstanding Balance
$9,881
Interest Rate
7.03%
Estimated Equity
$259,369

Purchase Details

Closed on
Jan 16, 2002
Bought by
Bennett Maria and Bloom Charles William Ltr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Silva Isaac L $250,000 None Listed On Document
Bennett Maria $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Isaac L $10,000
Open Silva Isaac L $255,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $250,000 0.0% $201 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $249,900 -- $201 / 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
2025 $569 $292,800 $66,800 $226,000
2024 $569 $292,800 $66,800 $226,000
2023 $460 $18,200 $6,100 $12,100
2022 $434 $18,200 $6,100 $12,100
2021 $430 $18,200 $6,100 $12,100
2020 $423 $18,200 $6,100 $12,100
2019 $406 $18,200 $6,100 $12,100
2018 $392 $18,200 $6,100 $12,100
2017 $1,224 $18,200 $0 $0
2016 $684 $18,200 $0 $0
2015 -- $18,200 $0 $0
2014 -- $18,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2027224

Bright MLS

APN: 8-15-11305-01-2400-000