38 N Main St Magnolia, DE 19962
3
Beds
1
Bath
1,244
Sq Ft
0.29
Acres
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 2024Here'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
Iron Valley Real Estate at The Beach Listed on: 04/19/2024
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
- En-Suite Primary Bedroom
- 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
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
Bryan Realty Group
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Views
197
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
$12,506
Avg. Annual Appreciation
5.16%
Original Mortgage
$10,000
Outstanding Balance
$9,925
Interest Rate
7.03%
Estimated Equity
$252,581
Purchase Details
Closed on
Jan 16, 2002
Bought by
Bennett Maria and Bloom Charles William Ltr
Similar Homes in Magnolia, DE
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $250,000 | None Listed On Document | |
| Deed | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $10,000 | No Value Available | |
| Open | $255,375 | VA | |
| Previous Owner | $86,250 | New Conventional | |
| Previous Owner | $32,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $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
-
Maria Bennett
Seller's Agent in 2024
Maria Bennett
Iron Valley Real Estate at The Beach
(302) 331-8882
5 in this area
70 Total Sales
-
Whitney Westover
Buyer's Agent in 2024
Whitney Westover
Bryan Realty Group
(302) 538-1127
3 in this area
63 Total Sales
Map
Source: Bright MLS
MLS Number: DEKT2027224
APN: 8-15-11305-01-2400-000
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