NOT LISTED FOR SALE

387 Cinnamon Way Unit 236 Magnolia, DE 19962

Estimated Value: $540,000 - $562,000

4 Beds
3.5 Baths
2,750 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $500,000 $182 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,273/month

6 Days on Market

Highlights

  • Fitness Center
  • View of Trees or Woods
  • Colonial Architecture
  • Caesar Rodney High School Rated A-
  • Open Floorplan
  • Clubhouse

About This Home

As of September 2021

Do not miss this upgraded and immaculate Delaware model in Chestnut Ridge!! Situated on a premium lot backing to trees, the home is spectacular inside and out. As you enter the welcoming entry foyer you are flanked by the sitting room and formal dining room that have been improved with designer paint, new fixtures, and custom blinds. Ahead you will find the inviting and sunny great room with soaring cathedral ceilings and two-story stacked stone gas fireplace which is open to the kitchen and eat-in area. The gourmet kitchen boasts an upgraded stainless appliance package, center island, granite tops, and subway tiled backsplash and large pantry. On the entry level you will also find the home office conveniently tucked away but close to everything, as well as a half bath. The second floor features the primary bedroom with luxury bath and huge walk-in closet including additional designer fixtures and detail that set this home apart from others. The additional 3 bedrooms are also found on this floor which have been elegantly improved as well. This home also includes a finished basement with ample entertaining room, workout space, and room to play. The media area features a wet bar with wine cooler, cabinetry, and tiled backsplash. The lower level also has additional storage room. This home has been professionally landscaped with additional improvements for your outdoor living enjoyment. The maintenance-free rear deck is the perfect spot for relaxing or having your morning cup of coffee, and the rear yard includes a spacious sitting area with a firepit for some time under the stars. The rear yard is fenced. There is nothing to do but move in. Schedule your tour today!!

Last Agent to Sell the Property

Andrew Bryan

Bryan Realty Group License #RB-0030961 Listed on: 08/11/2021

Last Buyer's Agent

Allan Rathbun

Lester Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,577

Year Built

  • Built in 2019

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 94.21 x 150.04
  • Vinyl Fence
  • Back Yard Fenced
  • Property is zoned AC

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Passive Radon Mitigation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,750 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Stone Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Library
  • Recreation Room
  • Storage Room
  • Washer and Dryer Hookup
  • Home Gym
  • Views of Woods
  • Attic

Kitchen

  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Partially Finished Basement

  • Interior Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Allen Frear Elementary School
  • Postlethwait Middle School
  • Caesar Rodney High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Underground Utilities
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • ENERGY STAR Qualified Equipment
  • Deck

Listing and Financial Details

  • Tax Lot 6600-000
  • Assessor Parcel Number NM-00-11203-10-6600-000

Community Details

Overview

  • Association fees include common area maintenance, road maintenance, snow removal, pool(s)
  • Premier Property And Pool Management HOA
  • Built by K Hovnanian Homes
  • Chestnut Ridge Subdivision, Delaware Floorplan

Amenities

  • Clubhouse
  • Party Room

Recreation

  • Fitness Center
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,577

Year Built

Built in 2019

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2019
  • Automatically Close On Close Date: No
  • Remarks Public: Do not miss this upgraded and immaculate Delaware model in Chestnut Ridge!! Situated on a premium lot backing to trees, the home is spectacular inside and out. As you enter the welcoming entry foyer you are flanked by the sitting room and formal dining room that have been improved with designer paint, new fixtures, and custom blinds. Ahead you will find the inviting and sunny great room with soaring cathedral ceilings and two-story stacked stone gas fireplace which is open to the kitchen and eat-in area. The gourmet kitchen boasts an upgraded stainless appliance package, center island, granite tops, and subway tiled backsplash and large pantry. On the entry level you will also find the home office conveniently tucked away but close to everything, as well as a half bath. The second floor features the primary bedroom with luxury bath and huge walk-in closet including additional designer fixtures and detail that set this home apart from others. The additional 3 bedrooms are also found on this floor which have been elegantly improved as well. This home also includes a finished basement with ample entertaining room, workout space, and room to play. The media area features a wet bar with wine cooler, cabinetry, and tiled backsplash. The lower level also has additional storage room. This home has been professionally landscaped with additional improvements for your outdoor living enjoyment. The maintenance-free rear deck is the perfect spot for relaxing or having your morning cup of coffee, and the rear yard includes a spacious sitting area with a firepit for some time under the stars. The rear yard is fenced. There is nothing to do but move in. Schedule your tour today!!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Energy Star Refrigerator, Exhaust Fan, Icemaker, Microwave, Stainless Steel Appliances
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Attic, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Walk-In Closet(s)
  • Window Features: Double Pane, Energy Efficient, Energy Star Qualified, Insulated, Low-E, Screens, Vinyl Clad
  • Fireplace Features: Gas/Propane, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Concrete Perimeter, Passive Radon Mitigation
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Library, Exercise Room, Recreation Room, Storage Room
  • Basement: Yes
  • Basement Type: Interior Access, Sump Pump, Partially Finished
  • Laundry Type: Hookup
  • Total Sq Ft: 2750
  • Living Area Sq Ft: 2750
  • Price Per Sq Ft: 180.00
  • Above Grade Finished Sq Ft: 2750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 387

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Frame
  • Exterior Features: Sidewalks
  • Road Surface Type: Black Top
  • Roof: Shingle
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Water Sewer Hookup Fee: 5014.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Energy Star Cooling System, Programmable Thermostat
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 625.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Fitness Center, Jog/Walk Path, Party Room, Pool - Outdoor, Swimming Pool, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Road Maintenance, Snow Removal, Pool(s)
  • HOA Name: PREMIER PROPERTY AND POOL MANAGEMENT
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: CAESAR RODNEY
  • Elementary School: ALLEN FREAR
  • Middle School: POSTLETHWAIT
  • High School: CAESAR RODNEY
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396889
  • School District Source: Listing Agent
  • Elementary School: ALLEN FREAR
  • High School: CAESAR RODNEY
  • Middle Or Junior School: POSTLETHWAIT

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear, Vinyl
  • Lot Size Acres: 0.27
  • Lot Dimensions: 94.21 x 150.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.20
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: AC
  • In City Limits: No

Green Features

  • Clean Green Assessed: No
  • R Factor Basement: 11
  • R Factor Ceilings: 49
  • R Factor Ext Walls: 15

Building Info

  • Builder Name: K Hovnanian Homes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5272222
  • School Tax: 1351.00
  • Tax Annual Amount: 1577.00
  • Assessor Parcel Number: NM-00-11203-10-6600-000
  • Tax Lot: 6600-000
  • Tax Total Finished Sq Ft: 2750
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/24/2021

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 18, 2021
Sold by
Howard Geoffrey A and Howard Mikenzie R
Bought by
Viruet Reina
Seller's Agent
Andrew Bryan
Bryan Realty Group
Buyer's Agent
Allan Rathbun
Lester Realty
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%
Current Estimated Value
$551,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,716
Avg. Annual Appreciation
2.44%
Original Mortgage
$217,000
Outstanding Balance
$200,018
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$349,481

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 26, 2019
Sold by
K Hovnanian Homes Of Delaware Llc
Bought by
Howard Geoffrey A and Howard Mikenzie R
Seller's Agent
Michael Kennedy
Compass
Buyer's Agent
Andrew Bryan
Bryan Realty Group
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.71%
Original Mortgage
$309,673
Interest Rate
4%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Viruet Reina $500,000 None Available
Howard Geoffrey A $339,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viruet Reina $217,000
Previous Owner Howard Geoffrey A $309,673
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $500,000 +1.0% $182 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $495,000 +45.6% $180 / Sq Ft
06/26/2019 06/26/19 Sold $339,900 0.0% $100 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $339,900 -- $100 / 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 $2,578 $541,500 $103,900 $437,600
2023 $2,170 $68,700 $4,600 $64,100
2022 $2,052 $68,700 $4,600 $64,100
2021 $1,963 $67,800 $4,600 $63,200
2020 $1,956 $67,800 $4,600 $63,200
2019 $151 $67,800 $4,600 $63,200
2018 $38 $500 $500 $0
2017 $10 $500 $0 $0
2016 $10 $500 $0 $0
2015 $9 $500 $0 $0
2014 $9 $500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2001758

Bright MLS

APN: 7-00-11203-10-6600-000