NOT LISTED FOR SALE

387 Cinnamon Way Magnolia, DE 19962

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

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

Highlights

  • Contemporary Architecture
  • Recreation Room
  • Home Gym
  • Caesar Rodney High School Rated A-
  • Community Pool
  • Library

About This Home

As of October 2021

This home is located at 387 Cinnamon Way, Magnolia, DE 19962 since 08 October 2021 and is currently priced at $551,716. This property was built in 2019. 387 Cinnamon Way is a home located in Kent County with nearby schools including Star Hill Elementary School, F. Niel Postlethwait Middle School, and Caesar Rodney High School.

Last Agent to Rent the Property

Allan Rathbun

Lester Realty Listed on: 10/08/2021

Last Renter's Agent

Barbara Wallace

Long & Foster Real Estate, Inc. License #79926

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 2019

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 94.21 x 150.04
  • Property is zoned AC

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,750 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Library
  • Recreation Room
  • Storage Room
  • Home Gym
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,500
  • 12-Month Lease Term
  • Available 10/15/21
  • Assessor Parcel Number NM-00-11203-10-6600-000

Community Details

Overview

  • Chestnut Ridge Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,578

Year Built

Built in 2019

Lot Details

0

Rental Info

  • Date Available: 2021-10-15
  • Pets Allowed: No
  • Security Deposit: 2500.00
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Library, Exercise Room, Recreation Room, Storage Room
  • Basement: Yes
  • Basement Type: Daylight, Full
  • Total Sq Ft: 2750
  • Living Area Sq Ft: 2750
  • Price Per Sq Ft: 0.91
  • 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, Below Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: 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: Community

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 94.21 x 150.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Zoning: AC

Tax Info

  • Assessor Parcel Number: 5272222
  • Assessor Parcel Number: NM-00-11203-10-6600-000
  • Tax Total Finished Sq Ft: 2750
  • Close Date: 10/25/2021

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Sep 18, 2021
Sold by
Howard Geoffrey A and Howard Mikenzie R
Bought by
Viruet Reina
Seller's Agent
Allan Rathbun
Lester Realty
Buyer's Agent
Barbara Wallace
Long & Foster Real Estate, Inc.
Sold Price
$2,500
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
$549,216
Original Mortgage
$217,000
Outstanding Balance
$200,018
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$349,481

Purchase Details

Closed on
Jun 26, 2019
Sold by
K Hovnanian Homes Of Delaware Llc
Bought by
Howard Geoffrey A and Howard Mikenzie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,673
Interest Rate
4%
Mortgage Type
VA
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
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
10/25/2021 10/25/21 Rented $2,500 0.0% --
10/08/2021 10/08/21 For Rent $2,500 -- --
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

  • A

    Landlord's Agent in 2021

    Allan Rathbun

    Lester Realty

    (302) 670-7243

    2 in this area

    62 Total Sales

    Allan Rathbun
    Section Image
  • Barbara Wallace

    Tenant's Agent in 2021

    Barbara Wallace

    Long & Foster

    (410) 490-4062

    33 Total Sales

    Barbara Wallace
    Section Image
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Map

Source: Bright MLS

MLS Number: DEKT2003686

Bright MLS

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

Delaware Kent County Magnolia 19962

387 Cinnamon Way, Magnolia, DE

This home is located at 387 Cinnamon Way, Magnolia, DE 19962 since 08 October 2021 and is currently priced at $551,716. This property was built in 2019. 387 Cinnamon Way is a home located in Kent County with nearby schools including Star Hill Elementary School, F. Niel Postlethwait Middle School, and Caesar Rodney High School.

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