40 Milo Ct Magnolia, DE 19962
4
Beds
3.5
Baths
2,346
Sq Ft
0.37
Acres
Highlights
- Deck
- Contemporary Architecture
- 1 Fireplace
- Caesar Rodney High School Rated A-
- Wood Flooring
- Community Pool
About This Home
As of October 2022Welcome to 40 Milo Ct! Located in the highly desirable neighborhood of The Reserve at Chestnut Ridge, this home has plenty of elbow room. Nestled on a quiet cul-de-sac, this 4 bedroom, 3.5 bath home offers a vast living space with an abundance of storage options. The finished basement is plenty large enough for relaxing or entertaining and has a finished bonus room and full bath. Plumbing is already ran to a future sink area in the basement, should future the future owner decide to install a sink in a food prep/bar area. The fun oriented community features a clubhouse with in-ground pool, billiards room, a fitness center with TV’s, locked fenced playground, and rec rooms (to rent) for those large gatherings you’d rather not have at your home. There are also new walking trails to enjoy! 40 Milo Ct is 10-15 min from Dover AFB & about 40 min to beaches and outlets.
Last Agent to Sell the Property
Iron Valley Real Estate at The Beach Listed on: 07/07/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,433
Year Built
- Built in 2007
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 40.78 x 135.83
- Cul-De-Sac
- Property is in excellent condition
- Property is zoned AC
HOA Fees
- $52 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Driveway
- On-Street Parking
Home Design
- Contemporary Architecture
- Poured Concrete
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,346 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Laundry on main level
Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 2400-000
- Assessor Parcel Number NM-00-12101-02-2400-000
Community Details
Overview
- $250 Capital Contribution Fee
- Association fees include common area maintenance, pool(s), recreation facility, road maintenance, snow removal
- Premier Property Management HOA
- Resrv Chestnut Ridge Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2021
Closed on
Aug 6, 2021
Sold by
Avilla Pamela H
Bought by
Savage Benjamin
Seller's Agent
Robert McGriffin
Iron Valley Real Estate at The Beach
Buyer's Agent
Margaret Poisson
Century 21 Gold Key-Dover
List Price
$374,900
Sold Price
$374,900
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
$96,135
Avg. Annual Appreciation
5.35%
Original Mortgage
$374,900
Outstanding Balance
$344,557
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$116,063
Purchase Details
Closed on
Jun 27, 2008
Sold by
The Ryland Group Inc
Bought by
Avila Pamela H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 16, 2007
Sold by
Schiff Land Development Company Llc
Bought by
The Ryland Group Inc
Similar Homes in Magnolia, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $374,900 | None Available | |
| Deed | $289,990 | None Available | |
| Deed | $4,590 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $374,900 | VA | |
| Previous Owner | $221,393 | New Conventional | |
| Previous Owner | $234,228 | FHA | |
| Previous Owner | $200,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2022 10/06/22 | Sold | $415,000 | 0.0% | $139 / Sq Ft |
| 08/20/2022 08/20/22 | Pending | -- | -- | -- |
| 08/20/2022 08/20/22 | Price Changed | $415,000 | +1.2% | $139 / Sq Ft |
| 08/16/2022 08/16/22 | For Sale | $410,000 | +9.4% | $137 / Sq Ft |
| 08/06/2021 08/06/21 | Sold | $374,900 | 0.0% | $160 / Sq Ft |
| 07/09/2021 07/09/21 | Pending | -- | -- | -- |
| 07/07/2021 07/07/21 | For Sale | $374,900 | -- | $160 / 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 | $2,063 | $411,100 | $109,700 | $301,400 |
| 2023 | $1,991 | $61,600 | $5,500 | $56,100 |
| 2022 | $1,871 | $61,600 | $5,500 | $56,100 |
| 2021 | $1,429 | $61,600 | $5,500 | $56,100 |
| 2020 | $1,424 | $61,600 | $5,500 | $56,100 |
| 2019 | $1,348 | $61,600 | $5,500 | $56,100 |
| 2018 | $1,705 | $61,600 | $5,500 | $56,100 |
| 2017 | $1,668 | $61,600 | $0 | $0 |
| 2016 | $1,588 | $61,600 | $0 | $0 |
| 2015 | $1,384 | $61,600 | $0 | $0 |
| 2014 | $1,371 | $61,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Lenoir
M
Seller's Agent in 2022
Michael Lenoir
Keller Williams Realty Central-Delaware
(302) 535-1542
8 in this area
92 Total Sales
-
Brooks Noll
Buyer's Agent in 2022
Brooks Noll
Iron Valley Real Estate Premier
(302) 399-9162
2 in this area
52 Total Sales
-
Robert McGriffin
Seller's Agent in 2021
Robert McGriffin
Iron Valley Real Estate at The Beach
(302) 535-2418
10 in this area
79 Total Sales
-
Margaret Poisson
Buyer's Agent in 2021
Margaret Poisson
Century 21 Gold Key-Dover
(302) 338-8180
7 in this area
151 Total Sales
Map
Source: Bright MLS
MLS Number: DEKT2000726
APN: 7-00-12101-02-2400-000
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