Seller's Agent in 2016
Susan Hessler
Patterson Schwartz
(302) 270-8427
2 in this area
61 Total Sales
48 Big Hat Ln Magnolia, DE 19962
Estimated Value: $488,000 - $635,000
4
Beds
2.5
Baths
2,517
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Paddocks
- Spa
- Cape Cod Architecture
- Allen Frear Elementary School Rated A
- 9.6 Acre Lot
- Barn or Farm Building
About This Home
As of May 2016Simply stated, this 9.6 acre multi-use property is a unique opportunity to own a custom home on enough land for horses, and includes two, 2 acre lots (Kent County approved minor subdivision) for 2 additional homes! Located 35 miles north of Rehoboth Beach, 95 miles east of Wash DC, or 90 miles South of Philadelphia, this beautiful property is accessed by a private lane and offers wooded views and wildlife galore! It"s perfect for those desiring space for large motor homes, boats, or looking for investment options for the future. As you enter this custom cape through the covered front porch you will appreciate the open floor plan. The great room has a cathedral ceiling and floor to ceiling stone Regency gas log fireplace. This room overlooks the tree lined property and has access to the rear covered porch. The large kitchen has lots of counter and cabinet space with an island that seats 5. A breakfast area with a large bay window is a great place to have your morning coffee! The floor plan could accommodate an in-law suite since three bedrooms and a full bath are segregated to one side of the home. On the opposite side is the main bedroom suite with a tray ceiling and sliding doors leading to the porch and hot tub. The full bath includes a jetted soaking tub, shower and double vanity along with a walk in closet to complete this owners" private oasis. Upstairs is located a 14 x 21 bonus room that provides a flexible space for lots of uses. A 30 x 40 Pole Barn, with hayloft and south facing extension shed roof, has 20 amp electric service, running water and a 2.5 acre fenced corral. The 16 x 10 tool shed (also with 20 amp service) and the over-sized two car garage provides lots of space for a workshop and storage. This home is located in the CR School District and just 1 mile to freeway access. The 9.6 acres is comprised of 4 separately deeded parcels: the house and barn on 4.5 acres, 2 (two), 2-Acre building lots, and the private road on 1.1 acres.Sale must include tax parcels; 8-00-11300-020602-00001(4.5) 8-001-11300-02-0605-00001(1.1A),8-00-11300-02-0603-00001(2A),8-00-11300-02-0604-00001(2A)all This unparalleled value will be sold together. No exceptions.
Last Agent to Sell the Property
(302) 270-8427 shessler@psre.com Patterson-Schwartz-Dover License #R3-0015561 Listed on: 10/12/2015
Co-Listed By
Gary Corsiglia
gcorsiglia@psre.com Patterson-Schwartz-Dover
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,597
Year Built
- Built in 2000
Lot Details
- 9.6 Acre Lot
- Property is in good condition
- Property is zoned AC
Parking
- 2 Car Direct Access Garage
- 3 Open Parking Spaces
- Oversized Parking
- Garage Door Opener
Home Design
- Cape Cod Architecture
- Brick Foundation
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,517 Sq Ft Home
- Property has 1.5 Levels
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Stone Fireplace
- Gas Fireplace
- Bay Window
- Living Room
- Dining Room
- Attic
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Self-Cleaning Oven
- Built-In Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wall to Wall Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- In-Law or Guest Suite
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
Outdoor Features
- Spa
- Porch
Schools
- Allen Frear Elementary School
- Postlethwait Middle School
- Caesar Rodney High School
Utilities
- Cooling System Utilizes Bottled Gas
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Propane
- Well
- Electric Water Heater
- On Site Septic
- Cable TV Available
Additional Features
- Barn or Farm Building
- Paddocks
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number SM-00-11300-02-0602-00001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2015
Closed on
May 24, 2016
Sold by
Spicola Kathleen V
Bought by
Mazol Richard A and Mitten Yvonne E
Seller's Agent
Susan Hessler
Patterson-Schwartz-Dover
Buyer's Agent
RUTH KOSIKOWSKI
Myers Realty
List Price
$499,000
Sold Price
$415,000
Premium/Discount to List
-$84,000
-16.83%
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
$126,143
Avg. Annual Appreciation
3.91%
Purchase Details
Closed on
Jun 30, 2005
Sold by
Leighty Harvey D and Leighty Myra W
Bought by
Spicola Richard D and Spicola Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.67%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mazol Richard A | $415,000 | Attorney | |
| Spicola Richard D | $435,000 | None Available | |
| Stubbs Frances Steenburg | $15,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stubbs Frances Steenburg | $290,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/24/2016 05/24/16 | Sold | $415,000 | -13.4% | $165 / Sq Ft |
| 02/22/2016 02/22/16 | Pending | -- | -- | -- |
| 01/06/2016 01/06/16 | Price Changed | $479,000 | -4.0% | $190 / Sq Ft |
| 10/12/2015 10/12/15 | For Sale | $499,000 | -- | $198 / 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 |
|---|---|---|---|---|
| 2025 | $1,940 | $485,000 | $136,800 | $348,200 |
| 2024 | $1,940 | $485,000 | $136,800 | $348,200 |
| 2023 | $2,119 | $82,900 | $11,300 | $71,600 |
| 2022 | $2,001 | $82,900 | $11,300 | $71,600 |
| 2021 | $1,985 | $82,900 | $11,300 | $71,600 |
| 2020 | $1,952 | $82,900 | $11,300 | $71,600 |
| 2019 | $1,790 | $79,100 | $11,300 | $67,800 |
| 2018 | $1,731 | $79,300 | $11,300 | $68,000 |
| 2017 | $1,682 | $79,300 | $0 | $0 |
| 2016 | $1,647 | $79,300 | $0 | $0 |
| 2015 | $890 | $79,300 | $0 | $0 |
| 2014 | -- | $79,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Hessler
-
G
Seller Co-Listing Agent in 2016
Gary Corsiglia
Patterson Schwartz
-
R
Buyer's Agent in 2016
RUTH KOSIKOWSKI
Myers Realty
Map
Source: Bright MLS
MLS Number: 1002717702
APN: 8-00-11300-02-0602-000
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