NOT LISTED FOR SALE

500 Windrow Way Magnolia, DE 19962

Estimated Value: $449,000 - $494,755

5 Beds
2.5 Baths
3,200 Sq Ft
$150/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $290,000 $91 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,866/month

62 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Wood Flooring
  • Caesar Rodney High School Rated A-
  • Contemporary Architecture
  • Attic

About This Home

As of July 2018

Don't miss this incredible opportunity - DO NOT WAIT!! Welcome to The Reserve at Chestnut Ridge, where you can expect more! This 5 bedroom, 2.5 bath 3200 square foot home is fabulous. The floor plan of The Madison provides classic elegance, and the interior does not disappoint. A light filled two story foyer leads to a traditional living room and dining room. The eat-in, gourmet kitchen layout gives plenty of space for family and friends. The great room also provides additional overflow space for all. The very large and lavish owners suite includes, spacious bathroom with soaker tub, hardwood floors and a large walk-in closet. Who doesn't love that!! Enjoy the finished basement with a walkout. And as a bonus it has an additional large bedroom with full closet, plenty of storage space and a three-piece rough in for a future bathroom in the basement. Another HUGE BONUS ? brand new roof installed January 2018 with a 50-year transferable warranty...you did not read that wrong...a 50-year transferable warranty. And let's not forget the large deck out back. You will enjoy outdoor living at its finest while also enjoying beautiful sunsets in the evenings. The clubhouse offers two pools, a fitness center, future walking trails, and tennis courts. At The Reserve at Chestnut Ridge you will enjoy a small town neighborhood setting and still be close to shopping, great dining and easy access to Rt 13 and Rt. 1, and 15 minutes from DAFB. Come see why so many homeowners have already chosen The Reserve at Chestnut Ridge. Call today for your private tour!

Last Agent to Sell the Property

Debra Carroll

EXP Realty, LLC License #RS-340839 Listed on: 04/12/2018

EXP Realty, LLC

Last Buyer's Agent

Dana Bendel

Bryan Realty Group License #RS-0023637

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,329

Year Built

  • Built in 2008

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 76x140
  • Level Lot
  • Property is in good condition
  • Property is zoned AC

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Shed

Schools

  • W.B. Simpson Elementary School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8700-000
  • Assessor Parcel Number NM-00-12101-02-8700-000

Community Details

Overview

  • Association fees include pool(s), common area maintenance, snow removal, health club
  • $350 Other One-Time Fees
  • Resrv Chestnut Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,329

Year Built

Built in 2008

Lot Details

0

HOA Fees

$44 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2008
  • Remarks Public: Don't miss this incredible opportunity - DO NOT WAIT!! Welcome to The Reserve at Chestnut Ridge, where you can expect more! This 5 bedroom, 2.5 bath 3200 square foot home is fabulous. The floor plan of The Madison provides classic elegance, and the interior does not disappoint. A light filled two story foyer leads to a traditional living room and dining room. The eat-in, gourmet kitchen layout gives plenty of space for family and friends. The great room also provides additional overflow space for all. The very large and lavish owners suite includes, spacious bathroom with soaker tub, hardwood floors and a large walk-in closet. Who doesn't love that!! Enjoy the finished basement with a walkout. And as a bonus it has an additional large bedroom with full closet, plenty of storage space and a three-piece rough in for a future bathroom in the basement. Another HUGE BONUS ? brand new roof installed January 2018 with a 50-year transferable warranty...you did not read that wrong...a 50-year transferable warranty. And let's not forget the large deck out back. You will enjoy outdoor living at its finest while also enjoying beautiful sunsets in the evenings. The clubhouse offers two pools, a fitness center, future walking trails, and tennis courts. At The Reserve at Chestnut Ridge you will enjoy a small town neighborhood setting and still be close to shopping, great dining and easy access to Rt 13 and Rt. 1, and 15 minutes from DAFB. Come see why so many homeowners have already chosen The Reserve at Chestnut Ridge. Call today for your private tour!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Stall Shower, Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Net Sq Ft: 3200.00
  • Price Per Sq Ft: 123.56
  • Above Grade Finished Sq Ft: 2347
  • Below Grade Finished Sq Ft: 853
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 500

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 531.40
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Club House, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Snow Removal, Health Club
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 350.00
  • Other Fees Frequency: One Time

Schools

  • School District: CAESAR RODNEY
  • Elementary School: W.B. SIMPSON
  • School District Key: 300200396889
  • Elementary School: W.B. SIMPSON

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.26
  • Lot Dimensions: 76X140
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10611.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: AC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4769089
  • Tax Annual Amount: 1329.00
  • Assessor Parcel Number: NM-00-12101-02-8700-000
  • Tax Lot: 8700-000
  • Tax Year: 2017
  • Close Date: 07/16/2018

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jul 16, 2018
Sold by
Weichert Workforce Mobility Inc
Bought by
Tsadik Zerfinesh W
Seller's Agent
Debra Carroll
EXP Realty, LLC
Buyer's Agent
Dana Bendel
Bryan Realty Group
List Price
$310,000
Sold Price
$290,000
Premium/Discount to List
-$20,000
-6.45%
Current Estimated Value
$480,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,439
Avg. Annual Appreciation
6.95%
Original Mortgage
$190,000
Outstanding Balance
$166,370
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$296,705

Purchase Details

Closed on
Dec 27, 2007
Sold by
The Ryland Group Inc
Bought by
Adams Steven T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,095
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2007
Sold by
Schiff Land Development Co Llc
Bought by
The Ryland Group Inc
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
Tsadik Zerfinesh W $290,000 Brennan Title Company
Weichert Workforce Mobility Inc $290,000 Brennan Title Company
Adams Steven T $333,093 None Available
The Ryland Group Inc $231,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsadik Zerfinesh W $190,000
Previous Owner Adams Steven T $298,134
Previous Owner Adams Steven T $283,095
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $290,000 0.0% $91 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
06/04/2018 06/04/18 Price Changed $290,000 -3.3% $91 / Sq Ft
05/12/2018 05/12/18 Price Changed $299,900 -1.7% $94 / Sq Ft
04/28/2018 04/28/18 Price Changed $305,000 -1.6% $95 / Sq Ft
04/12/2018 04/12/18 For Sale $310,000 -- $97 / 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 $2,032 $406,400 $103,300 $303,100
2023 $2,060 $64,800 $4,500 $60,300
2022 $1,947 $64,800 $4,500 $60,300
2021 $1,904 $64,800 $4,500 $60,300
2020 $1,898 $64,800 $4,500 $60,300
2019 $1,820 $64,800 $4,500 $60,300
2018 $1,748 $63,600 $4,500 $59,100
2017 $1,710 $63,600 $0 $0
2016 $1,629 $63,600 $0 $0
2015 $1,418 $63,600 $0 $0
2014 $1,406 $63,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000387460

Bright MLS

APN: 7-00-12101-02-8700-000