509 Cypress Dr Unit 1 Magnolia, DE 19962
Rising Sun-Lebanon NeighborhoodEstimated Value: $258,000 - $433,000
3
Beds
2
Baths
--
Sq Ft
10,019
Sq Ft Lot
Highlights
- Rambler Architecture
- No HOA
- Living Room
- Allen Frear Elementary School Rated A
- Attached Garage
- En-Suite Primary Bedroom
About This Home
As of September 2014A real bargain, this home needs a little TLC but is a great buy. Located in the CR school district on a nice sized lot. Split bedroom design with large living room with gas fireplace. Sold as is. Conventional or cash offer only.
Last Agent to Sell the Property
RE/MAX Horizons License #RB-0031118 Listed on: 07/09/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $469
Year Built
- 2004
Lot Details
- 10,019 Sq Ft Lot
Parking
- Attached Garage
Home Design
- Rambler Architecture
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- Property has 1 Level
- Living Room
- Dining Room
- Carpet
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Utilities
- Central Air
- Cooling System Utilizes Bottled Gas
- Heating System Uses Propane
- Well
- Low Pressure Pipe
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 7-00.00-9520.00-01
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 14, 2025
Sold by
Outler Raymond
Bought by
Outler Raymond and Outler Robin
Total Days on Market
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$274,536
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
$36,766
Purchase Details
Closed on
Dec 28, 2016
Sold by
Newman Lewis and Newman Donna
Bought by
Outler Raymond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.03%
Mortgage Type
VA
Purchase Details
Listed on
Jul 9, 2014
Closed on
Sep 22, 2014
Sold by
Jpmorgan Chase Bank Na
Bought by
U S Department Of Veterans Affairs
Seller's Agent
Steve Schmidt
RE/MAX Horizons
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$139,000
Sold Price
$139,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$75,000
Interest Rate
4.11%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 9, 2014
Closed on
Aug 18, 2014
Sold by
Jpmorgan Chase Bank Na
Bought by
Newman Lewis and Newman Donna
Seller's Agent
Steve Schmidt
RE/MAX Horizons
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$139,000
Sold Price
$139,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 5, 2013
Sold by
Matas Scheuerer Michael T and Matas Scheuerer Sarah K
Bought by
Jpmorgan Chase Bank Na
Purchase Details
Closed on
Mar 15, 2006
Sold by
Peregoy Maynard B and Peregoy Charity W
Bought by
Matas Scheuerer Michael T and Matas Scheuerer Sarah K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,536
Interest Rate
6.32%
Mortgage Type
VA
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Outler Raymond | -- | None Listed On Document | |
| Outler Raymond | -- | None Listed On Document | |
| Outler Raymond | $175,000 | None Available | |
| U S Department Of Veterans Affairs | -- | None Available | |
| Newman Lewis | $139,000 | Liberty Title & Escrow Co | |
| Jpmorgan Chase Bank Na | -- | None Available | |
| Matas Scheuerer Michael T | $6,330 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Outler Raymond | $275,000 | |
| Closed | Outler Raymond | $275,000 | |
| Previous Owner | Outler Raymond | $215,000 | |
| Previous Owner | Cutler Raymond | $167,607 | |
| Previous Owner | Outler Raymond | $175,000 | |
| Previous Owner | Newman Lewis | $75,000 | |
| Previous Owner | Matas Scheuerer Michael | $209,254 | |
| Previous Owner | Matas Scheuerer Michael T | $215,536 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2014 09/30/14 | Sold | $139,000 | 0.0% | -- |
| 08/05/2014 08/05/14 | Pending | -- | -- | -- |
| 07/09/2014 07/09/14 | For Sale | $139,000 | -- | -- |
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 | $469 | $288,600 | $90,900 | $197,700 |
| 2023 | $1,299 | $37,000 | $6,500 | $30,500 |
| 2022 | $1,233 | $37,000 | $6,500 | $30,500 |
| 2021 | $1,216 | $37,000 | $6,500 | $30,500 |
| 2020 | $1,185 | $37,000 | $6,500 | $30,500 |
| 2019 | $1,151 | $37,000 | $6,500 | $30,500 |
| 2018 | $1,121 | $37,000 | $6,500 | $30,500 |
| 2017 | $1,098 | $37,000 | $0 | $0 |
| 2016 | $977 | $35,300 | $0 | $0 |
| 2015 | $856 | $35,300 | $0 | $0 |
| 2014 | $857 | $35,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Schmidt
Seller's Agent in 2014
Steve Schmidt
RE/MAX
(302) 678-4326
3 in this area
156 Total Sales
-
datacorrect BrightMLS
d
Buyer's Agent in 2014
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: 1001197634
APN: 7-00-09520-01-1900-000
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