509 Cypress Dr Magnolia, DE 19962
Rising Sun-Lebanon NeighborhoodEstimated Value: $258,000 - $433,000
3
Beds
2
Baths
1,128
Sq Ft
$297/Sq Ft
Est. Value
Highlights
- Rambler Architecture
- 1 Fireplace
- Eat-In Kitchen
- Allen Frear Elementary School Rated A
- No HOA
- Cooling System Utilizes Bottled Gas
About This Home
As of December 2016Great ranch home in a nice neighborhood. Enter into the foyer / great room with fire place. The bright and open kitchen with dining area is beyond. To the left is the master suite with ensuite bath and walk in closet. Master is private and separate from two additional bedrooms and hall bath that are located to the right of the living / great room. This house has a large lot and tons of potential. The attached two-car garage and large shed are also a huge plus.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $722
Year Built
- Built in 2004
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 62x172
- Property is zoned RMH
Home Design
- Rambler Architecture
- Aluminum Siding
Interior Spaces
- 1,128 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Living Room
- Dining Room
- Eat-In Kitchen
- Laundry on main level
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Parking
- 3 Open Parking Spaces
- 5 Parking Spaces
Schools
- W.B. Simpson Elementary School
Utilities
- Cooling System Utilizes Bottled Gas
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Propane
- Well
- Propane Water Heater
- On Site Septic
Community Details
- No Home Owners Association
- Cypress Gdns Subdivision
Listing and Financial Details
- Tax Lot 1900-000
- Assessor Parcel Number NM-00-09520-01-1900-000
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
88
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
Listed on
Aug 8, 2016
Closed on
Dec 28, 2016
Sold by
Newman Lewis and Newman Donna
Bought by
Outler Raymond
Seller's Agent
Lisa Marie
RE/MAX Edge
Buyer's Agent
Deborah Phipps
Empower Real Estate, LLC
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
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
Lisa Marie
RE/MAX Edge
List Price
$145,777
Sold Price
$139,000
Premium/Discount to List
-$6,777
-4.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
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
Lisa Marie
RE/MAX Edge
List Price
$145,777
Sold Price
$139,000
Premium/Discount to List
-$6,777
-4.65%
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
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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 |
|---|---|---|---|---|
| 12/28/2016 12/28/16 | Sold | $175,000 | -2.7% | $155 / Sq Ft |
| 11/04/2016 11/04/16 | Pending | -- | -- | -- |
| 10/22/2016 10/22/16 | For Sale | $179,900 | 0.0% | $159 / Sq Ft |
| 10/03/2016 10/03/16 | Pending | -- | -- | -- |
| 08/08/2016 08/08/16 | For Sale | $179,900 | +29.4% | $159 / Sq Ft |
| 09/30/2014 09/30/14 | Sold | $139,000 | -0.6% | $123 / Sq Ft |
| 08/05/2014 08/05/14 | Pending | -- | -- | -- |
| 07/16/2014 07/16/14 | Price Changed | $139,900 | -4.0% | $124 / Sq Ft |
| 07/09/2014 07/09/14 | For Sale | $145,777 | -- | $129 / 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 | $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
-
Lisa Marie
Seller's Agent in 2016
Lisa Marie
RE/MAX
(302) 753-8367
119 Total Sales
-
Deborah Phipps
Buyer's Agent in 2016
Deborah Phipps
Empower Real Estate, LLC
(302) 737-6434
1 in this area
187 Total Sales
-
Steve Schmidt
Seller's Agent in 2014
Steve Schmidt
RE/MAX
(302) 678-4326
3 in this area
156 Total Sales
-
Barbara Schmidt
Seller Co-Listing Agent in 2014
Barbara Schmidt
RE/MAX
(302) 242-2737
1 in this area
49 Total Sales
Map
Source: Bright MLS
MLS Number: 1003965007
APN: 7-00-09520-01-1900-000
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