NOT LISTED FOR SALE

513 Cypress Dr Magnolia, DE 19962

Rising Sun-Lebanon Neighborhood

Estimated Value: $392,000 - $425,065

4 Beds
2.5 Baths
2,339 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $196,500 $84 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,272/month

128 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Back, Front, and Side Yard
  • Allen Frear Elementary School Rated A
  • 1 Car Attached Garage
  • Patio

About This Home

As of May 2016

APPROVED SHORT SALE; QUICK SETTLEMENT!! Wait no longer; this fabulous Cape Code was built with love, style and longevity. It features four bedrooms, a formal living room with a fireplace, family room, full kitchen with breakfast nook and eat-in area; also features, tiled flooring and backsplash and updated top of the line stainless steel appliances. The pride and joy is the completely enclosed 24x16 sunroom with two ceiling fans,fully heated and air conditioned (Sunroom adds an additional 376sqf to a new total 2706sqf total living space). The sunroom walks-out to a quant patio which is an oasis surrounded by a fully lined yard of evergreen trees. This home is nestled in and has all the makings of a tranquil life. Home has been maintained and is in immaculate condition. This property qualifies financing through the USDA program, request additional information from your lender today.

Last Agent to Sell the Property

Shonda Kelly

KW Empower License #RA-0020799 Listed on: 11/15/2015

KW Empower

Last Buyer's Agent

Sylvia Pankonien

RE/MAX Horizons License #RS-018159

RE/MAX Horizons

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1998

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Level Lot
  • Open Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned RMH

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,339 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Area
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Shed

Schools

  • W.B. Simpson Elementary School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Hot Water Heating System
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cypress Gdns Subdivision

Listing and Financial Details

  • Tax Lot 1700-000
  • Assessor Parcel Number NM-00-09520-01-1700-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,180

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Ceiling Fan In Kitchen, Microwave, Screen Door On Sunroom Entrance Way
  • Inclusions: Blinds In Sun Room
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1998
  • Remarks Public: APPROVED SHORT SALE; QUICK SETTLEMENT!! Wait no longer; this fabulous Cape Code was built with love, style and longevity. It features four bedrooms, a formal living room with a fireplace, family room, full kitchen with breakfast nook and eat-in area; also features, tiled flooring and backsplash and updated top of the line stainless steel appliances. The pride and joy is the completely enclosed 24x16 sunroom with two ceiling fans,fully heated and air conditioned (Sunroom adds an additional 376sqf to a new total 2706sqf total living space). The sunroom walks-out to a quant patio which is an oasis surrounded by a fully lined yard of evergreen trees. This home is nestled in and has all the makings of a tranquil life. Home has been maintained and is in immaculate condition. This property qualifies financing through the USDA program, request additional information from your lender today.
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Water Treat System, Dining Area
  • Window Features: Energy Efficient
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2339
  • Living Area Sq Ft: 2339
  • Net Sq Ft: 2339.00
  • Price Per Sq Ft: 84.01
  • Above Grade Finished Sq Ft: 2339
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 513

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Exterior Features: Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Type: Heat Pump - Electric Backup, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level, Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.34
  • Lot Dimensions: 100X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: RMH

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2463407
  • Tax Annual Amount: 1180.00
  • Assessor Parcel Number: NM-00-09520-01-1700-000
  • Tax Lot: 1700-000
  • Tax Year: 2015
  • Close Date: 05/24/2016

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2015
Closed on
May 23, 2016
Sold by
Corbett David S and Corbett Jessilene E
Bought by
Ongaco Robert D and Ongaco Grace A
Seller's Agent
Shonda Kelly
KW Empower
Buyer's Agent
Sylvia Pankonien
RE/MAX Horizons
List Price
$205,000
Sold Price
$196,500
Premium/Discount to List
-$8,500
-4.15%
Current Estimated Value
$410,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,516
Avg. Annual Appreciation
8.18%

Purchase Details

Closed on
Nov 24, 2010
Sold by
Corbett David S and Corbett Jessilene E
Bought by
Corbett David S and Corbett Jessilene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,687
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
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
Ongaco Robert D $196,500 Attorney
Corbett David S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corbett David S $226,687
Previous Owner Corbett David S $224,739
Previous Owner Corbett David S $8,373,624
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2016 05/24/16 Sold $196,500 0.0% $84 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/07/2016 03/07/16 Price Changed $196,500 -1.5% $84 / Sq Ft
01/15/2016 01/15/16 Price Changed $199,500 -2.7% $85 / Sq Ft
11/15/2015 11/15/15 For Sale $205,000 -- $88 / 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 $508 $372,200 $84,100 $288,100
2023 $484 $56,700 $6,000 $50,700
2022 $471 $56,700 $6,000 $50,700
2021 $1,599 $52,700 $6,000 $46,700
2020 $1,562 $52,700 $6,000 $46,700
2019 $1,513 $52,700 $6,000 $46,700
2018 $1,471 $52,700 $6,000 $46,700
2017 $1,438 $52,700 $0 $0
2016 $1,357 $52,700 $0 $0
2015 $1,180 $52,700 $0 $0
2014 $1,178 $52,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shonda Kelly

    Seller's Agent in 2016

    Shonda Kelly

    KW Empower

    (302) 922-0434

    3 in this area

    129 Total Sales

    Shonda Kelly
    Section Image
  • Sylvia Pankonien

    Buyer's Agent in 2016

    Sylvia Pankonien

    RE/MAX

    (302) 284-7070

    2 in this area

    47 Total Sales

    Sylvia Pankonien
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002737352

Bright MLS

APN: 7-00-09520-01-1700-000

Delaware Kent County Magnolia 19962 Rising Sun-Lebanon

513 Cypress Dr, Magnolia, DE

This home is located at 513 Cypress Dr, Magnolia, DE 19962 since 15 November 2015 and is currently estimated at $410,016, approximately $175 per square foot. This property was built in 1998. 513 Cypress Dr is a home located in Kent County with nearby schools including Allen Frear Elementary School, F. Niel Postlethwait Middle School, and Caesar Rodney High School.

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