524 Arrowgrass Ln New Castle, DE 19720
2
Beds
2
Baths
1,878
Sq Ft
$195/mo
HOA Fee
Highlights
- Bar or Lounge
- New Construction
- Gated Community
- Fitness Center
- Senior Living
- Colonial Architecture
About This Home
As of April 2025Quick Delivery home built by Gemcraft Homes. The Magnolia II villa features 2 bedrooms, 2 baths with the option of adding 2 additional bedrooms and 1 additional bath upstairs.
Amenities for HOA include: Outdoor Deck, Great Room, Sports Bar, Fitness Center, Indoor Pool, Gathering Room, Craft Room, Library, and Large Community Kitchen. Common area maintenance, lawn care, trash pick-up, snow removal and mulch (1x a year) all included in HOA fees. 198 home community. *Photos shown may have upgrades that are optional and are used for marketing purposes.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $112
Lot Details
- 4,356 Sq Ft Lot
- Property is in excellent condition
HOA Fees
- $195 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
Home Design
- New Construction
- Colonial Architecture
- Blown-In Insulation
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
- Stick Built Home
- CPVC or PVC Pipes
Interior Spaces
- 1,878 Sq Ft Home
- Property has 2 Levels
- Ceiling height of 9 feet or more
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
Utilities
- 90% Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number NO TAX ID
Community Details
Overview
- Senior Living
- $1,500 Capital Contribution Fee
- Association fees include cable TV, common area maintenance, health club, lawn maintenance, pool(s), recreation facility, road maintenance, snow removal, trash
- $50 Other Monthly Fees
- Senior Community | Residents must be 55 or older
- Built by GEMCRAFT HOMES
- Riverbend Subdivision, Magnolia Ii Elev. A Floorplan
Amenities
- Clubhouse
- Billiard Room
- Community Center
- Meeting Room
- Party Room
- Community Library
- Recreation Room
- Bar or Lounge
- Elevator
Recreation
- Fitness Center
- Community Indoor Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2025
Closed on
May 16, 2025
Sold by
Tricorner-Gemcraft Homes Llc
Bought by
Sport Laura
Seller's Agent
Nicole Strahorn
Gregg Team Realty
Buyer's Agent
Nicole Strahorn
Gregg Team Realty
List Price
$494,888
Sold Price
$494,888
Views
55
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
$505
Avg. Annual Appreciation
-5.20%
Original Mortgage
$470,144
Outstanding Balance
$469,744
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$17,805
Purchase Details
Closed on
Mar 26, 2021
Sold by
Route 9 Old New Castle Llc
Bought by
Freedom Development Llc
Purchase Details
Closed on
Jun 1, 2012
Sold by
Route 9 Old New Castle Llc
Bought by
Route 9 Old New Castle Llc
Similar Homes in New Castle, 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $494,888 | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Special Warranty Deed | $6,200,000 | None Available | |
| Sheriffs Deed | $4,500,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $470,144 | New Conventional | |
| Previous Owner | $1,714,708 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Sold | $494,888 | 0.0% | $264 / Sq Ft |
| 04/04/2025 04/04/25 | Pending | -- | -- | -- |
| 01/16/2025 01/16/25 | For Sale | $494,888 | -- | $264 / 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 | $112 | $3,900 | $3,900 | $0 |
| 2023 | $101 | $3,900 | $3,900 | $0 |
| 2022 | $105 | $3,900 | $3,900 | $0 |
| 2021 | $104 | $3,900 | $3,900 | $0 |
| 2020 | $0 | $3,900 | $3,900 | $0 |
| 2019 | $0 | $3,900 | $3,900 | $0 |
| 2018 | $0 | $3,900 | $3,900 | $0 |
| 2017 | -- | $3,900 | $3,900 | $0 |
| 2016 | -- | $3,900 | $3,900 | $0 |
| 2015 | -- | $3,900 | $3,900 | $0 |
| 2014 | $84 | $3,900 | $3,900 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Strahorn
Seller's Agent in 2025
Nicole Strahorn
Gregg Team Realty
(410) 920-1180
43 in this area
122 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2074670
APN: 21-016.00-034
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