NOT LISTED FOR SALE

531 Cypress Dr Magnolia, DE 19962

Rising Sun-Lebanon Neighborhood

Estimated Value: $282,000 - $347,000

3 Beds
2 Baths
1,196 Sq Ft
$267/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $229,900 $192 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,850/month

5 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • 1 Car Attached Garage
  • Allen Frear Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2020

Schedule your showing today to come see this better-see-see-to-believe!! completely-remodeled rancher with upgrades galore! This home features marble tile kitchen floors, upgraded kitchen cabinets, granite counter tops, stainless steel appliances, an upgraded ornate dining room chandelier, tiled bathrooms with tile showers, upgraded laminate flooring, and a fenced in backyard. This property offers all of this and more, all while being situated in a central location within the Caesar Rodney school district! Come see it today!

Last Agent to Sell the Property

Gilbert Myers

Myers Realty License #RB-0020472 Listed on: 03/12/2020

Last Buyer's Agent

Jill Sussman

Sky Realty License #5756409

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 1991

Lot Details

  • 0.38 Acre Lot
  • Property is zoned RMH

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,196 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association
  • Cypress Gdns Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7-00-09520-02-2200-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,156

Year Built

Built in 1991

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1991
  • Remarks Public: Schedule your showing today to come see this better-see-see-to-believe!! completely-remodeled rancher with upgrades galore! This home features marble tile kitchen floors, upgraded kitchen cabinets, granite counter tops, stainless steel appliances, an upgraded ornate dining room chandelier, tiled bathrooms with tile showers, upgraded laminate flooring, and a fenced in backyard. This property offers all of this and more, all while being situated in a central location within the Caesar Rodney school district! Come see it today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1196
  • Living Area Sq Ft: 1196
  • Price Per Sq Ft: 192.22
  • Above Grade Finished Sq Ft: 1196
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 531

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Spa: No
  • 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: 1
  • Garage Features: Built In
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: CAESAR RODNEY
  • School District Key: 300200396889
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.38
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16552.80
  • Year Assessed: 2019
  • Zoning: RMH
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 664.42
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1156.00
  • Assessor Parcel Number: 7-00-09520-02-2200-00001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/18/2020

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
May 18, 2020
Sold by
Daniel Lin Properties Llc
Bought by
Rodriguez Lourdes and Morales Jaime
Seller's Agent
Gilbert Myers
Myers Realty
Buyer's Agent
Jill Sussman
Sky Realty
List Price
$229,900
Sold Price
$229,900
Current Estimated Value
$319,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,652
Avg. Annual Appreciation
5.51%
Original Mortgage
$232,222
Outstanding Balance
$208,462
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$96,985

Purchase Details

Closed on
Oct 25, 2019
Sold by
Hudson Doug E
Bought by
Daniel Lin Properties Llc

Purchase Details

Closed on
Aug 1, 1991
Bought by
Hudson Doug E
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
Rodriguez Lourdes $229,900 None Available
Daniel Lin Properties Llc $104,000 None Available
Hudson Doug E $95,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Lourdes $232,222
Previous Owner Hudson Doug E $183,760
Previous Owner Hudson Douglas E $161,500
Previous Owner Hudson Doug E $25,670
Previous Owner Hudson Doug E $19,341
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2020 05/18/20 Sold $229,900 0.0% $192 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $229,900 -- $192 / 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 $1,458 $270,600 $89,200 $181,400
2023 $1,303 $36,700 $6,400 $30,300
2022 $1,238 $36,700 $6,400 $30,300
2021 $1,221 $36,700 $6,400 $30,300
2020 $1,190 $36,700 $6,400 $30,300
2019 $1,156 $36,700 $6,400 $30,300
2018 $1,126 $36,700 $6,400 $30,300
2017 $1,104 $36,700 $0 $0
2016 $1,030 $36,700 $0 $0
2015 -- $36,700 $0 $0
2014 -- $36,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gilbert Myers

    Seller's Agent in 2020

    Gilbert Myers

    Myers Realty

    (302) 363-3950

    1 in this area

    117 Total Sales

    Gilbert Myers
    Section Image
  • Jill Sussman

    Buyer's Agent in 2020

    Jill Sussman

    Sky Realty

    (302) 399-9129

    3 in this area

    114 Total Sales

    Jill Sussman
    Section Image
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Map

Source: Bright MLS

MLS Number: DEKT237048

Bright MLS

APN: 7-00-09520-02-2200-000

Delaware Kent County Magnolia 19962 Rising Sun-Lebanon

531 Cypress Dr, Magnolia, DE

This home is located at 531 Cypress Dr, Magnolia, DE 19962 since 12 March 2020 and is currently estimated at $319,552, approximately $267 per square foot. This property was built in 1991. 531 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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