Seller's Agent in 2024
Nicole Strahorn
Gregg Team Realty
(410) 920-1180
43 in this area
122 Total Sales
532 Arrowgrass Ln New Castle, DE 19720
Estimated Value: $500,000 - $562,000
3
Beds
2.5
Baths
1,878
Sq Ft
$282/Sq Ft
Est. Value
Highlights
- Bar or Lounge
- New Construction
- Gated Community
- Fitness Center
- Senior Living
- Clubhouse
About This Home
As of February 2024MOVE IN READY....The Magnolia II is a two-car garage villa home with a spacious floor plan and an open living space. The home design comes standard with 2 bedrooms and 2.5 baths. The first-floor level features a centrally located Kitchen and informal dining area with a huge kitchen island that is open to the Dinette and the two-story Great Room. Enhance this space by adding a fireplace in the Great Room. The Owner's Suite, located on the first-floor level, features amenities such as an ensuite bath with a walk-in closet. A Laundry Room, that doubles as a drop zone, with a powder room attached to the garage entry, completes the first-floor level. The second-floor level comes standard with a second bedroom, hall bath, loft, and a finished storage room with ample space and the potential for use beyond its intention. Optional features include granite countertops, painted cabinets, venetian owners bath, deck and finished basement. 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
- $2,503
Year Built
- Built in 2022 | New Construction
Lot Details
- 3,049 Sq Ft Lot
- Property is in excellent condition
HOA Fees
- $195 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Villa
- Permanent Foundation
- Blown-In Insulation
- Shingle Roof
- Vinyl Siding
- Stick Built Home
- CPVC or PVC Pipes
Interior Spaces
- 1,878 Sq Ft Home
- Property has 2 Levels
- Great Room
- Dining Room
- Loft
- Storage Room
Kitchen
- Electric Oven or Range
- <<builtInMicrowave>>
- Dishwasher
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Basement
- Connecting Stairway
- Rough-In Basement Bathroom
Utilities
- 90% Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 21-016.00-037
Community Details
Overview
- Senior Living
- $250 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 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
Closed on
Jul 28, 2023
Sold by
Tricorner - Gemcraft Homes Llc
Bought by
Pierce Melvin and Pierce Valerie Elaine
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
$151,075
Outstanding Balance
$139,312
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$383,482
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
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 |
|---|---|---|---|
| Pierce Melvin | -- | None Listed On Document | |
| Tricorner-Gemcraft Homes Llc | -- | None Listed On Document | |
| Freedom Development Llc | $6,200,000 | None Available | |
| Route 9 Old New Castle Llc | $4,500,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pierce Melvin | $151,075 | |
| Previous Owner | Tricorner-Gemcraft Homes Llc | $286,722 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2024 02/01/24 | Sold | $451,740 | 0.0% | $241 / Sq Ft |
| 06/26/2023 06/26/23 | Price Changed | $451,740 | +6.3% | $241 / Sq Ft |
| 05/17/2023 05/17/23 | Pending | -- | -- | -- |
| 01/30/2023 01/30/23 | Price Changed | $424,990 | -1.2% | $226 / Sq Ft |
| 01/20/2023 01/20/23 | For Sale | $429,990 | -- | $229 / 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 | $2,503 | $87,200 | $3,500 | $83,700 |
| 2023 | $91 | $3,500 | $3,500 | $0 |
| 2022 | $94 | $3,500 | $3,500 | $0 |
| 2021 | $93 | $3,500 | $3,500 | $0 |
| 2020 | $0 | $3,500 | $3,500 | $0 |
| 2019 | $0 | $3,500 | $3,500 | $0 |
| 2018 | $0 | $3,500 | $3,500 | $0 |
| 2017 | -- | $3,500 | $3,500 | $0 |
| 2016 | -- | $3,500 | $3,500 | $0 |
| 2015 | -- | $3,500 | $3,500 | $0 |
| 2014 | $76 | $3,500 | $3,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Strahorn
-
Eleanor Lopes
Buyer's Agent in 2024
Eleanor Lopes
EXP Realty, LLC
(609) 304-6125
1 in this area
12 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2037074
APN: 21-016.00-037
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