NOT LISTED FOR SALE

542 Lexington Mill Rd Magnolia, DE 19962

Magnolia Area

Estimated Value: $592,000 - $1,071,793

5 Beds
4.5 Baths
6,414 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2019

Last sale price $495,000 $77 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,686 / mo

581 Days on Market

Highlights

  • Private Pool
  • 12.5 Acre Lot
  • Contemporary Architecture
  • Caesar Rodney High School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of August 2019

NOW UNDER 500K! Priced to sell! A one-of-a-kind retreat with over 6,400 sq ft of living space on 12.5 acres. A must-see in person property, you'll find serenity in this private escape down a long lane, tucked into the woods. This expansive and well thought out floor plan is like no other. A first floor master suite, 4 additional bedrooms upstairs, dedicated office space, formal dining, MASSIVE recreation room, and much more! With deck space on both floors, you can find peace of mind in the small spaces, and large entertainment on the expansive back deck. Enjoy cold nights in the living room with the wood burning fireplace, and sun filled mornings overlooking the 250 gallon fish tank. The recreation room is to die for! Use this for entertainment with a media area, pool table, and ping pong table or revert back to the previous indoor heated pool! Explore the property on the walking trails, or use the fire pit out back! Use link to view specific property page including virtual tour, aerial video, and floor plans. www.542Lexington.com

Last Agent to Sell the Property

Jaime Hurlock

(302) 227-2541 thedelawaregroup@lnf.com Long & Foster Real Estate, Inc. License #RA-0030979 Listed on: 12/04/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Joshua Rash

(302) 227-2541 joshua.rash@longandfoster.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Kathi Hunnings

kathi@kahunnings.com Patterson-Schwartz-Middletown

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,617

Year Built

  • Built in 1986

Lot Details

  • 12.5 Acre Lot
  • Wooded Lot
  • Property is zoned AG/RES, AGRICULTURAL/RESIDENTIAL

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Side Facing Garage
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 6,414 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Private Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Gravity Septic Field
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8-00-12100-01-2304-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,617

Year Built

Built in 1986

Lot Details

12.5 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1986
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Icemaker, Refrigerator, Microwave, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Kitchen - Island, Entry Level Bedroom, Ceiling Fan(s), Skylight(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Level Count: 2
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Interior Access
  • Living Area Units: Square Feet
  • Total Sq Ft: 6414
  • Living Area Sq Ft: 6414
  • Net Sq Ft: 6414.00
  • Price Per Sq Ft: 77.95
  • Above Grade Finished Sq Ft: 6414
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 6
  • Parking Features: Circular Driveway, Paved Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Gravity Sept Fld
  • Utilities: Cable Tv Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 12.50
  • Lot Size Area: 13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 544500.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: AG/RES
  • Zoning Description: AGRICULTURAL/RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2473458
  • Tax Annual Amount: 3617.00
  • Assessor Parcel Number: 8-00-12100-01-2304-000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2017
Closed on
Aug 30, 2019
Sold by
Bought by
Seller's Agent
Jaime Hurlock
Long & Foster Real Estate, Inc.
Buyer's Agent
Kathi Hunnings
Patterson-Schwartz-Middletown
List Price
$499,999
Sold Price
$495,000
Premium/Discount to List
-$4,999
-1%
Current Estimated Value
$805,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,198
Avg. Annual Appreciation
7.27%
Original Mortgage
$480,150
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,681
Interest Rate
4%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Magnolia, DE

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$495,000 None Available
$275,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $474,000
Closed $480,150
Previous Owner $100,000
Previous Owner $415,000
Previous Owner $50,000
Previous Owner $282,681
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $495,000 -1.0% $77 / Sq Ft
07/09/2019 07/09/19 For Sale $499,999 0.0% $78 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/02/2019 07/02/19 Price Changed $499,999 -2.9% $78 / Sq Ft
06/13/2019 06/13/19 Price Changed $515,000 -4.6% $80 / Sq Ft
05/20/2019 05/20/19 Price Changed $539,900 -1.7% $84 / Sq Ft
04/17/2019 04/17/19 Price Changed $549,500 -0.1% $86 / Sq Ft
04/11/2019 04/11/19 For Sale $549,900 0.0% $86 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
10/07/2018 10/07/18 Price Changed $549,900 0.0% $86 / Sq Ft
10/07/2018 10/07/18 For Sale $549,900 -3.5% $86 / Sq Ft
06/15/2018 06/15/18 Price Changed $569,900 -0.9% $89 / Sq Ft
06/15/2018 06/15/18 Price Changed $575,000 +55.4% $90 / Sq Ft
06/15/2018 06/15/18 Price Changed $369,900 -35.7% $58 / Sq Ft
04/15/2018 04/15/18 Price Changed $575,000 -4.2% $90 / Sq Ft
12/04/2017 12/04/17 For Sale $599,900 -- $94 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,118 $783,000 $180,800 $602,200
2024 $3,106 $783,000 $180,800 $602,200
2023 $4,356 $171,900 $11,200 $160,700
2022 $4,112 $171,900 $11,200 $160,700
2021 $4,078 $171,900 $11,200 $160,700
2020 $4,010 $171,900 $11,200 $160,700
2019 $3,862 $171,900 $11,200 $160,700
2018 $3,723 $171,900 $11,200 $160,700
2017 $3,617 $171,900 $0 $0
2016 $3,542 $171,900 $0 $0
2015 $2,963 $171,900 $0 $0
2014 $2,939 $171,900 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1001569208

Bright MLS

APN: 8-00-12100-01-2304-000

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