554 Lexington Mill Rd Magnolia, DE 19962
Estimated payment $3,655/month
Highlights
- Greenhouse
- Second Garage
- 12.6 Acre Lot
- Caesar Rodney High School Rated A-
- View of Trees or Woods
- Carriage House
About This Home
Price Reduced! Nestled in over 12+ acres of serene forest with a crystal clear stream, this 3 bed/2bath custom built home was designed in the style of a New England Salt Box from the top of the dormer windows right down to the Cedar Board and Batten siding. The 2,190+/-sqft above grade includes a dedicated hot tub room, sauna, Florida room, attached greenhouse room, living room area with exposed beams and a beautiful modern kitchen. In addition there is a 350+sqft partially finished basement which has a full bar with faux stained glass lighting and nearby exercise and laundry rooms. The kitchen has matching black appliances, a 2 tiered island, granite counter tops, and spills into the vaulted family room with access to the wrap around deck. Complete with an attached garage, a detached 3 bay outbuilding with an additional carport, and even a custom built golf cart garage. The mature cedar, oak, pine, maple, and gum trees create a peaceful canopy over the property. While the use of smart HVAC controls via phone app and Blink security cameras keep your getaway cozy and safe. Matching metal roofing protects and unifies all the structures on this 1-of-a-kind property that has to be experienced to be appreciated. Make an appointment to walk-through your new sanctuary.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,665
Year Built
- Built in 1983
Lot Details
- 12.6 Acre Lot
- Lot Dimensions are 1.00 x 0.00
- Property is in excellent condition
- Property is zoned AC
Parking
- 5 Garage Spaces | 1 Direct Access and 4 Detached
- Second Garage
- 1 Detached Carport Space
- Parking Storage or Cabinetry
- Front Facing Garage
- Garage Door Opener
Property Views
- Woods
- Creek or Stream
Home Design
- Carriage House
- Saltbox Architecture
- Block Foundation
- Frame Construction
- Metal Roof
- Cedar
Interior Spaces
- 2,190 Sq Ft Home
- Property has 2 Levels
- Cathedral Ceiling
- 1 Fireplace
- Wood Burning Stove
- Family Room
- Living Room
- Dining Room
- Home Security System
- Laundry Room
- Attic
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Partially Finished Basement
- Heated Basement
- Laundry in Basement
Accessible Home Design
- Doors are 32 inches wide or more
- Entry Slope Less Than 1 Foot
- Ramp on the main level
Outdoor Features
- Deck
- Patio
- Greenhouse
- Breezeway
- Wrap Around Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
- Electric Baseboard Heater
- Programmable Thermostat
- Propane
- Well
- Electric Water Heater
- On Site Septic
- Satellite Dish
- Cable TV Available
Additional Features
- Property is near a creek
- Barn or Farm Building
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 2303-000
- Assessor Parcel Number SM-00-12100-01-2303-000
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2025 | $1,678 | $421,600 | $181,300 | $240,300 |
2024 | $1,678 | $421,600 | $181,300 | $240,300 |
2023 | $1,468 | $58,100 | $11,200 | $46,900 |
2022 | $1,386 | $58,100 | $11,200 | $46,900 |
2021 | $1,374 | $58,100 | $11,200 | $46,900 |
2020 | $1,363 | $58,100 | $11,200 | $46,900 |
2019 | $1,321 | $58,100 | $11,200 | $46,900 |
2018 | $1,274 | $58,100 | $11,200 | $46,900 |
2017 | $1,238 | $58,100 | $0 | $0 |
2016 | $1,213 | $58,100 | $0 | $0 |
2015 | $1,017 | $58,100 | $0 | $0 |
2014 | $1,015 | $58,100 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/08/2025 09/08/25 | Price Changed | $660,000 | +900.0% | $301 / Sq Ft |
09/08/2025 09/08/25 | Price Changed | $66,000 | -90.4% | $30 / Sq Ft |
06/27/2025 06/27/25 | Price Changed | $689,000 | -1.4% | $315 / Sq Ft |
10/17/2024 10/17/24 | For Sale | $699,000 | -- | $319 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $493,500 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Bright MLS
MLS Number: DEKT2031528

APN: 8-00-12100-01-2303-000
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