NOT LISTED FOR SALE

554 Phillips Dr Magnolia, DE 19962

Estimated Value: $427,657 - $493,000

4 Beds
2.5 Baths
2,154 Sq Ft
$212/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $405,000 $188 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,563/month

6 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Attic
  • Caesar Rodney High School Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of April 2022

This is a super cute 4-bedroom, 2.5-bathroom home built by C&M Custom Home Builder. Located in the sought-after community of Laureltowne, this home offers a bright and open concept first floor with a formal living room, family room, large kitchen with island, stainless appliances with electric cooking & built-in microwave, and a large walk-in pantry. The breakfast area leads to the outdoor paver patio for those days you want to dine alfresco. A dedicated first-floor laundry room off the kitchen features a washer & dryer, laundry sink, large closet, and garage entry. Moving up the open staircase, the first thing you will notice is how spacious the hallway is leading to 4 spacious bedrooms. The master suite includes a walk-in closet, soaking tub, separate shower, dual vanity, and linen storage. The hallway offers tons of storage with not only a linen closet but a large walk-in closet as well! Other features include an unfinished basement, iron bar fenced rear yard, porch, low maintenance landscaping, and much, much more! A beauty sits in a community in a quiet country setting, yet located near schools, and shopping centers, with quick easy access to routes 1 & 13, and less than 7-miles from Dover Air Force Base, so make an appointment today to tour this gem today!

Last Agent to Sell the Property

Rosalia Martinez

(302) 677-0020 centraldelawarebroker@gmail.com Keller Williams Realty Central-Delaware License #RS-0018415 Listed on: 03/11/2022

Keller Williams Realty Central-Delaware

Co-Listed By

David Martinez

(302) 677-0020 centraldelawarebroker@gmail.com Keller Williams Realty Central-Delaware License #RA-0031002

Last Buyer's Agent

Phillip Riemann

(302) 217-6692 broker@theparkergroup.com The Parker Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,669

Year Built

  • Built in 2010

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 73.50 x 134.09
  • Split Rail Fence
  • Property is Fully Fenced
  • Property is in very good condition
  • Property is zoned AC

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Pitched Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,154 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Security System
  • Attic
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Schools

  • Caesar Rodney High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash

Community Details

  • Association fees include common area maintenance
  • Association Phone (888) 705-0600
  • Laureltowne Subdivision

Listing and Financial Details

  • Tax Lot 7100-000
  • Assessor Parcel Number NM-00-11204-01-7100-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,669

Year Built

Built in 2010

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Historic: No
  • Home Warranty: No
  • Inclusions: Kitchen Appliances, Washer & Dryer, Window Treatments (As-IS)
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-03-12
  • Federal Flood Zone: No
  • Year Built: 2010
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Dryer, Washer
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Breakfast Area, Attic, Carpet, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Pantry, Walk-In Closet(s), Wood Floors, Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2154
  • Living Area Sq Ft: 2154
  • Price Per Sq Ft: 188.02
  • Above Grade Finished Sq Ft: 2154
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Architectural Shingle, Pitched
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Phone: 888-705-0600
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent
  • High School: CAESAR RODNEY

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Fully, Split Rail
  • Lot Size Acres: 0.23
  • Lot Dimensions: 73.50 x 134.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10018.80
  • Property Condition: Very Good
  • Zoning: AC
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4725725
  • Tax Annual Amount: 1669.45
  • Assessor Parcel Number: NM-00-11204-01-7100-000
  • Tax Lot: 7100-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 14, 2022
Sold by
Perez Ramon Jr Jose
Bought by
Ottey Clarence R and Ottey Amanda
Seller's Agent
Rosalia Martinez
Keller Williams Realty Central-Delaware
Buyer's Agent
Phillip Riemann
The Parker Group
List Price
$410,000
Sold Price
$405,000
Premium/Discount to List
-$5,000
-1.22%
Current Estimated Value
$456,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,164
Avg. Annual Appreciation
3.20%
Original Mortgage
$390,825
Outstanding Balance
$365,235
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$90,929

Purchase Details

Listed on
May 6, 2019
Closed on
Jul 31, 2019
Sold by
Upchurch Matthew E and Martinez Rosalia
Bought by
Ramon Jose Perez and Ramon Hortencia Janeth
Seller's Agent
Rosalia Martinez
Keller Williams Realty Central-Delaware
Buyer's Agent
Rosalia Martinez
Keller Williams Realty Central-Delaware
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.59%
Original Mortgage
$286,020
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Listed on
Apr 17, 2014
Closed on
Aug 11, 2014
Sold by
Scott Vernize
Bought by
Upchurch Matthew E
Seller's Agent
Kathy Maupin
Patterson-Schwartz-Dover
Buyer's Agent
Lani Freshwater
The Moving Experience Delaware Inc
List Price
$263,000
Sold Price
$255,500
Premium/Discount to List
-$7,500
-2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%
Original Mortgage
$260,993
Interest Rate
4.14%
Mortgage Type
VA

Purchase Details

Closed on
Jan 12, 2011
Sold by
North State Street Properties Laureltown
Bought by
Scott Vernize

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,330
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2007
Sold by
Laureltowne Llc
Bought by
North State Street Properties Laureltown
Source: Public Records
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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
Ottey Clarence R $405,000 Benton Lynn Law Pa
Ramon Jose Perez $280,000 None Available
Upchurch Matthew E $255,500 None Available
Scott Vernize $242,000 None Available
North State Street Properties Laureltown $49,420 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ottey Clarence R $390,825
Previous Owner Ramon Jose Perez $286,020
Previous Owner Upchurch Matthew E $260,993
Previous Owner Scott Vernize $235,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2022 04/14/22 Sold $405,000 -1.2% $188 / Sq Ft
03/18/2022 03/18/22 For Sale $410,000 +1.2% $190 / Sq Ft
03/18/2022 03/18/22 Off Market $405,000 -- --
03/11/2022 03/11/22 For Sale $410,000 +46.4% $190 / Sq Ft
07/31/2019 07/31/19 Sold $280,000 0.0% -- View Prior Sale
06/28/2019 06/28/19 For Sale $280,000 0.0% --
06/25/2019 06/25/19 Price Changed $280,000 0.0% --
06/22/2019 06/22/19 Pending -- -- --
05/31/2019 05/31/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $279,900 +9.5% --
08/11/2014 08/11/14 Sold $255,500 -2.9% $119 / Sq Ft View Prior Sale
06/13/2014 06/13/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $263,000 -- $122 / Sq Ft
Source: Bright MLS

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 $2,018 $395,300 $79,900 $315,400
2024 $1,984 $395,300 $79,900 $315,400
2023 $1,788 $54,100 $4,300 $49,800
2022 $1,690 $54,100 $4,300 $49,800
2021 $1,625 $54,100 $4,300 $49,800
2020 $1,526 $54,100 $4,300 $49,800
2019 $1,558 $54,100 $4,300 $49,800
2018 $1,526 $54,100 $4,300 $49,800
2017 $1,494 $54,100 $0 $0
2016 $1,413 $54,100 $0 $0
2015 $1,231 $54,100 $0 $0
2014 -- $54,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2008254

Bright MLS

APN: 7-00-11204-01-7100-000