556 Masters Ln Magnolia, DE 19962
Estimated Value: $572,000 - $645,000
4
Beds
3.5
Baths
3,314
Sq Ft
$188/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Contemporary Architecture
- No HOA
- Allen Frear Elementary School Rated A
- 1 Fireplace
- Eat-In Kitchen
About This Home
As of September 2015Pre-Approved price by lender. This house is in need of an entire overhaul. Short sale and sold in as-is condition and subject to third party approval. Seller will do no repairs and will not remove any debris and items in house. Please use extreme caution when showing home. House is filled with junk and debris.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,512
Year Built
- Built in 1996
Lot Details
- 1.8 Acre Lot
- Property is zoned AC
Home Design
- Contemporary Architecture
- Aluminum Siding
Interior Spaces
- 3,314 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
- Laundry on main level
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 3.5 Bathrooms
Parking
- 3 Open Parking Spaces
- 6 Parking Spaces
Pool
- In Ground Pool
Schools
- W.B. Simpson Elementary School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
- On Site Septic
Community Details
- No Home Owners Association
- Jonathans Landing Subdivision
Listing and Financial Details
- Tax Lot 2000-000
- Assessor Parcel Number NM-00-10501-01-2000-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 14, 2021
Sold by
Lutman Miguel and Lutman Heidi D
Bought by
Jensen Jonathan T
Total Days on Market
6
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
$673,400
Outstanding Balance
$616,279
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
-$9,991
Purchase Details
Listed on
May 9, 2015
Closed on
Sep 23, 2015
Sold by
Deallie Carl F and Deallie Angelina B
Bought by
Lutman Miguel and Lutman Heidi D
Seller's Agent
Lyman Chen
RE/MAX Edge
Buyer's Agent
Peter Shade
Burns & Ellis Realtors
List Price
$250,000
Sold Price
$301,600
Premium/Discount to List
$51,600
20.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$241,281
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 4, 2002
Bought by
Deallie Carl F and Schaller Vincent E
Similar Homes in Magnolia, DE
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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 |
|---|---|---|---|
| Jensen Jonathan T | $650,000 | None Available | |
| Lutman Miguel | $301,660 | None Available | |
| Deallie Carl F | $340,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jensen Jonathan T | $673,400 | |
| Previous Owner | Lutman Miguel | $228,000 | |
| Previous Owner | Lutman Miguel | $241,281 | |
| Previous Owner | Deallie Carl F | $377,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2015 09/30/15 | Sold | $301,600 | 0.0% | $91 / Sq Ft |
| 06/11/2015 06/11/15 | Price Changed | $301,600 | +20.6% | $91 / Sq Ft |
| 05/15/2015 05/15/15 | Pending | -- | -- | -- |
| 05/09/2015 05/09/15 | For Sale | $250,000 | -- | $75 / 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 | $2,695 | $563,300 | $160,000 | $403,300 |
| 2023 | $4,142 | $130,700 | $30,800 | $99,900 |
| 2022 | $6,739 | $130,700 | $30,800 | $99,900 |
| 2021 | $244 | $130,700 | $30,800 | $99,900 |
| 2020 | $3,271 | $123,500 | $30,800 | $92,700 |
| 2019 | $3,139 | $123,500 | $30,800 | $92,700 |
| 2018 | $3,038 | $123,500 | $30,800 | $92,700 |
| 2017 | $2,963 | $123,500 | $0 | $0 |
| 2016 | $2,852 | $123,500 | $0 | $0 |
| 2015 | $2,844 | $147,300 | $0 | $0 |
| 2014 | $2,836 | $147,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lyman Chen
Seller's Agent in 2015
Lyman Chen
RE/MAX
(302) 420-3576
35 Total Sales
-
Peter Shade
Buyer's Agent in 2015
Peter Shade
Burns & Ellis Realtors
(302) 674-4220
76 Total Sales
Map
Source: Bright MLS
MLS Number: 1002599306
APN: 7-00-10501-01-2000-000
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