NOT LISTED FOR SALE

56 Cypress Branch Rd Magnolia, DE 19962

Estimated Value: $389,000 - $416,000

3 Beds
2 Baths
1,886 Sq Ft
$215/Sq Ft Est. Value

Last Sold November 14, 2016

Last sale price $248,500 $132 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,289/month

41 Days on Market

Highlights

  • Spa
  • 1 Acre Lot
  • Rambler Architecture
  • Allen Frear Elementary School Rated A
  • Deck
  • No HOA

About This Home

As of November 2016

R-9475 Priced to sell beautiful ranch home on a 1 acre lot in a fantastic location! Park your boat, your RV and enjoy the space! Every room is spacious, clean and pristine! Fresh paint & new flooring throughout most of the home. Enjoy your mornings in the shade on the front porch and your evenings in the shade on the back deck or in the newly finished, heated and cooled sun room (not included in the listed sq footage) overlooking a beautiful backyard with flowering trees and grapevines - Hot tub included! With a sensible and versatile floor plan, you won't be limited on your options and the custom professional quality murals will impress your guests for a lifetime! The living room features a gas fireplace, the dining room is very large to accommodate even the grandest of dining sets and the kitchen features ample tile counter space, cabinetry and includes a pantry. The master suite of course has a full bath and walk in closet and wait until you see this laundry/mud room with custom cabinetry! Looking for extra storage? There is a 10x10 room ready for your storage needs or convert it into an office or even a guest room! You won't be disappointed when you tour this home!

Last Agent to Sell the Property

Bobbi Slagle

(302) 399-4855 bobbi@nexthomepreferred.com RE/MAX Horizons Listed on: 07/19/2016

Last Buyer's Agent

Renee Thompson

(302) 222-8124 Rtime2sell@gmail.com LakeView Realty Inc License #0020222

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,012

Year Built

  • Built in 2001

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 150x286
  • Property is in good condition
  • Property is zoned AC

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,886 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Microwave

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Spa
  • Deck
  • Porch

Schools

  • W.B. Simpson Elementary School
  • Caesar Rodney High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Water Source
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Jonathans Landing Subdivision

Listing and Financial Details

  • Tax Lot 0400-000
  • Assessor Parcel Number NM-00-10500-02-0400-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,012

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Woodworking Vacuum System & Equip In Garage
  • Inclusions: Range, Fridge, Dw, Micro, W & D, Hot Tub
  • New Construction: No
  • Story List: Main
  • Year Built: 2001
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1886
  • Living Area Sq Ft: 1886
  • Net Sq Ft: 1886.00
  • Price Per Sq Ft: 135.21
  • Above Grade Finished Sq Ft: 1886
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Exterior Features: Hot Tub
  • Roof: Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Private/Community Water

Condo/Co-op/Association

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

Schools

  • Elementary School: W.B. SIMPSON
  • High School: CAESAR RODNEY

Lot Info

  • Lot Size Acres: 1.00
  • Lot Dimensions: 150X286
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: AC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2465637
  • Tax Annual Amount: 1012.00
  • Assessor Parcel Number: NM-00-10500-02-0400-000
  • Tax Lot: 0400-000
  • Tax Year: 2015

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2016
Closed on
Nov 14, 2016
Sold by
Krumrine Michael L and Krumrine Bethany L F
Bought by
Krogh Matthew
Seller's Agent
Bobbi Slagle
RE/MAX Horizons
Buyer's Agent
Renee Thompson
LakeView Realty Inc
List Price
$265,000
Sold Price
$248,500
Premium/Discount to List
-$16,500
-6.23%
Current Estimated Value
$404,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,163
Avg. Annual Appreciation
5.50%
Original Mortgage
$246,350
Outstanding Balance
$198,088
Interest Rate
3.47%
Mortgage Type
VA
Estimated Equity
$206,575
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Krogh Matthew $248,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krogh Matthew $246,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2016 11/14/16 Sold $248,500 -2.5% $132 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/17/2016 08/17/16 Price Changed $255,000 -1.9% $135 / Sq Ft
08/09/2016 08/09/16 Price Changed $260,000 -1.9% $138 / Sq Ft
07/19/2016 07/19/16 For Sale $265,000 -- $141 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $1,943 $396,400 $136,900 $259,500
2024 $1,943 $396,400 $136,900 $259,500
2023 $1,860 $59,200 $9,000 $50,200
2022 $1,763 $59,200 $9,000 $50,200
2021 $1,741 $59,200 $9,000 $50,200
2020 $1,701 $59,200 $9,000 $50,200
2019 $1,646 $59,200 $9,000 $50,200
2018 $1,599 $59,200 $9,000 $50,200
2017 $1,562 $59,200 $0 $0
2016 $1,490 $59,200 $0 $0
2015 $1,291 $59,200 $0 $0
2014 $1,288 $59,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bobbi Slagle

    RE/MAX

    Section Image

  • R

    Buyer's Agent in 2016

    Renee Thompson

    LakeView Realty Inc

    (302) 222-8124

    38 Total Sales

    Renee Thompson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003964547

Bright MLS

APN: 7-00-10500-02-0400-000

Delaware Kent County Magnolia 19934

56 Cypress Branch Rd, Magnolia, DE

Not Listed for Sale

Detached

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