Landlord's Agent in 2025
Ivy-lyn Sia
Welcome Home Realty
(302) 724-9142
2 in this area
138 Total Sales
56 Point Landing Ln Magnolia, DE 19962
Rising Sun-Lebanon Neighborhood
4
Beds
2.5
Baths
2,387
Sq Ft
$185
Price per Sq Ft
Highlights
- Contemporary Architecture
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
- Allen Frear Elementary School Rated A
About This Home
As of April 2025This 4 bedroom, 2.5 bath home is located in the CR school district and minutes to RT 1 access, DAFB, shopping and restaurants. Features include fenced in backyard, 2 car garage, full unfinished basement, granite countertops in the kitchen, stainless steel appliances, backsplash, open floor plan, and many more.
Last Agent to Rent the Property
Welcome Home Realty License #RS-0024736 Listed on: 04/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,938
Year Built
- Built in 2015
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 85.00 x 120.00
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
Home Design
- Contemporary Architecture
- Aluminum Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,387 Sq Ft Home
- Property has 2 Levels
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- Property has a Home Owners Association
- Point Landing Subdivision
Listing and Financial Details
- Residential Lease
- Security Deposit $2,400
- 12-Month Lease Term
- Available 4/19/25
- Assessor Parcel Number NM-00-09603-01-0300-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2020
Closed on
Aug 7, 2020
Sold by
Reece Garrett W and Reece Erica P
Bought by
Lmg Llc
Seller's Agent
Ivy-lyn Sia
Welcome Home Realty
Buyer's Agent
Ivy-lyn Sia
Welcome Home Realty
Sold Price
$2,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,937
Avg. Annual Appreciation
5.97%
Original Mortgage
$260,000
Outstanding Balance
$233,217
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$201,008
Purchase Details
Closed on
May 20, 2015
Sold by
U & I Investments Llc
Bought by
Reece Garrett W and Reece Erica P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,217
Interest Rate
3.62%
Mortgage Type
VA
Purchase Details
Closed on
Mar 21, 2014
Sold by
Pointe Landing Llc
Bought by
U & I Investments Llc
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Lmg Llc | $325,000 | None Available | |
| Reece Garrett W | $249,000 | None Available | |
| U & I Investments Llc | $975,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lmg Llc | $260,000 | |
| Previous Owner | Reece Garrett W | $257,217 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Rented | $2,400 | 0.0% | -- |
| 04/10/2025 04/10/25 | For Rent | $2,400 | +4.3% | -- |
| 01/25/2023 01/25/23 | Rented | $2,300 | 0.0% | -- |
| 01/19/2023 01/19/23 | Off Market | $2,300 | -- | -- |
| 12/14/2022 12/14/22 | For Rent | $2,300 | +2.2% | -- |
| 04/14/2022 04/14/22 | Rented | $2,250 | 0.0% | -- |
| 04/04/2022 04/04/22 | Off Market | $2,250 | -- | -- |
| 03/22/2022 03/22/22 | For Rent | $2,250 | +12.5% | -- |
| 08/24/2020 08/24/20 | Rented | $2,000 | 0.0% | -- |
| 08/21/2020 08/21/20 | Off Market | $2,000 | -- | -- |
| 08/17/2020 08/17/20 | For Rent | $2,000 | 0.0% | -- |
| 08/11/2020 08/11/20 | Price Changed | $334,900 | +3.0% | $140 / Sq Ft |
| 08/03/2020 08/03/20 | Sold | $325,000 | -3.0% | $136 / Sq Ft |
| 07/09/2020 07/09/20 | Pending | -- | -- | -- |
| 07/06/2020 07/06/20 | For Sale | $334,900 | -- | $140 / 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 | $1,938 | $390,300 | $106,000 | $284,300 |
| 2023 | $1,846 | $57,500 | $4,300 | $53,200 |
| 2022 | $1,744 | $57,500 | $4,300 | $53,200 |
| 2021 | $1,713 | $57,500 | $4,300 | $53,200 |
| 2020 | $1,720 | $57,500 | $4,300 | $53,200 |
| 2019 | $1,660 | $57,500 | $4,300 | $53,200 |
| 2018 | $1,603 | $57,500 | $4,300 | $53,200 |
| 2017 | $1,574 | $57,500 | $0 | $0 |
| 2016 | $1,492 | $57,500 | $0 | $0 |
| 2015 | -- | $57,500 | $0 | $0 |
| 2014 | -- | $400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Tenant's Agent in 2025
Nina Isaac
Hope Realty
-
M
Buyer's Agent in 2023
Manel Hamblin
Welcome Home Realty
(302) 943-8875
3 Total Sales
-
Buyer's Agent in 2022
Bryanna Melvin
The Parker Group
(302) 535-0415
1 in this area
14 Total Sales
-
Seller's Agent in 2020
Tyler Patterson
Myers Realty
(302) 272-3208
1 in this area
65 Total Sales
-
Buyer's Agent in 2020
John Welcome
Welcome Home Realty
(302) 724-4310
4 in this area
61 Total Sales
Map
Source: Bright MLS
MLS Number: DEKT2036406
APN: 7-00-09603-01-0300-000
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