NOT LISTED FOR SALE

588 Olde Field Dr Magnolia, DE 19962

Estimated Value: $411,000 - $453,000

3 Beds
3.5 Baths
1,971 Sq Ft
$216/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $237,000 $120 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,409/month

20 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Caesar Rodney High School Rated A-
  • 1 Fireplace
  • Living Room

About This Home

As of March 2018

R-10262 Great location and a fantastic price. This 9 year home is in fantastic condition and looks barley lived in. Upgraded with hardwood floors throughout including the entrance, formal dining room and living room with gas fireplace. Also hardwood stairs leading up to the 3 bedrooms all with hardwood too. This home has a finished walkout basement with a FR and bedroom with full bath. The master bath has a double vanity Jacuzzi tub and tiled 4 ft. shower. Situated on a great lot that backs to open area and pond. Schedule your tour today, this wont last long!

Last Agent to Sell the Property

Steve Schmidt

(302) 678-4326 steve@delawarerealestate.com RE/MAX Horizons License #RB-0031118 Listed on: 12/26/2017

RE/MAX Horizons

Co-Listed By

Barbara Schmidt

(302) 242-2737 barbara@delawarerealestate.com RE/MAX Horizons

Last Buyer's Agent

Shonda Kelly

(302) 922-0434 shondadkelly@gmail.com KW Empower License #RA-0020799

KW Empower

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,087

Year Built

  • Built in 2008

Lot Details

  • 9,019 Sq Ft Lot
  • Lot Dimensions are 75x120
  • Property is zoned AC

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,971 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Schools

  • W.B. Simpson Elementary School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • Old Field Village Subdivision

Listing and Financial Details

  • Tax Lot 1200-000
  • Assessor Parcel Number SM-00-12101-01-1200-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,087

Year Built

Built in 2008

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1971
  • Living Area Sq Ft: 1971
  • Net Sq Ft: 1971.00
  • Price Per Sq Ft: 116.64
  • Above Grade Finished Sq Ft: 1971
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stone
  • Access To Pool: 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: W.B. SIMPSON

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 75X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9019.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Zoning: AC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4769652
  • Tax Annual Amount: 1087.00
  • Assessor Parcel Number: SM-00-12101-01-1200-000
  • Tax Lot: 1200-000
  • Tax Year: 2016

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2017
Closed on
Mar 16, 2018
Sold by
M & T Bank
Bought by
Cacoilo Horacio and Cacoilo Ingrid
Seller's Agent
Steve Schmidt
RE/MAX Horizons
Buyer's Agent
Shonda Kelly
KW Empower
List Price
$229,900
Sold Price
$237,000
Premium/Discount to List
$7,100
3.09%
Current Estimated Value
$425,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,032
Avg. Annual Appreciation
7.85%
Original Mortgage
$229,090
Outstanding Balance
$197,414
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$227,618

Purchase Details

Closed on
Dec 4, 2017
Sold by
Marcellus Carolyn Marie
Bought by
M & T Bank

Purchase Details

Closed on
Nov 27, 2007
Sold by
Olde Field Village Llc
Bought by
Watford Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.48%
Mortgage Type
Construction
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
Cacoilo Horacio $237,000 None Available
M & T Bank $210,847 None Available
Watford Stephen $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cacoilo Horacio $229,090
Previous Owner Watford Stephen $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $237,000 0.0% $120 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
01/05/2018 01/05/18 Off Market $237,000 -- --
12/26/2017 12/26/17 For Sale $229,900 -- $117 / 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 $1,775 $350,400 $80,300 $270,100
2024 $1,775 $350,400 $80,300 $270,100
2023 $1,731 $53,100 $5,300 $47,800
2022 $1,637 $53,100 $5,300 $47,800
2021 $37 $53,100 $5,300 $47,800
2020 $1,580 $53,100 $5,300 $47,800
2019 $1,532 $53,100 $5,300 $47,800
2018 $1,492 $53,100 $5,300 $47,800
2017 $1,432 $53,100 $0 $0
2016 $1,350 $53,100 $0 $0
2015 $1,172 $53,100 $0 $0
2014 $1,168 $53,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004365791

Bright MLS

APN: 8-00-12101-01-1200-000