NOT LISTED FOR SALE

59 Hokum Ct Magnolia, DE 19962

Estimated Value: $488,773 - $516,000

4 Beds
2.5 Baths
3,211 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $480,000 $149 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,907/month

17 Days on Market

Highlights

  • Contemporary Architecture
  • Upgraded Countertops
  • 2 Car Direct Access Garage
  • Caesar Rodney High School Rated A-
  • Community Pool
  • Walk-In Closet

About This Home

As of March 2024

This 4 bedroom, 2.5 bath home on a cul-de-sac located in the sought after community of The Reserve at Chestnut Ridge is located a short drive to dining and shopping and close to RT 1 and 13. This home has a 2 car front entry garage with additional storage as well as driveway and street parking and is EV car charger ready with a NEMA 14-50 outlet. The first floor offers a combination of hardwood and carpeted flooring and a semi open floor plan with a large living room that is open to the kitchen and sun room. The kitchen has granite countertops, stainless steel appliances, an above the range microwave and a pantry as well as a breakfast bar. The second floor has 4 bedrooms, a master en suite, walk in closet and a laundry room. The partially finished basement has a large family/rec room with additional space that can be finished to suite your needs. There is a rough-in for an additional bathroom in the basement and a water softner. The fenced in back yard has a patio, swing-set and a vinyl fencing. The great community of the Reserve At Chestnut Ridge includes a clubhouse with many amenities including meeting and entertainment rooms, separate adult and kids pools, basketball and tennis courts, and a sand volleyball court. Be sure to schedule your tour today.

Last Agent to Sell the Property

Josh Fontello

(302) 724-4310 john@liveinde.com Welcome Home Realty License #RS0038238 Listed on: 01/10/2024

Last Buyer's Agent

Yuliana Goldin-Dunn

(302) 285-5100 dwatlington@psre.com Patterson-Schwartz-Middletown License #RS0025729

Patterson-Schwartz-Middletown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,504

Year Built

  • Built in 2018

Lot Details

  • 11,461 Sq Ft Lot
  • Lot Dimensions are 42.09 x 125.00
  • Vinyl Fence
  • Property is in excellent condition
  • Property is zoned AC

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Dining Area
  • Carpet

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Front Loading Dryer
  • Front Loading Washer

Partially Finished Basement

  • Walk-Out Basement
  • Rough-In Basement Bathroom

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Water Treatment System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 4900-000
  • Assessor Parcel Number NM-00-11203-10-4900-000

Community Details

Overview

  • Chestnut Ridge Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,504

Year Built

Built in 2018

Lot Details

0.26 Acres

HOA Fees

$80 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: All Kitchen appliances, washer, dryer, water softener, drinking water filtration system.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Front Loading, Refrigerator, Washer - Front Loading, Water Heater
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Water Treat System, Walk-In Closet(s), Upgraded Countertops, Pantry
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Stairs, Rough Bath Plumb
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3211
  • Living Area Sq Ft: 3211
  • Price Per Sq Ft: 177.06
  • Above Grade Finished Sq Ft: 2711
  • Below Grade Finished Sq Ft: 500
  • Total Below Grade Sq Ft: 500
  • 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
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Additional Storage Area, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 240.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Size Acres: 0.26
  • Lot Dimensions: 42.09 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11461.00
  • Property Condition: Excellent
  • Zoning: AC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1294.00
  • Tax Annual Amount: 1504.00
  • Assessor Parcel Number: NM-00-11203-10-4900-000
  • Tax Lot: 4900-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Mar 29, 2024
Sold by
Carreon Jose E and Carreon Lolita S
Bought by
Wellington Naomi and Bowah Aloysious
Seller's Agent
Josh Fontello
Welcome Home Realty
Buyer's Agent
Yuliana Goldin-Dunn
Patterson-Schwartz-Middletown
List Price
$494,000
Sold Price
$480,000
Premium/Discount to List
-$14,000
-2.83%
Views
162
Current Estimated Value
$502,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,193
Avg. Annual Appreciation
2.30%
Original Mortgage
$471,306
Outstanding Balance
$462,774
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$39,419

Purchase Details

Closed on
Dec 21, 2018
Sold by
Reserve At Timberlake Llc
Bought by
Carreon Jose E and Carreon Lolita S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,487
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2018
Sold by
Schiff Land Development Company Llc
Bought by
The Reserve At Timberlake Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Wellington Naomi $480,000 None Listed On Document
Carreon Jose E $338,646 None Available
The Reserve At Timberlake Llc $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellington Naomi $471,306
Previous Owner Carreon Jose E $328,487
Previous Owner The Reserve At Timberlake Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $480,000 0.0% $149 / Sq Ft
01/23/2024 01/23/24 Price Changed $480,000 -2.8% $149 / Sq Ft
01/10/2024 01/10/24 For Sale $494,000 -- $154 / 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 $2,216 $441,200 $103,400 $337,800
2024 $2,182 $441,200 $103,400 $337,800
2023 $2,029 $63,100 $4,500 $58,600
2022 $1,918 $63,100 $4,500 $58,600
2021 $1,876 $63,100 $4,500 $58,600
2020 $1,870 $63,100 $4,500 $58,600
2019 $1,632 $63,100 $4,500 $58,600
2018 $869 $4,500 $4,500 $0
2017 $10 $500 $0 $0
2016 $10 $500 $0 $0
2015 $9 $500 $0 $0
2014 $9 $500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2025042

Bright MLS

APN: 7-00-11203-10-4900-000

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