NOT LISTED FOR SALE

62 Bay Hill Rd Magnolia, DE 19962

Estimated Value: $388,000 - $531,000

2 Beds
4 Baths
1,778 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $281,500 $158 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,587/month

Highlights

  • Active Adult
  • Contemporary Architecture
  • Attic
  • Clubhouse
  • Wood Flooring
  • Community Pool

About This Home

As of September 2016

Better than new, Doral model in the beautiful Active Adult Community Champions Club. Optional features include; Full-basement, Hardwood floors, Den/Office, and screened porch. At 1700+ Sq. Ft., the Doral model is one of the most popular floor plans in the community. The full basement is a real plus with plenty of room for all your storage needs and ready for finishing if more living space is what you require. Better than new because this home includes many of the extras you will have to spend additional money on when purchasing a new home, like; Washer & Dryer, Window treatments, Storm doors, etc. The Clubhouse has everything you need for an active social lifestyle; Exercise facilities, Card & Game rooms, Lounge areas, and more. The outdoor pool is the place to be in the summer for relaxing and socializing and with lawn maintenance included, you will have plenty of time for fun. The central location of Champions Club makes for easy travel and many day trip opportunities. The Delaware beaches are only a short drive as are many popular east coast destinations such as Maryland's Eastern Shore and the Chesapeake Bay, DC, Baltimore, Philadelphia, and New York. Enjoy a quiet retirement lifestyle while being close to all the North East has to offer. Let's not forget the tax benefits and low cost of living in Delaware.

Last Agent to Sell the Property

Bill Bell

bill@activeadultsrealty.com Active Adults Realty License #RA0030996 Listed on: 01/20/2016

Last Buyer's Agent

Bill Bell

bill@activeadultsrealty.com Active Adults Realty License #RA0030996 Listed on: 01/20/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $819

Year Built

  • Built in 2011

Lot Details

  • 8,016 Sq Ft Lot
  • Lot Dimensions are 60x132
  • Property is zoned AC

HOA Fees

  • $193 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Rambler Architecture
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,778 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Outdoor Features

  • Porch

Schools

  • W.B. Simpson Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Private Water Source
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9600-000
  • Assessor Parcel Number NM-00-10503-03-9600-000

Community Details

Overview

  • Active Adult
  • Association fees include pool(s), common area maintenance, lawn maintenance
  • $500 Other One-Time Fees
  • Champions Club Subdivision, Doral Model Floorplan

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$819

Year Built

Built in 2011

Lot Details

0

HOA Fees

$193 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Excluded White Wooden Shelving In Basement.
  • New Construction: No
  • Year Built: 2011
  • Remarks Public: Better than new, Doral model in the beautiful Active Adult Community Champions Club. Optional features include; Full-basement, Hardwood floors, Den/Office, and screened porch. At 1700+ Sq. Ft., the Doral model is one of the most popular floor plans in the community. The full basement is a real plus with plenty of room for all your storage needs and ready for finishing if more living space is what you require. Better than new because this home includes many of the extras you will have to spend additional money on when purchasing a new home, like; Washer & Dryer, Window treatments, Storm doors, etc. The Clubhouse has everything you need for an active social lifestyle; Exercise facilities, Card & Game rooms, Lounge areas, and more. The outdoor pool is the place to be in the summer for relaxing and socializing and with lawn maintenance included, you will have plenty of time for fun. The central location of Champions Club makes for easy travel and many day trip opportunities. The Delaware beaches are only a short drive as are many popular east coast destinations such as Maryland's Eastern Shore and the Chesapeake Bay, DC, Baltimore, Philadelphia, and New York. Enjoy a quiet retirement lifestyle while being close to all the North East has to offer. Let's not forget the tax benefits and low cost of living in Delaware.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), Breakfast Area
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1778
  • Living Area Sq Ft: 1778
  • Net Sq Ft: 1778.00
  • Price Per Sq Ft: 165.92
  • Above Grade Finished Sq Ft: 1778
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 62

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: Yes
  • Roof: Shingle
  • 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
  • Open Parking Spaces Count: 2
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Underground, 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA Fees: 193.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Club House
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Maintenance
  • HOA: Yes
  • Senior Community: Yes

Fee Information

  • Other Fees: 500.00
  • Other Fees Frequency: One Time

Schools

  • School District: CAESAR RODNEY
  • Elementary School: W.B. SIMPSON
  • School District Key: 300200396889
  • Elementary School: W.B. SIMPSON

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 60X132
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8016.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Zoning: AC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4813892
  • Tax Annual Amount: 819.00
  • Assessor Parcel Number: NM-00-10503-03-9600-000
  • Tax Lot: 9600-000
  • Tax Year: 2015
  • Close Date: 09/09/2016

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
Aug 23, 2016
Sold by
Barnes Gerald W and Barnes Michele C
Bought by
Proctor Sharon H
Seller's Agent
Bill Bell
Active Adults Realty
Buyer's Agent
Bill Bell
Active Adults Realty
List Price
$300,000
Sold Price
$281,500
Premium/Discount to List
-$18,500
-6.17%
Current Estimated Value
$430,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,620
Avg. Annual Appreciation
4.76%
Original Mortgage
$145,000
Outstanding Balance
$66,257
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$363,863

Purchase Details

Closed on
Apr 17, 2011
Sold by
Champions Club Homes Lp
Bought by
Barnes Gerald W and Barnes Michele C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,828
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Proctor Sharon H $281,500 Attorney
Barnes Gerald W $299,785 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Proctor Sharon H $145,000
Previous Owner Barnes Gerald W $239,828
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $281,500 -4.6% $158 / Sq Ft
07/16/2016 07/16/16 Pending -- -- --
06/21/2016 06/21/16 Price Changed $295,000 -1.7% $166 / Sq Ft
01/20/2016 01/20/16 For Sale $300,000 -- $169 / 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 $1,434 $386,300 $98,700 $287,600
2024 $1,434 $386,300 $98,700 $287,600
2023 $1,162 $47,900 $3,800 $44,100
2022 $1,051 $47,900 $3,800 $44,100
2021 $1,085 $47,900 $3,800 $44,100
2020 $1,050 $47,900 $3,800 $44,100
2019 $1,408 $47,900 $3,800 $44,100
2018 $1,366 $47,900 $3,800 $44,100
2017 $1,343 $47,900 $0 $0
2016 $898 $47,900 $0 $0
2015 $820 $47,900 $0 $0
2014 $810 $47,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004259617

Bright MLS

APN: 7-00-10503-03-9600-000