$252,000
SOLD MAY 8, 2012

7 Clover Terrace Magnolia, DE 19962

4 Beds
2.5 Baths
2,564 Sq Ft
1.2 Acres

Recently Sold

$98 Per Sq Ft

5% Above List Price

Highlights

  • In Ground Pool
  • 1.2 Acre Lot
  • Cathedral Ceiling
  • Caesar Rodney High School Rated A-
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of June 2014

Located in Magnolia Meadows is this beatiful home that sits on a 1.2 acre corner lot. Featuring 4 bedrooms, 2.5 baths, inground pool and a theatre room. This Fannie Mae Homepath property has had some recent updates that include new kitchen cabinets, countertops, sink, appliances, lighting, 1/2 bath renovation, new Hot water heater (being installed), fresh paint throughout and new sump pump. This home could be yours with as little as 3% down using Homepath Mortgage or Renovation Financing. So if your looking for lots of space then schedule your showing today. **** All offers must be in Homepath by 3:30 3/21/12 ****

Last Agent to Sell the Property

Kimberly Rivera

(302) 363-0267 kimberly@theriveragroupde.com Keller Williams Realty Central-Delaware License #RA-0031007 Listed on: 03/08/2012

Keller Williams Realty Central-Delaware

Last Buyer's Agent

Harlan Blades

(302) 670-2218 halblades@premiermove.com Iron Valley Real Estate at The Beach License #RS-0019047

Iron Valley Real Estate at The Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1997

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 133x214x261x344
  • Corner Lot
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned AC

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,564 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Magnolia Meadows Subdivision

Listing and Financial Details

  • Tax Lot 1500-000
  • Assessor Parcel Number SM-00-12100-02-1500-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,571

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1997
  • Remarks Public: Located in Magnolia Meadows is this beatiful home that sits on a 1.2 acre corner lot. Featuring 4 bedrooms, 2.5 baths, inground pool and a theatre room. This Fannie Mae Homepath property has had some recent updates that include new kitchen cabinets, countertops, sink, appliances, lighting, 1/2 bath renovation, new Hot water heater (being installed), fresh paint throughout and new sump pump. This home could be yours with as little as 3% down using Homepath Mortgage or Renovation Financing. So if your looking for lots of space then schedule your showing today. **** All offers must be in Homepath by 3:30 3/21/12 ****
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Fully Carpeted
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2564
  • Living Area Sq Ft: 2564
  • Net Sq Ft: 2564.00
  • Price Per Sq Ft: 93.56
  • Above Grade Finished Sq Ft: 2564
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • 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: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Corner, Front Yard, Rear Yard
  • Lot Size Acres: 1.20
  • Lot Dimensions: 133X214X261X344
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 52272.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: AC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2473636
  • Tax Annual Amount: 1571.00
  • Assessor Parcel Number: SM-00-12100-02-1500-000
  • Tax Lot: 1500-000
  • Tax Year: 2011
  • Close Date: 05/08/2012

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Jun 6, 2014
Sold by
Row Richard Joseph and Row Melissa Carole
Bought by
Sels Philip Oliver and Kovach Breanna Leigh
Seller's Agent
Andy Whitescarve Whitescarver
RE/MAX Realty Group Rehoboth
Buyer's Agent
Theresa Garcia
Patterson-Schwartz-Dover
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Current Estimated Value
$509,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,781
Avg. Annual Appreciation
5.10%
Original Mortgage
$261,000
Outstanding Balance
$199,044
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$310,737

Purchase Details

Closed on
Sep 4, 2012
Sold by
Row Richard Joseph
Bought by
Row Richard Joseph and Row Melissa Carole

Purchase Details

Listed on
Mar 8, 2012
Closed on
May 8, 2012
Sold by
Fannie Mae
Bought by
Row Richard Joseph
Seller's Agent
Kimberly Rivera
Keller Williams Realty Central-Delaware
Buyer's Agent
Harlan Blades
Iron Valley Real Estate at The Beach
List Price
$239,900
Sold Price
$252,000
Premium/Discount to List
$12,100
5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$257,418
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Listed on
Mar 8, 2012
Closed on
Mar 12, 2012
Sold by
Whitescarver Andrew G and Vargas Anthony R
Bought by
Fannie Mae and Federal National Mortgage Association
Seller's Agent
Kimberly Rivera
Keller Williams Realty Central-Delaware
Buyer's Agent
Harlan Blades
Iron Valley Real Estate at The Beach
List Price
$239,900
Sold Price
$252,000
Premium/Discount to List
$12,100
5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,418
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Oct 12, 2007
Sold by
Entenman Douglas M and Entenman Patricia J
Bought by
Whitescarver Andrew G and Vargas Anthony R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,700
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $290,000 None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $198,900 None Available
Sheriffs Deed $268,400 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $261,000 New Conventional
Previous Owner $257,418 VA
Previous Owner $214,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2014 06/11/14 Sold $290,000 -3.3% $94 / Sq Ft View Prior Sale
05/13/2014 05/13/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $299,900 +19.0% $98 / Sq Ft
05/08/2012 05/08/12 Sold $252,000 +5.0% $98 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
03/08/2012 03/08/12 For Sale $239,900 -- $94 / 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 $2,185 $442,700 $140,000 $302,700
2024 $2,185 $442,700 $140,000 $302,700
2023 $2,418 $78,000 $8,600 $69,400
2022 $2,278 $78,000 $8,600 $69,400
2021 $2,253 $78,000 $8,600 $69,400
2020 $2,209 $78,000 $8,600 $69,400
2019 $2,134 $78,000 $8,600 $69,400
2018 $2,069 $78,000 $8,600 $69,400
2017 $2,024 $78,000 $0 $0
2016 $1,933 $78,000 $0 $0
2015 $1,682 $78,600 $0 $0
2014 $1,676 $78,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003880368

Bright MLS

APN: 8-00-12100-02-1500-000