NOT LISTED FOR SALE

7 Magnolia Ct Wilmington, DE 19810

Estimated Value: $372,000 - $547,000

4 Beds
2.5 Baths
16,988 Sq Ft
$26/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $400,000 $24 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,594/month

30 Days on Market

Highlights

  • Water Access
  • Creek or Stream View
  • Stream or River on Lot
  • Lancashire Elementary School Rated A-
  • Colonial Architecture
  • Partially Wooded Lot

About This Home

As of May 2024

This home is a spacious, 4 bedrooms, 2.5 bath, ideally located, Colonial on a cul-de-sac. The primary bedroom has a walk-in closet and an ensuite. The first floor features an eat in kitchen, dining room, living room, family room with a fireplace, laundry room, and pantry. The almost acre yard is nicely landscaped with mature trees and has a small stream along the back border of the yard. The neighborhood is in the Brandywine School District, convenient to I-95, and the PA border. This is an estate sale of an original owner, and the home is somewhat dated. Seller is motivated and will consider all suitable offers.

Last Agent to Sell the Property

John Sanders

(302) 897-2030 jack.san@verizon.net Tesla Realty Group, LLC License #R3-0015517 Listed on: 04/07/2024

Tesla Realty Group, LLC

Last Buyer's Agent

John Sanders

(302) 897-2030 jack.san@verizon.net Tesla Realty Group, LLC License #R3-0015517 Listed on: 04/07/2024

Tesla Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $778

Year Built

  • Built in 1962 | Remodeled in 2008

Lot Details

  • 0.39 Acre Lot
  • Creek or Stream
  • Cul-De-Sac
  • North Facing Home
  • Level Lot
  • Irregular Lot
  • Partially Wooded Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned NC10, Irregular

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Asbestos

Interior Spaces

  • 16,988 Sq Ft Home
  • Property has 2 Levels
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Creek or Stream Views
  • Basement Fills Entire Space Under The House
  • Storm Doors

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Water Access
  • Stream or River on Lot

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • The Timbers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-035.00-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$778

Year Built

Built in 1962 | Remodeled in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-04-07
  • Federal Flood Zone: No
  • Year Built: 1962
  • Year Renovated: 2008
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: This home is a spacious, 4 bedrooms, 2.5 bath, ideally located, Colonial on a cul-de-sac. The primary bedroom has a walk-in closet and an ensuite. The first floor features an eat in kitchen, dining room, living room, family room with a fireplace, laundry room, and pantry. The almost ½ acre yard is nicely landscaped with mature trees and has a small stream along the back border of the yard. The neighborhood is in the Brandywine School District, convenient to I-95, and the PA border. This is an estate sale of an original owner, and the home is somewhat dated. Seller is motivated and will consider all suitable offers.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Electric, Washer
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Hardwood, Engineered Wood
  • Window Features: Wood Frame
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Basement Footprint Percent: 96.00
  • Laundry Type: Main Floor, Has Laundry
  • Total Sq Ft: 16988
  • Living Area Sq Ft: 16988
  • Price Per Sq Ft: 23.49
  • Above Grade Finished Sq Ft: 16988
  • 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
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Asbestos
  • Roof: Architectural Shingle
  • Spa: No
  • View: Creek/Stream
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BRANDYWINE
  • School District Key: 300200396892
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Irregular, Front Yard, Level, Partly Wooded, Rear Yard, Sideyard(s), Stream/Creek
  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16988.40
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: NC10
  • Zoning Description: Irregular
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 778.00
  • Assessor Parcel Number: 06-035.00-015
  • Tax Total Finished Sq Ft: 2125
  • Tax Year: 2022
  • Close Date: 05/31/2024

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2024
Closed on
Jun 4, 2024
Sold by
Niemkewicz Helen Marie and Bukay Andrea M
Bought by
Sanders Eric and Mcdowell Rita
Seller's Agent
John Sanders
Tesla Realty Group, LLC
Buyer's Agent
John Sanders
Tesla Realty Group, LLC
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Views
431
Current Estimated Value
$446,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,309
Avg. Annual Appreciation
8.52%
Original Mortgage
$380,000
Outstanding Balance
$375,288
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$71,021

Purchase Details

Closed on
Oct 1, 1982
Bought by
Niemkiewicz Helen Marie
Source: Public Records

Range of Values:

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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
Sanders Eric -- None Listed On Document
Niemkiewicz Helen Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Eric $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $400,000 +0.3% $24 / Sq Ft
04/15/2024 04/15/24 Price Changed $399,000 -2.7% $23 / Sq Ft
04/07/2024 04/07/24 For Sale $410,000 -- $24 / 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
2024 $2,740 $72,000 $15,300 $56,700
2023 $750 $72,000 $15,300 $56,700
2022 $767 $72,000 $15,300 $56,700
2021 $866 $72,000 $15,300 $56,700
2020 $866 $72,000 $15,300 $56,700
2019 $901 $72,000 $15,300 $56,700
2018 $813 $72,000 $15,300 $56,700
2017 $801 $72,000 $15,300 $56,700
2016 $711 $72,000 $15,300 $56,700
2015 $658 $72,000 $15,300 $56,700
2014 $657 $72,000 $15,300 $56,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2057322

Bright MLS

APN: 06-035.00-015