NOT LISTED FOR SALE

72 Paysan Ln Magnolia, DE 19962

Estimated Value: $498,000 - $537,011

4 Beds
3.5 Baths
2,809 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $330,000 $117 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,035/month

20 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Cathedral Ceiling
  • Caesar Rodney High School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of December 2017

Don't miss out on this beautiful 3 year old home in the high demand Chestnut Ridge community! There are no shortage of upgrades in this gorgeous 4 bedroom, 3.5 bath home including hardwood flooring throughout the entire first floor. If you are looking for an open floor plan then you will not be disappointed. The gourmet kitchen includes granite counter-tops, stainless steel appliances, double oven, electric cook-top, upgraded cabinets and large island. The kitchen flows into a spacious family room with plenty of room to entertain. The morning room has an abundance of natural light to enjoy your morning coffee and leads out to the deck for outdoor entertainment. Enjoy being outside? The yard boasts not only a large shed for your tools but also a beautiful well maintained yard with a irrigation system that runs off its own separate well. The oversized master suite includes two walk in closets as well as a beautiful master bath with large tiled shower and soaking tub. Finished basement provides a large entertainment room, full bathroom and two bonus rooms that could be used as a 5th bedroom and office. The community also provides a clubhouse, two pools, a fitness center and close to shops, dining and 15 minutes to DAFB. Put this house on your tour today!

Last Agent to Sell the Property

Sandra Unkrur

The Moving Experience Delaware Inc License #RS-0022864 Listed on: 10/20/2017

Last Buyer's Agent

Stephanie Lehane

RE/MAX Eagle Realty

RE/MAX Eagle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 2014

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 67x150
  • Property is in good condition
  • Property is zoned AC

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Aluminum Siding

Interior Spaces

  • 2,809 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • W.B. Simpson Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7000-000
  • Assessor Parcel Number NM-00-11203-09-7000-000

Community Details

Overview

  • Association fees include pool(s), common area maintenance, snow removal
  • Built by KHOVANIAN HOMES
  • Chestnut Ridge Subdivision, Hancock Iii Floorplan

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,420

Year Built

Built in 2014

Lot Details

0

HOA Fees

$44 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2014
  • Remarks Public: Don't miss out on this beautiful 3 year old home in the high demand Chestnut Ridge community! There are no shortage of upgrades in this gorgeous 4 bedroom, 3.5 bath home including hardwood flooring throughout the entire first floor. If you are looking for an open floor plan then you will not be disappointed. The gourmet kitchen includes granite counter-tops, stainless steel appliances, double oven, electric cook-top, upgraded cabinets and large island. The kitchen flows into a spacious family room with plenty of room to entertain. The morning room has an abundance of natural light to enjoy your morning coffee and leads out to the deck for outdoor entertainment. Enjoy being outside? The yard boasts not only a large shed for your tools but also a beautiful well maintained yard with a irrigation system that runs off its own separate well. The oversized master suite includes two walk in closets as well as a beautiful master bath with large tiled shower and soaking tub. Finished basement provides a large entertainment room, full bathroom and two bonus rooms that could be used as a 5th bedroom and office. The community also provides a clubhouse, two pools, a fitness center and close to shops, dining and 15 minutes to DAFB. Put this house on your tour today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Double, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal, Energy Efficient Appliances
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Stall Shower, Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, High
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2809
  • Living Area Sq Ft: 2809
  • Net Sq Ft: 2809.00
  • Price Per Sq Ft: 119.26
  • Above Grade Finished Sq Ft: 2809
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 72

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding, Brick
  • Access To Pool: Yes
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • 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: 3
  • Parking Features: Street
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 531.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Club House, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.32
  • Lot Dimensions: 67X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10090.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: AC

Building Info

  • Builder Name: KHOVANIAN HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5272127
  • Tax Annual Amount: 1420.00
  • Assessor Parcel Number: NM-00-11203-09-7000-000
  • Tax Lot: 7000-000
  • Tax Year: 2016
  • Close Date: 12/20/2017

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2017
Closed on
Dec 20, 2017
Sold by
Ricci Timothy M and Ricci Jung A
Bought by
Malone Timothy and Malone Barbara
Seller's Agent
Sandra Unkrur
The Moving Experience Delaware Inc
Buyer's Agent
Stephanie Lehane
RE/MAX Eagle Realty
List Price
$335,000
Sold Price
$330,000
Premium/Discount to List
-$5,000
-1.49%
Current Estimated Value
$519,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,753
Avg. Annual Appreciation
6.07%
Original Mortgage
$264,000
Outstanding Balance
$223,190
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$296,563

Purchase Details

Closed on
May 19, 2014
Sold by
K Hovnanian Homes Of Delaware Llc
Bought by
Ricci Timothy M and Ricci Jung A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,350
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2013
Sold by
Schiff Land Development Company Llc
Bought by
K Hovnanian Homes Of Delaware Llc
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 Buyer Sale Price Title Company
Malone Timothy $330,000 None Available
Ricci Timothy M $357,353 None Available
K Hovnanian Homes Of Delaware Llc $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malone Timothy $264,000
Previous Owner Ricci Timothy M $317,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $330,000 -1.5% $117 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
10/20/2017 10/20/17 For Sale $335,000 -- $119 / 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 $2,169 $437,900 $106,700 $331,200
2023 $2,188 $69,400 $5,000 $64,400
2022 $2,069 $69,400 $5,000 $64,400
2021 $2,025 $69,400 $5,000 $64,400
2020 $2,017 $69,400 $5,000 $64,400
2019 $1,934 $69,400 $5,000 $64,400
2018 $1,885 $69,400 $5,000 $64,400
2017 $1,843 $69,400 $0 $0
2016 $1,760 $69,400 $0 $0
2015 $1,529 $69,400 $0 $0
2014 $1,516 $69,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003285157

Bright MLS

APN: 7-00-11203-09-7000-000