NOT LISTED FOR SALE

76 Cinnamon Way Magnolia, DE 19962

Estimated Value: $464,000 - $518,000

4 Beds
3.5 Baths
3,591 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $299,000 $83 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,968/month

37 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Community Pool
  • Caesar Rodney High School Rated A-
  • 1 Fireplace
  • 2 Car Direct Access Garage

About This Home

As of June 2018

Meticulously maintained and move in ready, this 4 bedroom, 3.5 bath home has everything on your list and is located in the popular clubhouse community of The Reserves at Chestnut Ridge in Magnolia. Situated on one of the best lots in the community, this home backs to the clubhouse and has unrestricted views of the pond and open space. You are greeted by a quaint, covered front porch and a large foyer as you enter this home. If you like to cook, you will love the spacious kitchen with center island seating, 42" cabinets, tile flooring and a breakfast area over-looking the large family room with gas fireplace. This open floor plan concept is great for entertaining and yet gives a comfortable, cozy feel! Completing the first floor are a formal living room, formal dining room and a half bath. The 2nd floor showcases 4 bedrooms, including a spacious master suite featuring a walk-in closet, a huge luxury bath with soaking tub, separate shower, and double sinks. Three additional generous sized bedrooms, a full bath and a laundry room complete the 2nd floor. Ready to unwind after a long day or have your family and friends over for some movies or just to hang out? The finished basement with full bath offers a ton of space to spread out and entertain! There is plenty of storage space with a two-car garage, some additional unfinished space in the basement and a shed. Enjoy the upcoming warm evenings on the back deck or on the patio with a built-in fire pit. Unique to this community and hard to find in this area is the impressive clubhouse with gathering area, banquet rooms, gym, pool area, which includes a kiddie pool, and a playground. Leisurely walks around the neighborhood are made easy with sidewalks and street lights. An ideal location, close to Rt. 13, Rt. 1, and a short commute to Dover Air Force Base, Downtown Dover and the local beaches. Also located in the award winning Caesar Rodney School District. Lovingly cared for by the current owner, all that is needed here are new owners anxious to enjoy this amazing home! Don't miss out on your chance to own a home backing to the pond and clubhouse, schedule your tour today!

Last Agent to Sell the Property

Deborah Oberdorf

Bryan Realty Group License #R3-0019160 Listed on: 04/12/2018

Last Buyer's Agent

Andrew Bryan

Bryan Realty Group License #RB-0030961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 2014

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 84x140
  • Property is in good condition
  • Property is zoned AC

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on upper level

Kitchen

  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Shed
  • Porch

Schools

  • Star Hill Elementary School
  • Postlethwait Middle School
  • Caesar Rodney High School

Utilities

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

Listing and Financial Details

  • Tax Lot 3100-000
  • Assessor Parcel Number NM-00-11203-10-3100-000

Community Details

Overview

  • Association fees include pool(s), common area maintenance, snow removal, health club
  • Resrv Chestnut Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,296

Year Built

Built in 2014

Lot Details

0

HOA Fees

$49 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Curtains And Personal Belongings
  • Inclusions: Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2014
  • Remarks Public: Meticulously maintained and move in ready, this 4 bedroom, 3.5 bath home has everything on your list and is located in the popular clubhouse community of The Reserves at Chestnut Ridge in Magnolia. Situated on one of the best lots in the community, this home backs to the clubhouse and has unrestricted views of the pond and open space. You are greeted by a quaint, covered front porch and a large foyer as you enter this home. If you like to cook, you will love the spacious kitchen with center island seating, 42" cabinets, tile flooring and a breakfast area over-looking the large family room with gas fireplace. This open floor plan concept is great for entertaining and yet gives a comfortable, cozy feel! Completing the first floor are a formal living room, formal dining room and a half bath. The 2nd floor showcases 4 bedrooms, including a spacious master suite featuring a walk-in closet, a huge luxury bath with soaking tub, separate shower, and double sinks. Three additional generous sized bedrooms, a full bath and a laundry room complete the 2nd floor. Ready to unwind after a long day or have your family and friends over for some movies or just to hang out? The finished basement with full bath offers a ton of space to spread out and entertain! There is plenty of storage space with a two-car garage, some additional unfinished space in the basement and a shed. Enjoy the upcoming warm evenings on the back deck or on the patio with a built-in fire pit. Unique to this community and hard to find in this area is the impressive clubhouse with gathering area, banquet rooms, gym, pool area, which includes a kiddie pool, and a playground. Leisurely walks around the neighborhood are made easy with sidewalks and street lights. An ideal location, close to Rt. 13, Rt. 1, and a short commute to Dover Air Force Base, Downtown Dover and the local beaches. Also located in the award winning Caesar Rodney School District. Lovingly cared for by the current owner, all that is needed here are new owners anxious to enjoy this amazing home! Don't miss out on your chance to own a home backing to the pond and clubhouse, schedule your tour today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Refrigerator, Disposal
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3591
  • Living Area Sq Ft: 3591
  • Net Sq Ft: 2483.00
  • Price Per Sq Ft: 120.78
  • Above Grade Finished Sq Ft: 2483
  • Below Grade Finished Sq Ft: 1108
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 76

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, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • 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: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 585.00
  • 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, Health Club
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CAESAR RODNEY
  • Elementary School: STAR HILL
  • Middle School: POSTLETHWAIT
  • High School: CAESAR RODNEY
  • School District Key: 300200396889
  • Elementary School: STAR HILL
  • High School: CAESAR RODNEY
  • Middle Or Junior School: POSTLETHWAIT

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 84X140
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11690.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: AC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5272187
  • Tax Annual Amount: 1296.00
  • Assessor Parcel Number: NM-00-11203-10-3100-000
  • Tax Lot: 3100-000
  • Tax Year: 2017
  • Close Date: 06/26/2018

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jun 26, 2018
Sold by
Pearson Fatima Pacis
Bought by
Boehm Jeremy M and Boehm Nora J
Seller's Agent
Deborah Oberdorf
Bryan Realty Group
Buyer's Agent
Andrew Bryan
Bryan Realty Group
List Price
$305,000
Sold Price
$299,000
Premium/Discount to List
-$6,000
-1.97%
Current Estimated Value
$496,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,849
Avg. Annual Appreciation
6.97%
Original Mortgage
$269,100
Outstanding Balance
$236,121
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$244,698

Purchase Details

Closed on
Jul 15, 2014
Sold by
K Hovnanian Homes Of Delaware Llc
Bought by
Pearson Fatima Pacis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,683
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2014
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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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
Boehm Jeremy M $299,000 None Available
Pearson Fatima Pacis $260,107 None Available
K Hovnanian Homes Of Delaware Llc $117,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boehm Jeremy M $269,100
Previous Owner Pearson Fatima Pacis $260,166
Previous Owner Pearson Fatima Pacis $268,683
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2018 06/26/18 Sold $299,000 -2.0% $83 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $305,000 -- $85 / 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 $2,098 $420,000 $103,700 $316,300
2023 $2,001 $62,000 $4,600 $57,400
2022 $1,892 $62,000 $4,600 $57,400
2021 $1,850 $62,000 $4,600 $57,400
2020 $1,845 $62,000 $4,600 $57,400
2019 $1,769 $62,000 $4,600 $57,400
2018 $1,726 $62,000 $4,600 $57,400
2017 $1,676 $62,000 $0 $0
2016 $1,596 $62,000 $0 $0
2015 $1,390 $62,000 $0 $0
2014 $132 $4,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000387318

Bright MLS

APN: 7-00-11203-10-3100-000