NOT LISTED FOR SALE

788 Chestnut Ridge Dr Unit 454 Magnolia, DE 19962

Estimated Value: $512,485 - $544,000

4 Beds
2.5 Baths
2,687 Sq Ft
$195/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $339,900 $126 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,996/month

Highlights

  • New Construction
  • Traditional Architecture
  • Breakfast Room
  • Caesar Rodney High School Rated A-
  • Community Pool
  • 2 Car Direct Access Garage

About This Home

As of March 2020

The Delaware floor plan that is being built now! A spacious 2 story, 4 bedroom, 2.5 bath home with a 2 car garage and over 2,600 square feet. Located in Magnolia, DE, which is a short drive to shopping, beaches, D.A.F.B. and major highways. The kitchen, dining area and family room are all open to each other for easy entertaining. The kitchen features quartz countertops, soft close cabinetry, stainless appliances, a 5 burner cooktop and double wall ovens with LED and pendant lighting. The second floor laundry adds to the convenience and there is over 700 square feet of finished basement, in the rec room as well as the potential for a future bathroom, thanks to the 3 piece rough in.

Last Agent to Sell the Property

Mary Anne Kowalewski

(240) 375-5074 mak4441@verizon.net KOVO Realty License #RB-0020736 Listed on: 12/04/2019

Last Buyer's Agent

Andrew Bryan

(302) 242-4328 andrewbryanbrg@gmail.com Bryan Realty Group License #RB-0030961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,869

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 77.61 x 140.00
  • Property is in excellent condition
  • Property is zoned AC

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Spray Foam Insulation
  • Blown-In Insulation
  • Low VOC Insulation
  • Shingle Roof
  • Vinyl Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Tile

Interior Spaces

  • 2,687 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Low Emissivity Windows
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Water Proofing System
  • Sump Pump

Eco-Friendly Details

  • Energy-Efficient Appliances
  • ENERGY STAR Qualified Equipment
  • Whole House Exhaust Ventilation

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1200-000
  • Assessor Parcel Number NM-00-11203-08-1200-000

Community Details

Overview

  • Built by K. Hovnanian Homes
  • Chestnut Ridge Subdivision, Delaware Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,869

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Energy Efficient Appliances, Dishwasher, Disposal, Stove, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Interior Amenities: Breakfast Area, Carpet, Dining Area, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Pantry, Walk-In Closet(s)
  • Window Features: Low-E
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Breakfast Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Interior Access, Sump Pump, Water Proofing System
  • Total Sq Ft: 2687
  • Living Area Sq Ft: 2687
  • Price Per Sq Ft: 126.50
  • Above Grade Finished Sq Ft: 2687
  • Above Grade Finished Area Units: Square Feet

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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Blown-In Insulation, Low Voc Insulation, Low Voc Products/Finishes, Spray Foam Insulation, Tile, Vinyl Siding
  • Construction Completed: No
  • 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
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, On Street, Driveway

Utilities

  • Water Sewer Hookup Fee: 5014.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Energy Star Cooling System, Programmable Thermostat, Whole House Exhaust Ventilation
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 550.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 77.61 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10865.00
  • Property Condition: Excellent
  • Zoning: AC
  • In City Limits: No

Building Info

  • Builder Name: K. Hovnanian Homes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5271970
  • School Tax: 9.00
  • Tax Annual Amount: 1869.00
  • Assessor Parcel Number: NM-00-11203-08-1200-000
  • Tax Lot: 1200-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2024
Sold by
Asper Jeffrey Daniel and Asper Seanna Robey
Bought by
Shaw Michelle Nicole
Current Estimated Value
$528,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,672
Outstanding Balance
$499,586
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$25,535

Purchase Details

Closed on
Feb 13, 2023
Sold by
Martini Nicholas James
Bought by
Asper Jeffrey Daniel and Asper Seanna Robey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,411
Interest Rate
6.48%
Mortgage Type
VA

Purchase Details

Listed on
Dec 4, 2019
Closed on
Mar 31, 2020
Sold by
K Hovnanian Delaware Operations Llc
Bought by
Martini Nicholas James and Martini Emily Marie
Seller's Agent
Mary Anne Kowalewski
KOVO Realty
Buyer's Agent
Andrew Bryan
Bryan Realty Group
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$347,717
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Nov 18, 2019
Sold by
Schiff Land Development Company Llc
Bought by
K Hovnanian Delaware Operations 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
Shaw Michelle Nicole $515,000 None Listed On Document
Asper Jeffrey Daniel $425,000 --
Martini Nicholas James $339,900 None Available
K Hovnanian Delaware Operations Llc $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Michelle Nicole $505,672
Previous Owner Asper Jeffrey Daniel $410,411
Previous Owner Martini Nicholas James $347,717
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $339,900 0.0% $126 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $339,900 -- $126 / 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 $2,178 $440,300 $103,700 $336,600
2024 $2,178 $440,300 $103,700 $336,600
2023 $2,138 $67,400 $4,600 $62,800
2022 $2,021 $67,400 $4,600 $62,800
2021 $1,978 $67,400 $4,600 $62,800
2020 $1,950 $66,500 $4,600 $61,900
2019 $11 $500 $500 $0
2018 $11 $500 $500 $0
2017 $10 $500 $0 $0
2016 $10 $500 $0 $0
2015 $9 $500 $0 $0
2014 $9 $500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Bryan

    Buyer's Agent in 2020

    Andrew Bryan

    Bryan Realty Group

    (302) 242-4328

    19 in this area

    229 Total Sales

    Andrew Bryan
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Map

Source: Bright MLS

MLS Number: DEKT233532

Bright MLS

APN: 7-00-11203-08-1200-000

Delaware Kent County Magnolia 19962

788 Chestnut Ridge Dr Unit 454, Magnolia, DE

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