NOT LISTED FOR SALE

92 Cinnamon Way Magnolia, DE 19962

Estimated Value: $470,000 - $517,000

4 Beds
3.5 Baths
3,150 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $440,000 $140 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,037/month

6 Days on Market

Highlights

  • Water Views
  • Water Oriented
  • Clubhouse
  • Caesar Rodney High School Rated A-
  • Colonial Architecture
  • Pond

About This Home

As of October 2022

Located in The Reserves at Chestnut Ridge in Magnolia with access to Dover AFB 10-15 minutes and beaches 40 minutes away! This custom home has been well kept. The first floor has a grand entrance with a two-story foyer leading to the family room, living room, office, and adjacent dining room built for entertaining. The kitchen features a top range, a separate breakfast area, and access to lots of natural light that overlooks the backyard. 2-car garage complete with its own double-door and a main floor laundry. The partially finished basement features a recreation room. Upstairs, the master bath features a soaking tub and a separate walk-in shower. There are also 3 large bedrooms with lots of closet space and a 2nd full bath. Great home in an awesome Caesar Rodney school district and location.

Last Agent to Sell the Property

Jonathan Park

RE/MAX Edge License #RA-0020901 Listed on: 08/29/2022

Last Buyer's Agent

Erin Tyler

Crown Homes Real Estate License #RS0025824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,485

Year Built

  • Built in 2013

Lot Details

  • 0.27 Acre Lot
  • Property is zoned AC

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Water Views
  • Partially Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 3000-000
  • Assessor Parcel Number NM-00-11203-10-3000-000

Community Details

Overview

  • Resrv Chestnut Ridge Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,485

Year Built

Built in 2013

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer And Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: Located in The Reserves at Chestnut Ridge in Magnolia with access to Dover AFB 10-15 minutes and beaches 40 minutes away! This custom home has been well kept. The first floor has a grand entrance with a two-story foyer leading to the family room, living room, office, and adjacent dining room built for entertaining. The kitchen features a top range, a separate breakfast area, and access to lots of natural light that overlooks the backyard. 2-car garage complete with its own double-door and a main floor laundry. The partially finished basement features a recreation room. Upstairs, the master bath features a soaking tub and a separate walk-in shower. There are also 3 large bedrooms with lots of closet space and a 2nd full bath. Great home in an awesome Caesar Rodney school district and location.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range Hood, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Breakfast Area
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Office
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3150
  • Living Area Sq Ft: 3150
  • Price Per Sq Ft: 177.42
  • Above Grade Finished Sq Ft: 2480
  • Below Grade Finished Sq Ft: 670
  • Total Below Grade Sq Ft: 670
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 92

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • View: Water
  • Water Access: No
  • Water Body Type: Pond
  • 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 - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 70.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CAESAR RODNEY
  • School District Key: 300200396889
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 58200.00
  • Land Assessed Value: 4600.00
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11690.00
  • Year Assessed: 2021
  • Zoning: AC
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5272186
  • School Tax: 1276.00
  • Tax Annual Amount: 1485.00
  • Assessor Parcel Number: NM-00-11203-10-3000-000
  • Tax Lot: 3000-000
  • Tax Total Finished Sq Ft: 2482
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/14/2022

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Oct 14, 2022
Sold by
Howell Todd
Bought by
Charles William H and Charles Lacey R
Seller's Agent
Jonathan Park
RE/MAX Edge
Buyer's Agent
Erin Tyler
Crown Homes Real Estate
List Price
$440,000
Sold Price
$440,000
Views
19
Current Estimated Value
$500,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,319
Avg. Annual Appreciation
3.70%
Original Mortgage
$455,840
Outstanding Balance
$440,901
Interest Rate
5.89%
Mortgage Type
VA
Estimated Equity
$44,060

Purchase Details

Closed on
Dec 20, 2013
Sold by
Gemcraft Homes Inc
Bought by
Howell Todd and Howell Hyesun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,738
Interest Rate
4.35%
Mortgage Type
VA

Purchase Details

Closed on
Aug 1, 2013
Sold by
Schiff Land Development Company Llc
Bought by
Gemcraft Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,690,000
Interest Rate
4.51%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Charles William H $440,000 --
Howell Todd $302,240 None Available
Gemcraft Homes Inc $33,000 Chesapeake Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charles William H $455,840
Previous Owner Howell Todd $304,100
Previous Owner Howell Todd $308,738
Previous Owner Gemcraft Homes Inc $0
Previous Owner Gemcraft Homes Inc $27,690,000
Previous Owner Gemcraft Homes Inc $27,690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $440,000 0.0% $140 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
09/03/2022 09/03/22 Off Market $440,000 -- --
08/29/2022 08/29/22 For Sale $440,000 0.0% $140 / Sq Ft
05/23/2017 05/23/17 Rented $1,800 0.0% --
04/06/2017 04/06/17 Under Contract -- -- --
03/21/2017 03/21/17 For Rent $1,800 -- --
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 $2,158 $435,300 $103,700 $331,600
2023 $2,021 $62,800 $4,600 $58,200
2022 $1,887 $62,800 $4,600 $58,200
2021 $1,845 $62,800 $4,600 $58,200
2020 $1,839 $62,800 $4,600 $58,200
2019 $1,787 $62,800 $4,600 $58,200
2018 $1,743 $62,800 $4,600 $58,200
2017 $1,705 $62,800 $0 $0
2016 $1,625 $62,800 $0 $0
2015 $1,416 $62,800 $0 $0
2014 -- $61,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2013714

Bright MLS

APN: 7-00-11203-10-3000-000