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$540,000

Beds
6
Baths
3.0
sq ft
2,775

2405 Magnolia Dr, Wilmington, DE 19810

2405 Magnolia Dr

WILMINGTON, DE 19810

  • 311 days on market
    • Price drop $9,990↓
"SALE IN AS IS CONDITION " Beautiful renovated 4 bedroom 2 full bath on main level brick ranch on spacious .69 acre lot in popular North Wilmington close to I-95. Few minutes to Concord Shopping Mall and the PA line . This lovely home feature Electric R.W Blame 42 -inch recessed wall mounted fireplace in living room with adjustable flame speed. Remodeled kitchen with granite counter tops, laundry hook-ups in both basement and garage , Pella front door and front bow window, Anderson insulated glass windows throughout, 2 ceiling fans, 2 full baths on main level , new living, bedroom and kitchen floor , 2 zone heat and 1 zone central A/C , attached garage and rear deck overlooking spacious back yard with large shed . Great finished lower level with private entrance , could be an in-law suite with living room , 2 bedrooms, full bath and kitchen . Heated and air conditioning supplied to basement and basement walls are insulated and metal studs were used in construction.

Details

Property type

Single Family Residence

Est. home value

$593,559

Lot size

0.69 acres

Price per sq ft

$195

Year built

1958

Annual property taxes

$2,618

Monthly HOA fee

$5

Price History

08/26/2023

Bright #DENC2048308

Listed
$540,000
+35%
06/09/2021

Bright #DENC522990

Sold
$400,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BRANDYWINE

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$409,705
Asking price
$540,000
Closing costs (~8% of asking)
-$43,200
Est. remaining loan balance
-$87,095
Cash to seller
$409,705

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Trident Mtg Company Lp

Loan start date

May 2002

Original loan amount

$180,000

Est. remaining balance

$87,095

Interest rate

6.99%

Loan type

Not Provided, 30 year

Seller

Michael J Gizzi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/02/2024 at 7:30 PM

Listing updated: 06/15/2024 at 6:34 AM

Listed by: Amanda Au, A Plus Realtors LLC Phone #: (215) 618-2282

MLS: Bright #DENC2048308

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