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$525,000

Beds
4
Baths
3.5
sq ft
3,680

24908 Magnolia Cir, Millsboro, DE 19966

24908 Magnolia Cir

MILLSBORO, DE 19966

  • 160 days on market
    • Price drop $25,000↓
Welcome to this beautiful 3-bedroom, 3.5-bath home in the vibrant and highly sought-after community of Plantation Lakes! Nestled alongside the Arthur Hills-designed Championship Golf Course, this property offers an abundance of living space perfect for enjoying life's finer moments. The expansive finished basement spans the entire footprint of the home, providing a versatile area ideal for movie nights, game days, or any other activities you can imagine. This home is truly a haven for those seeking comfort in a premier location. Design elements on the main level include rich engineered hardwood flooring, elegant crown molding, and striking architectural columns. Gather for special occasions in a separate dining area or work from home in the private office with double doors. The spacious family room, adorned with a cozy gas fireplace, is perfect for relaxation and unwinding. Guests will gravitate to the gourmet kitchen featuring granite countertops, a decorative backsplash, double sink, stainless steel appliances, a five-burner Gafe gas stove, walnut crown-topped cabinetry, and a convenient storage pantry. The expansive island serves as the centerpiece of the room offering ample countertop space for meal preparation and casual dining. Equipped with seating for multiple guests, it creates a perfect spot for gathering friends whether you are hosting a wine tasting or a casual brunch! Adjacent to the kitchen, the breakfast room offers access to a lovely, screened porch overlooking the picturesque golf course, perfect for enjoying your morning coffee or evening sunset. Retreat to the primary bedroom, which boasts a tray ceiling, walk-in closet, and an ensuite bath complete with a soaking tub, stall shower with bench seating, and a private water closet. Additional features of this charming home include a 3-car garage and a welcoming covered front porch. Plantation Lakes is renowned for its natural beauty, featuring an 18-hole Arthur Hills-designed Championship Golf Course. Residents will enjoy a beautiful clubhouse and the award-winning Landing Bar & Grille. Beyond golf, Plantation Lakes offers a wealth of amenities, including community centers, swimming pools, tennis courts, fitness centers, and more. There is truly something for everyone in this exceptional community. Welcome home to Plantation Lakes!

Details

Property type

Single Family Residence

Est. home value

$397,580

Lot size

6,970 sq ft

Price per sq ft

$143

Year built

2014

Annual property taxes

$3,754.37

Monthly HOA fee

$144.87

Price History

10/07/2024
Bright

Bright #DESU2066294

Price change
$525,000
-4.55%
07/25/2024
Bright

Bright #DESU2066294

Listed
$550,000
+15.79%
08/18/2023
Bright

Bright #DESU2035510

Sold
$475,000

Schools & Community

Elementary school: 

EAST MILLSBORO

Middle school: 

Unknown

High school: 

INDIAN RIVER

Community features: 

Pool, Sidewalks

School district: 

INDIAN RIVER

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

$108,503
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$374,497
Cash to seller
$108,503

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

Seller’s Loan History

Lender

Guild Mortgage Co Llc

Loan start date

August 2023

Original loan amount

$380,000

Est. remaining balance

$374,497

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Gail Desch Jones and David Jones

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: 12/22/2024 at 2:45 PM

Listing updated: 10/07/2024 at 2:16 PM

Listed by: Gary Michael Desch, Northrop Realty Phone #: (302) 703-1144

MLS: Bright #DESU2066294

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