tomo logo

$365,610Estimated home value

Beds
3
Baths
2.0
sq ft
1,765

278 Phillips Dr, Magnolia, DE 19962

278 Phillips Dr

MAGNOLIA, DE 19962

  • Off market
    • Price drop $9,900↓
Award winning CR School District. This home is brightly lit by large windows and features an open floor plan for a casual yet elegant lifestyle. The kitchen is ideal for spending life’s most delicious moments, gathered around the counter or cooking at the natural gas range. The kitchen area balances an elegant aesthetic with warmth and charm, thanks to lovely finishes. The dining area with sliders opens to a concrete patio perfect for al fresco dining and the fenced backyard. The open concept layout flows effortlessly into the light and bright living room area. The owner's suite is beautifully appointed with an en-suite bath and walk in closet. Two more bedrooms and a full bath round out the main level nicely. Check out the 3D virtual tour. Make your move!

Details

Property type

Single Family Residence

Est. home value

$365,610

Lot size

0.25 acres

Price per sq ft

$221

Year built

2020

Annual property taxes

$1,045

Monthly HOA fee

$20.83

Price History

10/01/2024
Bright

Bright #DEKT2029324

Removed
$390,000
09/19/2024
Bright

Bright #DEKT2029324

Price change
$390,000
-2.48%
07/25/2024
Bright

Bright #DEKT2029324

Price change
$399,900
-2.44%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

CAESAR RODNEY

Community features: 

Sidewalks

School district: 

CAESAR RODNEY

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

$179,279
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$179,521
Cash to seller
$179,279

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

Seller’s Loan History

Lender

249 Corp

Loan start date

June 2020

Original loan amount

$198,368

Est. remaining balance

$179,521

Interest rate

3.28%

Loan type

New Conventional, 30 year

Seller

George Sears and Julie Sears

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: Off Market

Tomo last checked: 01/14/2025 at 11:45 PM

Listing updated: 09/23/2024 at 11:07 PM

Listed by: S Walton Simpson, Walt Simpson Realty Phone #: (302) 697-0110

MLS: Bright #DEKT2029324

Bright logo

Recently listed in MAGNOLIA

$315,000|3 bd|2.5 ba|Townhouse
$380,000|3 bd|2.0 ba|House
$539,900|4 bd|3.5 ba|House
$515,000|3 bd|3.0 ba|House
$120,000|2 bd|1.0 ba|Manufactured
$135,900|3 bd|2.0 ba|Manufactured
$520,000|4 bd|2.5 ba|House
$400,000|3 bd|2.0 ba|House
$509,000|4 bd|2.5 ba|House