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$403,736Estimated home value

Beds
2
Baths
2.0
sq ft
1,614

481 Nicklaus Ln, Magnolia, DE 19962

481 Nicklaus Ln

MAGNOLIA, DE 19962

  • Sold On 5/26/2021
Go big or go home right? Well now's your chance to do both!! This beautiful, 2 bedroom 2 full bath, home is situated in Champion's Club, a unique 55+ community located in Magnolia and one of the most sought after places in Delaware to retire. Why not take advantage of all that Delaware has to offer? Not only are you close to shopping, restaurants, Rt1, the beaches, and both Bayhealth campuses, but Champions' Club amenities include golfing, pool and holiday parties, tennis, knitting, quilting, book clubs, game nights, a fitness center and exercise classes, bocce, billiards, social events and movie nights.. You will never be bored! This open floor plan creates a spacious area for easy entertaining or a quiet movie night in front of the gas fireplace. Additional features include beautiful hardwood floors, open kitchen with wet bar perfect for bar stools and extra seating for those family gatherings, gas stove, built in microwave, tons of cabinet space, a walk in closet and full bath for the master suite and a mud room with washer and dryer. An inviting front porch and enclosed porch allow for the perfect opportunity to enjoy quite evenings, social gatherings, or a crossword puzzle and coffee in the morning. The 2 car garage and unfinished basement allow for additional storage areas. So lets not only go big, but lets also go home, to this home!

Details

Property type

Single Family Residence

Est. home value

$403,736

Lot size

8,511 sq ft

Price per sq ft

$202

Year built

2015

Annual property taxes

$1,019

Monthly HOA fee

$212

Price History

11/08/2024
Bright

Bright #DEKT2030524

Removed
$411,000
08/20/2024
Bright

Bright #DEKT2030524

Listed
$411,000
08/13/2024
Bright

Bright #DEKT2029852

Removed
$411,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$136,318
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$162,682
Cash to seller
$136,318

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

Seller’s Loan History

Lender

First Home Bank

Loan start date

May 2021

Original loan amount

$176,000

Est. remaining balance

$162,682

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Marvin Richter and Carol Richter

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: 01/11/2024 at 4:21 PM

Listed by: Audrey Ellen Wagamon, First Class Properties Phone #: (302) 677-0770

MLS: Bright #DEKT246378

Bright logo

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