Check Availability
$540,000
↓ $10K (1.8%)
House - For Sale

2405 MAGNOLIA DR

WILMINGTON, DE 19810
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2775 Sqft
$2,712
Estimated Monthly
$60
HOA / Fees
6.98%
Cap Rate

About This Property

"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.
Unit Size
2,775Ft²
Days on Market
308 days
Land Size
0.69 acres
Price per sqft
$195
Property Type
House
Property Taxes
$218
HOA Dues
$60
Year Built
1958

Listed By

Amanda Au
A Plus Realtors LLC
Kelly Zheng
A Plus Realtors LLC
Last updated: 2 months ago (Bright MLS #DENC2048308)

Price History

Date / Event Date Event Price
May 7, 2024 Price Decreased $540,000
↓ $10K (1.8%)
Price Decreased
Mar 4, 2024 Price Decreased $549,990
↓ $20K (3.5%)
Price Decreased
Dec 12, 2023 Price Decreased $569,990
↓ $26K (4.4%)
Price Decreased
Sep 21, 2023 Price Decreased $595,990
↓ $18K (2.9%)
Price Decreased
Aug 27, 2023 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Garage Features: Garage - Front Entry
Parking Features: Attached Garage, Driveway, Off Street
Attached Garage Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 5
Interior Details

Bedroom Information

Bedrooms on 1st Lower Level: 2
Bedrooms on Main Level: 4

Bathroom Information

Full Bathrooms on 1st Lower Level: 1

Interior Information

Living Area Square Feet Source: Assessor

Basement Information

Has Basement
Fully Finished

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 1,384
  • Garage Type: Attached
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 30,056
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,384
  • Gross Building Area: 1,384
  • Building Area: 1,384
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,384
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NAAMANS GARDENS
  • Land Acres: 0.69
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way

Ownership

  • Current Owner : TU KEVIN J
  • Current Owner 2: TU PATRICK
  • Previous Owner : GIZZI MICHAEL J
  • Owner Before Previous Owner: MODELSKI STANLEY F
  • Owner Before Previous Owner 2: MODELSKI PATRICIA E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 06, 2024

Neighborhood

  • School District Name: Brandywine School District
  • School Tax School District: TRS1
  • Census Tract: 011205

Zoning

  • Zoning: NC21

Geography

  • Assessors Map Reference: 06-022
  • District: 06
  • Parcel: 06-022.00-091
  • Lot: D
  • Municipality: BRANDYWINE HUNDRED
  • Latitude: 39.8253
  • Longitude: -75.5141

    Address

  • Full Address: 2405 Magnolia Dr
  • Address - House Number: 2405
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: DE
  • City Name: Wilmington
  • Carrier Code: C062
  • 4-Digit Zip Code: 2419
  • Zip Code: 19810

Valuation

    Tax

  • Total Area: 2,775
  • Tax Year: 2023
  • Tax Amount: $2,574
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: LC02;TRS1

    Appraisal Valuation

  • Standard Deviation: 0.1155
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 87
  • Final Value: 580,116
  • High Value: 647,151
  • Low Value: 513,081

    Market Valuation

  • Market Total Value: $354,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,000
  • Assessed Land Value: $18,300
  • Assessed Improvements Value: $55,700

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Transaction ID: 11839862476
  • Current Sale Price: $400,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20210614-0069207
  • Previous Sale Recording Date: May 31, 2002
  • Previous Sale Contract Date: May 29, 2002
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: TRIDENT MTG COMPANY LP
  • Previous Mortgage Transaction Date: May 31, 2002
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2032

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
2,425 ft²
$206/ft²
$500,000 Apr 11, 2024
$500,000 May 14, 2024
$45/mo
House
4 Beds
3 Baths
2,800 ft²
$216/ft²
$604,000 Mar 15, 2023
$604,000 May 25, 2023
-
House
3 Beds
2 Baths
2,050 ft²
$222/ft²
$455,000 Feb 2, 2024
$455,000 Mar 15, 2024
$100/mo
House
4 Beds
3 Baths
1,975 ft²
$263/ft²
$520,000 Sep 8, 2023
$520,000 Oct 24, 2023
-
House
4 Beds
3 Baths
1,950 ft²
$238/ft²
$464,900 Jun 23, 2023
$464,900 Aug 1, 2023
-
House
4 Beds
3 Baths
1,875 ft²
$254/ft²
$477,000 Oct 1, 2021
$477,000 Nov 23, 2021
$40/mo
In Contract
House
4 Beds
3 Baths
2,500 ft²
$224/ft²
$560,000 Apr 24, 2024
-
-
In Contract
House
4 Beds
3 Baths
2,625 ft²
$227/ft²
$595,000 May 6, 2024
-
-
House
4 Beds
3 Baths
2,500 ft²
$206/ft²
$515,000 May 16, 2024
-
-
House
4 Beds
3 Baths
1,975 ft²
$286/ft²
$565,000 Jun 20, 2024
-
-
House
3 Beds
2 Baths
1,753 ft²
$294/ft²
$515,000 Jun 13, 2024
-
-
House
3 Beds
3 Baths
1,788 ft²
$274/ft²
$490,000 Jun 14, 2024
-
$40/mo

About Naamans Gardens


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Frequently Asked Questions

When was property at 2405 Magnolia Drive built and last sold?
The property at 2405 Magnolia Drive was built in 1958 and last sold on Jun 9, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 2405 Magnolia Drive is $553,339.
What are some comparable homes to 2405 Magnolia Drive?
Homes that are comparable to 2405 Magnolia Drive include a house property at 2615 Marhill Drive, 2513 Wexford Drive, 2511 North Gate Road.

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