Fantastic 4 bedroom 3.5 bath in sought after Reserve at Chestnut Ridge! Maintained by original owners, this 3215 square foot home with soaring ceilings and an open concept is perfect for entertaining. The heart of the home kitchen featuring custom cabinetry, granite counter tops, stainless appliances and butler’s pantry is flanked by a cheery, light filled sunroom and spacious family room. Primary suite is generous in size with tray ceiling, 5 piece primary bath and ample closets. Additional bedrooms are spacious with large closets and easy access to 2nd floor laundry. Finished walk up lower level offers endless possibilities in addition to large storage areas. Enjoy quiet evenings on the patio overlooking a level lot backing to open space. Garage is oversized with parking for 3 cars! Roof is new in April of 2024 with a 25 year transferrable warranty. Additional highlights are: owned water softening treatment, ceiling fans throughout, high end blinds and rods. HOA is highly desirable with club house, pool, fitness center endless amenities! Located close to Dover to Air Force Base, Rts 1, 13 and 301, beaches, shopping, restaurants and State parks.
Sold for $485,000
$485,000
40 Paysan Ln, Magnolia, DE 19962
4beds
3,215sqft
Single Family Residence
Built in 2015
10,834 Square Feet Lot
$513,500 Zestimate®
$151/sqft
$3,013 Estimated rent
Home value
$513,500
$488,000 - $539,000
$3,013/mo
Zestimate® history
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$3,185/mo
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Zillow last checked:
Listing updated:
Listed by:
Rose Bloom 302-690-3298,
Long & Foster Real Estate, Inc.
Bought with:
Ned Bates, RS0038554
Foraker Realty Co.
Source: Bright MLS,MLS#: DEKT2028756
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 419
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
- Laundry: Upper Level, Laundry Room
Features
- Flooring: Carpet, Vinyl
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 3,215
- Total interior livable area: 3,215 sqft
- Finished area above ground: 2,796
- Finished area below ground: 419
Property
Parking
- Total spaces: 3
- Parking features: Inside Entrance, Garage Door Opener, Attached, Driveway
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: Community
Lot
- Size: 10,834 sqft
- Dimensions: 80.00 x 144.99
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: NM0011203097300000
- Zoning: AC
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Aluminum Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 2015
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Magnolia
- Subdivision: Chestnut Ridge
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $957 annually
- Amenities included: Clubhouse, Fitness Center, Jogging Path, Pool
- Services included: Common Area Maintenance, Snow Removal
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2024 | Sold | $485,000-2.8%$151/sqft |
Source:  Bright MLS #DEKT2028756 Report a problem | ||
| 6/21/2024 | Contingent | $499,000$155/sqft |
Source:  Long & Foster Broker Feed #DEKT2028756 Report a problem | ||
| 6/6/2024 | Listed for sale | $499,000+52.4%$155/sqft |
Source: Long & Foster Broker Feed #DEKT2028756 Report a problem | ||
| 6/2/2016 | Sold | $327,452$102/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,282 +1.5% | $457,800 |
| 2024 | $2,247 +4.6% | $457,800 +575.2% |
| 2023 | $2,148 +5.8% | $67,800 |
| 2022 | $2,030 +2.2% | $67,800 |
| 2021 | $1,987 +0.4% | $67,800 |
| 2020 | $1,980 +4.3% | $67,800 |
| 2019 | $1,899 +2.6% | $67,800 |
| 2018 | $1,850 | $67,800 |
| 2017 | $1,850 +25.7% | $67,800 |
| 2016 | $1,472 +960.7% | $67,800 +1440.9% |
| 2015 | $139 +128% | $4,400 +1000% |
| 2014 | $61 | $400 |
| 2012 | -- | $400 |
| 2011 | -- | $400 |
| 2010 | -- | $400 |
| 2009 | -- | $400 |
| 2008 | -- | $400 |
Find assessor info on the county website
Neighborhood: 19962
Nearby schools
GreatSchools rating
- NAMcilvaine (J. Ralph) Early Childhood CenterGrades: KDistance: 2.7 mi
- 4/10Magnolia Middle SchoolGrades: 6-8Distance: 2.9 mi
- 6/10Caesar Rodney High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- District: Caesar Rodney
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$513,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$513,500
- Delaware
- Kent County
- Magnolia
- 19962
- 40 Paysan Ln
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