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Sold for $580,000
  • $580,000

    503 Masters Ln, Magnolia, DE 19962

    4beds
    3,837sqft
    Single Family Residence
    Built in 2003
    0.76 Acres Lot
    $572,400 Zestimate®
    $151/sqft
    $3,309 Estimated rent

    Home value

    $572,400

    $544,000 - $601,000

    $3,309/mo

    Zestimate® history
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    What's special

    Unique koi pondRecently updated ensuite bathroomLarge bonus roomHuge full footprint basementSpacious dining roomSeparate deckNewer appliances
    Welcome home to beautiful 503 Masters Lane in Magnolia in the fabulous golf community of Jonathan's Landing. You've got to come see this home! Sitting quietly on a cul-de-sac so no through traffic, it's the home that just keeps getting better and better as you walk through it. Enter into the 2 story foyer with your spacious dining room to your right and your den/office/flex room on the left. Continue straight on to the living room with it's impressive cathedral ceilings, a beautiful shiplap wall and a lovely mantel in front of the cozy gas fireplace. The kitchen features granite countertops, newer appliances, plenty of workspace, beautiful engineered hardwood floors, and a wonderful view through the sunroom to the sunny backyard. The home boasts a roomy main level primary with a walk in closet and recently updated ensuite bathroom. Upstairs are 3 more bedrooms and a large bonus room that can be used as a bedroom, game room, media room, play room, you name it! Under it all is the huge, full footprint basement that's just waiting for you to finish into a multifunction living and entertaining space. Moving outside you'll find a unique koi pond and a semi inground pool with decking galore! There's so much room for entertaining here from the pool, to the separate deck, the gorgeous stone/paver patio with built in seating, and the expansive fenced backyard that faces the 14th hole on Jonathan's Landing golf course. Speaking of the golf course, if you're a golfer, you're going to love this! Jonathan's Landing is an 18 hole championship course that's known for it's links-style layout with marshland, rolling greens, and strategic bunkers, offering a challenge for various skill levels. There's a full driving range, practice greens, and a clubhouse as well with banquet facilities and a restaurant and pub. All of this with NO HOA and it's located in the award winning Caesar Rodney school district AND the cherry on top is that it's located in Delaware Electric Coop's territory!! Tell your agent that this is the ONE and have them schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Mullen 302-359-9532,

    Iron Valley Real Estate Premier

    Bought with:

    Michelle Spicer, RS-0024761

    MASTEN REALTY LLC

    Source: Bright MLS,MLS#: DEKT2048680MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Bedroom 1, Sun/Florida Room, Bathroom 2, Bonus Room, Primary Bathroom
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: Main
    • Area: 247 Square Feet
    • Dimensions: 13 X 19
    Bedroom 1
    • Level: Upper
    • Area: 154 Square Feet
    • Dimensions: 14 X 11
    Bedroom 2
    • Level: Upper
    • Area: 121 Square Feet
    • Dimensions: 11 X 11
    Bedroom 3
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12 X 12
    Primary bathroom
    • Level: Main
    Bathroom 2
    • Level: Upper
    Bathroom 2
    • Level: Main
    Bonus room
    • Level: Upper
    • Area: 504 Square Feet
    • Dimensions: 24 X 21
    Dining room
    • Level: Main
    Family room
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 13 X 15
    Foyer
    • Level: Main
    Kitchen
    • Level: Main
    • Area: 270 Square Feet
    • Dimensions: 18 X 15
    Living room
    • Level: Main
    Other
    • Features: Flooring - Tile/Brick
    • Level: Main
    • Area: 198 Square Feet
    • Dimensions: 11 X 18
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Natural Gas
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer, Gas Water Heater
    Features
    • Formal/Separate Dining Room, Kitchen Island, Kitchen - Table Space, Primary Bath(s), Entry Level Bedroom, Family Room Off Kitchen, Upgraded Countertops, Walk-In Closet(s)
    • Flooring: Ceramic Tile, Engineered Wood, Wood
    • Basement: Full,Concrete,Sump Pump,Space For Rooms
    • Number of fireplaces: 1
    • Fireplace features: Mantel(s), Gas/Propane
    Interior area
    • Total structure area: 3,837
    • Total interior livable area: 3,837 sqft
    • Finished area above ground: 3,837
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage Faces Side, Driveway, Attached, Off Street, On Street
    • Attached garage spaces: 2
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio
    • Exterior features: Extensive Hardscape
    • Has private pool: Yes
    • Pool features: Filtered, Private
    • Fencing: Split Rail,Back Yard
    • Has view: Yes
    • View description: Golf Course
    Lot
    • Size: 0.76 Acres
    • Dimensions: 150.00 x 220.02
    • Features: Adjoins Golf Course
    Details
    • Additional structures: Above Grade, Below Grade, Outbuilding
    • Parcel number: NM0010501011700000
    • Zoning: AC
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stick Built, Vinyl Siding
    • Foundation: Block
    • Roof: Architectural Shingle
    Condition
    • Excellent
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: On Site Septic
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Jonathans Landing
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Magnolia

    Financial & listing details

    • Price per square foot: $151/sqft
    • Tax assessed value: $456,900
    • Annual tax amount: $1,812
    • Date on market: 7/15/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Black Top

    Price history

    DateEventPrice
    9/9/2026Sold$580,000$151/sqft
    Source: Bright MLS #DEKT2048680 Report a problem
    7/25/2026Contingent$580,000$151/sqft
    Source: Bright MLS #DEKT2048680 Report a problem
    7/15/2026Listed for sale$580,000+30.3%$151/sqft
    Source: Bright MLS #DEKT2048680 Report a problem
    7/3/2023Listing removed--
    Source: Bright MLS #DEKT248772 Report a problem
    7/16/2021Sold$445,000-1.1%$116/sqft
    Source: Public Record Report a problem
    5/26/2021Pending sale$450,000$117/sqft
    Source: Bright MLS #DEKT248772 Report a problem
    5/14/2021Listed for sale$450,000$117/sqft
    Source: Bright MLS #DEKT248772 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,265 +1.3%$456,900
    2024$2,236 -20.9%$456,900 +382%
    2023$2,826 +6%$94,800
    2022$2,666 +1.1%$94,800
    2021$2,636 +1.7%$94,800
    2020$2,591 +4.2%$94,800
    2019$2,486 +2.7%$94,800
    2018$2,420 +19.8%$94,800
    2017$2,020 +14.4%$94,800
    2016$1,765 +22%$94,800
    2015$1,447 +0.4%$94,800
    2014$1,440 $94,800
    2012-- $94,800
    2011-- $94,800
    2010-- $94,800 -3%
    2009-- $97,700
    2008-- $97,700
    2007-- $97,700
    2005-- $97,700 +7415.4%
    2004-- $1,300
    Find assessor info on the county website

    Neighborhood: 19962

    Nearby schools

    GreatSchools rating
    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
    $572,400
    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
    $572,400