2 months on rocket

554 Lexington Mill Rd, Magnolia, DE, 19962

$699,000

Home List Price

$8,301*

Closing Credit

3 Bedrooms
2 Full Baths
2,190 SqFt
$319/SqFt
House

Location

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554 Lexington Mill Rd, Magnolia$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Storage Area, Built In, Covered Parking, Garage - Front Entry, Garage Door Opener, Inside Access, Other, Attached Garage, Detached Carport, Detached Garage, Off Street
Garage5 spaces
Year Built1983
HeatingBaseboard, Forced Air, Wood Stove, Other
CoolingCentral Air
BasementYes
ViewCreek/Stream, Trees/Woods
MLS #DEKT2031528
Lot Size12.60 Acres
StatusActive
(ACTIVE)

About 554 Lexington Mill Rd

Nestled in over 12+ acres of serene forest with a crystal clear stream, this 3 bed/2bath custom built home was designed in the style of a New England Salt Box from the top of the dormer windows right down to the Cedar Board and Batten siding. The 2,190+/-sqft above grade includes a dedicated hot tub room, sauna, Florida room, attached greenhouse room, living room area with exposed beams and a beautiful modern kitchen. In addition there is a 350+sqft partially finished basement which has a full bar with faux stained glass lighting and nearby exercise and laundry rooms. The kitchen has matching black appliances, a 2 tiered island, granite counter tops, and spills into the vaulted family room with access to the wrap around deck. Complete with an attached garage, a detached 3 bay outbuilding with an additional carport, and even a custom built golf cart garage. The mature cedar, oak, pine, maple, and gum trees create a peaceful canopy over the property. While the use of smart HVAC controls via phone app and Blink security cameras keep your getaway cozy and safe. Matching metal roofing protects and unifies all the structures on this 1-of-a-kind property that has to be experienced to be appreciated. Make an appointment to walk-through your new sanctuary.

Property Details

Property Features

Property Information:

  • Architectural Style: Salt Box
  • Year Built: 1983
  • Stories: 2
  • Living Area: 2,190 SqFt

Listing Office:

  • Office Name: Myers Realty
  • Office Phone: (302) 674-4255
  • Listing Agent: John Willard

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Creek/Stream, Trees/Woods
  • Exterior: Satellite Dish

Parking Information:

  • Garage Space: 5 spaces
  • Parking: Additional Storage Area, Built In, Covered Parking, Garage - Front Entry, Garage Door Opener, Inside Access, Other, Attached Garage, Detached Carport, Detached Garage, Off Street

Virtual/3D Tour

  • Virtual Tour: 554 Lexington Mill Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 12.60 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air, Wood Stove, Other
  • Cooling: Central Air

Other

Directions Information:

  • Directions: rt13 to Irish Hill Road, Left on Lexington Mill and left onto the private drive, and a left on to the property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $319/SqFt

Tax Information:

  • Annual Amount: $1,374
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Magnolia, DE.

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Magnolia, DE

City

Med. Sold Price

$355K

Med. Price/SqFt

$206

Avg. Days On Market

17

# of Sold Homes

13

554 Lexington Mill Rd vs Magnolia

65 DAYS ON ROCKET

+48 Days

$699,000

+$344K More

$319/SqFt

+$113 More

KEY TAKEAWAY

This property is $344K more than the Median Sold Price and $113/SqFt more than other homes in Magnolia, DE.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DEKT2031528

Listing Office:

  • Office Name: Myers Realty
  • Office Phone: (302) 674-4255
  • Listing Agent: John Willard

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,374$58,100
2020$1,363$58,100
2019$1,274$58,100
2018$1,238$58,100
2017$1,238$58,100

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-807598
7
/10

  • Lake Forest East Elementary School

  • 124 W Front St

  • 3.23 miles

  • Public District Grades KG-3

school-card-donut-807599
9
/10

  • Allen Frear Elementary School

  • 238 Sorghum Mill Rd

  • 3.70 miles

  • Public District Grades 1-5

school-card-donut-807600
7
/10

  • Star Hill Elementary School

  • 594 Voshells Mill Star Hill Rd # Ro

  • 3.94 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,865. Typical income of Magnolia, DE residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 554 Lexington Mill Rd

What is the listing price of this property?

The listing price of 554 Lexington Mill Rd property is $699,000.

What type of property is this?

The property 554 Lexington Mill Rd is a house located in Magnolia, Delaware, 19962.

Is this property for sale now?

Active Listing: 554 Lexington Mill Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,374 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 554 Lexington Mill Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 554 Lexington Mill Rd is 2,190 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 554 Lexington Mill Rd is 1983.

Rocket Homes›Delaware›Kent County›Magnolia›19962›554 Lexington Mill Rd

This home is located at 554 Lexington Mill Rd in Magnolia, DE and zip code 19962. This 2,190 square foot home, which was built in 1983, sits on a 12.60 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $699,000.

Magnolia, DE housing market in November 2024 saw over 6 listings sold above listed price, more than 5 sold at listed price and over 2 sold below. In November 2024 in Magnolia, DE there were 18.7% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $355,000, while the average time on the real estate market was 17 days.

From Rocket Homes Real Estate and based on county public records data.

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