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3116 Walnut Shade Rd , Magnolia, DE 19962
$390,000
Est. Payment: $2,132.84/mo
3 Bed
2 Bath
1988 Sqft
1.7 Acres
Status: active | Days on site: 38
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KWBCH05 - 3197171
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House Description

Professional Photos Coming Soon! Opportunity awaits on 1.7 acres in Magnolia! This 3-bedroom, 1.5-bath ranch offers nearly 2,000 square feet of living space and plenty of potential for a buyer ready to make it their own. While the home still needs some TLC, approximately $90,000 in improvements have already been completed in 2026, providing a substantial head start. Recent updates include a new roof; newly enclosed porch with tile flooring; new exterior doors; new side and rear windows; new siding and insulation along the side and rear of the home; and replaced gutters and downspouts. The skylights have also been sealed, and several trees have been removed from the property. Inside, wood flooring runs throughout much of the home, with the exception of the primary bedroom. The partially finished basement is fully encapsulated and equipped with two sump pumps, while two attic access points provide additional accessibility from the hallway and garage. An attached one-car garage with inside access completes the property. The property is being sold AS-IS and offers an opportunity for a buyer to continue the improvements and create a home that fits their vision. The HVAC system is present but is not currently operational, and no appliances are included. Seller has never occupied the property and will make no repairs. AS-IS Addendum is required with all offers. Looking for even more space? The neighboring 0.90-acre parcel is also being offered for sale separately. See MLS # DEKT2050920 for additional information.

Highlights

Listed by Liza A. Orlando , 3026709074 Keller Williams Realty , 3023600300. Bright MLS

Property Type

Residential

Lot/Acreage
1.7

Year Built

1965

County

Kent

Area

Caesar Rodney (30803)

Neighborhood

Normansmeade

School District

Caesar Rodney

Listing ID

DEKT2050918

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:1
  • ▪ 1/2 Bathrooms:1
Appliances:Water Heater
Air Cond:Central A/C
Fireplaces:Wood,2 Fireplaces
Floor:Hardwood,Tile/Brick,Carpet
Above Ground Sq Ft:1988
Basement:Sump Pump
Other:
  • ▪ Main Floor Bedrooms:3
  • ▪ Additional:Attic, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Wood Floors
Water:Well

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:3
Zoning:RMH
Roof:Shingle
Sewer:On Site Septic
Parking Features:Asphalt Driveway,Garage - Front Entry,Inside Access,Attached Garage,Driveway,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$2,133
Taxes
$103

Home Price

$390,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$78,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,132.84

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,132.84 $103.33 $0.00 $2,236.17
Yearly $25,594.03 $1,240.00 $0.00 $26,834.03
Total $767,820.91 $37,200.00 $0.00 $805,020.91
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Magnolia, DE).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS