318 Derby Way Millsboro, DE $ 250,000
318 Derby Way
$ 250,000
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318 Derby Way

Millsboro, DE, 19966
$ 250,000
Bedrooms2 Baths2.0 Sq 1,020

Monthly Estimate*

$ 1,539

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Townhouse for sale in Millsboro, DE

for $250,000 with 2 bedrooms and 2 full baths. This 1,020 square foot townhouse was built in 1997 on a lot size of 0.07.

Back on the market at no fault of the seller. Charming twin rancher in the welcoming Magnolia Meadows community, tucked away at the back of the neighborhood yet just minutes from shopping, dining, schools, and the beaches. This bright, open home offers 2 bedrooms, 2 full baths, a garage with shelving, a dedicated laundry room, and ceiling fans throughoutideal for easy, low-maintenance living. The primary bath features a walk-in shower, while the second full bath includes a tub. Major updates have been completed in recent years, including the roof, HVAC, and water heater. Enjoy the sunroom overlooking a private, fenced backyard, plus a spacious deck with retractable awning and a storage shed. Schedule your private tour today!

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Townhouse Active

Price

$ 250,000

Bedrooms

2

Full Bath

2

Property Type

Townhouse

Taxes

$ 879

Style

Lot Size

0.07

Year Built

1997

Town/City

Millsboro

County/Region

Sussex

MLS | Web ID

DESU2102930

Features
General
Living Area 1020
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Roof Architectural Shingle
Zoning TN
HOA Fee 400.00
Garage Spaces 1.00
Patio/Porch Features Deck(s)
Architectural Style Other
Construction Materials Stick Built Vinyl Siding
School District INDIAN RIVER
Year Built 1997
Levels 1
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility 2+ Access Exits Level Entry - Main
Assoc Fee Paid Per Annually
County SUSSEX
New Construction N
Property Type Residential
HOA Y
Subdivision Name MAGNOLIA MEADOWS
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 2
Status ACTIVE
Directions Heading east on Old Landing Road make a right into Magnolia Meadows continue on Magnolia Drive to Derby Way turn left and the home will be on the righ
City MILLSBORO
Association Name MAGNOLIA MEADOWS
Senior Community Y/N N
MLS Area Dagsboro Hundred (31005)
Lot Size Units Square Feet
Lot Size Square Feet 3049.00
Tax Annual Amount 879.0
Structure Type Twin/Semi-Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 245.1
Acceptable Financing Cash Conventional FHA VA
Historic Y/N N
Vacation Rental Y/N N
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active
Year Built Source Assessor
Legal Subdivision MAGNOLIA MEADOWS
Tax Lot 83
Association Recreation Fee N
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Interior
Interior Amenities Bathroom - Tub Shower Bathroom - Walk-In Shower Ceiling Fan(s) Combination Dining/Living Combination Kitchen/Dining Entry Level Bedroom
Heating Fuel Electric
Flooring Carpet Vinyl
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1020
Central Air Y/N Y
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Laundry Type Dryer In Unit Washer In Unit
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Pool No Pool
Fencing Partially
Parking Features Concrete Driveway
Water Source Public
Inclusions Garage Shelving
Garage Features Garage Door Opener
Type of Parking Attached Garage
Foundation Details Slab
Water View Y/N N
Lot Dimensions 40.00 x 84.00
Lot Size Acres 0.07
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 318
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* Excluded Features
List By
Keller Williams Realty

Broker

krystal@thecoastalcollectivegroup.com

Email

Affordability Calculator

$1,613
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$73
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2316433 Elementary School
2316432 Middle School
Indian River High School High School
Pricing History
DatePricePrice ChangeDescription
1/11/2026$250,000 Listed Price

Map


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318 Derby Way, Millsboro, DE, 19966 is a Townhouse for sale at $250,000 with 1,020 sqft and a lot size of 0.07. 318 Derby Way has 2 bedrooms, 2.0 baths, and was built in 1997. The property's zip code is 19966 which is in Millsboro, DE