3116 Walnut Shade Road Magnolia, DE $ 390,000
3116 Walnut Shade Road
$ 390,000
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3116 Walnut Shade Road

Magnolia, DE, 19962
$ 390,000
Bedrooms3 Baths1.1 Sq 1,988

Monthly Estimate*

$ 2,463

3116 Walnut Shade Road, Magnolia, DE 19962 - Image 1
3116 Walnut Shade Road, Magnolia, DE 19962 - Image 2
3116 Walnut Shade Road, Magnolia, DE 19962 - Image 3
3116 Walnut Shade Road, Magnolia, DE 19962 - Image 4
3116 Walnut Shade Road, Magnolia, DE 19962 - Image 5

Single Family Home for sale in Magnolia, DE

for $390,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,988 square foot home was built in 1965 on a lot size of 1.7.

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.

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Single Family Active

Price

$ 390,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,240

Style

Ranch/Rambler

Lot Size

1.7

Year Built

1965

Town/City

Magnolia

County/Region

Kent

MLS | Web ID

DEKT2050918

Features
General
Living Area 1988
Sewer On Site Septic
Heating Wood Burn Stove
Cooling Central A/C
Possession Settlement
Roof Shingle
Appliances Water Heater
Zoning RMH
Garage Spaces 1.00
Patio/Porch Features Enclosed Porch(es)
Architectural Style Ranch/Rambler
Security Features Smoke Detector Surveillance Sys Exterior Cameras
Construction Materials Stick Built
School District CAESAR RODNEY
Year Built 1965
Levels 1
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Building Name None Available
Accessibility None
Additional Parcels Description Adjacent 0.90-acre vacant parcel Offered separately. See MLS # DEKT2050920.
County KENT
New Construction N
Property Type Residential
HOA N
Subdivision Name NORMANSMEADE
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 1
Status ACTIVE
Directions Please use GPS for most accurate directions.
City MAGNOLIA
Disclosures Agent Related to Owner
Senior Community Y/N N
MLS Area Caesar Rodney (30803)
Lot Size Units Square Feet
Lot Size Square Feet 74052.00
Tax Annual Amount 1240.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 196.18
Acceptable Financing Cash Conventional
Additional Parcels Y/N Y
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 0800-000
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Interior
Interior Amenities Attic Ceiling Fan(s) Dining Area Kitchen - Eat-In Wood Floors
Heating Fuel Oil Wood
Basement Sump Pump
Flooring Hardwood Tile/Brick Carpet
Total Fireplaces 2
Fireplace Features Wood
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1988
Half Baths 1
Central Air Y/N Y
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
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
Parking Features Asphalt Driveway
Water Source Well
Garage Features Garage - Front Entry Inside Access
Type of Parking Attached Garage Driveway
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Size Acres 1.70
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 125400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3116
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* Excluded Features
List By
Keller Williams Realty

Broker

lizashomes4u@gmail.com

Email

Affordability Calculator

$2,566
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
$103
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2317098 Elementary School
2317097 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/24/2026$390,000 Listed Price

Map


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3116 Walnut Shade Road, Magnolia, DE, 19962 is a Single Family Home for sale at $390,000 with 1,988 sqft and a lot size of 1.7. 3116 Walnut Shade Road has 3 bedrooms, 1.1 baths, and was built in 1965. The property's zip code is 19962 which is in Magnolia, DE