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$235,000

  • Sold
  • Closed
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,020 Sq. Ft.
  • 1 Car Garage
  • Updated 1 day ago
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Priced to SELL! 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 throughout-ideal 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!

Full Property Details for 318 Derby Way

General

  • Sold For: $235,000
  • HOA FEE: $33/month
  • HOA FEE FREQ.: Annually
  • Taxes: $879 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2102930
  • Added to Site: 143 day(s) ago

Interior

  • Interior Features: Bathroom - Tub Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom
  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main & Up: 2

Other Rooms

  • Laundry: Dryer In Unit, Washer In Unit

Exterior

  • Porch/Patio/Deck: Deck(s)

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Concrete Driveway
  • Parking Type: Attached Garage
  • Garage Description: Garage Door Opener

Location

  • Area: Dagsboro Hundred (31005)
  • County: SUSSEX
  • Subdivision: MAGNOLIA MEADOWS
  • Driving 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 Limits: Yes

School Information

  • School District: Indian River
  • Elementary School: East Millsboro
  • Middle School: Millsboro
  • High School: Indian River

Community

  • Association: Yes
  • Assoc. Name: MAGNOLIA MEADOWS
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Twin/Semi-Detached
  • Construction: Stick Built, Vinyl Siding
  • Foundation: Slab
  • Roof: Architectural Shingle
  • Stories Description: Main
  • Square Feet: 1,020
  • Sq. Ft. Source: Assessor
  • Living Area: 1,020 Sq. Ft.
  • Finished Above Grnd: 1,020 Sq. Ft.
  • Year Built: 1997
  • Year Built Source: Assessor

Additional Structures

  • Other Structures: Shed

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,049
  • Lot Size Source: Assessor
  • Lot Dimensions: 40.00 x 84.00
  • Zoning: TN
  • Fencing (Description): Partially

Financial Considerations

  • Price Per Sq. Ft.: $230.39
  • Association Fee: $400
  • Assoc Fee Freq.: Annually
  • Assessment Year: 2025
  • School Tax: $417
  • City/TownTax: $416
  • City/TownTax Freq: Annually
  • County Tax: $46
  • County Tax Freq: Annually
  • Tax Amount: $879
  • Tax Year: 2025
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 1020

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: Garage Shelving
  • Lot Number: 83

Listed by Keller Williams Realty, Krystal Casey
Sold by Patterson-Schwartz-Rehoboth, Lisa Michels

Listing agent

— 318 Derby Way —

  • Krystal Casey

    Keller Williams Realty

Listing Office Email: walt.t@kw.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 318 Derby Way

School District:Indian River School District
NameGradesDistance
East Millsboro Elementary School
29346 Iron Branch Road, Millsboro, DE 19966
PK-50.4 mi
Millsboro Middle School
302 East State Street, Millsboro, DE 19966
6-80.5 mi
Sussex Central High School, Georgetown, DE
26026 Patriots Way, Georgetown, DE 19947
8-123.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 318 Derby Way

Date
Details
Price
Change
Source
5/29/2026
Sold
$235,000
—
MLS
3/16/2026
Price Reduced
$235,000
-4.08%
MLS
3/06/2026
Price Reduced
$245,000
-2%
MLS
1/12/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Realty, Krystal Casey
Sold by Patterson-Schwartz-Rehoboth, Lisa Michels

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318 Derby Way, Millsboro, DE 19966 (MLS# DESU2102930) is a Single Family property that was sold at $235,000 on May 29, 2026. Want to learn more about 318 Derby Way? Do you have questions about finding other Single Family real estate for sale in Millsboro? You can browse all Millsboro real estate or contact a Coldwell Banker agent to request more information.