Seller's Agent in 2016
Cathy Verne
Patterson Schwartz
(302) 561-0724
5 in this area
128 Total Sales
103 Michelle Ct Unit 103 Newark, DE 19711
Eastern Newark Neighborhood
2
Beds
2
Baths
--
Sq Ft
$275/mo
HOA Fee
Highlights
- 1 Fireplace
- 1 Car Direct Access Garage
- Living Room
- Wilson (Etta J.) Elementary School Rated 9+
- Patio
- En-Suite Primary Bedroom
About This Home
As of February 2016Nice first floor condo with 2 bedrooms and 2 baths. 1 Car Garage with inside access. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. Approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing. Property is being sold in as-is condition with no warranties expressed or implied. Additional addenda is required. Only Offers from Owner Occupants or Public Entities will be considered during the first 15 days of listing.
Property Details
Home Type
- Condominium
Year Built
- Built in 1988
HOA Fees
- $275 Monthly HOA Fees
Parking
- 1 Car Direct Access Garage
- 1 Open Parking Space
Home Design
- Vinyl Siding
Interior Spaces
- Property has 1 Level
- 1 Fireplace
- Living Room
- Dining Room
- Laundry on main level
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Back Up Electric Heat Pump System
- Electric Water Heater
Additional Features
- Patio
- Property is in good condition
Community Details
- Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, insurance
- $1,000 Other One-Time Fees
- Creekside Subdivision
Listing and Financial Details
- Assessor Parcel Number 08-055.30-218.C.0003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2015
Closed on
Feb 19, 2016
Sold by
Guo Xinxin and Dong Gangyi
Bought by
Favazza Vincent
Seller's Agent
Cathy Verne
Patterson-Schwartz-Newark
Buyer's Agent
Ray Dudkewitz
Patterson-Schwartz-Newark
List Price
$110,000
Sold Price
$93,500
Premium/Discount to List
-$16,500
-15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,256
Avg. Annual Appreciation
10.15%
Original Mortgage
$30,000
Interest Rate
3.68%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Jan 5, 2012
Closed on
Jun 12, 2012
Sold by
Federal National Mortgage Association
Bought by
Dong Gangyi and Guo Xinxin
Seller's Agent
Cathy Verne
Patterson-Schwartz-Newark
Buyer's Agent
Cathy Verne
Patterson-Schwartz-Newark
List Price
$94,500
Sold Price
$61,500
Premium/Discount to List
-$33,000
-34.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Purchase Details
Closed on
Nov 10, 2011
Sold by
Pollicino David J
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Apr 15, 2004
Sold by
Keating Jeffrey and Keating Kristine
Bought by
Pollicino David J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,405
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 14, 2002
Sold by
Richards Robert H
Bought by
Keating Jeffrey and Keating Kristin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $93,500 | Attorney | |
| Deed | $61,500 | None Available | |
| Sheriffs Deed | $94,823 | None Available | |
| Deed | $129,900 | -- | |
| Deed | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,000 | New Conventional | |
| Closed | $30,000 | Credit Line Revolving | |
| Previous Owner | $123,405 | Purchase Money Mortgage | |
| Previous Owner | $68,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/19/2016 02/19/16 | Sold | $93,500 | -6.5% | -- |
| 01/19/2016 01/19/16 | Pending | -- | -- | -- |
| 12/07/2015 12/07/15 | Price Changed | $100,000 | -2.4% | -- |
| 11/05/2015 11/05/15 | Price Changed | $102,500 | -2.4% | -- |
| 10/13/2015 10/13/15 | Price Changed | $105,000 | -2.7% | -- |
| 09/01/2015 09/01/15 | Price Changed | $107,900 | -1.9% | -- |
| 08/11/2015 08/11/15 | For Sale | $110,000 | +78.9% | -- |
| 06/12/2012 06/12/12 | Sold | $61,500 | -27.6% | -- |
| 06/01/2012 06/01/12 | Pending | -- | -- | -- |
| 05/17/2012 05/17/12 | Price Changed | $85,000 | -10.1% | -- |
| 04/27/2012 04/27/12 | For Sale | $94,500 | 0.0% | -- |
| 03/23/2012 03/23/12 | Pending | -- | -- | -- |
| 01/05/2012 01/05/12 | For Sale | $94,500 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $600 | $55,500 | $8,300 | $47,200 |
| 2022 | $603 | $55,500 | $8,300 | $47,200 |
| 2021 | $593 | $55,500 | $8,300 | $47,200 |
| 2020 | $581 | $55,500 | $8,300 | $47,200 |
| 2019 | $582 | $55,500 | $8,300 | $47,200 |
| 2018 | $509 | $55,500 | $8,300 | $47,200 |
| 2017 | $488 | $55,500 | $8,300 | $47,200 |
| 2016 | $1,810 | $55,500 | $8,300 | $47,200 |
| 2015 | -- | $55,500 | $8,300 | $47,200 |
| 2014 | -- | $55,500 | $8,300 | $47,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2016
Ray Dudkewitz
Patterson Schwartz
(302) 545-9278
2 in this area
74 Total Sales
Map
Source: Bright MLS
MLS Number: 1003807354
APN: 08-055.30-218.C-0003
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