NOT LISTED FOR SALE

1101 Independence Way Unit 1101 Newark, DE 19713

Estimated Value: $226,000 - $268,000

2 Beds
2 Baths
-- Sq Ft
$370/mo HOA Fee

Last Sold June 10, 2019

Last sale price $164,900

Est. 51% increase in value since last sale

Current estimated payment $1,872/month

Highlights

  • Fitness Center
  • Clubhouse
  • Breakfast Room
  • Active Adult
  • Traditional Architecture
  • Porch

About This Home

As of June 2019

Wonderful first floor 2 bedroom, 2 bath condo has covered porch and garage. Features open floor and upgraded in 2018 with new heater, central air conditioner and Navien tankless hot water heater totaling $13,018. Southridge is a secluded 55+ community, beautifully maintained and there is a clubhouse with fireplace, fitness room, library and kitchen facilities for gatherings and parties in the spacious social room. The condo fee covers water, sewer, common area & exterior maintenance, lawn maintenance, snow and trash removal, insurance, clubhouse and management. Great location close to shopping, restaurants, University of Delaware and major roads.

Last Agent to Sell the Property

Mary Lynch

(302) 540-4004 mlynch@psre.com Patterson-Schwartz-Middletown Listed on: 04/30/2019

Patterson-Schwartz-Middletown

Last Buyer's Agent

Michelle Anderson

(302) 378-7887 mla225@verizon.net Long & Foster Real Estate, Inc. License #RS-0017763

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1997

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Parking Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Living Room
  • Breakfast Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • 90% Forced Air Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Level Entry For Accessibility
  • Property is in good condition

Listing and Financial Details

  • Assessor Parcel Number 18-045.00-039.C.0001

Community Details

Overview

  • Active Adult
  • $740 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, recreation facility, sewer, snow removal, trash, water
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Southridge Subdivision

Amenities

  • Clubhouse
  • Meeting Room
  • Party Room

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,233

Year Built

Built in 1997

Lot Details

0

HOA Fees

$370 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Refrigerator, Washer, Dryer, Microwave, Window Treatments
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1997
  • Remarks Public: Wonderful first floor 2 bedroom, 2 bath condo has covered porch and garage. Features open floor and upgraded in 2018 with new heater, central air conditioner and Navien tankless hot water heater totaling $13,018. Southridge is a secluded 55+ community, beautifully maintained and there is a clubhouse with fireplace, fitness room, library and kitchen facilities for gatherings and parties in the spacious social room. The condo fee covers water, sewer, common area & exterior maintenance, lawn maintenance, snow and trash removal, insurance, clubhouse and management. Great location close to shopping, restaurants, University of Delaware and major roads.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Breakfast Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1101

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 370.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Exercise Room, Meeting Room, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Recreation Facility, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Capital Contribution Fee: 740.00

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: 18AC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2373994
  • Tax Annual Amount: 2233.00
  • Assessor Parcel Number: 18-045.00-039.C.0001
  • Tax Year: 2018
  • Close Date: 06/10/2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Jun 10, 2019
Sold by
Candeloro Shirley M
Bought by
Marsilii Paula M
Seller's Agent
Mary Lynch
Patterson-Schwartz-Middletown
Buyer's Agent
Michelle Anderson
Long & Foster Real Estate, Inc.
List Price
$164,900
Sold Price
$164,900
Current Estimated Value
$248,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,867
Avg. Annual Appreciation
6.68%
Original Mortgage
$65,000
Outstanding Balance
$57,151
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$191,616

Purchase Details

Closed on
Oct 21, 2004
Sold by
Szymanski Lisa and The Estate Of Mary Margaret Sc
Bought by
Candeloro Anthony J and Candeloro Shirley M
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marsilii Paula M -- None Available
Candeloro Anthony J $182,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsilii Paula M $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2019 06/10/19 Sold $164,900 0.0% --
04/30/2019 04/30/19 For Sale $164,900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $2,242 $60,500 $9,100 $51,400
2023 $2,188 $60,500 $9,100 $51,400
2022 $2,164 $60,500 $9,100 $51,400
2021 $2,109 $60,500 $9,100 $51,400
2020 $2,048 $60,500 $9,100 $51,400
2019 $2,106 $60,500 $9,100 $51,400
2018 $1,624 $60,500 $9,100 $51,400
2017 $81 $60,500 $9,100 $51,400
2016 $1,064 $60,500 $9,100 $51,400
2015 -- $60,500 $9,100 $51,400
2014 $886 $60,500 $9,100 $51,400
Source: Public Records

Agents Affiliated with this Home

  • Mary Lynch

    Seller's Agent in 2019

    Mary Lynch

    Patterson Schwartz

    (302) 540-4004

    3 in this area

    36 Total Sales

    Mary Lynch
    Section Image

  • M

    Buyer's Agent in 2019

    Michelle Anderson

    Long & Foster

    Section Image
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Map

Source: Bright MLS

MLS Number: DENC477268

Bright MLS

APN: 18-045.00-039.C-0001

Delaware New Castle County Newark 19713

1101 Independence Way Unit 1101, Newark, DE

This home is located at 1101 Independence Way Unit 1101, Newark, DE 19713 since 30 April 2019 and is currently estimated at $248,767. This property was built in 1997. 1101 Independence Way Unit 1101 is a home located in New Castle County with nearby schools including West Park Place Elementary School, Shue-Medill Middle School, and Newark High School.

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