NOT LISTED FOR SALE

1103 Independence Way Newark, DE 19713

Estimated Value: $225,000 - $267,000

2 Beds
2 Baths
-- Sq Ft
$350/mo HOA Fee

Last Sold July 20, 2016

Last sale price $154,000

Est. 60% increase in value since last sale

Current estimated payment $1,838/month

Highlights

  • Active Adult
  • Traditional Architecture
  • Butlers Pantry
  • Clubhouse
  • 1 Car Direct Access Garage
  • Oversized Parking

About This Home

As of July 2016

Only 3 other units like this one in the community. The garage is attached to the unit with entry directly into the kitchen. How easy to bring in the groceries and NO steps! Outstanding 2 bedroom, 2 bath condo (all rooms on the main level), Features: kitchen redone in 2014 with new cabinets, New appliances, new counter tops, new floor including breakfast area, all new plush carpeting just installed and entire unit painted, also brand new hot water heater! Great open floor plan has sliders from breakfasta area and dining room to patio. Southridge is a secluded 55+ community, Beautifully maintained and there is a club house with fireplace, fitness center, library and kitchen facilities for gatherings and parties in the spacious social room. The condo fee covers water, sewer, common area, exterior maintenance and lawn maintenance, snow and trash removal, insurance, clubhouse and management fees. 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: 12/08/2015

Patterson-Schwartz-Middletown

Last Buyer's Agent

Dawn Wolf

(443) 309-4403 dawn@dawnwolfteam.com Compass License #RS-0020986

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1997

Lot Details

  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Parking Lot

Home Design

  • Traditional Architecture
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Room
  • Butlers Pantry

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Central Air
  • Heating System Uses Gas
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Mobility Improvements
  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 18-045.00-039.C.0003

Community Details

Overview

  • Active Adult
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, water, sewer, insurance, management
  • $700 Other One-Time Fees
  • 54 Units
  • Southridge Subdivision

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,949

Year Built

Built in 1997

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Accessibility Features: Mobility Improvements
  • Ownership: Condominium
  • Inclusions: Refrigerator, Dishwasher, Microwave, Range, Washer, Dryer, Ceiling Fan
  • New Construction: No
  • Story List: Main
  • Year Built: 1997
  • Remarks Public: Only 3 other units like this one in the community. The garage is attached to the unit with entry directly into the kitchen. How easy to bring in the groceries and NO steps! Outstanding 2 bedroom, 2 bath condo (all rooms on the main level), Features: kitchen redone in 2014 with new cabinets, New appliances, new counter tops, new floor including breakfast area, all new plush carpeting just installed and entire unit painted, also brand new hot water heater! Great open floor plan has sliders from breakfasta area and dining room to patio. Southridge is a secluded 55+ community, Beautifully maintained and there is a club house with fireplace, fitness center, library and kitchen facilities for gatherings and parties in the spacious social room. The condo fee covers water, sewer, common area, exterior maintenance and lawn maintenance, snow and trash removal, insurance, clubhouse and management fees. Great Location Close To Shopping, Restaurants, University Of Delaware And Major Roads!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), Sprinkler System, Elevator, Stall Shower, Dining Area
  • Fireplace: No
  • Entry Location: Foyer
  • Floors In Unit Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Street Number Modifier: 1103

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Roof: Pitched
  • 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: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Underground, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Water, Sewer, Insurance, Management
  • HOA: No
  • Senior Community: Yes

Fee Information

  • Other Fees: 700.00
  • Other Fees Frequency: One Time

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Lot Dimensions: 0 X 0
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Zoning: 18AC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2373996
  • Tax Annual Amount: 1949.00
  • Assessor Parcel Number: 18-045.00-039.C.0003
  • Tax Year: 2015
  • Close Date: 07/20/2016

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2015
Closed on
Jun 20, 2016
Sold by
Gerjovich Paul R and Dorothy J Gerjovich Revocable
Bought by
Vinyard Aaron and Vinyard Victoria
Seller's Agent
Mary Lynch
Patterson-Schwartz-Middletown
Buyer's Agent
Dawn Wolf
Compass
List Price
$164,900
Sold Price
$154,000
Premium/Discount to List
-$10,900
-6.61%
Current Estimated Value
$247,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,120
Avg. Annual Appreciation
5.25%
Original Mortgage
$123,200
Outstanding Balance
$98,022
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$149,098

Purchase Details

Closed on
Apr 11, 2005
Sold by
Gerjovich Dorothy J
Bought by
Gerjovich Dorothy J and Dorothy J Gerjovich Revocable
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Vinyard Aaron $154,000 Krish Title Services
Gerjovich Dorothy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vinyard Aaron $123,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2016 07/20/16 Sold $154,000 -3.7% --
05/17/2016 05/17/16 Pending -- -- --
03/23/2016 03/23/16 Price Changed $159,900 -3.0% --
12/08/2015 12/08/15 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
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 $1,796 $60,500 $9,100 $51,400
2018 $1,754 $60,500 $9,100 $51,400
2017 $1,702 $60,500 $9,100 $51,400
2016 $1,697 $60,500 $9,100 $51,400
2015 $1,521 $60,500 $9,100 $51,400
2014 $370 $60,500 $9,100 $51,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002750574

Bright MLS

APN: 18-045.00-039.C-0003