NOT LISTED FOR SALE

1129 Madrid St Townsend, DE 19734

Estimated Value: $590,000 - $650,000

5 Beds
3.5 Baths
4,955 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $490,000 $99 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,725/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Breakfast Room
  • Old State Elementary School Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2021

PLEASE READ REMARKS. Gorgeous home sitting on a premium lot backing to woods. Stately Carolina bead siding and stone facade. the interior. Classic center hall layout with living room and dining both with floor-to-ceiling windows, crown molding, and chair rail. The living room has a bay window and custom wood floor and the dining room has a ceramic tile floor. Open kitchen floor plan with large breakfast room and family room. The family room has a gas fireplace. The breakfast room has vaulted ceilings, a granite breakfast bar, and great site lines to the backyard. The kitchen has a granite center island, pendant lighting, 42 in cabinets, stainless appliances, a work desk, and a pantry. The first floor, second floor, and basement all have 9' ceilings. The second floor has 4 bedrooms and a second-floor laundry room. The Master bedroom has 2 walk-in closets and a beautiful 4 piece master bathroom with custom tile and granite vanity tops. The basement is finished. Large family room, a third full bathroom, and a 5th bedroom. The basement is a walkout basement. ****** The first-floor powder room overflowed and ran for a couple of hours before it was discovered. There was extensive damage to the flooring in the family room, powder room and parts of the kitchen. The leak also ran down to the basement causing water damage to the carpet and drywall below as well. The plumbing was fixed but the flooring and drywall has not been replaced and is being sold as-is. The seller has gotten estimates to repair the floors. Estimates available upon requests. *******

Last Agent to Sell the Property

Frank Panunto

(302) 598-0515 frank.panunto@lnf.com EXP Realty, LLC Listed on: 04/20/2021

EXP Realty, LLC

Last Buyer's Agent

Frank Panunto

(302) 598-0515 frank.panunto@lnf.com EXP Realty, LLC Listed on: 04/20/2021

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,116

Year Built

  • Built in 2014

Lot Details

  • 0.28 Acre Lot

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Enclave At Odessa Subdivision

Listing and Financial Details

  • Tax Lot 015
  • Assessor Parcel Number 14-012.44-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,116

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-04-20
  • Year Built: 2014
  • Automatically Close On Close Date: No
  • Remarks Public: PLEASE READ REMARKS. Gorgeous home sitting on a premium lot backing to woods. Stately Carolina bead siding and stone facade. the interior. Classic center hall layout with living room and dining both with floor-to-ceiling windows, crown molding, and chair rail. The living room has a bay window and custom wood floor and the dining room has a ceramic tile floor. Open kitchen floor plan with large breakfast room and family room. The family room has a gas fireplace. The breakfast room has vaulted ceilings, a granite breakfast bar, and great site lines to the backyard. The kitchen has a granite center island, pendant lighting, 42 in cabinets, stainless appliances, a work desk, and a pantry. The first floor, second floor, and basement all have 9' ceilings. The second floor has 4 bedrooms and a second-floor laundry room. The Master bedroom has 2 walk-in closets and a beautiful 4 piece master bathroom with custom tile and granite vanity tops. The basement is finished. Large family room, a third full bathroom, and a 5th bedroom. The basement is a walkout basement. ****** The first-floor powder room overflowed and ran for a couple of hours before it was discovered. There was extensive damage to the flooring in the family room, powder room and parts of the kitchen. The leak also ran down to the basement causing water damage to the carpet and drywall below as well. The plumbing was fixed but the flooring and drywall has not been replaced and is being sold as-is. The seller has gotten estimates to repair the floors. Estimates available upon requests. *******
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Breakfast Room, Bedroom 1, Bathroom 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 4955
  • Living Area Sq Ft: 4955
  • Price Per Sq Ft: 132.45
  • Above Grade Finished Sq Ft: 3775
  • Below Grade Finished Sq Ft: 1180
  • Total Below Grade Sq Ft: 1180
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1129

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: APPOQUINIMINK
  • School District Key: 300200396893
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 102700.00
  • Land Assessed Value: 15000.00
  • Lot Size Acres: 0.28
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Year Assessed: 2020
  • Zoning: S
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4431047
  • School Tax: 3144.00
  • Tax Annual Amount: 4116.00
  • Assessor Parcel Number: 14-012.44-015
  • Tax Lot: 015
  • Tax Total Finished Sq Ft: 3775
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/04/2021

MLS Schools

  • School District Name: APPOQUINIMINK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 11, 2021
Sold by
King Arthur Charles and King Alayne Paige
Bought by
Szeto Jason and Lin Szeto Karen
Seller's Agent
Frank Panunto
EXP Realty, LLC
Buyer's Agent
Frank Panunto
EXP Realty, LLC
List Price
$499,999
Sold Price
$490,000
Premium/Discount to List
-$9,999
-2%
Current Estimated Value
$625,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,089
Avg. Annual Appreciation
5.83%
Original Mortgage
$392,000
Outstanding Balance
$301,554
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$323,535

Purchase Details

Closed on
Mar 12, 2014
Sold by
Enclavecap Llc
Bought by
King Arthur Charles and King Alayne Paige

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Interest Rate
4.32%
Mortgage Type
New Conventional
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
Szeto Jason $490,000 None Available
King Arthur Charles $369,209 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Szeto Jason K $150,001
Open Szeto Jason $392,000
Previous Owner King Arthur $292,500
Previous Owner King Arthur Charles $294,400
Previous Owner Enclave At Odessa Llc $250,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $490,000 -2.0% $99 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $499,999 -- $101 / Sq Ft
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 $5,086 $117,700 $15,000 $102,700
2023 $4,348 $117,700 $15,000 $102,700
2022 $4,355 $117,700 $15,000 $102,700
2021 $4,299 $117,700 $15,000 $102,700
2020 $4,240 $117,700 $15,000 $102,700
2019 $4,746 $117,700 $15,000 $102,700
2018 $574 $117,700 $15,000 $102,700
2017 $3,325 $117,700 $15,000 $102,700
2016 $3,325 $117,700 $15,000 $102,700
2015 $3,240 $117,700 $15,000 $102,700
2014 $3,237 $117,700 $15,000 $102,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC524680

Bright MLS

APN: 14-012.44-015