NOT LISTED FOR SALE

115 Madison Dr Newark, DE 19711

Estimated Value: $134,000 - $256,948

3 Beds
1 Bath
1,120 Sq Ft
$193/Sq Ft Est. Value

Last Sold April 29, 2014

Last sale price $75,000 $67 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,166/month

20 Days on Market

Highlights

  • No HOA
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Forced Air Heating System
  • 4-minute walk to Dickey Park

About This Home

As of April 2014

INVESTOR ALERT!! Long time owner/occupant home. Never a rental though a rental permit can be obtained. Updated commercial rolled roof. Updated heat 2+ years ago. Most of the windows have been replaces. New service cable installed to electric box. Already priced right for quick sale. A little cosmetic work can make this home a great place to live or use as an income producing rental property close to the U of D. These homes can rent at around $1000 per month. Full alarm system included - please do not enter without code from appointment center. Being sold strictly "as-is."

Last Agent to Sell the Property

Michael Dutt

(302) 733-7079 mdutt@psre.com Patterson-Schwartz-Newark Listed on: 02/28/2014

Patterson-Schwartz-Newark

Last Buyer's Agent

Wayne West

(302) 983-8511 wayne.west@foxroach.com BHHS Fox & Roach - Hockessin License #R1-0003043

BHHS Fox & Roach - Hockessin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $395

Year Built

  • Built in 1954

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 134 x 25
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 180250027

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$395

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Refrigerator
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1954
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 134 X 25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Property Condition: Good
  • Zoning: 18RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2371799
  • Tax Annual Amount: 395.00
  • Assessor Parcel Number: 180250027
  • Tax Year: 2013

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2014
Closed on
Apr 29, 2014
Sold by
Hanby Janice E and Stevens Scheryl
Bought by
Parayali Jayesh K
Seller's Agent
Michael Dutt
Patterson-Schwartz-Newark
Buyer's Agent
Wayne West
BHHS Fox & Roach - Hockessin
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Current Estimated Value
$215,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,987
Avg. Annual Appreciation
9.47%
Original Mortgage
$56,250
Outstanding Balance
$42,853
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$173,134
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parayali Jayesh K $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parayali Jayesh K $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2014 04/29/14 Sold $75,000 -6.1% $67 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $79,900 -- $71 / 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 $406 $38,500 $7,900 $30,600
2023 $1,392 $38,500 $7,900 $30,600
2022 $1,377 $38,500 $7,900 $30,600
2021 $1,342 $38,500 $7,900 $30,600
2020 $1,303 $38,500 $7,900 $30,600
2019 $1,143 $38,500 $7,900 $30,600
2018 $1,116 $38,500 $7,900 $30,600
2017 $1,083 $38,500 $7,900 $30,600
2016 $1,080 $38,500 $7,900 $30,600
2015 $968 $38,500 $7,900 $30,600
2014 $968 $38,500 $7,900 $30,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002828744

Bright MLS

APN: 18-025.00-027