NOT LISTED FOR SALE

1223 Madison Ln Hockessin, DE 19707

Estimated Value: $484,181 - $579,000

3 Beds
2.5 Baths
2,700 Sq Ft
$196/Sq Ft Est. Value

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • North Star Elementary School Rated A

About This Home

As of February 2025

Spacious and beautifully updated 3-bedroom, 2.5-bath townhouse at 1223 Madison Ln is perfect for families seeking comfort and room to grow in Pike Creek. This move-in-ready home spans 2700 sq ft across three levels, offering modern flooring, and stainless-steel appliances. Highlights include three bedrooms, 2.5 baths, and family-friendly features like an upgraded lighting, and fixtures. Outside, rear yard with a deck invites relaxation and gatherings, while two assigned parking spaces and ample overflow parking provide convenience. The finished basement adds flexible space for hobbies, storage, or extra family entertainment. Set in a safe, well-maintained neighborhood, this townhouse combines privacy and convenience. Application Requirements: Tenant requires a minimum credit score of 650+, no bankruptcies/no evictions/no collections in the history, monthly gross income should be more than 3 times monthly rent. Length of lease minimum 1 year, prefer 2+. Before moving in required first month rent + deposit equal to 1 month rent. Proof of Renters insurance (min. $200K Liability coverage + Personal Property coverage) is maintained by the tenant throughout the lease period. The landlord has to be added as an additional interest. No pet and No Smoking permitted in the house. The tenant is responsible for all the utilities: Electric, Water, Trash, Sewer, Cable/Internet/Phone, lawn maintenance and snow removal. Nonrefundable application fee of $50.

Last Agent to Rent the Property

Rajesh Veeragandham

(855) 687-2765 info@brokersrealtygroup.com Brokers Realty Group, LLC License #5015270 Listed on: 11/27/2024

Last Renter's Agent

Rajesh Veeragandham

(855) 687-2765 info@brokersrealtygroup.com Brokers Realty Group, LLC License #5015270 Listed on: 11/27/2024

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2014

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 2 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Schools

  • North Star Elementary School
  • Henry B. Du Pont Middle School

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,800
  • 12-Month Min and 24-Month Max Lease Term
  • Available 12/1/24
  • Assessor Parcel Number 08-024.40-419

Community Details

Overview

  • Trad At Pike Creek Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2014

Lot Details

2,178 Sq Ft Lot

Parking

1

Rental Info

  • Date Available: 2024-12-01
  • Pets Allowed: No
  • Security Deposit: 2800.00
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Lease Link U R L: https://apply.link/SW_HJi4
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Main
  • Year Built: 2014
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 1.04
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • 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: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Built In
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: NORTH STAR
  • Middle Or Junior School: HENRY B. DU PONT

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: ST

Tax Info

  • Assessor Parcel Number: 08-024.40-419

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2014
Sold by
Bought by
Current Estimated Value
$521,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,544
Interest Rate
0.0418%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2014
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$273,323 None Available
$697,285 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $290,000
Closed $291,544
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/01/2025 02/01/25 Rented $2,800 0.0% --
01/09/2025 01/09/25 Under Contract -- -- --
11/27/2024 11/27/24 For Rent $2,800 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 -- $519,500 $93,600 $425,900
2024 $3,550 $92,500 $16,100 $76,400
2023 $3,159 $92,500 $16,100 $76,400
2022 $3,180 $92,500 $16,100 $76,400
2021 $3,178 $92,500 $16,100 $76,400
2020 $3,157 $91,600 $16,100 $75,500
2019 $3,448 $91,600 $16,100 $75,500
2018 $3,103 $91,600 $16,100 $75,500
2017 $3,067 $91,600 $16,100 $75,500
2016 $2,914 $91,600 $16,100 $75,500
2015 $2,737 $91,600 $16,100 $75,500
2014 -- $4,300 $4,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2072566

Bright MLS

APN: 08-024.40-419

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