RENTED SEP 5, 2025

123 Madison Dr Newark, DE 19711

Estimated Value: $200,000 - $465,000

3 Beds
1 Bath
1,125 Sq Ft
$247/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2020

Last sale price $125,500 $112 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,505 / mo

Highlights

  • Traditional Architecture
  • Cooling Available
  • Dining Room
  • No HOA
  • Living Room
  • 5-minute walk to Dickey Park

About This Home

As of September 2025

Convenient Newark location! Minutes to Mainstreet, U of D, I-95, shopping, and more! This townhouse has 3 bedrooms, 1 bathroom

Last Agent to Rent the Property

Cailey Macindoe

(302) 633-6970 premierrealtyde@gmail.com Premier Realty Inc License #RA-0020898 Listed on: 07/25/2025

Last Renter's Agent

Alec Tran

(302) 633-6970 premierrealtyde@gmail.com Premier Realty Inc License #RS360779

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1953

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,125 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Rear Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,500
  • 12-Month Lease Term
  • Available 7/25/25
  • Assessor Parcel Number 18-025.00-031

Community Details

Overview

  • No Home Owners Association
  • College Park Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1953

Lot Details

1,742 Sq Ft Lot

Rental Info

  • Date Available: 2025-07-25
  • Pets Allowed: No
  • Security Deposit: 1500.00
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: No
  • Year Built: 1953
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: Yes
  • Basement Type: Unfinished, Rear Entrance
  • Total Sq Ft: 1125
  • Living Area Sq Ft: 1125
  • Price Per Sq Ft: 1.33
  • Above Grade Finished Sq Ft: 1125
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: 18RR

Tax Info

  • Assessor Parcel Number: 18-025.00-031

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Sep 30, 2020
Sold by
Bugher Bradford E and Bugher Joanne P
Bought by
Thirteen Twenty Two Properties Llc
Seller's Agent
Terry Mulkins
Patterson-Schwartz-Newark
Buyer's Agent
Kristin Pidgeon
Long & Foster Real Estate, Inc.
List Price
$118,900
Sold Price
$125,500
Premium/Discount to List
$6,600
5.55%
Current Estimated Value
$277,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,476
Avg. Annual Appreciation
15.41%

Purchase Details

Closed on
Aug 7, 2003
Sold by
Bugher Janet S and Bugher Bradford E
Bought by
Bugher Bradford E and Bugher Joanne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
5.52%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Thirteen Twenty Two Properties Llc $125,500 None Available
Bugher Bradford E $50,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bugher Bradford E $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2025 09/05/25 Rented $1,550 +3.3% --
09/04/2025 09/04/25 Under Contract -- -- --
07/25/2025 07/25/25 For Rent $1,500 -9.1% --
11/11/2024 11/11/24 Off Market $1,650 -- --
10/08/2024 10/08/24 Off Market $1,650 -- --
09/28/2024 09/28/24 For Rent $1,650 0.0% --
02/01/2024 02/01/24 For Rent $1,650 0.0% --
09/30/2020 09/30/20 Sold $125,500 0.0% $112 / Sq Ft View Prior Sale
09/18/2020 09/18/20 Price Changed $125,500 +5.6% $112 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $118,900 0.0% $106 / Sq Ft
09/13/2014 09/13/14 Rented $990 -5.7% --
09/13/2014 09/13/14 Under Contract -- -- --
05/01/2014 05/01/14 For Rent $1,050 -- --
Source: Bright MLS

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
2025 -- $215,900 $75,700 $140,200
2024 $389 $36,900 $5,900 $31,000
2023 $638 $36,900 $5,900 $31,000
2022 $1,320 $36,900 $5,900 $31,000
2021 $1,249 $36,900 $5,900 $31,000
2020 $1,249 $36,900 $5,900 $31,000
2019 $1,095 $36,900 $5,900 $31,000
2018 $5,710 $36,900 $5,900 $31,000
2017 $286 $36,900 $5,900 $31,000
2016 $1,035 $36,900 $5,900 $31,000
2015 $928 $36,900 $5,900 $31,000
2014 $928 $36,900 $5,900 $31,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2086508

Bright MLS

APN: 18-025.00-031

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