NOT LISTED FOR SALE

125 Madison Dr Newark, DE 19711

Estimated Value: $193,000 - $253,462

3 Beds
1 Bath
1,250 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 24, 2015

Last sale price $110,000 $88 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,353/month

188 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Living Room
  • Traditional Architecture
  • No HOA
  • 5-minute walk to Dickey Park

About This Home

As of August 2015

Freshly painted and ready for a new owner! This home has refinished floors, new carpet in 2 bedrooms, new flooring in the semi finished lower level. Great location close to the University of Delaware, bus routes, shopping and major routes. 3 person rental permit transfers with ownership!

Last Agent to Sell the Property

David Landon

Patterson-Schwartz-Newark License #521092 Listed on: 12/26/2014

Patterson-Schwartz-Newark

Co-Listed By

Kirsten Landon

Patterson-Schwartz-Newark License #RS0013188

Last Buyer's Agent

Cathy Verne

Patterson-Schwartz-Newark

Patterson-Schwartz-Newark

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1953

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 16x102
  • South Facing Home
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,250 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deck

Schools

  • Downes Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1802500032

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,181

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: All Appliances
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1953
  • Remarks Public: Freshly painted and ready for a new owner! This home has refinished floors, new carpet in 2 bedrooms, new flooring in the semi finished lower level. Great location close to the University of Delaware, bus routes, shopping and major routes. 3 person rental permit transfers with ownership!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Basement
  • Total Sq Ft: 1250
  • Living Area Sq Ft: 1250
  • Net Sq Ft: 1250.00
  • Price Per Sq Ft: 92.00
  • Above Grade Finished Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 125

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • 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

Schools

  • School District: CHRISTINA
  • Elementary School: DOWNES
  • Middle School: SHUE-MEDILL
  • High School: NEWARK
  • School District Key: 300200396890
  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 16X102
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: 18RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2371804
  • Tax Annual Amount: 1181.00
  • Assessor Parcel Number: 1802500032
  • Tax Year: 2014
  • Close Date: 08/24/2015

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2014
Closed on
Aug 24, 2015
Sold by
Handy Charles Ryan and Handy Allen
Bought by
Mcfarlane Robert
Seller's Agent
David Landon
Patterson-Schwartz-Newark
Buyer's Agent
Cathy Verne
Patterson-Schwartz-Newark
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Current Estimated Value
$233,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,366
Avg. Annual Appreciation
7.55%
Original Mortgage
$108,007
Outstanding Balance
$88,382
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$139,437

Purchase Details

Closed on
Apr 21, 2011
Sold by
Lafrankie Patrick J
Bought by
Handy Charles Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,960
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Jaeger Daniel I and Jaeger Dana M
Bought by
Lafrankie Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2003
Sold by
Robb Hugh G
Bought by
Jaeger Daniel I and Jaeger Dana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Mcfarlane Robert $110,000 None Available
Handy Charles Ryan $113,000 None Available
Lafrankie Patrick J $103,500 --
Jaeger Daniel I $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfarlane Robert $108,007
Previous Owner Handy Charles Ryan $114,960
Previous Owner Lafrankie Patrick J $82,800
Previous Owner Jaeger Daniel I $78,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2015 08/24/15 Sold $110,000 -4.3% $88 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
05/13/2015 05/13/15 Price Changed $115,000 -4.1% $92 / Sq Ft
04/13/2015 04/13/15 For Sale $119,900 0.0% $96 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $119,900 0.0% $96 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
01/27/2015 01/27/15 Price Changed $119,900 -1.7% $96 / Sq Ft
12/26/2014 12/26/14 For Sale $122,000 -- $98 / 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 $1,363 $36,800 $5,900 $30,900
2023 $1,331 $36,800 $5,900 $30,900
2022 $1,317 $36,800 $5,900 $30,900
2021 $1,283 $36,800 $5,900 $30,900
2020 $1,246 $36,800 $5,900 $30,900
2019 $1,092 $36,800 $5,900 $30,900
2018 $1,067 $36,800 $5,900 $30,900
2017 $1,035 $36,800 $5,900 $30,900
2016 $1,032 $36,800 $5,900 $30,900
2015 $925 $36,800 $5,900 $30,900
2014 $925 $36,800 $5,900 $30,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003183024

Bright MLS

APN: 18-025.00-032