NOT LISTED FOR SALE

1307 Independence Way Newark, DE 19713

Southern Newark Neighborhood

Estimated Value: $252,000 - $293,000

2 Beds
2 Baths
-- Sq Ft
$325/mo HOA Fee

Last Sold March 21, 2014

Last sale price $157,900

Est. 75% increase in value since last sale

Current estimated payment $2,034/month

20 Days on Market

Highlights

  • Senior Community
  • Traditional Architecture
  • 2 Car Direct Access Garage
  • Clubhouse
  • Balcony
  • Oversized Parking

About This Home

As of March 2014

Fantastic opportunity to own this rarely available 1 owner 2 bedroom 2 bath unit in the 55+ community of Southridge. This unique and beautifully maintained community features a Clubhouse with Fitness Center, social area with fireplace, library and full kitchen for gatherings and parties. Pristine and meticulously maintained unit has been freshly painted and includes all appliances. Complete with EZ access expanded 2 car garage and private inside access. The condo fee includes water & sewer, common area exterior building and grounds maintenance, snow & trash removal, building insurance, clubhouse and management fees. Secluded and private yet very convenient to shopping, restaurants, public transportation amenities, Newark's downtown and U of D campus.

Last Agent to Sell the Property

Terry Mulkins

Patterson-Schwartz-Newark Listed on: 01/06/2014

Patterson-Schwartz-Newark

Last Buyer's Agent

Laurie Brown

KW Empower

KW Empower

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1997

Lot Details

  • Southeast Facing Home
  • Property is in good condition

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Parking Lot

Home Design

  • Traditional Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1307
  • Assessor Parcel Number 18-045.00-039.C.0022

Community Details

Overview

  • Senior Community
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, parking fee, insurance, management, alarm system
  • Bain Community
  • Southridge Subdivision

Additional Features

  • Clubhouse
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,224

Year Built

Built in 1997

Lot Details

0

HOA Fees

$325 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • New Construction: No
  • Story List: Main
  • Year Built: 1997
  • Remarks Public: Fantastic opportunity to own this rarely available 1 owner 2 bedroom 2 bath unit in the 55+ community of Southridge. This unique and beautifully maintained community features a Clubhouse with Fitness Center, social area with fireplace, library and full kitchen for gatherings and parties. Pristine and meticulously maintained unit has been freshly painted and includes all appliances. Complete with EZ access expanded 2 car garage and private inside access. The condo fee includes water & sewer, common area exterior building and grounds maintenance, snow & trash removal, building insurance, clubhouse and management fees. Secluded and private yet very convenient to shopping, restaurants, public transportation amenities, Newark's downtown and U of D campus.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Sprinkler System, Elevator, Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Floors In Unit Count: 3
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Street Number Modifier: 1307

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • 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: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Underground, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 325.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Parking Fee, Insurance, Management, Alarm System
  • HOA: Yes
  • Senior Community: Yes

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 61100.00
  • Land Assessed Value: 10400.00
  • Lot Dimensions: COMMON
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Zoning: 18AC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2374015
  • Tax Annual Amount: 2224.00
  • Assessor Parcel Number: 18-045.00-039.C.0022
  • Tax Lot: 1307
  • Tax Year: 2013
  • Close Date: 03/21/2014

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Mar 21, 2014
Sold by
Morgan Philip E
Bought by
Megonigal Frank and Megonigal Georgia S
Seller's Agent
Terry Mulkins
Patterson-Schwartz-Newark
Buyer's Agent
Laurie Brown
KW Empower
List Price
$157,900
Sold Price
$157,900
Current Estimated Value
$275,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,007
Avg. Annual Appreciation
4.12%
Original Mortgage
$118,425
Outstanding Balance
$91,029
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$157,601

Purchase Details

Closed on
Dec 19, 2013
Sold by
Morgan Ruth and Morgan Philip E
Bought by
Morgan Philip E
Source: Public Records

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Range of Values:

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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
Megonigal Frank $157,900 None Available
Morgan Philip E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megonigal Frank $118,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2014 03/21/14 Sold $157,900 0.0% --
01/26/2014 01/26/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $157,900 -- --
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 $2,062 $71,500 $10,400 $61,100
2023 $2,002 $71,500 $10,400 $61,100
2022 $1,971 $71,500 $10,400 $61,100
2021 $2,005 $71,500 $10,400 $61,100
2020 $1,932 $71,500 $10,400 $61,100
2019 $1,622 $71,500 $10,400 $61,100
2018 $1,581 $71,500 $10,400 $61,100
2017 $1,526 $71,500 $10,400 $61,100
2016 $1,420 $71,500 $10,400 $61,100
2015 $1,212 $71,500 $10,400 $61,100
2014 $1,797 $71,500 $10,400 $61,100
Source: Public Records

Agents Affiliated with this Home

  • Terry Mulkins

    Seller's Agent in 2014

    Terry Mulkins

    Patterson Schwartz

    (302) 584-7300

    43 Total Sales

    Terry Mulkins
    Section Image

  • L

    Buyer's Agent in 2014

    Laurie Brown

    KW Empower

    (302) 354-2080

    2 in this area

    55 Total Sales

    Laurie Brown
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002778014

Bright MLS

APN: 18-045.00-039.C-0022

Delaware New Castle County Newark 19713 Southern Newark

1307 Independence Way, Newark, DE

This home is located at 1307 Independence Way, Newark, DE 19713 since 06 January 2014 and is currently estimated at $275,907. This property was built in 1997. 1307 Independence Way is a home located in New Castle County with nearby schools including West Park Place Elementary School, Shue-Medill Middle School, and Newark High School.

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