Seller's Agent in 2020
David O'Donnell
EXP Realty, LLC
(302) 598-0189
2 in this area
60 Total Sales
131 Madison Dr Newark, DE 19711
Estimated Value: $232,000 - $257,176
4
Beds
2
Baths
1,125
Sq Ft
$214/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Living Room
- Forced Air Heating System
- No HOA
- Ceramic Tile Flooring
- Combination Kitchen and Dining Room
About This Home
As of April 2020Great opportunity to own a newly renovated townhome within walking distance of the University of Delaware. The entire home has been freshly painted and luxury vinyl plank flooring was installed throughout. The 1st floor has a huge living room, along with an open layout kitchen and dining room. The kitchen features oak cabinetry, white appliances, and a peninsula with sink and pendant lighting. Upstairs you will find three freshly painted bedrooms, each with ceiling fans, along with a completely renovated bathroom with ceramic tile floors and tub surround. Home also has a finished basement that can used as a 4th bedroom and includes an additional full bath with a tiled tub surround. There is a dedicated driveway at the rear entrance and street parking out front. This home is adjacent to Edna C. Dickey Park which offers 8.2 acres of amenities including baseball/softball fields, basketball courts, playground, swimming pool, pavilions with picnic tables, horseshoe courts and more all free for your enjoyment. Home is certified for a 4-person rental permit offering great rental potential for investors. MAKE THIS YOUR NEW HOME TODAY!
Last Agent to Sell the Property
(302) 598-0189 djodonnell@comcast.net EXP Realty, LLC License #RS-0018424 Listed on: 03/20/2020
Last Buyer's Agent
(302) 598-0189 djodonnell@comcast.net EXP Realty, LLC License #RS-0018424 Listed on: 03/20/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,407
Year Built
- Built in 1959
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 16.00 x 100.00
- Property is in good condition
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 1,125 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Living Room
- Combination Kitchen and Dining Room
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 1 Parking Space
- 1 Driveway Space
- On-Street Parking
Schools
- Downes Elementary School
- Shue-Medill Middle School
- Newark High School
Utilities
- Forced Air Heating System
- Heating System Uses Oil
Community Details
- No Home Owners Association
- College Park Subdivision
Listing and Financial Details
- Tax Lot 177
- Assessor Parcel Number 18-024.00-177
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2020
Closed on
Apr 30, 2020
Sold by
Heritage Services Llc
Bought by
Guo Daorong
Seller's Agent
David O'Donnell
EXP Realty, LLC
Buyer's Agent
David O'Donnell
EXP Realty, LLC
List Price
$139,900
Sold Price
$137,700
Premium/Discount to List
-$2,200
-1.57%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,094
Avg. Annual Appreciation
10.34%
Original Mortgage
$103,250
Outstanding Balance
$91,835
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$148,959
Purchase Details
Closed on
Nov 14, 2019
Sold by
Racine Douglas
Bought by
Racine Douglas and The New Castle Madison 131 Kbr
Purchase Details
Closed on
Apr 11, 2002
Sold by
Hudson Lloyd A and Hudson Sharon H
Bought by
Racine Douglas N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
7.13%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Guo Daorong | $137,700 | None Available | |
| Racine Douglas | -- | None Available | |
| Racine Douglas N | $82,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Guo Daorong | $103,250 | |
| Previous Owner | Racine Douglas N | $74,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2020 04/30/20 | Sold | $137,700 | -1.6% | $122 / Sq Ft |
| 03/21/2020 03/21/20 | Pending | -- | -- | -- |
| 03/20/2020 03/20/20 | For Sale | $139,900 | -- | $124 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $397 | $37,600 | $5,900 | $31,700 |
| 2023 | $1,360 | $37,600 | $5,900 | $31,700 |
| 2022 | $1,345 | $37,600 | $5,900 | $31,700 |
| 2021 | $1,311 | $37,600 | $5,900 | $31,700 |
| 2020 | $1,273 | $37,600 | $5,900 | $31,700 |
| 2019 | $1,116 | $37,600 | $5,900 | $31,700 |
| 2018 | $5,818 | $37,600 | $5,900 | $31,700 |
| 2017 | $291 | $37,600 | $5,900 | $31,700 |
| 2016 | $1,055 | $37,600 | $5,900 | $31,700 |
| 2015 | $945 | $37,600 | $5,900 | $31,700 |
| 2014 | $945 | $37,600 | $5,900 | $31,700 |
Source: Public Records
Agents Affiliated with this Home
-
David O'Donnell
Map
Source: Bright MLS
MLS Number: DENC498366
APN: 18-024.00-177
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