Seller's Agent in 2026
Michael Maloney
Patterson Schwartz
(302) 353-9364
3 in this area
11 Total Sales
133 Madison Dr Newark, DE 19711
--
Bed
--
Bath
1,120
Sq Ft
2,614
Sq Ft Lot
Highlights
- Colonial Architecture
- Window Unit Cooling System
- Property is Fully Fenced
- No HOA
- Forced Air Heating System
About This Home
As of February 2026End-unit townhome located minutes from the University of Delaware, an area with consistently strong rental demand. This 3-bedroom property features a main level with an eat-in kitchen with island and a living room, along with a full bath on the upper level and a finished lower level with an additional full bath, kitchenette, living space, and separate storage room, offering flexibility that supports a variety of rental strategies and tenant profiles. The property has been personally managed and overseen since 2014, with routine maintenance and notable repairs completed over time consistent with long-term rental use. Improvements addressed typical plumbing items, interior repairs related to normal wear, roof and skylight-related work, regular servicing of the oil-fired heating system, and electrical updates including dedicated circuits for window air-conditioning units. Detailed maintenance records are available, offering transparency that supports underwriting and long-term ownership planning. Its end-unit configuration, proximity to UD, Main Street Newark, transit, and employment centers contribute to stable tenant demand, strong rentability, and the potential for improved net operating income through targeted updates. This property presents an attractive opportunity for investors seeking a well-located value-add asset with documented operating history and upside through operational efficiencies.
Last Agent to Sell the Property
(302) 733-7000 ccashman@psre.com Patterson-Schwartz-Newark Brokerage Phone: 3027337000 Listed on: 12/16/2025
Last Buyer's Agent
(844) 837-5274 info@teslarealtygroup.com Tesla Realty Group, LLC License #RS-0024206
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,920
Year Built
- Built in 1952
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 27 x 100
- Property is Fully Fenced
- Property is in below average condition
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Block Foundation
- Rubber Roof
Interior Spaces
- 1,120 Sq Ft Home
- Property has 3 Levels
- Partially Finished Basement
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Paved Parking
Schools
- Downes Elementary School
- Shue-Medill Middle School
- Newark High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Oil
- Electric Water Heater
Community Details
- No Home Owners Association
- College Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 18.024-00.178
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2013
Closed on
Jan 17, 2014
Sold by
Davis James E
Bought by
Yao Yihong
Seller's Agent
Dianna Vance
Patterson-Schwartz-Newark
Buyer's Agent
Dianna Vance
Patterson-Schwartz-Newark
List Price
$109,900
Sold Price
$100,000
Premium/Discount to List
-$9,900
-9.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $100,000 | Kirsh Title Services Inc |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/13/2026 02/13/26 | Sold | $187,500 | -6.3% | $167 / Sq Ft | |
| 01/22/2026 01/22/26 | Pending | -- | -- | -- | |
| 12/16/2025 12/16/25 | For Sale | $200,000 | 0.0% | $179 / Sq Ft | |
| 05/22/2024 05/22/24 | Rented | $1,500 | 0.0% | -- | |
| 05/16/2024 05/16/24 | Under Contract | -- | -- | -- | |
| 05/03/2024 05/03/24 | Price Changed | $1,500 | 0.0% | $1 / Sq Ft | |
| 05/03/2024 05/03/24 | For Rent | $1,500 | +7.1% | -- | |
| 02/22/2024 02/22/24 | Off Market | $1,400 | -- | -- | |
| 02/08/2024 02/08/24 | For Rent | $1,400 | +16.7% | -- | |
| 01/28/2022 01/28/22 | Rented | $1,200 | 0.0% | -- | |
| 01/12/2022 01/12/22 | Under Contract | -- | -- | -- | |
| 12/22/2021 12/22/21 | For Rent | $1,200 | +4.3% | -- | |
| 07/09/2019 07/09/19 | Rented | $1,150 | 0.0% | -- | |
| 07/03/2019 07/03/19 | Off Market | $1,150 | -- | -- | |
| 06/26/2019 06/26/19 | For Rent | $1,150 | +4.5% | -- | |
| 01/19/2018 01/19/18 | Rented | $1,100 | 0.0% | -- | |
| 01/09/2018 01/09/18 | Under Contract | -- | -- | -- | |
| 09/29/2017 09/29/17 | For Rent | $1,100 | 0.0% | -- | |
| 03/24/2014 03/24/14 | Rented | $1,100 | 0.0% | -- | |
| 03/22/2014 03/22/14 | Under Contract | -- | -- | -- | |
| 02/05/2014 02/05/14 | For Rent | $1,100 | 0.0% | -- | |
| 01/17/2014 01/17/14 | Sold | $100,000 | -9.0% | $89 / Sq Ft | View Prior Sale |
| 12/27/2013 12/27/13 | Pending | -- | -- | -- | |
| 11/03/2013 11/03/13 | For Sale | $109,900 | -- | $98 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $389 | $36,900 | $7,100 | $29,800 |
| 2023 | $1,334 | $36,900 | $7,100 | $29,800 |
| 2022 | $1,320 | $36,900 | $7,100 | $29,800 |
| 2021 | $1,286 | $36,900 | $7,100 | $29,800 |
| 2020 | $1,249 | $36,900 | $7,100 | $29,800 |
| 2019 | $1,095 | $36,900 | $7,100 | $29,800 |
| 2018 | $1,070 | $36,900 | $7,100 | $29,800 |
| 2017 | $1,038 | $36,900 | $7,100 | $29,800 |
| 2016 | $1,035 | $36,900 | $7,100 | $29,800 |
| 2015 | -- | $36,900 | $7,100 | $29,800 |
| 2014 | $928 | $36,900 | $7,100 | $29,800 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Maloney
-
Brenda Salemi
B
Buyer's Agent in 2026
Brenda Salemi
Tesla Realty Group, LLC
(302) 252-7071
3 in this area
21 Total Sales
-
Brittany McCorriston
Buyer's Agent in 2024
Brittany McCorriston
Keller Williams Realty Wilmington
(302) 299-1100
1 in this area
28 Total Sales
-
Clarice Wright
C
Buyer's Agent in 2022
Clarice Wright
Redfin Corporation
-
Karen Burke
Buyer's Agent in 2019
Karen Burke
Patterson Schwartz
(302) 540-4071
4 in this area
60 Total Sales
-
Ann Marie Germano
Buyer's Agent in 2018
Ann Marie Germano
Patterson Schwartz
(732) 740-4594
3 in this area
234 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2094604
APN: 18-024.00-178
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