NOT LISTED FOR SALE

136 Madison Dr Newark, DE 19711

Estimated Value: $167,000 - $248,934

3 Beds
1 Bath
1,125 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $118,000 $105 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,129/month

53 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Car Direct Access Garage
  • Recreation Room
  • No HOA
  • 3-minute walk to Dickey Park

About This Home

As of August 2021

Excellent opportunity in College Park; Newark, DE! All brick, end unit with long standing tenant is now available for it next fortunate owner. Hardwood flooring in living and dining rooms provides charm and class. Updated kitchen with lots of natural light pouring in from rear window. Partially finished lower level with laundry, the possibility of a fourth bedroom, plenty of storage, off street parking access and garage door. Second level provides three bedrooms, thoughtful closet space, and updated full bath. Large open space backs up to the property with basketball courts and community pool area. Tenant has been living at the property for many years and is currently paying $1,050 a month and a portion of the water bill. Tenant has indicated they would like to stay. Conveniently located within moments to all of what Newark has to offer; UD, shopping, education centers such as Newark Charter, interstate highways, and more. Take advantage of low interest rates and put your money to work for you through real estate investments and enjoy the cash flow and other benefits associated with owning rental properties!

Last Agent to Sell the Property

Joseph Hurley

(302) 888-0300 paul@pantanorealestate.com Pantano Real Estate Inc License #RS-0018346 Listed on: 05/24/2021

Last Buyer's Agent

Kanokporn Covey

(302) 234-1888 sellwithpamcovey@gmail.com Coldwell Banker Realty License #9702902

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,601

Year Built

  • Built in 1955

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 26.50 x 101.20
  • Wood Fence
  • Chain Link Fence
  • Property is in average condition

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Basement Garage
  • Rear-Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,125 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Recreation Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 150 Amp Service
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 035
  • Assessor Parcel Number 18-025.00-035

Community Details

Overview

  • No Home Owners Association
  • College Park Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,601

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant Personal Property
  • Historic: No
  • Home Warranty: No
  • Inclusions: See Agent for details
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Recreation Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1125
  • Living Area Sq Ft: 1125
  • Price Per Sq Ft: 112.89
  • 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: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Basement Garage, Built In, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: No
  • Electric Service: 150 Amps
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Chain Link, Wood
  • Improvement Assessed Value: 31400.00
  • Land Assessed Value: 7100.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 26.50 x 101.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Average
  • Zoning: 18RR
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2371807
  • School Tax: 1197.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1601.00
  • Assessor Parcel Number: 18-025.00-035
  • Tax Lot: 035
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2024
Sold by
Cuevas Belkis
Bought by
Jccg Rentals Llc
Current Estimated Value
$210,798

Purchase Details

Listed on
May 24, 2021
Closed on
Aug 13, 2021
Sold by
Martin William G and Mcaneny Kathleen M
Bought by
Cuevas Belks and Flaquer Jael Alejandro
Seller's Agent
Joseph Hurley
Pantano Real Estate Inc
Buyer's Agent
Kanokporn Covey
Coldwell Banker Realty
List Price
$130,000
Sold Price
$118,000
Premium/Discount to List
-$12,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.69%
Original Mortgage
$82,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2004
Sold by
Rieley John L and Rieley Lou Ann
Bought by
Martin William G and Mcaneny Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2002
Sold by
Burkhard Family Associates Llc
Bought by
Rieley John L and Rieley Lou Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jccg Rentals Llc -- None Listed On Document
Cuevas Belks $118,000 None Available
Martin William G $101,900 --
Rieley John L $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cuevas Belks $82,600
Previous Owner Martin William G $90,000
Previous Owner Rieley John L $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $118,000 -7.1% $105 / Sq Ft
06/21/2021 06/21/21 Price Changed $127,000 -2.3% $113 / Sq Ft
05/24/2021 05/24/21 For Sale $130,000 -- $116 / 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 $406 $38,500 $7,100 $31,400
2023 $1,392 $38,500 $7,100 $31,400
2022 $1,377 $38,500 $7,100 $31,400
2021 $1,303 $38,500 $7,100 $31,400
2020 $1,303 $38,500 $7,100 $31,400
2019 $1,143 $38,500 $7,100 $31,400
2018 $5,956 $38,500 $7,100 $31,400
2017 $298 $38,500 $7,100 $31,400
2016 $1,080 $38,500 $7,100 $31,400
2015 $968 $38,500 $7,100 $31,400
2014 $968 $38,500 $7,100 $31,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC527406

Bright MLS

APN: 18-025.00-035

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