NOT LISTED FOR SALE

161 Madison Dr Newark, DE 19711

Estimated Value: $195,000 - $250,907

3 Beds
2 Baths
1,125 Sq Ft
$200/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $205,000 $182 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,204/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Deck
  • Attic
  • 4-minute walk to Dickey Park

About This Home

As of May 2023

Located in the City of Newark and within walking distance to the University of Delaware and public transportation. This middle unit has a second full bathroom on the lower level and the current garage could be easily finished as a 4th. bedroom because there is lower level egress. The laundry area is also located on the lower level. The interior includes a formal living room, formal dining room, kitchen, 3 additional bedrooms and another full bathroom on the upper floor. Property has a 4 person / family rental permit in good standing and up to code.

Last Agent to Sell the Property

Anne Menaquale

(302) 453-3200 annemenaquale@gmail.com RE/MAX Associates - Newark License #4009136 Listed on: 03/10/2023

RE/MAX Associates - Newark

Last Buyer's Agent

Saeed Shakhshir

(302) 239-3000 ssedita@psre.com Patterson-Schwartz-Hockessin License #RS-0022256

Patterson-Schwartz-Hockessin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,588

Year Built

  • Built in 1959

Lot Details

  • 1,742 Sq Ft Lot
  • Sloped Lot
  • Property is in good condition

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,125 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Dining Room
  • Basement
  • Interior and Exterior Basement Entry
  • Built-In Range
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 190
  • Assessor Parcel Number 18-024.00-190

Community Details

Overview

  • No Home Owners Association
  • College Park Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,588

Year Built

Built in 1959

Lot Details

1,742 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property.
  • Historic: No
  • Home Warranty: No
  • Inclusions: All Appliances - Including Washer & Dryer Included As Is.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Dryer, Washer
  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Insulated
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Interior Access, Outside Entrance, Rear Entrance
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1125
  • Living Area Sq Ft: 1125
  • Price Per Sq Ft: 166.67
  • Above Grade Finished Sq Ft: 1125
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Exterior Lighting
  • Road Surface Type: Black Top
  • 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, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 30600.00
  • Land Assessed Value: 5900.00
  • Lot Features: Sloping
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: 18RR
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 2371532
  • School Tax: 1206.00
  • Tax Annual Amount: 1588.00
  • Assessor Parcel Number: 18-024.00-190
  • Tax Lot: 190
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 28, 2023
Sold by
Ingber-Hilmer Benjamin A
Bought by
Essoufi Noureddine
Seller's Agent
Anne Menaquale
RE/MAX Associates - Newark
Buyer's Agent
Saeed Shakhshir
Patterson-Schwartz-Hockessin
List Price
$187,500
Sold Price
$205,000
Premium/Discount to List
$17,500
9.33%
Views
157
Current Estimated Value
$219,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,240
Avg. Annual Appreciation
3.28%
Original Mortgage
$126,000
Outstanding Balance
$122,628
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$102,599

Purchase Details

Listed on
Dec 3, 2018
Closed on
May 2, 2019
Sold by
Della Monica Amerigo and Della Monica Lauren
Bought by
Ingber Hilmer Benjamin A and Hilmer Wayne J
Seller's Agent
Anne Menaquale
RE/MAX Associates - Newark
Buyer's Agent
Anne Menaquale
BHHS Fox & Roach Realtors
List Price
$132,900
Sold Price
$110,000
Premium/Discount to List
-$22,900
-17.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.84%

Purchase Details

Closed on
Jul 27, 2006
Sold by
Martin Richard and Martin Mary C
Bought by
Della Monica Amerigo and Della Monica Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2004
Sold by
Schaen Kyle L
Bought by
Martin Richard and Martin Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Essoufi Noureddine -- None Listed On Document
Ingber Hilmer Benjamin A $110,000 None Available
Della Monica Amerigo $140,000 None Available
Martin Richard $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Essoufi Noureddine $126,000
Previous Owner Della Monica Amerigo $112,000
Previous Owner Martin Richard $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $205,000 +9.3% $182 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $187,500 +70.5% $167 / Sq Ft
05/03/2019 05/03/19 Sold $110,000 -11.3% $98 / Sq Ft View Prior Sale
03/29/2019 03/29/19 Pending -- -- --
01/25/2019 01/25/19 Price Changed $124,000 -3.0% $110 / Sq Ft
12/18/2018 12/18/18 Price Changed $127,900 +4.1% $114 / Sq Ft
12/17/2018 12/17/18 Price Changed $122,900 -7.5% $109 / Sq Ft
12/03/2018 12/03/18 For Sale $132,900 -- $118 / 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 $385 $36,500 $5,900 $30,600
2023 $1,320 $36,500 $5,900 $30,600
2022 $1,306 $36,500 $5,900 $30,600
2021 $1,272 $36,500 $5,900 $30,600
2020 $1,271 $36,500 $5,900 $30,600
2019 $1,058 $36,500 $5,900 $30,600
2018 $5,648 $36,500 $5,900 $30,600
2017 $282 $36,500 $5,900 $30,600
2016 $1,024 $36,500 $5,900 $30,600
2015 $918 $36,500 $5,900 $30,600
2014 $917 $36,500 $5,900 $30,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2039348

Bright MLS

APN: 18-024.00-190

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