NOT LISTED FOR SALE

17 Madison Dr Newark, DE 19711

Estimated Value: $216,000 - $275,000

3 Beds
1 Bath
1,390 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $248,100 $178 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,465/month

7 Days on Market

Highlights

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

About This Home

As of July 2024

Sunny and bright this 3 Bedroom,1 Bath home is move in ready and the College Park community has no HOA or Fees ! Featuring an open floorplan, the space feels inviting and spacious with beautiful original hardwood floors adding character and charm. The updated kitchen adds a touch of modern luxury. Featuring new cabinetry, crown molding, granite countertops, and Whirlpool stainless steel appliances creating a stylish and functional culinary space. Plus, the luxury vinyl tile flooring with a lifetime limited warranty offers both durability and aesthetic appeal. Bathroom updates include new vanity, with new fixtures for the bathtub, sink and toilet, enhancing functionality and aesthetics. The basement upgrades are impressive, with a full perimeter foundation french drain system and automatic sump pump, as well as a front exterior foundation drain system ensuring a super dry basement. The partially finished basement adds versatility to the property, offering an office/gaming room that could potentially serve as a fourth bedroom, along with laundry facilities and a one-car garage with new door and auto opener. The inclusion of heat pump with central air ensures year-round comfort. Location-wise, this property is a winner! Situated within walking or biking distance to the University of Delaware, with UD bus stop just a three-minute walk away and the home is walking distance to restaurants and shopping. Additionally, the rental permit allows for up to four unrelated tenants, making it an attractive option for investors or those seeking rental income. College Park Community has direct access to Edna C Dickey Park, host to a range of recreational facilities, including basketball, horseshoe, and street hockey courts, picnic area, pavilion, swimming pool, and playground. Offering a blend of modern updates, functional amenities, and a prime location, this property is well worth your time and attention and is a desirable option for homeowners and investors alike.

Last Agent to Sell the Property

Robin Jones

RE/MAX Excellence - Kennett Square License #5000346 Listed on: 05/12/2024

RE/MAX Excellence - Kennett Square

Last Buyer's Agent

Robin Jones

RE/MAX Excellence - Kennett Square License #5000346 Listed on: 05/12/2024

RE/MAX Excellence - Kennett Square

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 1954

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 16.00 x 100.00
  • Property is in excellent condition

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Garage Access
  • Water Proofing System
  • Drainage System
  • Sump Pump
  • Laundry in Basement

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 091
  • Assessor Parcel Number 18-025.00-091

Community Details

Overview

  • No Home Owners Association
  • College Park Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,597

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: personal property
  • Historic: No
  • Inclusions: washer, dryer, refrigerator, sofa in basement gaming room
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-12
  • Federal Flood Zone: No
  • Year Built: 1954
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Sunny and bright this 3 Bedroom,1 Bath home is move in ready and the College Park community has no HOA or Fees ! Featuring an open floorplan, the space feels inviting and spacious with beautiful original hardwood floors adding character and charm. The updated kitchen adds a touch of modern luxury. Featuring new cabinetry, crown molding, granite countertops, and Whirlpool stainless steel appliances creating a stylish and functional culinary space. Plus, the luxury vinyl tile flooring with a lifetime limited warranty offers both durability and aesthetic appeal. Bathroom updates include new vanity, with new fixtures for the bathtub, sink and toilet, enhancing functionality and aesthetics. The basement upgrades are impressive, with a full perimeter foundation french drain system and automatic sump pump, as well as a front exterior foundation drain system ensuring a super dry basement. The partially finished basement adds versatility to the property, offering an office/gaming room that could potentially serve as a fourth bedroom, along with laundry facilities and a one-car garage with new door and auto opener. The inclusion of heat pump with central air ensures year-round comfort. Location-wise, this property is a winner! Situated within walking or biking distance to the University of Delaware, with UD bus stop just a three-minute walk away and the home is walking distance to restaurants and shopping. Additionally, the rental permit allows for up to four unrelated tenants, making it an attractive option for investors or those seeking rental income. College Park Community has direct access to Edna C Dickey Park, host to a range of recreational facilities, including basketball, horseshoe, and street hockey courts, picnic area, pavilion, swimming pool, and playground. Offering a blend of modern updates, functional amenities, and a prime location, this property is well worth your time and attention and is a desirable option for homeowners and investors alike.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood, Luxury Vinyl Tile, Vinyl
  • Fireplace: No
  • Foundation Details: Other, Concrete Perimeter
  • Levels Count: 3
  • Room Count: 7
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 3
  • Basement: Yes
  • Basement Type: Full, Garage Access, Improved, Outside Entrance, Interior Access, Partially Finished, Rear Entrance, Sump Pump, Walkout Level, Water Proofing System, Heated, Drainage System
  • Laundry Type: Basement
  • Total Sq Ft: 1390
  • Living Area Sq Ft: 1390
  • Price Per Sq Ft: 188.00
  • Above Grade Finished Sq Ft: 1250
  • Below Grade Finished Sq Ft: 140
  • Total Below Grade Sq Ft: 140
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • 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: Basement Garage, Garage - Rear Entry, Inside Access, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • 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

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Excellent, Very Good
  • Year Assessed: 2022
  • 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

  • School Tax: 1213.00
  • Tax Annual Amount: 1597.00
  • Assessor Parcel Number: 18-025.00-091
  • Tax Lot: 091
  • Tax Total Finished Sq Ft: 1250
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/10/2024

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2024
Closed on
Jul 10, 2024
Sold by
Matus Paul A and Matus Tamara J
Bought by
James Coleman Lee
Seller's Agent
Robin Jones
RE/MAX Excellence - Kennett Square
Buyer's Agent
Robin Jones
RE/MAX Excellence - Kennett Square
List Price
$235,000
Sold Price
$248,100
Premium/Discount to List
$13,100
5.57%
Views
227
Current Estimated Value
$253,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,610
Avg. Annual Appreciation
0.93%
Original Mortgage
$220,000
Outstanding Balance
$217,778
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$33,077

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 9, 2021
Sold by
Harvey Bruce F and Harvey Sarah H
Bought by
Matus Paul A and Matus Tamara J
Seller's Agent
Cathy Verne
Patterson-Schwartz-Newark
Buyer's Agent
Robin Jones
RE/MAX Excellence - Kennett Square
List Price
$140,000
Sold Price
$145,000
Premium/Discount to List
$5,000
3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%

Purchase Details

Closed on
Feb 14, 2014
Sold by
Bauscher John A
Bought by
Harvey Bruce F and Harvey Sarah H
Source: Public Records

Range of Values:

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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
James Coleman Lee $248,100 None Listed On Document
Matus Paul A -- None Available
Harvey Bruce F $84,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Coleman Lee $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $248,100 +5.6% $178 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/12/2024 05/12/24 For Sale $235,000 +62.1% $169 / Sq Ft
04/09/2021 04/09/21 Sold $145,000 +3.6% $116 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $140,000 -- $112 / Sq Ft
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 $1,360 $36,700 $5,900 $30,800
2023 $1,327 $36,700 $5,900 $30,800
2022 $1,313 $36,700 $5,900 $30,800
2021 $1,279 $36,700 $5,900 $30,800
2020 $1,242 $36,700 $5,900 $30,800
2019 $1,089 $36,700 $5,900 $30,800
2018 $5,678 $36,700 $5,900 $30,800
2017 $284 $36,700 $5,900 $30,800
2016 $1,029 $36,700 $5,900 $30,800
2015 $923 $36,700 $5,900 $30,800
2014 $922 $36,700 $5,900 $30,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2060300

Bright MLS

APN: 18-025.00-091