NOT LISTED FOR SALE

196 Madison Dr Newark, DE 19711

Estimated Value: $227,000 - $280,920

3 Beds
1 Bath
1,970 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $156,000 $79 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,341/month

14 Days on Market

Highlights

  • Colonial Architecture
  • Living Room
  • Heat Pump System
  • No HOA
  • Central Air
  • 1-minute walk to Dickey Park

About This Home

As of June 2021

Fully renovated 3 bedrooms, 1 bath townhouse in College Park. This property has a 4 people rental permit. Almost everything inside is completely new: fresh paint throughout, new kitchen with granite countertops, new cabinets, new bathroom, new laminated flooring, new windows, and the list goes on and on. Convenient location: walking distance to Univ. of Del., and downtown Newark, minutes from I-95.

Last Agent to Sell the Property

Ping Xu

(302) 743-3604 pingxul@yahoo.com RE/MAX Edge License #RA-0030970 Listed on: 05/12/2021

Last Buyer's Agent

Sue Leek

(302) 593-8142 sueshomes4u@gmail.com RE/MAX 1st Choice - Middletown License #RS-0015241

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,655

Year Built

  • Built in 1955 | Remodeled in 2021

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 16.00 x 86.60

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Living Room
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Driveway Space

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Tax Lot 218
  • Assessor Parcel Number 18-024.00-218

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,655

Year Built

Built in 1955 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1955
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1970
  • Living Area Sq Ft: 1970
  • Price Per Sq Ft: 96.77
  • Above Grade Finished Sq Ft: 1550
  • Below Grade Finished Sq Ft: 420
  • Total Below Grade Sq Ft: 420
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway
  • 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(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 33900.00
  • Land Assessed Value: 5900.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 86.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: 18RR
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2371560
  • School Tax: 1237.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1655.00
  • Assessor Parcel Number: 18-024.00-218
  • Tax Lot: 218
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 11, 2021
Sold by
Duo Miao
Bought by
Sugar Philip Michael and Sugar Lisa Dangelo
Seller's Agent
Ping Xu
RE/MAX Edge
Buyer's Agent
Sue Leek
RE/MAX 1st Choice - Middletown
List Price
$150,000
Sold Price
$156,000
Premium/Discount to List
$6,000
4%
Current Estimated Value
$249,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,125
Avg. Annual Appreciation
10.50%

Purchase Details

Listed on
Feb 8, 2016
Closed on
Jun 20, 2016
Sold by
Troyano Stephen
Bought by
Duo Miao
Seller's Agent
Sean Casey
Patterson-Schwartz-Newark
Buyer's Agent
Ping Xu
RE/MAX Edge
List Price
$124,000
Sold Price
$113,000
Premium/Discount to List
-$11,000
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$84,750
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2012
Sold by
Troyano Stephen and Troyano Tammy A
Bought by
Troyano Stephen

Purchase Details

Closed on
Jun 29, 2006
Sold by
Christiana Service Co Llc
Bought by
Troyano Stephen and Troyano Tammy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,175
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2002
Sold by
Hudson Lloyd A and Hudson Sharon H
Bought by
Christiana Service Company Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sugar Philip Michael -- None Available
Duo Miao $113,000 Attorney
Troyano Stephen -- None Available
Troyano Stephen $135,500 None Available
Christiana Service Company Llc $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duo Miao $84,750
Previous Owner Troyano Stephen $115,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2021 06/11/21 Sold $156,000 0.0% $79 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/12/2021 05/12/21 Off Market $156,000 -- --
05/12/2021 05/12/21 For Sale $150,000 0.0% $76 / Sq Ft
05/25/2018 05/25/18 Rented $1,200 0.0% --
05/23/2018 05/23/18 Under Contract -- -- --
01/19/2018 01/19/18 For Rent $1,200 0.0% --
08/26/2016 08/26/16 Rented $1,200 0.0% --
08/16/2016 08/16/16 Under Contract -- -- --
08/02/2016 08/02/16 For Rent $1,200 0.0% --
06/29/2016 06/29/16 Sold $113,000 -5.8% $101 / Sq Ft View Prior Sale
05/28/2016 05/28/16 Pending -- -- --
05/11/2016 05/11/16 Price Changed $119,900 -3.3% $107 / Sq Ft
04/29/2016 04/29/16 Price Changed $124,000 0.0% $111 / Sq Ft
04/29/2016 04/29/16 For Sale $124,000 +9.7% $111 / Sq Ft
03/17/2016 03/17/16 Off Market $113,000 -- --
03/02/2016 03/02/16 For Sale $95,000 0.0% $85 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $95,000 -- $85 / 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 $420 $39,800 $5,900 $33,900
2023 $1,439 $39,800 $5,900 $33,900
2022 $1,424 $39,800 $5,900 $33,900
2021 $1,387 $39,800 $5,900 $33,900
2020 $1,347 $39,800 $5,900 $33,900
2019 $1,181 $39,800 $5,900 $33,900
2018 $6,158 $39,800 $5,900 $33,900
2017 $308 $39,800 $5,900 $33,900
2016 $1,116 $39,800 $5,900 $33,900
2015 $1,001 $39,800 $5,900 $33,900
2014 $1,000 $39,800 $5,900 $33,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC526338

Bright MLS

APN: 18-024.00-218