NOT LISTED FOR SALE

2 Madison Dr Newark, DE 19711

Estimated Value: $237,000 - $323,000

3 Beds
1.5 Baths
1,600 Sq Ft
$176/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $210,000 $131 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,623/month

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Storage Room
  • No HOA
  • Living Room
  • 3-minute walk to Dickey Park

About This Home

As of July 2022

OFFER SUBMISSION DEADLINE- 6/26/22 @ 5 P.M. Offers will be reviewed with the seller on Monday, 6/27/22.

Rarely available, an all-brick, end-unit townhome in the West Newark neighborhood is available and waiting for a new owner. This 3 bed, 1.5 bath home features vinyl floors throughout, an open kitchen/dining area, and a half bath on the main floor. Filled with plenty of new windows replaced in 2019, this space is light, bright, and comfortable. You’ll enjoy the easy-care vinyl flooring throughout the 1st and 2nd floors. Upstairs you will find 3 good-sized bedrooms, all with overhead lighting and a full bath with a skylight. The attic has fresh R-10 insulation blown-in this year. The lower level has a flex space,laundry area, and storage room. There’s a one-car garage and convenient parking lot behind the home. Nearby Edna C. Dickey Park, University of Delaware, dining, shopping, and entertainment. Don’t wait, schedule your showing today.

Last Agent to Sell the Property

Brian Cooper

Coldwell Banker Realty License #633367 Listed on: 06/23/2022

Coldwell Banker Realty

Last Buyer's Agent

Melinda Proctor

RE/MAX Associates-Hockessin License #R3-012322

RE/MAX Associates-Hockessin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,943

Year Built

  • Built in 1953

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 38.30 x 91.70

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space
  • Rear-Facing Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Storage Room
  • Partially Finished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Tax Lot 081
  • Assessor Parcel Number 18-025.00-081

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,943

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: None - There are no common exclusions
  • Inclusions: Clothes Dryer, Clothes Washer, Dishwasher, Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-06-23
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Remarks Public: OFFER SUBMISSION DEADLINE- 6/26/22 @ 5 P.M. Offers will be reviewed with the seller on Monday, 6/27/22. Rarely available, an all-brick, end-unit townhome in the West Newark neighborhood is available and waiting for a new owner. This 3 bed, 1.5 bath home features vinyl floors throughout, an open kitchen/dining area, and a half bath on the main floor. Filled with plenty of new windows replaced in 2019, this space is light, bright, and comfortable. You’ll enjoy the easy-care vinyl flooring throughout the 1st and 2nd floors. Upstairs you will find 3 good-sized bedrooms, all with overhead lighting and a full bath with a skylight. The attic has fresh R-10 insulation blown-in this year. The lower level has a flex space,laundry area, and storage room. There’s a one-car garage and convenient parking lot behind the home. Nearby Edna C. Dickey Park, University of Delaware, dining, shopping, and entertainment. Don’t wait, schedule your showing today.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Storage Room, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 111.36
  • Above Grade Finished Sq Ft: 1400
  • Below Grade Finished Sq Ft: 200
  • Total Below Grade Sq Ft: 200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stone
  • 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
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 31300.00
  • Land Assessed Value: 7300.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 38.30 x 91.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Year Assessed: 2021
  • Zoning: 18RR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2371853
  • School Tax: 1240.00
  • Tax Annual Amount: 1943.00
  • Assessor Parcel Number: 18-025.00-081
  • Tax Lot: 081
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/25/2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jul 25, 2022
Sold by
Kevin Zheng
Bought by
Blockett Kimberly D
Seller's Agent
Brian Cooper
Coldwell Banker Realty
Buyer's Agent
Melinda Proctor
RE/MAX Associates-Hockessin
List Price
$155,900
Sold Price
$210,000
Premium/Discount to List
$54,100
34.7%
Current Estimated Value
$282,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,278
Avg. Annual Appreciation
8.87%
Original Mortgage
$175,500
Outstanding Balance
$168,394
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$106,068

Purchase Details

Listed on
Aug 14, 2019
Closed on
Sep 27, 2019
Sold by
Chen Hongjie
Bought by
Zheng Kevin
Seller's Agent
Judy Chen
BHHS Fox & Roach - Hockessin
Buyer's Agent
Dawn Gilmore
Tesla Realty Group, LLC
List Price
$139,900
Sold Price
$131,665
Premium/Discount to List
-$8,235
-5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.94%
Original Mortgage
$98,748
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2015
Closed on
Aug 12, 2015
Bought by
Chen Hongjie
Seller's Agent
Joseph Berchock
RE/MAX Associates - Newark
Buyer's Agent
Judy Chen
BHHS Fox & Roach - Hockessin
List Price
$114,900
Sold Price
$112,900
Premium/Discount to List
-$2,000
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%

Purchase Details

Closed on
Aug 31, 2004
Sold by
Murphy Mildred K
Bought by
Valentine Sara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,200
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Blockett Kimberly D -- Ward & Taylor Llc
Zheng Kevin -- None Available
Chen Hongjie $112,900 --
Valentine Sara M $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blockett Kimberly D $175,500
Previous Owner Zheng Kevin $98,748
Previous Owner Valentine Sara M $108,437
Previous Owner Valentine Sara M $15,500
Previous Owner Valentine Sara M $110,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $210,000 +34.7% $131 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $155,900 +18.4% $97 / Sq Ft
09/27/2019 09/27/19 Sold $131,665 -5.9% $94 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $139,900 +23.9% $100 / Sq Ft
08/15/2015 08/15/15 Sold $112,900 -1.7% $81 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $114,900 -- $82 / 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 $1,430 $38,600 $7,300 $31,300
2023 $1,396 $38,600 $7,300 $31,300
2022 $1,381 $38,600 $7,300 $31,300
2021 $1,346 $38,600 $7,300 $31,300
2020 $1,307 $38,600 $7,300 $31,300
2019 $1,146 $38,600 $7,300 $31,300
2018 $5,972 $38,600 $7,300 $31,300
2017 $299 $38,600 $7,300 $31,300
2016 $1,083 $38,600 $7,300 $31,300
2015 -- $38,600 $7,300 $31,300
2014 $970 $38,600 $7,300 $31,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2025894

Bright MLS

APN: 18-025.00-081