NOT LISTED FOR SALE

2308 Independence Way Unit 2308 Newark, DE 19713

Estimated Value: $225,000 - $277,000

3 Beds
2 Baths
-- Sq Ft
$300/mo HOA Fee

Last Sold October 25, 2012

Last sale price $170,000

Est. 51% increase in value since last sale

Current estimated payment $1,832/month

Highlights

  • Active Adult
  • Wooded Lot
  • Balcony
  • Clubhouse
  • Traditional Architecture
  • 2 Car Direct Access Garage

About This Home

As of October 2012

Premium 3 Bedroom, 2 Bath, ALL ROOMS ON SAME LEVEL, 3rd Floor Condo With Elevator Access, Private Oversized 2 Car Garage Has Inside Access To First Floor And This Gorgeous Corner Unit Has New Plush Carpeting And Overlooks Wooded Area, Pond And Clubhouse! Spacious And Well Maintained This Home Features Upgraded White Bay Kitchen Cabinets, Updated Refrigerator And Ceiling Fans, Wonderful Breakfast Area Has Sliders To Balcony With Retractable Awning. Attractive Custom Window Treatments Throughout And The Dining Area Also Has Sliders To Spacious Balcony With Wooded Views! Master Suite Has Windows On Two Sides Of The Building Offering Wooded And Pond Views, Walk-In Closet And Full Bath With White Bay Cabinets, Tile Floor And Shower. Southridge Is A Secluded 55+ Community, Beautifully Maintained With Walking Trails, Clubhouse With Fireplace, Fitness Center And Kitchen Facilities For Gatherings And Parties. Great Location, Close To U of D, Restaurants And Shopping!

Last Agent to Sell the Property

Mary Lynch

(302) 540-4004 mlynch@psre.com Patterson-Schwartz-Middletown Listed on: 03/24/2012

Patterson-Schwartz-Middletown

Last Buyer's Agent

DOUG SALMON

dougsalmon@remax.net RE/MAX Associates - Newark License #TREND:4002485

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,025

Year Built

  • Built in 1997

Lot Details

  • Wooded Lot
  • Property is in good condition

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Parking Lot

Home Design

  • Traditional Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Accessible Home Design

  • Mobility Improvements

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 039.C.0050
  • Assessor Parcel Number 18-045.00-039.C.0050

Community Details

Overview

  • Active Adult
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, insurance, management
  • $600 Other One-Time Fees
  • 54 Units
  • Southridge Subdivision

Amenities

  • Clubhouse

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,025

Year Built

Built in 1997

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Accessibility Features: Mobility Improvements
  • Ownership: Condominium
  • Inclusions: Refrigerator, Washer, Dryer, Window Treatments, 2 Ceiling Fans
  • New Construction: No
  • Year Built: 1997
  • Remarks Public: Premium 3 Bedroom, 2 Bath, ALL ROOMS ON SAME LEVEL, 3rd Floor Condo With Elevator Access, Private Oversized 2 Car Garage Has Inside Access To First Floor And This Gorgeous Corner Unit Has New Plush Carpeting And Overlooks Wooded Area, Pond And Clubhouse! Spacious And Well Maintained This Home Features Upgraded White Bay Kitchen Cabinets, Updated Refrigerator And Ceiling Fans, Wonderful Breakfast Area Has Sliders To Balcony With Retractable Awning. Attractive Custom Window Treatments Throughout And The Dining Area Also Has Sliders To Spacious Balcony With Wooded Views! Master Suite Has Windows On Two Sides Of The Building Offering Wooded And Pond Views, Walk-In Closet And Full Bath With White Bay Cabinets, Tile Floor And Shower. Southridge Is A Secluded 55+ Community, Beautifully Maintained With Walking Trails, Clubhouse With Fireplace, Fitness Center And Kitchen Facilities For Gatherings And Parties. Great Location, Close To U of D, Restaurants And Shopping!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal
  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Dining Area
  • Fireplace: No
  • Entry Location: Foyer
  • Floors In Unit Count: 3
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Street Number Modifier: 2308

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Insurance, Management
  • HOA: No
  • Senior Community: Yes

Fee Information

  • Other Fees: 600.00
  • Other Fees Frequency: One Time

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 61100.00
  • Land Assessed Value: 10400.00
  • Lot Features: Trees/Wooded
  • Lot Dimensions: COMMON AREA
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Zoning: AC

Rental Info

  • Pets: Case By Case Basis
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2374043
  • Tax Annual Amount: 2025.00
  • Assessor Parcel Number: 18-045.00-039.C.0050
  • Tax Lot: 039.C.0050
  • Tax Year: 2011
  • Close Date: 10/25/2012

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2012
Closed on
Oct 25, 2012
Sold by
Stone Stuart E and The Herbert E Stone Jr Revocab
Bought by
Briscoe Michael K and Briscoe Juanita K
Seller's Agent
Mary Lynch
Patterson-Schwartz-Middletown
Buyer's Agent
DOUG SALMON
RE/MAX Associates - Newark
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Current Estimated Value
$257,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,343
Avg. Annual Appreciation
3.24%
Original Mortgage
$136,000
Outstanding Balance
$94,112
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$163,231

Purchase Details

Closed on
Sep 30, 2009
Sold by
Cashin William D and William D Cashin Revocable Tru
Bought by
Stone Herbert E and Stone Romaine B
Source: Public Records

Range of Values:

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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
Briscoe Michael K $170,000 None Available
Stone Herbert E $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Briscoe Michael K $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2012 10/25/12 Sold $170,000 -5.5% --
09/05/2012 09/05/12 Pending -- -- --
03/24/2012 03/24/12 For Sale $179,900 -- --
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 $2,062 $71,500 $10,400 $61,100
2023 $2,002 $71,500 $10,400 $61,100
2022 $1,971 $71,500 $10,400 $61,100
2021 $1,932 $71,500 $10,400 $61,100
2020 $1,932 $71,500 $10,400 $61,100
2019 $1,622 $71,500 $10,400 $61,100
2018 $1,581 $71,500 $10,400 $61,100
2017 $1,526 $71,500 $10,400 $61,100
2016 $1,420 $71,500 $10,400 $61,100
2015 $1,212 $71,500 $10,400 $61,100
2014 $1,211 $71,500 $10,400 $61,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003895514

Bright MLS

APN: 18-045.00-039.C-0050