NOT LISTED FOR SALE

31 Madison Dr Newark, DE 19711

Estimated Value: $160,000 - $234,000

3 Beds
1 Bath
1,125 Sq Ft
$189/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2013

Last sale price $84,000 $75 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,230 / mo

73 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Eat-In Kitchen
  • Wood Flooring
  • No HOA
  • 3-minute walk to Dickey Park

About This Home

As of May 2013

This townhouse is located within City of Newark limits. Walk in to the large living room, dining room, and kitchen. On the second floor there are three spacious bedrooms, and one full bath. Hardwood floors throughout. The basement is partially finished, and one car garage. This is near to the University of Delaware. This is Fannie Mae HomePath property. All offers to be submitted online to Homepath. First Look period applies in which only owner occupants may submit offers on this property for the first 15 days. Please download offer instructions from Trend. This house has been approved for HomePath renovation Mortgages.

Last Agent to Sell the Property

Daniel Logan

(302) 239-3000 ssedita@psre.com Patterson-Schwartz-Hockessin License #R3-0016334 Listed on: 02/05/2013

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Daniel Duncan

(302) 442-4200 jessicastiner@remax.net RE/MAX Edge

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,113

Year Built

  • Built in 1954

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 16 x 126
  • Property is in good condition

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,125 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces

Utilities

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

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-025.00-098

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,113

Year Built

Built in 1954

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: N-A
  • Inclusions: N-A
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1954
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop
  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1125
  • Living Area Sq Ft: 1125
  • Net Sq Ft: 1125.00
  • Price Per Sq Ft: 79.02
  • Above Grade Finished Sq Ft: 1125
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Total Garage And Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16 X 126
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Zoning: 18RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2371870
  • Tax Annual Amount: 1113.00
  • Assessor Parcel Number: 18-025.00-098
  • Tax Year: 2012

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2013
Closed on
May 17, 2013
Sold by
Fannie Mae
Bought by
Wei Dong Donna and Hu Longqin
Seller's Agent
Daniel Logan
Patterson-Schwartz-Hockessin
Buyer's Agent
Daniel Duncan
RE/MAX Edge
List Price
$90,000
Sold Price
$84,000
Premium/Discount to List
-$6,000
-6.67%
Current Estimated Value
$212,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,594
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Jan 22, 2013
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 2, 2007
Sold by
Lynch George P and Lynch Michelle J
Bought by
Bierma Alissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2005
Sold by
Greenstein David
Bought by
Lynch George P and Lynch Michelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wei Dong Donna -- None Available
Federal National Mortgage Association -- None Available
Bierma Alissa $136,000 None Available
Lynch George P $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bierma Alissa $108,800
Previous Owner Lynch George P $105,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2013 05/24/13 Sold $84,000 -5.5% $75 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
03/26/2013 03/26/13 Price Changed $88,900 -1.2% $79 / Sq Ft
02/05/2013 02/05/13 For Sale $90,000 -- $80 / 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
2025 $1,332 $216,100 $75,700 $140,400
2024 $386 $36,600 $5,900 $30,700
2023 $1,323 $36,600 $5,900 $30,700
2022 $1,309 $36,600 $5,900 $30,700
2021 $1,276 $36,600 $5,900 $30,700
2020 $1,239 $36,600 $5,900 $30,700
2019 $1,086 $36,600 $5,900 $30,700
2018 $1,061 $36,600 $5,900 $30,700
2017 $1,030 $36,600 $5,900 $30,700
2016 $1,027 $36,600 $5,900 $30,700
2015 $920 $36,600 $5,900 $30,700
2014 $920 $36,600 $5,900 $30,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003324736

Bright MLS

APN: 18-025.00-098

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