NOT LISTED FOR SALE

4 Madison Dr Newark, DE 19711

Estimated Value: $216,000 - $246,000

3 Beds
1 Bath
1,250 Sq Ft
$186/Sq Ft Est. Value

Last Sold January 05, 2012

Last sale price $112,000 $90 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,244/month

42 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • Wood Flooring
  • Skylights
  • 3-minute walk to Dickey Park

About This Home

As of January 2012

Location, Location! Nice brick home is set up on hill away from the street. This house is clean, well-maintained, and you can move right in! It's located about 1/2 mile from the University of Delaware. The kitchen features a breakfast bar and a nice view to the back playground. This home already has central ait, hardwood floors throughout, with a skylight in the bathroom upstairs giving plenty of light. There is a 2-year young roof with a 15 year warranty, and a newer hot water heater also 2-years young. Parking in the rear, and property backs to parkland. You can walk to UD, and home is close to shopping and easy access to I-95. Perfect for first time home buyers or investors wanting to start their portfolio!

Last Agent to Sell the Property

Denise Forman Gaines

(302) 379-2815 denisegaines@c21gk.com Century 21 Gold Key Realty License #RS-0016389 Listed on: 10/06/2011

Century 21 Gold Key Realty

Last Buyer's Agent

Tami Xue

(302) 354-9536 tamixue@c21gk.com Century 21 Gold Key Realty License #RS-0017367

Century 21 Gold Key Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $980

Year Built

  • Built in 1953

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 16x90
  • Sloped Lot
  • Front Yard
  • Property is in good condition

Parking

  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • Property has 2 Levels
  • Skylights
  • Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Tax Lot 080
  • Assessor Parcel Number 18-025.00-080

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$980

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1953
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Skylight(s)
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1250
  • Living Area Sq Ft: 1250
  • Net Sq Ft: 1250.00
  • Price Per Sq Ft: 90.40
  • Above Grade Finished Sq Ft: 1250
  • 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
  • Exterior Features: Sidewalks, Street Lights, Satellite Dish
  • Roof: Shingle
  • 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: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water
  • 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

  • Improvement Assessed Value: 31100.00
  • Land Assessed Value: 5100.00
  • Lot Features: Sloping, Front Yard
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16X90
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Good
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2371852
  • Tax Annual Amount: 980.00
  • Assessor Parcel Number: 18-025.00-080
  • Tax Lot: 080
  • Tax Year: 2010

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2011
Closed on
Jan 5, 2012
Sold by
Cartus Financial Corporation
Bought by
Hu Liping
Seller's Agent
Denise Forman Gaines
Century 21 Gold Key Realty
Buyer's Agent
Tami Xue
Century 21 Gold Key Realty
List Price
$113,000
Sold Price
$112,000
Premium/Discount to List
-$1,000
-0.88%
Current Estimated Value
$232,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,035
Avg. Annual Appreciation
5.34%
Original Mortgage
$83,700
Outstanding Balance
$54,912
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$177,123

Purchase Details

Listed on
Oct 6, 2011
Closed on
Jan 1, 2012
Sold by
Kearns Kelley
Bought by
Cartus Financial Corporation
Seller's Agent
Denise Forman Gaines
Century 21 Gold Key Realty
Buyer's Agent
Tami Xue
Century 21 Gold Key Realty
List Price
$113,000
Sold Price
$112,000
Premium/Discount to List
-$1,000
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Outstanding Balance
$54,912
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$177,123

Purchase Details

Closed on
Aug 25, 2004
Sold by
Scantlebury Kathryn
Bought by
Kearns Kelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,520
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
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
Hu Liping $112,000 None Available
Cartus Financial Corporation $112,000 None Available
Kearns Kelley $111,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Liping $83,700
Previous Owner Kearns Kelley $89,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2012 01/05/12 Sold $112,000 -0.9% $90 / Sq Ft
11/17/2011 11/17/11 Pending -- -- --
10/06/2011 10/06/11 For Sale $113,000 -- $90 / 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 $382 $36,200 $5,100 $31,100
2023 $1,309 $36,200 $5,100 $31,100
2022 $1,295 $36,200 $5,100 $31,100
2021 $36 $36,200 $5,100 $31,100
2020 $1,226 $36,200 $5,100 $31,100
2019 $1,074 $36,200 $5,100 $31,100
2018 $5,600 $36,200 $5,100 $31,100
2017 $280 $36,200 $5,100 $31,100
2016 $1,015 $36,200 $5,100 $31,100
2015 $910 $36,200 $5,100 $31,100
2014 $910 $36,200 $5,100 $31,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004542996

Bright MLS

APN: 18-025.00-080