NOT LISTED FOR SALE

401 Margit Ct Unit 401 Newark, DE 19711

Eastern Newark Neighborhood

Estimated Value: $156,000 - $193,000

1 Bed
1 Bath
825 Sq Ft
$295/mo HOA Fee

Last Sold July 10, 2020

Last sale price $102,000 $124 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,425/month

2 Days on Market

Highlights

  • No Units Above
  • Vaulted Ceiling
  • Den
  • Wilson (Etta J.) Elementary School Rated 9+
  • Main Floor Bedroom
  • Balcony

About This Home

As of July 2020

Looking for maintenance-free condo living that's close to absolutely everything? Then, look no further - This well-maintained end unit (complete with 1-car garage) in the desirable Creekside community has it all! Conveniently located just off of Kirkwood Highway, you'll have quick and easy access to the University of Delaware, Christiana Hospital, restaurants, recreation, public transportation, shopping & services. Enjoy a short and simple commute to work or school on weekdays, then choose from practically unlimited options on weekends...Spend the day fishing, hiking or biking at White Clay Creek State Park, go on a shopping spree at the Christiana Mall, or head over to Delaware Park for golf, gaming, racing or dining.Inside the condo, you'll find lots of natural light coming in through large windows (most of which have been replaced). Vaulted ceilings create an airy, spacious feel throughout the open floor plan, which includes a dining area just off the kitchen and a decorative fireplace. In addition to the master bedroom, with its large walk-in closet, you have an extra space that can be used as an office, workout room, or even a guest room. The full bath has just been updated with new vanity, toilet, and flooring, and the laundry room boasts a full-size stackable washer & dryer. Polybutylene plumbing lines have been replaced throughout. The very reasonable condo fee covers all exterior maintenance (including siding & roofing), trash, recycling, snow removal and common area maintenance. This gem is the only unit currently available in the community, so don't hesitate - Schedule your showing TODAY!!!

Last Listed By

Russell Griffin

Keller Williams Realty License #RA-0020424 Listed on: 05/18/2020

Keller Williams Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • No Units Above
  • Property is in very good condition

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 825 Sq Ft Home
  • Property has 1 Level
  • Vaulted Ceiling
  • Ceiling Fan
  • Non-Functioning Fireplace
  • Window Screens
  • Living Room
  • Dining Room
  • Den
  • Home Security System

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 218.C.0177
  • Assessor Parcel Number 08-055.30-218.C.0177

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal
  • Low-Rise Condominium
  • Creekside Subdivision
  • Property Manager

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

HOA Fees

$295 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Inclusions: Shower Rod
  • New Construction: No
  • Story List: Main
  • Year Built: 1989
  • Remarks Public: Looking for maintenance-free condo living that's close to absolutely everything? Then, look no further - This well-maintained end unit (complete with 1-car garage) in the desirable Creekside community has it all! Conveniently located just off of Kirkwood Highway, you'll have quick and easy access to the University of Delaware, Christiana Hospital, restaurants, recreation, public transportation, shopping & services. Enjoy a short and simple commute to work or school on weekdays, then choose from practically unlimited options on weekends...Spend the day fishing, hiking or biking at White Clay Creek State Park, go on a shopping spree at the Christiana Mall, or head over to Delaware Park for golf, gaming, racing or dining.Inside the condo, you'll find lots of natural light coming in through large windows (most of which have been replaced). Vaulted ceilings create an airy, spacious feel throughout the open floor plan, which includes a dining area just off the kitchen and a decorative fireplace. In addition to the master bedroom, with its large walk-in closet, you have an extra space that can be used as an office, workout room, or even a guest room. The full bath has just been updated with new vanity, toilet, and flooring, and the laundry room boasts a full-size stackable washer & dryer. Polybutylene plumbing lines have been replaced throughout. The very reasonable condo fee covers all exterior maintenance (including siding & roofing), trash, recycling, snow removal and common area maintenance. This gem is the only unit currently available in the community, so don't hesitate - Schedule your showing TODAY!!!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Washer/Dryer Stacked, Water Heater, Refrigerator, Oven/Range - Electric
  • Entry Floor: 2
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Tub Shower, Walk-In Closet(s)
  • Window Features: Screens
  • Fireplace Features: Non-Functioning
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: No One Above
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1, Laundry, Office, Bathroom 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 825
  • Living Area Sq Ft: 825
  • Price Per Sq Ft: 121.21
  • Above Grade Finished Sq Ft: 825
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle
  • 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 Parking
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • 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
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 295.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal
  • 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: 42900.00
  • Land Assessed Value: 7600.00
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: NCPUD
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2292237
  • School Tax: 1341.00
  • Tax Annual Amount: 1758.00
  • Assessor Parcel Number: 08-055.30-218.C.0177
  • Tax Lot: 218.C.0177
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/10/2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 10, 2020
Sold by
Thompson Julie A and Kusz Julie A
Bought by
Needam Tara A
Seller's Agent
Russell Griffin
Keller Williams Realty
Buyer's Agent
Samuel Barksdale
Barksdale & Affiliates Realty
List Price
$100,000
Sold Price
$102,000
Premium/Discount to List
$2,000
2%
Total Days on Market
2
Current Estimated Value
$170,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,683
Avg. Annual Appreciation
10.36%
Original Mortgage
$100,152
Outstanding Balance
$89,987
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$74,994

Purchase Details

Closed on
Jun 14, 2017
Sold by
Disabatino Joann M
Bought by
Revocab Disabatino Joann Marie

Purchase Details

Closed on
Feb 6, 2009
Sold by
Opal Investment Inc
Bought by
Kusz Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,275
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2005
Sold by
Corrigan Jacqueline A and Godwin Jacqueline A
Bought by
Clough David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,090
Interest Rate
5.78%
Mortgage Type
Credit Line Revolving

Range of Values:

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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
Needam Tara A $102,000 None Available
Revocab Disabatino Joann Marie -- None Available
Kusz Julie A $95,000 None Available
Clough David H $100,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Needam Tara A $100,152
Previous Owner Kusz Julie A $91,048
Previous Owner Kusz Julie A $93,275
Previous Owner Clough David H $104,800
Previous Owner Clough David H $10,090
Previous Owner Clough David H $80,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $102,000 +2.0% $124 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $100,000 -- $121 / 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
2023 $2,091 $50,500 $7,600 $42,900
2022 $2,087 $50,500 $7,600 $42,900
2021 $2,043 $50,500 $7,600 $42,900
2020 $1,711 $50,500 $7,600 $42,900
2019 $1,900 $50,500 $7,600 $42,900
2018 $103 $50,500 $7,600 $42,900
2017 $1,647 $50,500 $7,600 $42,900
2016 $1,647 $50,500 $7,600 $42,900
2015 $1,501 $50,500 $7,600 $42,900
2014 $1,500 $50,500 $7,600 $42,900
Source: Public Records

Agents Affiliated with this Home

  • Russell Griffin

    Seller's Agent in 2020

    Russell Griffin

    Keller Williams Realty

    (302) 745-1083

    2 in this area

    896 Total Sales

    Russell Griffin
    Section Image
  • Tara Quillen

    Seller Co-Listing Agent in 2020

    Tara Quillen

    Keller Williams Realty

    Section Image
  • Samuel Barksdale

    Buyer's Agent in 2020

    Samuel Barksdale

    Barksdale & Affiliates Realty

    (302) 218-6074

    7 in this area

    128 Total Sales

    Samuel Barksdale
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC501468

Bright MLS

APN: 08-055.30-218.C-0177

Delaware New Castle County Newark 19711 Eastern Newark

401 Margit Ct Unit 401, Newark, DE

Homes for Sale in Newark, DE

This home is located at 401 Margit Ct Unit 401, Newark, DE 19711 since 18 May 2020 and is currently estimated at $170,683, approximately $206 per square foot. This property was built in 1989. 401 Margit Ct Unit 401 is a home located in New Castle County with nearby schools including Wilson (Etta J.) Elementary School, Shue-Medill Middle School, and Newark High School.

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