NOT LISTED FOR SALE

402 Margit Ct Unit 402 Newark, DE 19711

Eastern Newark Neighborhood

Estimated Value: $167,000 - $195,000

1 Bed
1 Bath
-- Sq Ft
$300/mo HOA Fee

Last Sold December 02, 2016

Last sale price $106,000

Est. 73% increase in value since last sale

Current estimated payment $1,508/month

40 Days on Market

Highlights

  • Cathedral Ceiling
  • 1 Fireplace
  • Eat-In Kitchen
  • Wilson (Etta J.) Elementary School Rated 9+
  • 1 Car Attached Garage
  • Living Room

About This Home

As of December 2016

Nice Condo just off of Kirkwood Highway between Newark and Wilmington. Great location overlooking open space. 2nd floor End unit. This unit offers convenient and easy living. Enter into the living room/great room with high ceilings and lots of light from the large windows. This unit offers one large bedroom and a den/2nd bedroom, 1 bath, convenient kitchen and dining area. Also includes a 1 car garage. Easy and convenient living near Pike Creek and Newark. Condo amount includes: trash, snow removal and common ground maintenance. Fireplace for chilly winter nights. Under two years : hot water heater and washer and dryer.

Last Agent to Sell the Property

Sharon Lambert

Weichert Realtors Cornerstone License #RS0018005 Listed on: 09/16/2016

Weichert Realtors Cornerstone

Last Buyer's Agent

Frank DiBiaso

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,501

Year Built

  • Built in 1988

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Lot

Home Design

  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Schools

  • Wilson Elementary School
  • Shue-Medill Middle School
  • Christiana High School

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, snow removal, trash
  • Creekside Subdivision

Listing and Financial Details

  • Tax Lot 218.C.0178
  • Assessor Parcel Number 08-055.30-218.C.0178

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,501

Year Built

Built in 1988

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Remarks Public: Nice Condo just off of Kirkwood Highway between Newark and Wilmington. Great location overlooking open space. 2nd floor End unit. This unit offers convenient and easy living. Enter into the living room/great room with high ceilings and lots of light from the large windows. This unit offers one large bedroom and a den/2nd bedroom, 1 bath, convenient kitchen and dining area. Also includes a 1 car garage. Easy and convenient living near Pike Creek and Newark. Condo amount includes: trash, snow removal and common ground maintenance. Fireplace for chilly winter nights. Under two years : hot water heater and washer and dryer.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Floors In Unit Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Street Number Modifier: 402

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Roof: Pitched
  • 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
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • Elementary School: WILSON
  • Middle School: SHUE-MEDILL
  • High School: CHRISTIANA
  • School District Key: 300200396890
  • Elementary School: WILSON
  • High School: CHRISTIANA
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Improvement Assessed Value: 42900.00
  • Land Assessed Value: 7600.00
  • Lot Dimensions: 00X00
  • Lot Size Units: Square Feet
  • Zoning: NCPUD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2292238
  • Tax Annual Amount: 1501.00
  • Assessor Parcel Number: 08-055.30-218.C.0178
  • Tax Lot: 218.C.0178
  • Tax Year: 2015
  • Close Date: 12/02/2016

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Dec 2, 2016
Sold by
Gleber Marilyn F
Bought by
Hannum James R
Seller's Agent
Sharon Lambert
Weichert Realtors Cornerstone
Buyer's Agent
Frank DiBiaso
Coldwell Banker Realty
List Price
$110,000
Sold Price
$106,000
Premium/Discount to List
-$4,000
-3.64%
Total Days on Market
40
Current Estimated Value
$183,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,817
Avg. Annual Appreciation
6.80%
Original Mortgage
$95,400
Outstanding Balance
$78,487
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$106,922

Purchase Details

Closed on
Jul 16, 2015
Sold by
Gleber Marilyn F
Bought by
Gleber Marilyn F
Source: Public Records

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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
Hannum James R -- None Available
Gleber Marilyn F -- None Available
Gleber Marilyn F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hannum James R $95,400
Previous Owner Gleber Marilyn F $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $106,000 -3.6% --
10/26/2016 10/26/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $110,000 -- --
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 $2,150 $50,500 $7,600 $42,900
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 $1,990 $50,500 $7,600 $42,900
2019 $2,015 $50,500 $7,600 $42,900
2018 $1,712 $50,500 $7,600 $42,900
2017 $1,651 $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

  • Sharon Lambert

    Seller's Agent in 2016

    Sharon Lambert

    Weichert Corporate

    (302) 668-6195

    2 in this area

    15 Total Sales

    Sharon Lambert
    Section Image

  • F

    Buyer's Agent in 2016

    Frank DiBiaso

    Coldwell Banker Realty

See All Agents

Map

Source: Bright MLS

MLS Number: 1003961577

Bright MLS

APN: 08-055.30-218.C-0178

Delaware New Castle County Newark 19711 Eastern Newark

402 Margit Ct Unit 402, Newark, DE

This home is located at 402 Margit Ct Unit 402, Newark, DE 19711 since 16 September 2016 and is currently estimated at $183,817. This property was built in 1988. 402 Margit Ct Unit 402 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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