NOT LISTED FOR SALE

408 Margit Ct Newark, DE 19711

Eastern Newark Neighborhood

Estimated Value: $213,000 - $239,218

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

Last Sold December 28, 2017

Last sale price $112,000

Est. 103% increase in value since last sale

Current estimated payment $1,802/month

77 Days on Market

Highlights

  • Contemporary Architecture
  • Cathedral Ceiling
  • Balcony
  • Wilson (Etta J.) Elementary School Rated 9+
  • 1 Fireplace
  • Skylights

About This Home

As of December 2017

Welcome to this bright, clean, and freshly painted 2 story contemporary condominium in desirable Creekside. This home is the largest in the community and features two master bedroom suites, each with large walk-in closets. On the first floor, we find a bright kitchen with a great layout and plenty of cabinets and counter space. There is a laundry room with stackable washer and dryer and a powder room. Entering the dining room and living room we find a well-lit open concept space with fireplace and plenty of light to illuminate the cathedral ceiling. The living room opens onto a deck. The large master bedroom on the first floor has a dressing area, full bath and large walk-in closet. As we ascend to the second floor, large windows ensure the open loft with closet, overlooking the cathedral ceilinged living room, is a bright and open space. Beyond the loft we enter the second master suite with dressing area, a full bath with separate shower and relaxing garden soaking tub and a very large walk-in closet. The unit also features a single car garage and designated street parking. Creekside is conveniently located close to shopping, the YMCA, the U of D, with an easy commute to Wilmington, Newark, or I-95.

Last Listed By

Phillip Hibbard

Empower Real Estate, LLC License #RS-0023391 Listed on: 09/29/2017

Empower Real Estate, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1988

Lot Details

  • Property is in good condition

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

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
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 218.C.0184
  • Assessor Parcel Number 08-055.30-218.C.0184

Community Details

Overview

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

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Year Built

Built in 1988

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1988
  • Remarks Public: Welcome to this bright, clean, and freshly painted 2 story contemporary condominium in desirable Creekside. This home is the largest in the community and features two master bedroom suites, each with large walk-in closets. On the first floor, we find a bright kitchen with a great layout and plenty of cabinets and counter space. There is a laundry room with stackable washer and dryer and a powder room. Entering the dining room and living room we find a well-lit open concept space with fireplace and plenty of light to illuminate the cathedral ceiling. The living room opens onto a deck. The large master bedroom on the first floor has a dressing area, full bath and large walk-in closet. As we ascend to the second floor, large windows ensure the open loft with closet, overlooking the cathedral ceilinged living room, is a bright and open space. Beyond the loft we enter the second master suite with dressing area, a full bath with separate shower and relaxing garden soaking tub and a very large walk-in closet. The unit also features a single car garage and designated street parking. Creekside is conveniently located close to shopping, the YMCA, the U of D, with an easy commute to Wilmington, Newark, or I-95.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Skylight(s), Ceiling Fan(s), Sprinkler System
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Foundation Details: Slab
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Street Number Modifier: 408

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Exterior Features: Street Lights, Exterior Lighting
  • Roof: Pitched, 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
  • Open Parking Spaces Count: 1
  • Parking Features: Street
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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 Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn 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: 55200.00
  • Land Assessed Value: 9800.00
  • Lot Dimensions: 00X00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es), Balcony
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: NCPUD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2292244
  • Tax Annual Amount: 2120.00
  • Assessor Parcel Number: 08-055.30-218.C.0184
  • Tax Lot: 218.C.0184
  • Tax Year: 2016
  • Close Date: 12/28/2017

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
Cardia Jan
Bought by
Caperino Alyssa N
Total Days on Market
77
Current Estimated Value
$227,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,816
Outstanding Balance
$5,281
Interest Rate
2.81%
Mortgage Type
New Conventional
Estimated Equity
$221,792

Purchase Details

Listed on
Sep 29, 2017
Closed on
Dec 27, 2017
Sold by
Pennington Jeanine M and Dunham Paul G
Bought by
Cardia Jan
Seller's Agent
Phillip Hibbard
Empower Real Estate, LLC
Buyer's Agent
Peter Meyer
Meyer & Meyer Realty
List Price
$135,000
Sold Price
$112,000
Premium/Discount to List
-$23,000
-17.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%

Purchase Details

Closed on
Jun 24, 2014
Sold by
Dunham John F
Bought by
Dunham John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,900
Interest Rate
4.1%
Mortgage Type
New Conventional

Range of Values:

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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
Caperino Alyssa N -- None Available
Cardia Jan -- None Available
Dunham John F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caperino Alyssa N $5,816
Closed Caperino Alyssa N $5,816
Open Caperino Alyssa N $145,403
Previous Owner Dunham John F $57,900
Previous Owner Dunham John F $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $112,000 -13.8% --
12/15/2017 12/15/17 Pending -- -- --
11/03/2017 11/03/17 Price Changed $129,900 -3.8% --
09/29/2017 09/29/17 For Sale $135,000 -- --
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 $2,768 $65,000 $9,800 $55,200
2023 $2,692 $65,000 $9,800 $55,200
2022 $2,686 $65,000 $9,800 $55,200
2021 $2,629 $65,000 $9,800 $55,200
2020 $2,561 $65,000 $9,800 $55,200
2019 $2,644 $65,000 $9,800 $55,200
2018 $57 $65,000 $9,800 $55,200
2017 $1,620 $65,000 $9,800 $55,200
2016 $1,620 $65,000 $9,800 $55,200
2015 $1,431 $65,000 $9,800 $55,200
2014 $1,431 $65,000 $9,800 $55,200
Source: Public Records

Agents Affiliated with this Home

  • Phillip Hibbard

    Seller's Agent in 2017

    Phillip Hibbard

    Empower Real Estate, LLC

    (302) 593-3365

    2 in this area

    41 Total Sales

    Phillip Hibbard
    Section Image
  • Peter Meyer

    Buyer's Agent in 2017

    Peter Meyer

    Meyer & Meyer Realty

    (302) 218-2790

    1 in this area

    149 Total Sales

    Peter Meyer
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001203079

Bright MLS

APN: 08-055.30-218.C-0184

Delaware New Castle County Newark 19711 Eastern Newark

408 Margit Ct, Newark, DE

Homes for Sale in Newark, DE

This home is located at 408 Margit Ct, Newark, DE 19711 since 29 September 2017 and is currently estimated at $227,073. This property was built in 1988. 408 Margit Ct 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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