NOT LISTED FOR SALE

41 Madison Dr Newark, DE 19711

Estimated Value: $191,000 - $261,000

4 Beds
2 Baths
1,250 Sq Ft
$188/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $145,000 $116 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,260/month

201 Days on Market

Highlights

  • Colonial Architecture
  • Skylights
  • Forced Air Heating System
  • No HOA
  • More Than Two Accessible Exits
  • Front Yard

About This Home

As of April 2022

Attention investors and landlords! Back on the market at no fault to the seller. Home Inspection & appraisal repairs are completed. This rental opportunity is great for any investor who is looking for a rental with solid tenants. Home is within easy walking distance to the University of Delaware and off-street parking to the rear of the unit. The main level features a large living room with separate dining room, and full size bathroom. The home has natural hardwood floors throughout on the main and upper level. The upstairs area features three bedrooms and a full bathroom. The lower level has an extra bedroom and extra storage space with laundry. The rear area of the basement allows you to walk-out to the parking area. Property currently rents for $1275 per month.

Last Agent to Sell the Property

Tremaine Johnson

(302) 650-9874 mrtremainejohnson@gmail.com BHHS Fox & Roach-Concord License #RS-0022741 Listed on: 08/06/2021

BHHS Fox & Roach-Concord

Co-Listed By

VAIDRA JOHNSON

(336) 577-3810 vaidra001@gmail.com BHHS Fox & Roach-Concord

Last Buyer's Agent

Tremaine Johnson

(302) 650-9874 mrtremainejohnson@gmail.com BHHS Fox & Roach-Concord License #RS-0022741 Listed on: 08/06/2021

BHHS Fox & Roach-Concord

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,563

Year Built

  • Built in 1956

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 16.00 x 113.10
  • Front Yard

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 2 Levels
  • Skylights
  • Partially Finished Basement
  • Laundry in Basement

Kitchen

  • Built-In Range
  • Stove

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Paved Parking
  • Unassigned Parking

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 18-025.00-103

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,563

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-08-06
  • Year Built: 1956
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Refrigerator, Stove, Washer, Dryer
  • Interior Amenities: Skylight(s)
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1250
  • Living Area Sq Ft: 1250
  • Price Per Sq Ft: 136.04
  • Above Grade Finished Sq Ft: 1110
  • Below Grade Finished Sq Ft: 140
  • Total Below Grade Sq Ft: 140
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking, Unassigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 30800.00
  • Land Assessed Value: 5900.00
  • Lot Features: Front Yard
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 113.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Lease Considered: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2371875
  • School Tax: 1179.00
  • Tax Annual Amount: 1563.00
  • Assessor Parcel Number: 18-025.00-103
  • Tax Lot: 103
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2015
Closed on
Sep 8, 2015
Sold by
Sciamenna Domenic and Sciamenna Bridget C
Bought by
Bernard Carl Daniel
Seller's Agent
Hermetta Harper
Patterson-Schwartz-Hockessin
Buyer's Agent
Tremaine Johnson
BHHS Fox & Roach-Concord
List Price
$129,000
Sold Price
$120,000
Premium/Discount to List
-$9,000
-6.98%
Current Estimated Value
$235,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,112
Avg. Annual Appreciation
6.73%
Original Mortgage
$8,000
Outstanding Balance
$6,296
Interest Rate
3.97%
Mortgage Type
Stand Alone Second
Estimated Equity
$228,816

Purchase Details

Closed on
Jun 30, 2006
Sold by
Antione Rendal C and Antoine Darlene E
Bought by
Sciamenna Domenic and Sciamenna Bridget C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,600
Interest Rate
6.71%
Mortgage Type
Stand Alone Second
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
Bernard Carl Daniel $120,000 None Available
Sciamenna Domenic $128,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernard Carl Daniel $8,000
Open Bernard Carl Daniel $117,826
Previous Owner Sciamenna Domenic $25,600
Previous Owner Sciamenna Domenic $102,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2022 04/08/22 Sold $145,000 -4.0% $116 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $151,000 +4.1% $121 / Sq Ft
02/03/2022 02/03/22 Off Market $145,000 -- --
01/28/2022 01/28/22 Price Changed $151,000 -2.6% $121 / Sq Ft
09/30/2021 09/30/21 Price Changed $155,000 -3.1% $124 / Sq Ft
08/06/2021 08/06/21 For Sale $160,000 +33.3% $128 / Sq Ft
09/08/2015 09/08/15 Sold $120,000 -7.7% $96 / Sq Ft View Prior Sale
06/29/2015 06/29/15 Pending -- -- --
06/22/2015 06/22/15 Price Changed $130,000 +0.8% $104 / Sq Ft
05/13/2015 05/13/15 For Sale $129,000 -- $103 / 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 $387 $36,700 $5,900 $30,800
2023 $1,327 $36,700 $5,900 $30,800
2022 $1,313 $36,700 $5,900 $30,800
2021 $1,279 $36,700 $5,900 $30,800
2020 $1,242 $36,700 $5,900 $30,800
2019 $1,089 $36,700 $5,900 $30,800
2018 $5,678 $36,700 $5,900 $30,800
2017 $284 $36,700 $5,900 $30,800
2016 $107 $36,700 $5,900 $30,800
2015 $923 $36,700 $5,900 $30,800
2014 $922 $36,700 $5,900 $30,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2003452

Bright MLS

APN: 18-025.00-103