NOT LISTED FOR SALE

44 Madison Dr Newark, DE 19711

Estimated Value: $233,000 - $253,387

4 Beds
2 Baths
1,405 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 20, 2022

Last sale price $185,000 $132 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,294/month

4 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Soaking Tub
  • Wood Flooring
  • Eat-In Kitchen
  • 2-minute walk to Dickey Park

About This Home

As of June 2022

Received multiple offers. Offer deadline is 6/1/2022 by 5pm.
Welcome to this charming townhouse within walking/biking distance of the UD campus, Main Street stores and restaurants. A large living room space connecting the kitchen, hard wood floor and fresh paint throughout gives this home a neat and inviting touch. It has 3 bedrooms and 1 updated full bathroom upstairs. The 4th bedroom is on the lower level. From the 4th bedroom you can walk out directly to the parking space behind the building. There is another full bathroom and laundry on the lower level. All brick construction with parks and playgrounds nearby. The concrete steps at the front door are being replaced before it's active. This home is ready for a new owner or an investor as it has 4 rental permits. Mark the date on your calendar to check it out!

Last Agent to Sell the Property

Jenny Sabol

(302) 221-7232 Jenny.sabol@foxroach.com EMORY HILL REAL ESTATE SERVICES INC. License #RS355635 Listed on: 05/27/2022

EMORY HILL REAL ESTATE SERVICES INC.

Last Buyer's Agent

Matthew Smith

(302) 463-6489 mattr.smith@outlook.com Keller Williams Main Line

Keller Williams Main Line

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,353

Year Built

  • Built in 1962

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Association fees include unknown fee
  • College Park Subdivision

Listing and Financial Details

  • Tax Lot 066
  • Assessor Parcel Number 18-025.00-065

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,353

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Washer & dryer, Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-05-27
  • Federal Flood Zone: No
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, Dryer, Oven/Range - Electric
  • Flooring Type: Wood
  • Interior Amenities: Dining Area, Floor Plan - Open, Kitchen - Eat-In, Soaking Tub, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1405
  • Living Area Sq Ft: 1405
  • Price Per Sq Ft: 155.56
  • Above Grade Finished Sq Ft: 1125
  • Below Grade Finished Sq Ft: 280
  • Total Below Grade Sq Ft: 280
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Unknown Fee
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Improvement Assessed Value: 32600.00
  • Land Assessed Value: 7300.00
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Zoning: RR
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2371837
  • Tax Annual Amount: 1353.00
  • Assessor Parcel Number: 18-025.00-065
  • Tax Lot: 066
  • Tax Year: 2021

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2002
Sold by
Anderson Earle F
Bought by
Frank Walter Lee and Li Ge
Current Estimated Value
$241,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Outstanding Balance
$31,121
Interest Rate
6.88%
Estimated Equity
$210,226
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frank Walter Lee $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Walter Lee $74,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Sold $185,000 +5.7% $132 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $175,000 -- $125 / 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 $409 $38,800 $7,300 $31,500
2023 $1,403 $38,800 $7,300 $31,500
2022 $1,388 $38,800 $7,300 $31,500
2021 $1,353 $38,800 $7,300 $31,500
2020 $1,314 $38,800 $7,300 $31,500
2019 $1,351 $38,800 $7,300 $31,500
2018 $6,004 $38,800 $7,300 $31,500
2017 $300 $38,800 $7,300 $31,500
2016 -- $38,800 $7,300 $31,500
2015 -- $38,800 $7,300 $31,500
2014 -- $38,800 $7,300 $31,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2023120

Bright MLS

APN: 18-025.00-065