NOT LISTED FOR SALE

46 Madison Dr Newark, DE 19711

Estimated Value: $227,000 - $239,307

3 Beds
1 Bath
1,125 Sq Ft
$208/Sq Ft Est. Value

Last Sold January 17, 2012

Last sale price $70,000 $62 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $1,252/month

11 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • Wood Flooring
  • 1 Car Direct Access Garage
  • 2-minute walk to Dickey Park

About This Home

As of January 2012

Townhouse in City of Newark. Property is in need of repairs; tons of potential. Perfect for Renovation Loan. The room in the basement is a possilbe 4th bedroom since it does have an egress; however there is no permit listed on the County website. Property is bank owned and is being sold strictly as-is with no warranties expressed or implied. Offers must have a pre-approval or proof of funds. Property has a 4 person Rental Permit; ask agent for details.

Last Agent to Sell the Property

Cathy Verne

(302) 561-0724 CVerne@PSRE.com Patterson-Schwartz-Newark Listed on: 12/08/2011

Patterson-Schwartz-Newark

Last Buyer's Agent

Chris McAleer

(302) 468-7721 cmcaleer@psre.com Patterson-Schwartz-Newark

Patterson-Schwartz-Newark

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $988

Year Built

  • Built in 1953

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 16x99

Parking

  • 1 Car Direct Access Garage
  • 1 Open Parking Space

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 1,125 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18-025.00-064

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$988

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood, Vinyl
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1125
  • Living Area Sq Ft: 1125
  • Net Sq Ft: 1125.00
  • Price Per Sq Ft: 79.11
  • Above Grade Finished Sq Ft: 1125
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: 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
  • Garage Features: Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 16X99
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Fixer
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2371836
  • Tax Annual Amount: 988.0
  • Assessor Parcel Number: 18-025.00-064
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2011
Closed on
Jan 17, 2012
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Mladenovich Milena
Seller's Agent
Cathy Verne
Patterson-Schwartz-Newark
Buyer's Agent
Chris McAleer
Patterson-Schwartz-Newark
List Price
$89,000
Sold Price
$70,000
Premium/Discount to List
-$19,000
-21.35%
Current Estimated Value
$233,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,577
Avg. Annual Appreciation
9.01%

Purchase Details

Listed on
Dec 8, 2011
Closed on
Nov 22, 2011
Sold by
Warrington Terrace and Hardy Rebecca
Bought by
Wilmington Savings Fund Society Fsb
Seller's Agent
Cathy Verne
Patterson-Schwartz-Newark
Buyer's Agent
Chris McAleer
Patterson-Schwartz-Newark
List Price
$89,000
Sold Price
$70,000
Premium/Discount to List
-$19,000
-21.35%

Purchase Details

Closed on
Jun 2, 2005
Sold by
Hardy Rebecca L
Bought by
Hardy Rebecca L and Warrington Terrace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2002
Sold by
Cowgill David J and Cowgill Linda M
Bought by
Hardy Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,175
Interest Rate
6.39%
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
Mladenovich Milena $70,000 None Available
Wilmington Savings Fund Society Fsb -- None Available
Hardy Rebecca L -- --
Hardy Rebecca L $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hardy Rebecca L $100,000
Previous Owner Hardy Rebecca L $82,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2012 01/17/12 Sold $70,000 -21.3% $62 / Sq Ft
12/19/2011 12/19/11 Pending -- -- --
12/08/2011 12/08/11 For Sale $89,000 -- $79 / 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 $385 $36,500 $5,900 $30,600
2023 $1,320 $36,500 $5,900 $30,600
2022 $1,306 $36,500 $5,900 $30,600
2021 $1,272 $36,500 $5,900 $30,600
2020 $1,236 $36,500 $5,900 $30,600
2019 $1,083 $36,500 $5,900 $30,600
2018 $1,058 $36,500 $5,900 $30,600
2017 $1,027 $36,500 $5,900 $30,600
2016 $1,024 $36,500 $5,900 $30,600
2015 $918 $36,500 $5,900 $30,600
2014 $917 $36,500 $5,900 $30,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004592476

Bright MLS

APN: 18-025.00-064