NOT LISTED FOR SALE

50 Madison Dr Newark, DE 19711

Estimated Value: $212,000 - $248,017

3 Beds
1 Bath
1,400 Sq Ft
$168/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2017

Last sale price $130,000 $93 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,406 / mo

5 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • 2-minute walk to Dickey Park

About This Home

As of June 2017

Bright and shiny as a new penny, this townhome at 50 Madison Drive is ready to be yours today. Fresh from top to bottom, this 3 bedroom home offers plenty of room to spread out. With lots of appeal for first time buyers to shrewd investors, be sure to come visit soon. On the first floor is a huge open living room/dining room, as well as a kitchen with lots of storage space. Upstairs, 3 comfortable and sunny bedrooms with a beautiful new bathroom. And downstairs is a bonus room with egress window that would make a great office or additional bedroom, plus a full sized garage and utility room. And playground and park are just a few yards away. Also, 50 Madison Drive has a 4 person City of Newark rental permit making it a great turn-key rental property for a keen investor.

Last Agent to Sell the Property

Theodore Fugee

(302) 239-3000 ssedita@psre.com Patterson-Schwartz-Hockessin License #R3-0013801 Listed on: 05/09/2017

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Ann Stafford-Humbertson

(302) 995-1200 cbsoldsisters@gmail.com Coldwell Banker Rowley Realtors License #RA-0020844

Coldwell Banker Rowley Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1954

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 16x100
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Aluminum Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Laundry on lower level

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Utilities

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

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-025.00-062

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,482

Year Built

Built in 1954

Lot Details

1,742 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1954
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Net Sq Ft: 1400.00
  • Price Per Sq Ft: 92.50
  • Above Grade Finished Sq Ft: 1400
  • 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: Aluminum Siding, Brick
  • Access To Pool: No
  • Exterior Features: Sidewalks
  • Roof: Flat, 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
  • Open Parking Spaces Count: 1
  • 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
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Zoning: 18RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2371834
  • Tax Annual Amount: 1482.00
  • Assessor Parcel Number: 18-025.00-062
  • Tax Year: 2016

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
Jun 27, 2017
Sold by
Singh Sukhjinder
Bought by
Holcomb Walter O and Odonnell Tiffany M
Seller's Agent
Theodore Fugee
Patterson-Schwartz-Hockessin
Buyer's Agent
Ann Stafford-Humbertson
Coldwell Banker Rowley Realtors
List Price
$129,500
Sold Price
$130,000
Premium/Discount to List
$500
0.39%
Current Estimated Value
$235,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,504
Avg. Annual Appreciation
6.93%
Original Mortgage
$8,000
Outstanding Balance
$6,542
Interest Rate
3.94%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$228,962

Purchase Details

Listed on
Mar 17, 2015
Closed on
May 21, 2015
Bought by
Singh Sukhjinder
Seller's Agent
Daniel Logan
Patterson-Schwartz-Hockessin
Buyer's Agent
Theodore Fugee
Patterson-Schwartz-Hockessin
List Price
$50,000
Sold Price
$53,000
Premium/Discount to List
$3,000
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.30%

Purchase Details

Closed on
Feb 6, 2015
Sold by
Dull Joni E and Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 30, 2005
Sold by
Shi Guoen
Bought by
Dull Joni E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 10, 2004
Sold by
Shi Guoen and Li Zhe
Bought by
Shi Guoen

Purchase Details

Closed on
Jun 30, 2003
Sold by
Wetlaufer Donald B and Wetlaufer Lucille D
Bought by
Shi Guoen and Li Zhe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,725
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Holcomb Walter O $130,000 None Available
Singh Sukhjinder -- --
Federal National Mortgage Association $90,000 None Available
Dull Joni E $130,000 --
Shi Guoen -- --
Shi Guoen -- --
Shi Guoen $86,300 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Holcomb Walter O $8,000
Open Holcomb Walter O $127,645
Previous Owner Dull Joni E $130,000
Previous Owner Shi Guoen $64,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2017 06/27/17 Sold $130,000 +0.4% $93 / Sq Ft
05/14/2017 05/14/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $129,500 +144.3% $93 / Sq Ft
05/21/2015 05/21/15 Sold $53,000 0.0% $47 / Sq Ft View Prior Sale
04/21/2015 04/21/15 Pending -- -- --
04/20/2015 04/20/15 Off Market $53,000 -- --
03/17/2015 03/17/15 For Sale $50,000 -- $44 / Sq Ft
Source: Bright MLS

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
2025 $1,802 $257,500 $75,700 $181,800
2024 $437 $41,400 $5,900 $35,500
2023 $1,497 $41,400 $5,900 $35,500
2022 $1,481 $41,400 $5,900 $35,500
2021 $1,443 $41,400 $5,900 $35,500
2020 $1,402 $41,400 $5,900 $35,500
2019 $1,229 $41,400 $5,900 $35,500
2018 $1,200 $41,400 $5,900 $35,500
2017 $1,165 $41,400 $5,900 $35,500
2016 $1,173 $41,400 $5,900 $35,500
2015 $1,041 $41,400 $5,900 $35,500
2014 -- $41,400 $5,900 $35,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000064798

Bright MLS

APN: 18-025.00-062

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