Seller's Agent in 2024
Katina Geralis
EXP Realty, LLC
(302) 383-5412
559 Total Sales
502 Michelle Ct Unit 26 Newark, DE 19711
Estimated Value: $198,000 - $216,350
1
Bed
1
Bath
--
Sq Ft
$295/mo
HOA Fee
Highlights
- Penthouse
- Forced Air Heating and Cooling System
- Wood Burning Fireplace
- Wilson (Etta J.) Elementary School Rated 9+
About This Home
As of June 2024Welcome to 502 Michelle Ct #26, a charming and spacious one-bedroom, one-bathroom condo located in the desirable Creekside community in Newark, DE. This home features an open floor plan that maximizes space and natural light, creating a welcoming atmosphere perfect for both relaxation and entertaining.As you step into the living room, you'll be greeted by soaring cathedral ceilings that enhance the sense of space, complemented by a cozy fireplace that adds warmth and ambiance. The open layout seamlessly connects the living area to the dining space, providing a versatile area for meals and gatherings.The primary bedroom is a true retreat, offering ample space and a generous walk-in closet to accommodate all your storage needs. The bathroom is conveniently located and well-appointed.Residents of Creekside enjoy the convenience of a condo fee that covers common area maintenance and upkeep of the beautifully landscaped common grounds. This means you can spend less time worrying about maintenance and more time enjoying your home and the surrounding amenities.Situated in a prime location, 502 Michelle Ct #26 is close to a variety of local amenities, including shopping centers, restaurants, parks, and recreational facilities. The vibrant downtown area of Newark is just a short drive away, offering a plethora of dining, entertainment, and cultural options. Additionally, the property provides easy access to major highways and public transportation, making commuting a breeze.Please note that this property is being sold as-is, providing a unique opportunity to personalize and update the space to your liking. Don't miss this chance to own a spacious condo in the fantastic Creekside neighborhood. Schedule a showing today and discover all that 502 Michelle Ct #26 has to offer!
Last Agent to Sell the Property
EXP Realty, LLC License #R3-0020328 Listed on: 05/15/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,087
Year Built
- Built in 1988
HOA Fees
- $295 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Penthouse
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- Property has 1 Level
- Wood Burning Fireplace
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 218.C.0026
- Assessor Parcel Number 08-055.30-218.C.0026
Community Details
Overview
- Association fees include common area maintenance, all ground fee
- Low-Rise Condominium
- Creekside Subdivision
Pet Policy
- Pets Allowed
- Pet Size Limit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 20, 2025
Sold by
T B Contractors Llc
Bought by
Chong Christine
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Outstanding Balance
$182,030
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$24,420
Purchase Details
Closed on
Jan 29, 2025
Sold by
Stearne Nathan
Bought by
T B Contractors Llc
Purchase Details
Listed on
May 15, 2024
Closed on
Jun 5, 2024
Sold by
Schneese Catherine A
Bought by
Stearne Nathan
Seller's Agent
Katina Geralis
EXP Realty, LLC
Buyer's Agent
Robyn Roberts
BHHS Fox & Roach-Christiana
List Price
$135,000
Sold Price
$140,000
Premium/Discount to List
$5,000
3.7%
Views
96
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.98%
Original Mortgage
$150,000
Interest Rate
7.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 8, 2006
Sold by
Mcallister Shirley A
Bought by
Schneese Catherine A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 16, 2004
Sold by
Hobson Byron
Bought by
Mcallister Shirley A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 16, 2002
Sold by
Eskridge Trisha M
Bought by
Hobson Byron L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chong Christine | $172,000 | None Listed On Document | |
| T B Contractors Llc | $50,500 | North American Title | |
| Stearne Nathan | -- | None Listed On Document | |
| Schneese Catherine A | $128,000 | Transnation | |
| Mcallister Shirley A | $95,000 | -- | |
| Hobson Byron L | $87,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chong Christine | $182,750 | |
| Previous Owner | Stearne Nathan | $150,000 | |
| Previous Owner | Schneese Catherine A | $96,000 | |
| Previous Owner | Schneese Catherine A | $28,400 | |
| Previous Owner | Schneese Catherine A | $102,400 | |
| Previous Owner | Schneese Catherine A | $19,200 | |
| Previous Owner | Mcallister Shirley A | $76,000 | |
| Previous Owner | Hobson Byron L | $78,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2024 06/05/24 | Sold | $140,000 | +3.7% | -- |
| 05/22/2024 05/22/24 | Pending | -- | -- | -- |
| 05/15/2024 05/15/24 | For Sale | $135,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,150 | $50,500 | $7,600 | $42,900 |
| 2023 | $2,091 | $50,500 | $7,600 | $42,900 |
| 2022 | $2,087 | $50,500 | $7,600 | $42,900 |
| 2021 | $2,043 | $50,500 | $7,600 | $42,900 |
| 2020 | $1,990 | $50,500 | $7,600 | $42,900 |
| 2019 | $1,861 | $50,500 | $7,600 | $42,900 |
| 2018 | $1,712 | $50,500 | $7,600 | $42,900 |
| 2017 | $1,651 | $50,500 | $7,600 | $42,900 |
| 2016 | $1,647 | $50,500 | $7,600 | $42,900 |
| 2015 | $1,501 | $50,500 | $7,600 | $42,900 |
| 2014 | $1,500 | $50,500 | $7,600 | $42,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Seller Co-Listing Agent in 2024
Adam Bailey
EXP Realty, LLC
(302) 377-9680
33 Total Sales
-
Buyer's Agent in 2024
Robyn Roberts
BHHS Fox & Roach
(302) 607-1622
110 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2061332
APN: 08-055.30-218.C-0026
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