NOT LISTED FOR SALE

73 Madison Dr Newark, DE 19711

Estimated Value: $206,000 - $249,312

3 Beds
1 Bath
1,125 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $130,000 $116 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,238/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • No HOA
  • Deck
  • Attic
  • 3-minute walk to Dickey Park

About This Home

As of July 2019

Looking for Rental Income Opportunity?! Close to UofD, this 3Br town home transfers with a 4 person occupancy rental permit & with tenants IN PLACE through 5/31/2021 at $1,200/month rental income! Great turn-key rental income to the new owner! The home features a front deck & a front sunroom/porch w/ ceiling fan & HW floors. Main floor offers sizable Living Room, Dining Room, renovated Kitchen featuring 42" cabinets & granite counters w/ a half-wall Bar/Granite Counter opening from Kitchen to DR, basement w/ lots of storage area as well as laundry & utilities area and a rear exit door to access to the private 1-car garage. There is Hardwood flooring throughout both the main floor & 2nd floor living areas. 3 good sized bedrooms, a full bath with skylight & a linen closet round off the 2nd floor amenities. Street parking at front but private driveway & garage access at rear. Motivated Seller has 4 total investment properties for sale on Madison Dr - #s 73, 14, 61 & 165 Madison Dr. Buy one, two, three or all four units! 48 Hours Notice is REQUIRED for all showing requests due to tenant occupancy. Great location within walking distance to UofD, loads of shopping, dining, entertainment & public transportation!

Last Agent to Sell the Property

Team Freebery

(302) 420-8606 SOLD@TEAMFREEBERY.com EXP Realty, LLC License #R3-0017962 Listed on: 06/09/2019

EXP Realty, LLC

Last Buyer's Agent

Kanokporn Covey

(302) 290-1375 sellwithpamcovey@gmail.com Coldwell Banker Realty License #654608

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1954

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 16.00 x 100.00

Parking

  • 1 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Basement Garage
  • Alley Access
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,125 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Skylights
  • Living Room
  • Dining Room
  • Screened Porch
  • Attic

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 150 Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Tax Lot 119
  • Assessor Parcel Number 18-025.00-119

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,384

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Range Hood, Washer, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Attic, Floor Plan - Traditional, Kitchen - Galley, Skylight(s), Upgraded Countertops
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Full Bath, Screened Porch
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1125
  • Living Area Sq Ft: 1125
  • Price Per Sq Ft: 120.00
  • 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
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting
  • Spa: No
  • 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: 2
  • Parking Features: Paved Driveway
  • Garage Features: Basement Garage, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Alley, Attached Garage, Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 31600.00
  • Land Assessed Value: 5900.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: 18RR
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2371891
  • School Tax: 980.00
  • Tax Annual Amount: 1384.00
  • Assessor Parcel Number: 18-025.00-119
  • Tax Lot: 119
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2024
Sold by
Cuevas Belkis
Bought by
Jccg Rentals Llc
Current Estimated Value
$230,587

Purchase Details

Closed on
Dec 18, 2023
Sold by
Flaquer Jael Alejandro and Cuevas Belkis
Bought by
Cuevas Belkis

Purchase Details

Closed on
Sep 23, 2022
Sold by
Unknown
Bought by
Cuevas Belkis and Flaquer Jael Alejandro

Purchase Details

Listed on
Jun 9, 2019
Closed on
Jul 18, 2019
Sold by
Bergan Sarah R and Kilpatrick Sarah
Bought by
Cuevas Belkis
Seller's Agent
Team Freebery
EXP Realty, LLC
Buyer's Agent
Kanokporn Covey
Coldwell Banker Realty
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$93,750
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2009
Sold by
Erickson John O and Erickson Alberta E
Bought by
Bergan Sarah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
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
Jccg Rentals Llc -- None Listed On Document
Cuevas Belkis -- None Listed On Document
Cuevas Belkis -- --
Cuevas Belkis $130,000 First American Mortgage Sln
Bergan Sarah R $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cuevas Belkis $93,750
Previous Owner Bergan Sarah R $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2019 07/23/19 Sold $130,000 0.0% $116 / Sq Ft
06/19/2019 06/19/19 Off Market $130,000 -- --
06/18/2019 06/18/19 Pending -- -- --
06/09/2019 06/09/19 For Sale $135,000 -- $120 / 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 $396 $37,500 $5,900 $31,600
2023 $1,356 $37,500 $5,900 $31,600
2022 $1,342 $37,500 $5,900 $31,600
2021 $1,307 $37,500 $5,900 $31,600
2020 $1,270 $37,500 $5,900 $31,600
2019 $1,306 $37,500 $5,900 $31,600
2018 $5,802 $37,500 $5,900 $31,600
2017 $290 $37,500 $5,900 $31,600
2016 $1,052 $37,500 $5,900 $31,600
2015 $943 $37,500 $5,900 $31,600
2014 $943 $37,500 $5,900 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC480330

Bright MLS

APN: 18-025.00-119