NOT LISTED FOR SALE

81 Madison Dr Newark, DE 19711

Estimated Value: $188,000 - $233,041

3 Beds
1 Bath
1,125 Sq Ft
$196/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2024

Last sale price $201,000 $179 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,194 / mo

7 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of September 2024

College Park Town House now available and is full of potential. The Main level has a nice-sized Living Room, Dining Room and Kitchen. Upstairs you will find 3 Bedrooms and a Full Bath with Skylight. There are Hardwood Parquet floors throughout, except in the Kitchen. The basement is partly finished and has the laundry and an outside entrance to the driveway. There is a 1 Car Attached Garage for parking or additional storage. Close to UD, Shops, Restaurants, and Major Roadways. The house is being Sold in AS-IS Condition, any Inspections are for the Buyer's Information Only. The seller will make no repairs.

Last Agent to Sell the Property

Cathy Verne

(302) 733-7000 ccashman@psre.com Patterson-Schwartz-Newark Listed on: 08/15/2024

Patterson-Schwartz-Newark

Last Buyer's Agent

Masood Sadiq

(302) 566-7215 wesell@teamsordelet.com Real Broker, LLC License #RS-0024089

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,675

Year Built

  • Built in 1953

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Basement Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 3 Levels
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry
  • Laundry in Basement

Utilities

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

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-025.00-010

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,675

Year Built

Built in 1953

Lot Details

2,178 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Kitchen Fridge, Washer, Dryer, Window Treatments and Rods, Shed - All As-Is
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: No
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Partially Finished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1685
  • Living Area Sq Ft: 1125
  • Price Per Sq Ft: 170.67
  • Above Grade Finished Sq Ft: 1125
  • Below Grade Sq Ft: 560
  • Total Below Grade Sq Ft: 560
  • 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: Sidewalks
  • 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
  • Garage Features: Basement Garage, Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 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: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: 18RR
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 1272.00
  • Tax Annual Amount: 1675.00
  • Assessor Parcel Number: 18-025.00-010
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Sep 18, 2024
Sold by
Tsolakidis Eleni and Tsolakidis Nikolaos I
Bought by
Barakah Vi Plus Llc
Seller's Agent
Cathy Verne
Patterson-Schwartz-Newark
Buyer's Agent
Masood Sadiq
Real Broker, LLC
List Price
$192,000
Sold Price
$201,000
Premium/Discount to List
$9,000
4.69%
Views
62
Current Estimated Value
$220,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,260
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
May 13, 2011
Sold by
Scott Thomas H and Ginsberg Mark I
Bought by
Tsolakidis Eleni and Tsolakidis Nikolaos I

Purchase Details

Closed on
Sep 11, 2003
Sold by
Hudson Lloyd
Bought by
Ginsberg Mark I and Scott Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,675
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2001
Sold by
Dooley David and Dooley Brian J
Bought by
Hudson Lloyd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
6.88%
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
Barakah Vi Plus Llc $201,000 None Listed On Document
Tsolakidis Eleni $109,000 None Available
Ginsberg Mark I $92,900 --
Hudson Lloyd A $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ginsberg Mark I $69,675
Previous Owner Hudson Lloyd A $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2024 09/18/24 Sold $201,000 +4.7% $179 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/21/2024 08/21/24 Off Market $192,000 -- --
08/15/2024 08/15/24 For Sale $192,000 -- $171 / 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 -- $215,900 $75,700 $140,200
2024 $406 $38,500 $6,500 $32,000
2023 $1,392 $38,500 $6,500 $32,000
2022 $1,377 $38,500 $6,500 $32,000
2021 $1,303 $38,500 $6,500 $32,000
2020 $1,303 $38,500 $6,500 $32,000
2019 $1,143 $38,500 $6,500 $32,000
2018 $1,116 $38,500 $6,500 $32,000
2017 $1,083 $38,500 $6,500 $32,000
2016 $1,080 $38,500 $6,500 $32,000
2015 $968 $38,500 $6,500 $32,000
2014 $968 $38,500 $6,500 $32,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2066706

Bright MLS

APN: 18-025.00-010

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