87 Madison Dr Newark, DE 19711
Estimated Value: $205,000 - $250,319
3
Beds
1
Bath
1,120
Sq Ft
$202/Sq Ft
Est. Value
About This Home
This home is located at 87 Madison Dr, Newark, DE 19711 and is currently estimated at $226,580, approximately $202 per square foot. 87 Madison Dr is a home located in New Castle County with nearby schools including Downes (John R.) Elementary School, Shue-Medill Middle School, and Newark High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 17, 2006
Sold by
Vanhorn Terry and Vanhorn Van Horn
Bought by
Henson John L and Collins Kelli V
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
$139,900
Outstanding Balance
$83,309
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$143,271
Purchase Details
Closed on
Apr 30, 2003
Sold by
Hannum James B
Bought by
Vanhorn Terry and Vanhorn Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 31, 2001
Sold by
Ross Stephen L
Bought by
Hannum James B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,250
Interest Rate
7.14%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Henson John L | $139,900 | None Available | |
| Vanhorn Terry | $86,000 | -- | |
| Hannum James B | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Henson John L | $139,900 | |
| Previous Owner | Vanhorn Terry | $106,000 | |
| Previous Owner | Hannum James B | $79,250 |
Source: Public Records
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 | $404 | $38,300 | $7,300 | $31,000 |
| 2023 | $1,385 | $38,300 | $7,300 | $31,000 |
| 2022 | $1,370 | $38,300 | $7,300 | $31,000 |
| 2021 | $1,335 | $38,300 | $7,300 | $31,000 |
| 2020 | $1,297 | $38,300 | $7,300 | $31,000 |
| 2019 | $1,137 | $38,300 | $7,300 | $31,000 |
| 2018 | $1,110 | $38,300 | $7,300 | $31,000 |
| 2017 | $1,077 | $38,300 | $7,300 | $31,000 |
| 2016 | $1,074 | $38,300 | $7,300 | $31,000 |
| 2015 | $963 | $38,300 | $7,300 | $31,000 |
| 2014 | $963 | $38,300 | $7,300 | $31,000 |
Source: Public Records
Map
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