6 months on rocket

41 Madison Dr, Newark, DE, 19711

$189,000

Home List Price

$2,244*

Closing Credit

3 Bedrooms
2 Full Baths
1,390 SqFt
$136/SqFt
Townhouse
Schools Nearby

Location

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41 Madison Dr, Newark$189,000

Buyer Closing Credits

$2,244*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1954
HeatingForced Air
CoolingWindow Unit(s)
BasementYes
MLS #DENC2051866
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 41 Madison Dr

"Update" Final showing of home will be November 5th between 12 noon and 5pm." The home will not be able to be seen at any other time time unfortunately. Offers will be reviewed and accepted or withdrawn. Thank you. Welcome to Downtown Newark in College Park. This solid 4 Bedroom 2 bath brick townhome is within walking distance to University of Delaware. This is one of the only properties you will find in the downtown area for under $200,000. The City of Newark has beautiful Dickey Park across the street that has a playground, inground city-maintained swimming pool, garden beds and many other great features. This beautiful 3 story town- home is just over 1200 square foot and has hardwood floors on the first and 2nd level. The lower level has the oil furnace, water heater and washer/dryer area. Changing the oil furnace for an efficient heat pump HVAC system would give the house central air/heat. Current tenants in place and rent is $1325. Lease end date may 2024. Dont miss out as these homes sell very fast

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1954
  • Stories: 2
  • Living Area: 1,390 SqFt

Listing Office:

  • Office Name: HomeZu
  • Office Phone: (855) 885-4663
  • Listing Agent: Christopher J Carr

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Newark High School, Public District Grades 9-12
  • Shue-Medill Middle School, Public District Grades 6-8
  • Downes (John R.) Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Lincoln Dr to Madison Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,000
  • Price Per SqFt: $136/SqFt

Tax Information:

  • Annual Amount: $1,279
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newark, DE.

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Newark, DE

City

Med. Sold Price

$345K

Med. Price/SqFt

$194

Avg. Days On Market

14

# of Sold Homes

59

41 Madison Dr vs Newark

180 DAYS ON ROCKET

+166 Days

$189,000

-$156K Less

$136/SqFt

-$59 Less

KEY TAKEAWAY

This property is $156K less than the Median Sold Price and $59/SqFt less than other homes in Newark, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DENC2051866

Listing Office:

  • Office Name: HomeZu
  • Office Phone: (855) 885-4663
  • Listing Agent: Christopher J Carr

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 4:20:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 09, 2015Home Sold
$120,000
Jul 13, 2006Home Sold
$128,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,279$36,700
2020$1,242$36,700
2019$1,063$36,700
2018$1,032$36,700
2017$107$36,700

History based on county public records data.

Payment Calculator

$1,011

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$633

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2384840
6
/10

  • Downes (John R.) Elementary School

  • 220 Casho Mill Rd

  • 0.75 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2384841
2
/10

  • Shue-Medill Middle School

  • 1500 Capitol Trl

  • 3.63 miles

  • Public District Grades 6-8

High School

school-card-donut-2384842
3
/10

  • Newark High School

  • 750 E Delaware Ave

  • 1.54 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,597. Most Newark, DE residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 41 Madison Dr

What is the listing price of this property?

The listing price of 41 Madison Dr property is $189,000.

What type of property is this?

The property 41 Madison Dr is a townhouse located in Newark, Delaware, 19711.

Is this property for sale now?

Active Listing: 41 Madison Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 41 Madison Dr are:
Downes (John R.) Elementary School: GreatSchools Rating 6/10
Shue-Medill Middle School: GreatSchools Rating 2/10
Newark High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,279 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 9, 2015 for $120,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 41 Madison Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 41 Madison Dr is 1,390 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 41 Madison Dr is 1954.

Rocket Homes›Delaware›New Castle County›Newark›19711›41 Madison Dr

This home is located at 41 Madison Dr in Newark, DE and zip code 19711 in the College Park neighborhood. This 1,390 square foot home, which was built in 1954, sits on a 0.04 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 31, 2023 and is currently priced at $189,000.

In March 2024 more than 27 listings in Newark, DE were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 16 were sold below. In March 2024 in Newark, DE there were 1.1% more homes for sale than in February 2024. In March 2024 median list price was $345,022 and the average listing age was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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