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224 Madison Avenue

224 Madison Avenue, Harrington, DE 19952
Property in Kent
Sold Mar 22, 2023
$7,975,000
$151,000 by Bank Of America Na
Mortgage Due Jun 01, 2030
224 Madison Avenue in Harrington, DE was first built in 2007 and is 17 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 224 Madison Avenue has 1,176 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 988 ft and the linear feet between the front and back of the lot is 1,003. In total, the area measurement of the land is 10,454 square feet.

Learn more about the property and building on this page. There is a porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 224 Madison Avenue sold most recently in Mar 20, 2023 for a total of $7,975,000. If you work out the math, that's approximately a cost of $6,781.46 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $802 in taxes each year. 224 Madison Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,800. If we break it down further, the land itself was valued at $5,300. Improvements to the property, however, were assessed at a total of $27,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,003
  • Lot Size Frontage Feet: 988
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,176
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SCHOOLVIEW SUBDIVISION
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SCHOOLVIEW SUBD., LOT #3-B 224 MADISON AVENUE

Ownership

  • Current Owner : MCGUIRE MARY E
  • Current Owner 2: MCGUIRE DONNA A
  • Previous Owner : WIX JILL R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Forest School District
  • School Tax School District: 22
  • School Tax District Code 2: 50
  • School Tax District Code 3: 50
  • Census Tract: 043000

Zoning

  • Zoning: NA

Geography

  • Assessors Map Reference: MB 95 PG 65
  • Account Number: 68717
  • District: 09
  • Parcel: 6-09-170.19-01-23.00-000
  • Lot: 3-B
  • Municipality: HARRINGTON
  • Latitude: 38.925
  • Longitude: -75.5853

    Address

  • Full Address: 224 Madison Ave
  • Address - House Number: 224
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: DE
  • City Name: Harrington
  • Carrier Code: C001
  • 4-Digit Zip Code: 1086
  • Zip Code: 19952

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $802

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 71
  • Final Value: 251,684
  • High Value: 304,359
  • Low Value: 199,010

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $183,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 26, 2020
  • First Open Lien Mortgage Loan Amount: $151,000
  • First Open Lien Mortgage Term: 117
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2030
  • Second Open Lien Mortgage Lender: DELAWARE STATE POLICE FEDERAL
  • Second Open Lien Mortgage Recording Date: Oct 10, 2022
  • Second Open Lien Mortgage Loan Amount: $32,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,800
  • Assessed Land Value: $5,300
  • Assessed Improvements Value: $27,500

    Sales

  • Current Sale Contract Date: Mar 20, 2023
  • Current Sale Recording Date: Mar 22, 2023
  • Current Sale Transaction ID: 11904074966
  • Current Sale Price: $7,975,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 470938

About Harrington



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 224 Madison Avenue located in?
The 224 Madison Avenue is a located in the neighborhood of Kent in Harrington, Harrington.
What is the average sales price for listings in 224 Madison Avenue?
The average sales price for units in 224 Madison Avenue is $0 currently.

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