NOT LISTED FOR SALE

106 Waters Edge Dr Newark, DE 19702

3 Beds
2 Baths
-- Sq Ft
$299/mo HOA Fee

Last Sold April 22, 2024

Last sale price $236,000

7 Days on Market

Highlights

  • 12 Feet of Waterfront
  • Community Pool
  • Central Air
  • Water Oriented
  • Galley Kitchen
  • Combination Dining and Living Room

About This Home

As of April 2024

Introducing 106 Waters Edge Dr in Newark, DE! This stylish condo boasts 3 bedrooms and 2.0 bathrooms across 2 levels. Recently renovated with fresh paint, new LVP flooring, and updated carpet, this property is ready for you to make it your own. Step inside to find a spacious living area with a ceiling fan, a combined dining and living room, and galley kitchen. The community offers a clubhouse and pool, with the deck providing stunning views of the water, clubhouse, and pool. For added safety, the condo features a sprinkler system. Enjoy easy access to the community pool for relaxing moments just steps from your front door. Conveniently situated near major highways and shopping centers, this property offers a lifestyle of ease and accessibility. Waters Edge community is also near the U of D. Investors will appreciate the earning potential as similar 3-bedroom units in the area rent for up to $1700 per month. With a new water heater installed in January 2021 and a fresh AC unit in May 2022, this home presents a great opportunity for both investors and first-time homebuyers. The monthly condo fee is $299, with a one-time Buyer Capital Contribution of $398 (2x Monthly Condo Fee). Currently, there are no upcoming special assessments. 2-10 Home Warranty Included w/ purchase. Don't let this fantastic opportunity pass you by - schedule your showing at 106 Waters Edge Dr today!

Last Agent to Sell the Property

Michael Maloney

(302) 353-9364 mmaloney@psre.com Patterson-Schwartz-Newark Listed on: 03/22/2024

Patterson-Schwartz-Newark

Last Buyer's Agent

Michelle Rawley

(302) 233-5459 meesharawleyre@gmail.com Bryan Realty Group License #RS0026142

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1991

Lot Details

  • 12 Feet of Waterfront
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Galley Kitchen
  • Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Outdoor Features

  • Water Oriented
  • Property is near a pond

Schools

  • Brader Elementary School
  • Gauger-Cobbs Middle School
  • Glasgow High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 11-017.00-048.C.0007

Community Details

Overview

  • $398 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, exterior building maintenance, management, pier/dock maintenance, trash
  • Low-Rise Condominium
  • Waters Edge Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,851

Year Built

Built in 1991

Lot Details

0

HOA Fees

$299 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven - Single, Range Hood, Refrigerator, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Kitchen - Galley, Sprinkler System
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Primary Bathroom
  • Basement: No
  • Laundry Type: Hookup
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 12

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 299.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Management, Pier/Dock Maintenance, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 398.00

Schools

  • School District Source: Listing Agent
  • Elementary School: BRADER
  • High School: GLASGOW
  • Middle Or Junior School: GAUGER-COBBS

Lot Info

  • Land Lease: No
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: NCAP-UDC
  • Zoning Description: Apartments
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1851.00
  • Assessor Parcel Number: 11-017.00-048.C.0007
  • Tax Year: 2023

MLS Schools

  • School District Name: CHRISTINA

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold $236,000 +1.1% --
03/29/2024 03/29/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $233,500 0.0% --
11/30/2017 11/30/17 Rented $1,200 0.0% --
11/15/2017 11/15/17 Under Contract -- -- --
10/19/2017 10/19/17 For Rent $1,200 0.0% --
05/21/2015 05/21/15 Rented $1,200 -4.0% --
05/19/2015 05/19/15 Under Contract -- -- --
04/14/2015 04/14/15 For Rent $1,250 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Maloney

    Seller's Agent in 2024

    Michael Maloney

    Patterson Schwartz

    (302) 353-9364

    3 in this area

    10 Total Sales

    Michael Maloney
    Section Image
  • Michelle Rawley

    Buyer's Agent in 2024

    Michelle Rawley

    Bryan Realty Group

    (302) 233-5459

    1 in this area

    84 Total Sales

    Michelle Rawley
    Section Image

  • M

    Buyer's Agent in 2017

    Mike Taylor

    Patterson Schwartz

  • A

    Buyer's Agent in 2015

    Alicia Fox

    Compass

    (302) 419-5477

    11 Total Sales

    Alicia Fox
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2058306

Bright MLS

APN: 11-017.00-048-C0007

Delaware New Castle County Newark 19702

106 Waters Edge Dr, Newark, DE

Not Listed for Sale

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