NOT LISTED FOR SALE

1205 Waters Edge Dr Unit 5 Newark, DE 19702

Glasgow Neighborhood

Estimated Value: $193,000 - $225,856

2 Beds
2 Baths
980 Sq Ft
1993 Built

Last Sold January 10, 2020

Last sale price $139,000 $142 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,289/month

29 Days on Market

Highlights

  • Water Oriented
  • No HOA
  • Porch
  • Transitional Architecture
  • Community Pool
  • Living Room

About This Home

As of January 2020

WOW! See for yourself this gorgeous, updated 2 Bedroom condo with 2 full bathrooms in the popular Waters Edge Community! This move-in ready home features completely remodeled kitchen and bathrooms and ample living space. Step into an open floor plan featuring hardwood floors in dining room, living room, and hallway. Walk through the front door on the left is the full-size dining room with Breakfast bar area overlooking the kitchen, featured with stainless steel appliances. The kitchen is a cook's dream featuring a four-burner stainless steel gas stove, stainless refrigerator,stainless steel dishwasher and tiled backsplash, updated countertops, tiled floor, and new cabinets that are soft close. On the right is a spacious living room with a wood-burning fireplace, and access to a peaceful balcony. The hall bath has been tastefully updated with a full shower/tub, vanity, mirror and tile floor. A second bedroom across the hall is bright and cheery with nice windows, and a double-wide closet. The large master bedroom, that has tons of closet space, offers an ensuite bath, also updated with a stand up shower, new vanity and tile floor. The Waters Edge community boasts tons of amenities including beautiful water views throughout, a large outdoor pool sitting over the water, a clubhouse with exercise room, walking paths, trash removal, outdoor maintenance, and two parking spaces. The complex is within walking distance of a grocery store and some fantastic restaurants. Right off 896, you're just minutes away from I-95 access, and short drive to main street Newark or Route 40 shopping. Stylish, carefree living! Schedule your tour today!

Last Agent to Sell the Property

Peggy Sheehan

Patterson-Schwartz-Middletown License #RS-0020080 Listed on: 11/11/2019

Patterson-Schwartz-Middletown

Last Buyer's Agent

Deborah Phipps

Empower Real Estate, LLC License #RS-0010031

Empower Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1993

Lot Details

  • No Units Located Below

Home Design

  • Transitional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 980 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Porch

Schools

  • Gauger-Cobbs Middle School
  • Glasgow High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1101700048C0146

Community Details

Overview

  • No Home Owners Association
  • $270 Recreation Fee
  • Association fees include cable TV, common area maintenance, lawn maintenance, management, pier/dock maintenance, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Waters Edge Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,253

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: All kitchen appliances, to include counter microwave, "Washer/Dryer in As Is Condition"
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1993
  • Remarks Public: WOW! See for yourself this gorgeous, updated 2 Bedroom condo with 2 full bathrooms in the popular Waters Edge Community! This move-in ready home features completely remodeled kitchen and bathrooms and ample living space. Step into an open floor plan featuring hardwood floors in dining room, living room, and hallway. Walk through the front door on the left is the full-size dining room with Breakfast bar area overlooking the kitchen, featured with stainless steel appliances. The kitchen is a cook's dream featuring a four-burner stainless steel gas stove, stainless refrigerator,stainless steel dishwasher and tiled backsplash, updated countertops, tiled floor, and new cabinets that are soft close. On the right is a spacious living room with a wood-burning fireplace, and access to a peaceful balcony. The hall bath has been tastefully updated with a full shower/tub, vanity, mirror and tile floor. A second bedroom across the hall is bright and cheery with nice windows, and a double-wide closet. The large master bedroom, that has tons of closet space, offers an ensuite bath, also updated with a stand up shower, new vanity and tile floor. The Waters Edge community boasts tons of amenities including beautiful water views throughout, a large outdoor pool sitting over the water, a clubhouse with exercise room, walking paths, trash removal, outdoor maintenance, and two parking spaces. The complex is within walking distance of a grocery store and some fantastic restaurants. Right off 896, you're just minutes away from I-95 access, and short drive to main street Newark or Route 40 shopping. Stylish, carefree living! Schedule your tour today!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Flooring Type: Laminated
  • Common Walls: No One Below
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 980
  • Living Area Sq Ft: 980
  • Price Per Sq Ft: 152.04
  • Above Grade Finished Sq Ft: 980
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1205

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 270.00
  • Association Recreation Fee: Yes

Schools

  • School District: CHRISTINA
  • Middle School: GAUGER-COBBS
  • High School: GLASGOW
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • High School: GLASGOW
  • Middle Or Junior School: GAUGER-COBBS

Lot Info

  • Horses: No
  • Land Lease: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es)
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 2338611
  • Tax Annual Amount: 1253.00
  • Assessor Parcel Number: 1101700048C0146
  • Tax Year: 2019
  • Close Date: 01/10/2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Jan 10, 2020
Sold by
Sutch Emory Gary
Bought by
Russell Bernadette
Seller's Agent
Peggy Sheehan
Patterson-Schwartz-Middletown
Buyer's Agent
Deborah Phipps
Empower Real Estate, LLC
List Price
$149,000
Sold Price
$139,000
Premium/Discount to List
-$10,000
-6.71%
Current Estimated Value
$210,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,074
Avg. Annual Appreciation
7.42%
Original Mortgage
$134,830
Outstanding Balance
$120,394
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$86,495

Purchase Details

Closed on
May 2, 2005
Sold by
Fitch Olga P and The Olga P Fitch Revocable Tru
Bought by
Thelen Jeffrey E and Thelen Danna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 27, 2003
Sold by
Fitch Phil H and Fitch Olga P
Bought by
Fitch Olga P and The Olga P Fitch Revocable Tru
Source: Public Records

Range of Values:

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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
Russell Bernadette -- None Available
Thelen Jeffrey E $123,900 --
Fitch Olga P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Bernadette $134,830
Closed Russell Bernadette $6,741
Previous Owner Thelen Jeffrey E $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $139,000 -6.7% $142 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
11/11/2019 11/11/19 For Sale $149,000 -- $152 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $1,533 $36,000 $5,400 $30,600
2023 $1,491 $36,000 $5,400 $30,600
2022 $1,487 $36,000 $5,400 $30,600
2021 $1,456 $36,000 $5,400 $30,600
2020 $1,418 $36,000 $5,400 $30,600
2019 $1,514 $36,000 $5,400 $30,600
2018 $80 $36,000 $5,400 $30,600
2017 $1,174 $36,000 $5,400 $30,600
2016 $1,174 $36,000 $5,400 $30,600
2015 $1,070 $36,000 $5,400 $30,600
2014 $1,069 $36,000 $5,400 $30,600
Source: Public Records

Agents Affiliated with this Home

  • Peggy Sheehan

    Seller's Agent in 2020

    Peggy Sheehan

    Patterson Schwartz

    (302) 285-0984

    7 in this area

    134 Total Sales

    Section Image
  • Deborah Phipps

    Buyer's Agent in 2020

    Deborah Phipps

    Empower Real Estate, LLC

    (302) 737-6434

    10 in this area

    178 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC490738

Bright MLS

APN: 11-017.00-048.C-0146

Delaware New Castle County Newark 19702 Glasgow

1205 Waters Edge Dr Unit 5, Newark, DE

This home is located at 1205 Waters Edge Dr Unit 5, Newark, DE 19702 since 11 November 2019 and is currently estimated at $208,952, approximately $213 per square foot. This property was built in 1993. 1205 Waters Edge Dr Unit 5 is a home located in New Castle County with nearby schools including Henry M. Brader Elementary School, Gauger-Cobbs Middle School, and Glasgow High School.

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