$215,000
SOLD JUN 13, 2024

1405 Waters Edge Dr Unit 165 Newark, DE 19702

Glasgow Neighborhood
2 Beds
2 Baths
-- Sq Ft
$285/mo HOA Fee

Recently Sold

4% Below List Price

35 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • En-Suite Primary Bedroom
  • Clubhouse
  • Living Room
  • Luxury Vinyl Tile Flooring

About This Home

As of June 2024

Welcome to 1405 Waters Edge Drive. What an opportunity for a first-time home buyer, those wanting to downsize, an investor or a UD student. This two bedroom, two bath condo is perfect for you! Notice the open concept floor plan as you enter the condo. The living area features a wood burning fireplace, for ambiance on the cool evenings and there is an open breakfast bar into the kitchen, which seats two, for convenience. The kitchen features a dishwasher, gas cooking, stainless steel sink, with a garbage disposal and stainless steel appliances. Enjoy the warmer weather relaxing on your balcony, having your morning coffee or a beverage after work. Both bedrooms contain double closets and ceiling fans. There is also an in-unit laundry! Many amenities are available to the residents of Waters Edge. These include a clubhouse with an exercise room, an outdoor pool, a dog walking area, a scenic pond in the center of the community and ample parking, even for your visitors. The low monthly dues include all of this as well as outside maintenance and trash. A safe sidewalk also leads to a nearby shopping center with a grocery store, drug store, restaurant and other amenities. The YMCA and Glasgow Park are nearby. The major commuting routes of I-95, 40 and 896 make this condo a great location and it is perfect for anyone attending the University of Delaware. Come see this maintenance free condo and make it yours. Truly carefree living with all the conveniences nearby!

Last Agent to Sell the Property

Steve Tolmie

RE/MAX 1st Choice - Middletown License #RB-0020043

Last Buyer's Agent

Juan Soto

Crown Homes Real Estate License #RS-0024278

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $165

Year Built

  • Built in 1992

Lot Details

  • North Facing Home
  • Property is in good condition

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Wood Burning Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

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

Laundry

  • Electric Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • 100 Amp Service
  • Metered Propane
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 048.C.0165
  • Assessor Parcel Number 11-017.00-048.C.0165

Community Details

Overview

  • Association fees include management
  • Low-Rise Condominium
  • Cam Co Condos
  • Waters Edge Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$165

Year Built

Built in 1992

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Personal Property
  • Historic: No
  • Inclusions: Washer, Dryer and Refrigerator
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-07
  • Federal Flood Zone: No
  • Year Built: 1992
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Welcome to 1405 Waters Edge Drive. What an opportunity for a first-time home buyer, those wanting to downsize, an investor or a UD student. This two bedroom, two bath condo is perfect for you! Notice the open concept floor plan as you enter the condo. The living area features a wood burning fireplace, for ambiance on the cool evenings and there is an open breakfast bar into the kitchen, which seats two, for convenience. The kitchen features a dishwasher, gas cooking, stainless steel sink, with a garbage disposal and stainless steel appliances. Enjoy the warmer weather relaxing on your balcony, having your morning coffee or a beverage after work. Both bedrooms contain double closets and ceiling fans. There is also an in-unit laundry! Many amenities are available to the residents of Waters Edge. These include a clubhouse with an exercise room, an outdoor pool, a dog walking area, a scenic pond in the center of the community and ample parking, even for your visitors. The low monthly dues include all of this as well as outside maintenance and trash. A safe sidewalk also leads to a nearby shopping center with a grocery store, drug store, restaurant and other amenities. The YMCA and Glasgow Park are nearby. The major commuting routes of I-95, 40 and 896 make this condo a great location and it is perfect for anyone attending the University of Delaware. Come see this maintenance free condo and make it yours. Truly carefree living with all the conveniences nearby!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Luxury Vinyl Tile
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1405

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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Propane - Metered
  • Heating Type: Forced Air, Hot Water
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 285.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: CAM co
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Fitness Center, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CHRISTINA
  • Elementary School: BRADER
  • Middle School: GAUGER-COBBS
  • High School: GLASGOW
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396890
  • School District Source: 3rd Party
  • Elementary School: BRADER
  • High School: GLASGOW
  • Middle Or Junior School: GAUGER-COBBS

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: NCAP
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 132.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 165.00
  • Assessor Parcel Number: 11-017.00-048.C.0165
  • Tax Lot: 048.C.0165
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/13/2024

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2024
Closed on
Jun 13, 2024
Sold by
Zadorzany Patricia A
Bought by
Hanif Ali
Seller's Agent
Steve Tolmie
RE/MAX 1st Choice - Middletown
Buyer's Agent
Juan Soto
Crown Homes Real Estate
List Price
$224,900
Sold Price
$215,000
Premium/Discount to List
-$9,900
-4.4%
Total Days on Market
35
Views
363
Current Estimated Value
$217,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,950
Avg. Annual Appreciation
0.38%
Original Mortgage
$150,500
Outstanding Balance
$148,202
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$67,555

Purchase Details

Closed on
Feb 27, 2002
Sold by
Edge Of The Woods Lp
Bought by
Zadorzany Patricia A

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed $82,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $215,000 -4.4% --
05/13/2024 05/13/24 Pending -- -- --
04/07/2024 04/07/24 For Sale $224,900 -- --
Source: Bright MLS

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 $106 $36,000 $5,400 $30,600
2023 $102 $36,000 $5,400 $30,600
2022 $103 $36,000 $5,400 $30,600
2021 $101 $36,000 $5,400 $30,600
2020 $99 $36,000 $5,400 $30,600
2019 $146 $36,000 $5,400 $30,600
2018 $87 $36,000 $5,400 $30,600
2017 $83 $36,000 $5,400 $30,600
2016 $83 $36,000 $5,400 $30,600
2015 $77 $36,000 $5,400 $30,600
2014 $77 $36,000 $5,400 $30,600
Source: Public Records

Source: Bright MLS

MLS Number: DENC2058978

Bright MLS

APN: 11-017.00-048.C-0165