NOT LISTED FOR SALE

1408 Waters Edge Dr Unit 1408 Newark, DE 19702

Estimated Value: $224,000 - $232,000

2 Beds
2 Baths
-- Sq Ft
$250/mo HOA Fee

Last Sold April 22, 2020

Last sale price $140,000

Est. 62% increase in value since last sale

Current estimated payment $1,666/month

Highlights

  • Pond View
  • Community Pool
  • Galley Kitchen
  • Wood Flooring
  • Balcony
  • Double Pane Windows

About This Home

As of April 2020

Go up the steps to this beautifully updated unit with all Wood Floors and Fresh Paint. The Spacious Living Room with its High Vaulted Ceiling and Wood Burning Fireplace Leads To a Deck with a View of the Water. The Open Floor Plan includes a good Sized Dining Room and Kitchen. There is a Laundry Room off of the kitchen. Then the Bedrooms--both Large with Closets to match. Bathrooms have been updated. Condo Fee Covers Swimming Pool, Club House and Gym. All of This in a Great Location close to U of D, I-95 to Wilmington or points south.

Last Agent to Sell the Property

Herman Ross

(302) 743-9582 herman.ross@compass.com Compass License #RS-0022430 Listed on: 03/06/2020

Compass

Last Buyer's Agent

Kathy Blakey

(302) 383-5424 kathyblakey@c21gk.com Century 21 Gold Key Realty License #657813

Century 21 Gold Key Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1994

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Pond Views

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 048.C.0168
  • Assessor Parcel Number 11-017.00-048.C.0168

Community Details

Overview

  • Association fees include pool(s)
  • Low-Rise Condominium
  • Waters Edge Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,292

Year Built

Built in 1994

Lot Details

0

HOA Fees

$250 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
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-03-08
  • Federal Flood Zone: No
  • Year Built: 1994
  • Remarks Public: Go up the steps to this beautifully updated unit with all Wood Floors and Fresh Paint. The Spacious Living Room with its High Vaulted Ceiling and Wood Burning Fireplace Leads To a Deck with a View of the Water. The Open Floor Plan includes a good Sized Dining Room and Kitchen. There is a Laundry Room off of the kitchen. Then the Bedrooms--both Large with Closets to match. Bathrooms have been updated. Condo Fee Covers Swimming Pool, Club House and Gym. All of This in a Great Location close to U of D, I-95 to Wilmington or points south.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s), Dining Area, Kitchen - Galley, Wood Floors
  • Window Features: Double Pane
  • Fireplace Features: Equipment, Wood
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Laundry Type: Hookup, Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1408

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: Wood Siding
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Fiber Optics Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 250.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: No
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 30300.00
  • Land Assessed Value: 6800.00
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Soil Types: Unknown
  • Year Assessed: 2019
  • Zoning: NCAP
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2338633
  • School Tax: 985.00
  • Tax Annual Amount: 1292.00
  • Assessor Parcel Number: 11-017.00-048.C.0168
  • Tax Lot: 048.C.0168
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/22/2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Apr 22, 2020
Sold by
Fields Devonte and Robinson Lorriona
Bought by
Velasquez Jason
Seller's Agent
Herman Ross
Compass
Buyer's Agent
Kathy Blakey
Century 21 Gold Key Realty
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$226,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,712
Avg. Annual Appreciation
9.14%
Original Mortgage
$135,800
Outstanding Balance
$120,074
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$106,638

Purchase Details

Listed on
Jul 19, 2018
Closed on
Aug 31, 2018
Sold by
Carty James B and Carty Barbara
Bought by
Fields Devonte and Robinson Lorriona
Seller's Agent
Barbara Carty
RE/MAX Excellence - Kennett Square
Buyer's Agent
Herman Ross
Compass
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$116,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2013
Closed on
Nov 1, 2013
Sold by
Roscoe Valerie and Mize Valerie
Bought by
Carty James B
Seller's Agent
Donna Klimowicz
BHHS Fox & Roach - Hockessin
Buyer's Agent
Barbara Carty
RE/MAX Excellence - Kennett Square
List Price
$99,500
Sold Price
$95,000
Premium/Discount to List
-$4,500
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Jun 26, 2008
Sold by
Us Bank Na
Bought by
Roscoe Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2008
Sold by
Porter Michael A
Bought by
Us Bank Na and Csab 2006-4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2006
Sold by
Deveney William J and Deveney Natalie T
Bought by
Porter Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2003
Sold by
Franco Michael
Bought by
Deveney William J and Deveney Natalie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 Prior Sale
04/22/2020 04/22/20 Sold $140,000 0.0% --
03/09/2020 03/09/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $140,000 +16.7% --
08/31/2018 08/31/18 Sold $120,000 -4.0% -- View Prior Sale
07/26/2018 07/26/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $125,000 +31.6% --
11/01/2013 11/01/13 Sold $95,000 -4.5% -- View Prior Sale
10/04/2013 10/04/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $99,500 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC496074

Bright MLS

APN: 11-017.00-048-C0168