Seller's Agent in 2023
Michael Dutt
Patterson Schwartz
(302) 733-7079
10 in this area
107 Total Sales
1504 Waters Edge Dr Unit 1504 Newark, DE 19702
Estimated Value: $210,000 - $231,964
2
Beds
2
Baths
--
Sq Ft
$265/mo
HOA Fee
Highlights
- Clubhouse
- Community Pool
- Patio
- 1 Fireplace
- Stainless Steel Appliances
- Living Room
About This Home
As of August 2023Easy living in popular Waters Edge in Newark. Nicely updated 2 bedroom/2 full bathroom (both updated) condo with new carpet, fresh neutral paint, shiplap in dining room, updated galley kitchen with stainless appliances(included), LVP flooring in kitchen & laundry room (brand new front load washer/dryer included), granite counters & lots of cabinet space & new hot water heater. Large master bedroom with full bathroom with updated vanity, flooring, shower stall. Large open living room & dining room combo & outside patio! This unit is on 1st floor with minimal steps! Water's Edge is located off 896 & minutes from I95 North/South, Route 40 & shopping center (walking distance!). Affordable condo fee covers: outdoor POOL membership, club house, exterior maintenance, trash, & insurance. Nothing to do but MOVE right in! One Year Home Warranty Included! Easy to show & ready NOW!
Last Agent to Sell the Property
(302) 733-7079 mdutt@psre.com Patterson-Schwartz-Newark Listed on: 06/13/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,487
Year Built
- Built in 1991
Lot Details
- Property is in very good condition
HOA Fees
- $265 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Slab Foundation
- Vinyl Siding
Interior Spaces
- Property has 1 Level
- Ceiling Fan
- 1 Fireplace
- Living Room
- Dining Room
- Carpet
Kitchen
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Front Loading Dryer
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Lot
Outdoor Features
- Patio
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
- Propane Water Heater
Listing and Financial Details
- Assessor Parcel Number 11-017.00-048.C.0085
Community Details
Overview
- $530 Capital Contribution Fee
- Association fees include common area maintenance, insurance, lawn maintenance, trash
- $100 Other One-Time Fees
- Low-Rise Condominium
- Waters Edge Subdivision
Amenities
- Clubhouse
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2023
Closed on
Aug 31, 2023
Sold by
Dutt Michael A
Bought by
Frederick Barbara
Seller's Agent
Michael Dutt
Patterson-Schwartz-Newark
Buyer's Agent
Edward Cole
Springer Realty Group
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%
Views
721
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,321
Avg. Annual Appreciation
3.70%
Original Mortgage
$174,908
Outstanding Balance
$171,072
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$50,249
Purchase Details
Closed on
Feb 28, 2023
Sold by
Farren George J
Bought by
Dutt Michael A
Purchase Details
Closed on
Apr 26, 2004
Sold by
Schiavone Charles D
Bought by
Farren George J and Farren Marianne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 1, 2003
Sold by
Edge Of The Woods Lp
Bought by
Schiavone Charles D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frederick Barbara | -- | None Listed On Document | |
| Dutt Michael A | $86,500 | -- | |
| Farren George J | $100,500 | -- | |
| Schiavone Charles D | $85,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frederick Barbara | $174,908 | |
| Previous Owner | Farren George J | $100,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $205,000 | 0.0% | -- |
| 07/14/2023 07/14/23 | Pending | -- | -- | -- |
| 07/14/2023 07/14/23 | Price Changed | $205,000 | +2.6% | -- |
| 07/03/2023 07/03/23 | Price Changed | $199,900 | -4.8% | -- |
| 06/13/2023 06/13/23 | For Sale | $209,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,489 | $36,000 | $5,400 | $30,600 |
| 2022 | $723 | $36,000 | $5,400 | $30,600 |
| 2021 | $753 | $36,000 | $5,400 | $30,600 |
| 2020 | $753 | $36,000 | $5,400 | $30,600 |
| 2019 | $782 | $36,000 | $5,400 | $30,600 |
| 2018 | $1,221 | $36,000 | $5,400 | $30,600 |
| 2017 | $1,177 | $36,000 | $5,400 | $30,600 |
| 2016 | $1,174 | $36,000 | $5,400 | $30,600 |
| 2015 | -- | $36,000 | $5,400 | $30,600 |
| 2014 | $1,069 | $36,000 | $5,400 | $30,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Dutt
-
Edward Cole
Buyer's Agent in 2023
Edward Cole
Springer Realty Group
(610) 416-6753
1 in this area
107 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2044264
APN: 11-017.00-048.C-0085
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