NOT LISTED FOR SALE

1504 Waters Edge Dr Unit 1504 Newark, DE 19702

Glasgow Neighborhood

Estimated Value: $201,000 - $225,000

2 Beds
2 Baths
-- Sq Ft
$265/mo HOA Fee

Last Sold August 31, 2023

Last sale price $205,000

Est. 6% increase in value since last sale

Current estimated payment $1,610/month

31 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Patio
  • 1 Fireplace
  • Stainless Steel Appliances
  • Living Room

About This Home

As of August 2023

Easy 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

Michael Dutt

Patterson-Schwartz-Newark Listed on: 06/13/2023

Patterson-Schwartz-Newark

Last Buyer's Agent

Edward Cole

Springer Realty Group

Springer Realty Group

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

  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,487

Year Built

Built in 1991

Lot Details

0

HOA Fees

$265 per month

Listing Details

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

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 1
  • Interior Amenities: Carpet, Ceiling Fan(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1504

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 265.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Lawn Maintenance, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 100.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 530.00

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: NCAP
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1487.00
  • Assessor Parcel Number: 11-017.00-048.C.0085
  • Tax Year: 2022
  • Close Date: 08/31/2023

MLS Schools

  • School District Name: CHRISTINA

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%
Total Days on Market
31
Views
721
Current Estimated Value
$216,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,807
Avg. Annual Appreciation
1.26%
Original Mortgage
$174,908
Interest Rate
6.78%
Mortgage Type
FHA

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
Source: Public Records

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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 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 $175,155
Closed Frederick Barbara $174,908
Previous Owner Farren George J $85,000
Previous Owner Farren George J $65,000
Previous Owner Farren George J $25,000
Previous Owner Farren George J $35,600
Previous Owner Farren George J $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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 $1,489 $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

    Seller's Agent in 2023

    Michael Dutt

    Patterson Schwartz

    (302) 733-7079

    9 in this area

    103 Total Sales

    Michael Dutt
    Section Image
  • Edward Cole

    Buyer's Agent in 2023

    Edward Cole

    Springer Realty Group

    (610) 416-6753

    2 in this area

    107 Total Sales

    Edward Cole
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2044264

Bright MLS

APN: 11-017.00-048.C-0085

Delaware New Castle County Newark 19702 Glasgow

1504 Waters Edge Dr Unit 1504, Newark, DE

This home is located at 1504 Waters Edge Dr Unit 1504, Newark, DE 19702 since 13 June 2023 and is currently estimated at $216,807. This property was built in 1991. 1504 Waters Edge Dr Unit 1504 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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