$225,000
SOLD APR 28, 2025

1507 Waters Edge Dr Unit 88 Newark, DE 19702

2 Beds
2 Baths
850 Sq Ft
$281/mo HOA Fee

Recently Sold

$265 Per Sq Ft

7% Above List Price

0 Day on Market

Highlights

  • Fitness Center
  • Deck
  • Community Pool
  • Clubhouse
  • Contemporary Architecture
  • Living Room

About This Home

As of April 2025

(Highest and best offers are due by 3pm, 3/21/25, a decision will be made by 4pm, 3/21/25) Welcome to your dream condo! This beautifully appointed two-bedroom, two-bathroom unit offers picturesque water views and a prime location just steps away from shopping and essential amenities.As you enter, you will be greeted by a spacious living and dining area filled with natural light and perfect for entertaining or relaxing. The kitchen is well-equipped, featuring sleek stainless appliances and a gas stove and ample counter space, making meal preparation a delight. Adjacent to the kitchen, you'll find a convenient laundry room, adding to the overall functionality of the space.The owner has made significant upgrades by replacing both the HVAC system and the water heater, ensuring comfort and efficiency year-round.Don’t miss out on this incredible opportunity to own a piece of paradise in a well-maintained community that is close to everything you need. Enjoy the benefits of the community pool this summer! Schedule a showing today!

Last Agent to Sell the Property

Russell Griffin

(302) 745-1083 russellgriffin@remax.net Keller Williams Realty License #RA-0020424 Listed on: 03/20/2025

Keller Williams Realty

Co-Listed By

Charity Roop

(302) 222-9909 charity@griffinhigginsteam.com Keller Williams Realty License #RS-0024746

Last Buyer's Agent

Matt Fish

(302) 409-0084 mattfish@kw.com Keller Williams Realty Wilmington

Keller Williams Realty Wilmington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1991

HOA Fees

  • $281 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Vinyl Siding

Interior Spaces

  • 850 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Metered Propane
  • Propane Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Deck

Listing and Financial Details

  • Tax Lot 048.C.0088
  • Assessor Parcel Number 11-017.00-048.C.0088

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, pier/dock maintenance, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Premier Community Association Condos
  • Waters Edge Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,502

Year Built

Built in 1991

Lot Details

0

HOA Fees

$281 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-03-20
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: (Highest and best offers are due by 3pm, 3/21/25, a decision will be made by 4pm, 3/21/25) Welcome to your dream condo! This beautifully appointed two-bedroom, two-bathroom unit offers picturesque water views and a prime location just steps away from shopping and essential amenities. As you enter, you will be greeted by a spacious living and dining area filled with natural light and perfect for entertaining or relaxing. The kitchen is well-equipped, featuring sleek stainless appliances and a gas stove and ample counter space, making meal preparation a delight. Adjacent to the kitchen, you'll find a convenient laundry room, adding to the overall functionality of the space. The owner has made significant upgrades by replacing both the HVAC system and the water heater, ensuring comfort and efficiency year-round. Don’t miss out on this incredible opportunity to own a piece of paradise in a well-maintained community that is close to everything you need. Enjoy the benefits of the community pool this summer! Schedule a showing today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Range Hood, Exhaust Fan, Refrigerator, Dishwasher, Disposal, Washer, Dryer, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Floors In Unit Count: 2
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 850
  • Living Area Sq Ft: 850
  • Price Per Sq Ft: 247.06
  • Above Grade Finished Sq Ft: 850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1507

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
  • Parking Features: Paved Driveway
  • 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
  • Electric Service: Circuit Breakers
  • Heating Fuel: Propane - Metered
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 281.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Premier Community Association
  • HOA Condo Co-Op Amenities: Club House, Fitness Center, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Pier/Dock Maintenance, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground, Fenced

Schools

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2024
  • Zoning: NCAP
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 1203.00
  • Tax Annual Amount: 1502.00
  • Assessor Parcel Number: 11-017.00-048.C.0088
  • Tax Lot: 048.C.0088
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/28/2025

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
Apr 28, 2025
Sold by
Bennett Julie Ann
Bought by
Baglio Pamela Carol
Seller's Agent
Russell Griffin
Keller Williams Realty
Buyer's Agent
Matt Fish
Keller Williams Realty Wilmington
List Price
$210,000
Sold Price
$225,000
Premium/Discount to List
$15,000
7.14%
Views
37
Current Estimated Value
$217,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,138
Avg. Annual Appreciation
-7.22%
Original Mortgage
$140,000
Outstanding Balance
$139,504
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$78,358

Purchase Details

Listed on
Sep 30, 2022
Closed on
Nov 3, 2022
Sold by
Frazier Jerry
Bought by
Bennett Julie Ann
Seller's Agent
MARI CLANCY
BHHS Fox & Roach - Hockessin
Buyer's Agent
Lydia Ragonese
Compass
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
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

Purchase History

Date Type Sale Price Title Company
Deed $225,000 None Listed On Document
Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2025 04/28/25 Sold $225,000 +7.1% $265 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $210,000 +16.7% $247 / Sq Ft
11/03/2022 11/03/22 Sold $180,000 -2.7% -- View Prior Sale
10/04/2022 10/04/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $185,000 -- --
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 $1,580 $37,100 $6,800 $30,300
2023 $1,536 $37,100 $6,800 $30,300
2022 $1,533 $37,100 $6,800 $30,300
2021 $1,501 $37,100 $6,800 $30,300
2020 $1,462 $37,100 $6,800 $30,300
2019 $1,536 $37,100 $6,800 $30,300
2018 $1,258 $37,100 $6,800 $30,300
2017 $1,213 $37,100 $6,800 $30,300
2016 $1,210 $37,100 $6,800 $30,300
2015 $1,102 $37,100 $6,800 $30,300
2014 $1,102 $37,100 $6,800 $30,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2077934

Bright MLS

APN: 11-017.00-048.C-0088