Seller's Agent in 2025
Sandy Schultz
Patterson Schwartz
(302) 893-9671
1 in this area
42 Total Sales
1607 Waters Edge Dr Unit 1607 Newark, DE 19702
2
Beds
2
Baths
--
Sq Ft
$288/mo
HOA Fee
Highlights
- Water Views
- Clubhouse
- Community Pool
- Fitness Center
- Contemporary Architecture
- Balcony
About This Home
As of April 2025A convenient, carefree lifestyle awaits at this two bedroom, two bath home at Waters Edge! The superb location of this second floor condo offers a beautiful view of the water. The bright and open living space has vaulted ceilings and balcony access overlooking the community pond. This unit underwent a full renovation after its 2018 purchase, with new flooring throughout, remodeled bathrooms and kitchen, and upgraded appliances. A new a/c compressor was installed in 2022. An in-unit laundry room off the kitchen includes plenty of space for pantry and storage. The low monthly association fee includes common area & exterior building maintenance, snow & trash removal, water & insurance, community pool & club house. Stop by and take a look. You will not be disappointed!
Last Agent to Sell the Property
(302) 893-9671 sschultz@psre.com Patterson-Schwartz-Brandywine Listed on: 03/03/2025
Last Buyer's Agent
(302) 722-1794 amberismyrealtor@gmail.com Crown Homes Real Estate License #RS0025813
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,579
Year Built
- Built in 1991
HOA Fees
- $288 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Contemporary Architecture
- Entry on the 2nd floor
- Vinyl Siding
Interior Spaces
- Property has 1 Level
- Ceiling Fan
- Living Room
- Dining Room
- Water Views
Kitchen
- Gas Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Balcony
Schools
- Brader Elementary School
- Gauger-Cobbs Middle School
- Glasgow High School
Utilities
- 90% Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 1101700048C0098
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, pool(s), snow removal, trash, water
- Low-Rise Condominium
- Waters Edge Subdivision
- Property Manager
Amenities
- Clubhouse
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Limit on the number of pets
- Pet Size Limit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2025
Closed on
Apr 21, 2025
Sold by
Peony Garden Homes Llc
Bought by
Rouyer Kristin and Rouyer Arnaud
Seller's Agent
Sandy Schultz
Patterson-Schwartz-Brandywine
Buyer's Agent
Amber Garneski
Crown Homes Real Estate
List Price
$230,000
Sold Price
$230,000
Views
213
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
-$1,816
Avg. Annual Appreciation
-1.60%
Original Mortgage
$184,000
Outstanding Balance
$183,183
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$45,001
Purchase Details
Listed on
Jul 17, 2018
Closed on
Aug 31, 2018
Sold by
Rance Marva
Bought by
Peony Garden Homes Llc
Seller's Agent
Kathi Hunnings
Patterson-Schwartz-Middletown
Buyer's Agent
Adrian Hunnings
Patterson-Schwartz-Middletown
List Price
$122,000
Sold Price
$115,000
Premium/Discount to List
-$7,000
-5.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%
Original Mortgage
$58,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
May 27, 2004
Sold by
Wardell Joseph F and Wardell Janet S
Bought by
Rance Marva
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 29, 2001
Sold by
Collender Stacie L
Bought by
Wardell Joseph F and Wardell Janet S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
7.08%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $230,000 | None Listed On Document | |
| Deed | $115,000 | None Available | |
| Deed | $112,000 | Transnation Title | |
| Deed | $85,500 | Stewart Title Guaranty Compa |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $184,000 | New Conventional | |
| Previous Owner | $58,000 | Commercial | |
| Previous Owner | $84,000 | New Conventional | |
| Previous Owner | $34,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/21/2025 04/21/25 | Sold | $230,000 | 0.0% | -- | |
| 03/15/2025 03/15/25 | Pending | -- | -- | -- | |
| 03/03/2025 03/03/25 | For Sale | $230,000 | +100.0% | -- | |
| 08/31/2018 08/31/18 | Sold | $115,000 | -2.5% | -- | View Prior Sale |
| 07/31/2018 07/31/18 | Pending | -- | -- | -- | |
| 07/24/2018 07/24/18 | Price Changed | $118,000 | -3.3% | -- | |
| 07/17/2018 07/17/18 | For Sale | $122,000 | -- | -- |
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 | $1,580 | $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 | $402 | $37,100 | $6,800 | $30,300 |
| 2017 | $1,210 | $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
-
Sandy Schultz
-
Amber Garneski
Buyer's Agent in 2025
Amber Garneski
Crown Homes Real Estate
(302) 722-1794
6 in this area
95 Total Sales
-
Kristen Rosaio
Buyer Co-Listing Agent in 2025
Kristen Rosaio
Crown Homes Real Estate
(302) 463-5477
10 in this area
225 Total Sales
-
K
Seller's Agent in 2018
Kathi Hunnings
Patterson Schwartz
-
Adrian Hunnings
A
Buyer's Agent in 2018
Adrian Hunnings
Patterson Schwartz
(302) 233-3100
8 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2076312
APN: 11-017.00-048.C-0098
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