NOT LISTED FOR SALE

201 Waters Edge Dr Newark, DE 19702

Estimated Value: $211,000 - $229,923

2 Beds
2 Baths
-- Sq Ft
$216/mo HOA Fee

Last Sold July 11, 2014

Last sale price $69,500

Est. 217% increase in value since last sale

Current estimated payment $1,505/month

Highlights

  • Water Views
  • Traditional Architecture
  • Patio
  • Clubhouse
  • Community Pool
  • Living Room

About This Home

As of July 2014

Why rent when you can own? This 1st floor unit features 2 bedrooms & 2 baths and is available for immediate occupancy. Conveniently located to major roadways, shopping & the University of Delaware. Low condo fee of $216/month cover use of pool, clubhouse, fitness center & more. Leave all the outside work behind and relax on the patio overlooking the pond. Some TLC and updating would really make this a show place. Property being sold as-is, inspections for informational purposes only.Cash offers only, must have proof of funds dated w/I 30 days. Bank addendum required with accepted offer. *** Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A.***

Last Agent to Sell the Property

Kathleen Pennington

(302) 530-1735 kathypennington415@gmail.com RE/MAX Elite License #RS270786 Listed on: 05/09/2014

RE/MAX Elite

Co-Listed By

Patrick Pennington

(302) 593-7024 ppennington357@gmail.com RE/MAX Elite License #R1-0002626

Last Buyer's Agent

Daniel Logan

(302) 234-6089 dan@danlogan.com Patterson-Schwartz-Hockessin License #R3-0016334

Patterson-Schwartz-Hockessin

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

HOA Fees

  • $216 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Water Views
  • Laundry on main level

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • Rented or Permit Required
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Property is in below average condition

Listing and Financial Details

  • Tax Lot 048.C.0012
  • Assessor Parcel Number 11-017.00-048.C.0012

Community Details

Overview

  • Association fees include pool(s), common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, health club

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

HOA Fees

$216 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Exclusions: As-Is Where Is
  • Inclusions: As-Is Where Is
  • New Construction: No
  • Story List: Main
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Refrigerator
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Stall Shower
  • Fireplace: No
  • Entry Location: Living Room
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Shingle
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned, Rented/Permit Required

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 216.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Club House
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Health Club
  • HOA: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 29600.00
  • Land Assessed Value: 6800.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Below Average
  • Zoning: NCAP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2338477
  • Tax Annual Amount: 1045.00
  • Assessor Parcel Number: 11-017.00-048.C.0012
  • Tax Lot: 048.C.0012
  • Tax Year: 2013
  • Close Date: 07/11/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
Jul 8, 2014
Sold by
Wells Fargo Bank Na
Bought by
Modi Jaimin T
Seller's Agent
Kathleen Pennington
RE/MAX Elite
Buyer's Agent
Daniel Logan
Patterson-Schwartz-Hockessin
List Price
$85,800
Sold Price
$69,500
Premium/Discount to List
-$16,300
-19%
Current Estimated Value
$219,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,474
Avg. Annual Appreciation
10.75%

Purchase Details

Closed on
Jul 19, 2013
Sold by
Pezzullo Anthony C
Bought by
Wells Fargo Bank Na and Structured Asset Mortgage Investments Ii

Purchase Details

Closed on
Nov 8, 2005
Sold by
Fullam Michael P and Fullam Rachel L
Bought by
Pezzullo Anthony C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
5.93%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 3, 2005
Sold by
Fullam Michael P
Bought by
Fullam Michael P and Fullam Rachel L
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 Buyer Sale Price Title Company
Modi Jaimin T $52,125 None Available
Wells Fargo Bank Na $138,973 None Available
Pezzullo Anthony C $147,900 --
Fullam Michael P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pezzullo Anthony C $147,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2014 07/11/14 Sold $69,500 -8.4% --
06/20/2014 06/20/14 Pending -- -- --
06/03/2014 06/03/14 Price Changed $75,900 -11.5% --
05/09/2014 05/09/14 For Sale $85,800 -- --
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
2023 $1,508 $36,400 $6,800 $29,600
2022 $1,504 $36,400 $6,800 $29,600
2021 $1,472 $36,400 $6,800 $29,600
2020 $1,399 $36,400 $6,800 $29,600
2019 $1,435 $36,400 $6,800 $29,600
2018 $1,234 $36,400 $6,800 $29,600
2017 $1,190 $36,400 $6,800 $29,600
2016 $1,187 $36,400 $6,800 $29,600
2015 $1,014 $36,400 $6,800 $29,600
2014 -- $36,400 $6,800 $29,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002920246

Bright MLS

APN: 11-017.00-048.C-0012