Landlord's Agent in 2023
Michael Maloney
Patterson Schwartz
(302) 353-9364
3 in this area
10 Total Sales
203 Waters Edge Dr Unit 203 Newark, DE 19702
Estimated Value: $215,000 - $225,508
2
Beds
2
Baths
--
Sq Ft
1991
Built
Highlights
- Penthouse
- Community Pool
- Galley Kitchen
- Contemporary Architecture
- Balcony
- Living Room
About This Home
As of April 2023Welcome to this well maintained 2 Bedroom & 2 Bath condo in the conveniently located & popular community of Waters Edge overlooking Water. The entire condo is being freshly painted and has a wood laminate floor and stainless steel appliances in the kitchen. Stackable w/d allow for more storage in Laundry room off of the kitchen. There's a tankless water heater in the utility room off of balcony. SPECIAL CLAUSES: 1) No Smoking Permitted 2) No Pets 3) Tenant pays all utilities including water, sewer & propane 4) Lawn care included in rent 5) Tenant pays for cable 7) Tenant must provide proof of renters insurance and show proof at time of occupancy 8) No alterations or painting without the written permission of the Owner. 9) Tenant must use floor protectors under all furniture resting on hardwood & vinyl floors 10) Association Pool not included in rent 11) Tenant responsible for security system monitoring 12) Community regulations apply 13) Parking permits required 14) Association amenities available to tenant, any pass or key charges will be paid by tenant 15) Owner is a Licensed Real Estate Agent.
Last Agent to Rent the Property
(302) 353-9364 mmaloney@psre.com Patterson-Schwartz-Newark Listed on: 04/13/2023
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $1,580
Year Built
- Built in 1991
Parking
- Parking Lot
Home Design
- Penthouse
- Contemporary Architecture
- Entry on the 1st floor
- Vinyl Siding
Interior Spaces
- Property has 1 Level
- Ceiling Fan
- Living Room
- Dining Room
Kitchen
- Galley Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Gas Front Loading Dryer
- Front Loading Washer
Schools
- Brader Elementary School
- Gauger-Cobbs Middle School
- Glasgow High School
Utilities
- Forced Air Heating and Cooling System
- Metered Propane
- Tankless Water Heater
- Propane Water Heater
Additional Features
- Balcony
- Sprinkler System
Listing and Financial Details
- Residential Lease
- Security Deposit $1,600
- Tenant pays for cable TV, cooking fuel, electricity, heat, hot water, light bulbs/filters/fuses/alarm care, sewer, water
- Rent includes trash removal
- 12-Month Lease Term
- Available 4/15/23
- $40 Application Fee
- Assessor Parcel Number 11.017-00-048C-14
Community Details
Overview
- Property has a Home Owners Association
- Low-Rise Condominium
- Waters Edge Subdivision
Recreation
- Community Pool
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 26, 2025
Sold by
Phillips Larry D
Bought by
Russo Alessandro
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Outstanding Balance
$209,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$11,503
Purchase Details
Listed on
May 27, 2019
Closed on
May 17, 2019
Sold by
Geiger Susan
Bought by
Phillips Larry D
Seller's Agent
Vince Grillo
Patterson-Schwartz-Property Management
Buyer's Agent
Randall Elser
Weichert Realtors Cornerstone
Sold Price
$1,250
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Purchase Details
Listed on
Mar 1, 2013
Closed on
Apr 26, 2013
Sold by
Pierce Marilyn G
Bought by
Gieger Susan
Seller's Agent
Michael Dutt
Patterson-Schwartz-Newark
Buyer's Agent
Patricia Wolf
Tesla Realty Group, LLC
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Purchase Details
Closed on
Sep 26, 2008
Sold by
Janocha Walter B
Bought by
Pierce Marilyn G
Purchase Details
Closed on
Aug 30, 2006
Sold by
Dachille Nicholas and Dachille Lisa J
Bought by
Janocha Walter B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 2005
Sold by
Nacrelli Virginia
Bought by
Dachille Nicholas and Dachille Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
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 |
|---|---|---|---|
| Russo Alessandro | $220,000 | None Listed On Document | |
| Phillips Larry D | $136,500 | None Available | |
| Gieger Susan | $80,000 | None Available | |
| Pierce Marilyn G | $81,000 | None Available | |
| Janocha Walter B | $150,000 | None Available | |
| Dachille Nicholas | $137,500 | Stewart Title Guaranty Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Russo Alessandro | $209,000 | |
| Previous Owner | Janocha Walter B | $120,000 | |
| Previous Owner | Dachille Nicholas | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2023 04/28/23 | Rented | $1,600 | 0.0% | -- | |
| 04/25/2023 04/25/23 | Under Contract | -- | -- | -- | |
| 04/25/2023 04/25/23 | Off Market | $1,600 | -- | -- | |
| 04/13/2023 04/13/23 | For Rent | $1,600 | 0.0% | -- | |
| 06/13/2022 06/13/22 | Rented | $1,600 | +0.3% | -- | |
| 04/21/2022 04/21/22 | Under Contract | -- | -- | -- | |
| 04/11/2022 04/11/22 | For Rent | $1,595 | +27.6% | -- | |
| 06/03/2019 06/03/19 | Rented | $1,250 | 0.0% | -- | |
| 05/29/2019 05/29/19 | Sold | $136,500 | 0.0% | -- | View Prior Sale |
| 05/28/2019 05/28/19 | For Rent | $1,250 | 0.0% | -- | |
| 04/16/2019 04/16/19 | Pending | -- | -- | -- | |
| 04/12/2019 04/12/19 | For Sale | $138,000 | 0.0% | -- | |
| 05/26/2017 05/26/17 | Rented | $1,200 | 0.0% | -- | |
| 04/09/2017 04/09/17 | Under Contract | -- | -- | -- | |
| 04/03/2017 04/03/17 | For Rent | $1,200 | +4.3% | -- | |
| 06/01/2014 06/01/14 | Rented | $1,150 | 0.0% | -- | |
| 05/06/2014 05/06/14 | Under Contract | -- | -- | -- | |
| 04/24/2014 04/24/14 | For Rent | $1,150 | 0.0% | -- | |
| 04/26/2013 04/26/13 | Sold | $80,000 | -15.7% | -- | View Prior Sale |
| 03/12/2013 03/12/13 | Pending | -- | -- | -- | |
| 03/01/2013 03/01/13 | For Sale | $94,900 | -- | -- |
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 | $1,580 | $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 | $0 | $37,100 | $6,800 | $30,300 |
| 2019 | $90 | $37,100 | $6,800 | $30,300 |
| 2018 | $138 | $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 | $832 | $37,100 | $6,800 | $30,300 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Maloney
-
Team Freebery
Tenant's Agent in 2023
Team Freebery
EXP Realty, LLC
(302) 420-8606
13 in this area
207 Total Sales
-
Jennifer Pipinos
Buyer's Agent in 2022
Jennifer Pipinos
Patterson Schwartz
(302) 983-1197
3 in this area
26 Total Sales
-
Vince Grillo
Seller's Agent in 2019
Vince Grillo
Patterson-Schwartz-Property Management
(877) 456-4663
-
Maximo Rodriguez
Seller's Agent in 2019
Maximo Rodriguez
Patterson Schwartz
(302) 239-3021
3 in this area
49 Total Sales
-
Randall Elser
Buyer's Agent in 2019
Randall Elser
Weichert Corporate
(302) 893-5363
1 in this area
12 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2040422
APN: 11-017.00-048.C-0014
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