NOT LISTED FOR SALE

228 W Edgewater Way Newark, DE 19702

Estimated Value: $158,000 - $260,761

3 Beds
1.5 Baths
1,475 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $87,300 $59 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,287/month

9 Days on Market

Highlights

  • Pond View
  • Deck
  • Community Pool
  • Colonial Architecture
  • No HOA
  • Living Room

About This Home

As of July 2019

Great opportunity to get sweat equity in this 3 bedroom, 1-and-a-half bathroom townhome with a great view of the community pond. Owner did replace siding and windows, so not everything is left for the new owner. Cash or fix-up financing only. NOTE: This is a short sale and is subject to Seller's Lender's approval. Property is being sold "as-is". Inspections are for informational purposes only. Any repairs necessitated by Buyer's Lender are the responsibility of the Buyer. Buyers must be pre-approved with no home sale contingency. Commissions subject to Lender review. Short sale facilitating fee to be paid by Buyer.

Last Agent to Sell the Property

Monica Hill

(302) 563-5637 MonicaHill@verizon.net RE/MAX Associates-Wilmington License #RS347136 Listed on: 04/18/2019

RE/MAX Associates-Wilmington

Last Buyer's Agent

Curtis Tyler

(302) 547-5237 ctylerrealestate@comcast.net RE/MAX Associates-Wilmington License #rs157179a

RE/MAX Associates-Wilmington

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1973

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 20.00 x 124.00
  • Wood Fence
  • Property is in below average condition

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,475 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Replacement Windows
  • Living Room
  • Dining Room
  • Pond Views
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number 11-017.20-127

Community Details

Overview

  • No Home Owners Association
  • $326 Recreation Fee
  • Association fees include common area maintenance, pool(s)
  • Four Seasons Subdivision
  • Property Manager

Recreation

  • Community Pool

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Refrigerator, Washer, Dryer, Window Treatments, and whatever remains in property at time of Settlement
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1973
  • Special Features: 4108
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Replacement
  • Fireplace: No
  • Door Features: Storm
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 1475
  • Living Area Sq Ft: 1475
  • Price Per Sq Ft: 50.85
  • Above Grade Finished Sq Ft: 1475
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: No
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s)
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 326.00
  • Association Recreation Fee: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Wood
  • Improvement Assessed Value: 32600.00
  • Land Assessed Value: 8300.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 20.00 x 124.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Below Average
  • Zoning: NCTH
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2339072
  • School Tax: 1069.00
  • Tax Annual Amount: 1408.00
  • Assessor Parcel Number: 11-017.20-127
  • Tax Lot: 127
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jul 14, 2019
Sold by
Schimmelbusch Erdine
Bought by
Kim Eugene V
Seller's Agent
Monica Hill
RE/MAX Associates-Wilmington
Buyer's Agent
Curtis Tyler
RE/MAX Associates-Wilmington
List Price
$75,000
Sold Price
$87,300
Premium/Discount to List
$12,300
16.4%
Current Estimated Value
$217,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,404
Avg. Annual Appreciation
14.83%

Purchase Details

Closed on
Aug 1, 1978
Bought by
Schimmelbusch Erdine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Eugene V $87,300 None Available
Schimmelbusch Erdine $29,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $87,300 +16.4% $59 / Sq Ft
04/27/2019 04/27/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $75,000 -- $51 / Sq Ft
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 $1,742 $40,900 $8,300 $32,600
2023 $1,694 $40,900 $8,300 $32,600
2022 $1,690 $40,900 $8,300 $32,600
2021 $1,654 $40,900 $8,300 $32,600
2020 $0 $40,900 $8,300 $32,600
2019 $71 $40,900 $8,300 $32,600
2018 $69 $40,900 $8,300 $32,600
2017 $616 $40,900 $8,300 $32,600
2016 $616 $40,900 $8,300 $32,600
2015 $555 $40,900 $8,300 $32,600
2014 $555 $40,900 $8,300 $32,600
Source: Public Records

Agents Affiliated with this Home

  • Monica Hill

    Seller's Agent in 2019

    Monica Hill

    RE/MAX

    (302) 563-5637

    1 in this area

    138 Total Sales

    Monica Hill
    Section Image
  • Curtis Tyler

    Buyer's Agent in 2019

    Curtis Tyler

    RE/MAX

    (302) 547-5237

    4 in this area

    75 Total Sales

    Curtis Tyler
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC476376

Bright MLS

APN: 11-017.20-127

Delaware New Castle County Newark 19702

228 W Edgewater Way, Newark, DE

Not Listed for Sale

Townhouses

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