NOT LISTED FOR SALE

2403 Waters Edge Dr Unit 2403 Newark, DE 19702

Estimated Value: $184,000 - $211,961

1 Bed
1 Bath
-- Sq Ft
$202/mo HOA Fee

Last Sold December 13, 2016

Last sale price $63,000

Est. 215% increase in value since last sale

Current estimated payment $1,369/month

Highlights

  • Clubhouse
  • Community Pool
  • Cooling System Utilizes Bottled Gas
  • 1 Fireplace
  • Breakfast Area or Nook
  • Living Room

About This Home

As of December 2016

Great opportunity for an owner occupant or investor to purchase in Waters Edge. The property offers an open floor plan. The features include: large living room with fireplace, dining area, kitchen, laundry room, full bath and a nice size bedroom. Other notable features are: rear patio, first floor unit, high ceilings and much more. A renovation loan would be a great choice of financing for this unit. The property is located close to shopping, public transportation, and major highways. The property is being sold strictly in as-is condition.

Last Agent to Sell the Property

Robert Miller

(302) 656-0251 bob@hometopic.com Luke Real Estate License #RB-0020438 Listed on: 10/28/2016

Last Buyer's Agent

Mike Riches

(302) 690-6453 mriches@loftteamde.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • Property is in below average condition

HOA Fees

  • $202 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Living Room
  • Dining Room
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Air
  • Heating System Uses Propane
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 048.C.0222
  • Assessor Parcel Number 11-017.00-048.C.0222

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

0

HOA Fees

$202 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1999
  • Remarks Public: Great opportunity for an owner occupant or investor to purchase in Waters Edge. The property offers an open floor plan. The features include: large living room with fireplace, dining area, kitchen, laundry room, full bath and a nice size bedroom. Other notable features are: rear patio, first floor unit, high ceilings and much more. A renovation loan would be a great choice of financing for this unit. The property is located close to shopping, public transportation, and major highways. The property is being sold strictly in as-is condition.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Floors In Unit Count: 1
  • Room Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Street Number Modifier: 2403

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 202.00
  • 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
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 26700.00
  • Land Assessed Value: 5900.00
  • Lot Size Units: Square Feet
  • Property Condition: Below Average
  • Zoning: NCAP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4838913
  • Tax Annual Amount: 969.00
  • Assessor Parcel Number: 11-017.00-048.C.0222
  • Tax Lot: 048.C.0222
  • Tax Year: 2015
  • Close Date: 12/13/2016

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2016
Closed on
Dec 12, 2016
Sold by
Rushmore Loan Management Services Llc
Bought by
Zych Deborah
Seller's Agent
Robert Miller
Luke Real Estate
Buyer's Agent
Mike Riches
Long & Foster Real Estate, Inc.
List Price
$59,900
Sold Price
$63,000
Premium/Discount to List
$3,100
5.18%
Current Estimated Value
$198,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,654
Avg. Annual Appreciation
13.89%

Purchase Details

Listed on
Oct 28, 2016
Closed on
Oct 19, 2016
Sold by
Maag Bruce E and The Estate Of Shirley T Maag
Bought by
Wilmington Savings Fund Society
Seller's Agent
Robert Miller
Luke Real Estate
Buyer's Agent
Mike Riches
Long & Foster Real Estate, Inc.
List Price
$59,900
Sold Price
$63,000
Premium/Discount to List
$3,100
5.18%

Purchase Details

Closed on
May 30, 2008
Sold by
Westport Ii Llc
Bought by
Maag Shirley T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,115
Interest Rate
6.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2004
Sold by
Hydrim Co Llc
Bought by
Westport Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Zych Deborah $63,000 None Available
Wilmington Savings Fund Society $112,021 None Available
Maag Shirley T $122,000 Old Republic National Title
Westport Ii Llc $933,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maag Shirley T $120,115
Previous Owner Westport Ii Llc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2016 12/13/16 Sold $63,000 +5.2% --
11/23/2016 11/23/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $59,900 -- --
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 $1,350 $32,600 $5,900 $26,700
2022 $1,347 $32,600 $5,900 $26,700
2021 $1,319 $32,600 $5,900 $26,700
2020 $1,284 $32,600 $5,900 $26,700
2019 $1,199 $32,600 $5,900 $26,700
2018 $1,105 $32,600 $5,900 $26,700
2017 $1,066 $32,600 $5,900 $26,700
2016 $1,063 $32,600 $5,900 $26,700
2015 $969 $32,600 $5,900 $26,700
2014 $968 $32,600 $5,900 $26,700
Source: Public Records

Agents Affiliated with this Home

  • Robert Miller

    Seller's Agent in 2016

    Robert Miller

    Luke Real Estate

    (302) 656-0251

    2 in this area

    113 Total Sales

    Robert Miller
    Section Image
  • Mike Riches

    Buyer's Agent in 2016

    Mike Riches

    Long & Foster

    (302) 690-6453

    2 in this area

    103 Total Sales

    Mike Riches
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003957661

Bright MLS

APN: 11-017.00-048.C-0222

Delaware New Castle County Newark 19702

2403 Waters Edge Dr Unit 2403, Newark, DE

This home is located at 2403 Waters Edge Dr Unit 2403, Newark, DE 19702 since 28 October 2016 and is currently estimated at $198,654. This property was built in 1999. 2403 Waters Edge Dr Unit 2403 is a home located in New Castle County with nearby schools including Henry M. Brader Elementary School, Gauger-Cobbs Middle School, and Glasgow High School.

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