NOT LISTED FOR SALE

2406 Waters Edge Dr Unit 2406 Newark, DE 19702

Estimated Value: $220,000 - $234,000

3 Beds
2 Baths
-- Sq Ft
$276/mo HOA Fee

Last Sold August 03, 2020

Last sale price $149,000

Est. 53% increase in value since last sale

Current estimated payment $1,642/month

20 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Community Pool
  • Clubhouse
  • Main Floor Bedroom
  • Balcony

About This Home

As of August 2020

This Carefree Condo with a Modern & Stylish 2-story Townhome Floor plan has so much to offer. The superb location is minutes to shopping and restaurants, a short distance to I95 and close proximity to the University of Delaware and it's STAR Campus and the Newark Train Station. Great location for Commuters, College Students, Professors, First Time Home Buyers, Investors or someone looking to Down Size. No matter which Buyer you are, this property will check so many of your boxes! There is a waterfront community swimming pool, a club house and exercise center all included in the very reasonable monthly condo fee. Enjoy the water view walking paths and nearby parks. Spacious and dramatic first floor with tiled floors. Attractive living room with fireplace and doors to private rear porch. A main level Bedroom and updated full bathroom. The galley style kitchen has gas cooking and a pass through to dining room with breakfast bar and seating. There is also a large storage closet and a full sized laundry room with extra storage space. Upstairs are two over-sized bedrooms, one with fully organized closet and the other with walk-in closet. Both have high ceilings and ceiling fans and are separated by a sundrenched full bathroom with skylight. This townhome style condo is a rare find in a unique community. Don't wait to schedule your tour, you will love living on the Water's Edge.

Last Agent to Sell the Property

Kathy Melcher

(302) 379-3351 klmelcher@msn.com Coldwell Banker Rowley Realtors License #RS-0019961 Listed on: 05/11/2020

Coldwell Banker Rowley Realtors

Last Buyer's Agent

Thomas Martin

(267) 496-0976 tmartin@ahfr.com BHHS Fox & Roach-Rosemont License #RS334438

BHHS Fox & Roach-Rosemont

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,511

Year Built

  • Built in 1999

Lot Details

  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $276 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Skylights
  • Screen For Fireplace
  • Fireplace Mantel
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Parking Permit Included

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 048.C.0225
  • Assessor Parcel Number 11-017.00-048.C.0225

Community Details

Overview

  • $552 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, management, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Waters Edge Subdivision
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,511

Year Built

Built in 1999

Lot Details

0

HOA Fees

$276 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Exclusions: Tenant's Personal Property
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1999
  • Remarks Public: This Carefree Condo with a Modern & Stylish 2-story Townhome Floor plan has so much to offer. The superb location is minutes to shopping and restaurants, a short distance to I95 and close proximity to the University of Delaware and it's STAR Campus and the Newark Train Station. Great location for Commuters, College Students, Professors, First Time Home Buyers, Investors or someone looking to Down Size. No matter which Buyer you are, this property will check so many of your boxes! There is a waterfront community swimming pool, a club house and exercise center all included in the very reasonable monthly condo fee. Enjoy the water view walking paths and nearby parks. Spacious and dramatic first floor with tiled floors. Attractive living room with fireplace and doors to private rear porch. A main level Bedroom and updated full bathroom. The galley style kitchen has gas cooking and a pass through to dining room with breakfast bar and seating. There is also a large storage closet and a full sized laundry room with extra storage space. Upstairs are two over-sized bedrooms, one with fully organized closet and the other with walk-in closet. Both have high ceilings and ceiling fans and are separated by a sundrenched full bathroom with skylight. This townhome style condo is a rare find in a unique community. Don't wait to schedule your tour, you will love living on the Water's Edge.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Range Hood, Washer, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Combination Dining/Living, Entry Level Bedroom, Kitchen - Galley, Skylight(s), Sprinkler System, Bathroom - Tub Shower, Walk-In Closet(s)
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2406

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Permit Included
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 276.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Pool - Outdoor, Swimming Pool, Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 552.00

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Porch(es)
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: NCAP
  • In City Limits: No

Rental Info

  • Total Actual Rent: 16200.00
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1153.00
  • Tax Annual Amount: 1511.00
  • Assessor Parcel Number: 11-017.00-048.C.0225
  • Tax Lot: 048.C.0225
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/03/2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Aug 3, 2020
Sold by
Rodriguez Noemi
Bought by
Havelow Wanda D
Seller's Agent
Kathy Melcher
Coldwell Banker Rowley Realtors
Buyer's Agent
Thomas Martin
BHHS Fox & Roach-Rosemont
List Price
$152,900
Sold Price
$149,000
Premium/Discount to List
-$3,900
-2.55%
Current Estimated Value
$228,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,593
Avg. Annual Appreciation
8.67%
Original Mortgage
$85,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2017
Closed on
Feb 15, 2018
Sold by
Dukes Troy
Bought by
Rodriguez Noemi
Seller's Agent
Team Freebery
EXP Realty, LLC
Buyer's Agent
Barbara Burlingame
Century 21 Gold Key Realty
List Price
$135,000
Sold Price
$132,500
Premium/Discount to List
-$2,500
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$125,875
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2004
Sold by
Hydrim Llc
Bought by
Dukes Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
5.67%
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
Havelow Wanda D $149,000 None Available
Rodriguez Noemi -- None Available
Dukes Troy $111,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Havelow Wanda D $85,000
Previous Owner Rodriguez Noemi $125,875
Previous Owner Dukes Troy $108,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2020 08/03/20 Sold $149,000 -2.6% --
05/31/2020 05/31/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $152,900 +15.4% --
02/15/2018 02/15/18 Sold $132,500 0.0% -- View Prior Sale
01/06/2018 01/06/18 Pending -- -- --
01/05/2018 01/05/18 Off Market $132,500 -- --
11/16/2017 11/16/17 Price Changed $132,500 -1.9% --
09/26/2017 09/26/17 For Sale $135,000 -- --
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 $1,848 $43,400 $8,000 $35,400
2023 $1,797 $43,400 $8,000 $35,400
2022 $1,793 $43,400 $8,000 $35,400
2021 $1,755 $43,400 $8,000 $35,400
2020 $0 $43,400 $8,000 $35,400
2019 $1,614 $43,400 $8,000 $35,400
2018 $138 $43,400 $8,000 $35,400
2017 $1,416 $43,400 $8,000 $35,400
2016 $1,416 $43,400 $8,000 $35,400
2015 $1,290 $43,400 $8,000 $35,400
2014 $1,289 $43,400 $8,000 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC500954

Bright MLS

APN: 11-017.00-048.C-0225