$240,000
SOLD JUN 18, 2025

2408 Waters Edge Dr Unit 2408 Newark, DE 19702

3 Beds
2 Baths
2,038 Sq Ft
$306/mo HOA Fee

Recently Sold

$118 Per Sq Ft

4% Below List Price

14 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Penthouse
  • 1 Fireplace
  • Balcony

About This Home

As of June 2025

Penthouse Alert! This TWO level, 3 bedroom & 2 full bath unit has everything you have been searching for. With a bedroom and full bath on the first level and 2 bedrooms and a full bath on the second level...privacy is achievable. The first level is completed by a living room with fireplace and balcony, a dining room, kitchen (refrigerator and gas stove included) and laundry (washer & dryer included). Unit features lots of natural light and space. Enjoy some time on your large private balcony, the community pool or gym. The layout is very conducive for entertaining family and friends. Conveniently located near public transportation, entertainment, shopping and places of worship. Make an appointment today!

Last Agent to Sell the Property

Maximo Rodriguez

(302) 239-3021 mrodriguez@psre.com Patterson-Schwartz-Hockessin License #RS-0022403 Listed on: 05/13/2025

Patterson-Schwartz-Hockessin

Last Buyer's Agent

colin Hutt

colinhutt10@gmail.com Compass License #RS0039776

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,848

Year Built

  • Built in 1991

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Entry on the 1st floor
  • Wood Siding

Interior Spaces

  • 2,038 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1101700048C0227

Community Details

Overview

  • Association fees include all ground fee, appliance maintenance, exterior building maintenance, lawn maintenance, management, parking fee, pool(s), recreation facility, trash
  • Low-Rise Condominium
  • Waters Edge Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,848

Year Built

Built in 1991

Lot Details

0

HOA Fees

$306 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Bi-Level
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: Penthouse Alert! This TWO level, 3 bedroom & 2 full bath unit has everything you have been searching for. With a bedroom and full bath on the first level and 2 bedrooms and a full bath on the second level...privacy is achievable. The first level is completed by a living room with fireplace and balcony, a dining room, kitchen (refrigerator and gas stove included) and laundry (washer & dryer included). Unit features lots of natural light and space. Enjoy some time on your large private balcony, the community pool or gym. The layout is very conducive for entertaining family and friends. Conveniently located near public transportation, entertainment, shopping and places of worship. Make an appointment today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Living Area Units: Square Feet
  • Total Sq Ft: 2038
  • Living Area Sq Ft: 2038
  • Price Per Sq Ft: 122.62
  • Above Grade Finished Sq Ft: 2038
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2408

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: Concrete, Wood Siding
  • Exterior Features: Sidewalks, Street Lights
  • 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 Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 306.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Exercise Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Appliance Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Parking Fee, Pool(s), Recreation Facility, Trash
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Lease: No
  • Outdoor Living Structures: Balcony
  • Zoning: NCAP-UDC APERTMENTS
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1848.00
  • Assessor Parcel Number: 1101700048C0227
  • Tax Year: 2024
  • Close Date: 06/18/2025

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2025
Closed on
Jun 18, 2025
Sold by
Mun Hwajin
Bought by
Sadhu Venkata Ratnam
Seller's Agent
Maximo Rodriguez
Patterson-Schwartz-Hockessin
Buyer's Agent
colin Hutt
Compass
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Views
175
Current Estimated Value
$243,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,952
Avg. Annual Appreciation
5.07%
Original Mortgage
$168,000
Outstanding Balance
$167,564
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$76,388

Purchase Details

Closed on
Mar 16, 2007
Sold by
Sachetti Maribeth
Bought by
Mun Hwajin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2003
Sold by
Hydrim Co Llc
Bought by
Sachetti Maribeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,115
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $240,000 None Listed On Document
Deed $155,000 None Available
Deed $111,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,000 New Conventional
Previous Owner $124,000 Purchase Money Mortgage
Previous Owner $95,115 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2025 06/18/25 Sold $240,000 -4.0% $118 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $249,900 0.0% $123 / Sq Ft
03/17/2017 03/17/17 Rented $1,200 0.0% --
02/27/2017 02/27/17 Under Contract -- -- --
11/09/2016 11/09/16 For Rent $1,200 +9.6% --
02/15/2016 02/15/16 Rented $1,095 0.0% --
12/10/2015 12/10/15 Under Contract -- -- --
12/08/2015 12/08/15 For Rent $1,095 -8.4% --
10/12/2013 10/12/13 Rented $1,195 -2.4% --
09/20/2013 09/20/13 Under Contract -- -- --
04/29/2013 04/29/13 For Rent $1,225 -- --
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 $1,797 $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 $1,710 $43,400 $8,000 $35,400
2019 $1,567 $43,400 $8,000 $35,400
2018 $1,471 $43,400 $8,000 $35,400
2017 $1,419 $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: DENC2081618

Bright MLS

APN: 11-017.00-048.C-0227