NOT LISTED FOR SALE

2506 Waters Edge Dr Unit 6 Newark, DE 19702

Estimated Value: $216,000 - $246,000

2 Beds
2 Baths
1,000 Sq Ft
$265/mo HOA Fee

Last Sold August 28, 2023

Last sale price $200,000 $200 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,631/month

2 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Laundry Room
  • Contemporary Architecture
  • Living Room
  • En-Suite Primary Bedroom

About This Home

As of August 2023

Open living room and dining room area with newer low maintenance flooring. The living room features a wood burning fireplace. The kitchen opens up to the dining room with a quaint breakfast bar area. Enjoy the extra storage area discretely located in the dining room area behind the sliding mirrored doors. The Primary bedroom has a newly updated private bathroom with walk in shower. Both of the bedrooms and the living are equipped with ceiling fans. You will love your sizable private balcony with a serene setting overlooking seasoned trees. Sit back and relax all year long with no exterior maintenance. There are also beautiful ponds at the center of the community, an inground pool for summer fun and an exercise room to enjoy all year round. The water heater is only 4 years old! Convenient access to I-95, University of Delaware, Shopping and Restaurants and Main Street Newark. Room measurements and square footage figures are estimates. Conventional or Cash only. Please have a Conventional Pre-approval dated within 30 days with a local lender (no internet lenders) or Proof of funds in hand before touring.

Last Agent to Sell the Property

Wendy Henderson

RE/MAX Associates-Hockessin License #RS322475 Listed on: 07/31/2023

RE/MAX Associates-Hockessin

Last Buyer's Agent

Donna Weed

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,504

Year Built

  • Built in 2002

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

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

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Metered Propane
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 048.C.0233
  • Assessor Parcel Number 11-017.00-048.C.0233

Community Details

Overview

  • $530 Capital Contribution Fee
  • Association fees include lawn maintenance, trash, common area maintenance, exterior building maintenance
  • Low-Rise Condominium
  • Waters Edge Condos
  • Waters Edge Subdivision
  • Property Manager

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,504

Year Built

Built in 2002

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer and Refrigerator in as-is condition.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-01
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 2
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 194.50
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2506

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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
  • 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 - Metered
  • Heating Type: 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: 265.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Waters Edge
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Exercise Room
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Trash, Common Area Maintenance, Ext Bldg Maint
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 530.00

Schools

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2022
  • Zoning: NCAP
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Size/Weight Restriction, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1203.00
  • Tax Annual Amount: 1504.00
  • Assessor Parcel Number: 11-017.00-048.C.0233
  • Tax Lot: 048.C.0233
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/28/2023

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Aug 28, 2023
Sold by
Miller Timothy
Bought by
Fingall Kerriann
Seller's Agent
Wendy Henderson
RE/MAX Associates-Hockessin
Buyer's Agent
Donna Weed
Long & Foster Real Estate, Inc.
List Price
$194,499
Sold Price
$200,000
Premium/Discount to List
$5,501
2.83%
Views
200
Current Estimated Value
$227,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,082
Avg. Annual Appreciation
1.39%
Original Mortgage
$190,000
Outstanding Balance
$185,496
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$20,050

Purchase Details

Closed on
May 29, 2009
Sold by
Westport Ii Llc
Bought by
Miller Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

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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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
Fingall Kerriann -- None Listed On Document
Miller Timothy $127,000 Lawyers Title Insurance Corp
Westport Ii Llc $933,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fingall Kerriann $190,000
Previous Owner Miller Timothy $102,000
Previous Owner Miller Timothy $114,300
Previous Owner Westport Ii Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $200,000 +2.8% $200 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $194,499 -- $194 / 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 $1,550 $36,400 $6,800 $29,600
2023 $1,508 $36,400 $6,800 $29,600
2022 $1,504 $36,400 $6,800 $29,600
2021 $38 $36,400 $6,800 $29,600
2020 $1,434 $36,400 $6,800 $29,600
2019 $1,409 $36,400 $6,800 $29,600
2018 $1,234 $36,400 $6,800 $29,600
2017 $1,190 $36,400 $6,800 $29,600
2016 $1,187 $36,400 $6,800 $29,600
2015 $1,082 $36,400 $6,800 $29,600
2014 $1,081 $36,400 $6,800 $29,600
Source: Public Records

Agents Affiliated with this Home

  • Wendy Henderson

    Seller's Agent in 2023

    Wendy Henderson

    RE/MAX

    (302) 383-9194

    5 in this area

    39 Total Sales

    Section Image
  • Donna Weed

    Buyer's Agent in 2023

    Donna Weed

    Long & Foster

    (302) 981-6388

    6 in this area

    74 Total Sales

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Map

Source: Bright MLS

MLS Number: DENC2040578

Bright MLS

APN: 11-017.00-048.C-0233

Delaware New Castle County Newark 19702

2506 Waters Edge Dr Unit 6, Newark, DE

This home is located at 2506 Waters Edge Dr Unit 6, Newark, DE 19702 since 31 July 2023 and is currently estimated at $230,682, approximately $230 per square foot. This property was built in 2002. 2506 Waters Edge Dr Unit 6 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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