NOT LISTED FOR SALE

2507 Waters Edge Dr Unit 2507 Newark, DE 19702

Estimated Value: $182,000 - $231,000

2 Beds
2 Baths
-- Sq Ft
$268/mo HOA Fee

Last Sold July 08, 2020

Last sale price $130,000

Est. 62% increase in value since last sale

Current estimated payment $1,543/month

8 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Cathedral Ceiling
  • Open Floorplan
  • Traditional Architecture
  • Wood Flooring

About This Home

As of July 2020

Visit this home virtually: http://www.vht.com/434063519/IDXS - Welcome to the unique community of Waters Edge! This former model unit showcases an open concept. You'll notice the beautiful hardwood floors, and high ceilings right away. A corner fireplace and private balcony keep the space feeling cozy. There are 2 spacious bedrooms with ample closet space, the Master bed/bath combo is an owners retreat. Conveniently located to the University of Delaware, I-95, and shopping. The condo fee includes pool, clubhouse, fitness center, trash and snow removal, exterior maintenance, lawn maintenance, and basic cable. Care free enjoyable living at a great value!

Last Agent to Sell the Property

Peggy Centrella

Patterson-Schwartz-Hockessin License #RS-0022047 Listed on: 05/19/2020

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Sylvia Rodriguez

BHHS Fox & Roach-Christiana License #R3-0011589

BHHS Fox & Roach-Christiana

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,267

Year Built

  • Built in 2001

HOA Fees

  • $268 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

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

Utilities

  • Central Heating and Cooling System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Owned Propane
  • Propane Water Heater

Additional Features

  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 11-017.00-048.C.0234

Community Details

Overview

  • Association fees include cable TV, common area maintenance, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Waters Edge Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,267

Year Built

Built in 2001

Lot Details

0

HOA Fees

$268 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2001
  • Remarks Public: Visit this home virtually: http://www.vht.com/434063519/IDXS - Welcome to the unique community of Waters Edge! This former model unit showcases an open concept. You'll notice the beautiful hardwood floors, and high ceilings right away. A corner fireplace and private balcony keep the space feeling cozy. There are 2 spacious bedrooms with ample closet space, the Master bed/bath combo is an owners retreat. Conveniently located to the University of Delaware, I-95, and shopping. The condo fee includes pool, clubhouse, fitness center, trash and snow removal, exterior maintenance, lawn maintenance, and basic cable. Care free enjoyable living at a great value!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Dining Area, Floor Plan - Open, Primary Bath(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Has Laundry
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2507

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: Wood Siding
  • 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
  • Electric Service: Circuit Breakers
  • Heating Fuel: Central, Propane - Owned
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 268.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Fitness Center
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Lease: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: 100.00
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 4838925
  • School Tax: 967.00
  • Tax Annual Amount: 1267.00
  • Assessor Parcel Number: 11-017.00-048.C.0234
  • Tax Year: 2019
  • Close Date: 07/08/2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 6, 2020
Sold by
Davis Andre
Bought by
Brea Jorge
Seller's Agent
Peggy Centrella
Patterson-Schwartz-Hockessin
Buyer's Agent
Sylvia Rodriguez
BHHS Fox & Roach-Christiana
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$210,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,226
Avg. Annual Appreciation
8.27%
Original Mortgage
$97,500
Outstanding Balance
$87,414
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$107,882

Purchase Details

Closed on
Oct 7, 2008
Sold by
Blubaugh Lauren E
Bought by
Davis Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Dougherty John J
Bought by
Blubaugh Lauren E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2004
Sold by
Hydrim Co Llc
Bought by
Dougherty John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,900
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
Brea Jorge -- None Available
Davis Andre $133,000 None Available
Blubaugh Lauren E $144,900 None Available
Dougherty John J $101,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brea Jorge $97,500
Previous Owner Davis Andre $101,500
Previous Owner Davis Andre $100,000
Previous Owner Blubaugh Lauren E $115,900
Previous Owner Doughtery John Joseph $104,000
Previous Owner Doughtery John Joseph $23,200
Previous Owner Dougherty John J $22,547
Previous Owner Dougherty John J $101,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $130,000 0.0% --
05/27/2020 05/27/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $130,000 -- --
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 $1,550 $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 $1,472 $36,400 $6,800 $29,600
2020 $0 $36,400 $6,800 $29,600
2019 $1,357 $36,400 $6,800 $29,600
2018 $92 $36,400 $6,800 $29,600
2017 $1,187 $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

  • Peggy Centrella

    Seller's Agent in 2020

    Peggy Centrella

    Patterson Schwartz

    (302) 234-5229

    11 in this area

    293 Total Sales

    Section Image
  • Sylvia Rodriguez

    Buyer's Agent in 2020

    Sylvia Rodriguez

    BHHS Fox & Roach

    (302) 250-1399

    21 Total Sales

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Map

Source: Bright MLS

MLS Number: DENC501596

Bright MLS

APN: 11-017.00-048.C-0234

Delaware New Castle County Newark 19702

2507 Waters Edge Dr Unit 2507, Newark, DE

This home is located at 2507 Waters Edge Dr Unit 2507, Newark, DE 19702 since 19 May 2020 and is currently estimated at $213,232. This property was built in 2001. 2507 Waters Edge Dr Unit 2507 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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