NOT LISTED FOR SALE

2603 Waters Edge Dr Unit 2603 Newark, DE 19702

Glasgow Neighborhood

Estimated Value: $207,000 - $229,000

2 Beds
2 Baths
-- Sq Ft
$260/mo HOA Fee

Last Sold March 25, 2019

Last sale price $147,500

Est. 46% increase in value since last sale

Current estimated payment $1,595/month

5 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Community Pool
  • Water Oriented
  • Upgraded Countertops
  • Stainless Steel Appliances

About This Home

As of March 2019

This ground level 2 bedroom/ 2 bath end unit condo has been completely renovated and remodeled with quality and style in mind. All rooms are newly painted and include COREtec luxury vinyl flooring, LED lighting, and 6 baseboards. Crown molding can be found in bedrooms and living areas. Be the lucky one to own and enjoy this rare find in Waters Edge. The kitchen is equipped with custom cabinets and granite countertops that extend out for bar stool seating in the dining room area. All new stainless steel Whirlpool kitchen appliances, as well as a stainless steel hood above the gas stove. The custom pantry closet is located close by in the laundry room, which features a new LG washer and dryer. The dining room area offers extra seating at the bar top which is overlooked by an accent wall highlighted with recessed lighting. A modern light fixture is located in the dining area. The living room features a floor to ceiling tiled wood burning fireplace which is TV mount ready (HDMI/ Ethernet/ Electrical wiring). This room has a new sliding exterior glass door, with built in blinds, that opens to the private patio. A remote controlled ceiling fan offers lighting and air circulation to the living area. Bathrooms include modern light fixtures and custom vanities topped with granite. The master bath shower is tiled floor to ceiling and enclosed by a sliding glass door. The main bath has a bathtub shower combo tiled from tub to ceiling. Both bedrooms have mirrored glass closet doors and remote controlled ceiling fans. The community boasts an outdoor pool, water views, fitness center, and plenty of parking. Condo fee includes exterior maintenance, lawn care, snow removal, trash pickup, pool, clubhouse with fitness center and basic cable. Very convenient location: close to U of Del, I-95, restaurants, shopping.

Last Agent to Sell the Property

Hermetta Harper

Patterson-Schwartz-Hockessin Listed on: 03/01/2019

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Hermetta Harper

Patterson-Schwartz-Hockessin Listed on: 03/01/2019

Patterson-Schwartz-Hockessin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1991

Lot Details

  • Property is in very good condition

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Accessible Home Design

  • Halls are 48 inches wide or more
  • Doors swing in

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Patio
  • Outdoor Storage

Schools

  • Christiana High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Vented Exhaust Fan
  • High-Efficiency Water Heater
  • Propane Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 11-017.00-048.C.0238

Community Details

Overview

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

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,253

Year Built

Built in 1991

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 48"+ Halls, Doors - Swing In
  • Ownership: Condominium
  • Exclusions: Bar Stools
  • Home Warranty: No
  • Inclusions: Refrigerator, Washer, Dryer, Microwave
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1991
  • Remarks Public: This ground level 2 bedroom/ 2 bath end unit condo has been completely renovated and remodeled with quality and style in mind. All rooms are newly painted and include COREtec luxury vinyl flooring, LED lighting, and 6 baseboards. Crown molding can be found in bedrooms and living areas. Be the lucky one to own and enjoy this rare find in Waters Edge. The kitchen is equipped with custom cabinets and granite countertops that extend out for bar stool seating in the dining room area. All new stainless steel Whirlpool kitchen appliances, as well as a stainless steel hood above the gas stove. The custom pantry closet is located close by in the laundry room, which features a new LG washer and dryer. The dining room area offers extra seating at the bar top which is overlooked by an accent wall highlighted with recessed lighting. A modern light fixture is located in the dining area. The living room features a floor to ceiling tiled wood burning fireplace which is TV mount ready (HDMI/ Ethernet/ Electrical wiring). This room has a new sliding exterior glass door, with built in blinds, that opens to the private patio. A remote controlled ceiling fan offers lighting and air circulation to the living area. Bathrooms include modern light fixtures and custom vanities topped with granite. The master bath shower is tiled floor to ceiling and enclosed by a sliding glass door. The main bath has a bathtub shower combo tiled from tub to ceiling. Both bedrooms have mirrored glass closet doors and remote controlled ceiling fans. The community boasts an outdoor pool, water views, fitness center, and plenty of parking. Condo fee includes exterior maintenance, lawn care, snow removal, trash pickup, pool, clubhouse with fitness center and basic cable. Very convenient location: close to U of Del, I-95, restaurants, shopping.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - High-Efficiency
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Bar, Ceiling Fan(s), Crown Moldings, Floor Plan - Open, Primary Bath(s), Pantry, Recessed Lighting, Stall Shower, Upgraded Countertops, Wainscotting
  • Window Features: Double Pane
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Kitchen, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2603

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
  • Exterior Features: Secure Storage
  • Roof: Asphalt
  • Water Access: No
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • 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: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available, Propane
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 260.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Fitness Center, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Horses: No
  • Land Assessed Value: 6800.00
  • Land Lease: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4838927
  • Tax Annual Amount: 1253.00
  • Assessor Parcel Number: 11-017.00-048.C.0238
  • Tax Year: 2018
  • Close Date: 03/25/2019

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Morgan Lilly
Bought by
Perez Ana V and Ryan Jodey R
Total Days on Market
5
Current Estimated Value
$214,816

Purchase Details

Listed on
Mar 1, 2019
Closed on
Mar 21, 2019
Sold by
Olsen Andrew Nathan and Olsen Heather Ann
Bought by
Lilly Morgan
Seller's Agent
Hermetta Harper
Patterson-Schwartz-Hockessin
Buyer's Agent
Hermetta Harper
Patterson-Schwartz-Hockessin
List Price
$147,500
Sold Price
$147,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%

Purchase Details

Listed on
Dec 6, 2017
Closed on
Apr 12, 2018
Sold by
Fannie Mae
Bought by
Olsen Andrew Nathan and Olsen Heather Ann
Seller's Agent
Richard Marcus
Partners Realty LLC
Buyer's Agent
Hermetta Harper
Patterson-Schwartz-Hockessin
List Price
$107,500
Sold Price
$67,000
Premium/Discount to List
-$40,500
-37.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
150.33%

Purchase Details

Closed on
Dec 21, 2017
Sold by
Ford Michael P and We Condo Council Inc
Bought by
Ditech Financial Llc and Federal National Mortgage Association

Purchase Details

Closed on
Aug 22, 2016
Sold by
Sheriff Of New Castle County
Bought by
W E Condo Council Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,173,173
Interest Rate
3.42%

Purchase Details

Closed on
Jan 28, 2005
Sold by
Westport Ii Llc
Bought by
Ford Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,400
Interest Rate
5.77%
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

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Range of Values:

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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
Perez Ana V $182,500 Kidde Consultants Inc
Lilly Morgan -- None Available
Olsen Andrew Nathan -- None Available
Ditech Financial Llc $80,200 None Available
W E Condo Council Inc $3,173,173 Attorney
Ford Michael P $123,900 --
Westport Ii Llc $933,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner W E Condo Council Inc $3,173,173
Previous Owner Ford Michael P $25,000
Previous Owner Ford Michael P $123,400
Previous Owner Westport Ii Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold $147,500 0.0% --
03/06/2019 03/06/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $147,500 +120.1% --
05/15/2018 05/15/18 Sold $67,000 -10.5% --
03/19/2018 03/19/18 Pending -- -- --
03/12/2018 03/12/18 Price Changed $74,900 -11.8% --
02/05/2018 02/05/18 Price Changed $84,900 -10.5% --
01/07/2018 01/07/18 Price Changed $94,900 -11.7% --
12/06/2017 12/06/17 For Sale $107,500 -- --
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 $3,110 $36,400 $6,800 $29,600
2020 $1,434 $36,400 $6,800 $29,600
2019 $1,323 $36,400 $6,800 $29,600
2018 $50 $36,400 $6,800 $29,600
2017 -- $36,400 $6,800 $29,600
2016 -- $36,400 $6,800 $29,600
2015 -- $36,400 $6,800 $29,600
2014 -- $36,400 $6,800 $29,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC416910

Bright MLS

APN: 11-017.00-048.C-0238