$67,000
SOLD MAY 15, 2018

2603 Waters Edge Dr Unit 2603 Newark, DE 19702

Glasgow Neighborhood
2 Beds
2 Baths
-- Sq Ft
$238/mo HOA Fee

Recently Sold

38% Below List Price

103 Days on Market

Highlights

  • Clubhouse
  • 1 Fireplace
  • Cooling System Utilizes Bottled Gas
  • Traditional Architecture
  • Community Pool
  • Patio

About This Home

As of March 2019

2 bedroom, 2 bath condo. Fireplace in living room, Rear patio. Enjoy the use of the association pool, health club, and club house. HomePath Ready Buyer? Program. First-Time Homebuyers, we encourage you to take this education course to prepare you for the responsibilities of homeownership. After completing the course, if you attach the course completion certificate to an initial offer and successfully negotiate a purchase of a HomePath property, you can request up to 3% closing cost assistance toward your purchase.Easy to Show. Schedule Your Tour Today.

Last Agent to Sell the Property

Richard Marcus

Partners Realty LLC License #RB-0002005 Listed on: 12/06/2017

Last Buyer's Agent

Hermetta Harper

Patterson-Schwartz-Hockessin

Patterson-Schwartz-Hockessin

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

HOA Fees

  • $238 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater

Listing and Financial Details

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

Community Details

Overview

  • Association fees include pool(s), common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, insurance, health club
  • Waters Edge Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 2001
  • Remarks Public: 2 bedroom, 2 bath condo. Fireplace in living room, Rear patio. Enjoy the use of the association pool, health club, and club house. HomePath Ready Buyer? Program. First-Time Homebuyers, we encourage you to take this education course to prepare you for the responsibilities of homeownership. After completing the course, if you attach the course completion certificate to an initial offer and successfully negotiate a purchase of a HomePath property, you can request up to 3% closing cost assistance toward your purchase.Easy to Show. Schedule Your Tour Today.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Street Number Modifier: 2603

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Access To Pool: Yes
  • 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 Type: Central A/C
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 238.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Club House
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Insurance, Health Club
  • HOA: No
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 29600.00
  • Land Assessed Value: 6800.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Zoning: NCAP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4838927
  • Tax Annual Amount: 1190.00
  • Assessor Parcel Number: 11-017.00-048.C.0238
  • Tax Lot: 048.C.0238
  • Tax Year: 2017
  • Close Date: 05/15/2018

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
Current Estimated Value
$223,579

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
6.09%

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

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 $182,500 Kidde Consultants Inc
Deed -- None Available
Deed -- None Available
Sheriffs Deed $80,200 None Available
Sheriffs Deed $3,173,173 Attorney
Deed $123,900 --
Deed $933,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,173,173 No Value Available
Previous Owner $25,000 Stand Alone Second
Previous Owner $123,400 Purchase Money Mortgage
Previous Owner $700,000 Purchase Money Mortgage
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: 1004280711

Bright MLS

APN: 11-017.00-048.C-0238