NOT LISTED FOR SALE

2703 Waters Edge Dr Unit 3 Newark, DE 19702

Estimated Value: $178,000 - $203,408

1 Bed
1 Bath
-- Sq Ft
$249/mo HOA Fee

Last Sold June 05, 2023

Last sale price $150,000

Est. 29% increase in value since last sale

Current estimated payment $1,393/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Tankless Water Heater
  • Back Up Electric Heat Pump System
  • Community Pool
  • Central Air

About This Home

As of June 2023

Beautiful, quaint 1 BR, 1Bath ground floor condo in popular Waters Edge community. You will have a difficult time finding such a cozy condo with wood burning fireplace, all updated mechanical equipment and modern amenities at this price anywhere in NCCo. This one just happens to be in a popular development, close to supermarket, stores, restaurants, University of Delaware campus and I-95. Heat pump replaced in 2023, on demand tankless water heater also installed in 2023. Washer, Dryer, Refrigerator included.

Last Agent to Sell the Property

Michael Milligan

(302) 299-3756 mike@emeraldc21.com Century 21 Emerald License #RA-0031003 Listed on: 05/01/2023

Century 21 Emerald

Last Buyer's Agent

Caitlin Cohen

(302) 307-3307 caitlintherealtor@gmail.com Crown Homes Real Estate License #RS0038325

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,347

Year Built

  • Built in 2001

HOA Fees

  • $249 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • Property has 1 Level
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Heating System Powered By Leased Propane
  • Tankless Water Heater
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 048.C.0246
  • Assessor Parcel Number 11-017.00-048.C.0246

Community Details

Overview

  • $548 Capital Contribution Fee
  • Association fees include pool(s), health club, snow removal, common area maintenance
  • Low-Rise Condominium
  • Waters Edge Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,347

Year Built

Built in 2001

Lot Details

0

HOA Fees

$249 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
  • Inclusions: Washer, dryer, refrigerator
  • New Construction: No
  • Story List: Main
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful, quaint 1 BR, 1Bath ground floor condo in popular Waters Edge community. You will have a difficult time finding such a cozy condo with wood burning fireplace, all updated mechanical equipment and modern amenities at this price anywhere in NCCo. This one just happens to be in a popular development, close to supermarket, stores, restaurants, University of Delaware campus and I-95. Heat pump replaced in 2023, on demand tankless water heater also installed in 2023. Washer, Dryer, Refrigerator included.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Room Count: 4
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2703

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Spa: No
  • 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
  • Monthly Average Electric: 50
  • Previous Twelve Months Electric Expense: 600.00
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Tankless, Propane
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 25
  • Water Previous Twelve Months: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 249.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Pool(s), Health Club, Snow Removal, Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 548.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 26700.00
  • Land Assessed Value: 5900.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2022
  • Zoning: NCAP
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4838933
  • School Tax: 1077.00
  • Tax Annual Amount: 1347.00
  • Assessor Parcel Number: 11-017.00-048.C.0246
  • Tax Lot: 048.C.0246
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/05/2023

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2018
Sold by
Nafri Properties Llc
Bought by
Twitty John Cameron
Current Estimated Value
$193,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,605
Outstanding Balance
$70,723
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$123,080

Purchase Details

Closed on
Nov 12, 2012
Sold by
Hisamuddin Irfan M
Bought by
Nafri Properties Llc

Purchase Details

Closed on
May 2, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Hisamuddin Irfan M

Purchase Details

Closed on
Mar 20, 2012
Sold by
Colon Lillian
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 3, 2005
Sold by
Titerence Paula
Bought by
Colon Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
5.78%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 26, 2004
Sold by
Hydrim Co Llc
Bought by
Titerence Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.56%
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
Twitty John Cameron -- None Available
Nafri Properties Llc -- None Available
Hisamuddin Irfan M $59,000 None Available
Deutsche Bank National Trust Company $57,008 None Available
Colon Lillian $96,000 --
Titerence Paula $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twitty John Cameron $81,605
Previous Owner Colon Lillian $91,200
Previous Owner Titerence Paula $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2023 06/05/23 Sold $150,000 0.0% --
05/05/2023 05/05/23 Pending -- -- --
05/05/2023 05/05/23 Price Changed $150,000 +15.4% --
05/01/2023 05/01/23 For Sale $129,999 -- --
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 $1,388 $32,600 $5,900 $26,700
2023 $1,350 $32,600 $5,900 $26,700
2022 $1,347 $32,600 $5,900 $26,700
2021 $1,319 $32,600 $5,900 $26,700
2020 $1,284 $32,600 $5,900 $26,700
2019 $1,136 $32,600 $5,900 $26,700
2018 $1,105 $32,600 $5,900 $26,700
2017 $1,066 $32,600 $5,900 $26,700
2016 $1,063 $32,600 $5,900 $26,700
2015 -- $32,600 $5,900 $26,700
2014 -- $32,600 $5,900 $26,700
Source: Public Records

Agents Affiliated with this Home

  • Michael Milligan

    Seller's Agent in 2023

    Michael Milligan

    Century 21 Emerald

    (302) 299-3756

    1 in this area

    61 Total Sales

    Michael Milligan
    Section Image
  • Caitlin Cohen

    Buyer's Agent in 2023

    Caitlin Cohen

    Crown Homes Real Estate

    (302) 307-3307

    1 in this area

    17 Total Sales

    Caitlin Cohen
    Section Image
  • Kristen Rosaio

    Buyer Co-Listing Agent in 2023

    Kristen Rosaio

    Crown Homes Real Estate

    (302) 463-5477

    10 in this area

    227 Total Sales

    Kristen Rosaio
    Section Image
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Map

Source: Bright MLS

MLS Number: DENC2042042

Bright MLS

APN: 11-017.00-048.C-0246

Delaware New Castle County Newark 19702

2703 Waters Edge Dr Unit 3, Newark, DE

This home is located at 2703 Waters Edge Dr Unit 3, Newark, DE 19702 since 01 May 2023 and is currently estimated at $193,803. This property was built in 2001. 2703 Waters Edge Dr Unit 3 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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