NOT LISTED FOR SALE

2703 Waters Edge Dr Unit 3 Newark, DE 19702

Glasgow Neighborhood

Estimated Value: $153,000 - $192,358

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

Last Sold June 05, 2023

Last sale price $150,000

Est. 17% increase in value since last sale

Current estimated payment $1,346/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

Century 21 Emerald License #RA-0031003 Listed on: 05/01/2023

Century 21 Emerald

Last Buyer's Agent

Caitlin Cohen

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

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
Total Days on Market
4
Current Estimated Value
$175,453

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
$71,601
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$103,852

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

Similar Homes in Newark, DE

  • 2004 Waters Edge Dr Unit 135, Newark, DE 19702

    $183,000

    • 1 Bed
    • 1 Bath
    • 2004 Waters Edge Dr
    • Unit 135
    • Newark, DE

    Location! Location! Location! This gem is a one bedroom one bath condo unit and is move in ready. Exterior is maintenance free with this condo lifestyle! Not only does this home have a spacious bedroom and hall bath! Ease of movement and living in this home on the first floor and all on one floor! There is a galley style kitchen Open sight line from kitchen to living / dining room combo makes it

    Randy Jernejcic EXP Realty, LLC

    Section Image
  • 1908 Waters Edge Dr Unit 129, Newark, DE 19702

    $205,000

    • 2 Beds
    • 2 Baths
    • 1908 Waters Edge Dr
    • Unit 129
    • Newark, DE

    This unit is located on the upper level of one of the buildings to the rear of the complex. The price reflects the need for cosmetic work needed and is available for immediate occupancy. This condo faces the parking lot but does have a fireplace and vaulted ceilings. The appliances are "newer" and the HVAC system has had upgrades. The complex has on-site trash removal and a car washing area

    Anne Menaquale RE/MAX Associates - Newark

    Section Image
  • 80 Welsh Tract Rd Unit 306, Newark, DE 19713

    $209,000

    • 2 Beds
    • 1 Bath
    • 1,070 Sq Ft
    • 80 Welsh Tract Rd
    • Unit 306
    • Newark, DE

    Terrific Opportunity to own a well-maintained 2BR/1Bath Condominium in a convenient location. Brand new stainless refrigerator, electric range and microwave just installed. Open concept floor plan in the Living Room, Kitchen and Dining Area. Community Pool, quiet 3rd floor location accessed by elevator. Professionally run Condominium Association. Ample parking. Easy access to I-95, Star Campus,

    Todd Ladutko Patterson-Woods & Associates

    Section Image
  • 64 Welsh Tract Rd Unit C102, Newark, DE 19713

    $205,000

    • 2 Beds
    • 2 Baths
    • 64 Welsh Tract Rd
    • Unit C102
    • Newark, DE

    Welcome to Villa Belmont, Building 64, unit 102. This is a 2 Bedroom and 2 full bathroom end unit 1st floor home is ready for new owners. Villa Belmont is centrally located within minutes of the University of Delaware, Newark Train station, I-95, Christiana hospital, Shopping and parks/nature trails. The enclosed balcony provides a ton of natural light and a peaceful location to relax. The

    Nikolina Novakovic Century 21 Gold Key Realty

    Section Image
  • 76 Welsh Tract Rd Unit F306, Newark, DE 19713

    $179,900

    • 2 Beds
    • 1 Bath
    • 76 Welsh Tract Rd
    • Unit F306
    • Newark, DE

    This 2-bedroom, 1-bath condo in the desirable Villa Belmont community (Unit 306) offers comfort, convenience, and scenic views of the pool and park-like grounds from its third-floor location—accessible by elevator. Within the last 30 days, the sellers have completed a series of updates, including brand-new luxury vinyl tile (LVT) flooring, fresh interior paint, updated ceiling lights, a new

    Walter Hurtt BHHS Fox & Roach-Concord

    Section Image
  • 84 Welsh Tract Rd Unit 311, Newark, DE 19713

    $199,900

    • 2 Beds
    • 2 Baths
    • 84 Welsh Tract Rd
    • Unit 311
    • Newark, DE

    Welcome to this 2BR/2BA end unit Condo in Villa Belmont on the third floor. There is an enclosed balcony off the living room with a private view that you, can enjoy anytime of the year. Kitchen has a new garbage disposal, updated cabinets/pantry with Pergo floors in Kitchen and Foyer area. Primary bathroom is updated with a corner shower and Pergo floors. Hall bathroom has been updated. The

    Sandra Lee Leeson Patterson-Schwartz-Newark

    Section Image
  • 3000 Fountainview Cir Unit 3113, Newark, DE 19713

    $205,000

    • 2 Beds
    • 2 Baths
    • 1,025 Sq Ft
    • 3000 Fountainview Cir
    • Unit 3113
    • Newark, DE

    Welcome to this beautiful, fully updated condo in the charming community of Fountainview. Everything is new including but not limited to the flooring, kitchen - refrigerator, dishwasher, electric smooth top range, microwave, baths, fresh paint, HVAC system, and water heater . Upon entering note the gorgeous kitchen with white 42" cabinetry, granite countertops, stainless steel appliances,

    Laurie Brown KW Empower

    Section Image
  • 1000 Fountainview Cir Unit 113, Newark, DE 19713

    $190,000

    • 2 Beds
    • 2 Baths
    • 1,025 Sq Ft
    • 1000 Fountainview Cir
    • Unit 113
    • Newark, DE

    Welcome to Unit 113 in the highly sought-after 1000 building of the Village of Fountainview—a beautifully maintained garden-level home in a premier 55+ community. Perfectly situated just minutes from The Grove Shopping Center, you'll have convenient access to an array of shopping and dining options. The Newark Senior Center, offering a variety of daily activities, is just around the corner, while

    Evan Ward ELM Properties

    Section Image
  • 1000 Fountainview Cir Unit 206, Newark, DE 19713

    $185,000

    • 2 Beds
    • 2 Baths
    • 825 Sq Ft
    • 1000 Fountainview Cir
    • Unit 206
    • Newark, DE

    BACK ON THE MARKET!Welcome to 1000 Fountainview Circle, Unit 206, a gem in Newark’s premier 55+ community! This elegant 2-bedroom, 2-bathroom condo on the second floor offers a perfect blend of comfort and style.Step into an open concept layout where the modern kitchen takes center stage, featuring a sleek countertop bar ideal for casual meals, generous counter space for your culinary creations,

    Phillip Hibbard Empower Real Estate, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $94,400
Previous Owner Colon Lillian $23,600
Previous Owner Colon Lillian $91,200
Previous Owner Titerence Paula $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2042042

Bright MLS

APN: 11-017.00-048.C-0246