NOT LISTED FOR SALE

2704 Waters Edge Dr Unit 2704 Newark, DE 19702

Estimated Value: $173,000 - $200,566

1 Bed
1 Bath
-- Sq Ft
$244/mo HOA Fee

Last Sold August 20, 2020

Last sale price $88,000

Est. 117% increase in value since last sale

Current estimated payment $1,367/month

Highlights

  • Clubhouse
  • Community Pool
  • Laundry Room
  • Contemporary Architecture
  • Living Room
  • Central Air

About This Home

As of August 2020

Buyer financing fell through, let their loss be your gain. Newly updated with fresh paint and a deep clean! Why rent when you can own a carefree one bedroom, one bathroom condo that's convenient to everything, including shopping, restaurants and major highways. There are many amenities too, including a pool and clubhouse with an exercise room and walking trails. To top it off, all of the appliances are newer and the hot water heater, dishwasher and HVAC are new within the past year. There's nothing to do here except move right in!

Last Agent to Sell the Property

Dawn Gilmore

(610) 945-7400 dawngilmore1104@gmail.com Tesla Realty Group, LLC License #RS-0023733 Listed on: 03/23/2020

Tesla Realty Group, LLC

Last Buyer's Agent

David Kim

davidkim66@gmail.com Long & Foster Real Estate, Inc. License #RS-0022079

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,233

Year Built

  • Built in 2000

HOA Fees

  • $244 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Wood Burning Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Central Air
  • Heating System Powered By Owned Propane
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 048.C.0247
  • Assessor Parcel Number 11-017.00-048.C.0247

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,233

Year Built

Built in 2000

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Exclusions: stand alone microwave
  • Inclusions: New dishwasher, built-in microwave, washer, dryer, refrigerator (all as-is)
  • New Construction: No
  • Story List: Main
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: Buyer financing fell through, let their loss be your gain. Newly updated with fresh paint and a deep clean! Why rent when you can own a carefree one bedroom, one bathroom condo that's convenient to everything, including shopping, restaurants and major highways. There are many amenities too, including a pool and clubhouse with an exercise room and walking trails. To top it off, all of the appliances are newer and the hot water heater, dishwasher and HVAC are new within the past year. There's nothing to do here except move right in!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Bedroom 1, Laundry, Full Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2704

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: Brick, Vinyl 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
  • Heating Fuel: Propane - Owned
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Community

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 244.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Swimming Pool, Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Lawn Maintenance, Pool(s), Snow Removal, Trash, Cable Tv
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 25400.00
  • Land Assessed Value: 5900.00
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: NCAP
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4838934
  • School Tax: 973.00
  • Tax Annual Amount: 1233.00
  • Assessor Parcel Number: 11-017.00-048.C.0247
  • Tax Lot: 048.C.0247
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 08/20/2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Aug 18, 2020
Sold by
Janowiak Denise
Bought by
Oh Kyu Ho
Seller's Agent
Dawn Gilmore
Tesla Realty Group, LLC
Buyer's Agent
David Kim
Long & Foster Real Estate, Inc.
List Price
$92,500
Sold Price
$88,000
Premium/Discount to List
-$4,500
-4.86%
Current Estimated Value
$190,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,855
Avg. Annual Appreciation
16.29%

Purchase Details

Closed on
Sep 12, 2007
Sold by
Westport Ii Llc
Bought by
Janowiak Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,400
Interest Rate
6.7%
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
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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
Oh Kyu Ho $88,000 None Available
Janowiak Denise $117,400 None Available
Westport Ii Llc $933,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Janowiak Denise $117,400
Previous Owner Westport Ii Llc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2020 08/20/20 Sold $88,000 -3.8% --
07/22/2020 07/22/20 Pending -- -- --
06/26/2020 06/26/20 Price Changed $91,500 -1.1% --
04/19/2020 04/19/20 Price Changed $92,500 0.0% --
04/19/2020 04/19/20 For Sale $92,500 +5.1% --
03/30/2020 03/30/20 Off Market $88,000 -- --
03/23/2020 03/23/20 For Sale $94,900 -- --
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 $1,333 $31,300 $5,900 $25,400
2023 $1,296 $31,300 $5,900 $25,400
2022 $1,293 $31,300 $5,900 $25,400
2021 $1,266 $31,300 $5,900 $25,400
2020 $143 $31,300 $5,900 $25,400
2019 $1,321 $31,300 $5,900 $25,400
2018 $230 $31,300 $5,900 $25,400
2017 $1,021 $31,300 $5,900 $25,400
2016 $1,021 $31,300 $5,900 $25,400
2015 $930 $31,300 $5,900 $25,400
2014 $930 $31,300 $5,900 $25,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC498612

Bright MLS

APN: 11-017.00-048.C-0247