NOT LISTED FOR SALE

2804 Waters Edge Dr Unit 2804 Newark, DE 19702

Estimated Value: $216,000 - $226,489

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

Last Sold April 26, 2017

Last sale price $63,000

Est. 251% increase in value since last sale

Current estimated payment $1,538/month

Highlights

  • In Ground Pool
  • 1 Fireplace
  • Cooling System Utilizes Bottled Gas
  • Contemporary Architecture
  • Breakfast Area or Nook
  • Patio

About This Home

As of April 2017

If you're looking for the convenience of no/low maintenance condo living in a vibrant and well maintained community then this is the property for you. Water's Edge offers the ease of being close to main roads, amenities and the University of Delaware with a secluded feel. You'll love the 3+ acres of ponds in the center of the complex, the clubhouse, the exercise facility and the pool. The unit needs some repairs, but there's equity here. There's even a fireplace! This unit does not face the water. Property is being sold "AS-IS". Seller has never been in nor lived in property. Cash offers require proof of funds. No offers with home sale contingencies. All appointments are made THROUGH the Trend web site. This property has been placed in an upcoming event. All bids should be submitted on the auction site(info in agent remarks). Please submit any pre-auction offer received through the property details page on the site. Any post-auction offers will need to be submitted directly to the listing agent. All offers will be reviewed and responded to within 3 business days. All properties are subject to a 5% buyer's premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply).

Last Agent to Sell the Property

Don Ash

(302) 521-5100 christinecpierce@comcast.net Alliance Realty License #RS5313505 Listed on: 01/31/2017

Last Buyer's Agent

Moses Nanga

(302) 373-8167 monangahunt@aol.com Iron Valley Real Estate at The Beach

Iron Valley Real Estate at The Beach

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • Property is in good condition

HOA Fees

  • $238 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Breakfast Area or Nook
  • Laundry on main level

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

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

Community Details

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

Listing and Financial Details

  • Tax Lot 048.C.0255
  • Assessor Parcel Number 11-017.00-048.C.0255

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Exclusions: As Shown
  • Inclusions: As Shown
  • New Construction: No
  • Story List: Main
  • Year Built: 2000
  • Remarks Public: If you're looking for the convenience of no/low maintenance condo living in a vibrant and well maintained community then this is the property for you. Water's Edge offers the ease of being close to main roads, amenities and the University of Delaware with a secluded feel. You'll love the 3+ acres of ponds in the center of the complex, the clubhouse, the exercise facility and the pool. The unit needs some repairs, but there's equity here. There's even a fireplace! This unit does not face the water. Property is being sold "AS-IS". Seller has never been in nor lived in property. Cash offers require proof of funds. No offers with home sale contingencies. All appointments are made THROUGH the Trend web site. This property has been placed in an upcoming event. All bids should be submitted on the auction site(info in agent remarks). Please submit any pre-auction offer received through the property details page on the site. Any post-auction offers will need to be submitted directly to the listing agent. All offers will be reviewed and responded to within 3 business days. All properties are subject to a 5% buyer's premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply).
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • 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: 2804

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Access To Pool: Yes
  • Exterior Features: Sidewalks, Street Lights
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane
  • 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 Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Water, Sewer, Insurance, Pool(s), Health Club
  • HOA: No
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Improvement Assessed Value: 30300.00
  • Land Assessed Value: 6800.00
  • Lot Size Acres: 0.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 600.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: NCAP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4838941
  • Tax Annual Amount: 1210.00
  • Assessor Parcel Number: 11-017.00-048.C.0255
  • Tax Lot: 048.C.0255
  • Tax Year: 2016
  • Close Date: 04/26/2017

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2017
Closed on
Mar 31, 2017
Sold by
Hsbc Bank Usa National Association
Bought by
Iolana Llc
Seller's Agent
Don Ash
Alliance Realty
Buyer's Agent
Moses Nanga
Iron Valley Real Estate at The Beach
List Price
$86,500
Sold Price
$63,000
Premium/Discount to List
-$23,500
-27.17%
Current Estimated Value
$221,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,163
Avg. Annual Appreciation
15.98%

Purchase Details

Closed on
Feb 24, 2017
Sold by
Doherty Linda K and Doherty David A
Bought by
Hsbc Bank Usa N A

Purchase Details

Closed on
Nov 30, 2005
Sold by
Gregory Helen
Bought by
Doherty David A and Doherty Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2003
Sold by
Hydrim Co Llc
Bought by
Gregory Helen
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
Iolana Llc $63,000 None Available
Hsbc Bank Usa N A $119,035 None Available
Doherty David A $142,000 --
Gregory Helen $97,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doherty David A $127,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2017 04/26/17 Sold $63,000 0.0% --
03/24/2017 03/24/17 Pending -- -- --
03/17/2017 03/17/17 Off Market $63,000 -- --
02/24/2017 02/24/17 For Sale $86,500 +37.3% --
02/24/2017 02/24/17 Off Market $63,000 -- --
02/09/2017 02/09/17 For Sale $86,500 +37.3% --
02/09/2017 02/09/17 Off Market $63,000 -- --
01/31/2017 01/31/17 For Sale $86,500 -- --
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
2023 $1,536 $37,100 $6,800 $30,300
2022 $1,533 $37,100 $6,800 $30,300
2021 $1,462 $37,100 $6,800 $30,300
2020 $1,462 $37,100 $6,800 $30,300
2019 $625 $37,100 $6,800 $30,300
2018 $1,258 $37,100 $6,800 $30,300
2017 $1,213 $37,100 $6,800 $30,300
2016 $1,210 $37,100 $6,800 $30,300
2015 $1,102 $37,100 $6,800 $30,300
2014 $1,102 $37,100 $6,800 $30,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000060090

Bright MLS

APN: 11-017.00-048.C-0255