NOT LISTED FOR SALE

2804 Waters Edge Dr Unit 2804 Newark, DE 19702

Glasgow Neighborhood

Estimated Value: $174,000 - $213,167

2 Beds

2 Baths

-- Sq Ft

$238/mo HOA Fee

Last sale price $63,000

Est. 200% increase in value since last sale

Current estimated payment $1,421/month

52 Days on Market

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

Alliance Realty License #RS5313505 Listed on: 01/31/2017

Last Buyer's Agent

Moses Nanga

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

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

Mar 2017 - Present Iolana Llc 8 Years and 3 Months

Company

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%

Total Days on Market

Current Estimated Value

$188,722

Estimated Appreciation

$125,722

Avg. Annual Appreciation

14.45%

Feb 2017 - Mar 2017 Hsbc Bank Usa N A 1 Month

Private Individual

Purchase Details

Closed on

Feb 24, 2017

Sold by

Doherty Linda K and Doherty David A

Bought by

Hsbc Bank Usa N A

Nov 2005 - Feb 2017 Doherty David A and Doherty Linda K 11 Years and 3 Months

Private Individual

Purchase Details

Closed on

Nov 30, 2005

Sold by

Gregory Helen

Bought by

Doherty David A and Doherty Linda K

Original Mortgage

$127,800

Interest Rate

6.75%

Mortgage Type

New Conventional

Dec 2003 - Nov 2005 Gregory Helen 1 Year and 11 Months

Private Individual

Purchase Details

Closed on

Dec 5, 2003

Sold by

Hydrim Co Llc

Bought by

Gregory Helen

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

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	Change	Sq Ft Price
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

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

Seller's Agent in 2017

Don Ash

Alliance Realty

(302) 521-5100

3 in this area

119 Total Sales

Don Ash
M

Buyer's Agent in 2017

Moses Nanga

Iron Valley Real Estate at The Beach

(302) 373-8167

3 in this area

55 Total Sales

Moses Nanga

See All Agents

Map

Source: Bright MLS

MLS Number: 1000060090

APN: 11-017.00-048.C-0255

Delaware New Castle County Newark 19702 Glasgow

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Nearby Homes

2804 Waters Edge Dr Unit 2804 Newark, DE 19702

Last Sold April 26, 2017

Highlights

About This Home

Property Details

Property Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Home Financials for this Owner

Purchase Details

Similar Homes in Newark, DE

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map