NOT LISTED FOR SALE

308 Waters Edge Dr Unit 308 Newark, DE 19702

Estimated Value: $230,000 - $242,369

3 Beds
2 Baths
1,100 Sq Ft
$282/mo HOA Fee

Last Sold March 29, 2023

Last sale price $183,500 $167 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,689/month

4 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Living Room
  • Contemporary Architecture
  • Balcony
  • Laundry Room

About This Home

As of March 2023

Highly sought after condominium with 3 bedrooms and 2 full baths located in the Community of Waters Edge! Enjoy a lovely kitchen with substantial cabinet and countertop space equipped with a breakfast bar that opens up to the Dining Room. There is also a Pantry and a main level laundry located off of the Kitchen area. You will love the open concept Dining and Living Room area. The Living Room has a wood burning fireplace and access to your private balcony. The Primary Bedroom has a Private Bath and is located on the main level. The second level features two sizable Bedrooms with nicely sized closets, a Full Bath and an extra linen closet. You can enjoy the summer months sitting by the pool with no worries about exterior maintenance of your home. You will also have convenient access to a Fitness Room all year long. Minutes from Glasgow Park and Easy access to I 95, Restaurants, The University of Delaware, Delaware Park and the Christiana Mall. Room measurements are approximate. Home to be sold As-is. Needs TLC.

Last Agent to Sell the Property

Wendy Henderson

(302) 383-9194 wendymhenderson@remax.net RE/MAX Associates-Hockessin License #RS322475 Listed on: 02/23/2023

RE/MAX Associates-Hockessin

Last Buyer's Agent

Wendy Henderson

(302) 383-9194 wendymhenderson@remax.net RE/MAX Associates-Hockessin License #RS322475 Listed on: 02/23/2023

RE/MAX Associates-Hockessin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 1991

HOA Fees

  • $282 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 048.C.0029
  • Assessor Parcel Number 11-017.00-048.C.0029

Community Details

Overview

  • Association fees include common area maintenance, trash, exterior building maintenance
  • Low-Rise Condominium
  • Waters Edge Subdivision
  • Property Manager

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,768

Year Built

Built in 1991

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer and Dryer in as-is condition
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-02-23
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: Highly sought after condominium with 3 bedrooms and 2 full baths located in the Community of Waters Edge! Enjoy a lovely kitchen with substantial cabinet and countertop space equipped with a breakfast bar that opens up to the Dining Room. There is also a Pantry and a main level laundry located off of the Kitchen area. You will love the open concept Dining and Living Room area. The Living Room has a wood burning fireplace and access to your private balcony. The Primary Bedroom has a Private Bath and is located on the main level. The second level features two sizable Bedrooms with nicely sized closets, a Full Bath and an extra linen closet. You can enjoy the summer months sitting by the pool with no worries about exterior maintenance of your home. You will also have convenient access to a Fitness Room all year long. Minutes from Glasgow Park and Easy access to I 95, Restaurants, The University of Delaware, Delaware Park and the Christiana Mall. Room measurements are approximate. Home to be sold As-is. Needs TLC.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 172.73
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 308

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 282.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash, Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • 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: 36400.00
  • Land Assessed Value: 6400.00
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2022
  • Zoning: NCAP
  • In City Limits: No

Rental Info

  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2338494
  • School Tax: 1415.00
  • Tax Annual Amount: 1768.00
  • Assessor Parcel Number: 11-017.00-048.C.0029
  • Tax Lot: 048.C.0029
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/29/2023

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Mar 29, 2023
Sold by
Tanvir Mia
Bought by
Waiters Rebecca
Seller's Agent
Wendy Henderson
RE/MAX Associates-Hockessin
Buyer's Agent
Wendy Henderson
RE/MAX Associates-Hockessin
List Price
$190,000
Sold Price
$183,500
Premium/Discount to List
-$6,500
-3.42%
Views
215
Current Estimated Value
$237,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,956
Avg. Annual Appreciation
10.68%
Original Mortgage
$128,450
Outstanding Balance
$124,693
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$112,763

Purchase Details

Closed on
Sep 30, 2009
Sold by
Mia Tanvir
Bought by
Mia Tanvir and Mia Miami

Purchase Details

Closed on
Aug 31, 2005
Sold by
Caldwell Dorothy A
Bought by
Mia Tanvir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 28, 2002
Sold by
Edge Of The Woods Ltd Partnership
Bought by
Caldwell Dorothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
6.64%
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
Waiters Rebecca -- --
Mia Tanvir -- None Available
Mia Tanvir $147,000 --
Caldwell Dorothy A $97,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waiters Rebecca $128,450
Previous Owner Mia Tanvir $117,600
Previous Owner Caldwell Dorothy A $92,500
Closed Caldwell Dorothy A $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $183,500 -3.4% $167 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $190,000 -- $173 / Sq Ft
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 $1,822 $42,800 $6,400 $36,400
2023 $1,773 $42,800 $6,400 $36,400
2022 $1,768 $42,800 $6,400 $36,400
2021 $1,731 $42,800 $6,400 $36,400
2020 $1,686 $42,800 $6,400 $36,400
2019 $1,721 $42,800 $6,400 $36,400
2018 $1,451 $42,800 $6,400 $36,400
2017 $1,400 $42,800 $6,400 $36,400
2016 $1,396 $42,800 $6,400 $36,400
2015 $1,272 $42,800 $6,400 $36,400
2014 $1,271 $42,800 $6,400 $36,400
Source: Public Records

Agents Affiliated with this Home

  • Wendy Henderson

    Seller's Agent in 2023

    Wendy Henderson

    RE/MAX

    (302) 383-9194

    4 in this area

    38 Total Sales

    Wendy Henderson
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Map

Source: Bright MLS

MLS Number: DENC2037628

Bright MLS

APN: 11-017.00-048.C-0029

Delaware New Castle County Newark 19702

308 Waters Edge Dr Unit 308, Newark, DE

This home is located at 308 Waters Edge Dr Unit 308, Newark, DE 19702 since 23 February 2023 and is currently estimated at $237,456, approximately $215 per square foot. This property was built in 1991. 308 Waters Edge Dr Unit 308 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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