NOT LISTED FOR SALE

340 E Edgewater Way Newark, DE 19702

Estimated Value: $230,000 - $281,000

3 Beds
1.5 Baths
1,450 Sq Ft
$177/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $250,000 $172 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,521/month

23 Days on Market

Highlights

  • Lake View
  • Community Pool
  • More Than Two Accessible Exits
  • A-Frame Home
  • Living Room
  • Central Air

About This Home

As of August 2024

Welcome to your new Home! This inviting two story home features three bedrooms and one and half bathrooms, offering a perfect blend of comfort and convenience. Situated near shopping, dining and major roads, insuring easy access to all your necessities.
Spacious 3-bedroom home ready for you to move in. Great starter home in a perfect location, on 896 highways near to route 40 and few miles from I-95
This home is equipped with a list of desirable amenities, including a new roof install on April 2024, a whole Kitchen upgrade with new cabinets, handles, sink, faucet, new refrigerator, new dishwasher, new electric range, new microwave, NEW Carpet in all the bed rooms,
The Kitchen vinyl flooring is in great condition and easy to maintain. The laundry area is right next to the kitchen with a new washer and dryer.
Upstairs you will find 3 bedrooms and a main bath. The bath has a jetted tub to enjoy on those days when you just want to relax. The windows and the doors are all newly installed.
The backyard is private and fully fenced. There is beautiful lake view from the backyard and from the bed rooms upstairs. Hurry to view this affordable home before you miss out.

Last Agent to Sell the Property

Robert Acquah

(302) 858-9449 robert.acquah@foxroach.com EXP Realty, LLC License #RS0025697 Listed on: 05/22/2024

EXP Realty, LLC

Last Buyer's Agent

Robert Acquah

(302) 858-9449 robert.acquah@foxroach.com EXP Realty, LLC License #RS0025697 Listed on: 05/22/2024

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 1973

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 20.00 x 129.00
  • Wire Fence

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,450 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Lake Views
  • Laundry in unit
  • Basement

Kitchen

  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Brader Elementary School
  • Gauger-Cobbs Middle School
  • Glasgow High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 068
  • Assessor Parcel Number 11-017.40-068

Community Details

Overview

  • Four Seasons Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,682

Year Built

Built in 1973

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: A-Frame
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-22
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Basement
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1450
  • Living Area Sq Ft: 1450
  • Price Per Sq Ft: 182.76
  • Above Grade Finished Sq Ft: 1450
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 366.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BRADER
  • High School: GLASGOW
  • Middle Or Junior School: GAUGER-COBBS

Lot Info

  • Fencing: Wire
  • Lot Size Acres: 0.06
  • Lot Dimensions: 20.00 x 129.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Zoning: NCTH
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1345.00
  • Tax Annual Amount: 1682.00
  • Assessor Parcel Number: 11-017.40-068
  • Tax Lot: 068
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Aug 14, 2024
Sold by
Momanyi Henry
Bought by
Bakayoko Korotoumou
Seller's Agent
Robert Acquah
EXP Realty, LLC
Buyer's Agent
Robert Acquah
EXP Realty, LLC
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Views
94
Current Estimated Value
$256,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,624
Avg. Annual Appreciation
2.02%
Original Mortgage
$245,471
Outstanding Balance
$242,736
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$13,888

Purchase Details

Closed on
Feb 29, 2024
Sold by
Carter Dorothy G
Bought by
Momanyi Henry

Purchase Details

Closed on
Aug 1, 1987
Bought by
Carter Dorothy G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bakayoko Korotoumou -- None Listed On Document
Momanyi Henry -- None Listed On Document
Carter Dorothy G $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakayoko Korotoumou $245,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2024 08/14/24 Sold $250,000 -5.7% $172 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $265,000 -- $183 / 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 $1,733 $40,700 $8,300 $32,400
2023 $1,186 $40,700 $8,300 $32,400
2022 $1,182 $40,700 $8,300 $32,400
2021 $1,246 $40,700 $8,300 $32,400
2020 $1,203 $40,700 $8,300 $32,400
2019 $1,081 $40,700 $8,300 $32,400
2018 $980 $40,700 $8,300 $32,400
2017 $931 $40,700 $8,300 $32,400
2016 $843 $40,700 $8,300 $32,400
2015 $1,209 $40,700 $8,300 $32,400
2014 $1,209 $40,700 $8,300 $32,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2061194

Bright MLS

APN: 11-017.40-068