NOT LISTED FOR SALE

383 Waterway Dr Frederica, DE 19946

Estimated Value: $323,000 - $390,000

3 Beds
2.5 Baths
2,152 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $234,900 $109 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,003/month

Highlights

  • Colonial Architecture
  • 90% Forced Air Heating and Cooling System
  • Property is in excellent condition
  • 1 Car Attached Garage
  • Family Room
  • Carpet

About This Home

As of May 2021

This is a must-see home! New carpets throughout. Rarely do homes come up for sale in desirable Waters edge. Well, here is one. See this beautiful twin with a large common area that makes the backyard even bigger! This home has a finished basement and has been well cared for. One of the few homes that has a small bump-out off the kitchen. See it, you will want it. This property is eligible under the Freddie Mac First Look Initiative through March 4, 2021. During this time, only offers from owner occupants, public entities, or designated partners considered. Offers from investors and second time buyers may be submitted after March 4, 2021.

Last Agent to Sell the Property

Daniel Logan

(302) 234-6089 dan@danlogan.com Patterson-Schwartz-Hockessin License #R3-0016334 Listed on: 02/12/2021

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Carla Wilson

(302) 233-1882 cwilson@psre.com Patterson-Schwartz-Dover License #RS-0025302

Patterson-Schwartz-Dover

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $928

Year Built

  • Built in 2011

Lot Details

  • 3,900 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Asbestos Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Family Room
  • Carpet
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • Building Winterized
  • Waters Edge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 85500

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$928

Year Built

Built in 2011

Lot Details

0

HOA Fees

$15 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Appliances in home
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2011
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Carpet
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3
  • Room List: Family Room
  • Basement: Yes
  • Basement Type: Daylight, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 2152
  • Living Area Sq Ft: 2152
  • Price Per Sq Ft: 114.47
  • Above Grade Finished Sq Ft: 2052
  • Below Grade Finished Sq Ft: 100
  • Total Below Grade Sq Ft: 100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Asbestos Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Built In
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Community

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 175.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3900.00
  • Property Condition: Excellent
  • Zoning: RS
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 928.00
  • Assessor Parcel Number: 85500
  • Tax Year: 2019

MLS Schools

  • School District Name: MILFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 10, 2021
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Evans Toni N
Seller's Agent
Daniel Logan
Patterson-Schwartz-Hockessin
Buyer's Agent
Carla Wilson
Patterson-Schwartz-Dover
List Price
$234,900
Sold Price
$234,900
Current Estimated Value
$359,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,986
Avg. Annual Appreciation
9.90%
Original Mortgage
$230,644
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2020
Sold by
Burney Dorothy J
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Nov 6, 2015
Sold by
West Four Llc
Bought by
Burney Dorothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
3.88%
Mortgage Type
New Conventional
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
Evans Toni N $234,900 Servicelink
Federal Home Loan Mortgage Corp $179,900 Servicelink
Burney Dorothy J $211,650 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Toni N $230,644
Previous Owner Burney Dorothy J $179,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $234,900 0.0% $109 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/18/2021 02/18/21 Off Market $234,900 -- --
02/12/2021 02/12/21 For Sale $234,900 -- $109 / 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
2025 $1,145 $304,000 $57,800 $246,200
2024 $1,145 $304,000 $57,800 $246,200
2023 $1,191 $53,000 $3,900 $49,100
2022 $1,164 $53,000 $3,900 $49,100
2021 $1,184 $53,000 $3,900 $49,100
2020 $1,193 $53,000 $3,900 $49,100
2019 $1,199 $53,000 $3,900 $49,100
2018 $1,203 $53,000 $3,900 $49,100
2017 $1,247 $53,000 $0 $0
2016 $1,758 $53,000 $0 $0
2015 -- $400 $0 $0
2014 -- $400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT246478

Bright MLS

APN: 5-08-14102-01-6900-000