NOT LISTED FOR SALE

504 Waters Edge Dr Unit 504 Newark, DE 19702

Estimated Value: $177,000 - $196,000

1 Bed
1 Bath
-- Sq Ft
$242/mo HOA Fee

Last Sold July 10, 2020

Last sale price $80,000

Est. 135% increase in value since last sale

Current estimated payment $1,374/month

95 Days on Market

Highlights

  • Fitness Center
  • 1 Fireplace
  • Living Room
  • Contemporary Architecture
  • Community Pool
  • Laundry Room

About This Home

As of July 2020

Short distance to the University of Delaware and I-95 make this one bedroom, first floor condo a convenient place to live. There are very few steps to get to the unit. This unit has been nicely maintain, laundry in unit, wood burning fireplace, community pool, and washer, dryer, refrigerator are included. This would be a great investment property for a first time starter home or someone who is downsizing.

Last Agent to Sell the Property

Billie Chubb

Real Broker LLC Listed on: 01/19/2020

Last Buyer's Agent

Rhonda Smith

Patterson-Schwartz-Hockessin License #5012298

Patterson-Schwartz-Hockessin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,083

Year Built

  • Built in 1991

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Back Up Electric Heat Pump System

Listing and Financial Details

  • Tax Lot 048.C.0065
  • Assessor Parcel Number 11-017.00-048.C.0065

Community Details

Overview

  • Association fees include trash, snow removal, pool(s), health club, common area maintenance, insurance
  • Low-Rise Condominium
  • Waters Edge Subdivision

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,083

Year Built

Built in 1991

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1991
  • Remarks Public: Short distance to the University of Delaware and I-95 make this one bedroom, first floor condo a convenient place to live. There are very few steps to get to the unit. This unit has been nicely maintain, laundry in unit, wood burning fireplace, community pool, and washer, dryer, refrigerator are included. This would be a great investment property for a first time starter home or someone who is downsizing.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Entry Floor: 1
  • Fireplaces Count: 1
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 504

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main 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
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 242.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Fitness Center, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Trash, Snow Removal, Pool(s), Health Club, Common Area Maintenance, Insurance
  • 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: 26400.00
  • Land Assessed Value: 4700.00
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2019
  • Zoning: NCAP
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2338530
  • School Tax: 826.00
  • Tax Annual Amount: 1083.00
  • Assessor Parcel Number: 11-017.00-048.C.0065
  • Tax Lot: 048.C.0065
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/10/2020

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2020
Closed on
Jul 7, 2020
Sold by
Dhd Asset Management Llc
Bought by
Cutler Jose Malcolm
Seller's Agent
Billie Chubb
Real Broker LLC
Buyer's Agent
Rhonda Smith
Patterson-Schwartz-Hockessin
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%
Current Estimated Value
$187,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,858
Avg. Annual Appreciation
15.36%
Original Mortgage
$64,000
Outstanding Balance
$57,477
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$109,497

Purchase Details

Closed on
Mar 16, 2017
Sold by
Duong Daniel H
Bought by
Dhd Asset Management Llc

Purchase Details

Closed on
May 31, 2007
Sold by
Stewart Debra J
Bought by
Duong Daniel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2006
Sold by
Flowers Michael Scott and Brandt Scott A
Bought by
Stewart Michael F and Stweart Debra Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,360
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 24, 2003
Sold by
Edge Of The Woods Lp
Bought by
Flowers Michael Scott and Brandt Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,184
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
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
Cutler Jose Malcolm -- None Available
Dhd Asset Management Llc -- None Available
Duong Daniel H $125,000 None Available
Stewart Michael F $114,200 None Available
Flowers Michael Scott $70,720 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cutler Jose Malcolm $64,000
Previous Owner Duong Daniel H $97,525
Previous Owner Duong Daniel H $100,000
Previous Owner Duong Daniel H $25,000
Previous Owner Stewart Michael F $91,360
Previous Owner Flowers Michael Scott $67,184
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $80,000 -11.0% --
04/23/2020 04/23/20 Pending -- -- --
03/02/2020 03/02/20 Price Changed $89,900 -5.3% --
01/19/2020 01/19/20 For Sale $94,900 -- --
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 $1,324 $31,100 $4,700 $26,400
2023 $1,288 $31,100 $4,700 $26,400
2022 $1,285 $31,100 $4,700 $26,400
2021 $1,258 $31,100 $4,700 $26,400
2020 $0 $31,100 $4,700 $26,400
2019 $1,224 $31,100 $4,700 $26,400
2018 $195 $31,100 $4,700 $26,400
2017 $1,014 $31,100 $4,700 $26,400
2016 $1,014 $31,100 $4,700 $26,400
2015 $924 $31,100 $4,700 $26,400
2014 $924 $31,100 $4,700 $26,400
Source: Public Records

Agents Affiliated with this Home

  • Billie Chubb

    Seller's Agent in 2020

    Billie Chubb

    Real Broker LLC

    (302) 388-8699

    1 in this area

    55 Total Sales

    Billie Chubb
    Section Image
  • Rhonda Smith

    Buyer's Agent in 2020

    Rhonda Smith

    Patterson Schwartz

    (302) 559-4151

    1 in this area

    63 Total Sales

    Rhonda Smith
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC493518

Bright MLS

APN: 11-017.00-048.C-0065

Delaware New Castle County Newark 19702

504 Waters Edge Dr Unit 504, Newark, DE

This home is located at 504 Waters Edge Dr Unit 504, Newark, DE 19702 since 19 January 2020 and is currently estimated at $187,858. This property was built in 1991. 504 Waters Edge Dr Unit 504 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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