NOT LISTED FOR SALE

605 Waters Edge Dr Unit 605 Newark, DE 19702

Estimated Value: $194,000 - $238,000

2 Beds
2 Baths
-- Sq Ft
$216/mo HOA Fee

Last Sold April 14, 2016

Last sale price $100,000

Est. 122% increase in value since last sale

Current estimated payment $1,554/month

44 Days on Market

Highlights

  • 30 Feet of Waterfront
  • Contemporary Architecture
  • 1 Fireplace
  • Water Oriented
  • Wood Flooring
  • Corner Lot

About This Home

As of April 2016

Live right on the Water's Edge in this beautifully maintained condo in Newark, Delaware. This first floor end unit is perfectly positioned in the community to enjoy the view and take advantage of the great outdoors. This lovely home has an open floor plan with gleaming hardwood floors, a wood burning fireplace and ceiling fans in most rooms. Two spacious bedrooms and two full baths that have been remodeled, make it a great place for a family or someone with a house mate. Walking distance to plaza shopping center. Located close to the University of Delaware, Christina Mall, Christiana Hospital, and easy access to I-95 makes this a great place to call home!

Last Agent to Sell the Property

Linda Hanna

Patterson-Schwartz-Hockessin License #RS307525 Listed on: 02/03/2016

Patterson-Schwartz-Hockessin

Last Buyer's Agent

Team Freebery

EXP Realty, LLC License #R3-0017962

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,134

Year Built

  • Built in 1999

Lot Details

  • 30 Feet of Waterfront
  • Property is in good condition

HOA Fees

  • $216 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Rambler Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 11017000048C0076

Community Details

Overview

  • Association fees include pool(s), common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, parking fee, health club, all ground fee, management
  • Waters Edge Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,134

Year Built

Built in 1999

Lot Details

0

HOA Fees

$216 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Contemporary, Ranch/Rambler
  • Ownership: Condominium
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Story List: Main
  • Year Built: 1999
  • Remarks Public: Live right on the Water's Edge in this beautifully maintained condo in Newark, Delaware. This first floor end unit is perfectly positioned in the community to enjoy the view and take advantage of the great outdoors. This lovely home has an open floor plan with gleaming hardwood floors, a wood burning fireplace and ceiling fans in most rooms. Two spacious bedrooms and two full baths that have been remodeled, make it a great place for a family or someone with a house mate. Walking distance to plaza shopping center. Located close to the University of Delaware, Christina Mall, Christiana Hospital, and easy access to I-95 makes this a great place to call home!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), Stall Shower
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Street Number Modifier: 605

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, Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 30

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 216.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Parking Fee, Health Club, All Ground Fee, Management
  • HOA: No

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890

Lot Info

  • Lot Features: Corner
  • Lot Dimensions: 0 X 0
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: NCAP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2338541
  • Tax Annual Amount: 1134.00
  • Assessor Parcel Number: 11017000048C0076
  • Tax Year: 2015
  • Close Date: 04/14/2016

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
Apr 15, 2016
Sold by
Cheng Stella and Chung Charlie
Bought by
Chandler John Wesley
Seller's Agent
Linda Hanna
Patterson-Schwartz-Hockessin
Buyer's Agent
Team Freebery
EXP Realty, LLC
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Current Estimated Value
$221,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,962
Avg. Annual Appreciation
7.67%
Original Mortgage
$83,500
Outstanding Balance
$67,332
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$132,198

Purchase Details

Closed on
Aug 28, 2015
Sold by
Kao Ruth
Bought by
Cheng Stella and Chung Charlie

Purchase Details

Closed on
Jan 16, 2009
Sold by
Cheng Stella and Chung Charlie
Bought by
Kao Ruth

Purchase Details

Closed on
Sep 4, 2008
Sold by
Balamontis Joyce
Bought by
Cheng Stella and Chung Charlie

Purchase Details

Closed on
Oct 20, 2003
Sold by
Rennings Heidi E
Bought by
Balamontis Joyce
Source: Public Records

Range of Values:

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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
Chandler John Wesley $100,000 Attorney
Cheng Stella -- None Available
Kao Ruth -- None Available
Cheng Stella $145,000 None Available
Balamontis Joyce $101,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandler John Wesley $83,500
Previous Owner Balamontis Joyce A $50,821
Previous Owner Balamontis Joyce A $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2016 04/14/16 Sold $100,000 -9.1% --
03/18/2016 03/18/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $110,000 -- --
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 $1,533 $36,000 $5,400 $30,600
2023 $1,491 $36,000 $5,400 $30,600
2022 $1,487 $36,000 $5,400 $30,600
2021 $1,456 $36,000 $5,400 $30,600
2020 $1,418 $36,000 $5,400 $30,600
2019 $1,741 $36,000 $5,400 $30,600
2018 $1,221 $36,000 $5,400 $30,600
2017 $1,177 $36,000 $5,400 $30,600
2016 $1,174 $36,000 $5,400 $30,600
2015 $1,070 $36,000 $5,400 $30,600
2014 $1,069 $36,000 $5,400 $30,600
Source: Public Records

Agents Affiliated with this Home

  • Linda Hanna

    Seller's Agent in 2016

    Linda Hanna

    Patterson Schwartz

    (302) 547-5836

    210 Total Sales

    Section Image
  • Team Freebery

    Buyer's Agent in 2016

    Team Freebery

    EXP Realty, LLC

    (302) 420-8606

    16 in this area

    216 Total Sales

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Map

Source: Bright MLS

MLS Number: 1003945575

Bright MLS

APN: 11-017.00-048.C-0076

Delaware New Castle County Newark 19702

605 Waters Edge Dr Unit 605, Newark, DE

This home is located at 605 Waters Edge Dr Unit 605, Newark, DE 19702 since 03 February 2016 and is currently estimated at $221,962. This property was built in 1999. 605 Waters Edge Dr Unit 605 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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