NOT LISTED FOR SALE

701 Waters Edge Dr Unit 701 Newark, DE 19702

Estimated Value: $201,000 - $221,286

2 Beds
2 Baths
850 Sq Ft
1996 Built

Last Sold April 19, 2013

Last sale price $85,000 $100 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,285/month

Highlights

  • Water Views
  • No HOA
  • Balcony
  • Contemporary Architecture
  • Community Pool
  • Living Room

About This Home

As of May 2022

PROPERTY HAS BEEN RENTED!
Very nicely updated property is ready for a tenant now! This 2-bedroom, 2-bath unit offers views of the water from the living room and both bedrooms. Property has an renovated kitchen with corian counters, in unit laundry, upgraded bathrooms and a balcony right on the water. Rent includes basic cable, trash, parking, exterior maintenance, pool access, fitness center, and sauna. Centrally located within minutes of major routes and shopping. SPECIAL CLAUSES: 1) No smoking permitted 2) No pets permitted 3) Tenant responsible for all utilities including water and sewer 4) Renters insurance is required 5) Tenant to abide by Condo Rules & Regulations

Last Agent to Rent the Property

Vince Grillo

Patterson-Schwartz-Property Management License #RS-0015680 Listed on: 04/21/2022

Patterson-Schwartz-Property Management

Last Renter's Agent

Toya Borjigin

Tesla Realty Group, LLC License #0026159

Tesla Realty Group, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1996

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 850 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,300
  • Tenant pays for cable TV, electricity, gas, heat, hot water, insurance, sewer, water
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 6/15/22
  • $50 Application Fee
  • Assessor Parcel Number 11-017.00-048.C.0172

Community Details

Overview

  • No Home Owners Association
  • Low-Rise Condominium
  • Waters Edge Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,508

Year Built

Built in 1996

Lot Details

0

Rental Info

  • Date Available: 2022-06-15
  • Application Fee: 50.00
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Security Deposit: 1300.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Gas, Heat, Hot Water, Insurance, Sewer, Water
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1996
  • Remarks Public: PROPERTY HAS BEEN RENTED! Very nicely updated property is ready for a tenant now! This 2-bedroom, 2-bath unit offers views of the water from the living room and both bedrooms. Property has an renovated kitchen with corian counters, in unit laundry, upgraded bathrooms and a balcony right on the water. Rent includes basic cable, trash, parking, exterior maintenance, pool access, fitness center, and sauna. Centrally located within minutes of major routes and shopping. SPECIAL CLAUSES: 1) No smoking permitted 2) No pets permitted 3) Tenant responsible for all utilities including water and sewer 4) Renters insurance is required 5) Tenant to abide by Condo Rules & Regulations
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Fully Carpeted, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Primary Bath(s)
  • Fireplace: No
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 850
  • Living Area Sq Ft: 850
  • Price Per Sq Ft: 1.53
  • Above Grade Finished Sq Ft: 850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 701

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA: No
  • Senior Community: No

Schools

  • School District: CHRISTINA
  • Elementary School: BRADER
  • Middle School: GAUGER-COBBS
  • High School: GLASGOW
  • School District Key: 300200396890
  • School District Source: Listing Agent
  • Elementary School: BRADER
  • High School: GLASGOW
  • Middle Or Junior School: GAUGER-COBBS

Lot Info

  • Land Lease: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Zoning: RES

Tax Info

  • Assessor Parcel Number: 2338637
  • Assessor Parcel Number: 11-017.00-048.C.0172
  • Close Date: 05/01/2022

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2012
Closed on
Apr 18, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ariya Llc
Seller's Agent
Yoki Johnson
My Real Estate Store
Buyer's Agent
Terri Sensing
Long & Foster Real Estate, Inc.
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Current Estimated Value
$212,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,762
Avg. Annual Appreciation
7.72%

Purchase Details

Listed on
Dec 28, 2012
Closed on
Feb 22, 2013
Sold by
Smith Victoria L
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Yoki Johnson
My Real Estate Store
Buyer's Agent
Terri Sensing
Long & Foster Real Estate, Inc.
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Purchase Details

Closed on
Oct 27, 2006
Sold by
Dorrell Janice A
Bought by
Smith Victoria L

Purchase Details

Closed on
Jul 12, 2002
Sold by
Edge Of The Woods Ltd Partnership
Bought by
Dorrell Janice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,900
Interest Rate
6.79%
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
Ariya Llc $85,000 None Available
Federal Home Loan Mortgage Corporation $90,359 None Available
Smith Victoria L $153,500 None Available
Dorrell Janice A $87,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dorrell Janice A $67,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2022 05/01/22 Rented $1,300 0.0% --
04/26/2022 04/26/22 Under Contract -- -- --
04/21/2022 04/21/22 For Rent $1,300 +4.0% --
06/01/2021 06/01/21 Rented $1,250 0.0% --
04/15/2021 04/15/21 Under Contract -- -- --
04/07/2021 04/07/21 Price Changed $1,250 +4.2% $1 / Sq Ft
04/06/2021 04/06/21 For Rent $1,200 0.0% --
05/04/2018 05/04/18 Rented $1,200 0.0% --
04/20/2018 04/20/18 Under Contract -- -- --
02/02/2018 02/02/18 For Rent $1,200 0.0% --
03/24/2017 03/24/17 Rented $1,200 0.0% --
03/06/2017 03/06/17 Under Contract -- -- --
01/09/2017 01/09/17 For Rent $1,200 +9.1% --
07/09/2013 07/09/13 Rented $1,100 0.0% --
05/30/2013 05/30/13 Under Contract -- -- --
05/03/2013 05/03/13 For Rent $1,100 0.0% --
04/19/2013 04/19/13 Sold $85,000 -5.5% $100 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
12/28/2012 12/28/12 For Sale $89,900 -- $106 / 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
2023 $1,508 $36,400 $6,800 $29,600
2022 $1,504 $36,400 $6,800 $29,600
2021 $1,434 $36,400 $6,800 $29,600
2020 $1,434 $36,400 $6,800 $29,600
2019 $167 $36,400 $6,800 $29,600
2018 $1,234 $36,400 $6,800 $29,600
2017 $1,190 $36,400 $6,800 $29,600
2016 $1,187 $36,400 $6,800 $29,600
2015 -- $36,400 $6,800 $29,600
2014 -- $36,400 $6,800 $29,600
Source: Public Records

Agents Affiliated with this Home

  • Vince Grillo

    Landlord's Agent in 2022

    Vince Grillo

    Patterson-Schwartz-Property Management

    (877) 456-4663

    Section Image
  • Toya Borjigin

    Tenant's Agent in 2022

    Toya Borjigin

    Tesla Realty Group, LLC

    (302) 563-1176

    66 Total Sales

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  • Stacie Lynch

    Buyer's Agent in 2021

    Stacie Lynch

    Patterson Schwartz

    (302) 293-4194

    2 in this area

    11 Total Sales

    Section Image

  • K

    Buyer's Agent in 2018

    Kimberly Best

    Long & Foster

    (302) 377-4764

    1 in this area

    12 Total Sales

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  • Dan Roberts

    Buyer's Agent in 2017

    Dan Roberts

    Patterson Schwartz

    (302) 598-7506

    2 in this area

    10 Total Sales

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  • Brian Pomije

    Seller's Agent in 2013

    Brian Pomije

    Patterson-Schwartz-Property Management

    (302) 234-5207

    Section Image
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Map

Source: Bright MLS

MLS Number: DENC2021788

Bright MLS

APN: 11-017.00-048.C-0172

Delaware New Castle County Newark 19702

701 Waters Edge Dr Unit 701, Newark, DE

This home is located at 701 Waters Edge Dr Unit 701, Newark, DE 19702 since 21 April 2022 and is currently priced at $212,762. This property was built in 1996. 701 Waters Edge Dr Unit 701 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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