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$365,000
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Property Description
Welcome to this beautifully maintained 3-bedroom, 2-bath ranch that perfectly blends modern efficiency with comfortable living. From the moment you arrive, you'll appreciate the home's inviting curb appeal and thoughtfully designed floor plan that offers spacious living areas filled with natural light. The kitchen opens seamlessly to the main living space, creating the perfect setting for everyday living and entertaining. The generously sized bedrooms provide comfort and flexibility, while the primary suite offers a private retreat. One of this home's standout features is the owned solar panel system, which conveys with the property-providing exceptional long-term energy savings with no lease payments to assume. Step outside and discover your own backyard oasis. The fully fenced yard offers plenty of room for children, pets, gardening, or gatherings with family and friends. Relax year-round on the covered rear porch, enjoy summer cookouts, or unwind after a long day. A storage shed provides convenient space for lawn equipment, tools, and seasonal items. Located in a desirable neighborhood close to shopping, dining, schools, parks, and major commuter routes, this move-in-ready home offers the perfect combination of comfort, efficiency, and outdoor enjoyment. Don't miss this incredible opportunity to own a home that truly has it all-schedule your private showing today!
Full Property Details
Full Property Details for 42 Waterway Dr
General
- Price: $365,000
- HOA FEE: $15/month
- HOA FEE FREQ.: Annually
- Taxes: $1,090 (2025)
- Status: Under Contract
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: DEKT2049552
- Updated: 9/18/2026
- Added to Site: 64 day(s) ago
Interior
- Interior Features: Attic, Bathroom - Walk-In Shower, Carpet, Ceiling Fan(s), Floor Plan - Open, Recessed Lighting, Walk-in Closet(s)
- Appliances: Oven/Range - Gas, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Water Heater, Dryer, Icemaker
- Flooring: Carpet, Luxury Vinyl Plank, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Driveway, Attached Garage, On Street
- Garage Description: Garage - Front Entry, Garage Door Opener
Location
- Area: Milford (30805)
- County: KENT
- Subdivision: WATERS EDGE
- Building Name: NONE AVAILABLE
- Driving Directions: Off of Fredrecia Road and Exit 83
School Information
- School District: Milford
Community
- Association: Yes
- Assoc. Name: WATERS EDGE
Heating & Cooling
- Central air: Yes
- Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric, Tankless
Utilities
- Sewer: Public Sewer, Public Septic
- Water: Public
Structural Information
- Architectural Style: Ranch/Rambler
- Structure Type: Detached
- Construction: Concrete, CPVC/PVC, Stick Built, Vinyl Siding
- Foundation: Crawl Space
- Roof: Architectural Shingle
- Stories Description: Main
- Square Feet: 1,553
- Sq. Ft. Source: Assessor
- Living Area: 1,553 Sq. Ft.
- Finished Above Grnd: 1,553 Sq. Ft.
- Year Built: 2013
- Year Built Source: Assessor
- Property Condition: Very Good
Additional Structures
- Other Structures: Shed
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,151
- Lot Size Source: Assessor
- Lot Dimensions: 85.00 x 136.75
- Zoning: NA
Financial Considerations
- Price Per Sq. Ft.: $235.03
- Association Fee: $175
- Assoc Fee Freq.: Annually
- Assessment Year: 2025
- School Tax: $881
- City/TownTax Freq: Annually
- County Tax: $172
- County Tax Freq: Annually
- Tax w/Assessment: $302,100
- Tax Amount: $1,090
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 1553
Disclosures and Reports
- Ownership: Fee Simple
- Multiple Parcels: Yes
- Lot Number: 0200-000
Listed by First Coast Realty LLC, Melanie G Owens
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Schools
Schools serving 42 Waterway Dr
School District:Milford School District
| Name | Grades | Distance |
|---|---|---|
Banneker (Benjamin) Elementary School 449 North Street, Milford, DE 19963 | 1-5 | 5.5 mi |
Morris (Evelyn I.) Early Childhood 8609 3rd Street, Lincoln, DE 19960 | PK-1 | 9.1 mi |
Milford Central Academy 1021 North Walnut Street, Milford, DE 19963 | 6-8 | 4.9 mi |
Milford Senior High School 1019 North Walnut Street, Milford, DE 19963 | 8-12 | 5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 42 Waterway Dr
Date
Details
Price
Change
Source
8/24/2026
Price Reduced
$365,000
-3.95%
MLS
8/10/2026
Listed
$380,000
100.11%
MLS
7/19/2013
Sold
$189,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 42 Waterway Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$693
12%
$302,100
—
2023
$618
—
$302,100
594%
2023
$618
4%
$43,500
—
2022
$594
-1%
$43,500
—
2021
$602
-1%
$43,500
—
2020
$606
—
$43,500
—
2019
$608
-1%
$43,500
—
2017
$614
-5%
$43,500
—
2016
$644
29%
$43,500
—
2015
$500
-34%
$43,500
—
2014
$759
-2%
$43,500
—
2013
$776
—
$43,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 42 Waterway Dr
42 Waterway Drive, Frederica, DE 19946 (MLS# DEKT2049552) is a Single Family property with 3 bedrooms and 2 full bathrooms. 42 Waterway Drive is currently listed for $365,000 and was received on August 10, 2026. Want to learn more about 42 Waterway Drive? Do you have questions about finding other Single Family real estate for sale in Frederica? You can browse all Frederica real estate or contact a Coldwell Banker agent to request more information.

