NOT LISTED FOR SALE

16617 C Laurel Rd Laurel, DE 19956

Estimated Value: $316,000 - $396,593

1.01 Acres
$362,028 Price per Acre
43,996 Sq Ft Lot

Last Sold August 18, 2022

Last sale price $68,000

Est. 438% increase in value since last sale

Current estimated payment $1,983/month

Highlights

  • View of Trees or Woods
  • No HOA
  • Additional Land

About This Lot

As of August 2022

There are 3 separate 1 acre lots available together or to be purchased individually for $79,000 each. No builder tie-in. Huge Potential

Last Agent to Sell the Property

GWENDOLYN BALLEN

(302) 500-1192 gyballen@gmail.com EXIT Preferred Realty License #RS-0019970 Listed on: 03/23/2021

EXIT Preferred Realty

Last Buyer's Agent

Michael Webster

(410) 251-8596 mike@are-pros.com ARE PROS. License #652433

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $147

Lot Details

  • 1.01 Acre Lot
  • Rural Setting
  • Additional Land
  • 3 One Acre Lots
  • Property is zoned AR-1

Property Views

  • Views of Woods

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 232-23.00-2.00

Property Details

Property Type

Land

Est. Annual Taxes

$147

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Residential
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.80

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: 3 One Acre Lots
  • Improvement Assessed Value: 700.00
  • Lot Features: Additional Lot(s)
  • Lot Size Acres: 1.01
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43996.00
  • Possible Use: Residential
  • Soil Types: Unknown
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5143697
  • School Tax: 134.00
  • Tax Annual Amount: 147.00
  • Assessor Parcel Number: 232-23.00-2.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Cmh Homes Inc
Bought by
Hill Samuel Palmer and Hill Crystal May
Current Estimated Value
$365,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Outstanding Balance
$323,647
Interest Rate
6.48%
Mortgage Type
FHA
Estimated Equity
$42,001

Purchase Details

Listed on
Mar 23, 2021
Closed on
Aug 11, 2022
Sold by
Vaughan Graves
Bought by
Cmh Homes Inc
Seller's Agent
GWENDOLYN BALLEN
EXIT Preferred Realty
Buyer's Agent
Michael Webster
ARE PROS.
List Price
$79,000
Sold Price
$68,000
Premium/Discount to List
-$11,000
-13.92%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.44%

Purchase Details

Closed on
Feb 17, 2012
Bought by
Graves William H

Purchase Details

Closed on
May 25, 2011
Bought by
Graves William H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hill Samuel Palmer $340,000 --
Cmh Homes Inc $68,000 Haller & Hudson
Graves William H -- --
Graves William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Samuel Palmer $333,841
Closed Hill Samuel Palmer $10,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $68,000 -13.9% --
04/05/2022 04/05/22 For Sale $79,000 +16.2% --
03/23/2022 03/23/22 Off Market $68,000 -- --
12/20/2021 12/20/21 For Sale $79,000 0.0% --
10/18/2021 10/18/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $79,000 -- --
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
2025 $828 $2,950 $2,250 $700
2024 $850 $2,950 $2,250 $700
2023 $965 $2,950 $2,250 $700
2022 $153 $2,950 $2,250 $700
2021 $152 $2,950 $2,250 $700
2020 $155 $2,950 $2,250 $700
2019 $156 $2,950 $2,250 $700
2018 $170 $2,950 $0 $0
2017 $165 $2,950 $0 $0
2016 $175 $2,950 $0 $0
2015 $151 $2,950 $0 $0
2014 $135 $2,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU179736

Bright MLS

APN: 232-23.00-2.00