$87,500
SOLD MAR 31, 2026

223 W 7th St Laurel, DE 19956

3 Beds
1 Bath
1,600 Sq Ft
2,614 Sq Ft Lot Lot

Sale Details

Date Sold: March 31, 2026

$55 Per Sq Ft

24% Below List Price

37 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Heating Available

About This Home

As of March 2026

INVESTOR ALERT!! This home is a complete remodel or rebuild opportunity. A feasibility study has been completed and breaks down the estimated costs and options for rebuilding as a duplex. Located in the Laurel Downtown Development District, this property may be eligible for up to a 20% reimbursement rebate through the Delaware State Housing Authority. Do not let this opportunity pass you by, call to schedule a showing today.

Last Agent to Sell the Property

Jeff Foust

(302) 674-4255 grmyersjr@gmail.com Myers Realty Brokerage Phone: 3026744255 License #RS-0036433 Listed on: 01/30/2026

Co-Listed By

Zachary Foust

(302) 674-4255 grmyersjr@gmail.com Myers Realty Brokerage Phone: 3026744255 License #rs0024322

Last Buyer's Agent

Barry Zeigler

(302) 567-3056 bzeigler.zcorp@gmail.com Weichert, Realtors - Beach Bound

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $502

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 33.00 x 90.00
  • Property is zoned TN

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 81
  • Assessor Parcel Number 432-08.06-166.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$502

Year Built

Built in 1900

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 62.44
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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, Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 33.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Zoning: TN
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 470.00
  • Tax Annual Amount: 502.00
  • Assessor Parcel Number: 432-08.06-166.00
  • Tax Lot: 81
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2026
Closed on
Mar 31, 2026
Sold by
223 W7 Laurel Llc
Bought by
Coleman Realty Investments Llc
Seller's Agent
Jeff Foust
Myers Realty
Buyer's Agent
Barry Zeigler
Weichert, Realtors - Beach Bound
List Price
$115,000
Sold Price
$87,500
Premium/Discount to List
-$27,500
-23.91%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15587.51%
Original Mortgage
$176,300
Outstanding Balance
$176,300
Interest Rate
5.98%
Mortgage Type
New Conventional
Estimated Equity
-$45,185

Purchase Details

Closed on
Jul 24, 2024
Sold by
Lee Robert T
Bought by
223 W7 Laurel Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $87,500 None Listed On Document
Deed $95,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,300 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2026 03/31/26 Sold $87,500 -12.4% $55 / Sq Ft
03/08/2026 03/08/26 Pending -- -- --
02/25/2026 02/25/26 Price Changed $99,900 -13.1% $62 / Sq Ft
01/30/2026 01/30/26 For Sale $115,000 -- $72 / Sq Ft
Source: Bright MLS

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 $502 $5,800 $350 $5,450
2024 $343 $5,800 $350 $5,450
2023 $385 $5,800 $350 $5,450
2022 $340 $5,800 $350 $5,450
2021 $338 $5,800 $350 $5,450
2020 $345 $5,800 $350 $5,450
2019 $346 $5,800 $350 $5,450
2018 $374 $5,800 $0 $0
2017 $363 $5,800 $0 $0
2016 $383 $5,800 $0 $0
2015 $337 $5,800 $0 $0
2014 $305 $5,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2104154

Bright MLS

APN: 432-08.06-166.00

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