NOT LISTED FOR SALE

232 W 7th St Laurel, DE 19956

Estimated Value: $107,515 - $243,000

3 Beds
1 Bath
1,200 Sq Ft
$141/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $20,000 $17 Per Sq Ft

Est. 743% increase in value since last sale

Current estimated payment $961/month

28 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Enclosed patio or porch
  • Farmhouse Style Home
  • No HOA
  • Attached Garage

About This Home

As of April 2016

Investor Alert! 3-BR dwelling on large 63x260' deep in-town lot. Apx. 90% of the house has been stripped, so the remodeling can start asap. Original mantle, wood floors, and some moldings/trim and light fixtures remain. Enclosed front porch. Metal roof on att. garage/outbuilding. Property is sold "as is," with no warranties or guarantees of any kind from the seller, and only cash offers will be considered.

Last Listed By

Randy Hill

The Real Estate Market License #RS-0017062 Listed on: 03/14/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 63x260x63x267
  • Zoning described as TOWN CODES

Parking

  • Attached Garage

Home Design

  • Farmhouse Style Home
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Asbestos
  • Stick Built Home

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer Hookup
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed patio or porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 432-08.06-197.00

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farm House
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Investor Alert! 3-BR dwelling on large 63x260' deep in-town lot. Apx. 90% of the house has been stripped, so the remodeling can start asap. Original mantle, wood floors, and some moldings/trim and light fixtures remain. Enclosed front porch. Metal roof on att. garage/outbuilding. Property is sold "as is," with no warranties or guarantees of any kind from the seller, and only cash offers will be considered.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Flooring Type: Hardwood
  • Interior Amenities: Attic
  • Fireplace: No
  • Foundation Details: Other, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Net Sq Ft: 1200.00
  • Price Per Sq Ft: 16.58
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 232

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Asbestos
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: LAUREL
  • School District Key: 300200396897

Lot Info

  • Lot Size Acres: 0.37
  • Lot Dimensions: 63x260x63x267
  • Lot Size Units: Acres
  • Lot Sq Ft: 16117.00
  • Outdoor Living Structures: Porch(es), Enclosed
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5222078
  • Tax Annual Amount: 551.00
  • Assessor Parcel Number: 432-08.06-197.00
  • County Tax Payment Frequency: Annually
  • Close Date: 04/29/2016

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Apr 28, 2016
Sold by
Mikos Properties Ii Llc
Bought by
Diaz Perez Magnolio
Seller's Agent
Randy Hill
The Real Estate Market
Buyer's Agent
Steve C. TAYLOR
The Real Estate Market
List Price
$30,000
Sold Price
$20,000
Premium/Discount to List
-$10,000
-33.33%
Total Days on Market
28
Current Estimated Value
$168,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,629
Avg. Annual Appreciation
25.53%

Purchase Details

Closed on
May 14, 2015
Sold by
Carolyn A Carolyn A and Phillips Norman Glenn
Bought by
Phillips Norma Jean C

Purchase Details

Closed on
Apr 14, 2015
Sold by
Norma Jean C Norma Jean C
Bought by
Mkos Properties Ii Llc

Purchase Details

Closed on
Mar 18, 2015
Sold by
Carolyn A Carolyn A and Phillips Norman Glenn
Bought by
Phillips Norma Jean C

Purchase Details

Closed on
Feb 25, 2015
Sold by
Dana S Dana S
Bought by
Phillips Norma Jean C

Purchase Details

Closed on
Feb 11, 2015
Sold by
Vicky L Vicky L
Bought by
Phillips Norma Jean C

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
Diaz Perez Magnolio $20,000 None Available
Phillips Norma Jean C -- --
Mkos Properties Ii Llc -- --
Phillips Norma Jean C -- --
Phillips Norma Jean C -- --
Phillips Norma Jean C -- --
Phillips Norma Jean C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $20,000 -33.3% $17 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $30,000 -- $25 / 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
2024 $315 $5,700 $700 $5,000
2023 $360 $5,700 $700 $5,000
2022 $312 $5,700 $700 $5,000
2021 $309 $5,700 $700 $5,000
2020 $317 $5,700 $700 $5,000
2019 $318 $5,700 $700 $5,000
2018 $319 $5,700 $0 $0
2017 $309 $5,700 $0 $0
2016 $329 $5,700 $0 $0
2015 $284 $5,700 $0 $0
2014 $252 $5,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001015112

Bright MLS

APN: 432-08.06-197.00