NOT LISTED FOR SALE

305 E 4th St Laurel, DE 19956

Estimated Value: $104,000 - $206,000

-- Bed
2 Baths
1,100 Sq Ft
$129/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $90,000 $82 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $793/month

Highlights

  • City View
  • Main Floor Bedroom
  • Porch
  • Colonial Architecture
  • Combination Kitchen and Living
  • Patio

About This Home

As of August 2022

Looking for your next home or investment property? Here is a great opportunity to own a 2 Bed, 2 Bath Duplex in the City of Laurel! Both Units consist of 1 Bed & 1 Bath. Both units have Spacious Kitchens & Living Rooms. Want to rent out both units? Want to live in one unit & rent out the other unit? Plenty of opportunities with this property! Historically, these units would rent for $650 each. Here's your chance to make it yours! Home is in need of some updates & with those, this could be a great long term investment. New Furnace 2021. Schedule a showing today!

Last Agent to Sell the Property

Brett DePrince

(302) 604-3431 brett.deprince@cbrealty.com Coldwell Banker Realty License #05-5012712 Listed on: 04/19/2022

Coldwell Banker Realty

Last Buyer's Agent

Andrew Davis

(302) 752-8574 a.davis612@yahoo.com The Real Estate Market

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $354

Year Built

  • Built in 1883

Lot Details

  • 1,279 Sq Ft Lot
  • Lot Dimensions are 48.51 x 26.37

Home Design

  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Shingle Siding

Interior Spaces

  • Main Floor Bedroom
  • 1,100 Sq Ft Home
  • Combination Kitchen and Living
  • Partially Carpeted
  • City Views
  • Electric Oven or Range

Parking

  • Free Parking
  • On-Street Parking

Outdoor Features

  • Patio
  • Porch

Schools

  • Laurel Elementary And Middle School
  • Laurel Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 332-01.07-114.01

Community Details

Overview

  • 2 Units
  • Building Winterized

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$354

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1883
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Water Heater
  • Flooring Type: Partially Carpeted
  • Interior Amenities: Carpet, Combination Kitchen/Living, Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Block
  • Room Count: 6
  • Basement: No
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 122.73
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Shingle Siding
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle
  • View: City, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Water Available, Sewer Available
  • Water Source: Public

Schools

  • School District: LAUREL
  • Elementary School: LAUREL
  • Middle School: LAUREL
  • High School: LAUREL SENIOR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396897
  • School District Source: Listing Agent
  • Elementary School: LAUREL
  • High School: LAUREL SENIOR
  • Middle Or Junior School: LAUREL

Lot Info

  • Land Use Code: RM
  • Lot Size Acres: 0.03
  • Lot Dimensions: 48.51 x 26.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1279.00
  • Outdoor Living Structures: Porch(es), Patio(s), Roof
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Vacation Rental: No

Tax Info

  • School Tax: 213.00
  • Tax Annual Amount: 354.00
  • Assessor Parcel Number: 332-01.07-114.01
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/26/2022

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Aug 26, 2022
Sold by
Hudsons Holding Llc
Bought by
Rubino Shaughn Michael
Seller's Agent
Brett DePrince
Coldwell Banker Realty
Buyer's Agent
Andrew Davis
The Real Estate Market
List Price
$149,999
Sold Price
$90,000
Premium/Discount to List
-$59,999
-40%
Current Estimated Value
$142,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,105
Avg. Annual Appreciation
15.82%
Original Mortgage
$67,500
Outstanding Balance
$64,635
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$77,470

Purchase Details

Listed on
Jan 24, 2019
Closed on
Mar 27, 2019
Sold by
M & T Bank
Bought by
Hudsons Holdings Llc
Seller's Agent
Richard Bennett
Coldwell Banker Premier - Seaford
Buyer's Agent
Irene Vrentzos
Coldwell Banker Realty
List Price
$54,900
Sold Price
$45,000
Premium/Discount to List
-$9,900
-18.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.53%

Purchase Details

Closed on
Nov 28, 2018
Sold by
M & T Bank
Bought by
M & T Bank
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
Rubino Shaughn Michael $90,000 Smith Firm Llc
Hudsons Holdings Llc $45,000 --
M & T Bank $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubino Shaughn Michael $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $90,000 -33.3% $82 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/03/2022 06/03/22 Price Changed $135,000 -6.9% $123 / Sq Ft
05/04/2022 05/04/22 Price Changed $144,999 -3.3% $132 / Sq Ft
04/19/2022 04/19/22 For Sale $149,999 +233.3% $136 / Sq Ft
05/17/2019 05/17/19 Sold $45,000 -9.8% $41 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
02/22/2019 02/22/19 Price Changed $49,900 -9.1% $45 / Sq Ft
01/24/2019 01/24/19 For Sale $54,900 -- $50 / 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
2025 $465 $4,700 $500 $4,200
2024 $239 $4,700 $500 $4,200
2023 $273 $4,700 $500 $4,200
2022 $236 $4,700 $500 $4,200
2021 $234 $4,700 $500 $4,200
2020 $240 $4,700 $500 $4,200
2019 $241 $4,700 $500 $4,200
2018 $263 $4,700 $0 $0
2017 $255 $4,700 $0 $0
2016 $271 $4,700 $0 $0
2015 $234 $4,700 $0 $0
2014 $207 $4,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2020312

Bright MLS

APN: 332-01.07-114.01