NOT LISTED FOR SALE

318 E 5th St Laurel, DE 19956

Estimated Value: $201,000 - $228,948

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold November 14, 2024

Last sale price $210,000

Est. 4% increase in value since last sale

Current estimated payment $1,190/month

105 Days on Market

Highlights

  • Wood Burning Stove
  • 1 Fireplace
  • Heating Available
  • Traditional Architecture
  • Level Entry For Accessibility

About This Home

As of November 2024

Welcome to this beautiful gem in the heart of Laurel! two-2-bedroom units with on and off-street parking and a front porch. Situated in the center of Laurel, close to the Town of Laurel, stores and schools. This is perfect for those looking to expand their rental portfolio, rent income will be estimated at $2, 500 per month!
call me for a showing!

Last Agent to Sell the Property

Mirla Aleman

(302) 448-9904 mirlag15@gmail.com Linda Vista Real Estate Listed on: 05/24/2024

Last Buyer's Agent

Cheyenne Frieze

cfrieze@lindavistare.com Linda Vista Real Estate License #RS003984

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $992

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50.00 x 156.00

Home Design

  • Duplex
  • Traditional Architecture
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Wood Burning Stove

Parking

  • Alley Access
  • On-Street Parking
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Schools

  • Dunbar Elementary School
  • Laurel Middle School
  • Laurel Senior High School

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 332-01.07-66.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$992

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Sussex De Quadrants: West of Rt 13
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • 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, Off Street, Alley

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric, Wood
  • Heating Type: Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: DUNBAR (PAUL LAURENCE)
  • High School: LAUREL SENIOR
  • Middle Or Junior School: LAUREL

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50.00 x 156.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 408.00
  • Tax Annual Amount: 992.00
  • Assessor Parcel Number: 332-01.07-66.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Oct 20, 2024
Sold by
Herr Chad D and Herr Amy
Bought by
Frieze Cheyenne Elizabeth
Seller's Agent
Mirla Aleman
Linda Vista Real Estate
Buyer's Agent
Cheyenne Frieze
Linda Vista Real Estate
List Price
$229,000
Sold Price
$210,000
Premium/Discount to List
-$19,000
-8.3%
Views
127
Current Estimated Value
$217,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,737
Avg. Annual Appreciation
3.28%
Original Mortgage
$6,185
Outstanding Balance
$6,120
Interest Rate
6.32%
Estimated Equity
$211,617
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frieze Cheyenne Elizabeth $210,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frieze Cheyenne Elizabeth $6,185
Open Frieze Cheyenne Elizabeth $206,196
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $210,000 -8.3% --
09/06/2024 09/06/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $229,000 -- --
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 $582 $7,600 $1,450 $6,150
2024 $386 $7,600 $1,450 $6,150
2023 $441 $7,600 $1,450 $6,150
2022 $382 $7,600 $1,450 $6,150
2021 $379 $7,600 $1,450 $6,150
2020 $388 $7,600 $1,450 $6,150
2019 $390 $7,600 $1,450 $6,150
2018 $426 $7,600 $0 $0
2017 $412 $7,600 $0 $0
2016 $439 $7,600 $0 $0
2015 $378 $7,600 $0 $0
2014 $335 $7,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mirla Aleman

    Linda Vista Real Estate

    (302) 448-9904

    7 in this area

    86 Total Sales

    Mirla Aleman
    Section Image

  • C

    Buyer's Agent in 2024

    Cheyenne Frieze

    Linda Vista Real Estate

    1 in this area

    1 Total Sale

    Cheyenne Frieze
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2063308

Bright MLS

APN: 332-01.07-66.00

Delaware Sussex County Laurel 19956

318 E 5th St, Laurel, DE

Not Listed for Sale

MultiFamily

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