NOT LISTED FOR SALE

403 & 405 E 4th St Laurel, DE 19956

Estimated Value: $323,733

6 Beds
3.5 Baths
3,120 Sq Ft
$104/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $310,000 $99 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,768/month

44 Days on Market

Highlights

  • Second Kitchen
  • Colonial Architecture
  • Main Floor Bedroom
  • Dual Staircase
  • Wood Flooring
  • Attic

About This Home

As of June 2024

Charm, space and opportunity meet in the heart of Laurel! The possibilities are endless with this classic duplex . Totaling 6 bedrooms and 3.5 baths, the lucky new owners can rent one side while occupying the other or rent both sides. The current configuration is for single family living. Adding a partition wall in the common front hallway will revert to a duplex and create two additional closets. The units have separate electric meters, water meters, HVAC systems, fuel tanks, kitchens, wood burning fireplaces, laundry areas, water heaters, screen porches and partial basements. Original hardwood flooring, built-in cabinets and historic moldings throughout. 403 offers 3 bedrooms (one on the first floor) and 2 baths, and a walk-up attic. 405 has 3 bedrooms and 1.5 baths. The extra deep lot crosses the Cooper Branch to the north allowing an “in-town getaway” to enjoy nature. Schedule your showing TODAY!

Last Agent to Sell the Property

Dale King

(443) 783-2230 dale@vrgsalisbury.com Vision Realty Group of Salisbury License #587683 Listed on: 04/09/2024

Last Buyer's Agent

Melissa Graver

(302) 448-9631 melissagraver@yahoo.com Active Adults Realty License #RS-0024931

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1938

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 69.00 x 527.00
  • Property is zoned TN

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,120 Sq Ft Home
  • Property has 2 Levels
  • Dual Staircase
  • Ceiling Fan
  • 2 Fireplaces
  • Family Room
  • Dining Room
  • Wood Flooring
  • Partial Basement
  • Attic

Kitchen

  • Second Kitchen
  • Breakfast Room
  • Stove

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 332-01.07-121.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,162

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Exclusions: RO unit at kitchen sink in 405 2 bird baths
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1938
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Stove, Washer, Water Heater, Dryer
  • Interior Amenities: 2nd Kitchen, Additional Stairway, Attic, Breakfast Area, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Breakfast Room, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 3120
  • Living Area Sq Ft: 3120
  • Price Per Sq Ft: 104.17
  • Above Grade Finished Sq Ft: 3120
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Wood Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • 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: 0.83
  • Lot Dimensions: 69.00 x 527.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36155.00
  • Zoning: TN
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 536.00
  • Tax Annual Amount: 1162.00
  • Assessor Parcel Number: 332-01.07-121.00
  • 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
Apr 9, 2024
Closed on
Jun 28, 2024
Sold by
White Justin R and White Rachel C
Bought by
Rea Investments Inc
Seller's Agent
Dale King
Vision Realty Group of Salisbury
Buyer's Agent
Melissa Graver
Active Adults Realty
List Price
$340,000
Sold Price
$310,000
Premium/Discount to List
-$30,000
-8.82%
Views
28
Current Estimated Value
$323,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,733
Avg. Annual Appreciation
2.99%
Original Mortgage
$248,000
Outstanding Balance
$245,009
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$78,724

Purchase Details

Closed on
Jul 25, 2014
Sold by
William K William K
Bought by
Cook Sarah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,250
Interest Rate
4.14%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Rea Investments Inc $310,000 None Listed On Document
Cook Sarah B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rea Investments Inc $248,000
Previous Owner Cook Sarah B $153,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2024 06/20/24 Sold $310,000 -4.6% $99 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $325,000 -4.4% $104 / Sq Ft
04/09/2024 04/09/24 For Sale $340,000 -- $109 / 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 $781 $10,000 $2,700 $7,300
2024 $602 $10,000 $2,700 $7,300
2023 $581 $10,000 $2,700 $7,300
2022 $503 $10,000 $2,700 $7,300
2021 $511 $10,000 $2,700 $7,300
2020 $511 $10,000 $2,700 $7,300
2019 $513 $10,000 $2,700 $7,300
2018 $0 $10,000 $0 $0
2017 $0 $10,000 $0 $0
2016 $441 $10,000 $0 $0
2015 $441 $10,000 $0 $0
2014 $441 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2059814

Bright MLS

APN: 332-01.07-121.00