NOT LISTED FOR SALE

502 Laurel Ave Wilmington, DE 19809

Estimated Value: $350,000 - $389,000

3 Beds
1.5 Baths
1,350 Sq Ft
$276/Sq Ft Est. Value

Last Sold May 16, 2017

Last sale price $237,000 $176 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,165/month

12 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 1 Fireplace
  • Pierre S. Dupont Middle School Rated A-
  • Wood Flooring
  • 2-minute walk to Prior Tract Park

About This Home

As of May 2017

Traditional split level house in North Wilmington in the community of Pennrock. Hardwood floors throughout! Gas Heat and central air conditioning. The kitchen has hardwood floors, wood cabinets and mostly stainless steel appliances.The house features an all season sun porch and a deck with a small fish pond. The lower level has a family room, powder room and laundry area. The upper level has three bedrooms and a hall bath. The back yard is fenced and a shed provides additional storage. Front steps are scheduled to be resurfaced March 31st. Convenient to Bellevue State Park, I-95, I-495 and the train station.

Last Agent to Sell the Property

Carol McKennon

Patterson-Schwartz - Greenville Listed on: 03/23/2017

Patterson-Schwartz - Greenville

Last Buyer's Agent

Matt Fetick

EXP Realty, LLC License #RS-0019528

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,773

Year Built

  • Built in 1957

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70 x 123
  • Property is in good condition
  • Property is zoned NC6.5

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Pitched Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,350 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on lower level

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Private Water Source
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pennrock Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0609400185

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,773

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1957
  • Remarks Public: Traditional split level house in North Wilmington in the community of Pennrock. Hardwood floors throughout! Gas Heat and central air conditioning. The kitchen has hardwood floors, wood cabinets and mostly stainless steel appliances.The house features an all season sun porch and a deck with a small fish pond. The lower level has a family room, powder room and laundry area. The upper level has three bedrooms and a hall bath. The back yard is fenced and a shed provides additional storage. Front steps are scheduled to be resurfaced March 31st. Convenient to Bellevue State Park, I-95, I-495 and the train station.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Foundation Details: Concrete Perimeter
  • Levels Count: Other
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1350
  • Living Area Sq Ft: 1350
  • Net Sq Ft: 1350.00
  • Price Per Sq Ft: 185.11
  • Above Grade Finished Sq Ft: 1350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Brick
  • Access To Pool: No
  • Exterior Features: Sidewalks
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Private/Community Water

Condo/Co-op/Association

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

Schools

  • School District: BRANDYWINE
  • School District Key: 300200396892

Lot Info

  • Lot Size Acres: 0.20
  • Lot Dimensions: 70 X 123
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: NC6.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2239526
  • Tax Annual Amount: 1773.00
  • Assessor Parcel Number: 0609400185
  • Tax Year: 2016
  • Close Date: 05/16/2017

MLS Schools

  • School District Name: BRANDYWINE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
May 16, 2017
Sold by
Palmer Matthew J and Palmer Lori A
Bought by
Obrien Erin C and Colucci Rocco J
Seller's Agent
Carol McKennon
Patterson-Schwartz - Greenville
Buyer's Agent
Matt Fetick
EXP Realty, LLC
List Price
$249,900
Sold Price
$237,000
Premium/Discount to List
-$12,900
-5.16%
Total Days on Market
12
Current Estimated Value
$373,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,245
Avg. Annual Appreciation
5.80%
Original Mortgage
$232,707
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 2007
Sold by
Foraker Lori Ann and Palmer Lori A
Bought by
Palmer Matthew J and Palmer Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,600
Interest Rate
6.3%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Obrien Erin C $237,000 None Available
Palmer Matthew J -- None Available
Foraker Lori Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obrien Erin C $232,707
Previous Owner Palmer Matthew J $15,848
Previous Owner Palmer Matthew J $180,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2017 05/16/17 Sold $237,000 -5.2% $176 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $249,900 -- $185 / 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 $2,210 $56,600 $11,800 $44,800
2023 $2,024 $56,600 $11,800 $44,800
2022 $2,048 $56,600 $11,800 $44,800
2021 $2,047 $56,600 $11,800 $44,800
2020 $2,046 $56,600 $11,800 $44,800
2019 $2,282 $56,600 $11,800 $44,800
2018 $1,958 $56,600 $11,800 $44,800
2017 $1,929 $56,600 $11,800 $44,800
2016 $1,924 $56,600 $11,800 $44,800
2015 $1,773 $56,600 $11,800 $44,800
2014 $1,773 $56,600 $11,800 $44,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000062508

Bright MLS

APN: 06-094.00-185