NOT LISTED FOR SALE

503 S Central Ave Laurel, DE 19956

Estimated Value: $240,000 - $275,000

3 Beds
2.5 Baths
2,800 Sq Ft
$94/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $180,000 $64 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,581/month

97 Days on Market

Highlights

  • Curved or Spiral Staircase
  • Wood Flooring
  • 4 Fireplaces
  • Craftsman Architecture
  • Attic
  • No HOA

About This Home

As of April 2021

Outstanding, well maintained colonial with loads of character. Massive family room with fireplace, and brick patio out back. The back yard has covered parking & privacy fencing. Spacious interior with formal dining room & living room both with fireplaces. Large kitchen with island and updated appliances, 2.5 baths and a large front porch for watching parades make this a very comfortable place to call home. Located within Laurel's Historic District, is within the Downtown Development District therefore qualifies for rebates of up to 20% on certain repairs, additions, remodeling, etc., and is eligible for Historic tax credits. For more info on this contact listing agent.

Last Agent to Sell the Property

Brian Shannon

(302) 745-0709 bgshannon@msn.com The Real Estate Market License #RS-0011946 Listed on: 10/29/2020

Last Buyer's Agent

Jody Holston

(302) 396-4513 jody@realestatemarket.pro The Real Estate Market License #RS-0024253

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 1848

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 59.00 x 249.00
  • West Facing Home
  • Decorative Fence
  • Landscaped
  • Level Lot
  • Back Yard
  • Property is zoned TN

Home Design

  • Craftsman Architecture
  • Federal Architecture
  • Plaster Walls
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 2 Levels
  • Curved or Spiral Staircase
  • 4 Fireplaces
  • Partial Basement
  • Electric Dryer
  • Attic

Kitchen

  • Built-In Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-in Shower

Parking

  • 14 Parking Spaces
  • 6 Driveway Spaces
  • 2 Attached Carport Spaces
  • Dirt Driveway

Schools

  • Laurel Elementary And Middle School
  • Laurel Senior High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Central Heating
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 332-01.07-91.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,466

Year Built

Built in 1848

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman, Federal
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1848
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Dryer - Electric
  • Flooring Type: Hardwood, Carpet, Tile/Brick, Wood
  • Interior Amenities: Attic, Curved Staircase, Kitchen - Island, Stall Shower, Wood Floors
  • Fireplace Features: Other
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 66.07
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Paved
  • Roof: Asphalt, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Parking Features: Dirt Driveway
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 14
  • Type Of Parking: Attached Carport, Driveway, Off Street
  • Number of Spaces in Driveway: 6
  • Off Street Parking Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric, Natural Gas
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available, Phone Available
  • Water Source: Community

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Decorative
  • Lot Features: Landscaping, Level, Rear Yard, Road Frontage
  • Lot Size Acres: 0.26
  • Lot Dimensions: 59.00 x 249.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11326.00
  • Zoning: TN
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5186153
  • School Tax: 672.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1466.00
  • Assessor Parcel Number: 332-01.07-91.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Apr 16, 2021
Sold by
Roberts Jeffrey D
Bought by
Wiles Robyn A and Davis Matthew
Seller's Agent
Brian Shannon
The Real Estate Market
Buyer's Agent
Jody Holston
The Real Estate Market
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$288,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,658
Avg. Annual Appreciation
8.24%
Original Mortgage
$144,000
Outstanding Balance
$108,093
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$154,968

Purchase Details

Listed on
Oct 24, 2013
Closed on
Mar 30, 2015
Bought by
Roberts Jeffrey D
Seller's Agent
Bill Wagamon
Jack Lingo - Lewes
Buyer's Agent
MEGAN MULLINS
The Watson Realty Group, LLC
List Price
$154,900
Sold Price
$154,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%

Purchase Details

Listed on
Oct 24, 2013
Closed on
Mar 27, 2015
Bought by
Roberts Jeffrey D
Seller's Agent
Bill Wagamon
Jack Lingo - Lewes
Buyer's Agent
MEGAN MULLINS
The Watson Realty Group, LLC
List Price
$154,900
Sold Price
$154,900

Purchase Details

Closed on
Dec 28, 2012
Sold by
Durham Robert W
Bought by
Durham Realty Ventures Llc

Purchase Details

Closed on
Dec 19, 2012
Sold by
Durham Robert W
Bought by
Durham Realty Ventures Llc
Source: Public Records
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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
Wiles Robyn A $180,000 None Available
Roberts Jeffrey D $154,900 --
Roberts Jeffrey D $154,900 --
Durham Realty Ventures Llc -- --
Durham Realty Ventures Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiles Robyn A $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2021 04/16/21 Sold $180,000 -2.7% $64 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
10/29/2020 10/29/20 For Sale $185,000 +19.4% $66 / Sq Ft
03/30/2015 03/30/15 Sold $154,900 0.0% $55 / Sq Ft View Prior Sale
02/09/2015 02/09/15 Pending -- -- --
10/24/2013 10/24/13 For Sale $154,900 -- $55 / 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 $983 $14,400 $1,800 $12,600
2024 $780 $14,400 $1,800 $12,600
2023 $885 $14,400 $1,800 $12,600
2022 $773 $14,400 $1,800 $12,600
2021 $767 $14,400 $1,800 $12,600
2020 $736 $14,400 $1,800 $12,600
2019 $738 $14,400 $1,800 $12,600
2018 $807 $14,400 $0 $0
2017 $782 $14,400 $0 $0
2016 $831 $14,400 $0 $0
2015 $717 $14,400 $0 $0
2014 $633 $14,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU172282

Bright MLS

APN: 332-01.07-91.00