NOT LISTED FOR SALE

504 W 7th St Laurel, DE 19956

Estimated Value: $142,000 - $158,000

3 Beds
1 Bath
768 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $132,500 $173 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $820/month

60 Days on Market

Highlights

  • Raised Ranch Architecture
  • More Than Two Accessible Exits
  • Electric Baseboard Heater
  • No HOA

About This Home

As of March 2024

Excellent rental property- now vacant! House is in great shape with recent updates and improvements.

Last Agent to Sell the Property

Brandon Ziska

bziska@rinnier.com Coldwell Banker Realty Listed on: 12/18/2023

Coldwell Banker Realty

Last Buyer's Agent

Brett DePrince

(302) 604-3431 brett.deprince@cbrealty.com Coldwell Banker Realty License #05-5012712

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1974

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 75.00 x 82.00
  • Property is zoned TN

Parking

  • Driveway

Home Design

  • Raised Ranch Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 768 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 432-08.06-231.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Sussex De Quadrants: West of Rt 13
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 768
  • Living Area Sq Ft: 768
  • Price Per Sq Ft: 188.80
  • Above Grade Finished Sq Ft: 768
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, 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: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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: 0.14
  • Lot Dimensions: 75.00 x 82.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 11820.00
  • Vacation Rental: No

Tax Info

  • School Tax: 279.00
  • Tax Annual Amount: 1502.00
  • Assessor Parcel Number: 432-08.06-231.00
  • Tax Lot: 22
  • 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
Dec 18, 2023
Closed on
Mar 20, 2024
Sold by
Wright Nancy
Bought by
Ajb Brothers Llc
Seller's Agent
Brandon Ziska
Coldwell Banker Realty
Buyer's Agent
Brett DePrince
Coldwell Banker Realty
List Price
$145,000
Sold Price
$132,500
Premium/Discount to List
-$12,500
-8.62%
Views
170
Current Estimated Value
$150,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,901
Avg. Annual Appreciation
7.69%
Original Mortgage
$101,250
Outstanding Balance
$99,610
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$50,791

Purchase Details

Closed on
Nov 12, 2020
Sold by
Md Investments Llc
Bought by
Wright Nancy

Purchase Details

Listed on
Mar 16, 2012
Closed on
Aug 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Md Investments Llc
Seller's Agent
John Fifer
NEXTRE INC-L
Buyer's Agent
Lee Johnson
Coldwell Banker Premier - Seaford
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.54%

Purchase Details

Closed on
Jan 27, 2012
Sold by
Jeffrey Jeffrey
Bought by
James B Nutter And Company Assignee Of D
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
Ajb Brothers Llc $135,000 None Listed On Document
Wright Nancy -- None Available
Md Investments Llc $20,000 --
James B Nutter And Company Assignee Of D $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajb Brothers Llc $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $132,500 -8.6% $173 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $145,000 0.0% $189 / Sq Ft
02/06/2024 02/06/24 For Sale $145,000 +5.5% $189 / Sq Ft
01/01/2024 01/01/24 Pending -- -- --
12/18/2023 12/18/23 For Sale $137,500 +587.5% $179 / Sq Ft
10/05/2012 10/05/12 Sold $20,000 0.0% $26 / Sq Ft View Prior Sale
08/07/2012 08/07/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $20,000 -- $26 / 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 $351 $5,200 $550 $4,650
2024 $264 $5,200 $550 $4,650
2023 $302 $5,200 $550 $4,650
2022 $261 $5,200 $550 $4,650
2021 $259 $5,200 $550 $4,650
2020 $266 $5,200 $550 $4,650
2019 $267 $5,200 $550 $4,650
2018 $291 $5,200 $0 $0
2017 $282 $5,200 $0 $0
2016 $300 $5,200 $0 $0
2015 $259 $5,200 $0 $0
2014 $230 $5,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2053194

Bright MLS

APN: 432-08.06-231.00