NOT LISTED FOR SALE

5048 Old Sharptown Rd Laurel, DE 19956

Estimated Value: $181,070 - $320,000

3 Beds
2 Baths
1,360 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $101,000 $74 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,614/month

16 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Attic
  • Detached Garage
  • Vinyl Flooring

About This Home

As of June 2016

Attractive, 3BR/2BA ranch style home situated on approximately 1 country acre! Conveniently located near Laurel, it allows easy access to Sharptown, Salisbury, Delmar and Millsboro!! Just less than an hour drive from the beaches and resort amenities. This home awaits your vision in home improvement touches! Subject to FIRST LOOK!

Last Listed By

Tim Riale

RIALE REALTY License #RB-0002954 Listed on: 04/06/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 2001

Lot Details

  • 1 Acre Lot
  • Zoning described as AGRICULTURAL/RESIDENTIAL

Parking

  • Detached Garage

Home Design

  • Rambler Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,360 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association
  • South Towns End Subdivision

Listing and Financial Details

  • Assessor Parcel Number 432-06.00-88.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$754

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Rambler, Ranch/Rambler
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2001
  • Remarks Public: Attractive, 3BR/2BA ranch style home situated on approximately 1 country acre! Conveniently located near Laurel, it allows easy access to Sharptown, Salisbury, Delmar and Millsboro!! Just less than an hour drive from the beaches and resort amenities. This home awaits your vision in home improvement touches! Subject to FIRST LOOK!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Flooring Type: Laminated, Vinyl
  • Interior Amenities: Attic
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1360
  • Living Area Sq Ft: 1360
  • Net Sq Ft: 1360.00
  • Price Per Sq Ft: 64.71
  • Above Grade Finished Sq Ft: 1360
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5048

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: LAUREL
  • School District Key: 300200396897

Lot Info

  • Lot Size Acres: 1.00
  • Lot Size Area: 1
  • Lot Size Units: Acres
  • Lot Sq Ft: 43560.00
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5221565
  • Assessor Parcel Number: 432-06.00-88.00
  • County Tax Payment Frequency: Annually
  • Close Date: 06/27/2016

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
May 16, 2016
Sold by
Wells Fargo Bank Na
Bought by
Clayton Hunton and Fields Timothy
Seller's Agent
Tim Riale
RIALE REALTY
Buyer's Agent
Patricia Haney
Century 21 Home Team Realty
List Price
$88,000
Sold Price
$101,000
Premium/Discount to List
$13,000
14.77%
Total Days on Market
16
Current Estimated Value
$279,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,768
Avg. Annual Appreciation
12.16%
Original Mortgage
$95,950
Outstanding Balance
$77,358
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$202,410

Purchase Details

Closed on
Jan 25, 2016
Sold by
Lee Robert
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,982
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2013
Sold by
Brustman Glenn D and Kane Brustman Peggy M
Bought by
Brustman Glenn D

Range of Values:

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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
Clayton Hunton $500,000 None Available
Wells Fargo Bank Na $115,200 None Available
Brustman Glenn D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clayton Hunton $95,950
Previous Owner Wells Fargo Bank Na $195,982
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $101,000 +14.8% $74 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $88,000 -- $65 / 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 $754 $14,850 $1,250 $13,600
2023 $863 $14,850 $1,250 $13,600
2022 $747 $14,850 $1,250 $13,600
2021 $789 $14,850 $1,250 $13,600
2020 $807 $14,850 $1,250 $13,600
2019 $810 $14,850 $1,250 $13,600
2018 $881 $14,850 $0 $0
2017 $855 $14,850 $0 $0
2016 $906 $14,850 $0 $0
2015 $764 $14,850 $0 $0
2014 $680 $14,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001016012

Bright MLS

APN: 432-06.00-88.00