NOT LISTED FOR SALE

505 S Central Ave Laurel, DE 19956

Estimated Value: $285,000 - $360,000

4 Beds
2.5 Baths
-- Sq Ft
0.41 Acres

Last Sold April 30, 2021

Last sale price $260,000

Est. 27% increase in value since last sale

Current estimated payment $1,838/month

46 Days on Market

Highlights

  • Above Ground Pool
  • Victorian Architecture
  • Screened Porch
  • Wood Flooring
  • No HOA
  • Sitting Room

About This Home

As of April 2021

Fully restored and updated, large Victorian house nestled in the town of Laurel Delaware. All the charm and warmth of the original home has been restored and is ready for you to move in. Too many upgrades to list. You must see it to believe it. Home has a fully fenced in yard and rear/alley access to the back yard with additional parking..

Last Agent to Sell the Property

Justin Yon

(302) 275-8619 justin@c21hometeam.com Century 21 Home Team Realty License #RA-0031221 Listed on: 01/08/2021

Century 21 Home Team Realty

Last Buyer's Agent

Robert Payne

(443) 783-0821 rob.payneteam@gmail.com RE/MAX Advantage Realty

RE/MAX Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,314

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 72.00 x 253.00
  • Property is Fully Fenced
  • Property is in very good condition
  • Property is zoned TN

Parking

  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Victorian Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Replacement Windows
  • Sitting Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Wood Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Above Ground Pool
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 332-01.07-90.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,314

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Exclusions: Kitchen Range excluded and will be replaced.
  • Inclusions: 3 Vent-free fireplaces included.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-01-08
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Window Features: Replacement
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Screened Porch
  • Basement: Yes
  • Basement Type: Partial
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Mixed, Stick Built
  • Pool Features: Above Ground
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Lot Size Acres: 0.41
  • Lot Dimensions: 72.00 x 253.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17860.00
  • Property Condition: Very Good
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5186152
  • School Tax: 802.00
  • Tax Annual Amount: 1314.00
  • Assessor Parcel Number: 332-01.07-90.00
  • 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
Jan 8, 2021
Closed on
Apr 30, 2021
Sold by
Mcvey Richard D and Flick Michael A
Bought by
Blanchfield Peter L
Seller's Agent
Justin Yon
Century 21 Home Team Realty
Buyer's Agent
Robert Payne
RE/MAX Advantage Realty
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Current Estimated Value
$330,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,451
Avg. Annual Appreciation
5.34%
Original Mortgage
$262,626
Outstanding Balance
$238,005
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$92,446

Purchase Details

Closed on
Oct 1, 2013
Sold by
Nr & Nr Llc
Bought by
Mf Investments Of De Llc

Purchase Details

Closed on
Feb 24, 2010
Bought by
Flick Michael A and Mcvey Richard D

Purchase Details

Closed on
Feb 19, 2010
Bought by
Flick Michael A and Mcvey Richard D
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
Blanchfield Peter L $260,000 None Available
Mf Investments Of De Llc $30,000 --
Flick Michael A $202,500 --
Flick Michael A $202,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanchfield Peter L $262,626
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $260,000 +4.0% --
02/24/2021 02/24/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $249,900 0.0% --
02/05/2021 02/05/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $249,900 -- --
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 $1,182 $17,200 $2,300 $14,900
2024 $898 $17,200 $2,300 $14,900
2023 $1,023 $17,200 $2,300 $14,900
2022 $889 $17,200 $2,300 $14,900
2021 $882 $17,200 $2,300 $14,900
2020 $928 $17,200 $2,300 $14,900
2019 $930 $17,200 $2,300 $14,900
2018 $1,012 $17,200 $0 $0
2017 $934 $17,200 $0 $0
2016 $1,041 $17,200 $0 $0
2015 $905 $17,200 $0 $0
2014 $808 $17,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU175504

Bright MLS

APN: 332-01.07-90.00