NOT LISTED FOR SALE

505 W 7th St Laurel, DE 19956

Estimated Value: $107,000 - $152,959

2 Beds
1 Bath
1,000 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 07, 2017

Last sale price $56,000 $56 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $687/month

19 Days on Market

Highlights

  • Deck
  • Farmhouse Style Home
  • No HOA
  • Wood Flooring
  • Attic
  • Eat-In Kitchen

About This Home

As of December 2017

This home has some updates new kitchen cabinets and all new flooring and paint thru out. Backyard has a privacy fence and a large storage shed. This home is being sold AS IS. Bring all offers!

Last Agent to Sell the Property

Dawn Loeffler

(609) 972-1424 dloeffler1116@gmail.com First Coast Realty LLC License #5004001 Listed on: 10/25/2017

Last Buyer's Agent

Ruth Sivils

(302) 645-2881 ruthsivils00@gmail.com Coldwell Banker Premier - Lewes License #RA-0003519

Coldwell Banker Premier - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $728

Year Built

  • Built in 1940

Lot Details

  • 3,485 Sq Ft Lot
  • Property is Fully Fenced
  • Cleared Lot
  • Zoning described as TOWN CODES

Parking

  • On-Street Parking

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Flooring
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 432-08.06-290.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$728

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farm House
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Kitchen - Eat-In, Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Net Sq Ft: 1000.00
  • Price Per Sq Ft: 58.00
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Fencing: Fully
  • Lot Features: Cleared
  • Lot Size Acres: 0.08
  • Lot Size Units: Acres
  • Lot Sq Ft: 3485.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5222235
  • Tax Annual Amount: 728.00
  • Assessor Parcel Number: 432-08.06-290.00
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Dec 8, 2017
Sold by
Real Spring Llc
Bought by
Fooks Donzene L
Seller's Agent
Dawn Loeffler
First Coast Realty LLC
Buyer's Agent
Ruth Sivils
Coldwell Banker Premier - Lewes
List Price
$61,000
Sold Price
$56,000
Premium/Discount to List
-$5,000
-8.2%
Current Estimated Value
$126,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,990
Avg. Annual Appreciation
10.76%

Purchase Details

Listed on
Mar 10, 2017
Closed on
Jul 26, 2017
Sold by
Bayview Loan Servicing Llc
Bought by
Real Spring Llc
Seller's Agent
Richard Bennett
Coldwell Banker Premier - Seaford
Buyer's Agent
Dawn Loeffler
First Coast Realty LLC
List Price
$44,900
Sold Price
$31,000
Premium/Discount to List
-$13,900
-30.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
441.74%

Purchase Details

Closed on
May 9, 2017
Sold by
Lee Robert
Bought by
Bayview Loan Servicing
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
Fooks Donzene L $56,000 --
Real Spring Llc $31,000 None Available
Bayview Loan Servicing $76,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2017 12/07/17 Sold $56,000 -3.4% $56 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
11/06/2017 11/06/17 Price Changed $58,000 -4.9% $58 / Sq Ft
10/25/2017 10/25/17 For Sale $61,000 +96.8% $61 / Sq Ft
08/02/2017 08/02/17 Sold $31,000 -31.0% $31 / Sq Ft View Prior Sale
07/19/2017 07/19/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $44,900 -- $45 / 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 $222 $5,150 $300 $4,850
2024 $178 $5,150 $300 $4,850
2023 $197 $5,150 $300 $4,850
2022 $283 $5,150 $300 $4,850
2021 $281 $5,150 $300 $4,850
2020 $287 $5,150 $300 $4,850
2019 $264 $5,150 $300 $4,850
2018 $289 $5,150 $0 $0
2017 $328 $5,150 $0 $0
2016 $346 $5,150 $0 $0
2015 $305 $5,150 $0 $0
2014 $276 $5,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dawn Loeffler

    Seller's Agent in 2017

    Dawn Loeffler

    First Coast Realty LLC

    (609) 972-1424

    79 Total Sales

    Dawn Loeffler
    Section Image
  • Richard Bennett

    Seller's Agent in 2017

    Richard Bennett

    Coldwell Banker Premier - Seaford

    (302) 228-1760

    5 in this area

    56 Total Sales

    Richard Bennett
    Section Image

  • D

    Seller Co-Listing Agent in 2017

    Dana Caplan

    Creig Northrop Team of Long & Foster

    Section Image
  • Ruth Sivils

    Buyer's Agent in 2017

    Ruth Sivils

    Coldwell Banker Premier - Lewes

    (302) 645-2881

    25 Total Sales

    Ruth Sivils
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001034258

Bright MLS

APN: 432-08.06-290.00

Delaware Sussex County Laurel 19956

505 W 7th St, Laurel, DE

Not Listed for Sale

Detached

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