NOT LISTED FOR SALE

5050 Morgans Way Unit 38 Laurel, DE 19956

Estimated Value: $332,000 - $423,000

1 Acre
$387,333 Price per Acre
43,560 Sq Ft Lot

Last Sold August 30, 2017

Last sale price $35,000

Est. 1,007% increase in value since last sale

Current estimated payment $2,272/month

651 Days on Market

About This Lot

As of August 2017

Here's the chance of a lifetime to purchase beautiful lots in prestigious Cherry Walk Woods with no builder tie-ins! Septic permits are on file. Prices start at $39,900. Estimated lot size.

Last Agent to Sell the Property

Randy Hill

The Real Estate Market License #RS-0017062 Listed on: 10/09/2015

Last Buyer's Agent

Randy Hill

The Real Estate Market License #RS-0017062 Listed on: 10/09/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,283

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 172x250x174x250
  • Wooded Lot
  • Zoning described as AGRICULTURAL/RESIDENTIAL

HOA Fees

  • $25 Monthly HOA Fees

Utilities

  • Site Evaluation on File
  • Sewer Not Available

Community Details

  • Cherry Walk Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 432-02.00-125.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,283

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Here's the chance of a lifetime to purchase beautiful lots in prestigious Cherry Walk Woods with no builder tie-ins! Septic permits are on file. Prices start at $39,900. Estimated lot size.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.98
  • Street Number Modifier: 5050

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Site Evaluation On File, No Sewer System

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: LAUREL
  • School District Key: 300200396897

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 1.00
  • Lot Size Area: 1
  • Lot Dimensions: 172x250x174x250
  • Lot Size Units: Acres
  • Lot Sq Ft: 43560.00
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5220833
  • Assessor Parcel Number: 432-02.00-125.00
  • County Tax Payment Frequency: Annually
  • Close Date: 08/30/2017

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Equity T Co
Bought by
Munoz Seth T and Munoz Brittany R
Current Estimated Value
$387,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,150
Outstanding Balance
$382,210
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,790
Source: Public Records

Range of Values:

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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
Munoz Seth T $72,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Brittany R $412,150
Closed Munoz Seth T $412,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $35,000 -17.6% --
07/21/2017 07/21/17 Pending -- -- --
10/09/2015 10/09/15 For Sale $42,500 -- --
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 $1,283 $1,750 $1,750 $0
2023 $1,460 $1,750 $1,750 $0
2022 $88 $1,750 $1,750 $0
2021 $87 $1,750 $1,750 $0
2020 $89 $1,750 $1,750 $0
2019 $90 $1,750 $1,750 $0
2018 $98 $1,750 $0 $0
2017 $95 $1,750 $0 $0
2016 $101 $1,750 $0 $0
2015 $87 $1,750 $0 $0
2014 $77 $1,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Hill

    Seller's Agent in 2017

    Randy Hill

    The Real Estate Market

    (302) 236-3837

    79 in this area

    140 Total Sales

    Randy Hill
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Map

Source: Bright MLS

MLS Number: 1001010914

Bright MLS

APN: 432-02.00-125.00

Delaware Sussex County Laurel 19956

5050 Morgans Way Unit 38, Laurel, DE

This home is located at 5050 Morgans Way Unit 38, Laurel, DE 19956 since 09 October 2015 and is currently estimated at $387,333. 5050 Morgans Way Unit 38 is a home located in Sussex County with nearby schools including North Laurel Elementary School, Laurel Elementary School, and Laurel Intermediate Middle School.

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