NOT LISTED FOR SALE

506 Cooper St Laurel, DE 19956

Estimated Value: $113,000 - $229,000

2 Beds
1.5 Baths
-- Sq Ft
7,418 Sq Ft Lot

Last Sold April 12, 2019

Last sale price $60,000

Est. 151% increase in value since last sale

Current estimated payment $826/month

35 Days on Market

Highlights

  • Water Oriented
  • Colonial Architecture
  • Living Room
  • Waterfront
  • No HOA
  • Electric Baseboard Heater

About This Home

As of April 2019

MOTIVATED SELLER!! Attention investors! Well-Maintained waterfront property with a Cap Rate of 13.5%! Appraised at $105,000 in 2016. A great investment opportunity with an income of $875 per month.

Last Agent to Sell the Property

Temeka Mumford

(410) 845-9664 temekamumford79@gmail.com Coldwell Banker Realty Listed on: 01/31/2019

Coldwell Banker Realty

Last Buyer's Agent

ANN MALLOY

(302) 542-2153 annmalloy1@gmail.com Delaware Coastal Realty License #RA-0003214

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $219

Year Built

  • Built in 1940

Lot Details

  • 7,418 Sq Ft Lot
  • Waterfront

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Stick Built Home
  • Asphalt

Interior Spaces

  • Property has 2 Levels
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Water Oriented
  • Property is near a pond

Schools

  • Laurel Middle School
  • Laurel Senior High School

Utilities

  • Electric Baseboard Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 332-01.07-248.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$219

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-01-31
  • Federal Flood Zone: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room List: Living Room, Kitchen
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding, Asphalt
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: LAUREL SENIOR
  • Middle Or Junior School: LAUREL

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7418.00
  • Zoning: Q
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5185974
  • School Tax: 201.00
  • Tax Annual Amount: 219.00
  • Assessor Parcel Number: 332-01.07-248.01
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: LAUREL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Burke Ryan J and Burke Tatiana A
Bought by
Oliverex Llc
Current Estimated Value
$150,720

Purchase Details

Closed on
Sep 1, 2022
Sold by
Rts Properties Inc
Bought by
Burke Ryan J and Burke Tatiana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.54%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 29, 2014
Bought by
Charles Mylane

Purchase Details

Closed on
May 9, 2012
Bought by
Fm 611 Ltd

Purchase Details

Closed on
Feb 21, 2012
Bought by
Fm 611 Ltd

Purchase Details

Closed on
Dec 27, 2011
Sold by
Jeffrey Jeffrey
Bought by
Bac Home Loans Servicing Lp
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
Oliverex Llc -- None Listed On Document
Burke Ryan J $95,000 Fuqua Willard & Schab Pa
Charles Mylane $25,000 --
Fm 611 Ltd -- --
Fm 611 Ltd -- --
Bac Home Loans Servicing Lp $96,921 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Ryan J $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2019 04/12/19 Sold $60,000 -11.8% --
03/08/2019 03/08/19 Pending -- -- --
03/05/2019 03/05/19 Price Changed $68,000 -2.9% --
02/22/2019 02/22/19 Price Changed $70,000 -6.7% --
01/31/2019 01/31/19 For Sale $75,000 +200.0% --
04/19/2013 04/19/13 Sold $25,000 0.0% -- View Prior Sale
04/11/2013 04/11/13 Pending -- -- --
04/04/2012 04/04/12 For Sale $25,000 -- --
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 $398 $3,900 $850 $3,050
2024 $198 $3,900 $850 $3,050
2023 $227 $3,900 $850 $3,050
2022 $196 $3,900 $850 $3,050
2021 $194 $3,900 $850 $3,050
2020 $199 $3,900 $850 $3,050
2019 $200 $3,900 $850 $3,050
2018 $219 $3,900 $0 $0
2017 $212 $3,900 $0 $0
2016 $225 $3,900 $0 $0
2015 $194 $3,900 $0 $0
2014 $172 $3,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Temeka Mumford

    Seller's Agent in 2019

    Temeka Mumford

    Coldwell Banker Realty

    (410) 845-9664

    1 in this area

    59 Total Sales

    Temeka Mumford
    Section Image

  • A

    Buyer's Agent in 2019

    ANN MALLOY

    Delaware Coastal Realty

    (302) 542-2153

    8 Total Sales

    ANN MALLOY
    Section Image

  • R

    Seller's Agent in 2013

    Ryan Gehris

    USRealty.com LLP

    (610) 466-5358

    57 Total Sales

    Ryan Gehris
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU129922

Bright MLS

APN: 332-01.07-248.01

Delaware Sussex County Laurel 19956

506 Cooper St, Laurel, DE

Not Listed for Sale

Detached

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